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BUS 475 Week
1 Knowledge Check

Complete the Week 1 Knowledge Check.

Week 1 Knowledge Check

The material presented
below is not meant to be a comprehensive list of all you need to know in the
content area. Rather it is a starting point for building your knowledge and
skills. Additional study materials are recommended in each area below to help
you master the material.




Mastery


100%


Questions


·        
1




Materials on the concept


  • Two Kinds of Reasoning





1.

Reaching a valid decision is based on the evaluation of arguments.
If we know that a valid argument has true premises, then a decision based on
the argument______________.

·        
A.

must be sound

·        
B.

might be sound

·        
C.

is strong

·        
D.

might have a false conclusion



Concept: RHETORICAL DEVICES AND FALLACIES




Mastery


100%


Questions


·        
3




Materials on the concept


  • More Rhetorical Devices. Psychological and Related Fallacies





2.

Identify the fallacy in the following piano store advertisement:
“Pianos are our only business. You’ll get the best deal at the Piano Experts.”

·        
A.

Ad hominem

·        
B.

Straw man

·        
C.

Hasty generalization

·        
D.

Red herring



Concept: ENHANCING CREATIVITY AND INNOVATION




Mastery


100%


Questions


·        
3




Materials on the concept


  • Unleashing Individual Creativity





3.

Which of the following statements describes creativity correctly?

·        
A.

Only highly intelligent people are capable of generating creative
ideas.

·        
B.

Creative people are born with the trait.

·        
C.

Anyone can become more creative.

·        
D.

Children are more creative than adults.



Concept: CREDIBILITY OF CLAIMS




Mastery


100%


Questions


·        
4




Materials on the concept


  • Persuasion Through Rhetoric. Common Devices and Techniques





4.

How would you assess the following statement? Consider both the
nature of the claim and the source. “Lottery director Mark Michalko said
Thursday that allegations that Californians are squandering money they once
used for food to buy lottery tickets ‘are just not correct.’. . . California
Grocers Association president Don Beaver raised the issue earlier in the week,
saying five supermarket chains had complained that grocery sales dropped about
5 percent after lottery tickets went on sale October 3.” —Sacramento Bee

·        
A.

Probably true

·        
B.

Probably false

·        
C.

Requiring further documentation

·        
D.

Claim that cannot be properly evaluated



Concept: ETHICAL IMPLICATIONS




Mastery


100%


Questions


·        
5




Materials on the concept


  • Ethics and Corporate Responsibility





5.

The Sarbanes–Oxley Act was created in 2002 to improve and maintain
investor confidence. The act includes which of the following:

·        
A.

senior managers sign off on financial results

·        
B.

privately held companies must report to the public

·        
C.

officers are exempt if they were not aware of a misrepresentation

·        
D.

company insiders may compose the entire Board of Directors



Concept: ORGANIZATIONAL BEHAVIOR




Mastery


100%


Questions


·        
6




Materials on the concept


  • Introduction to Organizational Behavior





6.

Organizational behavior is examined at three main levels.

·        
A.

Traits, behaviors, and results

·        
B.

Affective, cognitive, and behavioral

·        
C.

Individual, organizational, and societal

·        
D.

Individual, group, and organizational



Concept: INTRINSIC MOTIVATION




Mastery


100%


Questions


·        
7




Materials on the concept


  • The Nature of Work Motivation





7.

Employees who have intrinsic work values will be motivated by

·        
A.

challenging assignments

·        
B.

status in the workplace

·        
C.

social contacts

·        
D.

financial rewards



Concept: GROUP STRATEGIES




Mastery


100%


Questions


·        
8




Materials on the concept


  • The Nature of Work Groups and Teams





8.

Research on the five-stage model of group development shows that

·        
A.

all groups pass through the norming stage

·        
B.

groups always pass through the stages in order

·        
C.

not all groups go through each of the stages

·        
D.

all groups pass through the adjourning stage



Concept: LEADERSHIP STYLE




Mastery


100%


Questions


·        
9




Materials on the concept


  • Leaders and Leadership





9.

The extent to which a leader actually does help a group or
organization to achieve its goals is best described as

·        
A.

formal leadership

·        
B.

leader effectiveness

·        
C.

organizational profitability

·        
D.

informal leadership



Concept: ORGANIZATIONAL STRUCTURES




Mastery


100%


Questions


·        
3




Materials on the concept


  • Organizational Design and Structure





10.

When the business environment is __________, an organization is
most likely to decentralize authority and empower its employees to make
operating decisions.

·        
A.

stable

·        
B.

uncertain

·        
C.

unknown

·        
D.

transparent



Concept: THE COMMUNICATION PROCESS




Mastery


100%


Questions


·        
11




Materials on the concept


  • Achieving Success Through Effective Business Communication





11.

To make your communication more effective

·        
A.

include as much information as possible, even if you are not sure
it is necessary

·        
B.

send the same messages by multiple channels

·        
C.

clearly address your audience's wants and needs, not yours

·        
D.

draw pictures and animations your audience will understand



Concept: APPROPRIATE TECHNOLOGIES




Mastery


100%


Questions


·        
12




Materials on the concept


  • Mastering Team Skills and Interpersonal Communication





12.

