BUS 1000 Lecture Notes - Public Company Accounting Oversight Board, Troubled Asset Relief Program, Tokyo Stock Exchange

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Outsourcing- asking other countries to do some or all functions of a firm like its production. Stakeholders are individuals or groups that stand to gain or lose by the policies and activities of business. 10 stakeholders: stockholders, customers, local community (walmart, environment (bp oil spill, dealers (mercedes, acura, employees (asset or liability, government, suppliers (ipod/ipad/iphone-foxcon- workers committed suicide, media, bankers. 4 other factors of production (5 total) look linda come e: land- natural resources, labor-human energy, capital- machines/plant/money, enterprise- taking risk, knowledge/technology: information. Egypt and strategic alliances with usa: israel, egypt, pakistan. Egypt is very important for 2 reasons: suez canal, oil. Increasingly, global geostrategic events impact the business and economic environments. Francis bacon- some book are to be tasted, some to be chewed, and few to be chewed and digested . Piigs will increase jitters in europe well into oct and nov of 2012. The spread is the difference between interest rates.

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