Ben Stevenson

question Gross Domestic Product (GDP) is answer the market value of all final goods and services produced in a country during a period of time. question In the circular flow of expenditure and income, why must the total value of production in an economy equal the total value of income? answer Every penny spent on […]

question A budget serves as much as a control tool as a planning tool because ________. A) it aids in the coordination and communication among various business functions B) it helps to evaluate customer needs and feedback C) it is a benchmark against which actual performance can be compared D) it helps to make predictions […]

question Andrew Carnegie answer achieved an abnormal rise in class system (steel industry), pioneered vertical integration (controlled Mesabie Range to ship ore to Pittsburgh), opposed monopolies, used partnership of steel tycoons (Henry Clay Frick as a manager/partner), Bessemer steel process question Standard Oil Trust answer small oil companies sold stock and authority to Rockefeller’s Standard […]

question The ________ functions as a bridge between the human side of the information system components and the computer/automation side. answer data question Customer numbers and their names are examples of the ________ component of an order management information system. answer data question ________ refers to the ability to model system components and show how […]

question Game plan answer A business plan is best described as a question 3 to 7 years answer A business plan should generally project financial and operational aspects of the proposed business for the first question An ongoing process answer Writing a business plan should be thought of as question Investors and lenders answer The […]

question What was the Bessemer process? What effect did it have on American industry? answer it purified iron to create steel, changed construction question list two methods that corporations used to maximize profit answer paying workers low wages and paying lower prices for raw material question Identify a company or an entrepreneur that practice each […]

question which is NOT a technology that has been used to deliver assistance during times of crisis answer QR Codes question Cognitive surplus means that we now find many people with answer excess time and free tools for collaboration question collaborative consumption is when people get together to answer increase the use of a single […]

question 62. An example of the external labor market is the situation where a. an assessment center operated by an external consulting firm evaluates company managers for promotion potential. b. a new vice president of marketing is hired from a competitor. c. the senior vice president of finance is promoted to CEO. d. a vice […]

question Mix answer The particular assortment of products a business offers to meet market needs and company goals is its product question Item answer Each individual good,services or idea a business offers for sale is known as a product question Kraft convenience foods answer Which of the following is an example of a product line: […]

question Property management begins with a A) time commitment of the manager. B) commission understanding. C) marketing plan. D) management plan. answer d question All of the following are important functions of a property manager EXCEPT A) supervising the maintenance of the property. B) preparing the owner’s income tax returns. C) meeting the functional requirements […]

question Risk utility rises at a decreasing rate for a _____ person. answer risk-averse question Those who are _____ have a higher tolerance for risk, and their satisfaction increases when more payoff is at stake. answer risk-seeking question A _____ person achieves a balance between risk and payoff. answer risk-neutral question _____ involves deciding how […]

question Foreign policy answer Framers thought congress should set foreign policy question Electoral College answer 538 electors, 435 in House, 100 in Senate, 3 from DC To win presidency, a candidate needs simple majority (270) votes question Order of Electoral College answer President Chief legislature Chief Economist Party leader Chief diplomat Commander in Chief Chief […]

question A manager taking corrective actions when the organization experiences unexpected disturbances is performing within the ________ or managerial roles. A. Informational category B. Decisional category C. Interpersonal category answer B. Decisional category question The ability to persist in the face of adversity is referred to as the _____ dimension of emotional intelligence. A. Self-management […]

question True answer The first step in asset management is to inventory all the components on the network.? question True answer Cipher locks are not designed for physical security, such as on an outside door. question False answer Any device in an ICS that is motorized and can control the physical system is called a […]

question The process of ______________ begins with the choice of one or more variables to use as a basis for grouping customers. answer global market segmentation question Which of the following involves grouping people in terms of their attitudes, values, and lifestyles? answer Psychographic segmentation question The attempt by global companies to pinpoint high-income consumers […]

question Forward integration answer takes information entered into a given system and sends it automatically to all downstream systems and processes question Backword integration answer Takes information entered into a given system and sends it automatically to all upstream systems and processes question enterprise systems answer Provide enterprise wide support and data access for a […]

question Cyclical unemployment answer occurs because of recessions question Martin Shore lost his job when General Motors closed its local plant. He has been visiting the personnel offices of the other factories in the area looking for a new job. he is answer a member of the civilian labor force who is unemployed. question A […]

question Financing with earnings is an option under what circumstances? A) A company is profitable and has positive cash flow from operations. B) A company is profitable and has negative cash flow from operations. C) A company has no debt and is growing. D) A company needs debt to survive. E) None of the above […]

question Employee Development answer Combination of formal education, job experiences, relationships, and assessment of personality and abilities to help employees prepare for the future of their careers. Development is about preparing for change in the form of new jobs, new responsibilities, or new requirements. question Development answer “Future Oriented” Implies learning that is not necessarily […]

question Assurance answer A pledge question Asylum answer A place for safety question Console answer To comfort OR the keyboard of an organ question Dilate answer To expand upon question Dross answer Refuse question Dwindle answer To lessen, diminish question Flippant answer Lacking in seriousness question Immunity answer Resistance to disease question Institute answer To […]

question means translating principles based on best evidence into organizational practice, bringing rationality to the decision making process. answer evidence based management question includes three viewpoints-classical, behavioral, and quantitative answer historical perspective question also includes three viewpoints-systems, contingency, and quality management answer contemporary perspective question under historical perspective emphasizes finding ways to manage work more […]

question The unwritten, common rules and perceptions about relationships among people and between employees and management refer to the social contract answer True question Glenn Rink, founder of Abtech Industries, used the “drop back and punt” method when his product of oil-spill absorbing sponges was met with a cool response. He focused on small scale […]