Which of the following meeting technologies would be most
effective for negotiations, collaborative problem solving, and other complex
discussions?

·        
A.

Telepresence

·        
B.

Instant messaging

·        
C.

Teleconference

·        
D.

Telephone



Concept: PERSUASIVE MESSAGES




Mastery


100%


Questions


·        
13




Materials on the concept


  • Writing Persuasive Messages





13.

Most persuasive messages combine

·        
A.

many major points all at once

·        
B.

logical and emotional factors

·        
C.

truth and falsehood

·        
D.

current and very old evidence



Concept: EFFECTIVE PRESENTATIONS




Mastery


100%


Questions


·        
14




Materials on the concept


  • Enhancing Presentations with Slides and Other Visuals





14.

Important design elements to consider when creating slides include
which of the following:

·        
A.

word selection

·        
B.

selecting background designs

·        
C.

selecting a theme

·        
D.

writing content



Concept: RESUME WORDING




Mastery


100%


Questions


·        
15




Materials on the concept


  • Building Careers and Writing Résumés





15.

Which of the following would be the best wording to use on a
resume?

·        
A.

"I was in charge of a staff of six employees."

·        
B.

"I supervised a full staff of six employees."

·        
C.

"Was in charge of entire departmental staff."

·        
D.

"Supervised staff of six employees."



Concept: ETHICAL APPROACHES




Mastery


100%


Questions


·        
16




Materials on the concept


  • Ethics and Privacy





16.

The __________ approach to ethics maintains that an ethical action
is the one that provides the most good or does the least harm.

·        
A.

utilitarian approach

·        
B.

rights approach

·        
C.

fairness approach

·        
D.

common good approach



Concept: PRIVACY POLICY




Mastery


100%


Questions


·        
17




Materials on the concept


  • Ethics and Privacy





17.

Which type of privacy policy restricts an organization from
collecting personal information until the customer specifically authorizes it?

·        
A.

Opt-out model

·        
B.

Opt-in model

·        
C.

Electronic surveillance

·        
D.

Profiling



Concept: WIRELESS COMMUNICATION




Mastery


100%


Questions


·        
18




Materials on the concept


  • Wireless, Mobile Computing, and Mobile Commerce





18.

Wireless communication includes which of the following:

·        
A.

Bluetooth

·        
B.

coaxial connections

·        
C.

traditional land lines

·        
D.

lighting connections



Concept: ENTERPRISE APPLICATIONS




Mastery


100%


Questions


·        
19




Materials on the concept


  • Information Systems within the Organization





19.

Enterprise resource planning applications seeks to integrate a
number of issues, including which of the following:

·        
A.

vacation schedules

·        
B.

tenure of the staff

·        
C.

production and inventory levels

·        
D.

turnover rate of the project staff



Concept: ACQUIRING INFORMATION SYSTEMS




Mastery


100%


Questions


·        
20




Materials on the concept


  • Acquiring Information Systems and Applications





20.

The request for proposal (RFP) is one of the key tools in
acquiring information systems and applications. Which of the following
statements best characterizes the RFP?

·        
A.

The RFP must always be used.

·        
B.

It is prepared by the vendor.

·        
C.

It always identifies the price.

·        
D.

It defines the scope of the project.



Concept: ORGANIZATION AND RELATIONSHIP OF COURTS




Mastery


100%


Questions


·        
21




Materials on the concept


  • The American Judicial System, Jurisdiction, and Venue





21.

The relationship between jurisdiction and venue of state and
federal courts

·        
A.

often causes delays in case resolution

·        
B.

causes development of conflicting rules in similar disputes

·        
C.

is determined by the U.S. Attorney General

·        
D.

is well-defined by statute and case law



Concept: LEGAL DUTIES OF CARE




Mastery


100%


Questions


·        
22




Materials on the concept


  • Torts and Products Liability





22.

Businesses owe customers (business invitees) visiting their stores

·        
A.

no duty of care, the customer assumes the risk of injury

·        
B.

a warning of known risks, only

·        
C.

a duty to inspect for and warn of risks

·        
D.

a duty to repair hidden risks only where children are involved



Concept: AWARENESS OF COMMERCIAL OBLIGATIONS




Mastery


100%


Questions


·        
23




Materials on the concept


  • Overview and Formation of Contracts





23.

A legally enforceable contract always requires

·        
A.

a written document

·        
B.

signatures of all parties

·        
C.

a heading saying “Contract” or “Agreement”

·        
D.

a manifest intent to be bound by the parties



Concept: EFFECT OF REGULATION ON BUSINESS




Mastery


100%


Questions


·        
24




Materials on the concept


  • Administrative Law





24.

Regulatory (or administrative) law arises from

·        
A.

court decisions

·        
B.

enabling statutes

·        
C.

attorney general opinions

·        
D.

policy documents prepared by nongovernmental organizations



Concept: ETHICAL CONDUCT OF BUSINESS




Mastery


100%


Questions


·        
25




Materials on the concept


  • Business, Societal, and Ethical Contexts of Law





25.

