BUAD BUNDLED EXAMS 2023 WITH 100% CORRECT ANSWERS

Entrepreneurship correct answersPursuing the creation, delivery, and capture of value from new ideas Entrepreneurship Mindset correct answers- Dissatisfied w/ status quo - Perceptive & Reflective - Growth & learning oriented - Problems as opportunities - Optimistic & Persistent - Control ou...

Revenue correct answersthe money that a business or institution has coming in. Expenses correct answersThe money that a company must pay out to fulfill its operating expenses. Ex. bills and payroll Profit correct answersThe difference between a businesses's revenues and its expenses. six d...

Multinational Enterprise (MNE) correct answersA firm that invests, controls, & manages value-added activities in other countries For a global firm to be an integral part of a community (which it must be) it should... correct answers1) Understand the culture 2) Be seen as a part of the community ...

the goal of business correct answersto make money now and in the future On the exam the constraint will be internal, do not choose market demand in this question, it will be one of the two machines. correct answers revenue margin correct answersdifference between selling price and raw material...

Characteristics of how some retailers focus on added convenience correct answersAutomated Vending (machines) Mail Order Vending (online ordering) Wheel of Retailing Theory correct answersSays that new types of retailers enter the market as low status, low margin, low price operators, and then if...

the amount of money charged for a product or service. price is the sum of all the values that consumers give up in order to gain the benefits of having or using the product or service correct answersprice Demand oriented approach: setting a high price for a new product to skim revenues layer by l...

Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place correct answersA. Supply cycle time Define order cycle time. A. The total cost of ownership combined w...

Refers to the buying behavior of people who buy goods and services for personal use. correct answersCustomer Buying Behavior __________ is the most basic cause of a persons wants and behavior. correct answersCulture Groups of people with shared value systems based on common life experiences co...

Value correct answersThe relationship between the price of a good or a service and the benefits that it offers its customers. Business correct answersAny organization or activity that provides goods and services in an effort to earn a profit. Profit correct answersThe money that a business ear...

Listening correct answersprocess of hearing someone speak, processing what you're hearing, and demonstrating that you understand the speaker's intent sensing correct answersinvolves hearing the words and receiving the nonverbal signals such as body language and facial expressions passive lis...

Diversity correct answersA company that looks like and understands their customers the more successful they will be B2B correct answersBusinesses sell to other businesses B2C correct answersBusinesses sell to consumers Globalization correct answersGlobal trade, continuous learning

Data processing (DP) correct answersname for business technology in the 1970s; included technology that supported an existing business and was primarily used to improve the flow of financial information Information Sytems (IS) correct answersTechnology that helps companies do business; includes s...

Marketing correct answersmarketing is the activity for creating, communicating, delivering and exchanging offerings that benefit the organization, its shareholders, and society at a large Consumer's Needs correct answersDiscovering and satisfying consumers' needs is essential in marketing, but ...

Concurrent Jurisdiction correct answersWhen both federal and state courts have the power to hear a case Exclusive Jurisdiction correct answersWhen cases can be tried only in federal courts or only in state courts Jurisdiction correct answersThe power to speak the law Personal Jurisdiction c...