Mie 201 test 2 - Study guides, Class notes & Summaries

MIE 201 Test 2 - Questions and Answers A(n) _________ summarizes an anticipated company project, including the project's objectives and strategies for accomplishing those objectives. A. business plan B. financial plan C. marketing plan D. operations plan E. business incubator Compared with starting a new business, buying an existing business has both advantages and disadvantages. One of the disadvantages of buying an existing business is ________. A. a purchased existing business comes with p...

MIE 201 Test 3 Makanui Exam Questions and Answers 100% Pass management - Correct Answer ️️ -a process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment. managers - Correct Answer ️️ -those individuals in organizations who make decisions about the use of resources and who are concerned with planning, organizing, staffing, directing, and controlling the organization's activities to reach its objectives. st...

MIE 201 Test 3 Makanui. management - correct answer a process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment. managers - correct answer those individuals in organizations who make decisions about the use of resources and who are concerned with planning, organizing, staffing, directing, and controlling the organization's activities to reach its objectives. staffing - correct answer the hiring of people to carr...

MIE 201 Test 3 Makanui Exam Questions and Answers 100% Pass management - Correct Answer ️️ -a process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment. managers - Correct Answer ️️ -those individuals in organizations who make decisions about the use of resources and who are concerned with planning, organizing, staffing, directing, and controlling the organization's activities to reach its objectives. st...

business - individuals or organizations who try to earn a profit by providing products that satisfy people's needs products - a good or service with tangible and intangible characteristics that provide satisfaction and benefits profit - the difference between what it costs to make and sell a product and what a customer pays for it

MIE 201 Chapters 1-3 (Test 1) business - correct answer individuals’ organizations who try to earn a profit by satisfying needs product - correct answer tangible or intangible characteristics that provide benefits profit - correct answer what it costs to make vs what the customer pays stakeholders - correct answer groups that have stakes in the success and outcomes of businesses managment - correct answer involves developing plans, coordinating employee's actions to achieve the f...