Refer to Scenario 7

question 235

Multiple Choice

Refer to Scenario 7.1 below to answer the question(s) that follow.
SCENARIO 7.1: You are the owner and only employee of a company that writes computer software that is used by gamblers to collect sports data. Last year you earned a total revenue of $90,000. Your costs for equipment, rent, and supplies were $60,000. To start this business you invested an amount of your own capital that could pay you a return of $40,000 a year.
-Refer to Scenario 7.1. During the year your economic costs were

Differentiate between the types of dividends a corporation can distribute.

Comprehend the nuances and legal implications of corporate distributions and the responsibilities of shareholders.

Understand the various inspirations and theories behind social change.

Comprehend the concept and characteristics of "digital natives" and how technology impacts social behavior.

Definitions:

Intersectionality

A concept highlighting the interconnection of social categorizations such as race, class, and gender as they apply to a given individual or group, creating overlapping systems of discrimination or disadvantage.

Colonialism

The political and economic domination by one country over a geographically separate and distinct area and its indigenous population, often involving exploitation.

Sociologist

A social scientist who studies the social behaviors, structures, institutions, and functions of human society.

Western Science

The scientific traditions, methodologies, and practices that originated and developed in the Western world, often contrasted with Indigenous or non-Western approaches to knowledge.