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USD BADM 101 Final- Wiedrich Questions with 100% correct answers | verified | latest update 2024
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USD BADM 101 Final- Wiedrich Questions with 100% correct answers | verified | latest update 2024
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USDBADM
101
Final-
Wiedrich
30%
-
ANS-A
true
entrepreneur,
Steve
Jobs
of
apple
aimed
to
change
the
world
through
the
introduction
of
blockbuster
business
concept.
Most
people
who
launch
new
firms
expect
to
better
themselves
but
only
_____
expect
huge
transformative
growth
on
the
order
of
Walmart
A
memo
-
ANS-Jackson
needs
to
communicate
a
detailed
but
uncontroversial
message
to
employees.
The
best
channel
for
this
type
of
message
is:
absolute
advantage
-
ANS-The
size
of
Chinese
population
gives
the
country
an
________
as
compared
to
the
US
since
it
can
produce
more
of
a
good
than
other
nations
using
the
same
amount
of
resources
Accounting
-
ANS-A
system
for
recognizing,
recording,
organizing,
summarizing,
analyzing
and
reporting
information
about
the
financial
transactions
that
affect
an
organization
Adam
Smith
-
ANS-Father
of
modern
capitalism
Angel
Investors
-
ANS-Wealthy
individuals
who
invest
in
new
and
growing
firms
Balance
sheet
-
ANS-summarizes
a
firm's
financial
position
at
a
specific
point
in
time
Benefits
-
ANS-Noncash
compensation
like
health
care
and
vacation
Bias
-
ANS-A
negative
preconception
or
prejudice
directed
towards
a
specific
group
body
language
-
ANS-Tanyas
arms
are
crossed
as
she
listens
to
the
managers
presentation.
When
the
manager
ends,
she
joins
the
audience
in
a
standing
ovation
but
does
not
clap
her
hands.
Her
posture
and
gestures
are
examples
of:
Broker
-
ANS-Individual
investors
are
not
permitted
to
directly
trade
stocks
or
NYSE
or
NASDAQ.
Therefore,
individuals
must
seek
the
help
of
a:
budget
surplus
-
ANS-when
tax
revenues
exceed
government
expenditures
Business
-
ANS-any
activity
that
provides
goods
and
services
in
an
effort
to
earn
a
profit
Business
Ethics
-
ANS-What
is
right
and
wrong
in
a
business
setting
capital
gain
-
ANS-A
stockholder
will
recognize
a
____
if
upon
selling
his
shares
he
receives
a
higher
price/share
than
the
original
price/share
that
he
paid
for
the
stock Cash
-
ANS-In
its
narrowest
sense,
a
firms
_____
consists
of
its
holdings
of
currency
and
demand
deposits
Category
killers
-
ANS-Dominate
the
market
by
offering
a
huge
variety
of
one
type
of
product
Chapter
11
-
ANS-Corporations
are
allowed
to
use
this
chapter
to
reorganize
their
operations
in
order
to
improve
their
financial
position
Compensation
-
ANS-The
combination
of
pay
and
benefits
Computer
viruses
-
ANS-programs
that
install
on
computers
to
rapidly
spread
to
other
computers
Corporation
-
ANS-A
legal
entity
created
by
permission
of
a
state
or
federal
government
Department
stores
-
ANS-Retailers
Nordstrom
and
Neiman
Marcus
provide
a
wide
variety
of
merchandise
and
a
high
level
of
service.
These
are
examples
of:
discontinuous
innovation
-
ANS-With
the
invention
of
the
telephone,
Alexander
graham
bell
created
a
completely
new
way
for
people
to
communicate
over
long
distances.
His
invention
demonstrates:
Dividends
-
ANS-After
tax
distribution
of
profits
to
corporate
owners
Effectiveness
-
ANS-completing
tasks
and
producing
products
that
create
the
greatest
value
Efficiency
-
ANS-producing
output
or
achieving
a
goal
at
the
lowest
cost
Entrepreneurs
-
ANS-Create
benefits
for
others
while
seeking
profit
for
themselves
Equity
Theory
-
ANS-Proposes
that
perceptions
of
fairness
directly
impact
worker
motivation
ethical
dilemma
-
ANS-Occurs
when
the
behavior
results
in
a
choice
among
alternatives,
each
of
which
has
negative
consequences.
Ethics
-
ANS-Moral
principles
that
govern
behavior
Extranets
-
ANS-open
intranets
that
provide
limited
access
to
certain
group
of
stakeholders,
such
as
key
customers
and
suppliers
Finance
-
ANS-To
determine
the
types
of
assets
needed
to
achieve
the
goals
of
the
organization
and
to
determine
the
best
way
to
obtain
the
funds
needed
to
acquire
those
assets
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