Mie makanui - Study guides, Class notes & Summaries

MIE 201 Midterm #2 – Makanui Questions With Solutions 100% Solved unlimited liability - means that the owner is personally and fully responsible for all losses and debts of the business - major drawback to a sole proprietorship or a partnership - from a legal standpoint the owner and business are one and the same types of partnerships - general partnerships - limited partnerships - MLP - LLP general partnerships - partners are considered equal by law and all are liable for the bu...

MIE 201 Test 5 Makanui Exam/136 Questions and Answers

MIE 201 Test 1 Makanui Latest Update Graded A+ business individuals or organizations who try to earn a profit by providing products that satisfy people's needs products a good or service with tangible and intangible characteristics that provide satisfaction and benefits profit the difference between what it costs to make and sell a product and what a customer pays for it nonprofit organizations organizations that may provide goods or services but do not have the fundamental p...

MIE 201 Test 1 Makanui UPDATED Exam Questions and CORRECT Answers Environments of Business - CORRECT ANSWER- - economic - market - technological - social - legal and regulatory market environment - CORRECT ANSWER- - a company's target customers, the buying influences that shape the behavior of those customers, and competitors that market similar products to those customers

MIE 201 Test 4 Makanui Latest Update 100% Pass marketing a group of activities designed to expedite transactions by creating, distributing, pricing, and promoting goods, services, and ideas exchange the act of giving up one thing (money, credit, labor, goods) in return for something else (goods, services, or ideas) functions of marketing buying, selling, transporting, storing, grading, financing, marketing research, and risk taking value a customer's subjective assessment of b...

MIE 201 Test 4 Makanui Exam/124 Questions and Solutions

MIE 201 Test 3 Makanui Questions With Solutions 100% Solved company almost always has multiple goals goal has 3 components: an attribute sought, a target to be achieved, and a time frame objectives the ends or results desired by an organization derived from organization's mission strategic plans those plans that establish the long-range objectives and overall strategy or course of action by which a firm fulfills its mission tactical plans short-range plans designed to implement and ...

MIE 201 Test 1 Makanui Questions With Solutions 100% Solved natural resources land, forests, minerals, water, and other things that are not made by people human resources (labor) the physical and mental abilities that people use to produce goods and services financial resources the funds used to acquire the natural and human resources needed to provide products economic system a description of how a particular society distributes its resources to produce goods and service

MIE 201 Exam 2: Chapters 4, 5, 8 Makanui NCSU Questions and Answers 100% Pass 3 types of business ownership - Correct Answer ️️ -- sole propreitorship - partnership - corporation sole proprietorships - Correct Answer ️️ -- businesses owned by one individual - the most common form of business organization in the United States - easiest and least expensive form of business to start - ex: tutoring/bookkeeping/landscaping etc... sole proprietorship advantages - Correct Answer ️️...