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COB 300B Set Exam Questions With Reviewed Correct Detailed Answers New Update!! 1. What does a stock's price ideally equal in equilibrium? - ANSWER or intrinsic value 2. Is intrinsic value a short-run or long-run concept? - ANSWER concept Its 'true' Long-run 3. Can a stock's price deviate from its intrinsic value in the short run? - ANSWER Yes, if investor perceptions are incorrect 4. What should managers ideally avoid even if it temporarily boosts st...

COB 300 Marketing Final Set Exam Questions With Reviewed Correct Detailed Answers New Update!! 1. Step 1 of marketing plan - ANSWER Define mission and/or vision. determine value to customers, who customers are, and what the competitive advantage 2. Step 2 of marketing plan - ANSWER evaluate internal and external environment. - internal: firms strengths and weaknesses - external: opportunities and threats 3. External threats - ANSWER leagal/political/ethical trends,...

COB 300 Operations Set Exam Questions With Reviewed Correct Detailed Answers New Update!! 1. Describe cycle time as it relates to business processes. Why is it important to the management of business processes? How does it relate to concepts like productivity and capacity utilization? - ANSWER Cycle time is the average time between completions of successive units in a process. It is directly related to the output capacity of the system - as cycle time is reduced, the pr...

COB 300 Operations Set Exam Questions With Reviewed Correct Detailed Answers New Update!! 1. Service triangle - ANSWER the service strategy, employees, support systems, & the customer (in the middle) 2. Service package - ANSWER 2. Facilitating goods 3. Information 1. Supporting facility 4. Explicit service benefits that are observable by the sense 5. Implicit service psychological benefits the customer may only sense vaguely 3. Customer contact - ANSWER ...

COB 300 Operations Set Exam Questions With Reviewed Correct Detailed Answers New Update!! 1. Which of the following is NOT a typical phases of product development? - ANSWER Early Market Feedback 2. Which of the following is not an example of technology-push product? - ANSWER Plant Seeds 3. In which variant of the generic product development process, does concept development assume a proven technology? - ANSWER Platform products 4. Which of the following i...

COB 300 Operations Set Exam Questions With Reviewed Correct Detailed Answers New Update!! 1. Constraint - ANSWER something that limits the performance of a process or system in achieving its goals 2. Constraint categories - ANSWER Resource Material Financial Supplier Knowledge or competency Policy 3. Resolving constraint issues - ANSWER constraint Market 1. Identify the most pressing 2. Change the operation to achieve maximum benefit, given the con...

COB 300 Operations Exam Questions With Reviewed Correct Detailed Answers New Update!! 1. What are Michael Porter's 3 business strategies? - ANSWER - price lower than competitors Cost Leadership Differentiation - distinguishing features that customers perceives as value add 2. When the business strategy is to compete on response, what must be the focus? - ANSWER Flexibility, reliability, and quickness 3. What are operational strategies based on? - ANSWER prio...

BUL4421 Exam Set Questions With Reviewed Correct Detailed Answers 1. Natural Law - ANSWER > Ethical laws and principles believed to be morally right and "above" the laws devised by humans > Ef unethical, don't follow the law 2. Legal positivism - ANSWER > Law is distinct from morality > Proper role of obedience to duly authorized law > Always follow the law, even if it is unethical 3. Identifications with the vulnerable - ANSWER ...

BUL4421 Exam Set Questions With Reviewed Correct Detailed Answers 1. Which of the following are types of due process? - ANSWER Procedural and substantive 2. The first _____ amendments to the U.S. Constitution are known as the Bill of Rights. - ANSWER Ten 3. If a law prevents individuals from exercising a fundamental right, the law will be subject to_. - ANSWER Strict scrutiny 4. Why must federal legislation that affects business be based on expressed co...

BUL 4421 Exam Set Questions With Reviewed Correct Detailed Answers 1. Delegation - ANSWER a delegator transfers his/her duty to perform to a third party, not part of the original contract (delegatee) 2. Privity of contract - ANSWER promisee 3. Privity - ANSWER relationship between a promisor and the Knowledge shared with another or others regarding a private matter. 4. Material Breach - ANSWER A substantial breach of a significant term or terms of a ...