Mie 201 exam 4 - Study guides, Class notes & Summaries
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MIE 201- Exam 4 Questions and Answers (Graded A)
- Exam (elaborations) • 10 pages • 2024
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MIE 201- Exam 4 Questions and Answers
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MIE 201 Exam 2 Chapters 4, 5, 8 Makanui NCSU Question and answers correctly solved 2023/2024
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MIE 201 Exam 2 Chapters 4, 5, 8 Makanui NCSU Question and answers correctly solved 2023/20243 types of business ownership - correct answer - sole proprietorship 
- partnership 
- corporation 
 
sole proprietorships - correct answer - businesses owned by one individual 
- the most common form of business organization in the United States 
- easiest and least expensive form of business to start 
- ex: tutoring/bookkeeping/landscaping etc... 
 
sole proprietors
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MIE 201 Exam 2 Chapters 4, 5, 8 Makanui NCSU Questions and Answers- Graded A
- Exam (elaborations) • 18 pages • 2024
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MIE 201 Exam 2 Chapters 4, 5, 8 Makanui NCSU Questions and Answers
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MIE 201 EXAM 4 QUESTIONS WITH CORRECT ANSWERS 2024- GRADED A
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MIE 201 EXAM 4 QUESTIONS WITH CORRECT ANSWERS
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MIE 201 Exam 2: Chapters 4, 5, 8 Makanui NCSU Questions and Answers 100% Pass
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MIE 201 Exam 2: Chapters 4, 5, 8 Makanui NCSU 
Questions and Answers 100% Pass 
3 types of business ownership - Correct Answer ️️ -- sole propreitorship 
- partnership 
- corporation 
sole proprietorships - Correct Answer ️️ -- businesses owned by one individual 
- the most common form of business organization in the United States 
- easiest and least expensive form of business to start 
- ex: tutoring/bookkeeping/landscaping etc... 
sole proprietorship advantages - Correct Answer ️️...
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MIE 201 Exam 4 Questions and Answers 100% Pass
- Exam (elaborations) • 26 pages • 2024
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MIE 201 Exam 4 Questions and 
Answers 100% Pass 
marketing - Correct Answer ️️ -group of activities designed to expedite transactions by 
creating, distributing, pricing, and promoting goods, services, and ideas 
functions of marketing - Correct Answer ️️ -buying, selling, transporting, storing, 
grading, financing, market research, risk taking 
exchange - Correct Answer ️️ -the act of giving up one thing (money, credit, labor, 
goods) in return for something else (goods, services, o...
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MIE 201 Exam 4 Chp 11, 12, 13 Questions and Answers- Graded A
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MIE 201 Exam 4 Chp 11, 12, 13 Questions and Answers
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MIE 201 Exam 4 Question and answers rated A+ 2023/2024
- Exam (elaborations) • 21 pages • 2024
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MIE 201 Exam 4 Question and answers rated A+ 2023/2024marketing - correct answer group of activities designed to expedite transactions by creating, distributing, pricing, and promoting goods, services, and ideas 
 
functions of marketing - correct answer buying, selling, transporting, storing, grading, financing, market research, risk taking 
 
exchange - correct answer the act of giving up one thing (money, credit, labor, goods) in return for something else (goods, services, or ideas) 
 
value ...
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MIE 201 Exam 2: Chapters 4, 5, 8 updated to pass 2023/2024
- Exam (elaborations) • 13 pages • 2024
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MIE 201 Exam 2: Chapters 4, 5, 8Chapter 4 - correct answer 
 
Sole Proprietorship - correct answer - One owner 
- Individual income taxed 
- Unlimited liability 
- Owned by a single individual and is the easiest way to conduct business 
 
Advantages of Sole Proprietorship - correct answer - ease and cost of formation 
- secrecy 
- distribution and use of profits 
- flexibility and control of the business 
- most freedom from government regulation 
- taxation: taxed at individual income tax ra...
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MIE 201- Exam 4 2023/2024 updated to pass
- Exam (elaborations) • 13 pages • 2024
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MIE 201- Exam 4 
Customer benefits subtracted by customer costs=____________________ - correct answer Value 
 
American Girl Manufactures dolls for young girls between the ages 3 to 12. This specific group of consumers is the company's __________________ market. - correct answer Target 
 
Which of the following terms accurately describe primary data? 
A. Compiled by the Census Bureau 
B. Compiled Externally 
C. Collected Directly 
D. Observed Directly - correct answer C D 
 
True or False: Seco...
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