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BUAD 1001 Bundled Exams with correct answers 2024
BUAD 1001 Exam with correct answers 2024 BUAD 331 Exam with correct answers 2024
[Show more]BUAD 1001 Exam with correct answers 2024 BUAD 331 Exam with correct answers 2024
[Show more]Revenue correct answers the money that a business or institution has coming in. 
 
Expenses correct answers The money that a company must pay out to fulfill its operating expenses. Ex. bills and payroll 
 
Profit correct answers The difference between a businesses's revenues and its expenses. ...
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Add to cartRevenue correct answers the money that a business or institution has coming in. 
 
Expenses correct answers The money that a company must pay out to fulfill its operating expenses. Ex. bills and payroll 
 
Profit correct answers The difference between a businesses's revenues and its expenses. ...
What is a supply chain correct answers Organizations and activities involved with the flow of products from raw materials to the customer 
 
components of a supply chain correct answers - Procurement 
- Inbound logistics 
- Manufacturing/Service operations 
- Order Fulfillment 
- Outbound logistic...
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Add to cartWhat is a supply chain correct answers Organizations and activities involved with the flow of products from raw materials to the customer 
 
components of a supply chain correct answers - Procurement 
- Inbound logistics 
- Manufacturing/Service operations 
- Order Fulfillment 
- Outbound logistic...
value correct answers the relationship between the price of a good or a service and the benefits that it offers its customers 
 
business correct answers an organization or activity that provides goods and services in an effort to earn a profit 
 
profit correct answers the money that a business ...
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Add to cartvalue correct answers the relationship between the price of a good or a service and the benefits that it offers its customers 
 
business correct answers an organization or activity that provides goods and services in an effort to earn a profit 
 
profit correct answers the money that a business ...
A ______ is a good or service with tangible and intangible characteristics that provide satisfaction and benefits. 
A)merchandise 
B)product 
C)business 
D)profit correct answers B 
 
The primary goal of all businesses is to earn ______, the difference between what it costs to make and sell a produ...
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Add to cartA ______ is a good or service with tangible and intangible characteristics that provide satisfaction and benefits. 
A)merchandise 
B)product 
C)business 
D)profit correct answers B 
 
The primary goal of all businesses is to earn ______, the difference between what it costs to make and sell a produ...
How does Zara use its supply chain capabilities to generate competitive advantage? 
 
a) Stocking clothing dar in advance of sales to ensure in-stock availability 
b) Buying new seasonal clothing lines in bulk to take advantage of volume discounts from suppliers 
c) Speeding cycle times of new fashi...
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Add to cartHow does Zara use its supply chain capabilities to generate competitive advantage? 
 
a) Stocking clothing dar in advance of sales to ensure in-stock availability 
b) Buying new seasonal clothing lines in bulk to take advantage of volume discounts from suppliers 
c) Speeding cycle times of new fashi...
c correct answers A system can be defined as: 
a. Group of components that do not interact 
b. A non-interactive approach to processing information 
c. Group of components interacting to achieve some purpose 
d. Using data to achieve some purpose 
 
d correct answers Which of the following is NOT ...
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Add to cartc correct answers A system can be defined as: 
a. Group of components that do not interact 
b. A non-interactive approach to processing information 
c. Group of components interacting to achieve some purpose 
d. Using data to achieve some purpose 
 
d correct answers Which of the following is NOT ...
What is the ultimate goal of a written business report? correct answers 
 
Functions of reports - 2 broad categories correct answers -Informational 
-Analytical 
 
Organizational Patterns of Reports, where are the conclusions and recommendations placed? correct answers -Direct Strategy: after in...
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Add to cartWhat is the ultimate goal of a written business report? correct answers 
 
Functions of reports - 2 broad categories correct answers -Informational 
-Analytical 
 
Organizational Patterns of Reports, where are the conclusions and recommendations placed? correct answers -Direct Strategy: after in...
A need is a correct answers a state of felt deprivation 
 
George has just come into some money. He now has the financial resources to purchase a new set of ski's he's been dreaming about. For George those skis have suddenly gone from being a _____to being a ______ correct answers want, dema...
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Add to cartA need is a correct answers a state of felt deprivation 
 
George has just come into some money. He now has the financial resources to purchase a new set of ski's he's been dreaming about. For George those skis have suddenly gone from being a _____to being a ______ correct answers want, dema...
What are the different core activities of a business? 
A) Employees, community, and executives 
B) Purchasing, distribution, and sales 
C) Management, finance, and marketing 
D) All of the above correct answers C 
 
What is it called when an employee exposes an employer's wrongdoing to outsiders...
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Add to cartWhat are the different core activities of a business? 
A) Employees, community, and executives 
B) Purchasing, distribution, and sales 
C) Management, finance, and marketing 
D) All of the above correct answers C 
 
What is it called when an employee exposes an employer's wrongdoing to outsiders...
Why might a company consider expanding its supply chain internationally? 
 
1) To obtain access to lower-cost suppliers 
2) To take advantage of a skilled labor base in another country 
3) To support international expansion of sales 
4) To fend off competition from an international competitor 
5) Al...
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Add to cartWhy might a company consider expanding its supply chain internationally? 
 
