absolute advantage, 93

absolute liability, 122

accounting

• assets, 476

• auditing, 474

• balance sheet, 479–480

• bookkeeping, 476

• corporate accounting, 473–474

• definition, 473

• double entry bookkeeping, 477

• financial statements, 479–489

• fundamental accounting equation, 476–478

• generally acceptable accounting principles (GAAP), 475, 476

• governments, 474–475

• income statement, 479

• international standards, 476

• liabilities, 476

• not-for-profit corporations, 474–475

• owners’ equity, 476

• standards and procedures, 475–478

• statement of cash flows, 479

• tax accounting, 475

accounts payable, 481

accounts receivable, 463–464

accrued expenses, 481

acquisitions, 181–183

action learning, 261–262

Ad Council, 353

administrative laws, 120

administrative trade barriers, 96

Adobe, 183, 344

AdSense, 284, 417

advertising, 413

• economic impact, 414

• global advertisements, 418

• infomercials, 418

• Internet, 417

• mobile marketing, 417

• negative political ads, 419

• product placement, 417

• promotional mix, 413

• public relations, 418–420

• search engine optimization (SEO), 417

• social media, 417

advertising agencies, 414

advertising-based models, 287

advertising laws, 127–128

advertising media, 414–416

advisory board, 152

adware, 294

aesthetics, 110–111

Affiliated Computer Services, 201

affiliative (or laissez-faire) leaders, 236

affirmative action, 271

Affordable Care Act (2010), 29, 266

Age Discrimination in Employment Act (ADEA) (1967), 128, 259

agents, 427, 430

Airline Deregulation Act (1978), 127

Alibaba.com, 286

Allserve, 7

Allstate, 16

Alphabet, Inc., 181, 185

Amazon.com, 6, 7, 13, 126, 137, 140, 183, 287, 352

AMD, 39

American Airlines, 38, 182–183

American Cancer Society, 208

American Civil Liberties Union, 296

American Express, 310

American Federation of Labor (AFL), 273

American Mobile Radio, 40

American Recovery and Investment Act, 47

American Red Cross, 475

Americans with Disabilities Act (ADA) (1990), 64, 74, 128, 258–259

America Online (AOL), 183

Anchor Pest Control, 217

Anderson, Ray, 78

Angel Capital Association, 154

angel investors, 154

AngelList, 154, 466

annual report, 474

antitrust laws, 125–127

Applebee’s, 315

Apple Computer, 8, 40, 67, 104, 124, 126–127, 138, 295, 392, 394, 481

applicant-tracking system software, 258

application letter, 446

Applied Semantics, 183

apprentice training program, 260

arbitration, 274

Arby’s, 3

Archer Daniels Midland (ADM), 64

Armani, 68

Arm & Hammer, 383

Asia-Pacific Economic Cooperation (APEC), 101

assembly line, 313

asset allocation, 501

assets, 476, 480–481

Association of Southeast Asian Nations (ASEAN), 101

AT&T, 38, 39, 127

auditing, 474

augmented product, 386

augmented reality (AR), 372

autocratic leaders, 235–236

automobile financial decisions, 534–536

automotive industry, 9–10, 133

AutoNation, 137, 141

autonomy, 234