Description : From the point of view of international business, an organization that enjoys competitive advantage in an industry has done so by: A. Focusing on long-term profit. B. Charging lower prices than competition. C. Creating superior value for customers. D. Constantly enlarging its marketing activities.
Last Answer : Creating superior value for customers.
Description : _______is the primary motive for a business enterprise. A. Profit. B. Maximize customers. C. Human objective. D. Maximize suppliers.
Last Answer : A. Profit.
Description : What is a good solid business in todays world?
Last Answer : Lying.~
Description : In capitalism ____ losses assumed by the customers. A. economics. B. technological. C. natural. D. social.
Last Answer : B. technological.
Description : In this growth strategy, the company would seek new products that have marketing or technological synergies with existing product lines appealing to a new group of customers. A. Concentric diversification B. Horizontal diversification C. Conglomerate diversification D. None of these options
Last Answer : Concentric diversification
Description : __________ is adding new, unrelated products or services for present customers. a. Concentric diversification b. Horizontal diversification c. Conglomerate diversification d. Product development
Last Answer : Horizontal diversification
Description : I have a friend who thinks business owners should be able to turn away customers for any reason, and choose who they want to do business with. Do you think he's crazy?
Last Answer : I’m almost inclined to agree with him just so these business owners can feel the consequences of their ignorance.
Description : Exemplary damages are not awarded in such case (a) Breach of promise to marry (b) Wrongful dishonour & customers cheque by banker (c) Breach of any business contract (d) None of the above
Last Answer : (c) Breach of any business contract
Description : Can male-only institutions still survive in today's world?
Last Answer : answer:I think it would be allowed to exist. Do men want to work out without women around? Seems like most men are voyeurs. When I lived in South Beach quite a few gyms appeared to be all men, ... who are out of shape or very overweight feel more comfortable. Is that the idea for the men only gym?
Description : Is profit the only business of businesses?
Last Answer : I don’t know if they are, but I think they should be socially responsible.
Description : What is the single word that can best describe today s business? A. Technology. B. Profit Making. C. Change. D. People.
Last Answer : C. Change.
Description : Which of the following methods are used in creative accounting? (a) Off balance sheet financing (b) Abuses of accounting concepts and conventions (c) Manipulating assets and liabilities (d) Over and under valuation of inventories
Last Answer : A. OFF BALANCE SHEET FINANCING
Description : The total accumulated value of foreign- owned assets at a given period of time is __. A. flow of FDI B. stock of FDI C. inflow of FDI D. outflow of FDI
Last Answer : B. stock of FDI
Description : Has corporate greed and arrogance really gotten so bad that $10 in revenue is worth more than a decades long business relationship?
Last Answer : I feel bad for you and all those who are getting screwed by banks despite having a good history of managing your accounts.
Description : In Commercial and business agreements, the intention of the parties to create legal relationship is (a) Presumed to exist (b) To be specifically expressed in writing (c) Not relevant or all (d) Not applicable.
Last Answer : (a) Presumed to exist
Description : Is it better to charge a cheap price to attract more customers or high price for fewer customers?
Last Answer : answer:Depends on the product. Margin is kinda key here. Say Dell vs Apple. Dell isn’t much different from all the other cheap PC makers. Dell, HP, whatever,it is all the same shit. They fight on margin. Apple makes nearly the same stuff but doesn’t race to the bottom. And Apple has a crazy margin.
Description : Workers of the world: do you have any expectations of customers? If so, what?
Last Answer : You’re not always right. If you think you are, think it over again – you better have something more than “The customer is always right” if you don’t want me to think you’re a jackwagon.
Description : Is a store owner legally obligated to serve all customers?
Last Answer : Does the business owner have a sign that says: We reserve the right to refuse service to anyone for any reason ? I don't mean to be smarmy, but I have seen these signs many times in my life ... our property. Once I had a manager who refused service to one of her ex-boyfriends for cheating on her.
Description : Can you suggest some cool ways in which companies have used Twitter to connect with their customers?
Last Answer : http://twitter.com/JetBlue—It seems to be a real person and not a bot. http://twitter.com/amazonmp3—Amazon lists daily deals for music. Those are the best ones I can think of.
Description : Which of the following could be defined as a multinational company? A. A firm that owns shares in a foreign company but does not participate in the company's decision making. B. A UK based internet ... origin. D. A finance company transferring its HQ and all its activities from the UK to the US.
Last Answer : A firm owning a chain of supermarket outlets outside its country of origin.
Description : Macro environment consist of ______? A. public. B. political & legal. C. suppliers. D. customers.
Last Answer : B. political & legal.
Description : Goals realization continuously will lead to _______. A. mission fulfillment. B. maximize customers. C. high revenue. D. maximize suppliers.
Last Answer : A. mission fulfillment.
Description : How has social media helped your business?
Last Answer : I can't give you a solid answer just today but a year ago I entrusted a younger secretary with the task of handling all my company's social media. With the blog on our main website, Facebook, Snapchat, ... rely on to be relentless in making it all happen unless that person is you then I pity you!~
Description : How do social media, technology, and business affect each other?
Last Answer : Businesses benefit by feeding off of what social media sites have to offer, a place for people to hang out in the internet. Technology feeds off this by giving jobs to people who focus on social media sites. Those are just a fraction of the opportunities. My 2 cents.
Description : What are some good resources for doing a business valuation on a social network?
Last Answer : The number of people on that network.
Description : I need a list of all of the cheesiest, most overused, played out terms and phrases from Web 2.0, social media, and business in general. Can you help?
