BUS 100 (BUS 100)

1. _____ software takes the electronic design for a product and creates the programmed instructions that robots must follow to produce a product as efficiently as possible. 2. _____ software provides powerful drawing and drafting tools that enable users to create and edit blueprints and design drawings quickly and easily. These programs allow users to create three-dimensional drawings. 3. Services are: 4. In operations management, _____ refers to completing a task or producing a prod...

Which of the following sets of terms describe approaches used by B2C marketers to segment their markets? 2. Many firms develop a formal _____ to answer the question: Who is your target market and how do you plan to reach them? 3. _____ satisfies wants by converting inputs into a finished product 4. According to the textbook, using scanner data from retail sales is an example of 5. _____ is the process of continually collecting information from the external marketing environment. 6. ...

The _____ is supported by the Small Business Administration and provides comprehensive counseling for small businesses. 2. A(n) _____ is a formal document that describes a business concept and outlines the core business objectives while detailing the strategies and timelines for achieving those objectives. 3. The Small Business Administration offers a(n) _____ program, which lends small amounts of money to start-up businesses through community nonprofit organizations. 4. Over the last d...

A basic characteristic of _____ is that both producers and consumers are free to make their own economic decisions on many basic issues. 2. The federal government runs a budget deficit when its 4. _____ means that prices on average are rising. 5. Two key phases of the business cycle are 6. Changes in the PPI can predict changes in the Consumer Price Index (CPI) because 7. _____ measures the total value of all final goods and services produced within a nation’s borders over a giv...

Given the importance of _____ to workforce effectiveness, some business experts, such as management guru Peter Drucker, separate this factor from human resources. 2. As competition has become truly global, free trade has resulted in ____ prices and ____ quality across virtually every product category. 3. Successful firms of today would 4. The four major categories of factors of production are 5. The marketing era introduced 6. In order to compete effectively, many companies have t...