Business exam review Flashcards
A business that is created to scale quickly and utimately be sold to a larger business is referred to as:
a high growth business
According to McGregor’s Theory X
workers prefer to be directed
According to McGregor’s Theory Y:
people naturally work towards goals to which they are committed
Catholic social Teaching’s reference to business operations originated with the encyclical
Rerum Novarum
The author of the answer to the previous question was:
Pope Leo XIII
Working toward benefiting the common good is the Principle called
Solidarity
Who performed music during Professor Quinn’s class?
Pharell Williams and Jay-Z
What was the topic of the music video that was shown
Entrepreneurs who are African-American descent who are located around the world
The product of Just Hati is?
Coffee
Consulting business, retail stores, and medical practices are example of
Life style businesses
“The decision to make work at first feasible, then effortless” is the _____ definition of _______:
Biblical; freedom
The catholic social teaching principle of subsidiarity is about
respect for employees because thier human dignity
Catholic social teaching cited mass production and exploitation of workers as by-products of the:
industrial revolution
In the subsidiarity-solidarity grid, Integral Human Development is achieved through:
A high application of subsidiarity and solidarity
In the evolution of marketing, the period from the late 1700s to the early 1900s was called the
production era
The invention of the television and its use as a promient vehicle for marketing new products was during the
marketing concept era
During the customer relationship era of marketing, the focus was on:
strengthening customer loyalty
Digital marketing strategies grew during the:
2000s
The marketing mix’s four p’s are
Product, price, place, promotion
The terms standardized, differentiated, and unique refer to which P of the Marketing mix
product
Where do you find the official course listing
Main web page, outline resources, course offerings
What does “CRN” in the course lising stand for
A)Course Reference Number
B) College Registration Number
As a division of business student or SASO student, what additional information is needed order for you to register for classes
Meeting with advisor and alternate pin
What part of university core is fufilled with the coruse ECON2010( princples of microeconomics) for a business major
Human behavior
When filling in your checklist the course BSAD 1010 (introduction to Business) counts as
Free elective
Which of the following are a business’s resources
Land, Labor, Capital, and entrepreneurship
The primary objective of a business is to
Work towards a scenario where costs do not exceed or equal revenue
The government is a stakeholder that is
a source of the business’s cost
A business can be defined as
any entity that produces tangible or intangible goods from its resources in order to make profit
Business disciplines differ from economics in the way resources are categorized. How do they differ?
Economics implies that human capital is part of laor and entrepreneurship
The orgin of the word economics is
the greek word oikonomia
The term “social responsibility” has to do with
Local large profitable business providing finacial assistance to local non-profit
stockholders that are mainly sources pf business reveue are
Customers, bankers, stockholders, and bondholders
Basically, important issues any entrepreneur has to decide include all of the following except
Which government regulations will it choose to comply with
An entrepreneur and a labor resource differ in that
an entrepreneur pursues opportunties beyond the resources he/she can control
