BADM FINAL EXAM test 3, BADM FINAL EXAM test 2, BADM FINAL EXAM test 1, BADM FINAL EXAM test 4

The largest U.S. supermarket chain by a revenue is xxx, who plans to double its digital sales and profit by 2023-- aided by automated grocery delivery sites

Kroger

The xxx curve is used to illustrate the argument that sometimes

Laffer

In one word name the Chinese company that wanted to be the Chinese equivalent of Starbucks and ended up fabricating its revenues and profits ("accounting chicanery")

Luckin

Call 475-5529 to get help from McNeese's SBDC. the SB stands for

Small business

SWOT (xxx, xxx, opportunities, and threats) analysis is a framework used to evaluate a company's competitive position and to develop a strategic plan. SWOT analysis assesses internal and external factors, as well as current and future potential

Strengths Weaknesses

China's working age population is:

decreasing

Some marketing experts sat customer satisfaction is just not enough. Marketers in many instances must strive for customer xxx.

delight

Simone Biles "new sponsor home" is Athleta (Gap)-- a company that she says closely reflects "her values" such as a commitment to xxx

diversity

The character wearing the white shirt and tie (no jacket) is xxx. For decades he has been the star of a popular eponymous comic strip. It's theme is the silliness of many highly-proclaimed management practices and theories -- like team-building exercises.

Dilbert

Will xxx (DLTR) be force by reality to change it's name?

Dollar Tree

Each selected participant to the Financial Literacy Program will be given $100 free money to open a xxx account while learning from professional financial advisors and experts

E*trade

Which of the following has the lowers per capita GDP?

South Sudan

Which country is not trying to cope with slowing population growth rates? (2)

South Sudan (2)

Three ways accountants make money are auditing, preparing tax returns, and xxx. In recent years, the third function has become more prominent

consulting

Kant's first formulation of the categorical imperative (moral rule) is: Act only according to that maxim by which you can at the same time will that is should become xxx law.

universal

The "pay equity" issue is about the fact women on average, according to The Wall Street Journal, earn only xxx cents to one dollar for men.

85

A. Capital Gains B. Individual income tax C. corporate income tax Currently, the US Congress and the US President seem ready to approve an increase in which of the above taxes?

A,B, and C

The well-to-do neighborhood of Nordelta in Tigre, xxx cannot keep out hordes of the worlds' largest rodent-- capybaras. The neighbors are split-- seeing the capybaras as vermin or seeing the capybaras as victim.

Argentina

xxx (provide symbol.) Beyond Meat, Inc. engages in the provision of plant-based meats. Its products include ready-to-cook meat under the brands The Beyond Burger and Beyond Sausage; and frozen meat namely Beyond Chicken Strips and Beyond Beef Crumbles. The company was founded by Ethan Walden Brown and Brent Taylor in 2009 and is headquartered in El Segundo, CA.

BYND

The USMCA replaced NAFTA. Both trade agreements included which countries besides the United States?

Canada Mexico

xxx is considering lifting childbirth restrictions after decades of limiting the number of children a woman can have-- so says one of our WSJ readings.

China

Tigray, in northern xxx, is close to experiencing sword, famine, and plague.

Ethiopia

What institution makes accounting rules in the US?

FASB

When corporate America talks the importance of "diversity", they usually are not meaning deep diversity such as beliefs and values-- like mixing Christians, Muslims, and atheists. Rather, they are talking about superficial diversity, namely XXX and XXX

race sex

A xxx law gives workers the freedom to choose whether or not to join a labor union in the workplace. This law also makes it optional for employees to in unionized workplaces to pay for union dues or other membership fees required for union representation, whether they are in the union or not. Louisiana is one of the states with such a law, and so it Tennessee.

right-to-work

According to SBA definitions, most businesses in the United States are xxx businesses, like Mr. Bern's shoe-repair shop in Manhattan.

small

According to the Gallup Poll cited in class, which institution has earned the higher trust of the population?

