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BUS LAW-FINAL questions and answers Graded A+
BUS LAW-FINAL questions and answers Graded A+ Accord -Agreement under which one party promises to give or perform, and the other party to accept, in satisfaction of a claim, something different from what the parties originally agreed. Accord and Satisfaction -An agreement (accord) to accept different performance than originally promised, and the completion of that new performance (satisfaction), which discharges the original obligation. Adhesion Contract -A take-it-or-leave-it standard-fo...
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BUS Marketing Exam questions and answers Graded A+
BUS Marketing Exam questions and answers Graded A+ 1. In the U.S., about ________ people work in advertising agencies. A. 180,000 B. 230,000 C. 280,000 D. 330,000 E. 380,000 2. Which of the following would be a type of advertising used in the awareness stage of the adoption process? A. Flash ads B. Testimonials C. Teaser campaigns D. Point-of-purchase ads E. Persuasive copy 3. Which of the following is the LEAST appropriate advertising objective? A. "We want our ads to increas...
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Bus-to-Bus. Marketing questions and answers Graded A+
Bus-to-Bus. Marketing questions and answers Graded A+ When Hertz Rent a Car decides to expand its fleet, several companies as well as consumers will be involved. Financial services will be provided by banks, and the actual fleet of cars will come from auto manufacturers. Hertz will rent the cars to consumers. In this scenario, which of the following are involved in B2B marketing? A. Consumers renting the cars B. Banks, financing Hertz's car purchases C. Auto manufacturers, selling car...
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BUS-110 CH 13 Marketing Function questions and answers Graded A+
BUS-110 CH 13 Marketing Function questions and answers Graded A+ When creating a value proposition, the statement should be: Clear, compelling and differentiating An organization that adopts the ________ concept takes steps to know as much about the consumer as possible. marketing Which of the following statements is TRUE? Evaluation criteria vary from consumer to consumer. You majored in marketing in college and now you are ready to find your first marketing job! Which of the followin...
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BUS-110 CH 14 Marketing Mix Exam questions and answers Graded A+
BUS-110 CH 14 Marketing Mix Exam questions and answers Graded A+ How does effective branding typically benefit businesses? It builds customer loyalty. Which of the following is an example of an unsought product? Pest control service During the ________ of the product life cycle, the growth of a product begins to plateau, and the company must take advantage of economies of scale and marketing messages and promotions that seek to remind customers about a great product, differentiate from ...
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bus (marketing) - ch.2 Exam questions and answers Graded A+
bus (marketing) - ch.2 Exam questions and answers Graded A+ What are the specific steps in the marketing management process? (Check all that apply.) -- Directing implementation of marketing activities - Controlling marketing plans - Planning marketing activities Specifying a target market and the corresponding marketing mix are the two elements that comprise the -development of a marketing strategy. Which type of marketing focuses the marketing mix on appealing to a particular group? -T...
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bus/marketing - ch.7 questions and answers Graded A+
bus/marketing - ch.7 questions and answers Graded A+ Marketing _____ involves the procedures that develop and analyze new information about a market. -research Market research firms or specialists are sometimes called in by companies to - aid in the research process. A key to making marketing research and an MIS that is useful in marketing strategy planning is _____. -careful communication and coordination with research experts An MIS should collect ___ information from the marketplace ...
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BUS-M 370 Midterm questions and answers Graded A+
BUS-M 370 Midterm questions and answers Graded A+ Marketing (Core Definition) An organizational function and a set of processes for creating, capturing, communicating, and delivering value to customers and managing relationships to benefit the organization and stakeholders. The AMA Definition of Marketing The activity, set of institutions, and processes for creating, capturing, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and soci...
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Business & Society Exam Questions and answers Graded A+
Business & Society Exam Questions and answers Graded A+ To reach fifty million users, it took _____. - the Internet one tenth (1/10) of the time it took radio Being able to check on a child's well-being while away from home would be considered an interpersonal advantage. (True or False) - true GUI stands for _________ user interface - graphical _____________ is a wireless local network that uses high frequency radio signals to transmit an Internet signal from a wireless router. - wifi...
