BUAD 453 EXAM UTK 40 HOUR TRAINING QUESTIONS WITH CORRECT ANSWERS
4 views 0 purchase
Course
BUAD 453 UTK
Institution
BUAD 453 UTK
BUAD 453 EXAM UTK 40 HOUR TRAINING QUESTIONS WITH CORRECT ANSWERS
In order to reduce costs and gain more control, KFC bought a chicken processing plant in Thailand. This is called :
a. forward vertical integration
b. conglomerate
c. backward vertical integration
d. product proliferation - A...
BUAD 453 EXAM UTK 40 HOUR
TRAINING QUESTIONS WITH CORRECT
ANSWERS
In order to reduce costs and gain more control, KFC bought a chicken processing plant
in Thailand. This is called :
a. forward vertical integration
b. conglomerate
c. backward vertical integration
d. product proliferation - Answer-
(different modes of choices)
An acceptable choice arrived at efficiently but not necessarily the optimal choice:
a. systems thinking
b. rational analysis
c. bargaining
d. satisficing - Answer-satisficing
(different modes of choices)
Understanding power and persuasion is an important element of this choice process
a. systems thinking
b. judgement
c. bargaining
d. satisficing - Answer-bargaining
(different modes of choices)
Negotiation is a critical skill in this choice process
a. systems thinking
b. judgement
c. bargaining
d. satisficing - Answer-bargaining
(different modes of choices)
Choices based on intuition or gut feel
a. systems thinking
b. judgement
c. bargaining
d. satisficing - Answer-judgement
(different modes of choices)
Linear, step-by-step analysis leading to a choice
a. systems thinking
, b. rational analysis
c. bargaining
d. satisficing - Answer-rational analysis
(different modes of choices)
Facts dominate the decision process
a. systems thinking
b. rational analysis
c. bargaining
d. satisficing - Answer-rational analysis
(different modes of choices)
Severe time pressures associated with making the choice
Facts dominate the decision process
a. systems thinking
b. rational analysis
c. bargaining
d. satisficing - Answer-satisficing
Which of the following are not perspectives within the balanced scorecard:
a. customer
b. learning and growth
c. external stakeholders
d. internal business processes - Answer-external stakeholders
The ratio Cost of Goods Sold/Revenue indicates how efficiently a company can:
a. produce a good
b. design a good
c. advertise a good
d. sell a good - Answer-produce a good
The asset turnover of a company is 12.2x. What do you infer from this?
a. 12.2% of the company's revenue is invested in fixed assets.
b. the cost of capital invested on assets is 12.2% of the total profit.
c. each dollar of a company's assets generates $12.20 of revenue.
d. the return on assets will break even in 12.2 years - Answer-each dollar of a
company's assets generate $12.20 of revenue
If a firm wants to improve its ROA, what are its two choices?
a. it can try to increase costs or lower prices
b. it can try to increase its inventory and grow its assets
c. it can try to generate more sales off of assets and/or more profit off of sales.
d. it can try to increase the amount of sales generated from retained earnings and sell
common stock. - Answer-it can try to generate more sales off of assets and/or more
profit off of sales
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller wisdompoint. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