The purpose of a clear ethical code in a business is

·        
A.

to draw on employees religious background

·        
B.

to encourage philosophical debate among employees

·        
C.

to regulate employees’ private conduct

·        
D.

to manage values and conflicts among them



 

BUS 475 Week
2 Porter's Five Forces

Instructions

Write a paper of approximately 700 words that
describes the Porter's Five Forces model as it impacts McDonald's. The content
of the paper should not provide the definitions of the Five Forces.

 

 

BUS 475 Week 2 Knowledge
Check

Instructions

Complete the Week 2 Knowledge Check.

Week 2 Knowledge Check

The material presented
below is not meant to be a comprehensive list of all you need to know in the
content area. Rather it is a starting point for building your knowledge and
skills. Additional study materials are recommended in each area below to help
you master the material.



1.

Compared with other approaches to business, the marketing concept
is distinct in that it

·        
A.

focuses on sales

·        
B.

produces new products and services

·        
C.

creates a broad assortment of products

·        
D.

focuses on satisfying customers' needs



Concept: ADVERTISING STATEMENTS




Mastery


100%


Questions


·        
2




Materials on the concept


  • Focusing Marketing Strategy with Segmentation and Positioning





2.

A company provides its advertising agency with a statement about a
new product to use in designing an advertising campaign, and this statement
includes a description of the target market, the product type, the primary
benefits of using the product, and how this product is different from, and
better than, competitive products. What type of statement is this?

·        
A.

Qualifying

·        
B.

Positioning

·        
C.

Determining

·        
D.

Clustering



Concept: NEW PRODUCT PRICING




Mastery


100%


Questions


·        
3




Materials on the concept


  • Product Management and New-Product Development





3.

The sales analysis of a product revealed that profits were highest
when it was initially introduced into the market with a high selling price.
However, the price was gradually reduced as it started facing competition as
substitutes entered the market. This is an example of a(n)

·        
A.

introductory price dealing

·        
B.

temporary price cut policy

·        
C.

skimming price policy

·        
D.

penetration price policy



Concept: INTEGRATED MARKETING COMMUNICATIONS




Mastery


100%


Questions


·        
4




Materials on the concept


  • Promotion—Introduction to Integrated Marketing Communications





4.

Blending the firm's promotion efforts to convey a complete and
consistent message is the goal of

·        
A.

sales management communications

·        
B.

sales promotion communications

·        
C.

integrated promotional marketing

·        
D.

integrated marketing communications



Concept: SOCIAL RESPONSIBILITY




Mastery


100%


Questions


·        
5




Materials on the concept


  • Organizational Structure

  • Ethical Marketing in a Consumer–Oriented World: Appraisal and
    Challenges





5.

According to the concept of social responsibility, a firm has a
duty to

·        
A.

communicate regularly with the public

·        
B.

place profit above all other considerations

·        
C.

place customer satisfaction above all other considerations

·        
D.

conduct business in a way that is good for society as a whole,
both now and for the future



Concept: FINANCIAL MARKET PARTICIPANTS




Mastery


100%


Questions


·        
6




Materials on the concept


  • Firms and the Financial Market





6.

The principal participants in the financial markets are

·        
A.

businesses, banks, and government

·        
B.

borrowers, savers, and financial institutions

·        
C.

mutual funds, hedge funds, and investment bankers

·        
D.

dealers, brokers, and regulators



Concept: FUTURE VALUE




Mastery


100%


Questions


·        
7




Materials on the concept


  • Time Value of Money: The Basics





7.

You just purchased a parcel of land for $10,000. If you expect a
12% annual rate of return on your investment, how much will you sell the land
for in 10 years? Note. Due to rounding and method of calculation, your answer
might vary slightly. Choose the closest answer.

·        
A.

$25,000

·        
B.

$31,060

·        
C.

$38,720

·        
D.

$34,310



Concept: NET PRESENT VALUE




Mastery


100%


Questions


·        
8




Materials on the concept


  • Analyzing Project Cash Flows





8.

Bull Gator Industries is considering a new assembly line costing
$6,000,000. The assembly line will be fully depreciated by the simplified
straight line method over its 5-year depreciable life. Operating costs of the
new machine are expected to be $1,100,000 per year. The existing assembly line
has 5 years remaining before it will be fully depreciated and has a book value
of $3,000,000. If sold today the company would receive $2,400,000 for the
existing machine. Annual operating costs on the existing machine are $2,100,000
per year. Bull Gator is in the 46 percent marginal tax bracket and has a
required rate of return of 12 percent. Calculate the net present value of
replacing the existing machine. Note. Due to rounding and method of
calculation, your answer might vary slightly. Choose the closest answer.

·        
A.

$816,000

·        
B.

$382,320

·        
C.

$2,941,680

·        
D.

$-382,320



Concept: COST OF CAPITAL




Mastery


100%


Questions


·        
9




Materials on the concept


  • The Cost of Capital





9.

