X100 Exam 1 Questions With Correct
Answers
The |learning |styles |- |- |CORRECT |ANSWER✔✔-Visual, |Aural, |Read/write, |Kinesthetic |(touch)
What |is |a |learning |style? |- |- |CORRECT |ANSWER✔✔-theories |of |ways |that |different |students |
learn
Why |it |is |important |to |know |your |learning |style? |- |- |CORRECT |ANSWER✔✔-it's |important |to |
know |so |you |can |study |and |learn |efficiently |and |effectively
time |management |strategies |- |- |CORRECT |ANSWER✔✔-write |goals, |keep |a |planner/to-do |list, |
prepare |the |night |before |for |the |next |day, |space |out |your |work, |defend |your |study |time, |take |
time |for |fun
How |has |the |focus |on |unique |groups |of |stakeholders |changed |over |the |decades? |- |- |CORRECT |
ANSWER✔✔-using |outsourcing |and |insourcing |in |order |to |keep |all |stakeholders |happy
Stakeholders- |- |CORRECT |ANSWER✔✔-groups |that |have |a |stake |in |the |success |and |outcomes |
of |a |business |(stand |to |gain/lose |by |policies |and |activities |of |a |business)
Shareholders |- |- |CORRECT |ANSWER✔✔-owns |shares |in |a |company |(less |risk |than |stakeholder)
What |do |stakeholders |expect |of |businesses |today? |- |- |CORRECT |ANSWER✔✔-profitable |and |
distribute |profit |to |them
, 5 |Factors |of |production |- |- |CORRECT |ANSWER✔✔-land, |labor, |capital, |entrepreneurship, |
knowledge
Environmental |scanning |- |- |CORRECT |ANSWER✔✔-tracking |of |trends |and |environments |
(PESTLE) |in |an |org.'s |internal/external |environment |that |effects |its |success
Four |types |of |competition |- |- |CORRECT |ANSWER✔✔-Monopoly, |Oligopoly, |Monopolistic, |
Perfect
Monopoly |- |- |CORRECT |ANSWER✔✔-one |firm |(tap |water, |railroads) |- |use |good |service |to |
avoid |scrutiny
Oligopoly |- |- |CORRECT |ANSWER✔✔-few |firms |(airlines, |computers, |cars) |- |lower |cost |and |
differentiate |yourself |enough
Monopolistic |- |- |CORRECT |ANSWER✔✔-differentiated |products |(movies, |novels, |restaurants) |- |
product |differentiation |(marketing, |new |tech., |etc.),
Perfect |- |- |CORRECT |ANSWER✔✔-identical |products |(sweet |corn, |wheat) |- |minimize |
production |cost
Porter's |Five |Forces |Model |- |- |CORRECT |ANSWER✔✔-industry |rivalry |- |includes |intensity |of |
existing |competitive |rivalry, |threat |of |substitutes, |bargaining |power |of |buyers, |threat |of |new |
entrants, |and |bargaining |power |of |suppliers
The |relationship |between |degree |of |competitive |rivalry |and |market |attractiveness |- |- |CORRECT
|ANSWER✔✔-inverse |relationship, |the |more |rivalry |= |less |profitable |= |less |attractive, |and |vice |
versa
Answers
The |learning |styles |- |- |CORRECT |ANSWER✔✔-Visual, |Aural, |Read/write, |Kinesthetic |(touch)
What |is |a |learning |style? |- |- |CORRECT |ANSWER✔✔-theories |of |ways |that |different |students |
learn
Why |it |is |important |to |know |your |learning |style? |- |- |CORRECT |ANSWER✔✔-it's |important |to |
know |so |you |can |study |and |learn |efficiently |and |effectively
time |management |strategies |- |- |CORRECT |ANSWER✔✔-write |goals, |keep |a |planner/to-do |list, |
prepare |the |night |before |for |the |next |day, |space |out |your |work, |defend |your |study |time, |take |
time |for |fun
How |has |the |focus |on |unique |groups |of |stakeholders |changed |over |the |decades? |- |- |CORRECT |
ANSWER✔✔-using |outsourcing |and |insourcing |in |order |to |keep |all |stakeholders |happy
Stakeholders- |- |CORRECT |ANSWER✔✔-groups |that |have |a |stake |in |the |success |and |outcomes |
of |a |business |(stand |to |gain/lose |by |policies |and |activities |of |a |business)
Shareholders |- |- |CORRECT |ANSWER✔✔-owns |shares |in |a |company |(less |risk |than |stakeholder)
What |do |stakeholders |expect |of |businesses |today? |- |- |CORRECT |ANSWER✔✔-profitable |and |
distribute |profit |to |them
, 5 |Factors |of |production |- |- |CORRECT |ANSWER✔✔-land, |labor, |capital, |entrepreneurship, |
knowledge
Environmental |scanning |- |- |CORRECT |ANSWER✔✔-tracking |of |trends |and |environments |
(PESTLE) |in |an |org.'s |internal/external |environment |that |effects |its |success
Four |types |of |competition |- |- |CORRECT |ANSWER✔✔-Monopoly, |Oligopoly, |Monopolistic, |
Perfect
Monopoly |- |- |CORRECT |ANSWER✔✔-one |firm |(tap |water, |railroads) |- |use |good |service |to |
avoid |scrutiny
Oligopoly |- |- |CORRECT |ANSWER✔✔-few |firms |(airlines, |computers, |cars) |- |lower |cost |and |
differentiate |yourself |enough
Monopolistic |- |- |CORRECT |ANSWER✔✔-differentiated |products |(movies, |novels, |restaurants) |- |
product |differentiation |(marketing, |new |tech., |etc.),
Perfect |- |- |CORRECT |ANSWER✔✔-identical |products |(sweet |corn, |wheat) |- |minimize |
production |cost
Porter's |Five |Forces |Model |- |- |CORRECT |ANSWER✔✔-industry |rivalry |- |includes |intensity |of |
existing |competitive |rivalry, |threat |of |substitutes, |bargaining |power |of |buyers, |threat |of |new |
entrants, |and |bargaining |power |of |suppliers
The |relationship |between |degree |of |competitive |rivalry |and |market |attractiveness |- |- |CORRECT
|ANSWER✔✔-inverse |relationship, |the |more |rivalry |= |less |profitable |= |less |attractive, |and |vice |
versa
