Bus 475 Capstone Final Exam 2016 Part 1
Complete
course guide available here – http://class-tutor.com/doc/bus-475/bus-475-capstone-final-exam-2016-part-1/
HOMEWORK
Description
Bus 475 Capstone Final Exam 2016 Part 1
Bus 475 Capstone Final Exam 2016 Part 1
Bus 475 Capstone Final Exam 2016 Part 1
Bus 475 Capstone Final Exam 2016 Part 1
If a population is known to be normally distributed, what can be said of
the sample distribution of the sample mean drawn from this population?
§
For a sample size n < 30, the
sampling distribution of the sample mean is normally distributed.
§
For a sample size n > 30, the
sampling distribution of the sample mean is normally distributed.
§
For any sample size n, the sampling
distribution of the sample mean is normally distributed.
§
For a sample size n < 50, the
sampling distribution of the sample mean is normally distributed.
Sam, a marketing manager, often makes ethical decisions based on what
others feel about those decisions. He often considers opinions from other
managers and employees. Which of the following ethical systems do
Sam’s decisions follow?
§ Consequentialism
§ Utilitarianism
§ Relativism
§ Egoism
Which of the following is typically included in the drafting stage of
writing an effective business message?
§
Setting a positive and other-oriented
tone
§
Sending the message to be proofread
§ Double-checking
everything
§
Identifying the primary message and key
points
Bus 475 Capstone Final Exam 2016 Part 1
Bus 475 Capstone Final Exam 2016 Part 1
Bus 475 Capstone Final Exam 2016 Part 1
Marketing refers to__________.
§
the activity for creating,
communicating, delivering, and exchanging offerings that benefit its customers,
the organization, its stakeholders, and society at large
§
the process of identifying target market
segments for a product or service
§
the activity involved in getting a
product or service from the manufacturer to ultimate consumers and
organizational buyers
§
the production of products or services
that will generate the highest return on investment
Lori is using secondary research to develop a business report. How can
she write her report in a way that demonstrates originality in thought?
§ Cite all her
research sources
§
Use the most current documentation
guidelines
§ Generate her own
conclusions and recommendations
§ Adopt a methodical
approach to decision making
Annie, an employee who often attributes her team failures to bad
luck, attributes other teams’ failures to personal shortcomings. Which of the
following cognitive biases do Annie’s attributions exemplify?
§ Self-deception bias
§ Belief bias
§ In-group bias
§ Hindsight bias
When does the straw man fallacy occur?
§ When a person tries
to disprove a claim based on its source.
§ When a person
falsifies or overstates an adversary’s position.
§ When a person
considers only 2 alternatives even when other options are available.
§ When a decision
maker dismisses an alternative that fails to solve the issue completely.
Which of the following types of unemployment is considered to be
the most controllable through demand-side macroeconomic policy?
§ Cyclical
unemployment
§ Natural unemployment
§ Structural
unemployment
§ Frictional
unemployment
Microeconomics and macroeconomics are:
§ Interrelated because
both are often taught by the same instructors
§ Interrelated because
what happens in the economy as a whole is based on individual decisions
§ Virtually identical,
though one is much more difficult than the other
§ Not related because
they are taught separately
Article 6 of the Treaty on European Union called the Maastricht
Treaty states the EU is “founded” on:
§ specific performance
§ stare decisis
§ private markets
§ rule of law
Which of the following is the path through
which contractionary monetary policy works?
§ Money down implies
interest rate up implies investment up implies income down
§ Money down implies
interest rate up implies investment down implies income down
§ Money down implies
interest rate down implies investment down implies income down
§ Money down implies
interest rate down implies investment up implies income down
The depreciation of currency will:
§ improve a country’s
comparative advantage.
§ worsen a country’s
comparative advantage.
§ balance a trade
surplus.
§ have no impact on a
country’s comparative advantage.
Marketing research refers to__________.
