Virtual worlds are online applications that let users interact with one another and create and use objects. Recently, virtual world applications have been introduced for business. One example of a real-life application in a virtual environment would be to simulate disasters such as hurricanes or floods.
According to the case, what are virtual worlds most suited for in a business environment?

What will be an ideal response?


Training for emergencies.

Business

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What will be an ideal response?

Business

If a company purchases equipment paying cash, the journal entry to record this transaction will include a debit to Cash.

Answer the following statement true (T) or false (F)

Business

Which of the following is NOT one of the three major global codes of ethics as indicated in the text?

a. The Caux Round Table Principles b. Kyoto Treaty c. The Organization of Economic Co-operation and Development guidelines for multinational enterprises d. The United Nations Global Impact

Business

Guarantees that establish a debtor-creditor relationship in which the corporation borrows money from the investor to whom a debt security is issued are known as ________

A) authorized shares B) preferred stocks C) common stocks D) fixed income securities

Business