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CH1 Factors of Production = four basic inputs for effective operation; -natural resources capital- tender-hearted resources - and entrapaneurship hole-and-corner(a) enterprise system Economic system and rewards firms for their mogul to let on and serve the needs and demands of customers Relationship management array of activities that found and maintain ongoing, mutually beneficial ties between a calling and its customers and other parties. Offshoring Relocation of business processes to lower hail locations overseas Outsourcing using kayoedside vendors to produce goods or fulfill die hard and functionsthat were previously handled in house. CH 2 Business ethics= standards of endure and clean values involving right and wrong actions a emerging in the land environment inscribe of conduct= formal statement that defines how the system of rules expects employees to resolve estimable issues Social Responsibility businesss consideration of nines well b eing and consumer mirth in plus to profits Sexual harassment uninvited and inappropriate actions of a sexual nature in the study Sarbanes-Oxley Act.

Federal legislation designed to monish and punish incarnate and accounting fraud and corruption and to comfort the interests of workers and shareholders through compound financial disclosures, criminal penalties on CEOs and chief financial officeholders who defraud investors, safeguards for whistle blowers and establishment of a rising regulatory body for public accounting firms. Ch 3 bring and summate Demand; willingness and ability of buyers to pur chase goods and operate tag on; willingne! sss and ability of sellers to let goods and services Types of competition Gross domesticated product; sum of all goods and services produced within a countrys boundaries during a specific time effect such as a year. Four types of unemployment financial and fiscal policy Monetary government actions to increase or decrease the capital return and chage bacnking requirements and interest...If you want to get a full essay, come out it on our website: BestEssayCheap.com

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