§ The use of
information technology to find objective solutions to a marketing problem
§ the process of
systematically collecting and analyzing information in order to define a
marketing problem
§ the process of defining
a marketing problem and opportunity, systematically collecting and analyzing
information, and recommending actions
§ the science of using
observable human behavior in order to identify and solve marketing problems
_____ is the process of converting meaning into messages
composed of words and nonverbal signals.
§ Translating
§ Decoding
§ Encoding
§ Filtering
Federal law and business leaders alike favor ____________ as a
means of governing private business ethics.
§ Self-regulation by
companies
§ Establishment of federal
regulators in all private companies to establish and enforce ethical standards.
§ Giving the federal
government exclusive jurisdiction regarding ethics and ethics violation
enforcement.
§ Creating uniform
statutes of business ethics.
Which of the following statements is true of the WARN Act?
§ It requires
employers to give notice to an “at will” employee that he/she is being fired.
§ It requires
employers to give notice of a scheduled mass layoff.
§ It requires
employers to give notice to employees that they are being subjected to
polygraph tests.
§ It requires
employers to give notice to employees that an unscheduled drug test will be
conducted for all employees.
Bus 475 Capstone Final Exam 2016 Part 1
Bus 475 Capstone Final Exam 2016 Part 1
Bus 475 Capstone Final Exam 2016 Part 1
According to the Ajzen model, the strongest predictor of an
employee’s behavior is/are__________.
§ social norms
§ the employee’s
values
§ the employee’s
attitudes
§ the employee’s
intentions
The interdisciplinary field dedicated to understanding and
managing people at work is called:
§ management dynamics
§ management theory
§ organizational
behavior
§ organizational
dynamics
Regarding using personality testing as part of the hiring
process, experts have concluded that:
§ There are many valid
instruments available to managers to test for personality types.
§ Only the Big Five
should be used as predictors of job performance.
§ The typical
personality test is not a valid predictor of job performance.
§ The effects of
personality on job performance are so large it cannot be ignored by managers.
In the context of developing persuasive messages, which of the
following is most likely to help you demonstrate a voice of competence?
§ focusing only on
logical appeals
§ using only emotional
appeals in your persuasive messages
§ developing strong
ideas in the interest of your audience
§ adopting the tone of
mass advertising such as over-the-top appeals
Identify an example of spontaneous creativity.
§ Settling a
disagreement quickly in a simple way.
§ Modifying the
strategies and procedures of a group.
§ Establishing win-win
relationships with other people.
§ Organizing annual
meetings and get-togethers innovatively.
Alex is playing his music at full volume in his dorm room. The
other people living on his floor found this to be a nuisance, but Alex doesn’t
care. Alex’s music playing is an example of:
§ positive externality
§ normative
externality
§ negative externality
§ Pareto externality
Which of the following is useful advice on conducting business
across cultures with those who have limited English ability?
§ Speak at your
normal, regular pace instead of speaking slowly as this may be viewed as
disrespectful.
§ Determine a person’s
level of communication proficiency within the first few moments of your
interactions with them.
§ Use slang and jargon
instead of literal language as much as possible.
§ Allow those with
limited English ability enough time to process their thoughts into English.
Joyce finds that the members of the project team to which she
has been assignment in her management class are all athletes on the college’s
football and basketball teams. She immediately considers dropping
the class because she thinks her experience with that team will be
negative. Joyce is likely reacting to a__________.
§ semantic memory
§ negativity bias
§ stereotype
§ self-serving bias
According to the Classical growth model, an economy that
increases its saving will grow:
§ Quickly since the
increase in saving will permit more rapid technological progress.
§ Slowly because
interest rates will fall, causing investment to decline.
§ Slowly because
consumption and aggregate demand will be reduced.
§ Quickly since the
increase in saving will permit greater investment.
