Bus 101 - Study guides, Class notes & Summaries

BUS 101 EXAM 1 – ELLIOTT WITH 100% CORRECT ANSWERS 2024

EGCC BUS 101 Intro to Business - Final Exam (Complete Solutions, Answered) One of the primary goals of Burberry, a British retailer, is to expand its market. When the company allocated resources so that it could open two stores in Japan, it was engaged in which management function? Organizing Which of the following statements about utilitarianism is true? Utilitarianism is designed to create both winners and losers. T/F; The strategy that is based on the demand for the product and the cost of ...

Articles of incorporation usually specify the life of a corporation as a certain number of predetermined years. ANSWER: False The opposite of free trade is protectionism. ANSWER: True Which type of business organization experiences the least governmental regulation? ANSWER: Sole Proprietorship _____ are products that are bought from one country for use in another just as the U.S. buys wood pulp and timber from Canada. ANSWER: Imports The United States buys copper from Chile's Escond...

B. profits In the us, economy, _____ are considered the reward for the risk of entering business. A. revenues B. profits C. sales D. generated income amounts D. natural resources, human resources, capital The factors of production in an economic system are: A. land, rent, capital, human resources B. captial, perserverance, human resources, natural resources C. rent, wages, interest, profit D. natural resources, human resources, capital Brainpower 0:04 / 0:15 B. False ...

QUESTIONS AND ANSWERS

Student Responsibility According to "The Catalog": Advisors, department chairs, and deans are available to help the student understand and meet these requirements; but - correct answer The student is responsible for filling them Degree - correct answer Bachelor of science or bachelor of arts for economics only Curriculum Year - correct answer The catalog that defines your curriculum requirements Major - correct answer The curriculum you complete to receive a degree Minor - correct ...

BUS 101 Final Exam Pool -with 100% verified solutions-2023-2024

QUESTIONS AND ANSWERS

tangible products - correct answer goods (ex. shoes, vegetables, phones) intangible products - correct answer services (ex. health care, education) mission statement - correct answer powerful, short description of a business's purpose; broadly focused to ensure endurance, and must be flexible vision statement - correct answer company's "road map"; points to future and where business is trying to go stakeholders - correct answer All the people who stand to gain or lose by the poli...