BUSN 115 Week 8 Final Exam
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1. (TCO 7) Some of the characteristics of lean systems include which of the following?
2. (TCO 7) Mass customization means
3. (TCO 8) One scarce item in the future will be water. Which is the least expensive way to get water from places of abundance to places of need?
4. (TCO 8) If there is one thing that advertisers agree upon, it is the growing importance of social media in product promotion. Given this information
5. (TCO 1) You own a hardware store in the small town where you live. A big-box, multiline competitor has just opened. You see the following as your advantages of maintaining
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These include which? (Select all that apply.
13. (TCO 3) In 1948, a global forum was created whose purpose it was to reduce trade restrictions on goods, services, ideas, and cultural programs. The results of the efforts of this organization include which? (Select all that apply.)
14. (TCO 4) The disadvantages of sole proprietorships are which? (Select all that apply.)
15. (TCO 4) A limited liability company has which of the following advantages? (Select all that apply.)
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1. (TCO 5) In this digital age, setting up shop online is vital for most retail businesses. But having only an online presence that customers can access at home isn’t enough anymore. Now consumers have an array of smartphones and digital tablets that can get them online from anywhere. For social networks and retailers alike, the mobile market has already enjoyed tremendous growth. Given this information as a sales manager for Always Better Car Sales (ABCS), your concerns include which of the following? (Select all that apply.)
2. (TCO 4) To look at problems and/or passions and see opportunities in them, which of the following questions should be asked? (Select all that apply.)
3. (TCO 5) Electronic wireless technology continues its move toward ubiquity. Such media inculcates which of the following? (Select all that apply.)
4. (TCO 5) You are an independent Internet marketing consultant. You have an excellent track record of assisting small- to medium-sized
2. In this stage of operational effectiveness, organizations use core capabilities residing in the operations area to obtain a sustainable competitive advantage.
For the first time since the Industrial Revolution, less than _____ percent of the American workforce was employed by manufacturing.
both a and b (Yes. The corporate structure provides for limited liability and ease of transferring ownership.)
(TCO 5) Electronic wireless technology continues its move toward ubiquity. Such media inculcates which of the following?
The BUSN115 final exam is 3 pages long. It is a timed exam worth 250 points that you may enter only once. You have 3.5 hours to complete the exam. It consists of 25 multiple choice questions worth 6 points each. There are 7 essay questions, 6 worth 15 points and 1 worth 10 points. Be sure to save and save often while you are working on the exam, and submit the exam when you are finished.
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Step 1: The chargrilled sandwich accounted for 7 % of sales in 2013. This seems that the profit is not so much. To change the situation, the company decided to change.
9 (TCO 3) Use your basic knowledge and your understanding of market structures to answer this question. Which of the following companies most closely approximates a differentiated oligopolist in a highly concentrated industry?
9. (TCO 8) The marketing manager is responsible for choosing how to implement which? (Select all that apply.)
Social media is an effective media of communication between the consumers and companies. The companies are using social media for improving consumer engagement and brand lift. This essay gives a brief overview of social media platforms and how effective they have been. It shows that the whole marketing concept has undergone radical transformation due to the social media interaction. The essay ends in conclusion depicting what marketers need to take care in order to have successful social media campaign.
We are on the internet and mobile era, speed, reliability, and mobility plays a crucial part in meeting customer expectations. Obviously, technology plays a big part in the way we live and work. The Target corporate strategy of focusing the use of technology and a seamless mobile, online and offline shopping experience is the future of the digital world.
e. They can continue to improve their communications between stores, so that not only will managers know what products are selling the most within their own stores, they will be able to get information regionally and react quickly to the rising hot trends.
D. Identify and briefly describe the three things that companies need to be good at in order to
Describe two core elements of Lean Enterprise that can be used to improve your organization
I would like to our express sincere gratitude towards Miss Tina Jobanputra, Faculty of Managerial Communication, Amrut Mody School of Management for making us understand the subject well.