Archive:BiP 2009 Section 20 Vocabulary Wiki - Revision history

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2009-06-07T00:24:45Z

moved BiP 2009 Section 20 Vocabulary Wiki to Archive:BiP 2009 Section 20 Vocabulary Wiki

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2009-04-08T15:22:17Z

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216.165.20.4: /* Business and its Publics (BiP) 2009. Section 20 Vocabulary Wiki. */

2009-04-03T18:48:06Z

Business and its Publics (BiP) 2009. Section 20 Vocabulary Wiki.

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	A '''social entrepreneur''' is a person who strives to make a change in society. He/she recognizes a social problem and uses business models to help bring about that change. A social entrepreneur can make a profit (therefore, he is not limited to non-profit organizations), but he measures his success in terms of the impact he has made on society, whereas a '''business entrepreneur''' measures his success purely by profits, returns, or sales.		A '''social entrepreneur''' is a person who strives to make a change in society. He/she recognizes a social problem and uses business models to help bring about that change. A social entrepreneur can make a profit (therefore, he is not limited to non-profit organizations), but he measures his success in terms of the impact he has made on society, whereas a '''business entrepreneur''' measures his success purely by profits, returns, or sales.
	Social entrepreneurship relates to our study of the relationship between business and society. We often criticize business for being ignorant of societal problems, such as large income variability and environmental sustainability. Social entrepreneurs help bridge this gap because they consider the views of both business and society.		Social entrepreneurship relates to our study of the relationship between business and society. We often criticize business for being ignorant of societal problems, such as large income variability and environmental sustainability. Social entrepreneurs help bridge this gap because they consider the views of both business and society.
			~Juliet Huang

			'''Regression towards the mean''' is a statistical phenomenon that states that for a given variable, the predicted value is always fewer standard deviations away from its mean than the first variable is from its mean. That is, the response is closer to its average than is the predictor to its average. In daily life, regression towards the mean states that things tend to return to 'normal' if left to themselves.
			This idea applies to the interaction between business and society. Any radical behavior on either part will ultimately result in a situation that is less extreme, due to the counter behavior of the other party. In terms of social justice, if business acts in a way that deviates greatly from the 'norm' (i.e. 'fair'), society (perhaps labor unions) will behave in a way that would result in a situation that is 'normal' (more 'fair').
	~Juliet Huang		~Juliet Huang

216.165.24.18: /* Business and its Publics (BiP) 2009. Section 20 Vocabulary Wiki. */

2009-03-31T02:59:16Z

Business and its Publics (BiP) 2009. Section 20 Vocabulary Wiki.

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	'''Escalation of Commitment''' entails making an irrational decision to continue involvement and participation in something such as a plan, project, or event. This decision is based off previous resources (time, money, effort) that have already been spent on the project. The "dollar auction" game that was played in class exemplified escalation of commitment, as students continued raising their bids since they had already wagered certain amounts early in the game.		'''Escalation of Commitment''' entails making an irrational decision to continue involvement and participation in something such as a plan, project, or event. This decision is based off previous resources (time, money, effort) that have already been spent on the project. The "dollar auction" game that was played in class exemplified escalation of commitment, as students continued raising their bids since they had already wagered certain amounts early in the game.
	~~[[Special:Contributions/216.165.24.18\|216.165.24.18]] 02:58, 31 March 2009 (UTC)~~Daniel Agnello		~Daniel Agnello

216.165.24.18: /* Business and its Publics (BiP) 2009. Section 20 Vocabulary Wiki. */

2009-03-31T02:58:29Z

Business and its Publics (BiP) 2009. Section 20 Vocabulary Wiki.

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	'''Deficit''' occurs when more money is spent than is received. Remedies of a budget deficit include borrowing, issuing of bonds, or sales of assets. However, such solutions can cause inflation.		'''Deficit''' occurs when more money is spent than is received. Remedies of a budget deficit include borrowing, issuing of bonds, or sales of assets. However, such solutions can cause inflation.
	~Juliet Huang		~Juliet Huang

			'''Escalation of Commitment''' entails making an irrational decision to continue involvement and participation in something such as a plan, project, or event. This decision is based off previous resources (time, money, effort) that have already been spent on the project. The "dollar auction" game that was played in class exemplified escalation of commitment, as students continued raising their bids since they had already wagered certain amounts early in the game.
			[[Special:Contributions/216.165.24.18\|216.165.24.18]] 02:58, 31 March 2009 (UTC)Daniel Agnello