Bus 475 Capstone Final Exam 2016
Part 1
Bus 475 Capstone Final Exam 2016
Part 1
Bus 475 Capstone Final Exam 2016
Part 1
The distinction between flexible and fixed individual
differences__________.
§ is that managers
should hire people based on their attitudes and emotions
§ is that managers
have little or no impact on fixed differences
§ has no practical
value for managers
§ is that managers
have little or no impact on flexible differences
Advertising, personal selling, sales promotion, public
relations, and direct marketing are marketing communications alternatives that
make up a firm’s __________.
§ promotional mix
§ communication source
§ marketing mix
§ media strategy
What is the main drawback to the Negotiation & Agreement
strategy for overcoming resistance to change?
§ ineffective
§ too expensive if
others decide to also negotiation for compliance
§ leads to future
problems if people feel manipulated
§ time-consuming
Your résumé should tell a story of______.
§ everything you have
learned and done in your previous job
§ the value you can
provide to a company
§ Your educational
accomplishments
§ how you plan to
improve your areas of weakness
A receptive developmental network is__________
.made up of weak ties to multiple developers from a variety of
social systems
§ made up of numerous
strong ties to developers from one social system
§ made up of strong
ties to several developers from four different social systems
§ made up of a few
weak ties from one social system
What is true of the features used to judge a person’s
credibility?
§ Mannerisms and age
are two valid features that can be used to judge a person’s credibility.
§ Well-educated individuals
can be highly relied upon as guides to ethical values.
§ Ethnicity, gender,
and accent are inapt characteristics for judging credibility.
§ Individuals can
accurately determine a person’s credibility based on physical characteristics.
Identify the statement that accurately describes the
Sarbanes-Oxley Act.
§ It requires business
to have only company insiders as board directors.
§ Unlike other Acts,
its violations do not result in fines or prosecutions.
§ Complying with the
act saves time and money, but deteriorates efficiency.
§ It was passed to
promote business ethics by creating legal requirements.
Which of the following can be represented by a discrete random
variable?
§ the circumference of
a randomly generated circle
§ The number of
defective lightbulbs in a sample of five
§ The average distance
achieved in a series of long jumps
§ The time of a flight
between Chicago and New York
Suppose that college tuition is higher this year than last and
that more students are enrolled in college this year than last year. Based
on this information, we can best conclude that:
§ despite the increase
in price, quantity demanded rose due to some other factors changing.
§ this situation has
nothing to do with the law of demand.
§ the demand for a
college education is positively sloped.
§ the law of demand is
invalid.
Frequent, abusive, threatening phone calls by creditors are most
likely to provoke the basis for a claim of _____________.
§ misrepresentation
§ malicious
representation
§ intentional
infliction of emotional distress
§ false imprisonment
and malicious prosecution
A 911 emergency response service needs operators who are
bilingual in English and Spanish. A few applicants of Spanish origin are
rejected due to poor English-speaking skills. They file a complaint on the
grounds of discrimination based on nationality. Their complaint is squashed.
Here, the defense of the federal government is on the grounds of:
§ Circumstantial
evidence
§ Inculpatory evidence
§ Exclusionary rule
§ Bona fide
occupational qualifications
In order to focus your presentation on people, you
should______.
§ avoid using
presentation software or other technology
§ use a lot of “I”
statements
§ make individuals and
groups the subject of your sentences
§ include as many
photographs as possible in your slides
In order to summarize qualitative data, a useful tool is
a____________.
§ scattergram
§ stem-and-leaf
diagram
§ frequency
distribution
§ histogram
The product life cycle refers to __________.
§ a concept that
describes the stages a product goes through in the marketplace — introduction,
growth, maturity, and decline
§ the average life
span of a product
§ a concept that
describes the stages a product goes through in the marketplace—early growth,
accelerated development, maturity, and decline
§ a concept that
describes the stages a new product goes through from product concept to
commercialization
The study of similarities and differences among consumers in two
or more nations or societies is referred to as __________.
