Understanding Business 13th Edition William Nickels, Jim McHugh, Susan McHugh - Solutions

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What are some of the major cloud providers where you might have a look for good AI services?? p-968
What are the different kinds of factors to consider in relation to AI feature decisions?? p-968
Before evaluating different feature designs, what should you do?? p-968
Having a limited budget for implementation is relevant to what factor?? p-968
What are the main approaches to implementing the AI features? p-968 discussed in this book?
What paths can you take to enhance your knowledge of architecting AI features on Salesforce?? p-968
How do you envisage the process of coming up with the right architecture for an AI feature?? p-968
To leverage the value of intelligent CRM data, automate routine processes, and better connect with your customers on a personal basis?
Pre-built solutions; Lightning Platform; Tableau CRM; declarative platform services; and programmatic platform services?? p-968
Probabilistic in nature, as well as model-based, data-dependent, autonomous, opaque, evolving, and ethically valent?? p-968
Screen flows; recommendation records; strategies; and the Einstein Next Best Action lightning component?? p-968
On a single Salesforce object, exclusively?? p-968
Using write-back, with the Einstein Discovery lightning component, or using the API?? p-968
Because your requirements in one dimension or another go beyond what's available on the platform.?? p-968
No, often they can offer an excellent functional fit with a short time-tovalue.?? p-968
Azure; AWS; Google Cloud Platform.?? p-968
3 Compare the advantages and disadvantages of corporations, and summarize the differences between C corporations, S corporations, and limited liability companies.
2 Describe the differences between general and limited partners, and compare the advantages and disadvantages of partnerships.
1 Compare the advantages and disadvantages of sole proprietorships.
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4. How do Rhino employees communicate the company's social mission to their customers?
3. How does Rhino Records encourage its employees to get involved in community service?
2. What does the Social and Environmental Responsibility Team (SERT) do to implement this mission?
1. What is the social mission of Rhino Records?
5. What effects have the new laws protecting whistleblowers had on the busi- ness environment? Use the Internet or the library to research individuals who reported their employers' illegal and/or unethical behavior. Did the companies change their policies? If so, what effect have these policies had
4. Contact a local corporation and ask for a copy of its written ethics code. Would you classify its code as compliance-based or integrity-based? Explain.
3. You're the manager of a coffeehouse called the Morning Cup. One of your best employees desires to be promoted to a managerial position; however, the owner is grooming his slow-thinking son for the job. The owner's nepotism may hurt a valuable employee's chances for advance- ment, but complaining
2. Do a little investigative reporting of your own. Identify a public interest group in your community and identify its officers, objectives, sources and amount of financial support, and size and characteristics of membership. List some examples of its recent actions and/or accomplishments. You
1. What sources have helped shape your personal code of ethics and moral- ity? What influences, if any, have ever pressured you to compromise those standards? Think of an experience you had at work or school that tested your ethical standards. How did you resolve your dilemma? Now that time has
2. Would it have been easier to resolve the dilemma if you had asked yourself the three questions listed in the chapter? Try answering them now and see whether you would have made a different choice.
1. What are your alternatives, and what are the consequences of each?
6 Analyze the role of U.S. businesses in influencing ethical behavior and social responsibility in global markets.
5 Define corporate social responsibility and compare corporations' responsibilities to various stakeholders.
4 Distinguish between compliance-based and Integrity-based ethics codes, and list the six steps in setting up a corporate ethics code.