	'''An Arbitrage Event''' is when there is a price difference for the same product, but in two different locations. For example, if a security is priced higher in the U.S. than in the U.K. then a savvy investor - with international connections - can purchase the securities overseas to sell them at a profit in North America. This process is common when dealing with hedge funds and other small private investment groups. A more relevant example would be a '''Merger Arbitrage''' or risk arbitrage in which an investor buys the stock of a company that will be subject to a takeover whilst '''shorting''' the stock of the acquiring corporation. This was the case when Microsoft bid for Yahoo! where millions were made in the process. - Imran Qureshi		'''An Arbitrage Event''' is when there is a price difference for the same product, but in two different locations. For example, if a security is priced higher in the U.S. than in the U.K. then a savvy investor - with international connections - can purchase the securities overseas to sell them at a profit in North America. This process is common when dealing with hedge funds and other small private investment groups. A more relevant example would be a '''Merger Arbitrage''' or risk arbitrage in which an investor buys the stock of a company that will be subject to a takeover whilst '''shorting''' the stock of the acquiring corporation. This was the case when Microsoft bid for Yahoo! where millions were made in the process. - Imran Qureshi

216.165.20.68: /* Business and its Publics (BiP) 2009. Section 20 Vocabulary Wiki. */

2009-03-22T17:25:52Z

Business and its Publics (BiP) 2009. Section 20 Vocabulary Wiki.

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	I think marginal cost, described in terms of the relationship between business, government, and consumers is relevant to our studies. Businesses and firms use the marginal cost to make decisions to generate maximum profit, while consumers use it in their purchasing decisions. In addition, marginal cost also involves social costs as the decisions producers and consumers make necessarily affect the society as a whole. Thus marginal cost must be considered and weighed to balance the objectives of businesses, consumers, and the society.		I think marginal cost, described in terms of the relationship between business, government, and consumers is relevant to our studies. Businesses and firms use the marginal cost to make decisions to generate maximum profit, while consumers use it in their purchasing decisions. In addition, marginal cost also involves social costs as the decisions producers and consumers make necessarily affect the society as a whole. Thus marginal cost must be considered and weighed to balance the objectives of businesses, consumers, and the society.
	-Cecilia Zhu		-Cecilia Zhu

			A '''social entrepreneur''' is a person who strives to make a change in society. He/she recognizes a social problem and uses business models to help bring about that change. A social entrepreneur can make a profit (therefore, he is not limited to non-profit organizations), but he measures his success in terms of the impact he has made on society, whereas a '''business entrepreneur''' measures his success purely by profits, returns, or sales.
			Social entrepreneurship relates to our study of the relationship between business and society. We often criticize business for being ignorant of societal problems, such as large income variability and environmental sustainability. Social entrepreneurs help bridge this gap because they consider the views of both business and society.
			~Juliet Huang

128.122.195.18 at 20:30, 27 February 2009

2009-02-27T20:30:11Z

← Older revision		Revision as of 20:30, 27 February 2009
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	'''An Arbitrage Event''' is when there is a price difference for the same product, but in two different locations. For example, if a security is priced higher in the U.S. than in the U.K. then a savvy investor - with international connections - can purchase the securities overseas to sell them at a profit in North America. This process is common when dealing with hedge funds and other small private investment groups. A more relevant example would be a '''Merger Arbitrage''' or risk arbitrage in which an investor buys the stock of a company that will be subject to a takeover whilst '''shorting''' the stock of the acquiring corporation. This was the case when Microsoft bid for Yahoo! where millions were made in the process. - Imran Qureshi		'''An Arbitrage Event''' is when there is a price difference for the same product, but in two different locations. For example, if a security is priced higher in the U.S. than in the U.K. then a savvy investor - with international connections - can purchase the securities overseas to sell them at a profit in North America. This process is common when dealing with hedge funds and other small private investment groups. A more relevant example would be a '''Merger Arbitrage''' or risk arbitrage in which an investor buys the stock of a company that will be subject to a takeover whilst '''shorting''' the stock of the acquiring corporation. This was the case when Microsoft bid for Yahoo! where millions were made in the process. - Imran Qureshi

	'''~~Margina~~ cost''' in economic terms refers to the change in total cost to produce one more unit of a particular good. For example, if sewing one shirt requires the labor of three workers, then the marginal cost of the shirts include the labor of the workers.		'''Marginal cost''' in economic terms refers to the change in total cost to produce one more unit of a particular good. For example, if sewing one shirt requires the labor of three workers, then the marginal cost of the shirts include the labor of the workers.
	I think marginal cost, described in terms of the relationship between business, government, and consumers is relevant to our studies. Businesses and firms use the marginal cost to make decisions to generate maximum profit, while consumers use it in their purchasing decisions. In addition, marginal cost also involves social costs as the decisions producers and consumers make necessarily affect the society as a whole. Thus marginal cost must be considered and weighed to balance the objectives of businesses, consumers, and the society.		I think marginal cost, described in terms of the relationship between business, government, and consumers is relevant to our studies. Businesses and firms use the marginal cost to make decisions to generate maximum profit, while consumers use it in their purchasing decisions. In addition, marginal cost also involves social costs as the decisions producers and consumers make necessarily affect the society as a whole. Thus marginal cost must be considered and weighed to balance the objectives of businesses, consumers, and the society.
			-Cecilia Zhu