A strong stock market and reasonably good earnings have caused the
price of the firm's common stock to increase by 25%.

·        
A.

This will have no effect on the firm's cost of capital.

·        
B.

All things equal, this will increase the firm’s cost of capital.

·        
C.

All things equal, this will lower the firm's cost of capital.

·        
D.

This will only affect the cost of capital if the firm uses CAPM to
compute the cost of equity.



Concept: FOREIGN EXCHANGE RISK




Mastery


100%


Questions


·        
10




Materials on the concept


  • International Business Finance





10.

Buying and selling in more than one market to make a riskless
profit is called

·        
A.

profit maximization

·        
B.

arbitrage

·        
C.

international trading

·        
D.

This cannot be determined from the above information.



Concept: SUPPLY AND DEMAND




Mastery


100%


Questions


·        
11




Materials on the concept


  • Using Supply and Demand





11.

The United States imposes substantial taxes on cigarettes but not
on loose tobacco. When the tax on cigarettes went into effect, the demand for
home cigarette rolling machines most likely

·        
A.

decreased, causing the price of cigarette rolling machines to fall
and the quantity of machines purchased to fall

·        
B.

decreased, causing the price of cigarette rolling machines to rise
and the quantity of machines purchased to fall

·        
C.

increased, causing the price of cigarette rolling machines to rise
and the quantity of machines purchased to rise

·        
D.

increased, causing the price of cigarette rolling machines to rise
and the quantity of machines purchased to fall



Concept: AS AND AD MODEL




Mastery


100%


Questions


·        
12




Materials on the concept


  • The Short-Run Keynesian Policy Model: Demand-Side Policies





12.

Keynes believed that an increase in savings would

·        
A.

raise aggregate demand by reducing investment

·        
B.

raise aggregate demand by increasing consumption

·        
C.

reduce aggregate demand by reducing investment

·        
D.

reduce aggregate demand by reducing consumption



Concept: MONETARY POLICY




Mastery


100%


Questions


·        
13




Materials on the concept


  • Monetary Policy





13.

Which of the following monetary policies reduces aggregate demand
and output?

·        
A.

A cut in the federal funds rate

·        
B.

An open market purchase of government securities

·        
C.

An increase in the discount rate

·        
D.

A cut in the required reserve ratio



Concept: DEFICIT




Mastery


100%


Questions


·        
14




Materials on the concept


  • Deficits and Debt





14.

Deficits may be desirable in the short run if they

·        
A.

help to stabilize the economy when the economy falls below
potential output

·        
B.

increase savings necessary for future investment and growth

·        
C.

increase savings necessary for future consumption and demand

·        
D.

help to stabilize the economy when the economy is above potential
output



Concept: BALANCE OF PAYMENTS




Mastery


100%


Questions


·        
15




Materials on the concept


  • International Financial Policy





15.

If for a country, the quantity of its currency demanded exceeds
the quantity supplied, then there is a

·        
A.

balance of payments surplus

·        
B.

balance of payments deficit

·        
C.

balance of payments equilibrium

·        
D.

trade balance



Concept: SHIFTS IN DEMAND




Mastery


100%


Questions


·        
16




Materials on the concept


  • Economics and Economic Reasoning





16.

Suppose that college tuition is higher this year than last year
and that more students are enrolled in college this year than last year. Based
on this information, we can best conclude that

·        
A.

the law of demand is invalid

·        
B.

despite the increase in price, quantity demanded rose due to some
other factor changing

·        
C.

this situation has nothing to do with the law of demand

·        
D.

the demand for a college education is positively sloped



Concept: ECONOMIC AND TECHNICAL EFFICIENCY




Mastery


0%


Questions


·        
17




Materials on the concept


  • Oligopoly and Antitrust Policy





17.

Economic efficiency is achieved at a particular output level if

·        
A.

marginal cost is as low as possible

·        
B.

average fixed cost is as low as possible

·        
C.

average total cost is as low as possible

·        
D.

average variable cost is as low as possible



Concept: PROFIT MAXIMIZATION




Mastery


100%


Questions


·        
18




Materials on the concept


  • Perfect Competition





18.

A perfectly competitive firm will be profitable if price at the
profit-maximizing quantity is above

·        
A.

MC

·        
B.

AVC

·        
C.

ATC

·        
D.

AFC



Concept: COMPARATIVE ADVANTAGE




Mastery


100%


Questions


·        
19




Materials on the concept


  • Comparative Advantage, Exchange Rates, and Globalization





19.

How are goods manufactured in other countries creating jobs in the
United States?

·        
A.

People whose jobs were outsourced are now discouraged workers.

·        
B.

U.S. firms are specializing in managing the trade of these goods.

·        
C.

Foreign countries are importing U.S. natural resources

·        
D.

People who have lost jobs have more time to shop and therefore
increase demand for goods.



 

 

BUS 475 Week
2 Business Model and Strategic Plan Part I: Conceptualizing a New Product or
Service Division of an Existing Business

Instructions

Use the University of Phoenix Material: Business
Model and Strategic Planning Outline as a guide to complete sections of your
capstone project each week. A final paper is due in Week 5. Cite your
resources. 

