Posts by Will Walter:
question The chapter-opening story of the McDonald’s organization explains answer That the organizational principles of McDonald’s have come to dominate our social life question What do sociologists call two or more people who identify and interact with one another? answer Social group question What is the correct sociological term for all people with a common […]
Read morequestion The _________ is the most common form of business ownership. A. partnership B. corporation C. joint venture D. sole proprietorship answer D. sole proprietorship question _________ comprise about 20% of all businesses but account for about 80% of the U.S. business receipts. A. Limited Liability Companies B. Sole proprietorships C. Corporations D. Partnerships answer […]
Read morequestion stockholders equity is increased by answer revenues question the purchase of an asset for cash answer leaves total assets unchanged question the payment of a liability answer decreases assets & liabilities question a revenue generally answer increases assets & stockholders equity question a paid dividend answer decreases assets & stockholders equity question an expense […]
Read morequestion 1) According to your text, the progressives were (556) A) challenging the fundamental principles of capitalism. B) a totally brand-new movement. C) never a single group seeking a single objective. D) strong advocates of equality for blacks. E) united in their vision of how to reform America. answer C question 2) One of the […]
Read morequestion In the prisoners’ dilemma game, confessing is a dominant strategy for each of the two prisoners. answer True question One way that public policy encourages cooperation among oligopolists is through antitrust law. answer False question If firms in an oligopoly agree to produce according to the monopoly outcome, they will produce the same level […]
Read morequestion The importance of pricing answer pricing decisions cause top-level marketing executives more concern than any other strategic marketing decision area – pricing is viewed as having a more direct link to the firm’s bottom line question The “Golden Rule” of Channel Pricing answer it is not enough to base pricing decisions solely on market, […]
Read morequestion assessing multiple industry environments, developing a set of business strategies, one for each industry area (or line of business) in which the diversified company operates answer What is the challange for making strategies in a diverse enterprise? question devise a company wide strategy for improving the attractiveness and performance of the company’s overall business […]
Read morequestion An application of moral standards to business situations answer business ethics question Provides legal protection for employees who report corporate misconduct answer Sarbanes-Oxley Act of 2002 question A guide to acceptable and ethical behavior as defined by the organization answer code of ethics question All activities undertaken to protect the rights of consumers answer […]
Read morequestion Which of these is not a major advantage of a corporation? answer Government regulations. question Which one of the following is a major disadvantage of a corporation? answer Additional taxes. question Which of these statements is false? answer Legal capital is intended to protect stockholders. question Which of the following is not a characteristic […]
Read morequestion acquisition answer A corporate restructuring in which one firm buys another. question Articles of incorporation answer The document filed with a state government to establish the existence of a new corporation. question board of directors answer The individuals who are elected by stockholders of a corporation to represent their interests. question business format franchise […]
Read morequestion Defamation answer Is the publication or communication of a false and defamatory statement concerning the plaintiff which is made with required degree of fault by the defendant and with adequate proof of damages by the plaintiff question Libel answer A defamatory statement in some permanent form question Slander answer A defamatory statement in some […]
Read morequestion To create a presentation. answer What is MS PowerPoint used for? question Keep your eyes on your copy. answer What is the best practice to achieve faster speed in keying? question To the right 1/2 inch (.5″) answer In MS Word, where does the cursor move if the tab key is pressed and tabs […]
Read morequestion 1. Tables 2. Measures of Central Tendency 3. Correlations 4. Grids 5. Decision Matrices answer Techniques for analyzing raw data question 1. use column and rows 2. some data becomes more meaningful when cross-tabulated 3. help you compare multiple data from questionnaires and surveys answer Tables question allows analysis of two or more variables […]
Read morequestion The four tasks involved in completing business reports and proposals include all of the following except answer illustrating. question Which of the following is not included in the prefatory parts of a formal report? answer introduction question You should include a title fly with business reports when you want to answer add a touch […]
Read morequestion Verbal Communication Nonverbal Communication answer What are two types of communication? question Communication that uses words. answer Verbal Communication question Communication that does not use words. answer Nonverbal question Are other people in the same organization: subordinates, superiors, peers… answer Internal Audiences question Are people outside the organization: customers, suppliers, distributors, unions, stockholders, potential […]
Read morequestion advantages of sole proprietorship answer They are easy to set up. With only one person making all the decisions, sole proprietors have greater control and more flexibility to act quickly. The income and expenses of a sole proprietorship flow through the owner’s personal tax return. Sole proprietors can deduct business losses from their personal […]
Read morequestion From “Netflix is Turning Viewers Into Puppets”: Americans still watch more movies on physical format like DVD and Blu-Ray discs than they do from the internet. answer False question From “The Price War Over the Cloud”: Commentators in the broadcast make a comparison between cloud services and a utility (e.g. electricity, water, etc.). Why? […]
Read morequestion DEFINITIONS: Person means answer an individual, firm, company. partnership or corporation. question DEFINITIONS: Appearance enhancement means: answer and inciudes any or all ofthe license categories: waxing, nail specialty, natural hair styling, esthetics and cosmetology. question DEFINITIONS: Licensee means: answer a person licensed to operate an appearance enhancement business or to practice in an appearance […]
Read morequestion Advantage: Sole Proprietorship answer owner receives all profits low organisational costs income taxes as personal income or proprietor independence secrecy ease of dissolution question Advantage: Partnership answer More expertise and managerial skill available relatively low organisational costs income taxed as personal income of partners fundraising ability is enhanced by more owners question Advantage: Corporation […]
Read morequestion the decisions rule for segment elimination is to consider eliminating a segment if the segment revenues are less than the segment ________ expenses answer avoidable question when making sell or process decisions, management should consider what? answer revenue from selling as is, incremental costs of processing further, and revenue from selling after further processing […]
Read morequestion Algorithm answer -a formula or set of steps for solving a particular problem. -set of rules must be unambiguous and have a clear stopping point -can be expressed in any language, from natural languages to programming languages -any well defined computational procedure that takes some value or set of values as input and produces […]
Read morequestion TRUE answer Accountants divide the economic life of a business into artificial time periods because of the time period assumption. question ANNUALY answer Generally, an accounting period less than one year is referred to as an interim period. Which of the following time periods would not be referred to as an interim period? question […]
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