BUSN 115 Introductions to Business & Technology Complete Course

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BUSN 115 Introductions to Business and Technology Complete Course

Week 1

BUSN 115 Week 1 DQ 1: In What Manner is Wal-Mart Influencing America? (Graded)

Perform an Internet search on, “Is Wal-Mart Good for America?” Read the introduction and the interviews sections of the PBS special. You can also visit Wal-Mart’s website via the course Webliography. Then let’s discuss in what manner Wal-Mart is influencing America.

  • Do Wal-Mart’s business practices raise or lower our standard of living? How? Why do you think this is so?
  • Is Wal-Mart’s business strategy fair and equitable to all parties? Why or why not?

BUSN 115 Week 1 DQ 2: Can Social Entrepreneurship Succeed? (Graded)

It is generally understood that social entrepreneurs are people with creative and innovative solutions for society’s problems. They are possessed by their ideas and are committed to changing society for the better. Perform an Internet search to read more about social entrepreneurs at the Skoll Foundation’s website. What are the risks for a social entrepreneur? Why? What are the benefits for a social entrepreneur? Why? What are the similarities and differences between business entrepreneurs and social entrepreneurs? 

BUSN 115 Week 1 Homework:

  • Prepare a two- to three-page paper in APA style, sixth edition format, that describes, explains, addresses, and answers the following questions or statements.
  • Which economic system is best suited for handling a crisis of epic proportions (hurricane, flood, blizzard, forest fire, etc.)? Why? (9 points)
  • Describe and explain why a socialist system might be the best in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January 2010. (9 points)
  • Use the laws of supply and demand to explain why the cost to heat our homes and businesses goes up in the winter time. Be sure to explain your answer fully. (9 points)
  • Include APA style in-text citations, as well as a reference section. (3 points)  

Week 2:

BUSN 115 Week 2 DQ 1 : International Trade or Stay Close to Home? (Graded)

Most of the world’s population lives outside the United States. However, many U.S. companies, especially small businesses, still do not engage in international trade. Why do you think this is the case? If you were a small business owner, would you want to engage in international trade? Why? Why not? What impact would your endeavors in international trade have on your business? Why?

BUSN 115 Week 2 DQ 2 : Industrialized Versus Developing (Graded)

The United States is considered to be an industrialized nation because we have such a high standard of living. Countries with lower standards of living are considered to be emerging or developing nations. What factors prevent developing countries from becoming developed? Why? What are the responsibilities of industrialized nations to developing nations in this regard? Why? What are the responsibilities of businesses in industrialized nations to businesses in developing nations? Are there any? Why? Why not?

BUSN 115 Quiz Week 2 :

(TCO 1) A partnership in which two more companies (sometimes from different countries) join to undertake a major project is called _____.

(TCO 3) A global strategy in which a licensor allows a licensee to produce its product in exchange for a royalty is

(TCO 3) The value of one nations currency relative to the currencies of other countries is known as _____.

BUSN 115  Week 2 Homework:

  • Prepare a two- to three-page paper in APA style, sixth edition format that describes, explains, addresses, and answers the following questions or statements.
  • What cultural factors must U.S. sports franchises overcome to increase popularity abroad? Why? (9 points)
  • How can franchises ensure their products are appropriate for international markets? (9 points)
  • Should governments protect their industries by placing tariffs on imported products? Why? Why not? (9 points)
  • Include APA-style in-text citations as well as a reference section. (3 points)

Week 3:

BUSN 115 Week 3 DQ 1 : Socially Responsible (Graded)

Will there ever be a single set of international rules governing multinational companies? Why? Why not? In what way are United States businesses demanding socially responsible behavior from their international suppliers? Why is this important to discuss?

BUSN 115 Week 3 DQ 2 (Graded)

An acquaintance of yours in your class has just asked you if he or she could copy a paper you wrote for another instructor last semester. Chances seem good that last semesters instructor and your current course instructor dont talk with one another much. Given that, what are your alternatives? What are the consequences of each? Would this situation have been easier to resolve if you had asked yourself the three ethical test questions listed in this weeks assigned chapter? Why? Why not?

