Gracie Stone

question Forecasting answer the art and science of predicting future events. question Time horizons fall into three categores answer 1. Short-range forecast 2. medium-range forecast 3. long-range forecast question three types of forecasts answer 1. economic forecast 2. technological 3. demand question economic forecast answer address the business cycle by predicting inflation rates, money supplies, […]

question Which form of access control enforces security based on user identities and allows individual users to define access controls over owned resources? answer DAC question Which type of access control focuses on assigning privileges based on security clearance and data sensitivity? answer MAC question In which form of access control environment is access controlled […]

question Until the 1980s, project management primarily focused on providing schedule and resource data to top management in the military, computer, and construction industries. Today’s project management involves much more, and people in every industry and every country manage projects. answer True question A difference between operations and projects is that operations end when their […]

question The four tasks involved in completing business reports and proposals include all of the following except answer Illustrating question The revision process for business reports is essentially the same as it is for other messages, except that it answer may take considerably more time question The prefatory parts of a report should answer help […]

question In 1887, white business leaders force King ___________________ to change Hawaii’s constitution to grant voting rights only to wealthy landowners. answer Kalakaua question In 1887, U.S. military and economic leaders pressure Hawaii to allow the United States to build a naval base at ___________________. answer Pearl Harbor question In 1890, urged by such leaders […]

question Values provide the context within which a society’s norms are established and justified. True False answer t question Rituals and symbols are the most visible manifestations of a culture and constitute the outward expression of deeper values. True False answer t question There is a strict one-to-one correspondence between a society and a nation-state. […]

question Economic or pure rent is: A. a payment made for the use of housing, factory buildings, or capital goods. B. a payment for resources used in the production of “free goods.” C. a payment for the use of those resources whose supply is perfectly elastic. D. the price paid for the use of land […]

question A compulsive worker may be identified by which of the following traits? answer They insist on doing every project individually question Being promoted is likely to change your priorities because you will have _______. answer New responsibilities to learn and people will expect much from you question If you focus on the present now, […]

question In a socialist system, citizens are dependent on ______ for many goods and services. answer the government question T/F? A product’s equilibrium price is constantly changing in response to changes in economic conditions, availability of resources, and degree of competition. answer true question In the history of the American economy, the period or stage […]

question Accord and Satisfaction answer A common means of settling a disputed claim, whereby a debtor offers to pay a lesser amount than the creditor purports to be owed. question Adhesion Contract answer A standard- form contract in which the stronger party dictates the terms. question Blue Sky Laws answer State laws that regulate the […]

question A grocery store is an example of a retailing business. answer True question The innovations and technological changes developed by large corporations have led to a greater number of small businesses. answer False question Although entrepreneurs make a lot of money, they cannot choose a business that interests them. answer False question Performing a […]

question International Business answer The buying, selling, and trading of goods and services across national boundaries. question Absolute Advantage answer A monopoly that exists when a country is the only source of an item, or the most efficient producer of an item. question Comparative Advantage answer The basis of most international trade, when a company […]

question Government and business together establish the regulatory rules under which business operates in society. answer F question In Europe, unions are prohibited by law to be on businesses’ administrative boards. answer F question A cooperative government-business relationship on one issue does not guarantee cooperation on another issue. answer T question Public policy is a […]

question T/F Voluntary consent may be lacking because of misrepresentation but not because of a mistake. answer F question T/F A material fact is a fact that a reasonable person would consider important when determining his or her course of action. answer T question T/F Any party who does not receive what he or she […]

question What is THE most important day that you should be in attendance in your classes? answer The first day of class question To earn academic credit in a business course, a student must attend at least ____ percent of all class sessions for that course, regardless of why you missed the classes. answer 75% […]

question The Union Pacific and Central Pracific companies began in Omaha and Sacramento and met in Promontory Point in Utah to build this. answer Transcontinental Railroad question more direct routes, greater speed, greater safety and comfort, more dependable schedules, a larger volume of traffic, and year-round service answer Advantages of railroads question Baltimore and Ohio, […]

question 1. The aggregate demand curve: A) is upsloping because a higher price level is necessary to make production profitable as production costs rise. B) is downsloping because production costs decline as real output increases. C) shows the amount of expenditures required to induce the production of each possible level of real output. D) shows […]

question Expressing plans for a business in financial terms is commonly called: a. Operational planning. b. Strategic planning. c. Budgeting. d. Master planning. answer b. question Budgeting that involves the development of a master budget to direct the firm’s activities over the short-term is referred to as: a. Operations budgeting. b. Capital budgeting. c. Strategic […]

question Which of the following groups of accounts have a normal debit balance? answer Assets, Expenses question Which of the following applications of the rules of debit and credit is true? answer increase Supplies Expense with a debit and the normal balance is a debit question Which of the following accounts is an asset account? […]

question It is important that data being imported from a text file into Access are separated by a character, such as a comma, which defines the text file as a(n) ____ text file. answer delimited question A database management system is a useful tool only if it meets which of the following criteria? answer meets […]

The primary aim of strategic management at the business level is __________________. A. maximizing risk-return tradeoffs through diversification B. achieving a low cost position C. maximizing differentiation of products and/or services D. achieving competitive advantage D. achieving competitive advantage Primary value chain activities that involve the effective layout of receiving dock operations (inbound logistics) and […]

Answer: DSL, Wi-Fi, fixed wireless