Exam (elaborations)
BUAD 105 Final questions well answered graded A+
- Course
- Institution
BUAD 105 Final questions well answered graded A+
[Show more]
Content preview
BUAD 105 FinalWhat are the different core activities of a business?
A) Employees, community, and executives
B) Purchasing, distribution, and sales
C) Management, finance, and marketing
D) All of the above - correct answer ✔✔C
What is it called when an employee exposes an employer's wrongdoing to outsiders?
A) whistleblowing
B) field compliance
C) social responsibility
D) corporate citizenship - correct answer ✔✔A
What is a franchise?
A) An advisor from a parent company that helps an entrepreneur start a new business
B) When an entrepreneur buys an existing business
C) When an entrepreneur opens a second location
D) A license to use another company's products and brand - correct answer ✔✔D
Which is NOT true about a corporation?
A) It is difficult and expensive to form
B) It ceases to exist when the owners die
C) The owners' liability is limited
D) The profits are taxed twice - correct answer ✔✔B
What are people who champion the development of innovations and new ways of doing business inside
large corporations are known as....
, A) corporate entrepreneurs
B) intrapreneurs
C) venture capitalists
D) breakthrough managers - correct answer ✔✔B
During the 19th century, what economic phase followed the agricultural economy and introduced the
first assembly lines and factories?
A) The manufacturing economy
B) The industrial revolution
C) The service and new digital economy
D) The early economy - correct answer ✔✔B
When an entrepreneur invests his or her personal savings into the new business, what kind of financing
is that called?
A) Investment fund
B) Equity
C) Venture capital
D) Sole proprietorship - correct answer ✔✔B
What is it called when there are many, but different, competing business in an industry?
A) Perfect competition
B) Monopoly
C) Oligopoly
D) Monopolistic competition - correct answer ✔✔D
When a company decides to open another office in a foreign country, it is called what?
A) Outsourcing
B) Insourcing
C) Offshoring
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 BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79789 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now