BUSN 115 Quiz Week 3:

  • (TCO 2) What is a document that protects a creators rights to materials such as books, articles, photos, paintings, and cartoons?
  • (TCO 2) Legal procedures initiated by a debtor who are unable to meet their financial obligations is called _____.
  • (TCO 2) The dimension of social responsibility that includes charitable donations is

BUSN 115 Week 3 Lessons from a Lemonade Stand Assignment:


You have decided to open a lemonade stand in your local neighborhood.You have grand plans for this stand and expect to attract many customers.In part I of this assignment, you will develop the basic premise of your new company.Please answer the following questions, utilizing the textbook, to ensure you apply the lesson we have learned in the previous weeks.

Develop a creative name for your Lemonade Stand, and then explain why a name is important when you are considering branding options?

Create a Mission Statement for your Lemonade Stand (Chapter 7), then explain why a mission statement is important for any company?

BUSN 115 Week 3 Research Paper:

The United States has several laws that are intended to further fair, balanced, and competitive business practices. Do you think that such laws are effective? If so, why? If not, why not? Be sure to provide evidence to support your position one way or the other. Using the course shell, access the DeVry University library to research this topic a bit further. In addition, access the http://www.ftc.gov website for additional information and resources.

Week 4:

BUSN 115 Week 4 DQ 1 : Ethical Considerations (Graded)

You’re thinking about starting your own chain of upscale, drive-through espresso stands. You have several ideal sites in mind, and you’ve analyzed the industry and all the important statistics. You have financial backing, and you really understand the coffee market. In fact, you’ve become a regular at a competitor’s operation for over a month. The owner thinks you’re his best customer. He even wants to name a sandwich creation after you. But you’re not there because you love the espresso. No, you’re actually spying. You’re learning everything you can about the competition so you can outsmart them. Is this behavior ethical? Explain your answer.

BUSN 115 Week 4 DQ 2 : A Small Business and Social Media (Graded)

You are the owner of a small business that provides repair services to various brands of vacuum cleaner units. Your store is independent in that you aren’t affiliated with a particular brand of vacuum cleaner. Based on your education and your newly earned undergraduate degree from DeVry University (but, of course), you’re considering expanding your marketing efforts by using social media.

BUSN 115 Quiz Week 4 :

Question 1. 1. (TCO 3) Which of the following is an example of a lifestyle business? (Points : 5)

Question 2. 2. (TCO 3) Which of the following is true regarding high-growth ventures? (Points : 5)

Question 3. 3. (TCO 3) Small companies tend to differ from large ones because _____. (Points : 5)

Question 4. 4. (TCO 3) _____ are expensive organizational products with a long useful life. (Points : 5)

Question 5. 5. (TCO 3) Absco computers introduced a low-cost, cloud-based storage service. The company adopted unit-based pricing for the product and many small businesses found the product to be very effective in reducing their storage costs. The sale of the product has increased swiftly in recent months and is at an all-time high. The product is presently in the _____ stage of product lifecycle. (Points : 5)



BUSN 115 Midterm Study Guide:

  • Define importing and exporting.
  • Explain free trade.
  • Explain the difference between absolute advantage and comparative advantage.
  • Explain business, goods, services, and revenue.
  • Define and explain entrepreneurship.
  • Explain economics and resource development.
  • Summarize Adam Smiths theory.
  • Define and explain the various forms of business organization to include partnerships, franchising, and corporations.
  • Define and explain international and global marketing.
  • Explain the major concepts related to a small business startup to include business plans, venture capitalists, the SBA, the SBIC, and SCORE
  • Know the elements of a business plan.
  • Explain acquisition, LBO, and LLP.
  • Explain corporate policy and corporate responsibility.
  • Describe corporate social initiatives.
  • Define ethics.
  • Define CSR.
  • Describe insider trading.
  • Explain various interested stakeholders.
  • List and explain the steps to be considered when determining the ethics of an action.
  • Explain the differences between compliance- and integrity-based ethics codes.
  • Define balance of payments and balance of trade.