small business

is done by the CEO and Board of Directors and involves establishing/setting organizational goals, analyzing the competitive environment and internal strengths and weaknesses to formulate and execute a plan.

strategic management

Adele's "comeback" can be seen as forcing her to make several xxx decisions related to the much-changed competitive environment since her last hits

strategy

According to Nobel Prize winner Daniel Kahnemen, companies should use xxx interviews to improve their hiring process. This, says he, would reduce biases and other errors of human judgement.

structured

In the US, approximately xxx new businesses open each year, according to the SBA estimates

600,000

xxx balance-- the ongoing process of striking a balance between one's obligation to make a living and the other aspects or demands of family, leisure, church and personal-- seems to have become a greater challenge over the years. The negative effects can be burnout, stress, and health problems. Since these issues can have a significant effect on worker productivity and output, many progressive organizations are making it a top priority to address the issue

work-life

What is the population of the most populous country in the world? The third most populous country in the world?

1.4 billion -- 330 million

Should the boards of directors of NASDAQ companies "look like America" demographically? If so, according to the 2020 census numbers, the percent of Hispanic women on each NASDAQ board should be around xxx percent.

10

Recently the Fed imposed sweeping new personal-investing rules that apply to the system's xxx reserve band presidents.

12

According to WSJ, here's what CEO pay looked like in 2019, before the coronavirus pandemic sent the global economy, and the U.S. markets into free fall: Median Pay reached $xxx million for CEOs of the biggest US companies, setting a new record for the fifth year in a row

13.1

Start investing early in you working career. Your plan could help you reach a worth of $1,000,000 by investing $xxx a month for xxx years at xxx percent. Given the performance of stocks over the decades, this goal is not unreachable.

188 40 10

How many Fed bank presidents recently were discovered to have engaged in apparent conflict-of-interest stock purchases and sales and who have very recently discontinued their serve at the Fed?

2

With mortgage rates at historic lows, the nationwide median single-family existing-home sales price in the U.S. has risen to approximately xxx

360,000

The highest income tax bracket for 2021 is xxx%

37

How many companies are in the NASDAQ?

4000

A xxx plan is a retirement plan offered by many American employers that has a tac advantage for the saver. The employee who signs up agrees to have a percentage of each paycheck paid directly into an investment account. The employer may match part or all of that contribution. The employee gets to choose among a number of investment options, usually mutual funds.

401k

Perhaps contrary to popular beliefs about a corporation's profit after tax, the average is about xxx cents on a dollar's worth of sales. A good example of this is the "net margin" of Kroger that we observed in class.

5

The price of xxx, the Trump social media SPAC has soared recently to $71 from its start at around $10.

DWAC

The FASB is an independent nonprofit organization responsible for establishing accounting and financial reporting standards for companies and nonprofit organizations in the United States, following generally accepted accounting principles.

Financial Accounting Standards Board

The XXX (FASB) is an independent organization that sets accounting standards for companies and nonprofits in the United States

Financial Accounting Standards Board

In 1909, xxx published "The Principles of Scientific Management." In this, he proposed that by optimizing and simplifying jobs (the optimum shovel load, for example), productivity would increase. He also advanced the idea that workers and managers needed to cooperate with one another. He believed that it was the role and responsibility of manufacturing plant managers to determine the best way for the worker to do a job, and to provide the proper tools and training.

Frederick Taylor

Which description below best characterizes that usual budget of the United States federal government?

G > T

Robinhood brings stock trading to the "little person" -- free trades, gamified transactions, fractional shares-- just what college students need. Robinhood is a NASDAQ company with stock symbol xxx

HOOD

Which of the following would likely have the greatest degree of income inequality among its citizens-- the largest percent of its population with roughly equal income?

North Korea

Name that company in one word. xxx Corp. engages in the manufacturing of steel and steel products. The company uses the mini-mill technology which is cleaner and more efficient than traditional steel plant processing. The company has a plant in Convent, Louisiana.

Nucor

The separation of xxx and xxx is a feature of corporations that allows skilled leaders to conduct the complicated business of running a large company on behalf of others.

