Bus100 Study guides, Class notes & Summaries

boundary-spanning department correct answers departments within an organization that reach across the dividing line that separates the company from groups and people in society. business correct answers the most dominant institution in the world. external stakeholder correct answers a stakeholder that is not directly involved with the company. Ex. Government. focal organization correct answers the main/relevant business whose perspective the analysis is from. general systems theory c...

BUS101 Saylor Exam with 100% Correct Answers Business contract theory - answera business is a community of participants organized around a common purpose. Contract theorists see the enterprise being run by employees and managers as a kind of representative democracy. Business as Property - answerThe owner can do whatever he wants Functional Authority - answerFor ex: The authority exerted by an HR manager as coordinator of personnel activities. where managers have formal power over a spec...

EGCC BUS101 Into to Business - Final Exam 2024(Graded at 100%)

Midterm_Exam__Chapters_1 - 8_Remotely_Proctored__ BUS100_93437_Introduction_to_Business 2023 Due Dec 24 at 9:45pm Points 200 Questions 84 Available Dec 24 at 6:30pm - Dec 24 at 9:45pm about 3 hours Time Limit 180 Minutes Instructions It is important to be aware of and manage your time while taking the Midterm and Final Exams. Midterm Exam Location: Garden Grove Room# 204 The Midterm and Final Exams are designed to be completed within the 180 minute time-frame allowed. You will only be ...

Social Benefit - ️️The total benefit to society from producing or consuming a good or service. Social benefit includes all the private benefits plus any external benefits of production / consumption. If a good has significant external benefits, then the social benefit will be greater than the private benefit. Contract Theory - ️️The belief that business is a community of participants organized around a common purpose. These participants have legitimate interests in how the business is...

BUS101 Saylor Exam with 100% Correct Answers Business contract theory - answera business is a community of participants organized around a common purpose. Contract theorists see the enterprise being run by employees and managers as a kind of representative democracy. Business as Property - answerThe owner can do whatever he wants Functional Authority - answerFor ex: The authority exerted by an HR manager as coordinator of personnel activities. where managers have formal power over a spec...

Management Information System (MIS) correct answers A computer system that provides managers with the information they need to perform their jobs as effectively as possible. Its objective is to distribute timely and useful information to the decision makers who need it. IT Officer or Chief Information Officer (CIO) correct answers A manager at the executive level who is responsible for ensuring that a firm has the equipment necessary to provide the information the firm's employees and manage...

Saylor Academy BUS101 Exam

Saylor Academy BUS101 Exam Questios with 100% correct Answers Social Benefit - answerThe total benefit to society from producing or consuming a good or service. Social benefit includes all the private benefits plus any external benefits of production / consumption. If a good has significant external benefits, then the social benefit will be greater than the private benefit. Contract Theory - answerThe belief that business is a community of participants organized around a common purpose. T...

Saylor Academy BUS101 Exam Questios with 100% correct Answers Social Benefit - answerThe total benefit to society from producing or consuming a good or service. Social benefit includes all the private benefits plus any external benefits of production / consumption. If a good has significant external benefits, then the social benefit will be greater than the private benefit. Contract Theory - answerThe belief that business is a community of participants organized around a common purpose. T...