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Business Finance and Accounting questions and answers Graded A+
Business Finance and Accounting questions and answers Graded A+ Assets - Resources a business owns that have economic value and can provide future benefits. Current Assets - Assets expected to be converted into cash within one year (cash, inventory, accounts receivable). Fixed Assets - Long-term assets used in operations that are not easily converted into cash (buildings, equipment). Liabilities - Debts or obligations a business owes to others. Current Liabilities - Debts due within
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Business Law 202 Exam 1Questions and answers Graded A+
Business Law 202 Exam 1Questions and answers Graded A+ Statutory Law - The body of law enacted by legislative bodies (as opposed to constitutional law, administrative law, or case law). Common Law - The body of law developed from custom or judicial decisions in English and U.S. courts, not attributable to a legislature. How the system of stare decisis and precedent works* - Stare decisis means that courts look to past, similar issues to guide their decisions. These past decisions are kno...
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Business Law 202-CSUSM Exam Questions and answers Graded A+
Business Law 202-CSUSM Exam Questions and answers Graded A+ What is the purpose of Law? - to create stability and predicatability What is Law? - -Law consists of RULES THAT REGULATE THE CONDUCT AND RELATIONSHIPS of individuals, businesses, and other organizations within society. -Establishes rights, duties, and privileges that are consistent with values and beliefs of their society or its ruling group. Functions of the Law - 1. Keeping the peace
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Business law ch.4 (Tort laws) Exam questions and answers Graded A+
Business law ch.4 (Tort laws) Exam questions and answers Graded A+ Tort Law A civil wrong causing harm to another Purpose of Tort Law Compensate victims, not punish wrongdoers Vicarious Liability Employers are liable for employee torts committed during employment Strict Liability Liability without fault based solely on causation Intentional Torts Assault, battery, defamation, false imprisonment
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Business Law Chapter 1 Exam questions and answers Graded A+
Business Law Chapter 1 Exam questions and answers Graded A+ binding authority -any source of law that a court must follow when deciding a case liability -state of being legally responsible for something like a debt or obligation breaches -failure to perform a legal obligation primary source of law -document that establishes law on a particular issue - 4 types
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Business Law Chapter 6-Tort Law Exam questions and answers Graded A+
Business Law Chapter 6-Tort Law Exam questions and answers Graded A+ What is a tort? -A civil wrong not arising from a breach of contract; a breach of a legal duty that proximately causes harm or injury to another. What are the two main notions that serve as the basis of all torts? - Wrongs and Compensation. What are damages in tort cases? -A monetary award sought as a remedy for a breach of contract or a tortious act. What are compensatory damages? -A money award equivalent to the actu...
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Business Law Course Overview Questions and answers Graded A+
Business Law Course Overview Questions and answers Graded A+ What is the primary goal of the Business Law course? To think like a lawyer and improve oneself as a business leader. What percentage of the final grade is based on exams? 70% of the final grade. What is the weight of the participation grade in the overall assessment? 30% of the final grade. How many points can a student earn for attendan
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Business Law Exam 2 Torts Exam questions and answers Graded A+
Business Law Exam 2 Torts Exam questions and answers Graded A+ What is a Tort a tort is a civil wrong for which the law provides a remedy _________ _________ makes an employer liable for the torts Vicarious Liability the basic idea of tort law is to __________ a person _______ by another person for the injuries incurred compensate, injured types of damages compensatory, punitive what are compensatory damages pay for the actual "out of pocket" price what are punitive damages t...
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Business law midterm Exam questions and answers Graded A+
Business law midterm Exam questions and answers Graded A+ What is the basic structure of the U.S. government? It is a federal system where sovereign power is shared between the national government and the states, divided into three branches: Legislative, Executive, and Judicial. Which constitutional clause gives the federal government the power to regulate commercial activities among the states The Commerce Clause. What is the "Dormant" Commerce Clause? It prohibits states from r...
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Business Law Tort Law Exam questions and answers Graded A+
Business Law Tort Law Exam questions and answers Graded A+ Act of God -A natural event no one could prevent (a defense against a tort). Assault -The threat or attempt to cause harm (the threat). Battery -Physically harming someone (the contact). Assumption of Risk -The plaintiff knowingly took a risk (a defense against a tort). Burden of Proof for Civil Law -Preponderance of the evidence (civil); Burden of Proof for Criminal Law -Beyond a reaso
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Business Law Tort, Contracts, Intellectual Property & Criminal Law Overview Exam questions and answers Graded A+
Business Law Tort, Contracts, Intellectual Property & Criminal Law Overview Exam questions and answers Graded A+ What is a tort? -A wrongful act by a defendant that injures or harms the plaintiff's person or property. What are intentional torts? -Torts where the defendant has the intent to do the act. Define negligence. -The defendant failed to exercise reasonable care. What are strict liability torts? -Liability without fault.
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