Ownership management

Which company has the highest market cap?

Tesla

Which set of corporations is likely to be the least "woke" regarding their actions or statement on controversial issues?

Tier 3 (as defined in BADM120 class)

For more than 70 years, xxx Co had a tight grip on the baseball-card market. Suddenly, within the last month the company has lost it's grip on that market in what appears to be a colossal strategic blunder-- the almost 100% reliance on one supplier of a fundamental resource.

Topps

At McNeese State University a student can major in art (or other liberal majors) and seek a minor in entrepreneurship-- a combination discussed in The Wall Street Journal.

True

Are people happy in their home countries? According to Gallup, 750 million people say they would like to move to another country if the had the opportunity-- the number one preferred destination country being XXX

United States

Which of the following has the LEAST top-down, command and control economy?

United States

Which country makes the highest grade on the BADM120 two-prong test of a) producing the greatest wealth for its citizens while b) preserving the greatest level of individual liberty (2)

United States (2)

Human rights groups believe China has detained more than one million xxx. against their will over the past few years in a large network of what the state calls "re-education camps", sentenced hundred of thousands to prison terms, in addition to confiscating the wealth and property of some of the wealthy among the group.

Uyghurs

Many observers and experts outside China say that China is subjecting the xxx ( a Muslim minority in northwest China ) to forced labor, internment camps, political indoctrination, and constant surveillance. Recently, China forced the shutdown of Verite-- a nonprofit group that audits labor practices.

Uyghurs

xxx Inc shares rose on their first day of trading Thursday, capping a journey to a listing that included the implosion of its initial public offering in 2019 and the ouster of its co-founder and chief executive, Adam Neumann.

WeWork

Which of the following is not a category mentioned in the Civil Rights Act of 1964?

age

Data xxx is important because it helps businesses optimize their performances. Implementing it into the business model means companies can help reduce costs by identifying more efficient ways of doing business and by storing large amounts of data. A company can also make better business decisions about customer trends and satisfaction, which can lead to new-- and better-- products and services.

analytics

xxx is a big deal even in sports. How did the Baltimore Ravens decide that a fourth-down run by quarterback Lamar Jackson would be successful?

analytics

In the US, the employment arrangement is known as XXX employment. It refers to a working environment in which employers are free to terminate employees at any time, without cause, explanation or prior warning, provided it does not violate state and federal anti-discrimination laws. Similarly, employees can quit a job at any time without reason or notice.

at-will

A xxx is a nationally recognized, well-established, and financially sound company. They generally sell high-quality, widely accepted products and services. They are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth

blue chip

In the business world, the size of companies is often measured by "market cap." The "cap" part stands for xxx, the value of its shares outstanding.

capitalization

The C in C+I+G+NX stands for xxx

consumer spending

To engage in xxx (CSR) means that, in the ordinary course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to them.

corporate social responsibility

A --- (COLA) is an increase made to Social Security income to counteract the effects of inflation. The COLA for 2022 is 5.9%. So if someone received 10,000 in Social Security benefits in 2021, their benefits for 2022 year would be $10,590.1

cost-of-living adjustment

Karen's Dairy Grove, an ice cream shop outside of Cleveland, Ohio, charges an extra quarter when customers use a xxx for payment of less than $5 -- a move by small businesses to offset various fees

credit card

A XXX is the distribution of some company's earnings to a class of its shareholders, as determined by the company's board of directors. Common shareholders are typically eligible as long as they own the stock before a certain date. Companies are not required to pay, but some have the reputation of being among the best payers.

dividend

xxx is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability. It is common for a company to report EPS. The higher the company's EPS, the more profitable it is considered to be.

earnings per share

is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources.

economics

The process of creating and running a business, bearing more of the risks and enjoying most of the rewards is known as xxx.

entrepreneurship

fairly new in marketing in recent years is the emphasis on customer xxx. This can be seen in the autonomous taxi efforts of Hyundai, Motional, and Lyft to emphasize this.

