Question 1.1 . ( TCO 1 ) The latest economic news is not very positive . Unemployment rates are higher than expected , consumer confidence has fallen , and companies are reporting layoffs are in order . The Federal Reserve chairman acknowledges the economy is in a recession . What actions might the federal government and the Federal Reserve take to give the economy a boost ? What are these policies called ? ( Points : 10 )
Question 2.2 . ( TCO 2 ) Identify and discuss the social responsibilities of Home Depot to three different stakeholder groups . ( Points : 15 )
Question 3.3 . ( TCO 3 ) Discuss the positive aspects of globalization , and contrast these with the negative aspects of globalization from the perspective of a small business . Be sure to address the pros and cons of outsourcing in your response . ( Points : 15 )
Question 4.4 . ( TCO 4 ) Identify and explain the incentives for entrepreneurship . Address why someone would willingly take the numerous risks associated with running a business . Also , discuss the major attributes necessary for a successful entrepreneur . ( Points : 15 )
Question 5.5 . ( TCO 5 ) Aside from retail sales and marketing , identify and discuss two ways that a business could reduce costs or increase profits by using the Internet or web applications .( Points : 15 )
Question 6.6 . ( TCO 8 ) Identify the four Ps of marketing , and give an example how each of the four Ps can be used to market your favorite product or service . ( Points : 15 )
Question 7.7 . ( TCO 7 ) Given the following companies — Boeing ( airliner manufacturer ) and Dell Computer ( computer manufacturer )— which facility layout would be the most suitable for each ? Justify your response . How would each company determine the