Chloe Barnes

question T/F George purchased a new hair dryer. However, the hair dryer sparked and the coil caught fire. He felt that the product was dangerous to use. In this case, George should voice his concerns to the Federal Trade Commission. answer False question T/F Demographic characteristics are strongly related to consumer buying behavior in the […]

question Managers are: (3 things) answer 1) task oriented 2)achievement oriented 3) people oriented question Managers operate within an? answer Organization question Organization answer a group of people who work together to achieve some specific purpose question Management answer the pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, […]

question The purchase of wheat from a wheat farmer by a bakery answer Is not the purchase of a final good question The purchase of two new elementary school buildings by the state government answer Is the purchase of a final good question The purchase of French wine by a U.S. Consumer answer Is the […]

question explain why marketing managers should understand consumer behavior answer if a manager knows through research that something is the most important attribute to a target market, the manufacturer will redesign the product to include that attribute question components of the consumer decision making process answer 1. need recognition – the result of an imbalance […]

question Traditionally, companies are organized around four distinct functional areas. Which of the following is one of those four areas? answer supply chain management question Which of the following is a core business process? answer make to stock question Whenever an order is placed with online retailers, the retailers put together the order, ship it, […]

question A decision can be said to have improved if it can be made more quickly. answer True question In high-velocity automated decision making, humans are eliminated from the decision chain. answer True question DSS primarily address structured problems. answer False question Business intelligence and analytics are products defined by software vendors. answer True question […]

question Making, Buying, and selling of goods and services within a country answer Domestic Business question Business activity need for creating, shipping, and selling goods and services across borders answer International Business question Countries are _______ and so are there economies. answer Interdependent question When a country can produce a good or service at a […]

question opening case answer JCB – to overstep government regulations, jointed a joint venture with Escorts in India to be able to enter the Indian market – JCB believed indian construction market was ripe for growth and would become very large – didn’t want to transfer know-how to manufacturing venue in case they’d get leaked […]

question Which of the following is NOT a reason why global business should be studied? answer Business conducted outside the confines of any one country is on the decline question What defines the field of global business more than anything else? answer focus on firm performance around the globe (globalization and pendulum view) question More […]

question Market answer Consists of people with unsatisfied wants and needs who have both the resources and willingness to buy question Enterprise Zones answer Governments try to attract private business investment to specific geographic areas known as _________ by offering lower taxes and other government support question Entrepreneurial Team answer A group of experience people […]

question The Windows shell is responsible for interacting with hardware. answer False question The Home editions of Windows 7 do not include the Local Security Policy or Print Management. answer True question You do not have to be logged on as an administrator in order to use tools found in Computer Management. answer False question […]

question Understand what an organization is and identify its characteristics. answer An organization is a group of two or more people working together to achieve a common set of goals. The relationships among positions within an organization can be illustrated by means of an organization chart. Five elements—job design, departmentalization, delegation, span of management, and […]

question wealth answer the economic value of the assets someone possesses question stakeholder answer Someone other than a owner or creditor who potentially has a claim on the cash flows of the firm., including employees, creditors, suppliers and the government question productive assets answer long term assets: !) tangible assets such as equipment, manufacturing facility. […]

question False answer Small and entrepreneurial firms cannot hold their own or gain an edge over successful, more powerful business question False answer Small firms are at a great disadvantage when it comes to competing based on customer service question False answer Although the timing may vary for individuals, the ideal age for starting a […]

question The balanced scorecard ideally looks at a business from four important perspectives relating to: A) low-cost, differentiation, focus, and initiative. B) customers, buyers, suppliers, and substitute products. C) customers, internal factors, capital, and human resources. D) customers, internal factors, innovation, and finances. answer D) customers, internal factors, innovation, and finances. question Porter’s five forces […]

question the two key factors that cause labor productivity to increase over time are: A. the quality of labor per hour worked the level of technology B. the quantity of capital per hour worked and the level of technology C. better environmental standards and stricter labor laws D. the decline in unionization and slacking of […]

question A child is shown two identical tall containers, both half-filled with water. The contents of one container are then poured into a short, wide container. If the child states that both containers still have the same amount, then the child understands the concept of: answer conservation question The Reggio Emilia early-childhood program focuses on: […]

question The classical dichotomy states that answer Real markets determine nominal outcomes, not the reverse question If the central bank increases the growth rate of money supply, what will happen to an economy in the long run? answer Nothing happens to real GDP growth; both inflation rate and nominal interest rate increases question Money neutrality […]

question List five reasons young drivers are involved in more collisions than older drivers answer One-lack of maturity. Two-lack of driving experience. Three-distractions. Four-peer pressure. Five-exposures to alcohol and drug abuse question A driver education course: answer Did you a good start towards becoming a skillful driver question Learning to drive is a: answer Continuous […]

question Which view of data deals with how the data is actually formatted and located? answer Physical view question A data field represents a(n) answer attribute. question Collectively, a person’s name, address, and age would be called a answer record question A _____ in different tables can be used to integrate the data in a […]

question Nonverbal messages answer Can be either intentional or unintentional question ______________is/are the primary means of expressing emotions nonverbally. answer The face question Cosmetics company, Remax, needs to salvage its reputation after a safety scare and product recall. The CEO holds a press conference to reassure consumers that their concerns have been addressed and the […]

question Which of the following is a reason for creating a list instead of creating a database? 1) to organize data for simple tasks 2) to prevent data inconsistency 3) to prevent data redundancy 4) to make it easier to share data in a central location answer 1) to organize data for simple tasks question […]