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Assignment 7 - EL5732

Assignment 7
(20 points)
Assignment 7: Business and Society
Save this file in your course folder, and name it with Assignment, the section number, and your first
initial and last name. For example, Jessie Robinson's assignment for Section 1 would be named
Type the answers to the assignment questions below. Use complete sentences unless the question
says otherwise. You will have more than one day to complete an assignment. At the end of each day,
be sure to save your progress.
Review Lesson 4 of the Course Overview for instructions about turning in your assignments.
Assignment Questions
In Section 7, you learned about business and society. Now, you'll apply what you learned.
1. Describe at least one global trend that you think offers a business opportunity in the
global marketplace. (1-5 sentences. 2.0 points)
2. Describe at least three risks a company might face if it participates in global trade. (1-3
sentences. 3.0 points)
3. Describe the purpose of the SEC. (1-4 sentences. 2.0 points)
4. Go to the EPA Web site and learn about one of the environmental laws that may affect
businesses. Explain the law and how it might affect a business. (1-4 sentences. 3.0 points)
5. Choose a popular franchise, and visit the company's Web site to learn about its
franchising policies. List at least three things you learned, such as costs franchisees must
pay, or other rules or requirements. (1-3 sentences. 3.0 points) TIP: Popular franchises
include McDonalds®, SUBWAY®, Dunkin' Donuts®, Cold Stone Creamery®, 7-Eleven®,
Days Inn®, Great Clips®, Molly Maid®, and many more.
6. Describe a real or made up example of a contract that includes consideration. (1-5
sentences. 2.0 points)
7. Describe a real or made up example of the tort of interference. (1-5 sentences. 2.0
8. Describe a real or made-up but possible example of a situation where an employee faces
a conflict of interest. Explain at least two things the company could do to help make sure
the employee won't be tempted into unethical behavior by that conflict of interest. (3.0
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