Busn 201 midterm a Study guides, Class notes & Summaries

BUSN 201 Midterm A Exam Questions and Answers All Correct When deciding to engage in corporate social responsibility, a key factor when selecting activities is - Answer-how the social activity relates to the business activities of the corporation. In the IDDR approach to making ethical decisions, the first "D" stands for what? - Answer-Discussion Via the Internet, Britta enters false code into the computer control system of Chicken Company, a food maker, to alter the levels of ingredie...

BUSN 201 Midterm A Questions &Exam (elaborations) answers 100% satisfaction guarantee

BUSN 201 Midterm Test Questions and Answers All Correct business plan - Answer-1. know your customer 2. know why you will win 3. know how you will win 4. know what it will take to win 5. demonstrate why others should believe in you Franchising - Answer-selling to a foreign organization the rights to use a brand name and operating know-how in return for a lump-sum payment and a share of the profits Franchise Advantages - Answer-brand recognition pre-launch purchasing power mark...

BUSN 201 MIDTERM EXAM QUESTIONS AND ANSWERS ALL CORRECT Why is celebrity marketing effective? - Answer-Due to the subconscious association to the celebrity when purchasing said product. Define the use of locations/places within the scope of marketing. - Answer-Cities, states, or countries often compete for tourists, and therefore marketing said places attracts tourists. Ex: "what happens in Vegas stays in Vegas"=> marketing Vegas as an adult playground. Why is information on trend...

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...

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 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 MIDTERM Exam Questions With Revised Answers Define internal risk. Provide an example. - answerFailure of the business. Ex: Bankruptcy Define external risk. Provide an example. - answerThe negative externalities when a business fails. Ex: employees or lenders not being paid, possibility of being sued. The four factors of production are: - answerNatural rescources, labor, capital, and entrepreneurial ability. Define productivity - answerthe quantity of goods and services produced f...

Business ethics looks at whether business decisions☑️☑️ are 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.☑️☑️ F To the extent that it has not been modified by the UCC, the common law of contracts applies to sales contracts.☑️☑️ ! F Posing as eBank, Frank e-mails Grace, asking her to update her credit-card information through a l...