(TCO 1) People who stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address include which of the following? (Points : 5) Bankers Government employees Surrounding/competing businesses Foreign business leaders Domestic business leadersQuestion 3.3. (TCO 1) As a pharmacist in your community, you are concerned with the level of service provided to those in need at odd hours and after hours and in the neighborhoods where such extended service is needed. Your concerns are centered on which of the following? (Points : 5) Making products and counseling available when consumers need them Changing the buying behaviors of consumers Understanding the risks of some of the products offered for sale Doing whatever is necessary to provide credit through debit cards and credit cards Providing open and free-flowing communication to the consumersQuestion 4.4. (TCO 3) Which of the following is true about a small business? (Points : 5) A small business is one that employs between 500 to 1000 employees. A small business is usually funded by personal lines of credit and not through bank loans and microlenders. A small business is one that is not dominant in its field. A small firm usually curtails the freedom to innovate. A small firm avoids risks that larger firms are willing to take.Question 5.5. (TCO 1) Performing a SWOT analysis is part of the _____. (Points : 5) planning function organizing function leading function controlling functionQuestion 6.6. (TCO 2) These are government policies aimed at shielding a country’s industries from foreign competition. (Points : 5) Tariffs Free-market capitalism Protectionism Import quotasQuestion 7.7. (TCO 3) One disadvantage of free trade is _____. (Points : 5) domestic companies can lose their comparative advantage uninterrupted flow of capital provides for lower interest rates workers will be given across-the-board pay increases a companys productivity grows when it has an absolute advantage domestic workers can be trained for additional jobsQuestion 8.8. (TCO 3) Advantages of a Limited Liability Corporation (LLC) include all of the following EXCEPT (Points : 5) unrestricted member participation in management. pass-through taxation benefits of a partnership. advantages of limited liability. limited number of shareholders.Question 9.9. (TCO 2) What does the term CSR stand for in a corporate setting? (Points : 5) Corporate Social Reasoning Corporate Social Responsibility Corporate Social Reporting None of the AboveQuestion 10.10. (TCO 3) Starting your own business (Points : 5) is an alternative to unemployment. is not risky. allows others to control your future. is not difficult and does not require sacrifice.Question 11.11. (TCO 4) Consumers have needs for living and wants, which are desires and to know them helps businesses to meet market demands. From the following list, identify which combination is just needs, or just wants. (Points : 5) Food and Big Mac Motorcycle and car Shelter and condo Water and Coca-ColaQuestion 12.12. (TCO 4) The rapid spread of brand communities has been one of the major impacts of social media. The Harley Davidson Owners Group is one example of an informal network of people with similar interests who use social media to bond and share information. Why are these brand communities effective? (Points : 5) The cost of consumer-oriented publications is too expensive. Consumers now trust their peers more than any source for product information. Consumers no longer trust salespeople. State and local consumer protection agencies no longer review products.Question 13.13. (TCO 4) Successfully distributing goods to customers involves low cost and customer satisfaction. Several steps must take place in order to reach this goal. Which step need NOT be considered in the physical distribution of goods? (Points : 5) Order processing Market segmentation Inventory control TransportationQuestion 14.14. (TCO 5) Which one of these listed below is NOT a classical motivation theory? (Points : 5) Maslows Hierarchy of Needs Herzberg’s Theories of Motivation Theory X and Theory Y Gibsons Motivational Theories on EmployeesQuestion 15.15. (TCO 6) Production and operations management is best described by which of the following? (Points : 5) Overseeing all of the activities involved in producing goods and services Designing machines to do multiple tasks Tailoring products to meet the needs of a large number of customers Using technology and robotic units to assist with plant operations Short production runs and the machines being adjusted frequentlyQuestion 16.16. (TCO 7) An accounting system includes which one of the following? (Points : 5) Tax return information Regulatory information Summarization of accounts information Personnel information Eleemosynary informationQuestion 17.17. (TCO 7) Imagine that you have just earned your business degree and have been hired as a hospital administrator at a small hospital that, like many others, is experiencing financial problems. A suggestion that you would make to help improve the financial position of the hospital and correct the financial problems is to (Points : 5) improve the efficiency of the hospitals cash management system. use a carefully planned lawn care service. continue the hospitals large stockpile of drugs. cease using a just-in-time inventory system. use a carelessly planned inventory control system.
Policies and activities of a business
Plagiarism-free and delivered on time!
We are passionate about delivering quality essays.
Our writers know how to write on any topic and subject area while meeting all of your specific requirements.
Unlike most other services, we will do a free revision if you need us to make corrections even after delivery.
How it Works
Place an order
Fill out the order form.
Attach any custom instructions that is required to complete your order.
Pay online safely.
The order form will redirect you to a payment page.
Receive Order via Email
Once the order is complete, we’ll send it via the email provided on the order form.