MBA EXIT EXAM NEWEST 2025 WITH COMPLETE
QUESTIONS AND CORRECT VERIFIED ANSWERS/
WELL GRADED A+// LATEST VERSION
complicated strategies that determine the best or worst way to accomplish a task or
avoid and undesirable result. Ex of applications: tax planning, capital budgeting
analysisOMPLETE
assembly chart - CORRECT ANSWERS -graphical method for visualizing how the
various parts and subassemblies flow into the assembly process
asset turnover - CORRECT ANSWERS -sales/assets. measure of efficiency of asset
management
assignable causes - CORRECT ANSWERS -causes of poor quality that are due to
problems with materials, machines, or operators and that can be remedied
assignment problem - CORRECT ANSWERS -problem of determining how the
assignments should be made in order to minimize total costs
attribute mapping - CORRECT ANSWERS -technique for IDing new products by
mapping product-line attributes; searching for "attribute space" or possible new attribute
combos for new products
B2B (business-to-business) e-commerce - CORRECT ANSWERS -using B2B trading
networks, auction sites, spot exchanges, online product catalogs, barter sites, and other
online resources to reach new customers, serve current customers more effectively,
and obtain buying efficiencies and better prices
B2C (business-to-consumers) e-commerce - CORRECT ANSWERS -online selling of
goods and services to final customers
baby boomers - CORRECT ANSWERS -78 million ppl born during baby boom, WWII-
early 1960s
bailment - CORRECT ANSWERS -exists when possession of property belonging to one
person is delivered to another person who intends to assume custody or control over
the property and who expressly or implicitly promises to return it to the owner or dispose
of it as directed by the owner
bait-and-switch advertising - CORRECT ANSWERS -technique by which a g/s is
advertised at a low price with intention of attracting customers, then switching them over
to higher-priced items. seller may have no intention of selling "bait item" cust is often
told bait item is out of stock or inferior
,balance of payments - CORRECT ANSWERS -relationship between monies received
from exports and monies paid out for imports
balance of trade - CORRECT ANSWERS -unit of the balance of payments that reflects
the value of all goods imported and exported by any nation
balanced scorecard - CORRECT ANSWERS -approach using multiple measures to
evaluate managerial performance. measures may be financial or nonfinancial, internal
or external, and ST or LT. scorecard allows determination as to whether manager is
achieving certain objectives at the expense of others that may be equally or more
important
bankruptcy - CORRECT ANSWERS -a legal procedure through which the ownership of
a firm's assets is transferred to debt holders. inability to pay debts when due. a business
is insolvent in a legal sense when its financial condition is so bad that total liabilities >
FMV of assets
baud - CORRECT ANSWERS -serial info transfer speed with which a modem receives
and sends data
benchmarking - CORRECT ANSWERS -searching for new and better procedures by
comparing your own procedures to that of the very best
beta (coefficient) - CORRECT ANSWERS -measure of risk based on the sensitivity of
an individual stock's returns to changes in the returns of a broad stock market index;
AKA systematic, market, undiversifiable, and relative risk. Beta < 1: co's stock is less
risky than the market
better business bureaus (BBB) - CORRECT ANSWERS -local business-supported
organizations that maintain records on local business firms and provide info to
concerned customers. local bureaus are part of a loosely tied national system
bill of materials (BOM) - CORRECT ANSWERS -structured parts list that shows the
manner in which the product is actually put together
block diagram - CORRECT ANSWERS -diagram using symbols to explain the
interconnections and info flow between hardware and software
bond rating - CORRECT ANSWERS -ratings assigned by an agency (such as S7P or
Moody's Investors Service) that provides assessment of bond's credit risk
book value - CORRECT ANSWERS -depreciated value of a co's assets (OG cost - AD)
less O/S liabilities
,brainstorming - CORRECT ANSWERS -technique involving group of people who meet
to voice any idea that comes to mind concerning a particular subject in the hopes of
generating new ideas
brand - CORRECT ANSWERS -a name term, sign, symbol, or design, or combo of
them intended to distinguish products of one seller from competitors
brand loyalty - CORRECT ANSWERS -strength of buyer preference for a particular g/s,
usually resulting in repeat buying
brand name - CORRECT ANSWERS -has narrower meaning than brand. the word,
letter, or group thereof that can be spoken
break-even analysis - CORRECT ANSWERS -branch of cost-volume-profit (CVP) anal
that determines the break-even sales, which is level of sales where TC = total rev. at BE
point, no profit or loss
break-even point - CORRECT ANSWERS -level of sales rev that equals the total of
variable and FC for a given volume of output at a particular capacity use rate
budgeting models - CORRECT ANSWERS -computer-based mathematical models
generating hella corp budgets (CF, profitability). help mgmt look at "what-if" questions.