3 Describe management's role in 3 setting ethical standards.
2 Ask the three questions you need to answer when faced need to answer when faced with a potentially unethical action.
1 Explain why obeying the law is only the first step in behaving ethically.
6 Dis Discuss the changing landscape of the global market and the issue of offshore outsourcing.
3 Illustrate the strategies used in reaching global markets and explain the role of multi- national corporations.
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One of the difficulties of engaging in global trade is the constant shift in exchange rates. How much do exchange rates change over a 30-day period? Research this by choosing five currencies (say, the euro, the British pound, the Japanese yen, the Mexican peso, the Saudi Arabian riyal) and
5. Form an imaginary joint venture with three classmates and select a prod- uct, service, or idea to market to a specific country. Have each team mem- ber select a key global market force in that country (sociocultural, economic and financial, legal and regulatory, or physical and environmen- tal)
4. Suppose Representative I. M. Wright delivers a passionate speech at your college on tariffs. He argues tariffs are needed toa. Protect our young industries.b. Encourage consumers to buy U.S.-made products because it's patriotic.c. Protect U.S. jobs and wages.d. Achieve a favorable balance of
3. Visit four or five public locations in your community such as schools, hos- pitals, city/county buildings, or airports. See how many signs are posted in different languages (don't forget the restrooms) and look for other multi- lingual information, such as brochures or handouts. Do any of the
2. Call, e-mail, or visit a local business that imports foreign goods (perhaps a wine or specialty foods importer). Ask the owner or manager about the business's participation in global trade, and compile a list of the advan- tages and disadvantages he or she cites. Compare notes with your class-
1. Find out firsthand the global impact on your life. How many different countries' names appear on the labels in your clothes? How many lan- guages do your classmates speak? List the ethnic restaurants in your com- munity. Are they family-owned or corporate chains?
4. How would you justify the use of revenue or protective tariffs in today's global market?
3. What can businesses do to prevent unexpected problems in dealing with sociocultural, economic and financial, legal and regulatory, and physical and environmental forces in global markets?
2. Countries like the United States that have a high standard of living are referred to as industrialized nations. Countries with a lower standard of living and quality of life are called developing countries (or underdeveloped or less developed countries). What factors prevent developing nations
1. About 95 percent of the world's population lives outside the United States, but many U.S. companies, especially small businesses, still do not engage in global trade. Why not? Do you think more small businesses will partici- pate in global trade in the future? Why or why not?
6 Discuss the changing landscape of the global market and the issue of offshore outsourcing.
5 Debate the advantages and disadvantages of trade protectionism.
4 Evaluate the forces that affect trading in global markets.
3 Illustrate the strategies used in reaching global markets and 3 reaching global markets and explain the role of multi- national corporations.
2 Explain the importance of Importing and exporting, and understand key terms used in global business.
1 Discuss the importance of the global market and the roles of comparative advantage and absolute advantage in global trade.
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4. Based on the information you have gathered, write a brief summary of what may happen to company sales over the next couple of years.
3. Return to the Bureau of Labor Statistics’ home page and use the Search feature to find trends in employment for the state of Illinois. Look around the website to see what other information is available. Plot the trend in manufacturing employment in Illinois over the last four years. On your
2. At the Bureau of Labor Statistics’ website ( www.bls.gov ) under Industries, click on Industries at a Glance to find the information about the manufacturing industry. What is the employment trend in manufacturing over the last four years (percentage change from preceding period)?
1. Go to the Bureau of Economic Analysis’s website ( www.bea.gov ) and locate the gross domestic product data. Compare the annual figure for the last four years. What do the figures indicate for the next couple of years?
5. Break into small groups. In your group discuss how the following changes have affected people’s purchasing behavior and attitudes toward the United States and its economy: the wars in Iraq and Afghanistan, the increased amount spent on homeland security, the government involvement in banking
4. Draw a line and mark one end “Free-Market Capitalism” and the other end“Central Planning.” Mark where on the line the United States is now.Explain why you marked the spot you chose. Students from other countries may want to do this exercise for their own countries and explain the
3. This exercise will help you understand socialism from different perspectives.Form three groups. Each group should adopt a different role in a socialist economy: one group will be the business owners, another group will be workers, and another will be government leaders. Within your group discuss
2. Show your understanding of the principles of supply and demand by looking at the oil market today. Why does the price of gas fluctuate so greatly?What will happen as more and more people in China and India decide to buy automobiles? What would happen if most U.S. consumers decided to drive
1. In teams, develop a list of the advantages of living in a capitalist society.Then develop lists headed “What are the disadvantages?” and “How could such disadvantages be minimized?” Describe why a poor person in a socialist country might reject capitalism and prefer a socialist state.
