Sara Edwards

question Business cycles answer alternating rises and declines in the level of economic activity, sometime over several years. question Peak answer when business activity has reached a temporary maximum. question Recession answer is a period of decline in total output, income, and employment. question Trough answer output and employment “bottom out” at their lowest levels. […]

question T or F: The stability and predictability of the law is essential to business activity answer True question T or F: Law is a body of enforceable rules governing relationships among individuals and between individuals and their society answer True question T or F: A state constitution is supreme within the state’s borders answer […]

question An example of Video Conferencing is called what? answer Webinar question The oldest IT collaboration tool is what? answer Discussion Board question Which business behavior would focus on SOX? answer Accounting question Name an example of project management software answer Microsoft project question What collects an organization’s collective knowledge? answer KM systems question What […]

question Validated changes and validated deliverables are the outputs of the quality assurance process. answer F question Testing as a stage is important only at the end of an information technology product development. answer F question In TQC, product quality is more important than production rates, and workers are allowed to stop production whenever a […]

question Management answer a process designed to achieve an organizations objectives by using its resources effectively and efficiently in a changing enviromnent question Managers answer those individuals in organizations who make decisions about the use of resources and who are concerned with planning, organizing, staffing, directing and controlling the organization’s activities to reach its objectives […]

question As a result of globalization, we have been moving toward a world in which national economies are relatively self-contained entities. T/F answer FALSE question By offering the same basic product worldwide, firms help to create a global market. T/F answer TRUE question A company has to be the size of a multinational giant to […]

question Major elements in mobile systems include the following, except _________? answer Large Databases question Changes that mobile systems may bring to the work environment include the following except? answer Easier for organizations to obtain revenue from their applications question Which of the following statements is true regarding mobile applications? answer Generally native applications require […]

question 1. Why did large numbers of African-Americans migrate to “western” states such as Kansas after the Civil War? What basic economic role were both the West and South beginning to have in the U.S. industrial economy during this period? answer They could buy land and vote. Suppliers of raw materials, providers of food stuffed […]

question In what way does the Defense of Marriage Act complicate the gay, lesbian, and transgendered battle for equal rights? answer Select one: a. It defines what marriage is and is not. b. States do not have to recognize same-sex marriages. c. States do not have to recognize same-sex marriages from other states. d. All […]

question A company’s competitive strategy deals with: A. Management’s game plan for competing successfully—the specific efforts to please customers, offensive and defensive moves to counter the maneuvers of rivals, the reactions and responses to whatever market conditions prevail at the moment and the initiatives undertaken to improve the company’s market position B. What its strategy […]

question Marketers consider all of the following examples of new products EXCEPT answer a 2010 model year automobile with the same style, parts, and color as the 2009 model. question New products are important to a company for all the following reasons EXCEPT: answer immediate profits question A firm’s new-product strategy links the new-product development […]

question An offer must be practical to be effective. answer F question An invitation to submit bids—”how much would you charge to do this work?”—is an offer. answer F question A price list is an offer. answer F question An advertisement is generally considered an invitation to negotiate answer T question An auction—”we ask you […]

question True or false Entrepreneurs estimate damage for their products and services by identifying their target market answer True question The Customers you would most like to attract are referred to as your _______ answer Target market question True or False Martial status, family size, and age are all important for identifying your target market […]

question The employment population ratio measures the A. — portion of the total population that is employed B. — percentage of the working age population that is in the labor force C. — percentage of the working age population that is not employed D. — percentage of the working age population that is employed answer […]

question How a firm’s production increases as it adds more labor answer A production function shows______________________ question An increase in the amount of physical capital per worker answer Labor productivity will increase in response to ___________________ question Using the fewest resources to produce a good or service answer When a firm produces at a technically […]

question Linux Live CDs and WinFE disks do not automatically mount hard drives, but can be used to file systems. answer True question The shielding of sensitive computing systems and prevention of electronic eavesdropping of any computer emission is known as FAUST by the U.S. Department of Defense answer FALSE question The recording of all […]

question Transaction Processing System (TPS) answer Info system used to support and record transactions (paying for products or paying employees) question Management Information System (MIS) answer Provides routine business information to decision makers in a useful and convenient format (Source=database) question MIS reports answer presents useful info for management question Demand Report (MIS) answer Specific […]

question _______ are people or organizations that buy products from a business? customers lenders suppliers retailers answer customers question A CEO is comparing actual quarterly results to forecasted quarterly results. What aspect of management is the CEO involved in? Executing Planning Comparing Reviewing answer Reviewing question For businesses to attract money, ____ must believe that […]

question Application software serves as the interface between the user , the apps, and the computer’s or mobile device’s hardware. T/F answer False. The operating system serves as the interface between the user, the apps, and the computer or mobile device’s hardware. question Each time you start a computer or mobile device, the system software […]

question 38. An individual who purchases insurance is A. The insurance company. B. A policyholder. C. An insurer. D. A victim. E. An employer. answer b question 39. 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. […]

question Issues selling is the process by which stakeholders convince managers to pay attention to the stakeholders’ particular interests. answer False question In most companies, issues management is done in isolation from other departments. answer false question The stages of the issues management process are easily separable; thus each can be assigned to a specialist […]

question Ethics answer society’s accepted standards of moral behavior, that is, behavior accepted by society as right rather than wrong. question Compliance-based ethics code: Ideal: Objective: Leaders: Methods: answer emphasizes preventing unlawful behavior by increasing control and penalizing wrongdoers. Ideal: conform to outside standards (laws and regulations) Objective: avoid criminal misconduct Leaders: lawyers Methods: education, […]