Busn 201 exam - Study guides, Class notes & Summaries

©THEBRIGHTSTARS 2024 3) First-line manager - a manager who coordinates and supervises the activities of operating employees. First-line managers spend most of their time working with and motivating their employees, answering questions, and solving day-to-day problems. 6. Key skills of successful managers - answer1) Conceptual skills - the ability to think in abstract terms 2) Analytic skills - the ability to identify problems correctly, generate reasonable alternatives, and select the ...

©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 ...

BUSN 201 Exam Questions With Revised Answers What makes Canada a competitive and resilient economy? - answer1. productivity gains 2. Strong business investment 3. Technological innovation 4. Moderate wage increases 5. Favorable currency exchange rate G7/8 - answerCanada, USA, UK, Italy, Japan, France, Germany Foreign Direct Investment (FDI) - answer· In 2022, FDI into Canada totaled $726 billion · Largest trading partner = USA · Both Asia/Oceania are active investors in Canada 3 Fu...

BUSN 201 Exam 1 Questions With Revised Answers As factors of production--equipment, buildings, vehicles, and cash are considered - answercapital a is any activity that provides goods or services to consumers for the purpose of making a profit - answerbusiness as a producer and seller of athletic shoes, apparel, and equipment, Nike sells - answergoods An unwritten rule and school/workplace ethics is - answertexting on cellphones during class and during meetings the primary value of a pro...

BUSN 201 Exam 3 Questions With Revised Answers Mission statement - answera formal summary of the aims and values of a company, organization, or individual Core Values - answera. are the fundamental beliefs of a person or organization b. also help companies to determine if they are on the right path and fulfilling their goals by creating an unwavering guide. Which of the following is not one of the four primary functions of management? - answerBudgeting _________ planning means identifyi...

BUSN 201 MIDTERM EXAM PREP ALREADY

BUSN 201 Midterm Exam Questions With Revised Answers Business Entity - answerCommercial endeavours Organizational culture and formalized decision-making structure Employee interaction Company-centric side - answer"the business system" which reflects the underlying mechanics as to how the business is structured. key partners (backward and forward relationships) key resources (assets, labour, capital, and management acumen) market-centric side - answerHow the business is connected to th...

Busn 201 Final Exam Questions With Revised Answers Responsible management (25) - answerassumes responsibility for the triple bottom line (sustainability), stakeholder value (responsibility), and moral dilemmas (ethics). Prime management (26) - answerrefers to superior management practice leading to performance that, at the same time, is socially, environmentally, and economically sustainable. Responsible business (27) - answerassumes responsibility for the triple bottom line, stakeholder ...

BUSN 201 Midterm A Exam Questions With Correct Answers Are right or wrong. - answerBusiness ethics looks at whether business decisions F - answerIf the owners of a certain grade of wheat stored in a single silo hold title as tenants in common, a seller-owner can pass title to a buyer only by separating the goods. ! F - answerTo the extent that it has not been modified by the UCC, the common law of contracts applies to sales contracts. phishing - answerPosing as eBank, Frank e-mails Grace,...

BUSN 201 Midterm A Exam Questions With Revised Answers Business ethics looks at whether business decisions - answerare right or wrong. If the owners of a certain grade of wheat stored in a single silo hold title as tenants in common, a seller-owner can pass title to a buyer only by separating the goods. - answerF To the extent that it has not been modified by the UCC, the common law of contracts applies to sales contracts. - answer! F Posing as eBank, Frank e-mails Grace, asking her to up...