WGU C201 Guides d'étude, Notes de cours & Résumés

WGU C201 Business Acumen - Chapter 10assembly line - correct answer a series of workers and machines in a factory by which a succession of identical items is progressively assembled. benchmarking - correct answer assessing how well other companies perform business functions or tasks. In other words, benchmarking is the process of determining other firms' standards and best practices. computer-aided design (CAD) - correct answer allows engineers to design products and test prototypes...

WGU C201 | Business Acumen | Chapter 11Marketing - correct answer Organizational function and set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders. How marketing creates utility - correct answer Marketing creates the "want satisfying power" of goods and services by researching what will provide form utility, time, place, or ownership utility. Eras of marketing...

WGU C201 Ch15 Understanding accounting and financial statementsowner's equity - correct answer According to the accounting equation, a claim against the assets of the business; excess of assets over liabilities is (_____). certified public accountant - correct answer A(n) (_____) is a professional who has met specified educational and experiential requirements, and passed a comprehensive examination on accounting theory and practice. certified management accountant - correct answer ...

WGU C201 Chapter 3"In the United States, changes in price levels are tracked by the (_____), which measures the monthly average changes in prices of goods and services." - correct answer consumer price index (CPI) The term used to describe the study of the overall operations of an economy and its various components is known as (_____). - correct answer macroeconomics (_____) refers to the study of the economic activities of a firm or an individual. - correct answer microeconomics ...

WGU C201 Chapter 12 Product - correct answer A bundle of physical, service, and symbolic characteristics designed to satisfy consumer wants. Product strategy - correct answer The part of marketing that deals with product/service development. It also manages package design, trademarks and other product identification, warranties, product life cycle, and new-product development Classifying goods and services - correct answer Broad categories included business to consumer (B2C) and bus...

WGU C201 Chapter 13Promotion - correct answer The function of informing, persuading, and influencing a purchase decision. Integrated Marketing Communications (IMC) - correct answer The coordination of all promotional activities—media advertising, direct mail, personal selling, sales promotion, and public relations—to produce a unified, customer-focused promotional strategy. Promotional mix - correct answer Combination of personal and nonpersonal selling components designed to m...

WGU C201 Chapter 15Accounting - correct answer process of measuring, interpreting, and communicating financial information to enable people inside and outside the firm to make informed decisions open book management - correct answer allowing employees to view financial information helps them better understand how their work contributes to the company's success, which, in turn, benefits them Which is the permanent financial statement? - correct answer Balance sheet Balance sheet -...

WGU C201 Chapter 17financial managers - correct answer executives who develop and implement their firm's financial plan and determine the most appropriate sources and uses of funds vice president for financial planning - correct answer responsible for preparing financial forecasts and analyzing major investment decisions treasurer - correct answer responsible for all of the company's financing activities including cash management, tax planning, and shareholder relations. control...

WGU C201 | Business Acumen | Chapter 14Data - correct answer Raw facts and figures that may or may not be relevant to a business decision. Information - correct answer Knowledge gained from processing data. Information system - correct answer Organized method for collecting, storing, and communicating past, present, and projected information on internal operations and external intelligence. Chief information officer (CIO) - correct answer Executive responsible for managing a fir...

WGU C201 | Business Acumen | Chapter 14Data - correct answer Raw facts and figures that may or may not be relevant to a business decision. Information - correct answer Knowledge gained from processing data. Information system - correct answer Organized method for collecting, storing, and communicating past, present, and projected information on internal operations and external intelligence. Chief information officer (CIO) - correct answer Executive responsible for managing a fir...