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BUS 100 – Exam 4 – Introduction to Business – 2026 – Study and Practice Guide

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This document provides a comprehensive study guide for BUS 100 Exam 4, covering key concepts in introduction to business, including management principles, marketing basics, accounting fundamentals, business ethics, organizational structure, and economic principles. It includes summaries, key terms, practice questions, and scenario-based exercises to reinforce understanding and prepare students effectively for the exam. The material is ideal for undergraduate students taking BUS 100 or anyone reviewing foundational business concepts.

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BUS 100 – Exam 4 – Introduction to Business – 2026 – Study and Practice Guide


In digital communication, ____ is the ability of a marketer to identify customers before they
make a purchase. - correct answer ✔✔ addressability



What is true of both conventional marketing and digital marketing? - correct answer ✔✔ Both
have to achieve the right marketing mix



What has led to the rise of consumer-generated information? - correct answer ✔✔ Consumers
tendency to trust other consumers over corporations



Paul wants to buy a new car. What is he most likely to consider when making his decision on the
type of vehicle to buy? - correct answer ✔✔ A recommendation from his mother on the best
type.



Malia uploads original videos, publishes a blog and writes and posts art. What type of consumer
is she? - correct answer ✔✔ creator



Which of the following is a requirement stated by the Sarbanes oxley act? - correct answer ✔✔
Requires firms to separate their consulting and auditing businesses.



Internet markets are not more similar to traditional markets than they are different. T or F -
correct answer ✔✔ F



The ___ act limits the types of assets commercial banks can buy and the amount of capital they
must maintain. - correct answer ✔✔ Dodd-Frank



Small bank, a short-term lender, examines frank's kitchen fixtures' ___ to assess its ability to
repay a loan quickly - correct answer ✔✔ cash flow

,The life expectancy of a $20 bill is estimated to be 7.7 years. Which characteristic of money does
this represent? - correct answer ✔✔ Durability



Savings accounts are also known as - correct answer ✔✔ time deposits



Eurodollar deposits can only be made at banks located in london. T or F ? - correct answer ✔✔ F



Anything generally accepted in exchange for goods & services - correct answer ✔✔ money
(currency)



Since idle cash does not make money, a manager may choose to invest his extra cash in
temporary investments called ___ - correct answer ✔✔ marketable securities



The two biggest stock markets in the united states are the ___ - correct answer ✔✔ New york
stock exchange and the NASDAQ market.



Whats a potential investment thats super risky? - correct answer ✔✔ Introducing a new
product in a foreign market.



internet markets are more ___ to traditional markets than they are different - correct answer
✔✔ similar



using the internet to carry out business - correct answer ✔✔ e-business



•Electronic media that function using digital codes

via computers, cell phones, smart phones etc. - correct answer ✔✔ digital media

, "Target markets more precisely". "Reach previously inaccessible markets at home & globally". -
correct answer ✔✔ benefits of digital communication



•The ability of the marketer to identify

customers before they make a purchase - correct answer ✔✔ addressability



Ability to express needs directly to

firms @ marketing communications - correct answer ✔✔ interactivity



Ability for marketers to obtain digital information - correct answer ✔✔ accessibility



Ability for consumers to be connected with marketers and other consumers - correct answer
✔✔ connectivity



Customer's ability to regulate information they view & their exposure to information - correct
answer ✔✔ control



"Easier to conduct marketing research and advertise". "Fast and inexpensive communication." -
correct answer ✔✔ using digital media in business



Malia wants to book a flight to New York City. She uses Kayak's website to find the best deal on
her flight. Which characteristic of digital marketing does this scenario best describe? - correct
answer ✔✔ control



What aspect of marketing has NOT changed with digital media? - correct answer ✔✔ the
importance of achieving the right marketing mix



A factor that has sparked the rise of consumer-generated information is the ____ - correct
answer ✔✔ consumers' tendencies to trust other consumers over corporations.

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