Busn 201 midterm exam - Study guides, Class notes & Summaries

BUSN 201 MIDTERM EXAM QUESTIONS AND ANSWERS ALL CORRECT Why is celebrity marketing effective? - Answer-Due to the subconscious association to the celebrity when purchasing said product. Define the use of locations/places within the scope of marketing. - Answer-Cities, states, or countries often compete for tourists, and therefore marketing said places attracts tourists. Ex: "what happens in Vegas stays in Vegas"=> marketing Vegas as an adult playground. Why is information on trend...

BUSN 201 Midterm A Exam Questions and Answers All Correct When deciding to engage in corporate social responsibility, a key factor when selecting activities is - Answer-how the social activity relates to the business activities of the corporation. In the IDDR approach to making ethical decisions, the first "D" stands for what? - Answer-Discussion Via the Internet, Britta enters false code into the computer control system of Chicken Company, a food maker, to alter the levels of ingredie...

BUSN 201 Midterm Exam Questions With Revised Answers Business Entity - answerCommercial endeavours Organizational culture and formalized decision-making structure Employee interaction Company-centric side - answer"the business system" which reflects the underlying mechanics as to how the business is structured. key partners (backward and forward relationships) key resources (assets, labour, capital, and management acumen) market-centric side - answerHow the business is connected to th...

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BUSN 201 MIDTERM Exam Questions With Revised Answers Define internal risk. Provide an example. - answerFailure of the business. Ex: Bankruptcy Define external risk. Provide an example. - answerThe negative externalities when a business fails. Ex: employees or lenders not being paid, possibility of being sued. The four factors of production are: - answerNatural rescources, labor, capital, and entrepreneurial ability. Define productivity - answerthe quantity of goods and services produced f...

BUSN 201 Midterm A Questions &Exam (elaborations) answers 100% satisfaction guarantee

BUSN 201 Midterm A Exam Questions With Correct Answers Are right or wrong. - answerBusiness ethics looks at whether business decisions F - answerIf the owners of a certain grade of wheat stored in a single silo hold title as tenants in common, a seller-owner can pass title to a buyer only by separating the goods. ! F - answerTo the extent that it has not been modified by the UCC, the common law of contracts applies to sales contracts. phishing - answerPosing as eBank, Frank e-mails Grace,...

BUSN 201 Midterm A Exam Questions With Revised Answers Business ethics looks at whether business decisions - answerare right or wrong. If the owners of a certain grade of wheat stored in a single silo hold title as tenants in common, a seller-owner can pass title to a buyer only by separating the goods. - answerF To the extent that it has not been modified by the UCC, the common law of contracts applies to sales contracts. - answer! F Posing as eBank, Frank e-mails Grace, asking her to up...

BUSN100 Midterm Exam (APUS) Question 1 of 10: In your own words explain, are entrepreneurs born or made? Question 2 of 10: In your own words, what is a venture capitalist? Question 3 of 10: In your own words, explain three of the nine building blocks for managers to use in developing an innovative...