Test 1 Review
Chapter 1 Review
1. What are the 3 basic organizational sectors, their goals, and funding?
Public serves the common wealth tax revenues, fees, donations, volunteers
Commercial profit oriented, market driven sales
Non-profit focused o
Test 2 Review
Chp 4 9
Chapter 4: Business Ethics
1) What are the 5 ethical systems?
Universalism: all people should uphold certain values that society needs to function.
Egoism: individual self-interest is the actual motive of all conscious action
410 TEST 3 REVIEW
1. Explain the managerial control function.
Directs activities towards achievement of org goals
Mgrs form plans/strategies, must ensure plans are carried out
o make sure other people are doing what needs to be done