BUS 660 FINAL EXAM Completed with 100% Answers 2025

When an individual chooses his or her ideal career, it is most likely a reflection of one's - values Of the following, which is not considered a basic management function necessary to be an effective manager? yelling at people controlling leading and motivating organizing - yelling at people Cultural diversity represents - the differences among people in the workforce The ability for a manager to think in abstract terms while envisioning the "big picture" falls into the category of , deemed an important managerial trait. - conceptual skills What resource tells the managers of a business how effectively the other resources are being combined and used? - informational Green Thumbody wants to start a residential landscaping business. How would this business most likely be classified? - a service business Best Buy would most likely be classified as - marketing intermediary The ultimate objective of every firm, such as IBM, Hewlett-Packard, JC Penney, and Cengage Learning, must be to... - satisfy the needs of its customers The relationship between sales and profits can be written as - sales revenue - expenses = profit During 2013, Just-the-One Jewelry had sales revenues of $1,500,000. This retailer also had expenses that totaled $800,000. What is the firm's profit or loss amount? - $700,000 At the end of the year, an individual, small business owner has made $65,000 in profit. Who does that profit belong to? - the business owner the study of how wealth is created and distributed. - economics The study of an individual's economic decisions would be an example of - microeconomics