Millie Miller

question enviroment answer all of those factors that affect the operation of the organization question external environment answer all of the factors outside the organization that may affect the managers’ actions. question general environment answer the broad, complex factors that affect all organizations question task environment answer those factors that have a direct effect on […]

question Which was NOT a reason the North began to lose interest in the Southern Reconstruction by the early 1870s? answer Northerners were growing increasingly hostile to President Johnson, and no longer wanted to support his agenda. question Why did President Johnson deviate from his original plan of punishing Southern aristocrats by making it difficult […]

question The theory that real shocks to the economy are the primary cause of business cycles is answer real business cycle theory. question Which of the following is not a primary cause of business cycle fluctuations, according to real business cycle theory? answer A change in the money supply question The distinction between real and […]

question Biological pest control involves _______. answer b question National parks reduce the human impact on land by _______. answer c question Old growth forests are full of sick, diseased, and decadent trees. answer f question Reforestation projects would be more beneficial to forests that had undergone selective cutting rather than clear-cutting. answer f question […]

question The data processed by transaction processing systems provide the inputs for other organizational information systems answer True question In general, organizations try to automate data entry as much as possible. answer True question Historically, the functional area information systems were developed independently of one another. answer True question Best practices are the most successful […]

question 1) A native app is one that is designed to run on a specific platform. answer TRUE question 2) Documentation reveals how well the system has met its original objectives. answer FALSE question 3) A new information system is not considered in production until conversion is complete. answer TRUE question 4) Failure to address […]

question Value answer Relationship between the price of a good or service and the benefits that it offers its customers question Business answer Any activity that provides goods and services in an effort to earn a profit question Profit answer The money that a business earns in sales for revenue minus expenses such as the […]

question IPM answer pest control strategy that uses a combination of techniques to reduce pest pops to economically acceptable levels. Focuses on the long-term prevention or suppression of pest problems. uses cultural, biological, physical, and mechanical methods in site specific combiations. Pesticides only used when careful field moniotring, based on economic threshold levels, indicates they […]

question Primary Sector answer Businesses involved in the extraction of natural resources, such as farming, mining, fishing, etc. question Secondary Sector answer Business activity is concerned with the construction and manufacturing of physical products. question Tertiary Sector answer Business activity is concerned with the provision of services to customers question Private Sector answer Part of […]

question 1.Which of the following helped fuel growth by encouraging people to buy American products? answer Protective tariffs question 2. Steel changes people’s lives by making _________ poosible. answer skyscraper construction question 3. A cartel differs from a monopoly in that _______. answer businesses making same product limit inventory question 4. Cartels, monopolies, trusts, and […]

question Forecasting answer First step in human resource planning; The attempts to determine the supply of and demand for various types of human resources to predict areas within the organization where there will be labor shortages or surpluses (P133) question Trend Analysis answer Constructing and applying statistical models that predict labor demand for the next […]

question Eric is in a group with five other management trainees at Coca-Cola. Eric’s group is competing against other management trainees at the firm in a simulated marketplace. Each group must decide how much to spend on advertising and how many products to manufacture over the next three years. In which of the following activities […]

question What are logical models? answer ~Removes biases that are not the result of the way current system is implemented ~Reduce the risk of missing business requirements. ~Communicates with end users in nontechnical or less technical language. question A set of rules that governs some process in business is known as: answer A policy question […]

question business plan answer A business plan is a written narrative, typically 25 to 35 pages long, that describes what a new business plans to accomplish. question Dual-Use Document answer For most new ventures, the business plan is a dual-purpose document used both inside and outside the firm. question who reads the business plan and […]

question business cycle answer Recurring fluctuations in economic activity consisting of recession and recovery and growth and decline; Fluctuations in economic activity, such as employment and production question expansion phase answer the period of time during which economic activity is increasing, Where production is at high capacity, unemployment is low, retail sales are high, and […]

question In a market economy, government intervention answer may improve market outcomes in the presence of externalities question Market failure can be caused by answer externalities question A negative externality arises when a person engages in an activity that has answer an adverse effect on a bystander who is not compensated by the person who […]

question Ethics answer Refers to “the principles of conduct governing an individual or a group; specifically, the standards you use to decide what your conduct should be.” question Normative Judgments answer Means that something is good or bad, right or wrong, better or worse. question Morality answer Society’s highest accepted standards of behavior question Distributive […]

question The Federal Bureau of Investigation adopted the organizational structure of answer the Pinkerton National Detective Agency. question During the Industrial Revolution in Europe, ____ were recruited to locate criminals. answer thief catchers question In the United States, during the middle of the nineteenth century, _____ would often hire range detectives to capture rustlers. answer […]

question The chapter takes the view that the self-examination required to develop a tight, well written business plan is more important than the plan itself. answer True question The business plan must establish that there is an opportunity worth exploiting and must detail how to take advantage of it answer True question Business planning, in […]

question By creating three independent and equal branches of the federal government, the US constitution limited the federal government’s power. answer true question The Framers of our constitution, a trus cross section of the population at the time, created the Constitution by amending the Articles of conferderation, which has been the governing document of the […]

question The Bureau of Unclaimed Property is overseen by the answer Chief Financial Officer question The Life and Health Insurance Guaranty Association is answer funded by admitted insurance companies through assessments question Which action could result in a hearing being ordered by the Department of Financial Services? answer Performing insurance transactions without a license question […]

question Process costing answer a product costing system that accumulates costs according to processes or departments question When is Process costing used? answer Used when outputs are standardized/ homogeneous question How often is the Production Cost report prepare? answer Is prepared each period (e.g., each month) for each department question In production cost report, what […]