Brooke Sharp

question Product liability answer The legal liability of manufacturers, sellers, and lessors of goods to consumers, users, and bystanders for injuries or damages that are caused by the goods. question Product misuse answer A defense against product liability that may be raised when the plaintiff used a product in a manner not intended by the […]

question what are the 2 Elements of Consideration answer 1) something of legally sufficient value must be give in exchange for the promise 2) There must be a bargain-for exchange question legally sufficient value answer consideration must be something of value in the eyes of the law question what 3 things might legally sufficient value […]

question Individualism answer a belief in the importance of the individual and the virtue of self-reliance and personal independence question Social Darwinism answer strongly reinforced the idea of individualism; survival to the fittest. Although rejected by biologists, this theory from the 1870s is often associated with Herbert Spencer and is said to have justified the […]

question Who first identified cyclical patterns in the economy and created what as often referred to as “The Business Cycle”.? answer Clemente Juglar question Describe the growth part of the business cycle. answer can be called expansion or recovery; occurs when persistent increases in the key, measurements of aggregate economic activities are present question True […]

question Human Resource Management answer The management function focused on maximizing the effectiveness of the workforce by recruiting world-class talent, promoting career development, and determining workforce strategies to boost organizational effectiveness. question Job Analysis answer The examination of specific tasks that are assigned to each position, independent of who might be holding the job at […]

question _____ is the current chairman of the Federal Reserve. answer Janet Yellen question As competition has become truly global, free trade has resulted in ____ prices and ____ quality across virtually every product category. answer lower:higher question Which of the following features best describe a nonprofit? answer product or service, employees, revenue, sales, and […]

question 1) Which of the following is an example of a security threat resulting from malicious human activity? A) an employee who misunderstands operating procedures B) an employee who accidentally deletes customer records C) an employee who inadvertently installs an old database on top of the current one D) an employee who intentionally destroys data […]

question A. picking the new industries to enter and deciding on the means of entry. B. initiating actions to boost the combined performance of the businesses the firm has entered. C. pursuing opportunities to leverage cross-business value chain relationships and strategic fits into competitive advantage. D. establishing investment priorities and steering corporate resources into the […]

question Ohio Gang answer Poker-playing cronies from Harding’s native state who contributed to the morally loose atmosphere of his administration question Adkins vs Children’s Hospital answer Supreme Court ruling that removed workplace protection and invalidated a minimum wage for women question American Legion answer WWI veteran’s group that promoted patriotism and economic benefits for former […]

question McCraw attampts to present the inner workings of americas business world. focuses on the entrepreneur, the company and the industry attempts to create a picture of american business from the vantage point of people working within companies rather than the external perspectives of consumers, governments, or other groups” answer Overview question Competition for market […]

question dispositions answer assets can be disposed of in many ways: TP can sell an asset, donate it to charity, trade it for a similar asset, take it to the landfill, or have it destroyed in a natural disaster, when an asset is disposed of it triggers a realization event for tax purposes (to determine […]

question Capital Expenditure or Revenue Expenditure Costs related to acquiring an asset, such as sales or excise taxes, transportation, and insurance during shipment answer Capital Expenditure question Capital Expenditure or Revenue Expenditure Costs incurred prior to using the asset, such as installation and other costs to prepare the asset for use answer Capital Expenditure question […]

question Accrual-basis accounting answer The companies record in the periods in which the events occur, transactions that change a companys financial statements, even if cash was not exchanged. question Accrued expenses answer Expenses incurred but not yet paid in cash or recorded question Accrued revenues answer Revenues for services performed but not yet received in […]

question Explain the personal qualities shared by successful small business owners. answer Expertise, marketing, entrepreneurship, determination, confidence, cordiality and humility. question List five areas in which a small business owner must have detailed knowledge. answer Marketing, management, human resources, finance and the law. question Explain the importance of seeking additional advice to ensure the successful […]

A: more savings. B: higher debt. C: lower debt. D: fewer stocks. Answer: B: higher debt.

question derived demand answer Business demand that ultimately comes from (derives from) the demand for consumer goods. question marginal product answer The increase in output that arises from an additional unit of input question marginal revenue product answer The addition to total revenue from selling the additional output from employing one more unit of a […]

question What is psycholinguistics? answer the study of the comprehension, production, and acquisition of language question What is the the study of the comprehension, production, and acquisition of language called? answer psycholinguistics question What is grammar? answer the implicit knowledge one has of the structure of a language question What is the implicit knowledge one […]

question Humanistic Psychology answer historically significant perspective that emphasized the growth potential of healthy people and the individual’s potential for personal growth question Experimental Group answer in an experiment, the group that is exposed to the treatment, that is, to one version of the independent variable. question Experiment answer A research method in which an […]

question Psychotherapy answer Therapy that involves talking things out with a psychologist, counselor, or therapist; includes insight therapies and action therapies question Insight Therapies answer Therapies aimed mainly at understanding one’s motives and actions question Action Therapies answer Therapies directed at changing behavior question Biomedical Therapy answer Therapy that uses biological treatments such as medication, […]

question the enduring pattern of inner experiences behavior that is unique to each individual is termed answer personality question the consistencies of one’s personality are called answer personality traits question what differentiates normal personality characteristics from personality disorders answer flexibility question the most important similarity among the personality disorders listed in the text is that […]

question The marketing mix is the blending of the four strategy elements—product, price, distribution, and promotion—to satisfy the target market. answer True question Tangible goods and intangible services both intend to satisfy consumer wants and needs, but the marketing efforts supporting them may be vastly different. answer True question A product is a bundle of […]

question Genetic Engineering answer technology that allows one to manipulate genetic material to obtain certain desired functions question examples of Genetic Engineering answer – Gene Therapy – cloning – transgenic organisms – genetically modified organisms question Gene Therapy answer treatment of a disease due to a malfunction gene by replacing the gene to correct the […]