Write a 1,400- to 1,750-word
paper in which you explain the importance of innovation in your selected
business's vision, mission, and values, and determine your business model for
this new division. Include the following:


  • Propose a
    new product or service for the new company division. The division should
    be customer-focused with an innovative mission statement. Ensure that you
    are differentiating your product or service.




  • Describe how
    the division addresses customer needs and achieves competitive advantage.




  • Create a
    vision and a business model for this new division that clearly
    demonstrates your decision on what you want your business to become in the
    future.




  • Explain how
    the vision, mission, and value of the new division align with the
    company's mission and vision.




  • Summarize
    how the vision, mission, and values guide the division's strategic
    direction.




  • Define your
    guiding principles and values for your division in the context of culture,
    social responsibility, and ethics.



Format your paper consistent with APA guidelines.

Click the Assignment Files tab to
submit your assignment.

 

BUS 475 Week
3 Peer Review Analysis

Instructions

Share drafts
of your Business Model and Strategic Plan, Part I Individual assignments from
Week 2 with all team members.

Choose 1
or 2 team member's drafts and review as a team this week. You will review a
different team member's drafts each week. By Week 5, all team members' papers
should have been reviewed at least once.

Provide feedback
that team members can incorporate into their drafts.

Write a
synopsis of no more than 350 words summarizing what the team has learned from
the review and discussion.

Click the
Assignment Files tab to submit your assignment.

 

 

BUS 475 Week
3 Business Model and Strategic Plan Part II: SWOTT Analysis Paper

Instructions

Conduct an internal and external environmental
analysis, and a supply chain analysis for your proposed new division and its
business model.

Create a SWOTT table summarizing your
findings. Your environmental analysis should consider, at a minimum, the
following factors. For each factor, identify the one primary strength,
weakness, opportunity, threat, and trend, and include it in your table.


  • External
    forces and trends considerations:





    • Legal and regulatory

    • Global

    • Economic

    • Technological

    • Innovation

    • Social

    • Environmental

    • Competitive analysis





  • Internal
    forces and trends considerations:





    • Strategy

    • Structures

    • Processes and systems

    • Resources

    • Goals

    • Strategic capabilities

    • Culture

    • Technologies

    • Innovations

    • Intellectual property

    • Leadership




Write a synopsis of no more than 1,050 words
in which you analyze relevant forces and trends from the list above. Your
analysis must include the following:


  • Include
    economic and legal and regulatory forces and trends.




  • Critique how
    well the organization adapts to change.




  • Analyze and
    explain the supply chain of the new division of the existing business.
    Share your plans to develop and leverage core competencies and resources
    within the supply chain in an effort to make a positive impact on the
    business model and the various stakeholders.




  • Identify
    issues and/or opportunities:





    • Identify the major issues and/or opportunities that
      the company faces based on your analysis.

    • Generate a hypothesis surrounding each issue and
      research questions to use for conducting analysis.

    • Identify the circumstances surrounding each issue;
      classify the circumstances; attribute the importance of each
      classification; and test the accuracy of the importance for each
      classification.




Format your paper consistent with APA
guidelines.

Click the Assignment Files tab to submit your
assignment.

 

 

BUS 475 Week
4 Knowledge Check

Instructions

Complete the Week 4 Knowledge Check.



1.

A fast-food restaurant asks customers to evaluate the drive-thru
service as good, average, or poor. What level of data measurement is this
classification?

·        
A.

Nominal

·        
B.

Ordinal

·        
C.

Interval

·        
D.

Ratio



Concept: CONFIDENCE INTERVAL FOR THE MEAN




Mastery


100%


Questions


·        
2




Materials on the concept


  • Confidence Intervals





2.

In order to determine the average amount spent in November on
Amazon.com a random sample of 144 Amazon accounts were selected. The sample
mean amount spent in November was $250 with a standard deviation of $25.
Assuming that the population standard deviation is unknown, what is a 95%
confidence interval for the population mean amount spent on Amazon.com in
November?

·        
A.

($245.88, $254.12)

·        
B.

($247.47, $260.09)

·        
C.

($250.64, $256.92)

·        
D.

($251.34, $256.22)



Concept: PROBABILITY RULES




Mastery


100%


Questions


·        
3




Materials on the concept


  • Conditional Probability





3.

A shipment of 20 DVDs has arrived at a video rental store. Based
on past experience, the manager knows that 10% of all new DVDs sent to the
store have a visible defect. The manager tells you to begin inspecting the new
DVDs one at a time at random until you find the first DVD that has a defect. If
10% of the DVDs have a visible defect in the new shipment, what is the
probability that the first DVD that has a defect is the 3rd one that you
inspect? (Round your answer to 3 decimal places.)

·        
A.

.081

·        
B.

.268

·        
C.

.089

·        
D.

.716



Concept: LINEAR REGRESSION PREDICTION




Mastery


100%


Questions


·        
4




Materials on the concept


  • Linear Patterns





4.

