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BCOR 350 Assignment 1 & 2 (2022/2023) (Verified Answers)
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BCOR 350 Assignment 1 & 2 (2022/2023) 
(Verified Answers) 
Which of the following is NOT considered a competitive to OutBound? 
Answers: 
Target 
Macy's 
Nordstrom 
Sears 
All of the above are not competitors to OutBound All of the above are not competitors to 
OutBound 
Outbound's promotional strategy can be characterized as: Creating differentiation 
Base on the marketing plan, how is the target market described? Demographically
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BCOR 370 WVU exam 1 Houghton Questions and Answers 100% Pass
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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, effectively and efficiently through, and with 
other people
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BCOR 460 Exam 1 Latest 2023 Graded A
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Strategic Management integrative management field that combines analysis, formulation, 
and implementation in the quest for competitive advantage 
strategy set of goal-directed actions a firm takes to gain and sustain superior performance 
relative to competitors 
plan, ploy, pattern, position, perspective 5 P's of Strategy 
plan consciously intended course of action to deal with a situation 
ploy specific "maneuver" intended to outwit a competitor
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BCOR 1015 Final Questions and Answers Graded A
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What are Hayeks views on planning and decision making? he believes in decentralized 
knowledge 
HAYEK: what is decentralized knowledge? spreading knowledge amongst people 
is Hayek against centralization? yes 
HAYEK: how does the price system coordinate resources? price signals are used to make 
decisions and send information to other groups because prices are lower or higher 
what are price signals? signals wrapped up in incentives; prices can constantly adapt and 
update in response to new inf...
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BCOR 1015 MIDTERM 1 LATEST 2023 RATED A
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the main economic questions (rational economic problem) 1. What product am I making 
2. who is going to make it 
3. who gets the product 
scarcity is either... real or articficial 
hayek believed that knowledge is incomplete, prices are the signals, decision making must be 
decentralized 
Hayeks view on markets markets are a systematic process that allows us to pool knowledge 
hayek thinks economic problems arise due to ... change
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BCOR 1030 Final Exam Questions and Answers Rated A
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How does culture influence communication? 
it provides a framework that shapes the messages you send and receive everyday 
High context cultures 
gather subtle information from facial expressions, vocal cues, and even silence in interpreting 
messages 
Low context cultures 
rely on language and meanings of words 
Individualistic cultures 
value their own interests more than the group 
Collectivist cultures
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BCOR 2040: Midterm Questions and Answers 100% Pass
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Which of the following is a framework for evaluating environmental factors for companies? 
PESTLE 
Who said " If a first idea is not absurd, there is no hope for it"? Albert Einstein 
Choose the correct order for the creative process as taught in class search, collision, decision, 
trial 
Committing significant resources to top concepts happens at what phase of the creative process? 
Trial 
Bringing people and/or ideas together happens at what stage in the creative process? 
Collision
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BCOR 2201 Marketing Final Review Questions and Answers Already Passed
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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 marketed) 
Pric...
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BCOR 2205 Final Exam Questions and Answers 100% Verified
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Which category of analytics will knowledge workers use to perform their jobs? All answers 
are correct: 
Descriptive analytics techniques that describe past performance and history. 
Predictive analytics techniques that extract information from data and use it to predict future 
trends and identify behavioral patterns. 
Prescriptive analytics techniques that create models indicating the best decision to make or 
course of action to take. 
Which of the following refers to applications and technol...
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BCOR 2205 Final Exam Review Already Passed
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BCOR 2205 Final Exam Review Already 
Passed 
Internet of Things (IoT) A world where interconnected, internet-enabled devices or "things" 
have the ability to collect and share data without human intervention. 
Data Raw facts that describe the characteristics of an event or object. 
Information Data converted into a meaningful and useful context. 
I.E. Best selling product, best customer 
Business Intelligence Information collected from multiple sources that analyze patterns, 
trends, and relat...
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