3. Many people say that businesspeople do not do enough for society. Some students choose to go into the public sector instead of business because they want to help others. However, businesspeople say that they do more to help others than nonprofit groups do because they provide jobs for people
2. Are there other public functions that might benefit from more competition, including competition from private firms?
1. Do you believe economic principles like competition apply in both private and public organizations? Be prepared to defend your answer.
6 Contrast fiscal policy and monetary policy, and explain how each affects the economy.
5 Describe the economic system of the United States, including the significance of key economic indicators (especially GDP), productivity, and the business cycle.
4 Analyze the trend toward mixed economies.
3 Compare socialism and communism.
2 Explain what capitalism is and how free markets work.
1 Explain basic economics.
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3. Do a Google search for "business blogs" and check out some of the avail- able results. Go to one of the blogs that seems interesting to you and write a brief paragraph about it-including such things as who sponsors it, who contributes the posts, and what other features it has and how it may help
1. Go to the National Taxpayers Union website (www.ntu.org) "Who Pays Income Taxes? See Who Pays What." Study the tables showing what per- cent of taxes the various income groups pay. Do you think that business- people pay their fair share? What percent of taxes does the top 1 percent of earners
5. Form into teams of four or five and discuss the technological and e-commerce revolutions. How many students now shop for goods and ser- vices online? What have been their experiences? What other high-tech equipment do they use (iPhones, iPads, laptops, etc.)?
4. Look through your local phone book to find five businesses that provide services in your area. List those businesses and, for each, describe how social trends might affect them in both positive and negative ways. Be pre- pared to explain your descriptions.
3. What indicates that you and other people in the United States have a high standard of living? What are some signs that maintaining such a high standard of living may have a negative impact on quality of life?
2. Imagine you are a local businessperson who has to deal with the issue of outsourcing. You want to begin with the facts. How many, if any, jobs have been lost to outsourcing in your area? Are there any foreign firms in your area that are creating jobs (insourcing)? You may want to use the
1. Poll the class and determine which students believe that climate change is primarily caused by humans and which believe that other factors, such as climate cycles or sun spots, are the primary cause. Discuss what students can do to minimize human effects on the environment regardless of the
3. How will you establish good relationships with your suppliers? With your employees?4. Do you see any conflict between your desire to be as profitable as possible and your desire to pay employees a living wage?
5 Analyze the effects of the economic environment and taxes on businesses.
4 Describe the effects of 4technology on businesses. technology on businesses.
2 Compare and contrast being an entrepreneur and working for others.
1 Describe the relationship 1 be between profit and risk, and show how businesses and nonprofit organizations can raise the standard of living for all.
1. 3. Does the restaurant industry seem like a stable option for aspiring entrepreneurs to pursue?
1. 2. What is the major challenge presented by Amazon and Uber to Grubhub’s business?
1. Go to one of the blogs that seems interesting to you and write a brief paragraph about it—including such things as who sponsors it, who contributes the posts, and what other features it has—and how it may help a student in an introductory business course.
1. 3. Do a Google search for “business blogs” and check out some of the available results.
1. 2. Go to the Census Bureau’s website (www.census.gov) and learn what the population of the United States is at this moment. While at the site, you may want to look up the population in your town or city. Explore what other data are available at this site.What trends seem most important to you
1. 1. Go to the National Taxpayers Union website (www.ntu.org). Search for “Who Pays Income Taxes?” Study the tables showing what percentage of taxes the various income groups pay. Do you think that everyone pays their fair share? What percentage of taxes does the top 1 percent of earners pay?
How do “Posh Parties” and “Posh Fest” help expand Poshmark’s business and build the loyalty of Poshmark customers?
How did iPhone 4 provide the boost Poshmark needed to expand its business model in the online market?

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Understanding Business 13th Edition William Nickels, Jim McHugh, Susan McHugh - Solutions

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