- Study guides, Class notes & Summaries

__________ is the world's largest exporter. correct answer China A company that uses a strategy of selling its products to a distributor in another country would be using correct answer exporting A country exports $75 million worth of steel to the United States and sells it for $60 million in order to establish a new market in the United States. This is an example of correct answer dumping. A trade deficit is also referred to as a(n) correct answer unfavorable balance of trade. Am...

____ provide onsite (college campuses) management counseling correct answer Small Business Institutes (SBIs) _____ likely affects a company's reputation (through a lack of funding) more than anything else, at least initially. correct answer Poorly managed growth A financial interest in the property or fixtures of the business, to guarantee payment of the debt correct answer Collateral A growing trend among small businesses is _____; which involves individuals who use entrepreneurship...

absolute advantage correct answer a monopoly that exists when a country is the only source of an item, the only producer of an item, or the most efficient producer of an item acquisition correct answer the purchase of one company by another, usually by buying its stock administrative managers correct answer those who manage an entire business or a major segment of a business; they are not specialists but coordinate the activities of specialized managers affirmative action programs corre...

Absolute Advantage correct answer country's try to have the ability to produce certain product more efficiently than other nations Advantage of Licensing correct answer Advantage for small manufactures wanting to launch a well-known brand internationally Balance of Trade correct answer the total value of a nation's exports minus the total value of its imports in a given time period business correct answer any organization or activity that provides goods and services in an effort t...

_____ rearranges the rows in your worksheet by the data I'm a column or columns a. Sorting b.Filtering c. Formating d. Grouping correct answer a ______ apply combinations of fonts, line styles, fills and shape effects to charts a. Quick Styles b. Quick Layouts c. Chart Effects d. Chart Templates correct answer a ______ are the numbers at he left of the rows and the letters at the top of the columns a. Headings b. Footers c. Headers d. Gridlines correct answer a ______ ...

acquisition correct answer The purchase of a target company by another corporation or by an investor group typically negotiated with the target company board of directors. board of directors correct answer A group of people elected by the stockholders to handle the overall management of a corporation, such as setting major corporate goals and policies, hiring corporate officers, and overseeing the firm's operations and finances. buyer cooperative correct answer A group of cooperative me...

Conceptual Skills correct answer Abilities to think in the abstract, diagnose and analyze different situations, and see beyond the present situation. Contingency Planning correct answer Identification of aspects of a business or its environment that might entail changes in strategy. Controlling correct answer Management process of monitoring an organization's performance to ensure that it is meeting its goals. Corporate Culture correct answer The shared experiences, stories, beliefs,...

4 main drivers of supply chain management correct answer Facilities, Inventory, Transportation, Information 4 qualities of data usefulness correct answer Quality, Completeness, Timeliness, Relevance 5 roles of today's managers correct answer guide, train, support, motivate, and coach employees 7 steps of Decision making correct answer 1) Defining the situation, 2)Describe and collect needed information, 3)Develop alternatives, 4) Develop agreement among those involved, 5) Decide whic...

3 step planning process correct answer forecast, budget, control acceptance sampling correct answer quality control efforts limited to before and after production process accounts payable correct answer $ firms need to pay others accounts receivable correct answer $ owed to a firm AIDA correct answer Awareness, Interest, Desire, Action (Role of Promotion) business buyers correct answer customers who purchase products with the intention of either using that product in the productio...