Busn Study guides, Study notes & Summaries

BUSN 201 Exam 1 Questions and Answers All Correct What is a 360 degree feedback? - Answer-purpose is to ensure that employees (mostly managers) get feedback from all directions—from supervisors, reporting subordinates, coworkers, and even customers. What is upward feedback? - Answer-requires only the manager's subordinates to provide feedback. What is a labor union? - Answer-an organized group of workers that bargains with employers to improve its members' pay, job security, and work...

Instructor Manual for BUSN: Introduction to Business 12th edition by Marcella Kelly; Chuck Williams

BUSN 11 Exam Questions with All Correct Answers When starting a business, a new owner will be asked for this document by capital suppliers, key employees and possible supplier - Answer-A business plan Business forms that are designed to limit liability to owners, limit the amount an owner can lose to - Answer-The amount they have invested in the company What is the most closely followed stock market index, which gauges the direction of the market - Answer-Dow Jones Industrial Average ...

BUSN 201 QUIZ QUESTIONS WITH ALL CORRECT ANSWERS What is the first step in the production process? Determining the quantity of products the company will produce. Deciding which type of production process is best for your company. Picking a location for your company. Determining how the company can produce high quality products at a low cost. - Answer-Deciding which type of production process is best for your company. When choosing a location for an online Links to an external site c...

Instructor Manual for BUSN: Introduction to Business 12th edition by Marcella Kelly; Chuck Williams

BUSN 201 Exam 3 Questions with Correct Answers Which of the following is not one of the four primary functions of management? Organizing directing budgeting- planning - Answer-budgeting- A firm's _____ system consists of the combination of technologies, procedures, and people who collect and distribute the information needed to make decisions and coordinate and control company wide activities. management information system decision support system data flow system infor...

BUSN 201 Midterm Test Questions and Answers All Correct business plan - Answer-1. know your customer 2. know why you will win 3. know how you will win 4. know what it will take to win 5. demonstrate why others should believe in you Franchising - Answer-selling to a foreign organization the rights to use a brand name and operating know-how in return for a lump-sum payment and a share of the profits Franchise Advantages - Answer-brand recognition pre-launch purchasing power mark...

BUSN 201 Test Questions with Complete Solutions Creating responsible supply chains within SMEs: - Answer-1. Understanding of business principles. 2. The champion and low-hanging fruit. 3. Integration and challenges. 4. Business benefits. Understanding of business principles - Answer-The management must understand what responsible management is and how it can operate responsibly. This will be based on the organization's core values and then putting them into action. The champion and...

Instructor Manual for BUSN: Introduction to Business 12th edition by Marcella Kelly; Chuck Williams

(15) BUSN Ch. 14 all correct questions with correct answers