calculations provide a basis for choice among alternatives under conditions of
uncertainty
business cycle - CORRECT ANSWERS -pattern of ups and downs in output of g/s
business ethics - CORRECT ANSWERS -standards by which business activities can be
judged as morally right or wrong
business process reengineering (BPR) - CORRECT ANSWERS -approach aiming at
making revolutionary changes (not evolutionary) by eliminating non-value added steps
in a biz process and computerizing the remaining steps to achieve desired outcomes
business strategies - CORRECT ANSWERS -focus on how to compete in a given
business
buying power index - CORRECT ANSWERS -market index of a geographic area's
market characteristics that indicate marketing opportunities
buzz marketing - CORRECT ANSWERS -cultivating opinion leaders and getting them to
spread information about a product or a service to others in their communities
C2B (consumer-to-business) e-commerce - CORRECT ANSWERS -Online exchanges
in which consumers search out sellers, learn about their offers, and initiate purchases,
sometimes even driving transaction terms
, C2C (consumer-to-consumer) e-commerce - CORRECT ANSWERS -online exchanges
of goods and information between final consumers
capacity - CORRECT ANSWERS -rate at which work is capable of being produced.
ability to perform legally valid acts; the ability to incur legal liability or to acquire legal
rights
ABC analysis - CORRECT ANSWERS -inventory control system that divides the
inventory into three classes: A, B, and C, depending on the value and importance of the
item
accelerated depreciation method - CORRECT ANSWERS -allows asset own to take
greater amounts of depreciation during early years of asset's life, defers some of the
taxes until later years
acceptable quality level (AQL) - CORRECT ANSWERS -quality standard that allows for
a prespecified number of defects
acceptance - CORRECT ANSWERS -an assent to an offer in accordance with its terms
accounting exposure - CORRECT ANSWERS -variability in the firm's reported values
for NI and net worth that results from changes in exchange rates
accounting rate of return - CORRECT ANSWERS -capital-budgeting criterion that
relates the returns generated by the project, as measured by average accounting profits
AFTER tax, to avg dollar size of the investment required; AKA simple ROR or
unadjusted ROR
accounts receivable turnover - CORRECT ANSWERS -annual credit sales/ avg A/R
acid test ratio - CORRECT ANSWERS -(CA-inv)/CL. more stringent measure of liquidity
than current ratio. AKA quick ratio
activity-based costing (ABC) - CORRECT ANSWERS -system that accumulates costs
on the basis of production or service activities at a firm. Assigns costs by activity and
links them to specific products
Activity-based management (ABM) - CORRECT ANSWERS -system-wide, integrated
approach that focuses mgmt's attn on activities with the objectives of improving
customer value and the profit achieved by providing this value. ABC is major source of
info for this
advertising - CORRECT ANSWERS -any paid form of non personal communication
designed to gain acceptance of the advertiser's message
QUESTIONS AND CORRECT VERIFIED ANSWERS/
WELL GRADED A+// LATEST VERSION
complicated strategies that determine the best or worst way to accomplish a task or
avoid and undesirable result. Ex of applications: tax planning, capital budgeting
analysisOMPLETE
assembly chart - CORRECT ANSWERS -graphical method for visualizing how the
various parts and subassemblies flow into the assembly process
asset turnover - CORRECT ANSWERS -sales/assets. measure of efficiency of asset
management
assignable causes - CORRECT ANSWERS -causes of poor quality that are due to
problems with materials, machines, or operators and that can be remedied
assignment problem - CORRECT ANSWERS -problem of determining how the
assignments should be made in order to minimize total costs
attribute mapping - CORRECT ANSWERS -technique for IDing new products by
mapping product-line attributes; searching for "attribute space" or possible new attribute
combos for new products
B2B (business-to-business) e-commerce - CORRECT ANSWERS -using B2B trading
networks, auction sites, spot exchanges, online product catalogs, barter sites, and other
online resources to reach new customers, serve current customers more effectively,
and obtain buying efficiencies and better prices
B2C (business-to-consumers) e-commerce - CORRECT ANSWERS -online selling of
goods and services to final customers
baby boomers - CORRECT ANSWERS -78 million ppl born during baby boom, WWII-
early 1960s
bailment - CORRECT ANSWERS -exists when possession of property belonging to one
person is delivered to another person who intends to assume custody or control over
the property and who expressly or implicitly promises to return it to the owner or dispose
of it as directed by the owner
bait-and-switch advertising - CORRECT ANSWERS -technique by which a g/s is
advertised at a low price with intention of attracting customers, then switching them over
to higher-priced items. seller may have no intention of selling "bait item" cust is often
told bait item is out of stock or inferior
,balance of payments - CORRECT ANSWERS -relationship between monies received
from exports and monies paid out for imports
balance of trade - CORRECT ANSWERS -unit of the balance of payments that reflects
the value of all goods imported and exported by any nation
balanced scorecard - CORRECT ANSWERS -approach using multiple measures to
evaluate managerial performance. measures may be financial or nonfinancial, internal
or external, and ST or LT. scorecard allows determination as to whether manager is
achieving certain objectives at the expense of others that may be equally or more