An insurance agent has selected a sample of drivers that she
insures whose ages are in the range from 16–42 years old. For each driver, she
records the age of the driver and the dollar amount of claims that the driver
filed in the previous 12 months. A scatterplot showing the dollar amount of
claims as the response variable and the age as the predictor shows a linear
regression line with: y^=3710 – 55.4x. If the age of a driver increases by 1
year, by how much and in what direction would the dollar amount of claims be
predicted to change for the driver?

·        
A.

Increase by 55.4 dollars

·        
B.

Decrease by 55.4 dollars

·        
C.

Increase by 3710 dollars

·        
D.

Increase by 3,654.6 dollars



Concept: INTERPRETING P VALUE




Mastery


100%


Questions


·        
5




Materials on the concept


  • Statistical Tests





5.

A researcher claims that the proportion of employees who play
video games in the workplace is higher than it was 10 years ago. You might be
willing to reject the null hypothesis of no change with a = 0.10 or larger. The
p-value for this test is 0.15. In this case the researcher should

·        
A.

not reject the null hypothesis

·        
B.

reject the null hypothesis

·        
C.

continue with further testing because the result is inconclusive

·        
D.

change the testing from nonparametric to parametric



Concept: VISION




Mastery


100%


Questions


·        
6




Materials on the concept


  • Strategic Management





6.

The general plan of major actions through which a firm intends to
achieve is long-term objectives is called its

·        
A.

corporate plan

·        
B.

long-term goal

·        
C.

grand strategy

·        
D.

mission



Concept: EXTERNAL AND INTERNAL ENVIRONMENTS




Mastery


100%


Questions


·        
7




Materials on the concept


  • The Five Generic Competitive Strategies. Which One to Employ?





7.

How valuable a low-cost leader's cost advantage is depends on

·        
A.

whether it is easy or inexpensive for rivals to copy the low-cost
leader's methods or otherwise match its low costs

·        
B.

how easy it is for the low-cost leader to gain the biggest market
share

·        
C.

the aggressiveness with which the low-cost leader pursues
converting the cost advantage into the absolute lowest possible costs

·        
D.

the leader's ability to combine the cost advantage with a
reputation for good quality



Concept: OBJECTIVES AND GOALS




Mastery


100%


Questions


·        
8




Materials on the concept


  • Business Strategy





8.

Which of the following represent marketing capabilities at the
growth stage of industry evolution?

·        
A.

Skills in aggressively promoting products to new markets and
holding existing markets and pricing flexibility

·        
B.

Ability to establish brand recognition, find niche, reduce price,
solidity strong distribution relations and develop new channels

·        
C.

Cost effective means of efficient access to selected channels and
markets and strong customer loyalty or dependence

·        
D.

Resources or skills to create widespread awareness and find
acceptance from customers; advantageous access to distribution



Concept: SOCIAL RESPONSIBILITY




Mastery


100%


Questions


·        
9




Materials on the concept


  • Organizational Structure

  • Ethical Marketing in a Consumer–Oriented World: Appraisal and
    Challenges





9.

__________ is an organization structured around the idea of
sharing knowledge, seeking knowledge, and creating opportunities to create new
knowledge.

·        
A.

A global company

·        
B.

A modular organization

·        
C.

An ambidextrous organization

·        
D.

A learning organization



Concept: STRATEGIC CONTROL




Mastery


100%


Questions


·        
10




Materials on the concept


  • Strategic Control





10.

Which of the following types of strategic control has a low degree
of formalization?

·        
A.

Special alert control

·        
B.

Implementation control

·        
C.

Strategic surveillance

·        
D.

Premise control



Concept: FINANCIAL STATEMENTS




Mastery


100%


Questions


·        
11




Materials on the concept


  • Introduction to Financial Statements





11.

Investors and creditors are particularly interested in this
financial statement because it tells them what is happening to the company’s
most important resource?

·        
A.

Statement of cash flows

·        
B.

Income statement

·        
C.

Retained earnings statement

·        
D.

Balance sheet



Concept: GAAP (GENERALLY ACCEPTED ACCOUNTING PRINCIPLES)




Mastery


100%


Questions


·        
12




Materials on the concept


  • Accrual Accounting Concepts





12.

The cash basis of accounting is prohibited under GAAP for the
following reason:

·        
A.

It divides the economic life of a business into artificial time
frames.

·        
B.

It violates the revenue recognition principle and the expense
recognition principle.

·        
C.

It fails to provide for adjusting entries.

·        
D.

It records revenues only in the time period in which they are
received.



Concept: BALANCE SHEET




Mastery


100%


Questions


·        
13




Materials on the concept


  • Merchandising Operations and the Multiple-Step Income Statement





13.

Use the following data to determine the total dollar amount of
assets to be classified as property, plant, and equipment. Eddy Auto Supplies
Balance Sheet December 31, 2014 Cash $84,000 Accounts payable $110,000 Accounts
receivable $80,000 Salaries and wages payable $20,000 Inventory $140,000
Mortgage payable $180,000 Prepaid insurance $60,000 Total liabilities $310,000
Stock investments $170,000 Land $190,000 Buildings $226,000 Common stock
$240,000 Less: Accumulated Retained earnings $500,000 depreciation ($40,000)
$186,000 Total stockholders’ equity $740,000 Trademarks $140,000 Total
liabilities and Total assets $1,050,000 Stockholders’ equity $1,050,000

·        
A.

