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BUS 100
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BUS 100 Chapter Quiz
1. In low-income countries, a higher
percentage of entrepreneurs are considered 2.
A(n) _____ is a formal document that describes
a business concept and outlines the core business
objectives while detailing the strategies and
timelines for achieving those objectives. 3.
Small businesses generate about _____ of the
U.S. gross domestic product. 4. The _____
is supported by the Small Business Administration
and provides comprehensive counseling for small
businesses.
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BUS 100 Quiz 1 (2)
1. A key advantage of a sole proprietorship
is that _____ 2. A _____ is a voluntary
agreement between two or more people to jointly
own a business. 3. A statutory close (or
closed) corporation gives its shareholders 4.
_____ are organizations, such as mutual funds,
insurance companies, or pension funds, that pool
contributions from a large number of investors,
clients, or depositors to buy stock and other
securities.
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BUS 100 Quiz 1 (3)
1. As competition has become truly global,
free trade has resulted in ____ prices and ____
quality across virtually every product
category. 2. Human resources include the 3.
Entrepreneurs need economic freedom to
thrive. Those freedoms include 4. ____
refers to differences in gender, age, religion,
and nationality that affect the workforce.
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BUS 100 Quiz 1 Chapter 1
1. Doing business today without harming the
ability of future generations to meet their needs
is referred to as  2. The marketing era
introduced  3. The five key dimensions of the
broader business environment include  4. The core
goal of business is to generate long-term _____
by delivering _____ to their customers.
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BUS 100 Quiz 1
1. Nonprofit organizations are not in the
business of 2. A businesss core goal is to
generate long term profits while delivering _____
to its customers. 3. As a factor of
production, capital would include 4. Doing
business today without harming the ability of
future generations to meet their needs is
referred to as
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BUS 100 Quiz 2 Chapter 2
1. In most states, the document that owners must
file in order to form a corporation is referred
to as the 2. In an acquisition, the firm being
purchased is the _____ and the firm which is
purchasing the other firm is the _____. 3. The
party in a franchise relationship that pays for
the right to use resources supplied by another
business entity is known as the
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BUS 100 Quiz 3 (1)
1. In customer relationship management,
firms selling big-ticket items with small
customer bases often find it advantageous to
develop 2. _____ is the customers
perception that a product has a strong, positive
relationship between its cost and benefits. 3.
_____ is the process of continually collecting
information from the external marketing
environment.
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BUS 100 Quiz 3 Chapter 3
1. Demand is defined as 2. When tax revenue is
higher than government expenditures, the
government incurs a 3. The economy, as a system,
represents the 4. _____ refers to actions that
shape the economy by influencing interest rates
and the supply of money. 5. In the broadest
sense, economics studies the choices that
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BUS 100 Quiz 4 Chapter 4
1. A business plan should include all of the
following topics EXCEPT   2. _____are small
segments within a market that can offer profit
potential to entrepreneurs who know how to serve
them.   3. All of the following are
entrepreneurial characteristics, EXCEPT
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BUS 100 Quiz 5 Chapter 5
1. Demographic segmentation divides the market
by   2. According to the textbook, using scanner
data from retail sales is an example of   3.
Creating products tailored for individuals on a
mass basis is referred to as
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BUS 100 Quiz 6 Chapter 9
1. _____ is the first step in the training and
development process, designed to introduce
employees to the company culture. 2. Businesses
that offer employees a(n) _____ give them the
option of working a full-time number of hours in
less than the standard workweek 3. The main
purpose of Title VII of the Civil Rights Act of
1964 was to
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BUS 100 Quiz 8 Chapter 11
1. _____ provide reports, information, and
analysis to managers to assist them with making
better informed decisions. 2. _____ is/are what
the firm owes its creditors. 3. The process of
developing the operating budget begins with
the 4. The _____ indicates whether a firm earned
a profit or suffered a loss over the past
accounting period.
