Bcor Study guides, Class notes & Summaries

financial services correct answers concerned with design and delivery of advice and financial products to individuals, businesses, and governments managerial finance involves... correct answers tasks such as budgeting, financial forecasting, cash management, and funds procurement profit maximization as the "goal" of the firm is BAD because... correct answers profit maximization DOES NOT consider risk Pro-active ethics program is expected to result in... correct answers a positive corp...

BCOT Week 3 Questions and Answers 100% correct (2023) What is the primary duty of a Perimeter Officer To prevent escapes ( protect the public) Is a officer allowed to shoot a warning shot to have an inmate comply No When Can a vehicle be in the sallyport with both gates open When the vehicle is too long to go through the gates one at a time and when it is An emergency. If you believe a driver of the car you pull over is intoxicated it is your duty to? Tell them to stay ...

BCOR 370 WVU exam 1 Houghton latest 2023 with complete solution Organization A systematic arrangement of people to accomplish some specific purpose Why do we have organizations? -efficiency; to accomplish specific objectives -serve society -provide careers How do organizations accomplish their objectives? -Basic framework of management -Decision Making Basic Framework of Management -Planning -Organizing -Leading -Controlling Management The process of achieving goals, effectivel...

Which branch of accounting focuses on providing information to investors and creditors to support investment and lending decisions? a. financial b. managerial c. tax d. audit e. accounting information systems a. Financial Companies in the United States follow accounting rules issued by the International Accounting Standards Board, as do other companies from most countries around the world. a. true b. false a. True Accounts Receivable represents: a. amounts owed by...

Which branch of accounting focuses on providing information to investors and creditors to support investment and lending decisions? a. financial b. managerial c. tax d. audit e. accounting information systems - Answer- a. Financial Companies in the United States follow accounting rules issued by the International Accounting Standards Board, as do other companies from most countries around the world. a. true b. false - Answer- a. True Accounts Receivable represents: a. ...

Marketing definition Marketing is the activity or creating, communication, delivering, and exchanging offerings that have utility (value) for customers, and these exchanges benefit the organization, its stakeholders, and society at large What is marketing? facilitates exchanges between buyers and sellers to create value by using tools provided in the 4 P's Controllable factors in the marketing mix (4 P's) Product: good or service that satisfies a need (an idea can also be market...

8 Different Types of Muda correct answer 1. Overproduction 2. Inapprotiate Processing 3. Waiting 4. Transportation 5. Motion 6. Inventory 7. Defects 8. Underutilization of Employees Product-Process Matrix correct answer 1. Project (High Variety) 2. Job Shop (High Flexibility/Low Volume) 3. Batch (Flexible & Medium Volume) 4. Repetitive Process (Low Cost High Volume) 5. Continuous Process (Lowest Cost & Highest Volume) Value Proposition (6 attributes of a Value Proposition) c...

Once charged, when must an employee report the offense to their supervisor/manager? - immediately upon returning to work or within 24 hours, whichever is sooner. What are the 3 main examples of motor vehicle offenses that may result in immediate suspension or revocation of the employees drivers license? - DWI, DUI, Speeding 55 MPH and over 15 MPH over the posted speed limit Name 5 different type of "Formal notice" - arrest, detention, citation, criminal summons, civil summons, perma...

Motivation CORRECT ANSWER Process by which behavior is: a) Energized - how hard a person works b) Directed - what a person does c) Maintained - how long a person works What are the six steps of the Motivation Process CORRECT ANSWER 1. Unsatisfied Needs 2. Tension 3. Drives 4. Behavior 5. Satisfied Needs 6. Reduction of Tension Douglas McGregor CORRECT ANSWER Basic human nature; 2 theories of motivation. Theory X CORRECT ANSWER average person has little ambition, dislikes work, ...

Judgement Errors Business errors or mistakes that occur due to poor decision making Biases Biases focus on small bits of information instead of the entire amount and judgements are based on bad logic and reasoning "You would buy that cereal again right?" Framing "We're 100% sure the stock price will go up" Overconfidence "Everything I read supports the correlation between immunizations and autism" Confirmation Bias "Just fire the jerk" Decision F...