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BUSN 115 Final Exam (All 3 Sets)
Question 1.1. (TCO 7) Some of the characteristics
of lean systems include which of the following?
(Points 5) Question 2.2. (TCO 7) Mass
customization means (Points 5) Question 3.3.
(TCO 8) One scarce item in the future will be
water. Which is the least expensive way to get
water from places of abundance to places of need?
(Points
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BUSN 115 Final Exam Set 1
Question 1.1. (TCO 7) Some of the characteristics
of lean systems include which of the following?
(Points 5) They take twice the human
effort. They have the same defects in the
finished product. They require half of
the engineering effort. They use half the
floor space for the same output. They
carry 50 more inventory. Question 2.2. (TCO 7)
Mass customization means (Points 5)
tailoring products to meet the needs of a large
number of individual customers. fewer and
fewer manufacturers are learning to customize
their products. manufacturing companies
may become service companies over time.
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BUSN 115 Final Exam Set 2
1. (TCO 1) A(n) _____ is a framework of how a
business intends to generate revenue. (Points
5) business model strategic
management tool profitability analysis
competitive advantage entrepreneurial
mindset Question 2.2. (TCO 1) People who stand
to gain or lose by the policies and activities of
a business and whose concerns the business needs
to address include which of the following?
(Points 5) Bankers Government
employees
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BUSN 115 Final Exam Set 3
1. (TCO 1) Describe the six major functional
areas in a business enterprise. (Points
25) Question 2.2. (TCO 2) Identify and discuss
the social responsibilities of Home Depot to
three different stakeholder groups. (Points 25)
Home Depot is one of the world's biggest home
improvement retailers in the United States,
Canada, and Puerto Rico. Home Depot stores strive
to serve both the professional contractors as
well as the casual home repairers. Question
3.3. (TCO 3) Identify and explain the incentives
for entrepreneurship. Address why someone would
willingly take the numerous risks associated with
running a Question 4.4. (TCO 4) Describe the
stages a consumer passes through when making a
purchase decision. Give examples of each stage.
(Points 25)
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BUSN 115 Week 1 DQ 1 Laws and Regulations
Laws and Regulations Do laws and regulations
always restrict or impede the efforts of business
professionals, or can they actually help
businesses? In addition to this, could you list
some examples of laws or regulations that may
have impeded business lately?
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BUSN 115 Week 1 DQ 2 Entrepreneurship Failure
The risk of failure is an inherent part of free
enterprise. Does society have an obligation to
come to the aid of entrepreneurs who try but
fail? Why or why not? Also, please discuss some
ways you can minimize your risk. Entrepreneurship
Failure
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BUSN 115 Week 1-7 All DQs
BUSN 115 Week 1 DQ 1 Laws and Regulations BUSN
115 Week 1 DQ 2 Entrepreneurship Failure BUSN 115
Week 2 DQ 1 Global Markets BUSN 115 Week 2 DQ
2 Corporate Social Responsibility (CSR) BUSN
115 Week 3 DQ 1 Starting a Business BUSN 115
Week 3 DQ 2 Early Adopters BUSN 115 Week 4 DQ
1 Purchasing Process
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BUSN 115 Week 2 DQ 1 Global Markets
Global Markets How can a company use licensing
agreements to enter world markets? What two
fundamental product strategies do companies
choose between when selling their products in the
global marketplace?
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BUSN 115 Week 2 DQ 2 Corporate Social
Responsibility (CSR)
Corporate Social Responsibility (CSR) Is it
ethical for companies to benefit from their
efforts to practice corporate social
responsibility? Why or why not? How can anyone be
sure that CSR efforts arent just public
relations ploys?
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BUSN 115 Week 2 Quiz
Question 1. Question (TCO 1) _____ is money
that an organization brings in through the sale
of its goods and services. Profit Revenue
Sales Capital investment Finance Question 2.
Question (TCO 1) Which of the following
statements is true regarding business mindset?
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BUSN 115 Week 3 Assignment LEMONADE STAND, PART I
(2 Papers)
This tutorial contains 2 Different Papers
Background As you have read about in our
lecture, we have used a lemonade stand to help us
understand some basic concepts of business. As
we pointed out, a lemonade stand has a simple
business structure yet, it can help us
understand almost every function of a firm such
as marketing, operations, finance, technology,
entrepreneurship and many other aspects. In our
two assignments in this course, you will own and
operate your very own lemonade stand as you apply
the knowledge you have learned from the course.
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BUSN 115 Week 3 DQ 1 Starting a Business
Starting a Business What are the advantages of
buying a business rather than starting one from
scratch? What are the advantages and
disadvantages of owning a franchise?