BUSN 115 Midterm Exam Week 4 :

Question 1.1. (TCO 1) The amount of money a business takes in during a given time period by selling goods and/or selling services. (Points : 5)

Question 2.2. (TCO 1) That part of economics that studies the operations of a nations economy as a whole. (Points : 5)

Question 3.3. (TCO 1) That part of economics that studies the behavior of people and organizations in particular markets. (Points : 5)

Question 4.4. (TCO 2) An unethical activity in which insiders use private company information to further their own fortunes or those of their family and friends. (Points : 5)

Question 5.5. (TCO 3) A complete ban on the import or export of a certain product, or the stopping of all trade with a country. (Points : 5)

Question 6.6. (TCO 3) An unfavorable balance of trade occurs when the value of a countrys imports exceeds that of its exports. (Points : 5)

Question 7.7. (TCO 4) Investors who provide money to finance new businesses or turnarounds in exchange for a portion of ownership, with the objective of reselling the business at a proft.(Points : 5)


Week 5:

BUSN 115 Week 5 DQ 1 : Communication: In a Promotional Way, of Course (Graded)

What kinds of problems can emerge if a firm doesn’t communicate with environmentalists, the news media, and the local community? Why? Do you know of any firms that aren’t responsive to your community? If so, describe the firm and tell us why it isn’t responsive. What are the consequences if a firm chooses to ignore such stakeholder groups?

BUSN 115 Week 5 DQ 2 : Blogs, Podcasts, and Social Media: Oh My! (graded)

How have blogging, podcasting, and social media affected other media you use, like news sites, newspapers (either printed or online versions of the printed papers), or television? Do you think blogging is an influential word-of-mouth promotional tool? Why? Why not? Do you read newspapers now? If so, which ones? Why?

BUSN 115 Quiz Week 5:

(TCO 5) A whole set of marketing intermediaries that join together to transport and store goods in their path from producers to consumers is

(TCO 9) Promotional methodology in which heavy advertising and sales promotion efforts are directed toward consumers so that they will request the products from retailers is called _____.

(TCO 8) Describes a type of distribution system.

BUSN 115 Lemonade Stand Part 2 Week 5 :

In part II of this assignment, we continue to outline various business aspects of our lemonade stand. As you continue to learn new concepts in this course, you have seen how a lemonade stand can help us understand and apply these concepts. In Part II of your lemonade stand we will incorporate concepts from previous weeks and apply these to your newly created company.


BUSN 115 Week 5 Research Paper:

  • Many people shy away from careers in selling, often because they think they are not outgoing enough or because salespeople are dishonest or pushy. In this weekly research paper, describe your most memorable experience with a salesperson that was positive and made you feel comfortable. Then in the next section, describe an experience with a salesperson that was unpleasant and made you feel uncomfortable. In comparing the two experiences, answer the following questions. In reflecting on the positive experience, what one thing about the experience made you feel good about it?

Week 6 :

BUSN 115 Week 6 DQ 1 : What!? Me!? A Manager!? (Graded)

A number of learners in our business programs aspire to a management position within their organizations. In some cases, the aspiration includes that of a senior leadership position within the organization. Maybe you have contemplated such ideas. Maybe you should contemplate such ideas. Given this information, discuss with your colleagues management, promotions, and leadership in either your current organization or maybe a new organization that you might consider working for.


BUSN 115 Week 6 DQ 2 : Workers and Robots: Fair and Equitable? (Graded)

It seems that robots and other machines are replacing workers in a manufacturing facility. On one hand, this allows companies to compete with relatively inexpensive labor from other countries. On the other hand, automation eliminates many jobs. With your course colleagues, discuss this situation. Here are some questions to help start the discussion.

