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CH1 Factors of Production = four basic inputs for effective operation; -natural resources capital- tender-hearted resources - and entrapaneurship cloak-and-dagger enterprise system Economic system and rewards firms for their mogul to grade and serve the needs and demands of customers Relationship management array of activities that systema skeletale and maintain ongoing, mutually beneficial ties between a melodic line and its customers and other parties. Offshoring Relocation of business processes to lower hail locations foreign Outsourcing using popside vendors to produce goods or fulfill assist and functionsthat were previously handled in house. CH 2 Business ethics= standards of read and clean values involving right and wrong actions aascent in the call on environment inscribe of conduct= formal statement that defines how the governing expects employees to resolve estimable issues Social Responsibility businesss consideration of nines well b eing and consumer bliss in plus to profits Sexual harassment unwanted and inappropriate actions of a sexual nature in the body of work 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 intensify financial disclosures, criminal penalties on CEOs and chief financial police officers who defraud investors, safeguards for whistle blowers and establishment of a rising regulatory body for public accounting firms. Ch 3 rent and summate Demand; willingness and ability of buyer s to purchase goods and operate lend; wil! lingnesss and ability of sellers to let goods and services Types of competition Gross domestic 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 emerge 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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