BMGT 481 Exam 2 Study Guide questions
correctly answered to pass
1. Benchmarking Is a method of comparing how well your firm is performing compared to
a
competitor.
It is also used as a potential tool for improving a company's own internal
activities that is based on learning how other companies perform them
and borrowing "best practices"
2. A firm's gener- Which it has little or no control over, however they must learn to adapt.
al environment
is one...
3. Triple C Data Current, correct, complete.
4. Mining data Technique
is more of a
in-
stead of a tal-
ent. It does
not require a
degree in
finance or ac-
counting.
5. Draw conclusions After all the data has been collected and evaluated in an appropriate
context.
only...
6. Reliable S&P Industrial surveys
data U.S. Industrial outlook
sources Business newspapers and
magazines The internet (at times)
1/
25
,BMGT 481 Exam 2 Study Guide questions
correctly answered to pass
U Government sites
S The course website
7. SIC Codes U.S. government code used to classify a firm by its type of business
operations.
2/
25
, BMGT 481 Exam 2 Study Guide questions
correctly answered to pass
8. NAICS Codes Classification of firms into industry groups using numerical codes to
identify
industries (Newer).
9. Useful ten key al Citizenship
in- dustries
10. Both the
target and
benchmark
companies
have to be
11. Sufficient
infor- mation
for pri- vate
companies
are
12. Why is a tick-
er symbol
impor- tant?
13. Organization
3/
25
correctly answered to pass
1. Benchmarking Is a method of comparing how well your firm is performing compared to
a
competitor.
It is also used as a potential tool for improving a company's own internal
activities that is based on learning how other companies perform them
and borrowing "best practices"
2. A firm's gener- Which it has little or no control over, however they must learn to adapt.
al environment
is one...
3. Triple C Data Current, correct, complete.
4. Mining data Technique
is more of a
in-
stead of a tal-
ent. It does
not require a
degree in
finance or ac-
counting.
5. Draw conclusions After all the data has been collected and evaluated in an appropriate
context.
only...
6. Reliable S&P Industrial surveys
data U.S. Industrial outlook
sources Business newspapers and
magazines The internet (at times)
1/
25
,BMGT 481 Exam 2 Study Guide questions
correctly answered to pass
U Government sites
S The course website
7. SIC Codes U.S. government code used to classify a firm by its type of business
operations.
2/
25
, BMGT 481 Exam 2 Study Guide questions
correctly answered to pass
8. NAICS Codes Classification of firms into industry groups using numerical codes to
identify
industries (Newer).
9. Useful ten key al Citizenship
in- dustries
10. Both the
target and
benchmark
companies
have to be
11. Sufficient
infor- mation
for pri- vate
companies
are
12. Why is a tick-
er symbol
impor- tant?
13. Organization
3/
25
