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BUSI 1301 Final Exam Questions With 100% Verified Answers $10.49   Add to cart

Exam (elaborations)

BUSI 1301 Final Exam Questions With 100% Verified Answers

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  • Course
  • BUSI 1301
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  • BUSI 1301

BUSI 1301 Final Exam Questions With 100% Verified Answers Products have tangible attributes only - answerFalse The goal of business activities is profit - answerTrue Nonprofit organization such as habitat for humanity do not engage in management, marketing, or finance activities. - answerFalse...

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  • September 29, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BUSI 1301
  • BUSI 1301
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BUSI 1301 Final Exam Questions With 100%
Verified Answers


Products have tangible attributes only - answer✔False


The goal of business activities is profit - answer✔True


Nonprofit organization such as habitat for humanity do not engage in management, marketing, or

finance activities. - answer✔False


Profit is what it cost to make and sell a product - answer✔False


Businesses have the right to keep and use their profits as they choose, without limitations. -

answer✔False


Businesses differ from nonprofit organizations in that a business's focus is on - answer✔profit


When purchasing a product, the consumer is actually buying its anticipated benefits and -

answer✔satisfaction


If a business is to be successful in the long run, it must treat its customers, employees, and

community with social - answer✔responsibility


Which of the following is not a product? - answer✔business proft

, ©BRAINBARTER 2024/2025


The goal of business is to earn - answer✔a profit


Which of the following has been cited ass incidents fo unethical business activity recently? -

answer✔unfair competitive practices in the computer industry


Deceptive advertising of food and diet products

accounting fraud

Improper use of the internet


Which of the following statements is false? - answer✔ethical issues are limited to for-profit

organizations


What is business ethics? - answer✔is a form of applied ethics or professional ethics that

examines ethical principles and moral or ethical problems that arise in a business environment

An ethical issue is an idnetfiable problem, situation, or opportunity that requires a person or

organization to choose from among several actions that may be evaluated as ethical or unethical.

- answer✔True


The best way to judge the ethics of a decision is to look at it from a manage's or employee's point

of view. - answer✔False


The size of the transaction, the history or personal relationships within the particular company,

and many other factors may determine whether a customer gift will be judged as ethical. -

answer✔True

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