PEREGRINE UPDATED EVALUATION EXAMS ALL
QUESTIONS AND ANSWERS SURE A+
✔✔an increase in ______ will increase owners equity - ✔✔client fees
✔✔a dividend will reduce ______ - ✔✔retained earnings
✔✔conflicts of interest exist when employees must choose whether to - ✔✔advance
their own interests, those of the organization, or those of some other gtoup
✔✔TQM is most helpful to firms following the ______ business strategy - ✔✔integrated
cost-leadership differentiation
✔✔which of the following is not considered an extrinsic motivator in Herzberg's two-
factor theory - ✔✔work itself
✔✔which of the following is not one of the process motivation theories? - ✔✔acquired
needs theory
✔✔the largest component of GDP is ______ - ✔✔consumption
✔✔in economics, firms are assumed to ______ - ✔✔maximize profits
, ✔✔holding everything else equal, total revenue increases when ______ - ✔✔either
price or quantity increase
✔✔government tactics that include removing incentives, demanding a higher share of
profits and taxes, and confiscating foreign assets are known as: - ✔✔expropriation
✔✔"people of the same trade seldom meet together, even for merriment and diversion,
but their conversation often ends in conspiracy against the public." this quote by Adam
Smith is referring to ______ - ✔✔collusion
✔✔information - ✔✔a colection of facts organized so that they have additional value
beyond the value of the facts themselves
✔✔virtual reality - ✔✔the simulation of a teal or imagined environment that can be
experienced visually in 3 dimensions
✔✔Kip opens an account at a Lotsa Goodies Store, and buys a digital music player and
other items, but makes no payments on the account. to collect the debt, Mako, the
manager contacts Kip's Parents. this violates ______ - ✔✔No federal law
✔✔strategic planning - ✔✔the process of setting major organization objectives and
developing plans to achieve them
✔✔a leading force currently driving change at work is ______ - ✔✔global competition
✔✔a questioning, probing attitude is at the core of ______ - ✔✔critical thinking
✔✔which of the following is NOT a purpose of a marketing plan? - ✔✔it explains how
marketing activities mesh with other functional areas
✔✔in the context of marketing planning, why is it vital that the marketing plan be
capable of selling itself to top management? - ✔✔because top managers must decide
whether the marketing plan is the best use for the organizations scarce resources
✔✔sensitivity analysis considers - ✔✔changes in values of the payoffs
✔✔a population characteristic, such as a population mean, is called - ✔✔a parameter
✔✔an increase to ______ will increase owners eqity - ✔✔client fees
✔✔the last step in preparing a worksheet is ______ - ✔✔total the income and balance
sheet items to compute net income (loss)
QUESTIONS AND ANSWERS SURE A+
✔✔an increase in ______ will increase owners equity - ✔✔client fees
✔✔a dividend will reduce ______ - ✔✔retained earnings
✔✔conflicts of interest exist when employees must choose whether to - ✔✔advance
their own interests, those of the organization, or those of some other gtoup
✔✔TQM is most helpful to firms following the ______ business strategy - ✔✔integrated
cost-leadership differentiation
✔✔which of the following is not considered an extrinsic motivator in Herzberg's two-
factor theory - ✔✔work itself
✔✔which of the following is not one of the process motivation theories? - ✔✔acquired
needs theory
✔✔the largest component of GDP is ______ - ✔✔consumption
✔✔in economics, firms are assumed to ______ - ✔✔maximize profits
, ✔✔holding everything else equal, total revenue increases when ______ - ✔✔either
price or quantity increase
✔✔government tactics that include removing incentives, demanding a higher share of
profits and taxes, and confiscating foreign assets are known as: - ✔✔expropriation
✔✔"people of the same trade seldom meet together, even for merriment and diversion,
but their conversation often ends in conspiracy against the public." this quote by Adam
Smith is referring to ______ - ✔✔collusion
✔✔information - ✔✔a colection of facts organized so that they have additional value
beyond the value of the facts themselves
✔✔virtual reality - ✔✔the simulation of a teal or imagined environment that can be
experienced visually in 3 dimensions
✔✔Kip opens an account at a Lotsa Goodies Store, and buys a digital music player and
other items, but makes no payments on the account. to collect the debt, Mako, the
manager contacts Kip's Parents. this violates ______ - ✔✔No federal law
✔✔strategic planning - ✔✔the process of setting major organization objectives and
developing plans to achieve them
✔✔a leading force currently driving change at work is ______ - ✔✔global competition
✔✔a questioning, probing attitude is at the core of ______ - ✔✔critical thinking
✔✔which of the following is NOT a purpose of a marketing plan? - ✔✔it explains how
marketing activities mesh with other functional areas
✔✔in the context of marketing planning, why is it vital that the marketing plan be
capable of selling itself to top management? - ✔✔because top managers must decide
whether the marketing plan is the best use for the organizations scarce resources
✔✔sensitivity analysis considers - ✔✔changes in values of the payoffs
✔✔a population characteristic, such as a population mean, is called - ✔✔a parameter
✔✔an increase to ______ will increase owners eqity - ✔✔client fees
✔✔the last step in preparing a worksheet is ______ - ✔✔total the income and balance
sheet items to compute net income (loss)
