package deal WGU-C201 exam

WGU C201 Business Acumen Study GuideWhat are the two types of divestitures? - correct answer A sell-off is a divestiture in which assets are sold to another company. In a spin-off, a new company is created from the assets divested. Shareholders of the divesting company become shareholders of the n...

WGU C201 Business Acumen Custom Glossary accounting process of measuring, interpreting, and communicating financial information to enable people inside and outside the firm to make informed decisions accounting cycle set of activities involved in converting information and individual transac...

WGU C201 Business Acumen Chapters 3 & 7: Economics and Organizational StructureFactors Influencing Demand - correct answer Demand is driven by price, consumer preferences, the economy, the number of buyers in a market, customer incomes, price of substitutes and complimentary items. Factors of P...

WGU C201 Business Acumen Chapter 17: Financial ManagementFinancial Structure - correct answer Chief Financial Officer, Vice President of Finance, Treasurer, and Controller Chief Financial Officer - correct answer Leader of the financial team. Reports to Chief Executive Officer. May be on ...

WGU C201 Business Acumen Chapter 15 & 16: Accounting and Financial Statements - RatiosCurrent assets / current liabilities - correct answer Current Ratio Current assets - minus inventory / current liabilities - correct answer Acid Test (Quick) Ratio Current assets $250 Inventory $20 Curre...

WGU C201 Business Acumen Chapter 11, 12, 13: Marketing Marketing - correct answer The process for discovering unmet customer needs, researching potential markets, producing goods or services to satisfy targeted customers, promoting, pricing, and distributing. The organizational function and set ...

WGU C201 Business Acumen Chapter 10: Operations and Quality ManagementProduction - correct answer Begins with inputs + add value = produce a good or service. Operations Management - relates to this process. Why is production such an important business activity? - correct answer Without prod...

WGU C201 Business Acumenbalanced budget situation in which total revenues raised by taxes equal the total proposed spending for the year. budget organization's plan for how it will raise and spend money during a given period of time. taxes, fees, and borrowing. The primary sources of g...

WGU C201 | Business Acumen | Chapter 7The achievement of organizational objectives through the use of people and other resources. The skills and principles of management apply in both profit and not-for-profit organizations. - correct answer Management ______ has three levels: top, middle, and ...

WGU C201Accounting - correct answer Process of measuring, interpreting, and communicating financial information to enable people inside and outside the firm to make informed decisions. Accounting Cycle - correct answer Set of activities involved in converting information and individual transa...

C211 WGU PA and 1st RetakeThe resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____. a. advocates adopting a single method for achieving globalization b. supports the ideology of total globalization c. postulates...

C201Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - correct answer Evaluating results What is the result of a company increasing the delegation of authority and the span of control? - corr...

C201 questions1. Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - correct answer Evaluating results 2. What is the result of a company increasing the delegation of authority and the span of...

C201 Pre-assessmentWhich part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - correct answer Evaluating results What is the result of a company increasing the delegation of authority and the span of ...

C201 Business AcumenWhich part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - correct answer Evaluating results What is the result of a company increasing the delegation of authority and the span of...

C201 Business Acumen TermsDemand - correct answer ability of buyers to purchase goods and services at different prices Supply - correct answer amount of goods and services for sale at different prices What drives demand? - correct answer consumer statistics preferences economic conditi...

C201 Business AcumenWhich part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? Evaluating Results What is the result of a company increasing the delegation of authority and the span of control? Incre...

Business Acumen - Western Governors UniversityFixed Asset - correct answer An investment in physical property used to generate income Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - correc...

Business Acumen C201 WGU Human Interaction & Structure - correct answer Which two key elements does an effective organization include? It establishes a direct flow of authority - correct answer Why does a line organization structure function most effectively in a crisis situation? Departm...