Busad 250 exam - Study guides, Class notes & Summaries
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BUSAD 250 Exam 1 questions with correct answers
- Exam (elaborations) • 38 pages • 2023
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The framework that outlines how a firm plans to generate revenue is known as a(n) ____________. 
A. balance sheet 
B. income statement 
C. business mindset 
D. business model 
E. stakeholder model Answer D. business model 
 
Service businesses create value by performing activities that provide benefits to consumers, such as _____________. 
A. entertainment 
B. audiobooks 
C. furniture 
D. software 
E. music downloads Answer A. entertainment 
 
____________________ attempt to operate efficiently ...
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BusAd 250 Exam 3 questions with correct answers
- Exam (elaborations) • 65 pages • 2023
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Which step in the movement of products to a potential customer involves persuading the consumer to actually make a purchase? 
A. Stimulating action 
B. Building preference 
C. Providing information and generating positive emotional connections 
D. Reminding past customers 
E. Generating awareness Answer A. Stimulating action 
 
________ is a promotional technique that involves motivating intermediaries to inspire consumers to purchase specific products. 
A. Direct marketing 
B. Advocacy advertis...
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BUSAD 250 EXAM 1 questions with correct answers
- Exam (elaborations) • 19 pages • 2023
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New product in R&D Answer Buy more capactiy 
 
Risk vs. Reward Answer -Higher the risk the more of the reward 
-Without promise of rewards businesses would have no incentive to take on risks 
-Decisions need to stay attached to the person who makes the decisions so they are responsible for them 
 
Market Environment Answer -A company's target customers, the buying influences that shape the behavior of the customers, and competitors that market similar products to those customers 
-(Target Custo...
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BUSAD 250 EXAM WITH QUESTIONS AND ANSWERS
- Exam (elaborations) • 25 pages • 2023
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BUSAD 250 EXAM WITH QUESTIONS AND ANSWERS...
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BUSAD 250 Exam 1 -2023
- Exam (elaborations) • 32 pages • 2023
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BUSAD 250 Exam 1 -2023...
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BUSAD 250 Exam 2 Latest Update
- Exam (elaborations) • 27 pages • 2023
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BUSAD 250 Exam 2 Latest Update...
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BUSAD 250 Exam 3 Latest Update
- Exam (elaborations) • 24 pages • 2023
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BUSAD 250 Exam 3 Latest Update...
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BUSAD 250 EXAM 1 questions with correct answers
- Exam (elaborations) • 11 pages • 2023
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the 3 types of businesses Answer Goods producing businesses 
Service businesses 
Not for profit organizations 
 
Companies that create value by making "things," most of which are tangible (capital intensive) Answer Goods producing businesses 
 
Companies that create value by performing activities that deliver some benefit to customers (labor intensive) Answer Service businesses 
 
Organizations that provide goods and services without having a profit motive; these are also called nonprofit orga...
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Busad 250 Exam 4 Studyguide Exam 2023
- Exam (elaborations) • 12 pages • 2023
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Busad 250 Exam 4 Studyguide Exam 2023...
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BUSAD 250 EXAM 3 FLORER questions with correct answers
- Exam (elaborations) • 11 pages • 2023
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Which of the following represents the values and guidelines for proper conduct recognized in the workplace and everyday life as appropriate or inappropriate? 
A. Affirmative action 
B. Transparency 
C. Ethics 
D. Philanthropy 
E. Corporate social responsibility Answer C. Ethics 
 
The notion that a company has certain duties toward humanity that it must meet, excluding activities involving building revenue, is known as ___________. 
A. consumerism 
B. conflicts of interest 
C. corporate social r...
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