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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1132 |
Essay's paper body
Recognize an ethical situation and the ethical issues involved.
2. Identify and analyze the principal elements in the situation.
3. Identify the alternatives, and weigh the impact of each alternative on various stakeholders.
Study Objective 3 - Explain the Three Principal Types of Business Activity
All businesses are involved in three types of activity...
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The accounting information system keeps track of the results of each of these activities.
? Financing activities ? Cash is often obtained from outside sources to start or expand a business. The two primary sources are:
? Borrowing from creditors which creates a liability
? bank loan (note payable)
? debt securities (bonds payable)
? goods on credit from suppliers (accounts payable)
? Issuing ownership interests in the corporation to investors (selling stock to shareholders)
? In addition, financing activities include using cash to pay dividends to stockholders...
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General points of the essay
Using any company with which you are familiar with, identify some of the social, cultural and ethical issues relevant to its operation. Comment on how it has, or might, adapt its policies to deal with these issues
What is the risk involved in this financing situation?
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