Afm 132 Exam 2025 With 100% Accurate
Solutions
Porter's 5 forces considers the political, economic, social, technological, and overarching factors that may
impact the success of a business. - CORRECT -False
The manager of Extreme Sporting Goods is concerned that cash expenditures have been exceeding cash
receipts for the last six months, suggesting that Extreme is suffering from a(n) ____________ problem. -
CORRECT -cash flow
Johnny was asked to come up with new ideas to launch a product that complements his company's
existing mix of products. Johnny would be classified as a(n). - CORRECT -intrapreneur
In Canada, municipal governments are set up by the federal government to oversee issues that impact
cities, towns, and districts. - CORRECT -False
In a global business environment, a small business needs to worry about all of the following, EXCEPT: -
CORRECT -the lack of opportunities on the world stage
One problem of conducting a social audit is: - CORRECT -determining what to measure and
how to calculate the impact on society
In an interview, employers can ask about job ability, family status, and sexual orientation. -
CORRECT -False
A venture capitalist is a wealthy individual that likes to invest in early-stage businesses. -
CORRECT -False
Sassy Signs and Labels allows each customer to pay their bill within 30 days and includes "3/15 net 30"
on their invoices. This gives customers a: - CORRECT -3% discount if they pay in 15 days
, Why is it useful for Balance Sheet users to see current assets and current liabilities clearly identified? -
CORRECT -to assess the company's ability to pay current liabilities
A small business can fail due to undercapitalization and poor cash flow management. -
CORRECT -True
Triple bottom-line reporting is all about: - CORRECT -reporting on the environmental, social,
and economic impacts of business activity
All of the following are important considerations about international business, EXCEPT: -
CORRECT -employers value graduates with a local mindset
Auto gradedGrade:0/1.0
The following statements are true about participating in the global market, EXCEPT: - CORRECT
-only large companies can compete in foreign markets
Top managers make less use of _________ skills than first-line managers. - CORRECT -
technical
Lean manufacturing supports the following, EXCEPT: - CORRECT -gradually reducing the
amount of products you make
A(n) __________ code of conduct sets guiding values and stresses shared accountability for employees
to do the right thing. - CORRECT -integrity-based
In small organizations, the employee experience may be managed through roles such as a Finance
Manager. - CORRECT -True
Australia is an extremely efficient producer of peaches, but its climate makes it difficult to produce
grapes for ice wine. According to the theory of comparative advantage, Australia should: -
CORRECT -concentrate its production on peaches and buy grapes from an efficient producer
Solutions
Porter's 5 forces considers the political, economic, social, technological, and overarching factors that may
impact the success of a business. - CORRECT -False
The manager of Extreme Sporting Goods is concerned that cash expenditures have been exceeding cash
receipts for the last six months, suggesting that Extreme is suffering from a(n) ____________ problem. -
CORRECT -cash flow
Johnny was asked to come up with new ideas to launch a product that complements his company's
existing mix of products. Johnny would be classified as a(n). - CORRECT -intrapreneur
In Canada, municipal governments are set up by the federal government to oversee issues that impact
cities, towns, and districts. - CORRECT -False
In a global business environment, a small business needs to worry about all of the following, EXCEPT: -
CORRECT -the lack of opportunities on the world stage
One problem of conducting a social audit is: - CORRECT -determining what to measure and
how to calculate the impact on society
In an interview, employers can ask about job ability, family status, and sexual orientation. -
CORRECT -False
A venture capitalist is a wealthy individual that likes to invest in early-stage businesses. -
CORRECT -False
Sassy Signs and Labels allows each customer to pay their bill within 30 days and includes "3/15 net 30"
on their invoices. This gives customers a: - CORRECT -3% discount if they pay in 15 days
, Why is it useful for Balance Sheet users to see current assets and current liabilities clearly identified? -
CORRECT -to assess the company's ability to pay current liabilities
A small business can fail due to undercapitalization and poor cash flow management. -
CORRECT -True
Triple bottom-line reporting is all about: - CORRECT -reporting on the environmental, social,
and economic impacts of business activity
All of the following are important considerations about international business, EXCEPT: -
CORRECT -employers value graduates with a local mindset
Auto gradedGrade:0/1.0
The following statements are true about participating in the global market, EXCEPT: - CORRECT
-only large companies can compete in foreign markets
Top managers make less use of _________ skills than first-line managers. - CORRECT -
technical
Lean manufacturing supports the following, EXCEPT: - CORRECT -gradually reducing the
amount of products you make
A(n) __________ code of conduct sets guiding values and stresses shared accountability for employees
to do the right thing. - CORRECT -integrity-based
In small organizations, the employee experience may be managed through roles such as a Finance
Manager. - CORRECT -True
Australia is an extremely efficient producer of peaches, but its climate makes it difficult to produce
grapes for ice wine. According to the theory of comparative advantage, Australia should: -
CORRECT -concentrate its production on peaches and buy grapes from an efficient producer