$686,000

·        
B.

$516,000

·        
C.

$556,000

·        
D.

$376,000



Concept: FIFO AND LIFO




Mastery


100%


Questions


·        
14




Materials on the concept


  • Reporting and Analyzing Inventory





14.

The manager of Weiser is given a bonus based on net income before
taxes. The net income after taxes is $35,700 for FIFO and $29,400 for LIFO. The
tax rate is 30%. The bonus rate is 20%. How much higher is the manager's bonus
if FIFO is adopted instead of LIFO?

·        
A.

$9,000

·        
B.

$12,600

·        
C.

$1,800

·        
D.

$6,300



Concept: INTERNAL CONTROLS




Mastery


100%


Questions


·        
15




Materials on the concept


  • Reporting and Analyzing Inventory





15.

The Sarbanes–Oxley Act of 2002 requires publicly traded U.S.
companies to take the following actions to defect and prevent fraud:

·        
A.

Adopt accrual basis of accounting, maintain an adequate system of
internal controls, and create penalties for noncompliance

·        
B.

Maintain an adequate system of internal controls, ensure that
internal controls are reliable and effective, and hire independent auditors to
attest adequacy of internal controls

·        
C.

Ensure internal controls are reliable and effective, corporate
executives must independently review internal controls, and submit all
financial statements to the Public Company Accounting Oversight Board

·        
D.

Maintain an adequate system of internal controls, provide
additional training to managers and accountants regarding internal controls,
and publish internal controls on the company’s public website



Concept: DEPRECIATION AND AMORTIZATION




Mastery


100%


Questions


·        
16




Materials on the concept


  • Reporting and Analyzing Long-Lived Assets





16.

On July 1, 2014, Linden Company purchased the copyright to Norman
Computer Tutorials for $140,000. It is estimated that the copyright will have a
useful life of 5 years. The amount of amortization expense recognized for the
year 2014 would be

·        
A.

$28,000

·        
B.

$13,125

·        
C.

$25,900

·        
D.

$14,000



Concept: CALCULATING INTEREST EXPENSE




Mastery


100%


Questions


·        
17




Materials on the concept


  • Reporting and Analyzing Liabilities





17.

ABC Corp. receives a 7-month interest-bearing promissory note in
the amount of $360,000 on February 1. The interest rate is 15%. What is the
total interest expense ABC Corp will record assuming ABC makes all of its
payments?

·        
A.

$54,000

·        
B.

$31,500

·        
C.

$4,500

·        
D.

$36,000



Concept: PREFERRED STOCK VERSUS COMMON STOCK




Mastery


100%


Questions


·        
18




Materials on the concept


  • Reporting and Analyzing Stockholders’ Equity





18.

Logan Corporation issues 50,000 shares of $50 par value preferred
stock for cash at $60 per share. The entry to record the transaction will
consist of a debit to cash for $3,000,000 and a credit or credits to

·        
A.

preferred stock of $3,000,000

·        
B.

preferred stock for $2,500,000 and paid-in capital in excess of
par value—preferred stock for $500,000

·        
C.

preferred stock for $2,500,000 and retained earnings for $500,000

·        
D.

paid-in capital from preferred stock for $3,000,000



Concept: ANALYSES OF FINANCIAL STATEMENTS




Mastery


100%


Questions


·        
19




Materials on the concept


  • Financial Analysis: The Big Picture





19.

Which of the following tools of analysis is used to evaluate
financial statement information by expressing financial statement data as a
percentage over a base amount?

·        
A.

Vertical analysis

·        
B.

Horizontal analysis

·        
C.

Ratio analysis

·        
D.

Industry averages



Concept: INTERNAL CONTROLS AFTER THE SARBANES OXLEY ACT




Mastery


100%


Questions


·        
20




Materials on the concept


  • Fraud, Internal Control, and Cash





20.

The Sarbanes–Oxley Act of 2002 requires publically-traded U.S.
companies to provide great internal controls. The five primary components of an
internal control system include: a control environment, risk assessment,
information and communication, monitoring, and

·        
A.

Establishment of responsibility

·        
B.

Segregation of duties

·        
C.

Control activities

·        
D.

Human resource controls



 

 

BUS 475 Week
4 Peer Review Analysis

Instructions

Share drafts
of your Business Model and Strategic Plan, Part II Individual assignments from
Week 3 with all team members.



Continue reviewing 1 or 2 team member's drafts
and review as a team this week. By Week 5, all team members' papers should have
been reviewed at least once.



Provide feedback that team members can
incorporate into their drafts.



Write a synopsis of no more than 350 words
summarizing what the team has learned from the review and discussion.

Click the
Assignment Files tab to submit your assignment.

