WGU C201 BUSINESS ACUMEN OBJECTIVE
ASSESSMENT 2024/ACTUAL EXAM WITH 400+
QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED
A+/NEWEST 2024-2025
etching of plastic layers into different shapes by laying downsuccessive layers of
material to form a 3D solid object RIGHT ANS:->> 3D Printing
A sovereign wealth fund is: RIGHT ANS:->>a form of private equity owned by
governments.
In which three ways does business-buying behavior differ from consumer-buying
behavior? RIGHT ANS:->>
A group or committee often makes decisions
Purchasers often invite selected providers to bid on a purchase
Buyers face organizational influences that affect their own preferences
Personal selling works best when:RIGHT ANS:->>
A rise of interest rates on these securities a product has a relatively high price
Which two economic impacts should a manager anticipate when the U.S.
government reduces the number of Treasury bills, Treasury Notes, and Treasury
,bonds it sells? RIGHT ANS:->>
An increase in overall cost of debt to private borrowers
Which type of information system should be accessed by the vice president of sales
for a national department store chainwho wants to see the previous day's sales
receipts? RIGHT ANS:->>A transaction processing system
With which two types of products does a marketing strategy rely on
advertising more than personal selling? RIGHT ANS:->>
Accessories to primary products
Consumable supplies
Accounting RIGHT ANS:->>process of measuring, interpreting, and
communicating financial information to enable people inside and outside the
firm to make informed decisions
Accounting Cycle RIGHT ANS:->>set of activities involved in converting
information and individual transactions into financial statements
Accounting Cycle RIGHT ANS:->>The is a set of activities involved in
converting information and individual transactions into financial statements.
,Accounting Cycle RIGHT ANS:->>The procedure by which accountants convert
data about individual transactions to financial statements is called
Accounting Equation RIGHT ANS:->>formula that states that assets must
equal liabilities plus owners' equity
Accurual accounting RIGHT ANS:->>accounting method that records revenues
and expenses when they occur, not necessarily when cash actually changes hands
Achievement of company goals RIGHT ANS:->>Which primary
driver does management use for an organization's structure?
activity RIGHT ANS:->>Inventory turnover describes how efficiently a
company is managing its sales and purchases of inventory. This is an example of
a(n)
ratio
.
Adding new users, finding new uses for the product, increasing frequency of
use. RIGHT ANS:->>After years of marketing a body lotion, a cosmetics
company begins promoting the lotion as an insect repellent as well.In which three
product life cycle extension strategies did this company engage?
, Administering securities laws and protecting investors RIGHT ANS:-
>>What is the primary responsibility of the Securities and Exchange
Commission (SEC)?
Advertising RIGHT ANS:->>paid nonpersonal communication, usually targeted
at large numbers of potential buyers
Affinity Program RIGHT ANS:->>marketing effort sponsored by an
organization that solicits involvement by individuals who share common interests
and activities
Affinity Programs RIGHT ANS:->>Which marketing tool is often used to build
effective relationship marketing campaigns?
analytic and synthetic RIGHT ANS:->>What are the two main production systems
Analyzing major investment decisions RIGHT ANS:->>What is one role of a
financial manager?
anticipate needs before those needs surface. RIGHT ANS:->>The best marketers
not only give consumers what they want but also:
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