11. Discuss what is meant by the concept of business power and give two examples of how this power is exercised in a society. 12. Explain what is meant by “usury.” 13. Discuss the difference, if any, between ethics and business ethics.  How are they similar and different from one another? 14. How many ethical principles did George Steiner and John Steiner articulate? Name at least 8 of them, and explain with examples 3 of the 8 named. 15. Explain what is meant by a “natural monopoly,” “destructive competition” and “externalities.” Give one business example of each concept.

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11. Discuss what is meant by the concept of business power and give two examples of how this power is exercised in a society.

12. Explain what is meant by “usury.”

13. Discuss the difference, if any, between ethics and business ethics.  How are they similar and different from one another?

14. How many ethical principles did George Steiner and John Steiner articulate? Name at least 8 of them, and explain with examples 3 of the 8 named.

15. Explain what is meant by a “natural monopoly,” “destructive competition” and “externalities.” Give one business example of each concept.

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