2023 MGT 125 FINAL EXAM (A) COMPREHENSIVE

In the context of the history of American business, the "hard sell" emerged during the relationship era of marketing.

In the context of ethical behavior, encouraging fraudulent accounting is illegal and unethical.

___ is a group of countries that have eliminated tariffs & harmonized trading rules to facilitate the free flow of goods

Two basic financial statements that are prepared in financial accounting are_____

Marketers of the ___ believe that satisfied customers can be advocates for businesses through positive "word of mouth"

The various ways in which a message can be sent, ranging from one-on-one person meetings to internet message boards are

To acquire financial capital, David can either borrow money from a bank, or purchase on credit from a supplier.

In a capitalist economy, private-sector businesses are free to decide how much they will charge for their products.

When a company issues and sells new stock or uses retained earnings to meet its financial needs, it is using _____

Which of the following is an example of a nonprofit organization?

____ is the functional area of business that is concerned with finding the best sources and uses of financial capital.

In accounting for the time value of money, the discount rate remains constant in a specified number of time periods.

A company donates 5% of its profits to a school & also provides free products to children to promote learning. This is _

P.Gems sells ornate jewelry made from rare jewels. It is famous for its use of the Tanzanite gemstones. The gemstones is

In the context of balance sheets, resources owned by a firm are known as _____.

Which of the following is an appealing benefit that entrepreneurs enjoy?

For research purposes, the U.S. SBA defines small business as companies with up to 1,000 employees.

Capital, one of the factors of production, includes machines, tools, buildings, information, and technology.

In the business environment, computers, telecommunications, and other digital tools are considered to be part of the ___

The economic system of the United States is called _____.

___ summarizes the financial statement that reports revenues, expenses, & net income from a firm’s operations overtime.

T owns a company & organizes appointments that favor his schedule. An advantage of entrepreneurship here is

People can create natural resources by growing and harvesting agricultural products.

The net income of a company is calculated by subtracting expenses from revenue.

Do, Re & Mi are starting a new business. Do invests her time, money, efforts, & directly manages the business. Do is a

A govt. owns key industries such as healthcare. It levies high taxes on its citizens for funding. The economic system is

Projects with potential for high returns generally have a low degree of uncertainty and risk.

Socialist economies tend to have very low taxes.

A business email should have a compelling subject line.

A country tends to produce products for which they have a ____, i.e they turn out goods that the lowest opportunity cost

An African country follows a system that facilitates private ownership and economic freedom. The economic system is

A company pledges 7% of its annual revenue to world hunger organizations. The founders contribute to world improvement.

In-person presentation is a communication channel with high channel richness.

In the context of the factors of production, which of the following is a natural resource?

Which of the following statements is true of ethics?

In the ____, leading-edge firms look beyond each immediate transaction with a customer and aim to build long-term ties.

T.Toys is a toy company that employs 1,000 workers to create handmade toys. As a factor of production, the employees are

In the context of small business opportunities, which of the following statements is true of market niches?

Inventory is an example of a current asset.

In creating and maintaining an ethical organization, more-engaged employees are much less likely to behave badly.

In the context of nonverbal communication, fidgeting during a conversation is likely considered a sign of

An int. company releases statements that contain details of its profits and losses over the past five years. This is

Texting is an example of a communication channel with high channel richness.

Who among the following individuals uses nonverbal communication?

In the context of nonverbal communication, leaning forward during a conversation is considered a sign of interest.

In 1908, a company had only one model of each of its products. The company did not differentiate its wares. The era is

Which communication channels helps your audience benefit from hearing your tone and how it changes through the chat?

In the context of international trade restrictions, _____ are taxes levied against imports

Which of the following statements is true about nonverbal communication?

_____ refers to funds provided by creditors.