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Exam (elaborations)

ICCC INTRO TO BUSINESS FINAL EXAM | 100 QUESTIONS | WITH COMPLETE SOLUTIONS!!

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ICCC INTRO TO BUSINESS FINAL EXAM | 100 QUESTIONS | WITH COMPLETE SOLUTIONS!!

Institution
ICCC
Course
ICCC











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Institution
ICCC
Course
ICCC

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Uploaded on
May 26, 2025
Number of pages
59
Written in
2024/2025
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Exam (elaborations)
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ICCC INTRO TO BUSINESS FINAL EXAM |
100 QUESTIONS | WITH COMPLETE
SOLUTIONS!!




1 of 100

Term



China's response to U.S. tariffs against them was to put tariffs on U.S.
soybean exports, hurting soybean farmers in the United States
significantly since China typically buys more than half of U.S.
soybean shipments. This is an example of howcan affect
markets.



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, government influences economic influences




customers' perceptions currency fluctuations


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2 of 100

Term


"What kind of industry am I entering, and how is my idea different?"
is one of the questions you should ask yourself when



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preparing to write a
business plan analyzing competitors



conducting a market survey developing a marketing strategy


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, 3 of 100

Term


The ________ ratio measures the extent to which a company uses debt
to finance its operations.



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corporate social responsibility dow jones industrial average




current debt to owners' equity


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4 of 100

Term


Luna placed $1,000 in an interest-bearing checking account. She
can write as many checks as she needs to each month but must
keep her balance above $500. Luna most likely opened a
__________________________________________________account.



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exporting narrow




marketing NOW

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5 of 100

Term


Which of the following would best describe a benefit of
departmentalization?



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collective commitment is improved rites and rituals are enhanced




staff personnel are not needed management is simplified


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6 of 100

Term


The ________ is the combination of tools that a company uses to
promote a product.



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product lifecycle pricing strategy

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