stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
BIZ - Exam 2 Review - SP22 Flashcards | StudBud
Explore
/
BIZ - Exam 2 Review - SP22
BIZ - Exam 2 Review - SP22
25 terms
·
StudBud Administration
·
309 plays
Imported from external platform
Flashcards
25 cards
F
Practice quiz
P
Host live
L
Questions
25
Answers
1
Intangible property is the result of creative effort, such as books, music, inventions, etc.
False
True
2
create value by providing customers with goods and services that offer a better relationship between price and benefits.
quality
effectiveness
value
efficiency
3
A beverage firm acquired their supplier of aluminum cans to gain more control of their value chain. Is an example of...
Lean Production
Offshoring
Outsourcing
Vertical Integration
4
Management refers to one’s ability to influence, motivate and enable others to contribute to an Organization’s success.
TRUE
FALSE
5
Which demographic poses the biggest cybersecurity risk?
Gen X (40-54)
Millennials (25-39)
Baby Boomers (55-75)
Generation Z (18-24)
6
Data breaches are most commonly the result of:
Technology Issues
Malicious Insiders
Malicious Insiders
Human Error
7
Which of the following is not a characteristic of total quality management (TQM)?
Empowerment of Employees
Customer Focus
Short Term Commitment to Improvement
Focus on Prevention Rather than Correction
8
External recruitment is an HR function that manages outsourcing
FALSE
TRUE
9
Which of the following is challenge employers face as the baby boomer generation ages?
lack of baby boomer loyalty to their employers
demand for flexible work schedules
high cost of training baby boomers
loss of key talent and experience to retirement
10
A company converts its assets into cash to pay its debts to different companies. Which ratio is being analyzed?
Leverage ratios
Liquidity ratios
Asset management ratios
Profitability ratios
11
Data in their raw form are collectively called information.
TRUE
FALSE
12
Financial managers emphasize the goal of maximizing the market price of stock because:
they are socially responsible.
they have a fiduciary duty.
their money is at risk.
they have to safeguard owner's investments.
13
The time value of money reflects the fact that:
long-term investments are more profitable than short-term investments.
it is best to have money today, it can be put to work sooner to make more $
financing is a particularly important source of financing
a covenant requires the borrower to agree not to borrow any additional fund
14
Which of the following is an HR Role in performance appraisals?
Training employees to answer management questions.
Coordinating the appraisal process between managers in different department
Creating evaluation tools that align with Company objectives.
Requiring employees to report on the effectiveness of their manager.
15
Refers to a process by which you earn interest on the money you invest & the interest you've earned in previous years.
Diversifying
Compounding
Recurring
Divesting
16
Which of the following tasks within an airline company are related to operations?
crew scheduling
sales
international monetary exchange
advertising
17
A company that sells stock on the stock market.
stock market
public company
private company
market capitalization
18
Cloud computing allows users to access their photos from any computer even without an Internet connection.
TRUE
FALSE
19
A _______ consists of all tangible and intangible features that create value for customers
process
servicescape
supply chain
value chain
20
How does Management go about achieving the Goals of an Organization?
Leading, Managing and Delegating.
Planning, Controlling and Leading
Planning, Organizing, Leading and Controlling.
Planning, Organizing, Managing and Controlling.
21
What kind of skills do Managers need to do their job?
Technical Skills, Conceptual Skills and Tactical Skills
Technical Skills, Human Skills, Conceptual Skills
People Skills, Technical Skills and Competitive Skills
Conceptual Skills, Tactical Skills and Human Skills.
22
A(n) _______ is a visual representation of the company's formal structure.
cognitive map
Business Model Canvas
Organization chart
Identity Line
23
Which HR responsibilities entails describing the qualification necessary to hold a position within the company?
Job Duties
Job Specifications
Job Analysis
Job Description
24
Creating objectives for a department that align with the overall objectives of the Company.
Benchmarking Plan.
Operational Plan.
Tactical Plan.
Strategic Plan.
25
Which of the following is NOT a Human Resources challenge?
Training employees to use an autocratic leadership style.
Discrimination faced by women in the workplace.
Maintaining the link between pay and performance.
Managing layoffs and outsourcing.
