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BUS 6600 Bookout Final questions and answers graded A+ 2024/2025
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BUS 6600 Bookout Final questions and answers graded A+ 2024/2025
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BUS 6600 Bookout Final 2024Businesses acquire ______ facts on where humans live, what they purchase, and how they
spend their time - ANSdemographic
Efficiency manner: - ANSproducing items and services using the least amount of resources
When corruption is gift within the enterprise surroundings: - ANScompany leaders can also
threaten competitors and decrease competition
Businesses favor ______ government spending because it maintains taxes to a minimum -
ANSminimal
Technology is supporting turn products into services with the aid of - ANSoffering new methods
to get entry to objects
Businesses that produce and inform tangible merchandise like metal and machines are a part of
the ______ industry - ANSmanufacturing
Diversity way: - ANSdealing sensitively with workers and cultures round the sector
What is a bonus of utilitizing technology? - ANSProductivity increases
A easy deliver curve suggests a dating between the - ANSprice of an awesome and the
pleasant of that right sellers are inclined to offer for sale at a selected point in time
A bank device crashed. These occasions cut into customers shopping strength, inflicting a
severe decline in the proce of products and offerings, better referred to as ______ -
ANSdeflation
In a 12 months, the charge of a gem has extended from $7/lb to $90/lb. Under those occasions
and the truth that extra businesses are seeking to use the gem in their products, a graph of the
deliver and call for for this product would show - ANSthe rate of the gem to be above the
equilibrium price for this gem
A important benefit of socialism: - ANSemphasis on social equality
One way to reduce the US government budget deficit is to - ANScut spending
The most important intention of useful resource improvement is to discover approaches to -
ANSincrease the amount of assets and create conditions a good way to make better use of
these sources
, One of the dangers of free markets is that business people and others can also permit _______
manual their behavior - ANSgreed
One of the most large issues confronted with the aid of communist countries is - ANSpersistent
shortages of basic items which includes food and garb
If a scarcity exists for a good in a free-marketplace financial system, the - ANSprice of the best
will upward push
Keynesian monetary concept indicates: - ANSshort-term will increase in govermenet spending
to stimulate the financial system
There are a massive wide variety of bakeries in AL and every produces comparable, however
no longer ideantial, merchandise. The bakery is an instance of what kind of opposition? -
ANSMonopolistic
_____ is the have a look at of ways a society employs its constrained resources to provide
goods and offerings and how it distributes them amongst competiting agencies and individuals -
ANSeconomics
A _____ curve indicates the relationship among the charge of a terrific and the amount of that
suitable human beings are willing and in a position to shop for in a given time period. -
ANSDemand
______ are extensive, long-time period accomplishments an agency wants to gain - ANSgoals
Management characteristic that involves allocating sources, assigning responsibilities, and
setting up techniques for undertaking the orgizational targets - ANSorganizing
_______ talents involve a manager's ability to picture the enterprise as an entire and the
relationships amongst its numerous components - ANSconceptual
What activities are part of the organizing feature of management? - ANSGiving the front line
employees assitional assets had to provide quicker and higher services to clients
By comparing the styles of skills utilized by managers at distinct ranges within an employer,
which of the following is real of first line managers? - ANSFirst line managers spend most in
their time explaining tactics, assigning jobs, and evaluating the performance of personnel within
their very own regions These sports require HR and technical abilties. Top managers are
concerned with growing a vision, strategic making plans, and overseeing the operation as an
entire. This calls for HR and conceptual skills.
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