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BUS 100 Quiz 9 Chapter 14
There are three basic levels of management 2. A
_____ organization creates flexibility as it
brings together specialists from different areas
of the company to work temporarily on individual
projects. 3. SWOT is the acronym for 4. A
_____organization typically has a clear, simple
chain of command from top to bottom 5. _____
involves determining a structure for both
individual jobs and the overall organization.
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BUS 100 quiz 9
1. _____ refers to the physical components
used to collect, store, organize, and process
data and to distribute information 2. _____
is a technology that stores information, such as
a unique serial number, on a microchip and
transmits it to a reader thats within range. 3.
The Business Software Alliance estimated
that the piracy rate in China was about
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BUS 100 Quiz 10 Chapter 15
1. By offering limited access of their intranets
to select groups of people, firms create 2. _____
e-commerce involves businesses buying and selling
supplies, components, machinery, equipment, or
services from other businesses 3. _____ is/are
the raw facts and figures businesses collect
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BUS 100 Quiz 11 Chapter 17
1. _____ is buying products from overseas markets
that are manufactured overseas 2. International
trade provides businesses with access to new
customers through 3. When the total value of
exports is higher than the total value of
imports, a country experiences a 4. When a
country lacks hard currency, it must use _____ to
complete international trade.
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BUS 100 Week 3 Assignment 1 Fundamentals of
Effective Communication in the Workplace
Assignment 1 Fundamentals of Effective
Communication in the Workplace Due Week 3 and
worth 80 points Effective communication skills
are essential in the workplace. Some businesses
invest in training their employees on how to
effectively communicate, because effective
communication skills go beyond conversations.
Employees must know how to express business
issues effectively when writing reports and
emails.
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BUS 100 Week 5 Assignment 2 Ethical and Socially
Responsive Business
Assignment 2 Ethical and Socially Responsive
Business Due Week 5 and worth 120 points Because
of the human aspect of ethics and its links to
business success, corporate leaders must be
careful about their behaviors, and how they
address problems. For this assignment, you must
select the code of ethical conduct for one (1) of
the following restaurants Cheesecake
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BUS 100 Week 7 quiz 6
1. In operations management, _____ refers
to completing a task or producing a product at
the lowest cost. 2. _____ software enables
users to test, analyze, and optimize designs.
These programs allow users to find and correct
design flaws before production. 3. _____
production emphasizes production of goods to meet
actual current demand
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BUS 100 Week 8 quiz 7
1. The Financial Accounting Standards Board
hopes to make the U.S. accounting practices 2.
As a _____ you work within an organization,
preparing reports and analyzing financial
information such as budgets and cost
management. 3. _____ accountants provide
services such as tax preparation, external
auditing, or management consulting to clients on
a fee basis.
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BUS 100 Week 8 quiz 8
1. The _____ is a broad stock index that
includes many of the largest and best-known
United States corporations. 2. The _____
dealt mainly with the regulation of secondary
securities markets and created the _____. 3.
For the past several decades, the _____ and
_____ were the two largest securities exchanges
in the United States.
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BUS 100 Week 9 Quiz 9
1. A(n) _____ is the network of
organizations and activities needed to obtain
materials and other resources, produce final
products, and get these products to their final
users. 2. _____ is a technology that stores
information, such as a unique serial number, on a
microchip and transmits it to a reader thats
within range.
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BUS 100 Week 10 Assignment 2 Ethical and Socially
Responsive Business
Because of the human aspect of ethics and its
links to business success, corporate leaders must
be careful about their behaviors, and how they
address problems. For this assignment, you must
select the code of ethical conduct for one (1) of
the following restaurants  Cheesecake Factory
(http//investors.thecheesecakefactory.com/phoenix
.zhtml?c109258pirol-govconduct) Ruby
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BUS 100 Week 11 Quiz 11
1. If trade restrictions among nations were
eliminated, economists predict 2. The
International Monetary Fund (IMF) implemented a
debt relief program to benefit 3. The
European Union created a common currency that 12,
member states have since adopted. This common
currency is referred to as the
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