Questions from General Business


Q: Identify businesses or industries in your country that demonstrate the characteristics of

Identify businesses or industries in your country that demonstrate the characteristics of perfect competition, monopolistic competition, oligopoly, and monopoly. To what extent does the government get...

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Q: What does the balance of trade tell you about a country’s ability

What does the balance of trade tell you about a country’s ability to produce goods and services that can be consumed by the domestic market?

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Q: Interview the manager of a local service business, such as a

Interview the manager of a local service business, such as a restaurant or hair salon. Identify the major decisions involved in planning that business’s service operations.

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Q: If you were a customer, what would you hope that the

If you were a customer, what would you hope that the company would do? Would your answer be different if you were an investor or stockholder?

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Q: Compared to Takata, how might the car manufacturers view the problem

Compared to Takata, how might the car manufacturers view the problem, and what would their approach to arriving at a solution be?

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Q: Takata had an 85-year history of successful innovation and manufacture

Takata had an 85-year history of successful innovation and manufacture. Are all businesses one mistake way from catastrophe?

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Q: Why should Takata have put TQM at the center of their production

Why should Takata have put TQM at the center of their production and operations?

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Q: What are the underlying ethical issues in this situation?

What are the underlying ethical issues in this situation?

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Q: From an ethical standpoint, what is an appropriate response to the

From an ethical standpoint, what is an appropriate response to the customer’s question? What steps should you take in responding to it? Explain.

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Q: What would you say on the phone at this time to this

What would you say on the phone at this time to this customer?

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