1. Companies usually employ staff to work in various functional areas of the business. There are people working in operations, accounting, human resources, marketing, etc.Imagine that you are tasked to create a one-paragraph code of ethics for the marketing department at your company.What will you write?2.A variety of companies, large and small, choose to market their services to the government. Imagine that you are a small or medium-sized company seeking to do business with the government.Research the process that you would have to go through in order to acquire a contract with the Department of State of the US federal government. Who would you have to speak with and what are the steps to make your company’s offerings appealing to your client?3. presented by this assignment, a variety of foreign manufacturers have begun to export steel to the US at much lower prices.In a debate with other marketing and economics professionals, outline and present your best arguments in favor of economic protectionism.Then, anticipate and present your opponent’s best arguments, in support of free trade in steel in a global context.4. Effective decision makers develop specific measures of success, which are criteria or standards used in evaluating proposed solutions to the problem.In your opinion, what kinds of measures of success do marketers use to evaluate their work?5. In your own words, what is the difference between the demographic and behavioral bases of market segmentation?
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- Suppose you are a director of a scholarship program “Federal Student Aid” that provides funded scholarships to intelligent yet needy students. Recently, you received an application from Hamza Iftikhar, a student who is desirous of getting financial assistance. Unfortunately, he could not qualify for the scholarship. Write a rejection letter stating reasons and suggesting alternatives to maintain goodwill.arrow_forwardDiscuss the biblical principles you see exemplified in the U.S. Constitution and how these principles can be applied to business. Be specific, using examples to illustrate your points. Proverbs 21:15, Isaiah 45:5, and Genesis 1:1-22arrow_forward1. Describe the bargaining power of buyers in the automotive manufacturing industry. How many different companies or consumer groups buy the engines your company currently builds for the automotive manufacturing industry? If there are only a few customers, are they able to push to lower the price of the products? If there are many customers, are there any organizations that enable the customers to band together and apply pressure to reduce the costs of your products?arrow_forward
- How does the application of intellectual property (IP) rights influence economic growth in everyday life? ensures that inventors reduce their production capacity. It ensures that inventors reduce their production capacity. It ensures that inventors maximize their profits. It ensures that inventors maximize their profits. It ensures that innovators ideas, services, and/or products are not protected. It ensures that innovators ideas, services, and/or products are not protected. It ensures that inventors sell their products cheap.arrow_forwardSomeone who suggests that a policy or practice that is effective at one company will also be successful if used by other companies is an advocate of "best practices"arrow_forwardAssume you are the chief executive officer (CEO) of a large technology-intensive hospital in a community of 200,000 people that includes two other smaller community hospitals and a wide range of physicians and other providers working in private practice. Currently, you are paid by Medicare—the federal insurance program for the elderly—for a fixed amount for every admission to your hospital and based on the severity of the patient’s needs. Physicians and other providers in your community are paid fee-for-service. The federal government has just made an offer to your community that it form an accountable care organization (ACO) that could accept a capitated annual payment for each person eligible for Medicare. How would you go about deciding whether to accept that offer? Would you want to lead that ACO or just be a part of it? Why? Would you argue against accepting the federal offer? Why or why not? How might you change the way care currently is organized in your community, given the…arrow_forward
- Subject:- Accountarrow_forwardRead and understand the topic below and write your understanding and learnings of the topics. W-i-t-h-h-o-l-d-i-n-g- -T-a-x-e-s A systematic way of collecting taxes at source, an indispensable method of collecting taxes to ensure adequate revenue for the government. The withholding tax agent who is usually an employer or a person from whom the income is derived does this process through withholding the appropriate amount of taxes from taxpayers. It is designed to ensure the collection at source of income taxes. If w-i-t-h-h-o-l-d-i-n-g- -t-a-x is not withheld from income payments, there will be a disallowance of deductible business expenses claimed by the withholding agent in his income tax return or a penalty imposed on the w-i-t-h-h-o-l-d-i-n-g- -t-a-x agent for failure to withhold the tax. F-i-n-a-l- -W-i-t-h-h-o-l-d-i-n-g- -T-a-x Under the f-i-n-a-l- -w-i-t-h-h-o-l-d-i-n-g- -t-a-x- -s-y-s-t-e-m, the amount of income tax withheld by the withholding agent is constituted as a…arrow_forwardDecide what is the most ethical way for the company to proceed: Here are some questions to get you thinking about it: Why is your decision the most ethical way for the company? For whom in the company is it most ethical? How do you know it is the most ethical? Discuss your answer in your best writing, within 150-250 words. A company runs a large technical support office. At any time, about 50 technical support specialists are on duty, answering phone calls from customers. The company is considering paying the technical support specialists based on two criteria: the average number of phone calls they answer per hour and the results of occasional customer satisfaction surveys.arrow_forward
- Explain how the use of the internet has improved a certain company operation. Could you provide an example and assess its potential for profit?arrow_forward6. Do you support the proposed Internet Gambling Regulation, Consumer Protection, and Enforcement Act? Why or why not?arrow_forwardHow can you ensure that your business complies with tax laws and regulations? What are the potential consequences of failing to pay taxes or filing inaccurate tax returns?arrow_forward
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