Brainarium

Organizations - CORRECT ANSWER-People working together to achieve a common purpose Value creation - CORRECT ANSWER-When an organizations operations add value to the original cost of resource inputs Specific (task) environment - CORRECT ANSWER-Organizations, groups, people that organizations interact and conduct business with Examples of specific (task) environment stakeholders - CORRECT ANSWERCustomers, suppliers, competitors, regulators, investors, owners Competitive advantage - CORRECT ...

competitive advantage - CORRECT ANSWER-core cometency that clearly sets the organization apart from its competition and gives it advantage in the market place how can companies achieve competitive advantage? - CORRECT ANSWER-high quality, customer service, cost efficiency, better delivery what is scientific management? - CORRECT ANSWER- • develop rules of motion • standarized work • carefully selected workers with right abilities • carefull training and proper incentives • sup...

What occurs when average people come up with unique ways to deal with daily events and situations - CORRECT ANSWER-Little-C Creativity Systems that collect, organize, and distribute data for use in decision-making - CORRECT ANSWER-Management Information Systems An ability to address many problems at once - CORRECT ANSWER-Multi-Dimensional Thinking A decision that applies a specific solution crafted for a unique problem - CORRECT ANSWER-Nonprogrammable Decision A choice among possible alt...

When a business creates new products and production methods that have reduced environmental impacts - CORRECT ANSWER-Sustainable Innovation Also called task environment, consists of the actual organizations, committees, groups and persons with whom a business interacts with and conducts business with - CORRECT ANSWER-Specific Environment The creation for value for satisfying needs for stakeholders - CORRECT ANSWER-Value Creation Helping an organization do same things as other business but...

The process of purchasing materials, manufacturing components, or business services from around the world for local use - CORRECT ANSWER-Global Sourcing A local firm pays a fee to a foreign firm for rights to make or sell its products in a particular region - CORRECT ANSWER-Licensing Agreement A form of licensing in which the foreign firm buys the rights to use another name and operating methods in its home country - CORRECT ANSWER-Franchising Building, buying all or part ownership of a b...

A company's business model - CORRECT ANSWER-sets forth how its strategy and operating approaches will create value for customers while at the same time generating revenues sufficient to cover costs and realize a profit The two crucial elements of a company's business model are - CORRECT ANSWER-its customer value propoition (which lays out the company's approach to satisfying buyer needs and requirements at a price they will consider a good value) and its profit proposition or "...

1. Which of the following is NOT an action company co-managers can take to boost a sub-par ROE? - CORRECT ANSWER-Issue additional shares of stock and use the proceeds to pay down the debt outstanding on the company's line of credit. 2. Which one of the following actions is usually a dependable and appealing way for managers to try to boost their company's EPS? - CORRECT ANSWER-Achieve a differentiation-based competitive advantage over rivals in both the entry-level and multi-feature...

World unit sales of wearable, miniature action-capture cameras are reliably projected to grow - CORRECT ANSWER-at 6-8% annually during the Year 6- 10 period and at 4-6% annually during the Year 11-15 period The benefits of current and cumulative expenditures for camera/drone product R&D do not include which of the following? - CORRECT ANSWERReducing the warranty period and repair cost (these two benfits show up at the beginning of the current year) The factors that affect the P/Q rating...

Hand tools and power tools should be cleaned and stored in the same manner. - CORRECT ANSWER-FALSE Degreasers can be broken down into two main categories: - CORRECT ANSWERD) Solvent-based and water-based A tool's worst enemy is ___________. - CORRECT ANSWER-C) Rust Types of lubricants on the market include: - CORRECT ANSWER-D) All of the above The purpose of a lubricant is to ____________________. - CORRECT ANSWERReduce friction and wear When thinking about cleaning and maintaining t...

What would be the BEST choice for high level disinfection of instruments? - CORRECT ANSWER-phenolics Thread-like tails attached to cells that permit bacteria to move through liquids is known as: - CORRECT ANSWER-flagella What type of stain test would be performed in order to identify bacterial traits? - CORRECT ANSWER-Ziehl-Neelsen Microorganisms that are capable of forming a thick wall around themselves that enables them to survive in adverse conditions are referred to as: - CORRECT ANS...

