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COB 300 Management Exam 1 Questions & Answers 2024/2025

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COB 300 Management Exam 1 Questions & Answers 2024/2025 Management - ANSWERSprocess of using organizational resources efficiently and effectively to achieve organizational goals through people Effectiveness - ANSWERSproducing desired goal that customers value Efficiency - ANSWERSproducing without waste using minimal resources Planning - ANSWERScentral function of management that involves setting goals and figuring out ways to reach them looks to the future Example of Plannin...

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COB 2024 Exam 1 Questions & Answers 100% CORRECT

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COB 2024 Exam 1 Questions & Answers 100% CORRECT

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COB 241 Final Exam Questions & Answers 2024/2025

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COB 241 Final Exam Questions & Answers 2024/2025 What is the accounting equation - ANSWERSAssets= Liabilities + Equity What is an income statement and what is included on it - ANSWERS-reports operations for a period of time - Revenue-expenses= net income -closed to retained earnings at the end of the year What is on the Statement of Stockholder's equity - ANSWERSBeginning Common stock +Common Stock Issued =Ending Common Stock Beginning Retained Earnings +Net income -Divid...

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COB 191 Exam 1 Questions & Answers 2024/2025

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COB 191 Exam 1 Questions & Answers 2024/2025 data - ANSWERSvalues assigned to measurements primary data - ANSWERSadv: collected and orgainzed by user dis: expensive and time consuming secondary data - ANSWERSadv: readily available dis: no control over organization and accuracy nominal data - ANSWERS-arbitrary labels -no ranking -name/label ordinal data - ANSWERS-ranking exists -no measurable meaning to numerical differences -order/choices interval data - ANSWERS-meanin...

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COB 300 Operations Exam 1 Questions & Answers 2024/2025

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COB 300 Operations Exam 1 Questions & Answers 2024/2025 service package - ANSWERSa bundle of goods and services that is provided in some environment five features of a service package - ANSWERSsupporting facility, facilitating goods, information, explicit services, implicit services customer contact - ANSWERSthe physical presence of the customer in the system Creation of the service - ANSWERSthe work process involved in providing the service itself extent of contact - ANSWERSthe...

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COB 191 Final Exam Questions with 100% Correct Answers 2024/2025

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COB 191 Final Exam Questions with 100% Correct Answers 2024/2025 statistics - ANSWERSmathematical science that deals with the collection, analysis, and presentation of data, which can then be used as a basis for the inference and induction how business use statistics - ANSWERSmarketing research, advertising, operations, and finance & economics data - ANSWERSvalues assigned to observations or measurements information - ANSWERSdata that are transformed into useful facts that can be u...

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Cob test questions 2024 with 100% correct answers 2024/2025

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Cob test questions 2024 with 100% correct answers 2024/2025 From the following list, select all of the items that were discussed in class as valuable data assets. Unauthorized disclosure of these assets could create serious risks for an individual or organization. Social Security Number Credit card number Phone number Bank account number Health care information Your name Intellectual property Passwords - ANSWERSSocial Security Number Credit card number Bank acco...

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COB 242 final exam questions & answers 2024/2025

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COB 242 final exam questions & answers 2024/2025 what is the purpose of managerial accounting? - ANSWERSprovides info for decision making, assists managers in directing operations, measure performance direct labor - ANSWERScost of salaries, wages, and fringe benefits for people who work directly on the product direct material - ANSWERScost of raw material that can be conveniently traced to the finished product manufacturing overhead - ANSWERSmade up of indirect material, indirect l...

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COB 202 Exam 1 Questions & Answers 2024/2025

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COB 202 Exam 1 Questions & Answers 2024/2025 Organizational Behavior - ANSWERSthe study of human behavior in organizations Independent Variable - ANSWERSpresumed causes Dependent Variable - ANSWERSoutcomes of practical value and interest Contingency Thinking - ANSWERSrecognizing the behavior and practices that must be tailored to fit the exact nature of each situation Evidence-Based Management - ANSWERSmaking decisions on hard facts Stakeholders - ANSWERSPeople, groups, and i...

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COB FINAL EXAM STUDY QUESTIONS & ANSWERS 2024/2025

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COB FINAL EXAM STUDY QUESTIONS & ANSWERS 2024/2025 __________ is what the customer is willing to pay. - ANSWERSValue Imagine that you own a manufacturing shop. You've discovered that recently there has been an overproduction of a key ingredient in your main business process so you plan to "shop around" for the best price. Based on the model presented in the question above, this situation is known as _________________. - ANSWERSbargaining power of customers One of your classma...

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