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MIE 201 exam #5 accounting - correct answer is the recording, measurement, and interpretation of financial information. certified public accountant (CPA) - correct answer an individual who has been certified by the state in which he or she practices to provide accounting services ranging from th...

MIE 201 Test 1 business - correct answer any profit seeking organization that provides goods and services designed to satisfy customers' needs revenue - correct answer money a company brings in through the sale of goods and services business model - correct answer a concise description of ho...

MIE 201 Chapters 1-3 (Test 1) business - correct answer individuals’ organizations who try to earn a profit by satisfying needs product - correct answer tangible or intangible characteristics that provide benefits profit - correct answer what it costs to make vs what the customer pays st...

MIE 201 TEST 1 (Chapters 1-4)Revenue - correct answer money a company brings in through the sale of goods and services Business - correct answer any profit seeking organization that provides goods and services designed to satisfy customer's needs Business Model - correct answer a concise desc...

MIE-201 Exam 2 practice questionslimited partnership - correct answer Sam and Mary have started a business together; Mary put up half the money but is not involved in the management of the company. Sam does all the hiring and supervising as well as the general operation of the company. They share in...

MIE 201 exam 3 What are needs and wants - how is demand created? - correct answer You're hungry and you don't want to be hungry. You NEED to eat. Needs create the motivation to buy products and are the core of any decision of marketing. Your wants are based on your needs but are more specific. ...

MIE 201 Exam 4 (11,12,13) marketing - correct answer a group of activities designed to expedite transactions by creating, distributing, pricing, and promoting goods, services, and ideas exchange - correct answer the act of giving up one thing ($, credit, labor, goods) in return for something el...

MIE 201 Exam 5accounting - correct answer the recording, measurement, and interpretation of financial information securities and exchange commission's SEC - correct answer federal government has taken a greater role in making rules, requirements, and policies for accounting firms and businesses ...

MIE 201 Exam 3 Channel Marketing - correct answer an organized network of firms that work together to get goods and services from producer to consumer. Distribution strategy - correct answer overall plan for moving products to buyers Wholesalers - correct answer sell to organizational cust...

MIE 201 jeopardy questionsThis is a legal entity whose assets and liabilities are separate from those of its owner. It can also enter into contracts with individuals or other legal entities - correct answer corporation flexibility and control of the business: the ability to make decisions on the ...

MIE 201- Exam 4 Customer benefits subtracted by customer costs=____________________ - correct answer Value American Girl Manufactures dolls for young girls between the ages 3 to 12. This specific group of consumers is the company's __________________ market. - correct answer Target Which of ...

MIE 201 Exam 2: Chapters 4, 5, 8Chapter 4 - correct answer Sole Proprietorship - correct answer - One owner - Individual income taxed - Unlimited liability - Owned by a single individual and is the easiest way to conduct business Advantages of Sole Proprietorship - correct answer - ease an...

MIE 201 Exam 3 Organization Structure - correct answer A framework that enables managers to divide responsibilities, ensure employee accountability, and distribute decision making authority Organization Chart - correct answer A diagram that shows how employees and tasks are grouped and where the...

Mie 201: Makanui: Chapter 1 Business - correct answer tries to earn a profit by providing products that satisfy people's needs Products - correct answer the outcome of a business's efforts; can have tangible and intangible characteristics; goods, services, ideas profit - correct answer the ...

MIE 201 Exam 4marketing - correct answer group of activities designed to expedite transactions by creating, distributing, pricing, and promoting goods, services, and ideas functions of marketing - correct answer buying, selling, transporting, storing, grading, financing, market research, risk tak...

NCSU MIE 201 Final retailer’s vs wholesalers - correct answer wholesalers sell to other organizations retailers sell for personal use third party logistics - correct answer an outsourcing trend where firms aid organizations with supply chain management (order fulfillment, product repair, cu...