Questions for Review
1. What is meant by the preventive and reactive approaches to legal issues in a business
Preventive- requires a thorough evaluation of the risks associated with the businesss
activities in order to minimize their impact.
Business Law 1 - Midterm
Which document determines whether a government has the jurisdiction to
pass a law or not?
The Constitution Act
What is the source of the authority of municipal governments to make laws?
Law making jurisdiction is provide
On December 10, 2014, Sam Arthurs, aged 75 years, visited Bart Knowles, aged 80 years,
and although he had tried unsuccessfully previously to get Bart to sell his farm, got him on
this occasion to sell his farm. Sam gave Bart a cheque for $1,000 a
Questions for review:
1. What are some business law disputes that could arise from the operation of a fast-food
Legal issues, operational issues, machinery issues, company operations, improper
maintenance, accidental event
2. What is the goal
Ch.5 Questions for review:
1. What is a contract
An agreement between two parties that is enforceable in a court of law.
Is a deliberate and complete agreement between two or more competent persons, not
necessarily in writing, supported by mutual consider
Contract Scenario 1 Statute of Frauds
On December 10, 2014, Sam Arthurs, aged 75 years, visited Bart Knowles, aged 80
years, and although he had tried unsuccessfully previously to get Bart to sell his
farm, got him on this occasion to sell his farm. Sam g
1. What are the requirements for writing? explain
-sufficient documentation (both parties need to be mentioned)
-needs to have a signature
This is done so parties have some idea of what they are doing and so it cannot be created
2. Are minors
1. What is an offer? What is the distinction between an offer and an invitation to treat?
2. What does it mean to say that, an offer must be communicated to the offeree prior to
3. How is an offer terminated?
1. What consti
Chapter 11: Power, Influence, and Negotiation
Leadership and Power
- Leadership: Process of facilitating peoples behavior in a goal-oriented manner.
o The use of power and influence to direct the activities of followers towards goal
Chapter 6: Motivation
- A set of energetic forces that determine the direction, intensity, and persistence of
an employees work effort.
- Motivated employees simply move faster and longer than unmotivated employees.
- It involves effort, direc
Chapter 2: Job Performance
LO 2.1: What is a Job Performance
Job Performance: The value of the set of the employee behaviours that contribute,
either positively or negatively, to organizational goal accomplishment.
o Includes behaviours that are within
Chapter 10: Teams, Diversity, and Communication
Team: A group of two or more people who work interdependently over some time period to
accomplish common goals related to some task-oriented purpose.
TYPES OF TEAM
Work Teams: Purpose is to produce goods or
Chapter 12: Leadership Styles and Behaviours
LEADERSHIP STYLES AND BEHAVIOURS
Leadership: The use of power and influence to direct the activities of followers toward goal
That direction can affect followers interpretation of events, the orga
Chapter 1: Introduction To Organizational Behaviour
LO 1.1: Organizational Behaviour Defined
Field of study devoted to understanding, explaining, and ultimately improving the attitudes
and behaviours of individuals and groups in organizations.
Chapter 14: Organizational Culture and Change
Organizational Culture: The shared social knowledge within an organization regarding the
rules, norms, and values that shape the attitudes and behaviours of its employees.
Culture Strength: The degree to whic
Chapter 3: Organizational Commitment
LO 3.1: What is organizational commitment? What is withdrawal behaviour? How are the two
Organizational Commitment: An employees desire to remain a member of the
o Influences whether an emplo
Chapter 13: Organizational Structure
Organizational Structure: Formally dictates how jobs and tasks are divided and coordinated
between individuals and groups within the company.
Organizational Chart: A way of getting feel for an
Chapter 5: Stress
LO 5.1: What is Stress, and How is it different from stressors and strains?
Stress: A psychological response to demands when there is something at stake for the
individual, and when coping with these demands would tax or exceed the ind
Chapter 9: Personality, Cultural Values, and Ability
PERSONALITY: Structures and propensities inside people that explain their characteristic
patterns of thought, emotion, and behaviour.
o Creates peoples social reputations the way they are perceived by f
Chapter 4: Job Satisfaction
LO 4.1: What is job satisfaction?
Job Satisfaction: A pleasurable emotional state resulting from the appraisal of ones job
or job experiences; represents how a person feel and thinks about his or her job.
Employees with hig
1.Which stage of the organizational decision making process occurs when alternative courses of action are
considered and one alternative is selected and implemented?
a. Problem consensus stage
b. Problem identification stage
c. Problem solution stage
Running head: INTRODUTION TO BUSINESS
FalconStyle Business Plan
Group Members Names
INTRODUTION TO BUSINESS
Table of Contents
FalconStyle is a small business located in Saint John, New Brunswick, Canada. The
Report on Costcos Problems
Introduction of the Company
Costco is currently the largest enterprise in the United States running under a
membership-only system. As of 2015, Costco was listed as the second biggest retailer
worldwide after Walmart. The compan
Report on Costcos Card Transition Problems
Currently, Costco is the largest enterprise in the United States, running under a
membership-only system as of 2015.
The company has its headquarters
Chapter Twelve Overview
Chapter 12 describes the techniques and processes
(models) of decisionmaking in organizations.
Models indicate how organizational decisions can and
should be made.
Decision making by indiv
1. Poters Diamond of national competitive advantage.
2. Entry modes for international expansion:
Relatively inexpensive way to enter foreign market
Carry product lines that complement the multinationals pr
1- \Strategy Management and Strategic Management Process?
Directs the organization toward overall goals and objectives.
Includes multiple stakeholders in decision making
Incorporates short-term and long-term perspectives
Recognizes trade-offs between effi