GBL 395 Exam 1 Topics: Multiple Choice & Short Answer
Jurisdiction: Means Authority/Power. ALWAYS ASK: What is the source of the
authority? (State or National) Concurrent Jurisdiction means both federal and state law is
impacted by the act committed. Unde
General Exam Topics Exam 3
someone who engages in business alone, and has not taken any steps in engaging in
the business in a formalized manner
engaged in business INDIVIDUALLY, do not take steps to formalize
GBL Exam 1 Review Topics (Spring 2011)
When a specific case will have a law created after it.
Shows that the whole point of court cases and a jury is to determine facts; what should
be considered right and wrong
When a certain case comes in an
GBL 395 Exam 2 Topics
Property Law: Ways we could voluntarily transfer ownership of real property
- Consists of Real Property and Personal Property
- Real Property: Land or permanent fixture to it (not movable)
- Personal Property: Anything of value that
ITM Exam Three
Dell Case and Discussion:
One of the largest PC manufacturers
Largest DIRECT PC manufacturer
o Sells directly to customers, bypassing retailers and passes on the savings
o Brick & mortar
Less inventory and faster deliveries than its comp
The Globalization Debate
Dr. Sarah Singer
Assistant Director, Intl
January 21, 2014
IB Knowledge Check
Which of these should you avoid
when you are meeting a business
associate for the first time in
Initially using first names
Establishing direct eye contact
Asking about f
THOUGHTS ON BUSINESS
Did you expect a corporation to have a conscience,
when it has no soul to be damned
and no body to be kicked?
The business of America - is business.
"A man between two lawyers
. . . is like a fish between two cats."
"The nice thing about being a celebrity is
that if you bore people
. . . they think it's their fault."
"He was a great patriot,
A LITTLE LAWYER BASHING TO
START THE DAY
In a cemetery three men a contractor, doctor and
lawyer gather with the widow of their friend to bid
The widow asks that each place a small token of their
affection in the coffin to bid their pal goodb
ON THE LAW
Laws and institutions must go hand in hand with the
progress of the human mind . . .
We might as well require a man to wear the coat that
fitted the boy,
as civilized society to remain ever under the regime of
THOUGHTS ON PROPERTY
Laws are always useful to persons of property,
and hurtful to those who have none.
The Social Contract 1761
Philosopher to the Founding Fathers
But the most common and durable source of friction
has been various
FIFTH AMENDMENT TAKINGS CLAUSE
The Fifth Amendment contains the "takings clause:"
" . . . nor shall private property be taken for public
use, without just compensation."
The due process clause and the takings clause do
apply to corporations!
THOUGHS ON THE LAW
[Law] liberates the desire to build
and subdues the desire to destroy.
And if war can tear us apart,
law can unite usout of fear,
or all three.
Law is the greatest human invention.
All the rest give man mastery over
A LITTLE WISDOM
"If one man says youre a donkey,
if two say so,
and if three say so,
get a saddle."
Midrash, Genesis Rabba
"A formal inquiry designed to prove and put
on the record
the blameless characters of
Flexible Budget Performance Report
For the Month Ended June 30
Direct labor wages
Integrative Studies in Biological Science Laboratory
ISB 208L section 731
Instructor: Osvaldo Hernandez
READ THIS INFORMATION CAREFULLY. YOU ARE RESPONSIBLE FOR
ALL INFORMATION AND INSTRUCTIONS IN THIS HANDOUT.
Chapter 10 Motivation, Personality, and Emotion
Multiple Choice Questions
1. One factor motivating U.K. travelers is status. Which of Maslow's needs is this most
CHAPTER 13 PRACTICE QUESTIONS
1. The law with the greatest effect on employee pay regulating wages and hours is
a. The Fair Labor Standards Act
b. The Federal Wage and Hour Act
c. The Consolidated Omnibus Budget Reconciliation Act
d. 1985The Occupational
Smith and Brown have formed a partnership without a
partnership agreement. Brown contributed eighty percent of the
partnership capital and does eighty percent of the work.
the partnership earns of
A principal is not liable to a third party for any
contract made by the agent acting outside the scope of his
or her authority.
Traders, Inc. hires Bennett to act as its agent to
1. Browns car broke down and he called AA Towing, Inc., to
tow it from its location to a repair shop. There is no
discussion of a price, and Brown and AA do not sign any
documents. After the tow, AA sends Brown a
THE LAW OF TORTS
The primary goals of tort law are described by all of the following EXCEPT for:
a. Compensating innocent persons who are injured as a result of anothers
wrongful or negligent conduct
b. Incarcerating offend
GBL EXAM 3 REVIEW
In a crime, your guilty. In civil trial, your liable
Tort: any civil wrong other than breach of contract
Tort feasor: the person that commits the tort
o Ex. Michael Jacksons doctor
o Civil plantiffs pay conting
Ethics, Sustainability and Corporate Social Responsibility:
What is the Purpose of Business?
The Role of Ethics?
Whose Side Are You On? (Is one of these concepts more sustainable than the other?)
Business Makes Profit
Systems and Technology
Course Introduction and
How to Succeed with ITM 309
Dr. Frederick Rodammer
Michigan State University
Eli Broad College of Business
August 28, 2013
IT in Business
Its a reality, as
Overview of Course
Department of Supply Chain Management
Each student is expected to sign up
for and attend 2 unique laboratory
Arena Simulation Practice
Michigan State University
ITM 309 Fall 2013
Business Processes: Arena Tutorial and
In-Class Practice Activities I
Recitation #2: Arena Tutorial Sept. 4/5
The purpose of this tutorial is to provide a practical and concise overview