§ cross-cultural
analysis
§ international
sociographics
§ market synthesis
§ transnational
anthropology
Other things held constant in a competitive labor market, if
workers negotiate a contract in which the employer agrees to pay an hourly wage
of $17.85 while the market equilibrium hour rate is $16.50, the:
§ Quantity of workers
supplied will exceed the quantity of workers demanded.
§ Quantity of workers
demanded will exceed the quantity of workers supplied.
§ Supply of labor will
decrease until the equilibrium wage rate is $17.85.
§ Demand for labor
will increase until the equilibrium wage rate is $17.85.
In which of the following situations is a budget surplus most
likely to occur?
§ When fiscal policy
is expansionary and the economy is contracting
§ When fiscal policy
is contractionary and the economy is expanding
§ When fiscal policy
is expansionary
§ When the economy is
contracting
How many parameters are needed to fully describe any normal
distribution?
§ 1
§ 3
§ 2
§ 4
Fred takes Betty to dinner at a very expensive and exclusive
restaurant. The menu does not mention prices. The server takes their order, and
both Betty and Fred enjoyed the meal immensely. When the bill comes, Fred
refuses to pay because the menu had no prices and because he and the server
never engaged in language indicating an offer and acceptance. The server said,
“Are you ready to order?” and when Fred said “Yes,” the server merely asked,
“What may I get you tonight?”
§ Fred must pay based
on a promissory estoppel theory.
§ Fred must pay based
on expressed contract theory.
§ Fred is correct
because no contract was formed.
§ Fred must pay based
on an implied-in-fact contract theory.
The DeBeers company is a profit-maximizing monopolist that
exercises monopoly power in the distribution of diamonds. If the company earns
positive economic profits this year, the price of diamonds will:
§ Be equal to the
average total cost of diamonds.
§ Exceed the marginal
cost of diamonds but equal to the average total cost of diamonds.
§ Be equal to the
marginal cost of diamonds.
§ Exceed both the
marginal cost and the average total cost of diamonds
Jay stops at the shopping mall to purchase a new pair of jeans
from the Diesel store. He is the ultimate consumer in a pipeline
from the producer through intermediaries, including the clothing
store. This pipeline is actually a__________.
§ marketing tunnel
§ consumer market
§ marketing channel
§ distribution matrix
A monopoly firm is different from a perfectly competitive firm
in that:
§ A monopolist’s
demand curve is perfectly inelastic whereas a perfectly competitive firm’s
demand curve is perfectly elastic.
§ A monopolist can
influence market price whereas a perfectly competitive firm cannot.
§ A competitive firm
has a u-shaped average cost curve whereas a monopolist does not.
§ There are many
substitutes for a monopolist’s product whereas there are no substitutes for a
competitive firm’s product.
When two regression models applied on the same data set have the
same response variable but a different number of explanatory variables, the
model that would evidently provide the better fit is the one with
a__________.
§ higher coefficient
of determination and a lower adjusted coefficient of determination
§ lower standard error
of the estimate and a higher adjusted coefficient of determination
§ higher standard of
error of the estimate and a higher coefficient of determination
§ lower standard error
of the estimate and a higher coefficient of determination
Suppose farmers can use their land to grown either wheat or
corn. The law of supply predicts that an increase in the market price of wheat
will cause:
§ farmers to lower the
production of corn and wheat.
§ farmers to
substitute wheat for the production of corn.
§ farmers to
substitute corn for the production of wheat.
§ farmers to raise the
production of corn and wheat.
Under the regulations of interstate commerce:
§ Activities affecting
interstate commerce do not come under the power of the deferral government.
§ Intrastate
activities affecting interstate commerce can be regulated only by the state
governments.
§ Regulation on any
activity is appropriate if it aids interstate commerce.
§
The states have the exclusive power to
commerce that passes that passes across their lines.
Комментариев нет:
Отправить комментарий