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Package deal information:: BCOR 2205 Exam Questions and Answers 100% Verified
Package deal information:: BCOR 2205 Exam Questions and Answers 100% Verified
[Show more]Package deal information:: BCOR 2205 Exam Questions and Answers 100% Verified
[Show more]Business Problems How much to produce, How much to buy, When to open the store, What 
products to promote? 
Decision making types Strategic decisions, Tactical (managerial) decisions, and operational 
decisions 
Strategic decisions A decision that involves higher-level issues and that is concerned w...
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Add to cartBusiness Problems How much to produce, How much to buy, When to open the store, What 
products to promote? 
Decision making types Strategic decisions, Tactical (managerial) decisions, and operational 
decisions 
Strategic decisions A decision that involves higher-level issues and that is concerned w...
What does the abbreviation "IPO" stand for? Initial Public Offering 
Investing in stock is an equity investment; so the company pays the investor back in interest 
payments. FALSE! 
A ___ order to buy or sell a stock becomes a ___ order once the specified price occurs. Stop, 
Market 
According to ...
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Add to cartWhat does the abbreviation "IPO" stand for? Initial Public Offering 
Investing in stock is an equity investment; so the company pays the investor back in interest 
payments. FALSE! 
A ___ order to buy or sell a stock becomes a ___ order once the specified price occurs. Stop, 
Market 
According to ...
strategy a set of goal-oriented actions a firm takes to gain and sustain better performance 
over competitors 
strategy managment combines analysis, formulation, and implementation in finding 
competitive advantage 
mastery= view organization as a whole 
competitive parity two or more firms perform ...
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Add to cartstrategy a set of goal-oriented actions a firm takes to gain and sustain better performance 
over competitors 
strategy managment combines analysis, formulation, and implementation in finding 
competitive advantage 
mastery= view organization as a whole 
competitive parity two or more firms perform ...
What is the institutionalization of business ethics? 
Explicitly articulating moral standards and embedding them- via specific programs, structures, 
and institutions- in the culture of organizations, industries, and economies 
How does this process help to explain why you are taking this class? 
He...
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Add to cartWhat is the institutionalization of business ethics? 
Explicitly articulating moral standards and embedding them- via specific programs, structures, 
and institutions- in the culture of organizations, industries, and economies 
How does this process help to explain why you are taking this class? 
He...
Intellectual property any property resulting from intellectual and creative purpose (books, 
computer files, mobile apps, movies, music) 
Trademark A distinctive word, symbol, or design that identifies the manufacturer as the 
source of particular goods and distinguishes its products from those made...
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Add to cartIntellectual property any property resulting from intellectual and creative purpose (books, 
computer files, mobile apps, movies, music) 
Trademark A distinctive word, symbol, or design that identifies the manufacturer as the 
source of particular goods and distinguishes its products from those made...
BCOR 2205 Final Exam Review Already 
Passed 
Internet of Things (IoT) A world where interconnected, internet-enabled devices or "things" 
have the ability to collect and share data without human intervention. 
Data Raw facts that describe the characteristics of an event or object. 
Information Dat...
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Add to cartBCOR 2205 Final Exam Review Already 
Passed 
Internet of Things (IoT) A world where interconnected, internet-enabled devices or "things" 
have the ability to collect and share data without human intervention. 
Data Raw facts that describe the characteristics of an event or object. 
Information Dat...
Which category of analytics will knowledge workers use to perform their jobs? All answers 
are correct: 
Descriptive analytics techniques that describe past performance and history. 
Predictive analytics techniques that extract information from data and use it to predict future 
trends and identify ...
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Add to cartWhich category of analytics will knowledge workers use to perform their jobs? All answers 
are correct: 
Descriptive analytics techniques that describe past performance and history. 
Predictive analytics techniques that extract information from data and use it to predict future 
trends and identify ...
Marketing definition Marketing is the activity or creating, communication, delivering, and 
exchanging offerings that have utility (value) for customers, and these exchanges benefit the 
organization, its stakeholders, and society at large 
What is marketing? facilitates exchanges between buyers and...
