Busn 201 study guide Study guides, Class notes & Summaries

BUSN 201 Study Guide Questions and Answers All Correct What are the three major forms of business ownership? - Answer-Sole proprietorship, partnership, and corporation. What is a detailed written statement that describes the nature of the business, the target market, the advantages the business will have in relation to competition, and the resources and qualifications of the owner(s)? - Answer-A Business Plan What is the difference between centralized and decentralized authority? - Ans...

BUSN 201 Study Guide Exam Questions With Revised Answers What is a form of virtualization in which a company's data and applications are stored at offsite data centers accessed over the Internet. - answerCloud computing What are the four elements of the Management Process? - answerPlanning Organizing Leading Controlling When you are going through the process of planning in an organization, you are essentially working to answer two questions, ________________________, and _____________...

©THEBRIGHTSTARS 2024 BUSN 201 Exam Study Guide. Sustainability - answerRelated to the triple bottom line; threatens the survival or current and future generations Responsibility - answerNature of relationships between stakeholders Ethics - answerDecision making in ethical dilemmas Milton Friedman - answerA corporation's sole obligation is to maximize wealth to its shareholders and has no responsibility or capability to address societies interests Sustainability - answerMeets the needs ...

What is a form of virtualization in which a company's data and applications are stored at offsite data centers accessed over the Internet.☑️☑️ Cloud computing What are the four elements of the Management Process?☑️☑️ Planning Organizing Leading Controlling When you are going through the process of planning in an organization, you are essentially working to answer two questions, ________________________, and _________________________________?☑️☑️ What is the situa...