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BUSN 115 Week 3 DQ 2 Early Adopters
Early Adopters Do you consider yourself an
early adopter when it comes to trying out new
products or new fashions, or do you tend to take
a wait-and-see attitude? How does your attitude
toward new products and new ideas influence your
decision making as a consumer?
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BUSN 115 Week 4 DQ 1 Purchasing Process
Purchasing Process Think of a product you
recently purchased and review your decision
process. Why did you need or want that product?
How did the products marketing influence your
purchase decision? How did you investigate the
product before making your purchase decision? Did
you experience cognitive dissonance after your
decision?
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BUSN 115 Week 4 DQ 2 Advertising
Advertising Think about an advertisement (in
any medium) that had either a strongly positive
or strongly negative effect on your attitude
toward the product being advertised or the
advertiser itself. Why did the ad have this
effect? If you responded positively to the ad, do
you think you were being manipulated in any way?
If you responded negativelyand you are a
potential buyer of the product that was
advertisedwhat changes would you make to the ad
to make it more successful?
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BUSN 115 Week 4 Quiz
Question 1. Question (TCO 3) A small business
is defined as a company that _____. is newly
launched and has fewer than 100 shareholders
is dominant in its field and employs fewer than
1,500 employees has a revenue of less than
750,000 is independently owned and operated
and not dominant in its field is funded through
personal lines of credit and has fewer than 1,000
employees Question 2. Question (TCO 3) One of
the general characteristics of a small business
is that it typically sells fewer products _____.
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BUSN 115 Week 5 Assignment LEMONADE STAND, PART
II (2 Papers)
This tutorial contains 2 Papers/Tutorial
Background In part II of this assignment, we
continue to outline various business aspects of
our lemonade stand. As you continue to learn
new concepts in this course, you have seen how a
lemonade stand can help us understand and apply
these concepts. In Part II of your lemonade
stand we will incorporate concepts from previous
weeks and apply these to your newly created
company.
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BUSN 115 Week 5 DQ 1 Motivation Theories
Motivation Theories Chapter 7 discusses several
styles of leadership, including autocratic,
democratic, and laissez-faire. How do each of
these styles relate to Theory X and Theory Y
assumptions about workers?
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BUSN 115 Week 5 DQ 2 Benefit Choices
Benefit Choices When you begin interviewing as
you approach graduation, you will need to analyze
job offers that include a number of financial and
nonfinancial elements. Which of these aspects of
employment are your top three priorities a good
base wage bonus or commission opportunities,
profit-sharing potential rapid advancement
opportunities flexible work arrangements good
healthcare insurance coverage or a strong
retirement program? Which of these elements would
you be willing to forego in order to get your top
three?
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BUSN 115 Week 6 DQ 1 Supply-Chain Management
Supply-Chain Management How can supply-chain
management (SCM) help a company establish a
competitive advantage? What are ways that
companies can improve their supply chains?
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BUSN 115 Week 6 DQ 2 Technology Improvement
Technology Improvement Business is stalled.
Sales last month were 10 percent less than the
previous month and so far this month is looking
even worse than last month. Could technology help
you answer the decrease in sales? What
technologies could you deploy to increase sales?
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BUSN 115 Week 6 Quiz
Question 1. Question (TCO 5) A company whose
structure, policies, and capabilities allow
employees to respond quickly to customer needs
and changes in the business environment is termed
as a(n) _____. Student Answer agile
organization hyperspecialized organization formal
organization umbrella organization mechanistic
organization Question 2. Question (TCO 5) Which
of the following chain-of-command systems was
developed to address the need to combine
specialization with management control?
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BUSN 115 Week 7 DQ 1 Accounting Firm
Accounting Firm The senior partner of an
accounting firm is looking for ways to increase
the firms business. What other services besides
traditional accounting can the firm offer to its
clients? What new
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BUSN 115 Week 7 DQ 2 Financial Control
Financial Control The company you cofounded
last year is growing rapidly and has strong
prospects for an IPO in the next year or two. The
additional capital that an IPO could raise would
let you hire the brightest people in the industry
and continue to innovate with new product
research. There is one potential glitch You and
the rest of the executive team have been so
focused on launching the business that you
havent paid much attention to financial control.
Youve had plenty of funds from venture
capitalists and early sales, so working capital
hasnt been a problem, but an experienced CEO in
your industry recently told you that youll never
have a successful IPO unless you clean up the
financial side of the house. Your cofounders say
they are too busy
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BUSN 115 Course Experience Tradition /
busn115study.com
How do you think we build a future? I think we
build it by investing in our kids and investing
in education
For more Tutorials
Visit Now
www.busn115study.com