DHS BUS 202 Final

Another name sometimes used for human resources management is...

A bankrupt firm cannot again file for bankruptcy for six years.

Which is most likely to be sold throughseveral different channels of distribution? 

A stockholder has the same financial responsibility as a partner.

Selling is successful when

No-fault insurance=the responsibility for losses is the insurance company of each of insureds.

An example of mass media advertising is

The plan for paying employees that has the advantages of various paysystems is the...

Motivation theory that suggests that individuals seek to satisfyneeds in order was described by

Satisfying wants involves four types of utility: time, place,possession, and...

Demand of a product refers to # of like products thatwill be for sale at a certain time & price

A SWOT analysis studies Systems, Weaknesses, Opportunities, andTechnology.

Organizational development attempts to...

The basic accounting equation is Assets = Liabilities + Capital.

Goods and services that are sold to other countries are called exports.

A corporation can make changes in the purpose of its businesswithout changing its charter. 

When determining comparable worth, what factor is NOT included?

As the standard of living increases, the birth rate usually...

The most common form of business organization is the...

A shareholder cannot

The first step in effective problem solving is to identify the problem.

An example of the underground economy occurs when a parent gives a child$ for doing chores.

About half of all new businesses fail within the

The dollar value printed on the stock certificate is known as the parvalue.

Budgets are controlling devices as well as planning devices.

A nonprofit corporationis an organization that...

The development and manufacture of new products is...

Restating the message in your own words to the sender is a form offeedback. 

The investment made in a business by its owners is called...

An unemployed 16-year-old student is considered part of the labor force.

An accounts receivable record shows money owed and payments made by abusiness.

Electronic message that has abusive or offensivecontent that may violate company policy or law

Managers who offer bonuses to employees who exceed established goals areusing...

What normally happens during a recession? 

A benefit of having policies to guide decisions is that...

Operational planning is short-term planning that identifies activities for each area of the biz

The first stage of e-commerce development for most businesses is

E-Commerce means doing business online.

When workers become empowered, what happens to the quality of theirwork? 

A measure of a nation’s wealth is its GDP.

Demand is represented by wanting an expensive leather jacket without havingthe money to buy it.

The actual price a customer paid for a product is the 

The product life cycle concept suggests that...

In a low-context culture such as the U.S., communication would likely be...

People in the first (or beginning) level of management in a company areknown as...

Top-level managers who spend almost all of their time on management functionsare...

Most often, retailers sell to

The two types of product research are pure and applied.

Employee discharge is the same as

If a business fails, a sole proprietor loses only an amount invested & not personal possessions

With advanced technology, what happens to the cost of each unitproduced?

An autocratic leader gives direct & precise orderswith detailed instructions on the work to do.

The first two “life cycle” stages that a product goes through are...

A person must own at least 10 shares of stock to be considered astockholder.

When employees are confident & trust their manager,they're likely to be ineffective with...

If a business is not making a profit, it may cease to exist.

Closed corporate cultures encourage creativity and decision making atlower levels. 

The fastest growing segment of our society is...

Whencustomers purchase a product regularly without a great deal of thought, theproduct is... 

Which statement is most accurate about demand?