P.b.

Contractual agreement such as guarantees, sir ready bonds, and leases are examples of handling business risks through

Prevention or control

Which of the following will foster a business is ability to adapt to changing market

Proactive management

And advantage to a business of filling chapter 11 bankruptcy is that the process allows the business to

Re-organize

A student purchased a laptop to use for homework assignments. And economic terms this computer would be classified as an

Consumer good

Managing information regarding copyrights and trademarks Helps the company preserve its what

Correspondence

Which of the following is a benefit of international trade

Higher prices for goods and services

One of the benefits of production to consumers is the production

Provides a way to earn profits

Operations manager is have two main goals in mind efficiency and on

Effectiveness

Companies that operate at the international level should be aware of political factors that affect trade, such as civil on interest or

Embargoes

What is the government doing what it buys weed to keep the price high enough for farmers to make a profit

Encouraging the product of wheat

After a companies training needs are determined what is the next step in training and development

Managing employee performances

What role does utility play and the implementation of the marketing concept

A satisfaction Gage

Which of the following is a key component of managing working capital

Cash conversion cycle

Businesses that successfully add up to current market situation is off to realize that

Changes an opportunity

Which of the following is a reason that the US company would decide to offer its products in other countries

Expand to new untapped markets

A manager studies the businesses previous sales statistics as well as the sales forecast before making purchasing decisions what type of resource is managing using

Financial

According to the market concept, which option demonstrate's customer orientation?

Finding out what the buyer wants

Which of the following are qualities of monopolies

Hi prices and low production

ABC specialty where is the only company that has written permission to use the national football teams logo on it sportswear this is next sample of

Licensing agreement

Overall what does marketing allow us to do

Live our daily lives

Formal relationships and a distinctive chain of command are heuristics of the

Mechanistic organizational business structure

When meeting was business people from other countries, it is important to understand social differences, such as Ballin, handshaking, and special comfort, which are often called

Nonverbal cues

Which of the following demonstrates the interrelationships among primary business activities

One business activity changes so the others must adjust in response

What management function is being described in the phone situation David Thomas a top-level manager identifies jobs to be performed a Psion's responsibility for them establishes departments to handle the job and determines how many and which employees mid-level managers will supervise

Organizing

One way the technological innovations has changed business and is by decreasing the use of

Paper forms

Government owns the basic means of production but there is some private ownership of business under

Socialism

Which change provides the most time utility for consumer

Staying open for business on the weekend

One reason the businesses use a matrix organization L design is to

Sure human resources

An important factor that has a significant effect on the general businesses environment is

Technology

Which of the following situations would most likely indicates a need to adapt to changes in the business environment

The supply of materials used in manufacturing a product has decreased

Lock of economic girls is a major problem for

Traditional economic systems

In a communist command economy who decides how the economic questions will be answered

Venture team