 

 

BUS 475 Week
4 Business Model and Strategic Plan Part III: Balanced Scorecard and
Communication Plan

Instructions

Identify key trends, assumptions, and risks in the
context of your final business model.

Develop the strategic objectives for your new
division of the existing business in a balanced scorecard format in the context
of key trends, assumptions, and risks.The strategic objectives are measures of
attaining your vision and mission. As you develop them, consider the vision,
mission, and values for your business and the outcomes of your SWOTT analysis
and supply chain analysis.

Consider the following four quadrants of the
balanced scorecard when developing your strategic objectives:


  • Shareholder
    Value or Financial Perspective, includes strategic objectives in areas
    such as:





    • Market share

    • Revenues and costs

    • Profitability

    • Competitive position





  • Customer
    Value Perspective, includes strategic objectives in areas such as:





    • Customer retention or turnover

    • Customer satisfaction

    • Customer value





  • Process or
    Internal Operations Perspective, includes strategic objectives in areas
    such as:





    • Measure of process performance

    • Productivity or productivity improvement

    • Operations metrics

    • Impact of change on the organization





  • Learning and
    Growth (Employee) Perspective, includes strategic objectives in areas
    such as:





    • Employee satisfaction

    • Employee turnover or retention

    • Level of organizational capability

    • Nature of organizational culture or climate

    • Technological innovation




Develop at
least three strategic objectives for each of the four balanced scorecard areas
identified (Financial, Customer, Process, Learning and Growth). Your objectives
should be selected, in part, based on an evaluation of a number of potential
alternatives to the issues and/or opportunities identified in the SWOTT
Analysis paper and table you completed in Week 3.

Base your solutions on a ranking of alternative
solutions that includes an identification of potential risks and mitigation
plans, and a stakeholder analysis that includes mitigation and contingency
strategies. You should also incorporate the ethical implications of your
solutions into your selection.


  • For
    each strategic objective, develop a metric and target using a
    balanced scorecard format. (For example, a strategic objective in the
    shareholder or Financial Perspective is to increase market share. A metric
    to actually measure this strategic objective of market share increase
    is, "The percentage of increase in market share." The
    target is the specific number to be achieved in a particular time period.
    The target for the metric of "Increase market share" could be
    "Increase market share by 2% for each of the next 3 years" of an
    increase of 2% per year for 3 years.)



Outline a brief communication plan discussing
how you will communicate the company's strategic objectives that includes the
following:


  • Define the
    purpose.

  • Define the
    audience.

  • Identify the
    channel(s) of communication and why you selected that channel.



Write a 1,050- to 1,400-word strategic
objectives summary.  Include your balanced scorecard and its impact on all
stakeholders, and the communication plan.

 

Format paper
consistent with APA guidelines.

Click the Assignment Files tab to submit your
assignment.

 

 

BUS 475 Week
5 Peer Review Analysis

Instructions

Share drafts
of the Business Model and Strategic Plan, Part III Individual assignments from
Week 4 with all team members.



Continue reviewing 1 or 2 team member's drafts
and review as a team this week. By the end of this week, all team members'
papers should have been reviewed at least once.



Provide feedback that team members can
incorporate into their drafts.



Write a synopsis of no more than 350 words
summarizing what the team has learned from the review and discussion.

Click the
Assignment Files tab to submit your assignment.

 

 

BUS
475 Week 5 Final Business Model and Strategic Plan

Instructions

Resources: University
of Phoenix Material: Business Model and Strategic Planning Outline; Innovation
Business Model, Vision, Mission, Values; Supply and Value Chain; SWOTT
Analysis; Balanced Scorecard; Communication Plan

Write a
700- to 1,050-word section for your business model and strategic plan in which
you add your strategies and tactics to implement and realize your objectives,
measures, and targets.

Include marketing
and information technology strategies and tactics.

Develop at
least three methods to monitor and control your proposed strategic plan, being
sure to analyze how the measures will advance organizational goals financially
and operationally.

Explain the
ethical issues faced by the organization, summarize the legal and regulatory
issues faced by the organization, and then summarize the organization's
corporate social responsibility.

Develop a
350-word page executive summary defining the new division of existing business.
Share your Vision, Mission, final business model, value proposition and list
your key assumptions, risks, and change management issues. Quantify the growth
and profit opportunity and planned impact on various stakeholders.

Note: Any
investor should be eager to meet with you after reading your executive summary.

Using the
University of Phoenix Material: Business Model and Strategic Planning Outline
as a guide, combine Parts 1, 2, and 3 of your completed business model
strategic plan with your Final Business Plan Model assignment and Executive
Summary. This includes the Business Model, Vision, Mission, Values, SWOTT
Analysis, Supply Chain Analysis, Balanced Scorecard, and Communication Plan from
prior weeks. Your consolidated final strategic plan should be 4,200 to 5,250
words in length.

Format paper
consistent with APA guidelines.

Click the
Assignment Files tab to submit your assignment.

 

 

BUS 475 Week
5 Final Strategic Plan Presentation

Instructions

Create and Present your strategic plan. Use no more than
15 PowerPoint slides to explain the most important aspects of your plan
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