BUSN 115 STUDY Extraordinary Success /busn115study.com BUSN 115 STUDY Extraordinary Success /busn115study | Page 6

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 location of its facilities? List the specific needs and requirements
of each company when determining location. (Points : 15)