Clemson Business 1010 Exam with verified solutions already graded a+

*Importance and Utility of Syllabus single most important document for course; how to earn an "A", lays out the expectations, important dates, teacher contact info and other things that one needs to know to be successful in the class *Importance and Utility of Undergraduate Catalog AKA Undergraduate Announcements; has important information about class requirements, pre reqs needed for classes, the undergraduate calendar, what you need to do to graduate on time Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:00 Full screen *Academic Integrity - Information can be found in the undergraduate announcements on page 30. - Lying, cheating or stealing is not tolerated for any reason. - When someone is accused of cheating, the accuser must submit a write up describing what was done wrong and submit it to the dean of undergraduate studies - it is up to every person at Clemson (students and faculty) to enforce the academic integrity policy Academic dishonesty is considered any breach in the principles outlined in the Academic Integrity Statement. The catalog further identifies what three items or acts as academic dishonesty? - Giving, receiving, or using unauthorized aid, including the inappropriate use of electronic devices, on any work submitted to fulfill academic requirements - Plagiarism - Attempts to copy, edit, or delete computer files that belong to another person or use of computer accounts that belong to another person without the permission of the file owner or account owner If a student believes there is evidence that another student committed an act of academic dishonesty, what should they do? Contact the instructor in which the act of dishonesty has been committed *Transfer Course Equivalency TCEL= a tool to use that will allow you to see what courses from other schools, will transfer to Clemson and count for specific classes. *Transfer Course Requirements - Must fill out a "Request of Approval for Course to be taken Elsewhere" form - In order to gain credit, you must have a C or higher in the course to get the transfer credit - Courses taken at a 2 year institution will never count for 3,000- 4,000 level courses. *The College of Business Major and Course Fee - $106 per credit hour per semester for in-state students and $108 per credit hour per semester for out of state students (freshmen and sophomore business majors, non-business or part-time major taking 3000 or 4000 level business courses) - $1059 in state and $1087 for out of state (junior and senior business majors) -Funds major programs like student enrichment, student initiative within academic departments, and instructional support *Services provided by ASC Tutoring, Course Support, Peer Assisted Learning, Learning and Studying Strategies, Academic Goal Setting and Accountability, Success Skills and Strategies, Online Workshops *Benefits and importance of Utilizing the ASC higher GPA, better test grades, better time management skills and study habits etc. *The Study Cycle Preview (before class look over chapter and agenda) Attend (go to class) Review (after class, and each day for ten minutes --> this will prevent you from forgetting) Study (3-5 short study sessions per week and then one over the weekend) Asses (asses your learning and make sure that you feel comfortable about the material) *Products and services provided by the Student Enrichment - Resources for Major and Career Choices - Career Coaching - Resume and LinkedIn profile preparation - Internship & Job Placement - Professional Development (Career Preparation) - Mentoring (Tiger Ties) - Global Engagement *Benefits and Importance of Utilizing Student Enrichment -They can help find you internships which will make you more appealing to employers---> many different opportunities and ways to get involved *Benefits and Importance of Participating in Activities Beyond the Class - Jobs are not just focused on GPA - Being involved in extra curriculars allows you to demonstrate how you can juggle multiple responsibilities - also allows for networking *Business Ethics Definition -Business ethics is the application of ethical behavior in a business context. -Acting ethically in business means more than simply obeying applicable laws and regulations: -It also means being honest, doing no harm to others, competing fairly, and declining to put your own interests above those of your company, its owners, and its workers Ethical Dilemma A morally problematic situation Picking between two or more "right" decisions that are important to different groups A "right v. right" decision Steps to Solve Ethical Dilemma 1. Define the problem 2. Identify feasible options 3. Assess the effect of each option on stakeholders 4. Establish criteria for determining the most appropriate action 5. Select the best option based on the established criteria ethical dilemma vs. ethical decision right vs right = ethical dilemma and right vs wrong= ethical decision--> in the ethical decision, there is a right choice to make Steps to Avoid Ethical Lapse 1. is this action legal? 2. is it unfair to some parties? 3. If i take it, will i feel badly? 4. will i be ashamed to tell people who are close to me? 5. if it is written about in the newspaper, will i be embarrassed? Basic Categories of Ethical Situations bribe conflicts of interest conflicts of loyalty issues of honesty and integrity whistle-blowing Corporate Responsibility refers to the approach that an organization takes in balancing its responsibilities toward different stakeholders when making legal, economic, ethical, and social decisions. *What is the Academic Forgiveness Policy? allows a student enrolled beginning Fall 2013 to eliminate from the GPA calculation up to three courses in which a D or F was earned Which academically forgiven courses must be repeated at Clemson? Courses that are required for the major *What is the main importance of economics? helping society decide on the optimal allocation of our limited resources. The fundamental problem of economic is said to be scarcity - the idea that wants (demand) is greater than the resources we have. Frequently we face choices on: What to produce How to produce For whom to Produce What are two main problems that can be managed with economic policies? 1. inflation 2. unemployment While free markets are considered a better solution than a planned economy (Communism), free markets can lead to some problems. What are the three problems are cited 1. The over production of negative externalities (e.g. pollution) 2. The underproduction of goods with positive externalities (e.g. education, health care, public transport). 3. Non provision of Public Goods What does Gross Domestic Product measure? This is the fundamental measure of the size of an economy. This is conceptually equal to the sum of incomes of all people in the country What is the name of the policy central banks use to control short-term interest rates? monetary policy What is inflation? Inflation (measured in percent) is measure of how much a bunch of products have increased in price from last year What is an interest rate? When you loan money to somebody, you expect something extra in return. This excess is called the interest. Interest rate is a positive number that measures how much excess you will get. What skills are required to succeed in business analytics 1. Inquisitiveness 2. Interpretation skills 3. Understanding tools and methods 4. Detail Oriented 5. Quantitative Skills What is the core of entrepreneurship? a mind-set — a way of thinking and acting. It is about imagining new ways to solve problems and create value What are the tips for aspiring entrepreneurs? 1. Learn from others' failures 2. Make sure this is what you want 3. Solve problems 4. Be passionate 5. Get advice from those who have done it What is Human Resource Management? is the function within an organization that focuses on the recruitment of, management of, and providing direction for the people who work in an organization.