Which of the following is a computer-software technology that helps a business automate and track its
sales, marketing, and service efforts? - correct answer ✔✔Customer Relationship Management (CRM)
One principle on which the marketing concept is based is that a business should be able to meet its own
goals when it - correct answer ✔✔sells products at fair and reasonable prices
Once you know your group's purpose, what should you do next? - correct answer ✔✔Agree on ground
rules
What must Preston Enterprises pay to the insurance company to maintain its business liability
insurance? - correct answer ✔✔Premiums (an amount to be paid for an insurance policy)
What element of voice is important in order to communicate effectively with others? - correct answer
✔✔Articulation
A credit manager must write a letter of rejection to a credit applicant. To maintain the customer's
patronage, the letter should - correct answer ✔✔open with a positive statement (don't apologize)
Which of the following is a goal that takes priority over other activities - correct answer ✔✔an effective
goal
What is the benefit of shared vision to an organization? - correct answer ✔✔It serves as a guide for
decision making
Writing a follow-up letter after a job interview allows a job applicant the opportunity to - correct answer
✔✔restate his/her interest in the position
,sam, mr gray, and the non believers want to start their own business but are concerned about the higher
tax rate for corporations as well as the double taxation on corporate profits and dividends paid to
stockholders. What type of business ownership should they consider? - correct answer ✔✔"S"
corporation
Which of the following is a trend in information management? - correct answer ✔✔Increased
compliance laws and regulations
A job applicant who writes to a business that is advertising positions available may include an offer to
call and... - correct answer ✔✔schedule an interview
as a president of a large company, what should be Ratthew's first priority? - correct answer ✔✔planning
by developing a personal budget, individuals will be able to review their... - correct answer ✔✔spending
patterns
individuals have the right to provide additional info about their income status and payment history
when... - correct answer ✔✔validating their credit history
businesses often use spreadsheet software programs to analyze their - correct answer ✔✔operating
expenses
a factor that can increase productivity is... - correct answer ✔✔education
which of the following is the primary computer system tool used to input data? - correct answer
✔✔keyboard
our society has become more complex, prompting businesses to use teams in order to obtain... - correct
answer ✔✔more information
miss he's - correct answer ✔✔died
, what type of info concerning policies and procedures do employees often extract from an internal
business report? - correct answer ✔✔new personnel regulations
why don't you see hippos hiding in trees? - correct answer ✔✔because they're too good at it lol
socialists believe that an important advantage of a socialist command economy is... - correct answer
✔✔benefit programs
comparing the prices offered by different vendors for the same goods is... - correct answer ✔✔bid
analysis
what is a characteristic of a business-format franchise? - correct answer ✔✔continuous assistance
provided by franchisor
what is an effective type of non-verbal communication - correct answer ✔✔eye-contact
in investing, legal-owning between two parties is known as..... - correct answer ✔✔securities
a business should keep its cash conversion cycle short so it can... - correct answer ✔✔have cash available
to use
writing a letter of application is important when applying for jobs... - correct answer ✔✔online
the ability to demonstrate interest and enthusiasm often leads to greater... - correct answer ✔✔personal
achievement
an essential element of responsible behavior is... - correct answer ✔✔compassion
to determine the types of information that businesses need to operate, it is often beneficial to... - correct
answer ✔✔obtain employee's input
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