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Exam (elaborations)

BUS 120 FINAL EXAM

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Exam study book Bus Rapid Transit Practitioner's Guide of Kittelson & Associates, DMJM+HARRIS., Transit Cooperative Research Program, Transit Development Corporation - ISBN: 9780309098847 (BUS 120 FINAL EXAM)

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BUS 120 FINAL EXAM 2024 ACTUAL EXAM COMPLETE
250 QUESTIONS WITH DETAILED VERIFIED ANSWERS
(100% CORRECT ANSWERS) /ALREADY GRADED A+
The items included in the consumer price index (CPI) "market basket" - ANSWER:
Goods and services bought by the average consumer

_____the relationship era introduced the idea: - ANSWER: Cultivsting current
costumers is more important than seeking new ones

The process whereby a company promotes environmentally friendly products as a
benefit for it consumers - ANSWER: Green marketing

Today the economies of virtually all nations would be classified as - ANSWER: mixed
economies

As competition has become truly global, free trade has resulted in _____ prices and
_____ quality across virtually every product category. - ANSWER: lower, higher

Are companies that invest in start-up businesses with high growth potential in
exchange for.... - ANSWER: Venture capitalists

A key advantage of a corporation is that - ANSWER: the owners maintain limited
liability

The____is an index based on the adjusted average price of stocks of 30 major.... -
ANSWER: Dow Jones industrial Average

____Economics is divided into two core areas of study - ANSWER: Macroeconomics
and microeconomics

_____imports and exports enhance international trade, which creates growing
opportunities for businesses. Which is not a benefit of global trade - ANSWER: Less
competition

_____Entrepreneurs are commonly characterized as - ANSWER: Risk takers and
decision makers

The goal of ______ is to meet the needs of the current generation without harming
the ability.... - ANSWER: Sustainable development

_____the most basic level of international market development and involves
shipping domestically produced .... - ANSWER: Exporting

A_____is any activity that provides goods and services to earn profit - ANSWER:
Business

, ______the primary function of management are - ANSWER: Planning, organizing,
leading, and controlling

____can be produced independently of the consumer and then stored and shipped -
ANSWER: Goods

_____refers to computer programs that provide instructions for a computer to excite
a desired task - ANSWER: Software

_____refers to the physical components used to collect, store, organize.... -
ANSWER: Hardware

The Fair Labor Standards Act of 1938 established a minimum wage and overtime pay
for workers who: - ANSWER: Work more than 40 hours a week

______included compensation such as health insurance, sick leave, and childcare or
elder care programs offered to an employer's workers - ANSWER: Benefits

____refers to the combination of pay & benefits that employees receive in exchange
for their work - ANSWER: Compensation

_______are consumed when and where they are produced and they often require
the costumer ..... - ANSWER: Services

An_____measures the ability to pay short term liabilities as came due - ANSWER:
Liquidity ratio

_____the majority of businesses today are formed as - ANSWER: Sole
proprietorships

Stockholders are the ____of a corporation. They have the right to vote on issues
affecting the operation of the business - ANSWER: Owners

_____are professional managed funds that pool the contributions of thousands of
investors - ANSWER: Mutual Funds

_____the party is a franchise relationship that pays for the right to use resources
supplied by another business entity is known as - ANSWER: Franchisee

In communication the term ____refers to any interference that causes the message
received by the audience to be different - ANSWER: Noise

_____is what the firm owes its creditors - ANSWER: Liabilities

Weather individuals who invest in new and growing firms - ANSWER: Angel investors

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