Exam (elaborations)
BUS 101 Final Exam Questions And Answers Latest Update
- Course
- BUS 101
- Institution
- University Of Southern California
BUS 101 Final Exam Questions And Answers Latest Update
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Solution 2024/2025Pepper
BUS 101 Final Exam Questions And Answers
Latest Update
Businesses engage in environmental protection activities to show their
responsibility to their general public stakeholders. ANS✔✔ True
The critical path method (CPM) is used to design, test, and modify new and
existing products. ANS✔✔ False
A tall organization structure has many managerial levels and a long chain of
command. ANS✔✔ True
Management involves: ANS✔✔ all of the above: Leadership controlling
organizing planning
One of the documents that help human resource planners find the right
person for a specific job is a list of tasks and responsibilities required of the
job. This document is known as a: ANS✔✔ job description
Service companies generally use a repetitive or intermittent production
process rather than the continuous process. ANS✔✔ True
A well-designed product transcends cultural barriers. It does not need to be
changed to suit different countries or cultures. ANS✔✔ False
, Solution 2024/2025
Pepper
Retained earnings are the amounts left over from profitable operations
since the firm's beginning. They are equal to total profits minus all dividends
paid to stockholders. ANS✔✔ True
Economics is the study of a society's financial institutions. ANS✔✔ False
The marketing concept: ANS✔✔ all of the above: achieves long-term
organizational goals, integrates all of the company's activities to satisfy
customer wants, focuses on customer wants so the company can
differentiate its product from its competition, satisfies customer wants and
needs legally and responsibly
A current asset is one that can or will be converted into cash within one
year. ANS✔✔ True
_____ is the set of moral standards for judging whether something is right or
wrong. ANS✔✔ Ethics
_____ is the gap between what is and what is desired, and _____ is the gap
between what is and what is required. ANS✔✔ a want; a need
Employee ownership creates too much stress and is a poor motivator.
ANS✔✔ False
Types of promotional goals include creating awareness, increasing the use
of products, and identifying potential customers. ANS✔✔ True
Internet retailing is also called e-retailing. ANS✔✔ True
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