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\nVisit Below Link, To Download This Course:\n\nhttps://www.tutorialsservice.net/product/busn-115-week-2-quiz-latest-devry/\n\nOr \nEmail us on\nSUPPORT@TUTORIALSSERVICE.NET\n\nBUSN 115 Week 2 Quiz Latest-DeVry\nBUSN115\nBUSN 115 Week 2 Quiz Latest-DeVry\nQuestion 1:(TCO 1) A(n) _____ is a framework of how a business intends to generate revenue.\n• business model\n• strategic management tool\n• profitability analysis\n• competitive advantage\n• entrepreneurial mindset\nQuestion 2: (TCO 1) Which of the following statements is true regarding business mindset?\n• It involves seeing the business from the outside in.\n• It is incompatible with corporate responsibility.\n• It involves appreciating the challenges a company faces in satisfying customer needs.\n• It involves acknowledging that businesses always benefit society.\n• It involves ignoring one’s customer experiences.\n

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busn 115 week 2 quiz latest devry

BUSN 115 WEEK 2 QUIZ LATEST-DEVRY

Visit Below Link, To Download This Course:

https://www.tutorialsservice.net/product/busn-115-week-2-quiz-latest-devry/

Or

Email us on

SUPPORT@TUTORIALSSERVICE.NET

BUSN 115 Week 2 Quiz Latest-DeVry

BUSN115

BUSN 115 Week 2 Quiz Latest-DeVry

Question 1:(TCO 1) A(n) _____ is a framework of how a business intends to generate revenue.

business model

strategic management tool

profitability analysis

competitive advantage

entrepreneurial mindset

Question 2: (TCO 1) Which of the following statements is true regarding business mindset?

It involves seeing the business from the outside in.

It is incompatible with corporate responsibility.

It involves appreciating the challenges a company faces in satisfying customer needs.

It involves acknowledging that businesses always benefit society.

It involves ignoring one’s customer experiences.

Question 3. (TCO 1) Which of the following positions would be responsible for establishing the long-term

financial goals of the company, investing its funds and raising capital for the business?

Cash manager

Internal auditor

Chief information officer

Forensic accountant

Treasurer

question 4 tco 1 which of the following

Question 4. (TCO 1) Which of the following is a characteristic feature of economic contraction?

Decreased unemployment rates

Decreased consumer spending

Increased income

Increased employment

Increased demand

Question 5. (TCO 1) _____ is a steady rise in the average prices of goods and services throughout the

economy.

Recession

Depression

Deflation

Inflation

Arbitration

Question 6. (TCO 1) _____ taxes are levied on earnings of individuals to help fund Social Security,

Medicare, and unemployment compensation.

Excise

Payroll

Sales

Income

Property

Question 7. (TCO 1) _____ intelligence involves reasoning, problem solving, memorization, and other

rational skills.

Cognitive

Emotional

Social

Collaborative

Networking

Question 8. (TCO 1) The overall plan might be supported at the next level down by such plans as a

research and development plan, a manufacturing plan, and a marketing plan. Such functional plans are

called _____ plans.

Appraisal

Strategic

Contingency

Tactical

Corporate

question 9 tco 1 the first step in managing

Question 9. (TCO 1) The first step in managing organizational change is _____.

monitoring continued progress of the change effort

identifying the need for change

reinforcing the changed behavior

analyzing the forces acting against the change

choosing the technique to be used in instituting the change

Question 10. (TCO 2) _____ limit the amount of particular goods that countries allow to be imported

during a given year.

Import subsidies

Embargoes

Import quotas

Import tariffs

Restrictive import standards

Question 11. (TCO 2) The North American Free Trade Agreement (NAFTA) was formed by the United

States, Canada, and _____.

Costa Rica

Jamaica

Cuba

Mexico

Honduras

Question 12. (TCO 2) Transparency International is a(n) _____.

accounting agency that promotes the use of unified accounting systems across the world

watchdog group that works to reduce business-government corruption around the world

agency that works toward implementing protectionist regimes across the globe

agency of the United Nations that is formed to mediate international negotiations

agency of the United Nations that is formed to investigate transparency issues in international

trade

Question 13. (TCO 2) _____ are the principles and standards of moral behavior that are accepted by

society as right versus wrong.

Mandates

Ethics

Business mindset

Etiquette

Philanthropy

Question 14. (TCO 2) Which of the following is an example of whistle-blowing?

slide4

An employee discloses confidential information about the company to a rival firm for personal

gain.

An employee suggests some process changes to his manager that he claims will increase the

productivity of the team.

An employee avoids taking ownership of his mistakes by blaming it on his coworkers.

An employee informs the manager that some of his team members are misusing confidential

customer details from the company database.

An employee who is unsatisfied with his performance appraisal requests his manager for a re-

evaluation of his performance.

Question 15. (TCO 2) Which of the following statements is true regarding ethical decision making?

When an employee is unable to make a decision because more than one side of an issue can be

supported with valid arguments, it is called an ethical lapse.

The disclosure of information by a company insider that exposes unethical behavior by others

within the organization is called an ethical lapse.

Stakeholders’ needs often conflict, requiring managers to make tough decisions about resource

allocation.

Making objective decisions will lead to ethical lapses.

When the question of what is right and what is wrong is clear, ethical decisions are easy to

implement.