Last Answer : lol
Description : Obligations of business towards various parties of the societies is known as a. Social Welfare b. Social Responsibility c. Social Value d.Business Ethics
Last Answer : b. Social Responsibility
Description : Which of these can be considered as Social Responsibility of Business towards employees? a. Security of Service b. Appropriate Remuneration c. Good Working Environment d. All of the above
Last Answer : d. All of the above
Description : ________environment refers to all economic factors which have a bearing on the functioning of a business. A. Economic. B. Technological. C. Natural. D. Social.
Last Answer : A. Economic.
Description : Business includes _____. A. non-economic activities. B. economic activities. C. social activities. D. production activities.
Last Answer : B. economic activities.
Description : ___ is defined as systematic assessment of the social impact of the activities of a business firm. A. Social audit. B. Social responsibility. C. Social interaction. D. Social benefit
Last Answer : A. Social audit.
Description : The wheel of retailing hypothesis suggests that: A)retailers tend to provide more limited services to customers as the business ages. B)new retailers enter the market with low prices, low profit margins ... decreases. D)a retail firm must grow to compete with other retail firms on an equal basis.
Last Answer : B)new retailers enter the market with low prices, low profit margins and low status but eventually trade up.
Description : A monopoly is characterized by (a) Limited entry and exit opportunity ; (b) Single supplier ; (c) Few customers ; (d) All the three
Last Answer : (a) Limited entry and exit opportunity ;
Description : Business Unit Level Strategy decides…. A. ‘How’ to compete in an industry? B. How to create and maintain competitive advantage in selected industry. C. All of these options are correct D. Industry specific diversification strategies
Last Answer : All of these options are correct
Description : Business Unit Level Strategy decides…. A. ‘How’ to compete in an industry? B. How to create and maintain competitive advantage in selected industry. C. All of these options are correct D. Industry specific diversification strategies.
Description : A partnership between companies in different lines of business, is called: a) Vertical integration alliance b) Diversification alliance c) Shared supply alliance d) International expansion alliance
Last Answer : Diversification alliance
Description : The publishers of The Economist developed a campaign to market the magazine to university and college students studying business and management courses. This would best be referred ... B)horizontal diversification. C)market development. D)concentric diversification. E)conglomerate diversification.
Last Answer : C)market development.
Description : When Nike first opened its company -owned retail stores to sell its shoes and sportswear, this move exemplified which type of business -unit strategy? A)Concentric diversification B)Market development C)Product development D)Conglomerate diversification E)Forward integration
Last Answer : E)Forward integration
Description : When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing ______________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration
Last Answer : A. conglomerate diversification.
Description : When a firm enters into some business which is related with its present business in terms of technology, marketing or both it is called as _____________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration.
Last Answer : D. concentric integration.
Description : Consider the following schemas: Branch = (Branch-name, Assets, Branch-city) Customer = (Customer-name, Bank-name, Customer-city) Borrow = (Branch-name, loan-number, customer account-number) Deposit = ... )) (C) πcustomer-name(σbalance> 10000(Borrow)) (D) σcustomer-name(σbalance> 10000(Borrow))
Last Answer : (A) πcustomer-name(σbalance> 10000(Deposit))
Description : Has any country or region, including fictional worlds, ever been run so well as to turn a profit?
Last Answer : That isn't how governments work. Governments don't create goods and services on their own. But there have been many instances of governments running a surplus, which is analogous to a company making ... government entity that ever turns a profit is a prison industry, because they run on slave labor.
Description : What jobs can be performed that only profit yourself and not another?
Last Answer : answer:Singer doesn't seem like an example, in most cases. What level of separation are you asking about? An independent farmer who sells directly? If he sells to a market or distributor, does ... a private locale, and that don't result in buying supplies or anything. Buskers and street performers?
Description : Profit Sharing with my employers?
Last Answer : answer:Who is making? Inventory cost are . . ? Who is marketing it? It could be 15% for you or 50%
Description : What are the rules for buying and selling property for profit?
Last Answer : answer:It depends how much money you make. If you make a lot, then you need to send money to the IRS quarterly. If you do it as a side thing, and also are working a rehular job where they take taxes out ... a report of what you sold, maybe even a 1099, not sure, at the end of the year for taxes.
Description : Businessmen: How much should I resell a record for if I want maximum realistic profit?
Last Answer : answer:You need to look at your expenses: your time, cost of shipping, cost of acquiring stock, advertising, etc. Typically, the time period used is a month. Then you need to estimate the amount ... money developing business plans for people. I think people would have to pay me in advance, though.
Description : What is considered to be a good profit margin?
Last Answer : answer:You have to factor in whatever component part goes into the actual production. Labor, materials, time, electricity, packaging, employee salary, rent, insurance. You have to be more specific, is it just you, or is this a company?
Description : Can you please explain to me in detail how buying and selling for profit works?
Last Answer : answer:Are you talking about trading in US shares and bonds or looking into Spanish investments, about which I know nothing. Is your permanent address a Spanish one? If so, none of the investments that ... rich-quick schemes are dangerous and often fatal. Slow and steady works best in the long run.
Description : Can a non-profit switch to become a for-profit company?
Last Answer : answer:Yes, I think that some, at least, of the Blue Cross-Blue Shield companies have gone from being non-profits to for-profit companies. Edit: From the Wikipedia article: Prior to the Tax Reform Act ... . So it is possible. I just don't know under what circumstance and what the process would be.