Mya Day

question perfect competition answer the simplest market structure. a market with a large number of firms all producing essentially the same product. question commodity answer a product that is the same no matter who produces it, such as petroleum, notebook paper, or milk. question barrier to entry answer any factor that makes it difficult for […]

question Financial markets promote efficiency by answer channeling funds from savers to investors question Financial markets promote greater efficiency by channeling funds from —- to —– answer savers, borrowers question Well-functioning financial markets promote answer growth question A key factor in producing high economic growth is answer well-functioning financial markets question Markets in which funds […]

question The group that has emerged as the most influential source of information about characteristics of teachers and learners in the new century is answer the Partnership for 21st Century Skills question The characteristic of a full profession that does not tend to describe the teaching profession is that it answer grants higher-than-average financial rewards […]

question when it is cloudy or foggy any time you have trouble seeing other cars when it is raining answer Use your headlights ____________________. question failing to yield running a red light following to closely answer ____________ is an example of a driving error that can lead to road rage in other drivers. question open, […]

question The ____ unit is a case that contains electronic components of the computer that are used to process data. answer system question ____ consists of electronic components that store instructions waiting to be executed and data needed answer memory question A(n) ____ device is any hardware component that conveys information to one or more […]

question Losing control answer Not sticking to agendas and controlling negative behavior, ect. question Allowing interruptions answer Constantly interrupting others and allowing others to do the same. question Monopolizing meetings answer Doing most of the talking and dominating the meetings question Chastising Participants answer Ridiculing and embarrassing participants during Meetings. question Showing favoritism answer Allowing […]

question The introduction of a DBMS represents a big change and challenge, and is likely to have a profound impact throughout the organization. answer TRUE question A full backup, or database dump, produces a complete copy of the entire database. answer TRUE question The storage locations for multiple backups must include sites inside and outside […]

question Ethics is the branch of philosophy that focuses on what constitutes right and wrong behavior answer True question Acting in good faith gives a business firm a better chance of defending its actions in court answer True question Corporations can be perceived as owing ethical duties to groups other than their shareholders answer True […]

question Which of the following best illustrates the relationship between entities and attributes? A)the entity CUSTOMER with the attribute PRODUCT B)the entity CUSTOMER with the attribute PURCHASE C)the entity PRODUCT with the attribute PURCHASE D)the entity product with the attribute CUSTOMER answer B)the entity CUSTOMER with the attribute PURCHASE question Which of the following is […]

question What are two most important management challenges in building a successful e-commerce presence? answer Developing a clear understanding of business objectives and knowing how to choose the right technology to achieve those objectives question Which of the following typically includes a data flow diagram to describe the flow of information for an e-commerce site? […]

question A business process has inputs and outputs answer True question The activities of a business process can be measured answer True question Cross-functional processes are executed within a single functional area. answer False question The procurement process includes the sales function. answer False question An organization’s business processes can create a competitive advantage answer […]

question Fact answer – confirmation/validation of event/object question Information Age answer – present time during which infinite quantities of facts are widely available to anyone who can use a computer question Machine to Machine answer – M2M – devices connecting directly to other devices question Data answer – raw facts describing characteristics of event/object – […]

question Firms can enter foreign markets through exporting licensing or franchising to host country firms a joint venture with a host country firm a wholly owned subsidiary in the host country to serve that market answer 1. What are the methods a company can use to enter a foreign market (indirect exporting, exporting, franchising, licensing, […]

question You have a computer currently running Windows 7. Which of the following reasons would justify performing a clean installation of Windows 10 on the system instead of an upgrade? answer You want to dual boot both operating systems. question You are preparing for an installation of 64-bit Windows 10 on a computer that is […]

question Use Cases give more detail about requirements. answer true question A Use Case is a formal way of representing how a business system interacts with its environment. answer true question Use cases are the same as process diagrams. answer False question Use cases illustrate the activities that are performed by the users of the […]

question marketing channel management is also known as answer supply chain management question supply chain management answer set of approaches and techniques firms employ to efficiently and effectively integrate suppliers, manu, warehouses, stores, and transport intermediaries into a seamless operation in which merch is produced and dist in right q, right place, and right time […]

question An event organized for employers to meet with job seekers is called a _____. answer career fair question Business owners and managers prefer to hire people who are referred to them personally. answer True question One benefit of networking is that it give job seekers an opportunity to practice communication and interview skills. answer […]

question % of new businesses that fail answer 50% question (Sole) Proprietorship answer A business owned and managed by one person question 4 Power Types answer Position, Reward, Expert, Identity question Autocratic leader answer one who gives direct, clear, and precise orders with detailed instructions as to what, when, and how work is to be […]

question Three basic forms of business organizations answer 1. sole proprietorships 2. partnerships 3. corporations question Four hybrid forms of business organizations answer 1. limited partnerships 2. S corporations 3. limited liability companies 4. limited liability partnerships question Closely held answer Owned by only a few persons; family-owned question publicly held answer – Owned by […]

question Information Technology (IT) answer various appliances and devices for creating, storing, exchanging, and using information in diverse modes, including visual images, voice, multimedia, and business data. question E-Commerce answer Use of the internet and other electronic means for retailing and business-to-business transactions question Mass Customization answer Principle in which companies produce in large volumes, […]

question human relations answer the study of the behavior of individuals and groups in organizational settings question motivation answer an inner drive that directs a person’s behavior toward goals question morale answer an employee’s attitude toward his or her job, employer, and colleagues question intrinsic rewards answer the personal satisfaction and enjoyment felt after attaining […]

question Globalization directly/ indirectly influences the politics, environment, geopolitics and economics of virtually every country answer T question Although many firms conduct business across national boundaries, most global commerce is carried out by a small number of powerful firms answer T question Even small local businesses often compete with global companies across the world answer […]