BUS 110 FINAL EXAM REVIEW 2026 Questions and Answers

BUS 110 FINAL EXAM REVIEW 2026
Questions and Answers

Value creation and value capture are parts of a firm's ________.

Question content area bottom

Part 1

A.

budget

B.

mission

C.

business model

Your answer is correct.

D.

goals
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,E.

vision - Correct answer-business model

Knowing the ____ in which a firm will choose to compete is crucial to an

entrepreneur's success.

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Part 1

A.

state

B.

neighborhood

C.

industry

Your answer is correct.

D.

country

E.
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,region - Correct answer-industry

3M, a company with more than $30 billion in revenues in 2016, encourages its

employees to constantly look for business opportunities in terms of future goods

and services. What 3M is doing is called _____.

Question content area bottom

Part 1

A.

corporate exploitation

B.

stakeholder maximization

C.

corporate philanthropy

D.

corporate entrepreneurship

Your answer is correct.

E.

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, corporate social responsibility

What 3M is doing is called _____ - Correct answer-corporate entrepreneurship

____ is the process of creating something new, which is central to the

entrepreneurial process.

Question content area bottom

Part 1

A.

Financing

B.

Innovation

Your answer is correct.

C.

Marketing

D.

Invention

E.
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