BUSN 115 WEEK 2 QUIZ LATEST-DEVRY

1. 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

2. 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

3. 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?

4.  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.    