Anna Collins

question What actions can managers take to compete more effectively in a global economy? (4) answer Managers must consider: 1. the benefits of expanding into foreign markets 2. which strategies to pursue in foreign markets 3.the value of collaboration with global competitors 4. the advantages of strategic alliances question Strategy answer the actions that managers […]

question Kalakaua answer In 1887, white business leaders forced this king to change Hawaii’s constitution to grant voting rights to wealthy land owners. question Pearl Harbor answer In 1887, US military and economic leaders pressure Hawaii to allow the US to build a naval base here. question Alfred T. Mahan answer In 1890, urged by […]

question The most abused illicit drug is answer marijuana question Drugs that reduce pain and numb senses… answer narcotics question Cocaine is a… answer stimulant question Synthesia is… answer the mixing of senses. question ____ is an illicit drug made in labs. answer Meth question Drugs used because they lower anxiety and inhibitions. answer depressants […]

question Elements of a Contract answer 1. Agreement between 2. Competent Parties with 3. Genuine Assent supported by 4. Consideration for a 5. Legal Object/Purpose and in a 6. Legal Form if any is required question Privity answer Definition: succession or chain of relationship to the same thing or right, such as privity of contract, […]

question Understand why financial management is important in today’s uncertain economy. answer Financial management consists of all activities concerned with obtaining money and using it effectively. Financial management can be viewed as a two-sided problem. On one side, the uses of funds often dictate the type or types of financing needed by a business. On […]

question (T/F) The income statement of a firm shows the value of its assets and liabilities over a specified period of time. answer False question (T/F) Net working capital to total assets and current ratio are both liquidity ratios. answer True question Other things equal, an increase in average accounts receivable will increase a firm’s […]

question Which of the following technologies transparently distributes traffic across multiple servers by using virtual IP addresses and a shared name? answer Network Load Balancing ***Network Load Balancing (NLB) transparently distributes traffic across multiple servers by using virtual IP addresses and a shared name. With NLB, you gain fault tolerance and enhanced performance. It is […]

question Entrepreneurship answer accepting the risk of starting and running a business question what does it take to be an entrepreneur? answer self directed, self nurturing, action oriented, highly energetic, tolerant of uncertainty, lucky question five steps to starting your business in school answer 1. find a problem or need (marketing: satisfy that need) 2. […]

question Which is true of partnerships? answer Each partner is responsible for all business debts question A group of three plants which is owned operated by a single firm and which consists of a farm growing wheat, a flour-milling plant, and a plant which bakes and sells bread would best be an example of… answer […]

question Which of the following is equivalent to average total cost? a)Fixed cost plus variable cost. b)Fixed cost and variable cost added together and then divided by output. c)The change in total cost divided by the change in output. d)Marginal cost plus variable cost. answer b)Fixed cost and variable cost added together and then divided […]

question In city traffic, a driver often makes ____ decisions per mile. answer 50-60 question Risk compensation involves answer recognizing potential errors or limitations question Risk is always present answer True question Studies indicate that drivers who do not wear safety belts tend to take more risks while driving than drivers who do wear safety […]

question What are the essential attributes of good software? answer Maintainability, Dependability and security, Efficiency and acceptability question What are the two fundamental types of software product? answer Generic products that are designed to meet the needs of many different customers. Customized products designed to meet the specific needs of a single customer. question What […]

question developmental psychology answer a branch of psychology that studies physical, cognitive, and social change throughout the life span question zygote answer the fertilized egg; it enters a 2-week period of rapid cell division and develops into an embryo question embryo answer the developing human organism from 2 weeks after fertilization through the second month […]

question What three trends have had the greatest impact on increased global business in the past few years? answer 1. Privatization of companies formerly owned by governments 2. falling borders 3. growing sophistication of information technology. question Culture as Hellriegel, slocum, and Woodman define it.. answer the pattern of living, thinking, and believing that is […]

question Tools gathering information from sources such as emails, texts, and tweets and make the information instantly and publicly available for use in emergencies. answer Crisis-Mapping question The gap between those who have easy access to the Internet and technology those who do not answer digital question results when leisure time and tools allow us […]

question A tall organization structure consists of multiple levels of management. answer TRUE question A(n) __________ consists of one person at the top of the organization and many levels of managers who are responsible to that person. answer hierarchy question According to the Adapting to Change box titled “When Open Communication Should Not Be So […]

question 1. Which of the following is NOT a path to full-time business ownership? A. Franchising B. Stand retailing C. Starting a new business D. Buying an existing business answer B. Stand retailing question 2. A legal agreement that allows a business to be operated using the name and business procedures of another firm is […]

question Investors and creditors can use the information in the income statement to.. answer -Evaluate the past performance of the enterprise -Provide a basis for predicting future performance -Help assess the risk or uncertainty of achieving future cash flows question Expenses include all of the following except.. answer Loss on sale of investments question In […]

question The accounting equation can be stated as: answer D. A-L-OE = 0. question Examples of external transactions include all of the following except: answer C. Depreciating equipment. question Examples of internal transactions include all of the following except: answer D. Paying wages to company employees question XYZ Corporation receives $100,000 from investors for issuing […]

question 1. What is a standardized set of activities that accomplishes a specific task, such as processing a customer’s order? Transaction Business process Expense Marketing answer Business Process question 2. What is calculated by dividing the firm’s sales by the total market sales for the entire industry? Break-even point IRR Market share Income statement answer […]

question Corporation answer A business organized under state or federal statutes as a separate legal entity; distinct and separate form the individuals who create and operate it question Stock answer Shares of ownership of a corporation question Stockholders (shareholders) answer Those who own the stock and the corporation; can buy and sell stock without affecting […]

question You have been tasked with designing a workstation that will run VMware Workstation virtualization software. It will be used by a software engineer to run virtual machines for application development and testing. Which criteria should be included in your design for this system? answer 64-bit processor with 8 cores RAM configured to run in […]