Mba 530 - Study guides, Class notes & Summaries

WSU MBA 5300 REVIEW PRACTICE QUESTIONS 2024. Businesses can be classified into the following forms: a proprietorship, a partnership, a corporation, a limited liability company (LLC), and a limited liability partnership (LLP). Different forms of businesses have different characteristics. Which of the following characteristics would apply to a corporation? Check all that apply. - CORRECT ANSWER Chartered by a state and is its own entity separate from its owners Owners have limited liabi...

MBA 5300 Ethics & CSR Final UPDATED Exam Questions and CORRECT Answers Difference between Law and Ethics - CORRECT ANSWER- Ethics is expected behavior, law must be obeyed Law - CORRECT ANSWER- A system of principles and rules of human conduct "Rules of the game" Ethics - CORRECT ANSWER- Externally imposed guidelines for behavior that is considered right or wrong. Includes an individual's, organization's, or profession's code of ethics

Explain the difference between law and ethics correct answers Laws: A system of principles and rules of human conduct. In a business setting, law represents the "rules of the game," the framework for business operations and decision making. Legal compliance is risk management. Ethics: Externally imposed guidelines for behavior that is considered right or wrong. This includes an individual's, an organization's, or a profession's (e.g., attorneys, physicians, accountants) code of ethics. ...

MBA 5300 Final Exam || Questions & Answers (100% Verified) MBA 5300 Final Exam || Questions & Answers (100% Verified) Law - ANSWER - A system of principles and rules of human conduct. In a business setting, law represents "rules of the game", the framework for business operations and decision making ------- are generally based on ------ but they are not the same thing. - ANSWER - Ethics, Moral Principles Ethics - ANSWER - Externally imposed guidelines for behavior that is considered ...

Law correct answers A system of principles and rules of human conduct. In a business setting, law represents "rules of the game", the framework for business operations and decision making ------- are generally based on ------ but they are not the same thing. correct answers Ethics, Moral Principles Ethics correct answers Externally imposed guidelines for behavior that is considered right or wrong. Includes an individual's, an org's, or a profession's (attorneys, physicians, accountant...

MBA 5300 – Final UPDATED Exam Questions and CORRECT Answers Law - CORRECT ANSWER- A system of principles and rules of human conduct. In a business setting, law represents "rules of the game", the framework for business operations and decision making ------- are generally based on ------ but they are not the same thing. - CORRECT ANSWER- Ethics, Moral Principles

WSU MBA 5300 Exam (2023) || Questions & Answers (Graded A+) WSU MBA 5300 Exam (2023) || Questions & Answers (Graded A+) Businesses can be classified into the following forms: a proprietorship, a partnership, a corporation, a limited liability company (LLC), and a limited liability partnership (LLP). Different forms of businesses have different characteristics. Which of the following characteristics would apply to a corporation? Check all that apply. - ANSWER - Chartered by a state and is ...

Is published once a year and provides stockholders with details about the company's performance and financial condition. correct answers Annual Report Accounts for all revenues and expenses over an accounting period. correct answers Income Statement Summarizes a company's assets, liabilities, and stockholders' equity at a specific point in time. correct answers Balance Sheet Aggregates all cash inflows, which the company receives from its ongoing activities and investment sources, an...

Law correct answers A system of principles and rules of human conduct "The rules of the game" Risk Management Ethics correct answers Externally imposed guidelines for behavior that is considered right or wrong. Example of behavior that is legal but unethical correct answers Example of why going beyond legal compliance towards ethical compliance may produce value correct answers Moral Absolutism correct answers Belief in absolute standards of right and wrong behavior regardless of...

Businesses can be classified into the following forms: a proprietorship, a partnership, a corporation, a limited liability company (LLC), and a limited liability partnership (LLP). Different forms of businesses have different characteristics. Which of the following characteristics would apply to a corporation? Check all that apply. correct answers Chartered by a state and is its own entity separate from its owners Owners have limited liability Has unlimited life Easier to transfer ow...