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Add to cartMarketing definition Marketing is the activity or creating, communication, delivering, and 
exchanging offerings that have utility (value) for customers, and these exchanges benefit the 
organization, its stakeholders, and society at large 
What is marketing? facilitates exchanges between buyers and...
Which of the following is a framework for evaluating environmental factors for companies? 
PESTLE 
Who said " If a first idea is not absurd, there is no hope for it"? Albert Einstein 
Choose the correct order for the creative process as taught in class search, collision, decision, 
trial 
Committi...
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Add to cartWhich of the following is a framework for evaluating environmental factors for companies? 
PESTLE 
Who said " If a first idea is not absurd, there is no hope for it"? Albert Einstein 
Choose the correct order for the creative process as taught in class search, collision, decision, 
trial 
Committi...
How does culture influence communication? 
it provides a framework that shapes the messages you send and receive everyday 
High context cultures 
gather subtle information from facial expressions, vocal cues, and even silence in interpreting 
messages 
Low context cultures 
rely on language and mean...
Preview 3 out of 17 pages
Add to cartHow does culture influence communication? 
it provides a framework that shapes the messages you send and receive everyday 
High context cultures 
gather subtle information from facial expressions, vocal cues, and even silence in interpreting 
messages 
Low context cultures 
rely on language and mean...
the main economic questions (rational economic problem) 1. What product am I making 
2. who is going to make it 
3. who gets the product 
scarcity is either... real or articficial 
hayek believed that knowledge is incomplete, prices are the signals, decision making must be 
decentralized 
Hayeks vie...
Preview 2 out of 12 pages
Add to cartthe main economic questions (rational economic problem) 1. What product am I making 
2. who is going to make it 
3. who gets the product 
scarcity is either... real or articficial 
hayek believed that knowledge is incomplete, prices are the signals, decision making must be 
decentralized 
Hayeks vie...
What are Hayeks views on planning and decision making? he believes in decentralized 
knowledge 
HAYEK: what is decentralized knowledge? spreading knowledge amongst people 
is Hayek against centralization? yes 
HAYEK: how does the price system coordinate resources? price signals are used to make 
dec...
Preview 2 out of 11 pages
Add to cartWhat are Hayeks views on planning and decision making? he believes in decentralized 
knowledge 
HAYEK: what is decentralized knowledge? spreading knowledge amongst people 
is Hayek against centralization? yes 
HAYEK: how does the price system coordinate resources? price signals are used to make 
dec...
Strategic Management integrative management field that combines analysis, formulation, 
and implementation in the quest for competitive advantage 
strategy set of goal-directed actions a firm takes to gain and sustain superior performance 
relative to competitors 
plan, ploy, pattern, position, pers...
Preview 3 out of 24 pages
Add to cartStrategic Management integrative management field that combines analysis, formulation, 
and implementation in the quest for competitive advantage 
strategy set of goal-directed actions a firm takes to gain and sustain superior performance 
relative to competitors 
plan, ploy, pattern, position, pers...
Organization A systematic arrangement of people to accomplish some specific purpose 
Why do we have organizations? -efficiency; to accomplish specific objectives 
-serve society 
-provide careers 
How do organizations accomplish their objectives? -Basic framework of management 
-Decision Making 
Bas...
Preview 2 out of 13 pages
Add to cartOrganization A systematic arrangement of people to accomplish some specific purpose 
Why do we have organizations? -efficiency; to accomplish specific objectives 
-serve society 
-provide careers 
How do organizations accomplish their objectives? -Basic framework of management 
-Decision Making 
Bas...
BCOR 350 Assignment 1 & 2 (2022/2023) 
(Verified Answers) 
Which of the following is NOT considered a competitive to OutBound? 
Answers: 
Target 
Macy's 
Nordstrom 
Sears 
All of the above are not competitors to OutBound All of the above are not competitors to 
OutBound 
Outbound's promotional str...
Preview 1 out of 2 pages
Add to cartBCOR 350 Assignment 1 & 2 (2022/2023) 
(Verified Answers) 
Which of the following is NOT considered a competitive to OutBound? 
Answers: 
Target 
Macy's 
Nordstrom 
Sears 
All of the above are not competitors to OutBound All of the above are not competitors to 
OutBound 
Outbound's promotional str...
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