BUS 475 | BUS 475 Capstone Final Examination Part 1 Answers Studentwhiz

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BUS 475 Capstone Final Examination Part 1
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• 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
• 2. 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
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• 3. 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.

• 4. is the process of converting meaning into
  messages composed of words and nonverbal signals.
• Translating
• Decoding
• Encoding
• Filtering

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• 5. 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 Sams decisions follow?
• Consequentialism
• Utilitarianism
• Relativism
• Egoism
• 6. The depreciation of currency will
• improve a countrys comparative advantage.
• worsen a countrys comparative advantage.
• balance a trade surplus.
• have no impact on a countrys comparative
  advantage.
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• 7 . 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
• 8. 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 lt 30, the sampling
  distribution of the sample mean is normally
  distributed.
• For a sample size n gt 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 lt 50, the sampling
  distribution of the sample mean is normally
  distributed.

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• 9. 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
• 10. 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
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• 11. 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 Annies
  attributions exemplify?
• Self-deception bias
• Belief bias
• In-group bias
• Hindsight bias
• 12. 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
  adversarys 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.

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• 13. 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
• 14. 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
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• 15. ?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.
• 16. 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 an unscheduled drug test will be conducted
  for all employees.

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• 17. 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
  doesnt care. Alexs music playing is an example
  of
• positive externality
• normative externality
• negative externality
• Pareto externality
• 18. According to the Ajzen model, the strongest
  predictor of an employees behavior
  is/are__________.
• social norms
• the employees values
• the employees attitudes
• the employees intentions

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• 19. The interdisciplinary field dedicated to
  understanding and managing people at work is
  called
• management dynamics
• management theory
• organizational behavior
• organizational dynamics
• 20. 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.

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• 21. ?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
• 22. ?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.
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• 21. ?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
• 22. ?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.

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• 23. 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.
• 24. Joyce finds that the members of the project
  team to which she has been assignment in her
  management class are all athletes on the
  colleges 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

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• 25. ?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.
• 26. ?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

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• 27. 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
• 28. Advertising, personal selling, sales
  promotion, public relations, and direct marketing
  are marketing communications alternatives that
  make up a firms __________
• promotional mix
• communication source
• marketing mix
• media strategy
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• 29. 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
• 30. 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

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• 31. In order to summarize qualitative data, a
  useful tool is a____________.
• scattergram
• stem-and-leaf diagram
• frequency distribution
• histogram
• 32. 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 marketplaceearly growth,
  accelerated development, maturity, and decline
• a concept that describes the stages a new product
  goes through from product concept to
  commercialization
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• 33. ?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
• 34. 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. ?

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