Exam study book Bus Rapid Transit Practitioner's Guide of Kittelson & Associates, DMJM+HARRIS., Transit Cooperative Research Program, Transit Development Corporation - ISBN: 9780309098847 (BUS 120 FINAL EXAM)
BUS 120 FINAL EXAM 2024 ACTUAL EXAM COMPLETE
250 QUESTIONS WITH DETAILED VERIFIED ANSWERS
(100% CORRECT ANSWERS) /ALREADY GRADED A+
The items included in the consumer price index (CPI) "market basket" - ANSWER:
Goods and services bought by the average consumer
_____the relationship era introduced the idea: - ANSWER: Cultivsting current
costumers is more important than seeking new ones
The process whereby a company promotes environmentally friendly products as a
benefit for it consumers - ANSWER: Green marketing
Today the economies of virtually all nations would be classified as - ANSWER: mixed
economies
As competition has become truly global, free trade has resulted in _____ prices and
_____ quality across virtually every product category. - ANSWER: lower, higher
Are companies that invest in start-up businesses with high growth potential in
exchange for.... - ANSWER: Venture capitalists
A key advantage of a corporation is that - ANSWER: the owners maintain limited
liability
The____is an index based on the adjusted average price of stocks of 30 major.... -
ANSWER: Dow Jones industrial Average
____Economics is divided into two core areas of study - ANSWER: Macroeconomics
and microeconomics
_____imports and exports enhance international trade, which creates growing
opportunities for businesses. Which is not a benefit of global trade - ANSWER: Less
competition
_____Entrepreneurs are commonly characterized as - ANSWER: Risk takers and
decision makers
The goal of ______ is to meet the needs of the current generation without harming
the ability.... - ANSWER: Sustainable development
_____the most basic level of international market development and involves
shipping domestically produced .... - ANSWER: Exporting
A_____is any activity that provides goods and services to earn profit - ANSWER:
Business
, ______the primary function of management are - ANSWER: Planning, organizing,
leading, and controlling
____can be produced independently of the consumer and then stored and shipped -
ANSWER: Goods
_____refers to computer programs that provide instructions for a computer to excite
a desired task - ANSWER: Software
_____refers to the physical components used to collect, store, organize.... -
ANSWER: Hardware
The Fair Labor Standards Act of 1938 established a minimum wage and overtime pay
for workers who: - ANSWER: Work more than 40 hours a week
______included compensation such as health insurance, sick leave, and childcare or
elder care programs offered to an employer's workers - ANSWER: Benefits
____refers to the combination of pay & benefits that employees receive in exchange
for their work - ANSWER: Compensation
_______are consumed when and where they are produced and they often require
the costumer ..... - ANSWER: Services
An_____measures the ability to pay short term liabilities as came due - ANSWER:
Liquidity ratio
_____the majority of businesses today are formed as - ANSWER: Sole
proprietorships
Stockholders are the ____of a corporation. They have the right to vote on issues
affecting the operation of the business - ANSWER: Owners
_____are professional managed funds that pool the contributions of thousands of
investors - ANSWER: Mutual Funds
_____the party is a franchise relationship that pays for the right to use resources
supplied by another business entity is known as - ANSWER: Franchisee
In communication the term ____refers to any interference that causes the message
received by the audience to be different - ANSWER: Noise
_____is what the firm owes its creditors - ANSWER: Liabilities
Weather individuals who invest in new and growing firms - ANSWER: Angel investors
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