- One external factor affecting business is economic. Give two reasons why economic factors can influence business and give specific, current, relevant examples of each reason.
- The WTO is an organization that affects the global marketplace. Explain how the WTO affects the healthcare industry across the globe.
3.Jules Sylvester had always loved reptiles. When he was asked by a movie producer if he could locate some anaconda snakes for a movie, a business was born. Sylvester is the proud owner and operator of Reptile Rentals. The California-based business, which he started with no financial help from anyone, is often called on to provide "creepy, crawly" moments in the movies. What type of business ownership is represented here? What are two risks and two benefits for Jules in this type of business? Why is this the best business model for Jules in these circumstances?
4.Describe the social responsibility pyramid. Choose one level of the pyramid and give an example of a company acting at that level.
5.Compare and contrast participative leadership and free-rein leadership. Give specific examples of each.
6.What is the equity theory of motivation? Give a specific example.
7.The marketing mix is often referred to as the 4 P’s. What are the 4 P’s? Give an example of each one.
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