100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Business Acumen C201 WGU Questions And Answers $12.49
Add to cart
Quickly navigate to
Preview
  2.  
  3. C201 WGU
  4.  
  5. C201 WGU

Exam (elaborations)

Business Acumen C201 WGU Questions And Answers
 0 purchase
  • Course
  • C201 WGU
  • Institution
  • C201 WGU

What does the income statement examine? ~ revenue, expense, and profit This ratio explains the leverage of a firm. ~ debt ratio An accounting method that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur. ~ accural...

[Show more]

Preview 4 out of 35  pages

Document information

  • August 7, 2024
  • 35
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • business acumen c201 wgu questions and answers

Written for

  • C201 WGU
  • C201 WGU

Seller

avatar-seller
TestTrackers

Reviews received

Content preview

Business Acumen C201 WGU
Questions And Answers

Which part of the organizing process aids in effective and efficient progress

toward planned goals and often results in changes within the organization?


✓~ Evaluating results




What is the result of a company increasing the delegation of authority and the

span of control?


✓~ Increased number of direct reports per manager




Which two key elements does an effective organization include?


✓~ Human interaction, structure




Why does a line organizational structure function most effectively in a crisis

situation?


✓~ It established a direct flow of authority

,Number the seven steps in the recruiting and interviewing process from first to

last.


✓~ 1) Define job requirements, 2) Contact and visit colleges for applicants/interns,

3) Conduct employment tests, 4) Review resumes, 5) Conduct candidate interviews,

6) Follow up interviews, 7) Hiring determination




Which primary driver does management use for an organization's structure?


✓~ Achievement of company goals




Which step in the organizing process results in management group work

activities into units within the organization?


✓~ Departmentalization




A high tech startup company is launching a marketing campaign for its new social

media portal by highlighting how the portal exceeds the connectivity and

collaboration capabilities of all other social media sits. Which type of

competitive advantage is this company leveraging?


✓~ Customer loyalty

,Which marketing strategy is devoted to maintaining continuous bottom line

prices than relying on short term price cutting tactics such as cents off

coupons, rebates, and special sales?


✓~ Everyday low pricing




When would a pull promotional strategy enhance a competitive advantage to

market a product better than a push strategy?


✓~ When demand for the product is driven by the end user




Which marketing tool is essential to building an effective relationship marketing

campaign?


✓~ An affinity program




Which element of the promotional mix has the advantage of messaging that can

be tailored for each customer, but the disadvantage of a high cost per contact?


✓~ Personal Selling




What three factors should be addressed in a successful marketing plan? Choose

3 answers.

, ✓~ Target Market, Sales revenue goals, Plan implementation timeline (not on list,

marketing budget)




Which three characteristics are measured in demographic segmentation?

Choose 3 answers


✓~ Race and ethnicity, Income, Household size




In which three ways does business-buying behavior differ from consumer-

buying behavior? Choose 3 answers


✓~ Buyers face organizational influences in addition to their own preferences,

purchasers often invite selected providers to bid on a purchase, a group or

committee often makes decisions




Which three conditions, in a global selling environment, should a small company

leverage to create a competitive advantage? Choose 3 answers


✓~ cultural homogeneity, mobility of labor, local labor costs




With which two types of products does a marketing strategy rely on advertising

more than personal selling? Choose 2 answers.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 TestTrackers. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69052 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$12.49
  • (0)
Add to cart
Added