• When an agency receives a Wanted Person HIT and the person appears to be the subject of the record and his whereabouts are unknown, the agency should immediately confirm the record with ORI of the record regardless of extradition limitations. - CORRECT ANSWER-False • When validating, it is necessary to be sure: - CORRECT ANSWER-all of these • If known the what number should be used in all Interstate Identification Index (Triple III) inquiries. - CORRECT ANSWER-FBI • The crimina...

1.1 Functions 1) Classify the following relationship as a function or not a function. {(15, 10), (-10, -20), (-20, -16), (-14, 1), (-12, -14)} A) a function B) not a function C) don't know Answer: A Diff: 1 Var: 1 Chapter/Section: Ch 01, Sec 01 2) Classify the following relationship as a function or not a function. {(4, 10), (18, -2), (12, 2), (4, 16)} A) a function B) not a function C) don't know Answer: B Diff: 1 Var: 1 Chapter/Section: Ch 01, Sec 01

1.1 Multiple Choice Questions 1) Ethics are fundamental to character because: A) They are essential for building great wealth and power. B) They specify the guiding principles on which character is built. C) They provide guidance to become superior to others in talent and intellect. D) All of the above E) None of the above Answer: B Page Ref: 2 Objective: Develop the ability to understand the essence of good character. Level: Basic2 Copyright © 2024 Pearson Education, Inc. 2) All of...

1. Setting a friendly and respectful tone for your conversation encourages your audience to respond. a. True b. False ANSWER: True POINTS: 1 REFERENCES: The Craft of Public Speaking QUESTION TYPE: True / False HAS VARIABLES: False LEARNING OBJECTIVES: PBSP LO1.3.5 - Define participants in the context of a communication model. 2. Effective public speaking is limited to delivery techniques. a. True b. False ANSWER: False POINTS: 1 REFERENCES: Foundations of Public Speaking QUESTION ...

1. Identify and describe the major labor relations issues facing Walmart and the likely stakeholders to be affected. The major labor relations issues facing Walmart include concerns over income equality as well as the company‘s policies and practices regarding overtime pay; employment of undocumented immigrants; allegations of gender discrimination against women; concerns about employee treatment overall; and the question of unionization. The likely stakeholders affected are the 2.2 mill...

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The development and implementation of a new business is part __________ & part ___________. - CORRECT ANSWER-art and science Small companies have flourished in the U.S. because they? a. respond more quickly to customer needs b. have better organizational policies/procedures c. often expand easily in mature industries d. employ more skilled people than large businesses - CORRECT ANSWER-a. respond more quickly to customer needs What term is used to describe individuals or other organizatio...

which of the following information should be obtained in the application/interview process - CORRECT ANSWER-work history, education and training, social security number job advertisements written for a new hire should - CORRECT ANSWER-be kept concise and should communicate the culture of the firm which of the following is true of the fair labor standards act (FLSA) - CORRECT ANSWER-it requires that all nonexempt employees who work over 40 hours a week should be paid at the rate of time an...

What is the major difference between the board of directors and the board of advisors? - CORRECT ANSWER-A board of directors has fiduciary responsibility, whereas a board of advisors advises the firm. In the context of legal forms of business, identify a true statement about a limited liability partnership (LLP) - CORRECT ANSWER-In a limited liability partnership, limited partners can work at the firm but not be active in its management. OSHA has attempted to shape its regulations to be mo...

In the context of legal forms of business, identify a true statement about limited liability partnership (LLP). - CORRECT ANSWER-In a limited liability partnership, limited partners can work at the firm but not be active in its management. In the context of legal forms of business, a general partner in a limited liability partnership - CORRECT ANSWER-has unlimited liability for any debts or judgments against the firm. When forming a sole proprietorship or a partnership, the business debts ...