important
bankruptcy - CORRECT ANSWERS -a legal procedure through which the ownership of
a firm's assets is transferred to debt holders. inability to pay debts when due. a business
is insolvent in a legal sense when its financial condition is so bad that total liabilities >
FMV of assets
baud - CORRECT ANSWERS -serial info transfer speed with which a modem receives
and sends data
benchmarking - CORRECT ANSWERS -searching for new and better procedures by
comparing your own procedures to that of the very best
beta (coefficient) - CORRECT ANSWERS -measure of risk based on the sensitivity of
an individual stock's returns to changes in the returns of a broad stock market index;
AKA systematic, market, undiversifiable, and relative risk. Beta < 1: co's stock is less
risky than the market
better business bureaus (BBB) - CORRECT ANSWERS -local business-supported
organizations that maintain records on local business firms and provide info to
concerned customers. local bureaus are part of a loosely tied national system
bill of materials (BOM) - CORRECT ANSWERS -structured parts list that shows the
manner in which the product is actually put together
block diagram - CORRECT ANSWERS -diagram using symbols to explain the
interconnections and info flow between hardware and software
bond rating - CORRECT ANSWERS -ratings assigned by an agency (such as S7P or
Moody's Investors Service) that provides assessment of bond's credit risk
book value - CORRECT ANSWERS -depreciated value of a co's assets (OG cost - AD)
less O/S liabilities
,brainstorming - CORRECT ANSWERS -technique involving group of people who meet
to voice any idea that comes to mind concerning a particular subject in the hopes of
generating new ideas
brand - CORRECT ANSWERS -a name term, sign, symbol, or design, or combo of
them intended to distinguish products of one seller from competitors
brand loyalty - CORRECT ANSWERS -strength of buyer preference for a particular g/s,
usually resulting in repeat buying
brand name - CORRECT ANSWERS -has narrower meaning than brand. the word,
letter, or group thereof that can be spoken
break-even analysis - CORRECT ANSWERS -branch of cost-volume-profit (CVP) anal
that determines the break-even sales, which is level of sales where TC = total rev. at BE
point, no profit or loss
break-even point - CORRECT ANSWERS -level of sales rev that equals the total of
variable and FC for a given volume of output at a particular capacity use rate
budgeting models - CORRECT ANSWERS -computer-based mathematical models
generating hella corp budgets (CF, profitability). help mgmt look at "what-if" questions.
calculations provide a basis for choice among alternatives under conditions of
uncertainty
business cycle - CORRECT ANSWERS -pattern of ups and downs in output of g/s
business ethics - CORRECT ANSWERS -standards by which business activities can be
judged as morally right or wrong
business process reengineering (BPR) - CORRECT ANSWERS -approach aiming at
making revolutionary changes (not evolutionary) by eliminating non-value added steps
in a biz process and computerizing the remaining steps to achieve desired outcomes
business strategies - CORRECT ANSWERS -focus on how to compete in a given
business
buying power index - CORRECT ANSWERS -market index of a geographic area's
market characteristics that indicate marketing opportunities
buzz marketing - CORRECT ANSWERS -cultivating opinion leaders and getting them to
spread information about a product or a service to others in their communities
C2B (consumer-to-business) e-commerce - CORRECT ANSWERS -Online exchanges
in which consumers search out sellers, learn about their offers, and initiate purchases,
sometimes even driving transaction terms
, C2C (consumer-to-consumer) e-commerce - CORRECT ANSWERS -online exchanges
of goods and information between final consumers
capacity - CORRECT ANSWERS -rate at which work is capable of being produced.
ability to perform legally valid acts; the ability to incur legal liability or to acquire legal
rights
ABC analysis - CORRECT ANSWERS -inventory control system that divides the
inventory into three classes: A, B, and C, depending on the value and importance of the
item
accelerated depreciation method - CORRECT ANSWERS -allows asset own to take
greater amounts of depreciation during early years of asset's life, defers some of the
taxes until later years
acceptable quality level (AQL) - CORRECT ANSWERS -quality standard that allows for
a prespecified number of defects
acceptance - CORRECT ANSWERS -an assent to an offer in accordance with its terms
accounting exposure - CORRECT ANSWERS -variability in the firm's reported values
for NI and net worth that results from changes in exchange rates
accounting rate of return - CORRECT ANSWERS -capital-budgeting criterion that
relates the returns generated by the project, as measured by average accounting profits
AFTER tax, to avg dollar size of the investment required; AKA simple ROR or
unadjusted ROR
accounts receivable turnover - CORRECT ANSWERS -annual credit sales/ avg A/R
acid test ratio - CORRECT ANSWERS -(CA-inv)/CL. more stringent measure of liquidity
than current ratio. AKA quick ratio
activity-based costing (ABC) - CORRECT ANSWERS -system that accumulates costs
on the basis of production or service activities at a firm. Assigns costs by activity and
links them to specific products
Activity-based management (ABM) - CORRECT ANSWERS -system-wide, integrated
approach that focuses mgmt's attn on activities with the objectives of improving
customer value and the profit achieved by providing this value. ABC is major source of
info for this
advertising - CORRECT ANSWERS -any paid form of non personal communication
designed to gain acceptance of the advertiser's message
