WGU C201 Business Acumen 2 Exam
| Correctly Answered Graded and
Rated A+ | Latest 2024
As a business, is it best to reduce spending or increase spending
in a high-inflation environment? - Correct Answer - Reduce
As a business, which environment is best to make capital
improvements? - Correct Answer - Low-inflation
Which type of competition requires government regulation for
entry? - Correct Answer - Monopoly
Which type of competition is the easiest to enter? - Correct
Answer - Pure
What is the name of the graph that we use to demonstrate
demand? - Correct Answer - Demand Curve
What is the point where supply and demand curves intersect? -
Correct Answer - Equilibrium price
, When a tariff is increased on importing produce, is that micro or
macro? - Correct Answer - Macro
When Federal taxes are reduced, is that micro or macro? -
Correct Answer - Macro
Is the study of supply and demand a micro or macroeconomic
issue? - Correct Answer - Micro
The coordination of all promotional activities—media advertising,
direct mail, personal selling, sales promotion, and public relations
—to produce a unified, customer-focused message. - Correct
Answer - Integrated marketing communications
Used in the growth and maturity stage of the product life cycle to
improve competitive status of a product - Correct Answer -
Persuasive advertising
Compares products directly with their competitors either by name
or by inference - Correct Answer - Comparative advertising
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller NurseMeg. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