experience

According to management expert Adam grant, the fastest rising job priority in the US is XXX

flexibility

In the US, businesses are required to prepare their financial statements according to GAAP. What is GAAP?

generally accepted accounting principles

The conclusion from many studies of interpersonal trust is that for Person A to trust Person B, A must perceive in B three characteristics: competence- perception by A that B knows what he is talking about reliability- perception by A that B means what he says and says what he means XXX- perception by A that B has A's best interest at heart

good intentions

Which word or phrase most accurately describes Tennessee's deal with Ford?

incentives

A XXX director or board member is defined as someone who does not have a material or pecuniary (money) relationship with the company either directly or through one of the company's partners, shareholders, or management members, except for the fees it gets from being a board member

independent

According to Fed Chairman Jerome Powell, XXX and XXX (economic measures) are not usually high at the same time, but right now both are high.

inflation unemployment

Unlike land, buildings, or vehicles, an xxx asset is an asset that is not physical in nature. Goodwill, brand recognition, and intellectual property, such as patents, trademarks, and copyrights, are all examples.

intangible

Currently in the U.S., companies are competing for a shrunken pool of workers, too. The XXX -the share of adults holding or actively seeking jobs- was 63.4% in January 2020, before plummeting with the arrival of the pandemic, and has only recovered to 61.6%

labor force participation rate

A xxx is a pre-arranges borrowing limit that can be tapped into at any time by a company. The borrower can take money out as needed until the limit is reached, and as money is repaid, it can be borrowed again. It is an arrangement between a financial institution --usually a bank-- and a client that establishes the maximum loan amount the customer can borrow. The borrower can access funds from the line of credit at any time as long as they do not exceed the maximum set in the agreement.

line of credit

xxx is a part of an xxx. One term is about the connection from one node to the next in the process. the other is a series of sequential nodes or points connected to one another. One focuses on transporting goods while the other focuses on finished product and/or customers

logistics supply chain

According to our WSJ reading about Waffle House, a xxx job can be exciting, challenging, and monetarily rewarding.

management

The action or business of promoting and selling products or services, including market research and advertising is xxx.

marketing

US Supreme Court Justice John Roberts said, "The Way to stop discrimination on the basis of race is to stop discriminating on the basis of race." Justice Roberts would probably recommend hiring decision based on one's xxx, not on the basis of achieving a "diversity" goal.

merit

A XXX is a system, organization, or a society in which people are chosen and moved into positions of success, power, and influence on the basis of their demonstrated abilities, skills, and qualifications--- not on the basis of ordinarily irrelevant characteristics such as wealth, connection, or physical characteristics

meritocracy

Studies of successful entrepreneurs have shown that they are characterized as:

more risk-tolerant than the average person

According to Immanuel Kant, to act ethically and worthily one must be motivated by dutiful obedience to XXX

objective moral law

xxx is administrations of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization

operations management

Complete the famous quote by former British Prime Minister Margaret Thatcher. "The problem with socialism is that eventually you run out of XXX

other people's money

WRBY "went public" on September 29, 2021. Did you notice? It is trading around $50 per share. We read a WSJ article about a significant change WRBY is making in the upcoming months. This change related to which the four Ps of marketing?

place

Part of top management's job is to monitor the external environment of the organization to see potential threats and opportunities. Which of the following appears to be an imminent set of threats to Uber, Grubhub, and DoorDash in some big cities?

political and legal factors

A xxx company-- also called a publicly traded company-- is a corporation whose shareholders have a claim to part of the company's assets and profits. Through the free trade of shares of stock on stock exchanges, ownership is distributed among many shareholders.

public

In advertising, we think of --- as an obvious statement of opinion by an advertiser, that is not provable or disprovable, and that is so subjective or exaggerated that no consumer would rely on it when making a purchasing decision

puffery

Robinhood is launching a campaign of college campus visits. Robinhood is appealing to a group of people with some shared characteristics that the company has identified as potential customers for its products. In marketing terms this group is known as a xxx market, and in Robinhood's case it is different that other brokerage companies.

target