MBA Exit Exam Questions And Answers 100% Guaranteed Success.
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Course
MBA
Institution
MBA
MBA Exit Exam Questions And Answers 100% Guaranteed Success.
ABC analysis - correct answer. inventory control system that divides the inventory into three classes: A, B, and C, depending on the value and importance of the item
accelerated depreciation method - correct answer. al...
MBA Exit Exam Questions And Answers
100% Guaranteed Success.
ABC analysis - correct answer. inventory control system that divides the inventory into
three classes: A, B, and C, depending on the value and importance of the item
accelerated depreciation method - correct answer. allows asset own to take greater
amounts of depreciation during early years of asset's life, defers some of the taxes until
later years
acceptable quality level (AQL) - correct answer. quality standard that allows for a
prespecified number of defects
acceptance - correct answer. an assent to an offer in accordance with its terms
accounting exposure - correct answer. variability in the firm's reported values for NI
and net worth that results from changes in exchange rates
accounting rate of return - correct answer. capital-budgeting criterion that relates the
returns generated by the project, as measured by average accounting profits AFTER
tax, to avg dollar size of the investment required; AKA simple ROR or unadjusted ROR
acid test ratio - correct answer. (CA-inv)/CL. more stringent measure of liquidity than
current ratio. AKA quick ratio
activity-based costing (ABC) - correct answer. system that accumulates costs on the
basis of production or service activities at a firm. Assigns costs by activity and links
them to specific products
,Activity-based management (ABM) - correct answer. system-wide, integrated
approach that focuses mgmt's attn on activities with the objectives of improving
customer value and the profit achieved by providing this value. ABC is major source of
info for this
advertising - correct answer. any paid form of non personal communication designed
to gain acceptance of the advertiser's message
advertising research - correct answer. carried on as an aid or support function to the
advertising manager
after-tax cash flow - correct answer. the net cash flow (cash rev- cash exp) after taxes
have been subtracted. CF generated from operations
agency relationship - correct answer. consensual arrangement between 2 persons
whereby one agrees to act for the benefit of and under control of the other person
aggregate production planning - correct answer. establishment of aggregate
production and inventory levels over a medium range time horizon
american terms - correct answer. method of exchange-rate quotation that gives the
value of a foreign currency in USD
amortized loan - correct answer. loan that's paid off in periodic equal installments and
includes varying portions of principal and interest during its term
analysis of variances (variance analysis) - correct answer. analysis and investigation
of causes for variances between std costs and actual costs. variance favorable if actual
costs < std costs. unfavorable if actual costs > std costs. need to investigate
unfavorable variances further to determine causes, so corrective action can be taken
annual report - correct answer. audited document issued annually by all publicly listed
corporations to their SH in accordance with SEC regulations. contains info on financial
results and overall performance of the previous fiscal year and comments on future
outlook
application program - correct answer. computer software written specifically to
process data in an IS. Performs tasks and solves problems applicable to a manager's
work
appreciation - correct answer. increase in value of one currency in terms of another
currency. when dollar appreciates, can be exchanged for greater amounts of foreign
currencies
arbitrage-pricing model (APM) - correct answer. theory that relates stock returns and
risk. maintains that security returns vary from their expected amounts when there are
,unanticipated changes in basic economic forces (unexpected changes in industrial
production, inflation rates, terms structure of interest rates, and diff between interest
rates of high and low risk bonds)
area sampling - correct answer. may be used for market research when population
lists are not available. blocks selected at random and residents are interviewed either in
total or randomly (part of market research
artificial intelligence (AI) - correct answer. thinking and reasoning software based on
info inputted into it by a human expert. reasoning process involves self-correction.
significant data are evaluated and relevant relationships uncovered. computer learns
which kind of answers are reasonable and which are not. AI performs complicated
strategies that determine the best or worst way to accomplish a task or avoid and
undesirable result. Ex of applications: tax planning, capital budgeting analysis
assembly chart - correct answer. graphical method for visualizing how the various
parts and subassemblies flow into the assembly process
asset turnover - correct answer. sales/assets. measure of efficiency of asset
management
assignable causes - correct answer. causes of poor quality that are due to problems
with materials, machines, or operators and that can be remedied
assignment problem - correct answer. problem of determining how the assignments
should be made in order to minimize total costs
attribute mapping - correct answer. technique for IDing new products by mapping
product-line attributes; searching for "attribute space" or possible new attribute combos
for new products
B2B (business-to-business) e-commerce - correct answer. using B2B trading
networks, auction sites, spot exchanges, online product catalogs, barter sites, and other
online resources to reach new customers, serve current customers more effectively,
and obtain buying efficiencies and better prices
B2C (business-to-consumers) e-commerce - correct answer. online selling of goods
and services to final customers
baby boomers - correct answer. 78 million ppl born during baby boom, WWII-early
1960s
bailment - correct answer. exists when possession of property belonging to one
person is delivered to another person who intends to assume custody or control over
the property and who expressly or implicitly promises to return it to the owner or dispose
of it as directed by the owner
, bait-and-switch advertising - correct answer. technique by which a g/s is advertised at
a low price with intention of attracting customers, then switching them over to higher-
priced items. seller may have no intention of selling "bait item" cust is often told bait item
is out of stock or inferior
balance of payments - correct answer. relationship between monies received from
exports and monies paid out for imports
balance of trade - correct answer. unit of the balance of payments that reflects the
value of all goods imported and exported by any nation
balanced scorecard - correct answer. approach using multiple measures to evaluate
managerial performance. measures may be financial or nonfinancial, internal or
external, and ST or LT. scorecard allows determination as to whether manager is
achieving certain objectives at the expense of others that may be equally or more
important
bankruptcy - correct answer. a legal procedure through which the ownership of a
firm's assets is transferred to debt holders. inability to pay debts when due. a business
is insolvent in a legal sense when its financial condition is so bad that total liabilities >
FMV of assets
baud - correct answer. serial info transfer speed with which a modem receives and
sends data
benchmarking - correct answer. searching for new and better procedures by
comparing your own procedures to that of the very best
beta (coefficient) - correct answer. measure of risk based on the sensitivity of an
individual stock's returns to changes in the returns of a broad stock market index; AKA
systematic, market, undiversifiable, and relative risk. Beta < 1: co's stock is less risky
than the market
better business bureaus (BBB) - correct answer. local business-supported
organizations that maintain records on local business firms and provide info to
concerned customers. local bureaus are part of a loosely tied national system
bill of materials (BOM) - correct answer. structured parts list that shows the manner in
which the product is actually put together
block diagram - correct answer. diagram using symbols to explain the
interconnections and info flow between hardware and software
bond rating - correct answer. ratings assigned by an agency (such as S7P or Moody's
Investors Service) that provides assessment of bond's credit risk
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