Jacob Herring

question integrity (63) answer one of the most important and oft-cited elements of virtue refers to being whole, sound, and in an unimpaired condition relates to product quality, open communications, transparency, and relationships. question honesty answer refers to truthfulness or trustworthiness Confucius defines: junzi: honest person ren: one who has the virtue yi: another honesty […]

question You buy a hover board from Amazon. answer Yes, Consumption question You and your family paint your house. answer No, Non-market Transaction question You buy 100 shares of Microsoft. answer No, Purely Financial Transaction question You are paid to babysit your neighbor’s son, but don’t report the income on your tax return. answer No, […]

question The Council of Economic Advisers (CEA) advises the President on answer economic matters, and provides recommendations for discretionary fiscal policy action. question The government’s fiscal policy options for ending severe demand-pull inflation include answer reducing government spending, increasing taxes, or both. question For a person who wants to preserve the size of government, the […]

question Refer to the above diagram, the phase of the business cycle from points A to D are, respectively: trough, recovery, expansion, peak. peak, recession, trough, expansion. expansion, recession, trough, peak. peak, recession, expansion, trough. answer B question A peak in the business cycle: occurs when the unemployment rate is its greatest. occurs when the […]

question Customer Service answer The ability of knowledgeable, capable, and enthusiastic employees to deliver products and services to their internal and external customers in a manner that satisfies identified and unidentified needs and ultimately results in positive word-of-mouth publicity and return business. question Service Industry answer A term used to describe businesses and organizations that […]

question A mathematical operator for division answer / question Either individual criterion must be true in order for the compound criterion to be true. answer OR criterion question Use to select values in a list answer IN question Represents any individual character. answer ? question A comparison operator. answer NOT question Row that displays in […]

question Which of these statements accurately describe the evolution of the workplace and the impact on security (Choose three) A. Mobility causes location borders to shift. B. Cloud services cause end-user locations to shift. C. Cloud services cause application borders to shift. D. IT Consumerization causes location borders to shift. E. IT Consumerization causes device […]

question In sequential order, the four phases of the business cycle are answer Peak, recession, trough, and expansion question The length of a complete cycle answer Varies from about 2 to 3 years to as long as 15 years question Seasonal variations and long-run trends complicate the measurement of the business cycle because normal season […]

question In what SDLC stage do we determine the business needs for an information systems project? answer The design phase question System design is the determination of the overall system architecture-consisting of a set of physical processing components, _______________, and the communication among them-that will satisfy the system’s essential requirements. answer hardware, software, and people […]

question E-Commerce answer accelerated and enhanced by IT, enabling new and powerful relationships to form. question E-Commerce vs. Brick and mortar answer E-Commerce breaks down business barriers like time, geography, language, currency + culture question Path To Profitability (P2P) answer formal business plan outlining issues like customer targets, marketing strategies, operations strategies and projected targets […]

question Concerning the threat of nuclear devices used in terrorist? attacks, which of the following is MOST likely to be used in such an? attack? answer Sabotage of facilities for nuclear research question Dangerous organisms that can grow in a variety of environments and are capable of producing toxic substances are known? as: answer bacteria. […]

question planning and executing the conception, pricing, promotion, and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational objectives answer Marketing (American Marketing Association) question the creation and maintenance of satisfying exchange relationships answer Marketing (textbook) question marketing that involves product development answer Creation question indicates that marketing must continue […]

question It is recommended that appropriate goals be short term or long term goals? answer a combination of short- and long- term goals question Focusing on performance (as opposed to outcome goals) during competition has been shown to be associated with _____ anxiety and _____ performance. answer less anxiety and superior performance question Which of […]

question A key to successful customer relationship management is to: answer collect, manage, and apply the right data at the right time to the right customer. question Utility is the ability of goods and services to satisfy consumer “wants.” answer True question Business marketers only direct their efforts to people who purchase their products for […]

question what is organizational culture? answer a firm’s shared values, beliefs, traditions, philosophies, rules and role models of behavior. example:TOM’s culture of donation to kids in developing countries question what is organizational structure? answer the arrangement or relationship of positions within an organization. question What is an organizational chart? answer a visual display of the […]

question pay attention to any tips offered by your instructors answer What should you do to help gain control of the test situation? question always read any long paragraphs of reading before reading the questions that follow answer What is NOT one of the strategies associated with deductive reasoning? question mark any questions you skip […]

question T/F: Project members should either have strong technical skills or soft skills answer false question T/F: Adding more people to a project that is falling behind schedule often causes more setbacks because of the increased complexity of communications answer true question T/F: People have different personality traits that often affect their communication preferences answer […]

question The triple bottom line is the main core concept of which of the following disciplines? answer c. Sustainability question In conversations with a close friend about responsible management… answer c. You approach the topic from a responsibility perspective, while she approaches it from a sustainability perspective question 3. Imagine a company that primarily conducts […]

question Tort answer a violation of a duty imposed by the civil law question Defamation answer a defamatory statement that is false, uttered to a third person, and causes an injury. Opinion and privilege are valid defenses. question False imprisonment answer the intentional restraint of another person without reasonable cause and without consent. question Battery […]

question what you do when you think no one is watching answer Ethics question well-established rules of right and wrong that prescribe what humans ought to do answer Ethics question how personal moral norms and choices apply to the activities and goals of commercial enterprise answer Business Ethics question consideration of the moral context, antecedents, […]

question Country A is extremely efficient in the mining of tin. However, its climates makes it difficult to produce corn. Concentrating its production on tin and buy corn from an efficient producer is what theory? answer theory of Comparative advantage question As a business strategy, the strategy behind “dumping” is to _____ answer Gain a […]

question Business Goal answer Profit question Tangible Products answer A tangible item like a car, computer, phone, coat, etc. question Intangible Products answer A service. (A machine or people provide or process something of value to a customer) Dry cleaning, a checkup, etc. question Supply answer Number of products that businesses are willing to sell […]