128.122.195.18 at 20:29, 27 February 2009

2009-02-27T20:29:48Z

← Older revision		Revision as of 20:29, 27 February 2009
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	'''An Arbitrage Event''' is when there is a price difference for the same product, but in two different locations. For example, if a security is priced higher in the U.S. than in the U.K. then a savvy investor - with international connections - can purchase the securities overseas to sell them at a profit in North America. This process is common when dealing with hedge funds and other small private investment groups. A more relevant example would be a '''Merger Arbitrage''' or risk arbitrage in which an investor buys the stock of a company that will be subject to a takeover whilst '''shorting''' the stock of the acquiring corporation. This was the case when Microsoft bid for Yahoo! where millions were made in the process. - Imran Qureshi		'''An Arbitrage Event''' is when there is a price difference for the same product, but in two different locations. For example, if a security is priced higher in the U.S. than in the U.K. then a savvy investor - with international connections - can purchase the securities overseas to sell them at a profit in North America. This process is common when dealing with hedge funds and other small private investment groups. A more relevant example would be a '''Merger Arbitrage''' or risk arbitrage in which an investor buys the stock of a company that will be subject to a takeover whilst '''shorting''' the stock of the acquiring corporation. This was the case when Microsoft bid for Yahoo! where millions were made in the process. - Imran Qureshi

			'''Margina cost''' in economic terms refers to the change in total cost to produce one more unit of a particular good. For example, if sewing one shirt requires the labor of three workers, then the marginal cost of the shirts include the labor of the workers.
			I think marginal cost, described in terms of the relationship between business, government, and consumers is relevant to our studies. Businesses and firms use the marginal cost to make decisions to generate maximum profit, while consumers use it in their purchasing decisions. In addition, marginal cost also involves social costs as the decisions producers and consumers make necessarily affect the society as a whole. Thus marginal cost must be considered and weighed to balance the objectives of businesses, consumers, and the society.

69.142.115.2 at 02:57, 27 February 2009

2009-02-27T02:57:09Z

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	~Juliet Huang		~Juliet Huang

	'''An Arbitrage Event''' is when there is a price difference for the same product, but in two different locations. For example, if a security is priced higher in the U.S. than in the U.K. then a savvy investor - with international connections - can purchase the securities overseas to sell them at a profit in North America. This process is common when dealing with hedge funds and other small private investment groups. A more relevant example would be a '''Merger Arbitrage''' or risk arbitrage in which an investor buys the stock of a company that will be subject to a takeover whilst '''shorting''' the stock of the acquiring corporation. This was the case when Microsoft bid for Yahoo! ~~Billions~~ were made in the process. - Imran Qureshi		'''An Arbitrage Event''' is when there is a price difference for the same product, but in two different locations. For example, if a security is priced higher in the U.S. than in the U.K. then a savvy investor - with international connections - can purchase the securities overseas to sell them at a profit in North America. This process is common when dealing with hedge funds and other small private investment groups. A more relevant example would be a '''Merger Arbitrage''' or risk arbitrage in which an investor buys the stock of a company that will be subject to a takeover whilst '''shorting''' the stock of the acquiring corporation. This was the case when Microsoft bid for Yahoo! where millions were made in the process. - Imran Qureshi

69.142.115.2 at 02:56, 27 February 2009

2009-02-27T02:56:24Z

← Older revision		Revision as of 02:56, 27 February 2009
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	~Juliet Huang		~Juliet Huang

	'''An Arbitrage Event''' is when there is a price difference for the same product, but in two different locations. For example, if a security is priced higher in the U.S. than in the U.K. then a savvy investor - with international connections - can purchase the securities overseas to sell them at a profit in North America. This process is common when dealing with hedge funds and other small private investment groups. A more relevant example would be a '''Merger Arbitrage''' or risk arbitrage in which an investor buys the stock of a company that will be subject to a takeover whilst '''shorting''' the stock of the acquiring corporation. This was the case when Microsoft bid for Yahoo! - Imran Qureshi		'''An Arbitrage Event''' is when there is a price difference for the same product, but in two different locations. For example, if a security is priced higher in the U.S. than in the U.K. then a savvy investor - with international connections - can purchase the securities overseas to sell them at a profit in North America. This process is common when dealing with hedge funds and other small private investment groups. A more relevant example would be a '''Merger Arbitrage''' or risk arbitrage in which an investor buys the stock of a company that will be subject to a takeover whilst '''shorting''' the stock of the acquiring corporation. This was the case when Microsoft bid for Yahoo! Billions were made in the process. - Imran Qureshi