Maisie Clarke

question A bicameral legislature is one that has answer two chambers or houses question Which is the best description of the K Street Project? answer It was an attempt to place former Republican staffers in key lobbying positions to help ensure a large flow of corporate donations to the Republican Party. question Which of the […]

question A company’s strategy concerns A. Its market focus and plans for offering a more appealing product than rivals B. How it plans to make money in its chosen business C. Management’s action plan for running the business and conducting operations—its commitment to pursue a particular set of actions in growing the business, staking out […]

question The advent of project management has been most profound in answer Information technology question Which of the following is not considered to be a characteristic of a project? answer Only for internal use question From among the following activities, which is the best example of a project? answer Writing a term paper question Which […]

question Bait and switch answer Unlawful deceptive practice that lures customers into ta store by advertising a product at a lower price than usual prices (bait) then induces the customers to switch to a high price model (the switch) question Break Even Analysis answer Technique that evaluates the relationship between total revenue and total cost […]

question Business Plan answer A document that describes in detail a new business and the strategies to launch that business. question Explain those circumstances and types of businesses where you could start a business before writing a detailed business plan. answer Answer: question What would investors be most interested in a business plan? Why? answer […]

question Average total cost equals total cost _______ by output. answer divided question What is the definition of economies of scale? answer Reductions in the average total cost of producing a product as the firm expands the size of its plant (its output) in the long run. question When cost curves shift, it is die […]

question The best definition of GDP is: A. The sum of the physical amounts of goods and services in the economy. B. A dollar measure of output produced during a given time period. C. A measure of the per capita economic growth rate of the economy. D. A physical measure of the capital stock of […]

question System software answer Background programs that control a computer system question Application software answer Programs that allow a user to perform specific tasks on a computer question Operating system answer A collection of programs that manage and coordinate the activities taking place within a computer system question Multitasking answer Ability of an operating system […]

question What is an information system (non computerized)? answer A group of components that interact to produce information. question What is a computerized information system? answer A five component framework of Computer hardware Software Data Procedures People question What is hardware and what is software? answer The electronic components and associated gadgetry that constitute a […]

question Characteristics of a good tax according to Adam Smith answer – Fair (reflect person’s ability to pay) – Absolute (certain not arbitrary) – Convenient (easy to pay) – Efficient (low collection costs) question 3 major principles of good tax policy answer Equity Efficiency (PAYE system) Economic effects question 2 types of taxes answer – […]

question *The Gilded Age answer A term coined by Mark Twain to describe the post-Reconstruction era. question *Laissez-faire answer Doctrine stating that government generally should not interfere in private business question Subsidy answer A payment made by the government to encourage the development of certain key industries question *Blue law answer Regulation that prohibited certain […]

question The reasons a government may nationalize a firm include: A. to extract more money from the firm. B. to increase the firm’s profitability. C. to preserve jobs. D. all of the above. E. two of A, B, and C. answer D. all of the above. question The reasons a government may nationalize a firm […]

question A firm’s plan or recipe for how it creates, delivers, and captures value for its stakeholders. It represents the core aspects of its business. answer Business Model question Depicts existing plans or recipes firms can use to determine how they will create, deliver, and capture value for their stakeholders. answer Standard business Model question […]

question Ethics answer Moral principles and values applied to social behavior question Business Ethics answer Ethics in a business context; a consensus as to what constitutes right or wrong behavior in the world of business and the application of moral principles to situations that arise in a business setting. question Moral Minimum answer The minimum […]

question Political Influences answer The Family Social Groups Differences in Education Political Conditions question Elisebeth Noelle-Neumann answer Psychologist Spiral of Silence Conscious or unconscious acceptance of a groups beliefs and opinions question Gender Gap answer A distinct pattern of voting behavior reflecting the differences in views between women and men question Agencies of Socialization answer […]

question Sports Management Structures answer clubs, leagues, professional tournaments question The Club System answer England: birthplace of modern sport and sport management 18th century: development of sport clubs with limited membership 19th century: continued clubs evolution with standardizing of rules, settling disputes, and organizing schedules question Thoroughbred Racing answer Races drew broad and diverse audience […]

question Twelfth Amendment answer An amendment to the Constitution, adopted in 1804, that specifies the separate election of the president and vice president by the electoral college. question Chief of State answer The role of the president as ceremonial head of the government. question Chief Executive answer The role of the president as head of […]

question App Bars answer Bars that float above the screen and that contain applications such as the Tabs bar and the Address bar; a new feature of Internet Explorer 10. question Application Programming Interface (API) answer A set of software routines that allows one software system to work with another. question Application Software answer The […]

question Prioritization answer ability to understand the relative importance of different goals and activities (time, responsibility, accountability, significance, impact on others) question Delegation answer managers assign portion of their total workload to others question Decentralization answer systematically delegating power throughout organization to middle and lower-level managers question Centralization answer systematically retaining power in the hands […]

question What is web content that is created and updated by many users for many users? answer User-contributed content question What is an online journal that allows users to post their own opinions, comments, graphics, and video? answer Blog or web log question Which system supports the capture, organization, and dissemination of knowledge throughout an […]

question Business-level strategies detail commitments and actions taken to provide value to customers and gain competitive advantage by exploiting core competencies in a. the selection of industries in which the firm will compete. b. specific product markets. c. primary value chain activities. d. particular geographic locations. answer b. specific product markets. question A firm’s core […]

question Monroe is reviewing an appellate case for class and must correctly identify the parties to the case. The party appealing the case is known as the answer appellant question Richard is a state appeals court judge. In making judicial decisions, Richard issues rulings that are consistent with precedents established in similar cases within his […]