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


1
BUS 475 Capstone Final Examination Part 1
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2
  • 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
  • Find the new final exam answers sheet here click
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    Answers

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3
  • 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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4
  • 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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5
  • 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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6
  • 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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7
  • 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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8
  • 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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9
  • 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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10
  • 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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11
  • 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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12
  • 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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13
  • 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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14
  • 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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15
  • 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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16
  • 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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17
  • 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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18
  • 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
  • Find the quiz answers here-bus 475 sample final
    exam answers

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19
  • 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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20
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