BUSINESS FINAL EXAM REVIEW

All of these

Companies that use blogs in their promotions use them because they: A. Create and maintain relationships. B. Can have a dialogue with their clients and prospects. C. Get input from customers and prospects. D.Can focus on specific marketing goals E. All of these

database mangement systems

Customer records containing names, addresses, phone numbers and purchase histories would be most likely stored in?

Intranet

Duke energy saves 1.6 billion per year by using its private corporate network that links its 340,000 employees . Another name for this network is what?

Depository and non-depository

Financial institutions can be divided into two broad categories what are they?

1 year

Fixed assets are property and buildings that affirm it expects to use for more than:

Distribution

George Macklemore works in the warehouse for a manufacturer of air purification systems. He is responsible for the transportation and metal components performed plastic, etc. used to manufacture the systems as well as the efficient movement of the finish systems. He is involved in:

Scarcity

Grass, dirt, and rubber bands will not make good mediums of exchange because they lack the key characteristic of:

Gross profit

Happy Baby Boutique makes children and baby clothes. Assume the company had $50,000 in net sales. Cost of goods was $28,000 . On an income statement the remaining $22,000 is known as the ?

Economic growth

How would you correctly refer to the increase of the output of goods and services in Kyrgyzstan after being told that it is increased by 11% in 2017?

Bankers Bank

In its role as lender to member Banks, the federal reserve is called?

A large number of sellers producing nearly identical products.

In perfect competition, there is :

Depreciation

Is the company's ability to expense fixed assets over their useful life.

natural resources

James Thompson owns 300 acres of trees. Which Factor of production is his woods

Agent

Jasmine Abercrombie's job in the entertainment industry is to bring together entertainers and organizations looking to higher entertainers. Abercrombie is at as a

Data Warehouse

United Kingdom health insurance commission processes, 300 million health claims and makes annual payments of 8 billion payments to clients. The company would store all of its more than 3 GB of information in a________?

Connect two or more private networks using a public network

Virtual Private Networks (VPNs):

Publicity

Went under Armour donated $50,000 to a low income area to provide job training it received free and positive __________ in the news media .

Reserve requirements, discount rate, and open market operations

What are the three principle tools of the federal reserve system?

In store and non store

What are the two types of retailing?

Credit Union

What is a nonprofit member owned financial cooperative?

Closing the sale

What is the sales person doing when after his presentation is over, he asked "may I call the company and place your order for 20 cases of Nike basketball shorts"?

Increase the amount and frequency in use

Which goal are airlines trying to achieve when they use frequent flyer programs which give customers points that can be redeemed for free travel, rental cars, and other merchandise?

manufacturer's representative

Which is NOT a type of retailer?

Government Control

Which is a Key element of socialism?

Capitalism

Which is the key element of individual ownership of property?

Taxation and spending

Which of the following are related most to fiscal policy ?

A used book store

Which of the following business provides its customers with a good?

The advice from a professional organizer

Which of the following is NOT an example of a good that would be sold in a department store?

All of the above

Which of the following is an example of a business? A. Amazon B. Deacon Jones Toyota C. Birds nest baby boutique D. Law offices of James Scott Farrin E. All of the above

Foreign banks are subject to fewer regulations than US banks.

Which statement best describes about international banking?

retained earnings

Which term equals the total profits of a company minus all dividends to stockholders?

Disturbing currency

Which term is an activity performed by the federal reserve system as it carries out its monetary policy?

Reach

_____ is the number of different target consumers who are exposed to a commercial at least once during a specific period, usually 4 weeks

Wholesalers

______ are distribution channel members that buy finish products from manufacturers and sell them to retailers.

Financial accounting , managerial accounting

________ deals with reporting to outsiders. ________ accounting deals with internal operations of the firm.

Knowledge

______________ management focuses on gathering and sharing in organizations collective knowledge to improve productivity and foster innovation.

Management information system

A ______ is a collective term that describes the methods and the equipment used to provide information about all aspects of a firms operation.

Expert

A _______ system is a management support system that uses artificial intelligent to enable computers to reason and learn to solve problems and much the same way as humans do.

Grid Computing

A company that needs access to high-end computing resources periodically but has little money to spend on such a project can use:

Computer virus

A computer program that copies itself into another software and can spread to other computer systems

Personal Selling

A face-to-face sales presentation of a good or service to a prospective customer is called?

Local Area Network

A network that connects computers at one site is called

Data Market

Abercrombie And Finch maintains a large data warehouse in which she keeps track of inventory buying patterns and regional differences and examination of information from a data warehouse subset that contain data from San Francisco California storage showed that for everyone blue polo purchased 10 black polos were purchased the subset is referred to as?

Private Accountants

Accountants employed within organizations are called ?

In any of the media

Advertising can be found : A. Radio B. TV C. Direct mail D. In any of the media E. Billboards

Strategic Partnership

Another name for a strategic alliance is ?

Public Accountants

Are independent accountants who serve organizations and individuals on the fee basis

Public Relations

Nature Conservancy magazine brought some of the nature to Washington as a part of a month. Long experiments promoting the magazines October 2022 cover story on national parts the magazine hosting interactive photography exhibit which celebrated national parts invitations to representatives of the news media were in attempt to use which element of the promotional mix.

general and administrative expenses

On an income statement, expenses, such as professional salaries, utilities, office, supplies, rent and insurance are called______

Merchant

Petsmart purchases pet grooming supplies from various manufacturers. They sort and resell them to retailers. Petsmart is a ________ wholesaler.

Riley McCain was recently let go from her retail job at a popular department store. She is laid off after the Christmas season is over. The company will hire her back later in the year. Riley is a good example of __________ employment.

Seasonal Employment

pure monopoly

South River EMC supplies all of the electricity to Autryville, Nc. SREMC is an example of:

Relationship Management

Starbucks has a program. Starbucks Rewards, where the more stars customers can earn , the more rewards they get. What kind of program does this portray to be?

Restricts the types of non-Audit services auditors can provide clients

The Sarbanes-Oxkey Act:

Inflation rate

The _______ represents the prices of a market basket of goods and services as measured monthly by the Department of Labor.

Product placement

The brand name Maybelline appeared in a young adult novel called Sarah's book. One sentence in the book reads a killer coat of lipsticks , a line of Maybelline glosses. Proctor and gamble prompted this novel . This is an example of

Digital Forensics

The idea behind _______ is the need that criminal investigators have for examining evidence on computer hard drives such as an emails or databases in order to build cases against embezzlers and others

Cumulative total of past national debts

The national Debt is the:

Make Home mortgage loans

Thrift institutions were formed specifically to encourage household savings and to do what?

General accepted accounting principles

To ensure accuracy, inconsistency in the way, financial information is reported, accountants follow rules known as: