Posts by Jonathan Walsh:
question Harold, a variable annuity applicant does not request the premium be invested in a stock or bond portfolio during the cancellation period. The policy is returned to the company within the cancellation period. What is Harold entitled to receive? answer The entire premium. question Any transaction that involves purchasing a life insurance policy and […]
Read morequestion Blind Style managers answer Thrive in situations in which they can demonstrate their expertise and experience. Someone you can depend on to get the job done, someone to train the group of overconfident new hires, someone who can command authority in a crisis question Hidden management style answer Are interested in people, are good […]
Read morequestion A) converting the strategy (and any associated strategic plan) into actions and good results. answer Once company managers have decided on a strategy, the emphasis turns to A) converting the strategy (and any associated strategic plan) into actions and good results. B) empowering employees to revise and reorganize value chain activities to match the […]
Read morequestion Theocracy answer a political system in which a country’s religious leaders serve as its political leaders question Advantage of conducting business in totalitarian nations answer international companies are less likely to face local political opposition to their activities question capitalism answer philosophy that asserts that ownership of the means of production belongs in the […]
Read morequestion The withdrawal of cash by the owner will answer Decrease owner’s equity question Which of the following is a business event that is considered a recordable transaction? answer A customer purchases merchandise question The cost principle relates most closely to the answer Valuation issue question All the following items would appear on the blance […]
Read morequestion An individual who purchases insurance is: a. The insurance company b. A policyholder c. An insurer d. A victim e. An employer answer A policyholder question What is the fee that a policyholder pays when an insurance company agrees to take on the risk? a. Coverage b. Insured c. Premium d. Peril e. Risk […]
Read morequestion work breakdown structure answer tool used for project planning question work breakdown structure answer WBS stands for question components, subcomponents, activities, and tasks answer a WBS breaks down a project into ? (4) question project answer a WBS organizes the work to be done on a ? question modules answer project is broken down […]
Read morequestion Which of the following is the primary purpose of accounting? A. To establish a business. B. To identify, record, and communicate business transactions. C. To earn a large profit. D. To reduce taxes owed for the business. E. To establish credit for a company. answer B. To identify, record, and communicate business transactions. question […]
Read morequestion A group of people who share traits and have similar product needs is known as a: a. demographic. b. population. c. market segment. d. market. answer c. market segment question ________ is the process where distinct market segments are identified. a. Market study b. Market division c. Market analysis d. Market segmentation answer d. […]
Read morequestion A grouping of characters into a word, a group of words, or a complete number is called a record. answer F question A DBMS separates the logical and physical views of data. answer T question NoSQL technologies are used to manage sets of data that don’t require the flexibility of tables and relations. answer […]
Read morequestion $0, -$20,000 answer A firm’s total revenue equals $30,000, implicit costs equal $20,000, and explicit costs equal $30,000. Their accounting and economic profit respectively equal question zero answer If a firm’s total revenue equals their explicit cost, this means their accounting profit will equal: question d answer In the long-run, all perfectly competitive firms: […]
Read morequestion New York Times columnist Thomas Friedman noted that globalization has leveled the competitive playing fields between industrial and emerging-market countries. This phenomenon proposes that ____. answer the world is flat question T/F There are two levels of management in an organization: top and first-line. answer False question A national sales organization has implemented a […]
Read morequestion evidence-based management answer translating principles based on best evidence into organizational practice, bringing rationality to the decision-making process. question there are few really new ideas, doing well usually dominates answer evidence-based management is based on 3 truths: 1) ___, 2) true is better than new, 3) question historical and contemporary answer 2 overarching perspectives […]
Read morequestion a product refers to.. A) a tangible good received in exchange for a person’s time and effort B) intangible activities or benefits that an organization provides to satisfy consumers’ needs in exchange for money or something else of value C) a good that has in some way been altered, combined, or improved and sold […]
Read morequestion What type of skills tends to be equally important at all levels of management? answer human skills question involves managing by daily production of goods and services answer operations management question groups, such as shareholders, employees, customers, suppliers, governments, and local communities, on which the organization depends for long-term survival answer primary stakeholders question […]
Read morequestion The economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs is known as answer sustainability Sustainability is meeting the needs of the present without compromising the ability of future generations to meet their own needs. question Which type of nonprofit organization offers […]
Read morequestion *a. True b. False answer Directing and managing project execution involves carrying out the project management plan by performing the activities included in it. question *a. True b. False answer Many people consider project integration management the key to overall project success. question a. True *b. False answer Project integration management must occur just […]
Read morequestion ________ is the use of information technology to support the sharing of content among networks of users. answer Social media. question Which of the following statements is a characteristic of social media (SM) user communities? answer Most users of SM belong to several different user communites. question Social media (SM) communities differ from regular […]
Read morequestion planning schedule management answer The first process involved in project time management is _____ . question Defining activities answer Which of the following processes in project time management involves identifying the specific tasks that the project team members and stakeholders must perform to produce the project deliverables? question Defining activities answer In project time […]
Read morequestion By the time half semester is finished, you must have half the semester finished. answer Base pay guarantees that students will get that base salary. question Education – (process) answer A process of human growth by which one gains greater understanding and control over oneself and one’s world. question Schooling – (formalized process/varies little) […]
Read morequestion T/F: An overseas operation that is totally owned and controlled by an MNC is a wholly owned subsidiary. answer TRUE question T/F:The primary reason for the use of licensing agreements is a desire by the MNC for total control over its products in overseas markets. answer FALSE question T/F:A joint venture is an agreement […]
Read morequestion disruptive technology answer a new way of doing things that initially does not meet the needs of existing customers. (cheaper more accessible versions). tend to open new markets and destroy old ones question sustaining technology answer an improved product customers are eager to buy (ex: faster car, larger hard drive). improvements in existing markets. […]
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