Unh admn 400 Study guides, Class notes & Summaries

What is a Business? - Answer- an organization that provides goods and services to earn a profit What is a nonprofit? - Answer- any profits generally put back into the organization, instead of going to owners/shareholders Examples of non-profit goals: - Answer- - environmental preservation - Mental health - decreasing homelessness Roles of Business in Society (5) - Answer- - employment -production of goods/services we want/need - innovation of new goods/services - community leadersh...

What is a Business? - Answer-an organization that provides goods and services to earn a profit What is a nonprofit? - Answer-any profits generally put back into the organization, instead of going to owners/shareholders Examples of non-profit goals: - Answer-- environmental preservation - Mental health - decreasing homelessness Roles of Business in Society (5) - Answer-- employment -production of goods/services we want/need - innovation of new goods/services - community leadership/suppor...

impact of business on economy/society - Answer--small businesses contribute to local economies by bringing growth and innovation to the community in which the business is established distinctive competencies - Answer-1. New niche in an established market -Identifying a segment of the market that is not currently being exploited by other companies 2. New market -Identifying new markets by either transferring a product/service from one established geographic market to another, or by creating...

ADMN 400 Final UNH Latest 2024 Graded A+ Marketing Matrix product, placing, pricing, and promotion Value Benefit/Cost Utility ability of a product to meet someones wants or needs Types of Utility form, place, time, possession Consumer Goods tangible products purchased by customers for personal use industrial goods Products used in the production of other products. Sometimes called business goods or B2B goods. Services intangible products Political-Legal Environment in...

What is a Business? - correct answer-an organization that provides goods and services to earn a profit What is a nonprofit? - correct answer-any profits generally put back into the organization, instead of going to owners/shareholders Examples of non-profit goals: - correct answer-- environmental preservation - Mental health - decreasing homelessness Roles of Business in Society (5) - correct answer-- employment -production of goods/services we want/need - innovation of new goods/servic...

impact of business on economy/society -Employment -Production of goods and services -Innovation of new goods and services -Community leadership/support for charities -Contribute to gov initiatives through taxes -ECONOMY: Higher output=higher standard of living What is a distinctive competency? skills that increase the competitiveness of an organization and make it different from competitors....EX: Dating apps 2 types of distinctive competency? (1) New niche in an established market. (...

ADMN 400 UNH Final Review Latest Update Graded A+ 5 stages to Market Research Market analysis, Competitor Analysis, Trends Analysis, Customer Analysis, Defining Opportunities. Types of Accountants Certified Public, Non-certified, Private, Forensic Net Worth What an organization owns - what it owes Categories of CSR Obstructionist, Defensive, Accomodating, Proactive Venture Capitalists Not common, available to exceptional startups, typically reserved for new growth businesses ...

UNH ADMN 400 exam 1 questions and correct detailed answers |already graded a+