1) To obtain access to lower-cost suppliers 
2) To take advantage of a skilled labor base in another country 
3) To support international expansion of sales 
4) To fend off competition from an international competitor 
5) Al...
Abilities correct answers skills and knowledge that can be applied to accomplishing work tasks. jobs look for more than just abilities, but the kind of person you really are. 
 
Active listening correct answers a person's willingness and ability to hear and understand. it involves bringing abou...
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Add to cartAbilities correct answers skills and knowledge that can be applied to accomplishing work tasks. jobs look for more than just abilities, but the kind of person you really are. 
 
Active listening correct answers a person's willingness and ability to hear and understand. it involves bringing abou...
Stakeholders correct answers a party that has an interest in a company and can either affect or be affected by the business. typically investors, employees, customers, suppliers, communities, governments, or trade associations. can be both INTERNAL AND EXTERNAL to the organization 
 
Internal Stake...
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Add to cartStakeholders correct answers a party that has an interest in a company and can either affect or be affected by the business. typically investors, employees, customers, suppliers, communities, governments, or trade associations. can be both INTERNAL AND EXTERNAL to the organization 
 
Internal Stake...
Why might a company consider expanding its supply chain internationally? 
A. To obtain access to lower-cost suppliers 
B. To take advantage of a skilled labor base in another country 
C. To support international expansion of sales 
D. To fend off competition from an international competitor 
E. All ...
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Add to cartWhy might a company consider expanding its supply chain internationally? 
A. To obtain access to lower-cost suppliers 
B. To take advantage of a skilled labor base in another country 
C. To support international expansion of sales 
D. To fend off competition from an international competitor 
E. All ...
Title bar: correct answers identifies the current file name and the application in which you are working. 
 
Status bar: correct answers A bar at the bottom of the program window that provides information about the current file and process. 
 
Dialog box: correct answers A box that displays addit...
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Add to cartTitle bar: correct answers identifies the current file name and the application in which you are working. 
 
Status bar: correct answers A bar at the bottom of the program window that provides information about the current file and process. 
 
Dialog box: correct answers A box that displays addit...
___________ is the process of estimating the value of a categorical outcome variable correct answers classification 
 
in classification, which of the following would be considered as a categorical variable for a credit approval decision for a requester? correct answers reject or accept credit app...
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Add to cart___________ is the process of estimating the value of a categorical outcome variable correct answers classification 
 
in classification, which of the following would be considered as a categorical variable for a credit approval decision for a requester? correct answers reject or accept credit app...
Diversity correct answers A company that looks like and understands their customers the more successful they will be 
 
B2B correct answers Businesses sell to other businesses 
 
B2C correct answers Businesses sell to consumers 
 
Globalization correct answers Global trade, continuous learning 
...
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Add to cartDiversity correct answers A company that looks like and understands their customers the more successful they will be 
 
B2B correct answers Businesses sell to other businesses 
 
B2C correct answers Businesses sell to consumers 
 
Globalization correct answers Global trade, continuous learning 
...
Which of the following is not a technique for fulfilling customer orders? 
A. Supply cycle time 
B. Anticipate form, time, and place 
C. Full Postponement 
D. Make to stock, postpone time/place correct answers A. Supply cycle time 
 
Define order cycle time. 
A. The total cost of ownership combined...
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Add to cartWhich of the following is not a technique for fulfilling customer orders? 
A. Supply cycle time 
B. Anticipate form, time, and place 
C. Full Postponement 
D. Make to stock, postpone time/place correct answers A. Supply cycle time 
 
Define order cycle time. 
A. The total cost of ownership combined...
Supply Chain Management refers to: 
A. The comprehensive management of networks of suppliers 
B. The meaningful integration of service with customer fulfillment 
C. The collaboration between operations and suppliers 
D. The management of up and downstream relationships with suppliers and customers t...
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Add to cartSupply Chain Management refers to: 
A. The comprehensive management of networks of suppliers 
B. The meaningful integration of service with customer fulfillment 
C. The collaboration between operations and suppliers 
D. The management of up and downstream relationships with suppliers and customers t...
Why are groups and teams helpful? correct answers Tasks are becoming more complex 
Tasks are becoming more interdependent 
There is a need for more flexible labor force 
There is a need for faster response to change 
 
What are the five main benefits of using a team correct answers build relations...
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Add to cartWhy are groups and teams helpful? correct answers Tasks are becoming more complex 
Tasks are becoming more interdependent 
There is a need for more flexible labor force 
There is a need for faster response to change 
 
What are the five main benefits of using a team correct answers build relations...
Marketing correct answers marketing is the activity for creating, communicating, delivering and exchanging offerings that benefit the organization, its shareholders, and society at a large 
 
Consumer's Needs correct answers Discovering and satisfying consumers' needs is essential in marketi...
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Add to cartMarketing correct answers marketing is the activity for creating, communicating, delivering and exchanging offerings that benefit the organization, its shareholders, and society at a large 
 
Consumer's Needs correct answers Discovering and satisfying consumers' needs is essential in marketi...
Supply chain management refers to: correct answers The management of up and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole. 
 
Name the ways that supply chain management creates value? correct answers Form, Time,...
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Add to cartSupply chain management refers to: correct answers The management of up and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole. 
 
Name the ways that supply chain management creates value? correct answers Form, Time,...
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