Final exam bcor 2024 - Study guides, Class notes & Summaries

BCOR 2205 Final Exam Questions with 100% Correct Answers | Latest Version (2024/2025) Expert Verified | Ace the Test

Final Exam (BCOR 2301) | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Consideration - Answer -The value given in return for a promise or performance in a contractual agreement. 1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 2. There must be a BARGAINED-FOR-EXCHANGE. Legal Sufficient Value - Answer -Something of value in the eyes of the law; may be: - Promise [to do something] e.g. pay supplier upon receiving goods - Perfor...

BCOR 2205 Final Exam Review | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Internet of Things (IoT) - Answer -A world where interconnected, internet-enabled devices or "things" have the ability to collect and share data without human intervention. Data - Answer -Raw facts that describe the characteristics of an event or object. Information - Answer -Data converted into a meaningful and useful context. I.E. Best selling product, best customer Business Intell...

BCOR 2201 Marketing Final Review Exam | Questions and Correct Answers 2024/2025 | Graded A+ Marketing definition - Answer -Marketing is the activity or creating, communication, delivering, and exchanging offerings that have utility (value) for customers, and these exchanges benefit the organization, its stakeholders, and society at large What is marketing? - Answer -facilitates exchanges between buyers and sellers to create value by using tools provided in the 4 P's Controllable factor...

Final Exam (BCOR 2301) | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Consideration - Answer -The value given in return for a promise or performance in a contractual agreement. 1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 2. There must be a BARGAINED-FOR-EXCHANGE. Legal Sufficient Value - Answer -Something of value in the eyes of the law; may be: - Promise [to do something] e.g. pay supplier upon receiving goods - Perfor...

BCOR 2304 Final Exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ strategy - Answer -a set of goal-oriented actions a firm takes to gain and sustain better performance over competitors strategy managment - Answer -combines analysis, formulation, and implementation in finding competitive advantage mastery= view organization as a whole competitive parity - Answer -two or more firms perform at the same level strategic positioning - Answer -position in industry t...

BCOR 2205 Final Exam Review | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Internet of Things (IoT) - Answer -A world where interconnected, internet-enabled devices or "things" have the ability to collect and share data without human intervention. Data - Answer -Raw facts that describe the characteristics of an event or object. Information - Answer -Data converted into a meaningful and useful context. I.E. Best selling product, best customer Business Intell...

BCOR 1025 Final Exam Review | Questions and Verified Solutions | Latest Update 2024/2025 | Graded A+ The expected value of the sampling distribution of the mean, x̄ , is the same as the mean (μ) of the population. - Answer -True In general, the variance of a sampling distribution is dependent on the sample size but not the population size. - Answer -True The t procedures are considered robust when referring to the assumption of a normal population distribution. This means that slight ...

BCOR 2301 Final Exam Chapters 7, 24, 35 | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Intellectual property (IP) - Answer -any property resulting from intellectual and creative purposes Trademark - Answer -a distinctive word, symbol, sound, or design that identifies the manufacturer as the source of particular goods and distinguishes its products from those made or sold by other companies - Under common law, the person who used a symbol or mark to identify a b...

BCOR 1015 Final EXAM | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ What are Hayeks views on planning and decision making? - Answer -he believes in decentralized knowledge HAYEK: what is decentralized knowledge? - Answer -spreading knowledge amongst people is Hayek against centralization? - Answer -yes HAYEK: how does the price system coordinate resources? - Answer - price signals are used to make decisions and send information to other groups because prices ar...