Bus100 Study guides, Class notes & Summaries

unit 3

unit 2 course work

This document contains general information about what a business does, the types of business, and graphs with in depth key points

Saylor Academy BUS101 Exam Questios with 100% correct Answers Social Benefit - answerThe total benefit to society from producing or consuming a good or service. Social benefit includes all the private benefits plus any external benefits of production / consumption. If a good has significant external benefits, then the social benefit will be greater than the private benefit. Contract Theory - answerThe belief that business is a community of participants organized around a common purpose. T...

This quiz was locked Apr 24 at 9:45pm. Az empt HistoryAttempt Time Score LATEST Attempt 1 172 minutes 147 out of 200  Correct answers are no longer available. Score for this quiz: 147 out of 200 Submitted Apr 24 at 9:25pm This attempt took 172 minutes. 2 / 2 pts Question 1 The purpose of specialization is to reduce productivity. increase the efficiency of industrial workers. boost the morale of an employee because he or she is special. relieve boredom. make the nature of the work more gener...

BUS 100 Introduction to Business Final Exam Sophia Course (BUS100)

What stakeholder group(s) can exercise legal power? - Customers, Employees, Shareholders Which statement is not correct about the business-society interdependence? - Actions by governments rarely affect business. Corporations that run their operations according to the stakeholder theory of the firm create value by: - Increasing stock price, developing employee professional skills, innovating new products. Which of the following statements is not true about the interactive social system? -...

BUS100 Video Viewing Only Taco Bell Exam

Businesses engage in environmental protection activities to show their responsibility to their general public stakeholders. - True The critical path method (CPM) is used to design, test, and modify new and existing products. - False A tall organization structure has many managerial levels and a long chain of command. - True Management involves: - All of the above One of the documents that help human resource planners find the right person for a specific job is a list of tasks and respons...