BUSN 101

Which of these is not one of the three elements of supply chain operations mentioned in the LinkedIn Learning video?

Branding

Which of the following is NOT one of the five key types of power?

Influential

An internal corporate-wide area network that uses internet technology to connect computers and link employees in many locations and with different types of computers is known as what?

Intranet

In the information technology world, VPN is an abbreviation for what?

Virtual Private Networks

The ratio of net profit to the number of shares of common stock outstanding is called the:

earnings per share

The primary goal of the financial manager is to:

maximize the value of the firm to its owners

The most important function of the Federal Reserve System is carrying out ______ policy.

monetary

The quantity of a product or service that businesses will make available at various prices is called: market potential

supply

Which of the following is the best example of a good?

the birthday candles you purchased to go on your sister's birthday cake

Which of the following is the best example of a service?

the pleasure you derive from seeing a good play

LinkedIn Learning Question: Fill in the blanks: Getting the right --- to the right---- at the right----

thing,place,time

Select all of the following types of production facility design.

Cellular Process Fixed Position Product

_____ stock is a security that represents an ownership interest in a corporation and has voting rights.

Common

_____ is the quantity of a good or service that people are willing to buy at various prices.

Demand

From an information technology perspective, data and information are the same thing.

False

True/False: Six Sigma is a quality control method that aims to have zero defects throughout the entire production process.

False

Wired Local Area Networks and "WANs" are the same thing.

False

Signal lights at a typical street intersection would best represent which functional area of a business?

Supply Chain Management

_____ planning is short-range, detailed planning that is based on long-range planning. It typically has a time frame that is less than one year long.

Tactical

Things of value owned by a firm are called its:

assets

The _____ summarizes an organization's financial status at the end of an accounting period.

balance sheet

Long-term debts (liabilities) for corporations and governments are called:

bonds

Current assets, such as marketable securities and inventory, usually are expected to be turned into cash within:

one year

Taco Bell fast-food restaurant does not chop the lettuce and tomatoes and grate the cheese used to make its menu items but hires someone outside the restaurant to perform these tasks. By ______ these tasks, Taco Bell can keep it's overhead low and concentrate its resources on taking customer orders and assembling food.

outsourcing

Dividends are:

payments to the shareholders from company earnings

Laws passed by the U.S. Congress concerning how U.S. businesses trade with Cuba would be an example of _____ factors that influence the business environment.

political and legal