Liamxavier

Environmental economics - -application of the principles of economics to the study of how scarce environmental resources are allocated by individuals and society. -Failure and successes of incentive based policies - -Tough mexican clean air act and Corporate average fuel economy charge per trash bag -postitive economics - -describes what is -no

Which of the following is most likely true about corporate governance? a) It seeks to mitigate conflicting interests between insiders and external shareholders. b) It is similar across most countries. c) It considers neither the shareholder theory nor the stakeholder theory. - -Which of the following is most likely true about corporate governance?

sourcing - -all of firm's activities used to manage external resources -strategic sourcing - -managing the firm's external resources to support firm's long term goals -Drivers of Strategic Sourcing - -Reduce costs and delivery cycle times Improve quality and long-term financial performance Increased number of global competitors Increased custome

Pre-incorporation contract - -A written agreement concluded on behalf of a company before its formation with the intention that the company will be bound by it -Ring-fenced company - -A company that has an express limitation on its capacity -A share - -One of the units into which the propriety interest in a profit company is divided -Ultra vires

cash purchase of office supplies - -increase one asset and decrease another asset --owner withdrew cash from the business - -decrease an asset and decrease equity --paid cash on accounts payable - -decrease asset and decrease liability --made a cash sale for services - -increase an asset and increase equity --borrowed money from the bank - -inc

Specialization - -when countries produce the things they do best in exchange for the things that other people do best -Exports - -Goods and services that a country produces and sells to other nations -Imports - -Good and services that a country buys from another country -Absolute Advantage - -When a country produces more of a product than anothe

A computer program that is installed on the hard drive of a personal computer and that requires a computer operating system such as Microsoft Windows or Apple OSX to run. - -Desktop app -A sequence of folders (directories) that leads to a specific file or folder. - -Path -An operating system developed by Microsoft Corporation. - -Windows 10 -A c

Economic Liberalism - -approach that generally shares the assumption of anarchy but does not see this condition as precluding extensive. Cooperation to realize common gains from economic exchanges. Emphasizes absolute over relative gains and in practice, a commitment to free trade, free capital flows and an open world economy -Free Trade - -the fl

when one part to a transaction knows more than another, the situation is one of - -asymmetric information -when people or firms that are worse than average risks are most likely to enter a contract that is offered to everyone, the problem is called - -adverse selection -a bank offers credit cards with a 25% interest rate, when its competitors' ca

Assets are things that are useful or things that have value. T or F. - -True -One of the most important prices determined in financial markets is the __________________ rate. - -interest -When a coffee shop lists a tall coffee on its menu at $2.95, the coffee shop is using money as a - -unit of account -Mandy goes to the grocery store to buy gro