BUSN 115 Quiz Week 6:

  • Question 1.1. (TCO 6) A brief articulation of the principles that guide a companys decisions and behaviors. (Points : 5)
  • Question 2.2. (TCO 6) Herzbergs motivating factors includes _____. (Select the one best answer.) (Points : 5)
  • Question 3.3. (TCO 7) Multidimensional networks of suppliers and outsourcing partners is called _____. (Points : 5)

BUSN 115 Week 6 Assignment Mining Group Gold :

  • Prepare a two- to three-page paper in APA style, sixth edition format, that describes, explains, addresses, and answers the following questions or statements.
  • Questions to Consider (30 points total)
  • Review the information in the lecture that presents mining group gold as a method for facilitating meetings. Then, after you have studied and reviewed this information, answer the following questions in a two- to three-page paper. Your paper should use APA style.
  • Describe and explain the five basic steps of mining group gold for its team meeting management process. (9 points)
  • What are the steps for dealing with emotions during a session or meeting? (9 points)

Week 7 :

BUSN 115 Week 7 DQ 1 : Effects of Information Technology on Management (Graded)

Evaluate and discuss the human resource, security, privacy, and stability issues affected by information technology. The increase of information technology has affected management greatly. The best guess is that it will probably continue to do so. Given that, discuss the issues from the perspective of change and change management. What is the impact of such issues on the management of information technology? Conversely, what is the effect of information technology on management? 

BUSN 115 Week 7 DQ 2 : Financial Controls (Graded)

The company you co-founded last year is growing rapidly and has strong prospects for an IPO in the next year or two. The additional capital that an IPO could raise would let you hire the brightest people in the industry and continue to innovate with new product research. There is one potential glitch: you and the rest of the executive team have been so focused on launching the business that you haven’t paid much attention to financial control. 

BUSN 115 Final Exam Study Guide:

  • Explain free market capitalism
  • Describe and explain home-based entrepreneurial endeavors
  • Explain how intermediaries perform the six marketing utilities
  • Compare the business-to-business market and the consumer market
  • Identify the new and traditional tools that make up the promotion mix
  • Define and apply common economic indicators
  • Define and discuss the ethical and social responsibilities of business
  • Describe managements role in setting ethical standards
  • Describe and apply a business code of ethics
  • Describe and explain the role of U.S. businesses in influencing ethical behavior and social responsibility in global markets
  • Describe and explain sales law under the Uniform Commercial Code
  • Define the elements of a contract
  • Summarize several laws that regulate competition and protect consumers in the US
  • Describe and explain the role of deregulation in the economy
  • Discuss the changing landscape of the global market and the issue of offshore outsourcing
  • Explain why nations trade
  • Describe and explain the forces that affect trading in global markets
  • Explain the advantages and disadvantages of trade protectionism
  • Describe the role entrepreneurs play in the creation of jobs
  • Explain why people take the risks of entrepreneurship, list the attributes of successful
  • Analyze what it takes to start and run a small business
  • Show how marketers use environmental scanning to learn about the changing marketing environment
  • Explain how marketers apply the tools of market segmentation, relationship marketing, and the study of consumer behavior

BUSN 115 Final Exam :

  • Question 1.1. (TCO 7) Some of the characteristics of lean systems include which of the following? (Points : 5)
  • Question 2.2. (TCO 7) Mass customization means (Points : 5)
  • Question 3.3. (TCO 8) One scarce item in the future will be water. Which is the least expensive way to get water from places of abundance to places of need? (Points : 5)
  • Question 4.4. (TCO 8) If there is one thing that advertisers agree upon, it is the growing importance of social media in product promotion. Given this information, (Points : 5)
  • Question 5.5. (TCO 1) You own a hardware store in the small town where you live. A big-box, multiline competitor has just opened. You see the following as your advantages of maintaining your market share and continued sales revenue. (Select all that apply.) (Points : 5)
  • Question 6.6. TCO 1) You are fairly good at various and sundry home repairs. You arent very good at electrical things or anything having to do with plumbing. But youre great with painting, patching, and general maintenance on a home. Youre contemplating starting a home repair business in your town. What are some issues that you can influence and should be concerned with in launching a new small-business start-up? (Select all that apply.) (Points : 5)

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