Bus 404 midterm 1 - Study guides, Class notes & Summaries

BUS 404 Stern Midterm 1 (Ch. 1-3) Actual Exam Questions | 100% Correct Answers | Verified 2024 Version The American financial community's near collapse in late 2008 had been most directly ignited by the subprime mortgage-crisis - True Capitalism in American was built on the strong philosophical foundation of personal freedom and private property rights - True Democratic capitalism and state capitalism trade with each other for mutual advantage but are economic and political rivals - Tru...

The American financial community's near collapse in late 2008 had been most directly ignited by the subprime mortgage-crisis - True Capitalism in American was built on the strong philosophical foundation of personal freedom and private property rights - True Democratic capitalism and state capitalism trade with each other for mutual advantage but are economic and political rivals - True Capitalism features economic cooperation and varying degrees of centralized control - False The term c...

Which of the following statement's is true of lobbying in the United States? - D: It is an essential ingredient in big business strategy Which of the following is an argument put forth by the liberal wing of the Supreme Court in the Citizens United case? - B: Limiting corporate campaign contributions would violate corporate free speech rights The 501(c) 4 groups are particularly attractive because: - A: Contributors' names need not be disclosed Free markets are more efficient decision m...

The American financial community's near collapse in late 2008 had been most directly ignited by the subprime mortgage-crisis - True Capitalism in American was built on the strong philosophical foundation of personal freedom and private property rights - True Democratic capitalism and state capitalism trade with each other for mutual advantage but are economic and political rivals - True Capitalism features economic cooperation and varying degrees of centralized control - False The term c...

2 ethical frameworks - 1. formalism - affirms an absolute morality. A particular act is in itself right or wrong 2. consequentialism - moral consequences of actions rather than with the morality of the actions themselves 3 types of property - 1. public property - public resources that belong to the government (ie. roads, public buildings, public lands, and monuments) 2. private property - resources that you own as an individual 3. common property - applies to resources like land that m...