DeVry BUSN 115 Week 2 Quiz – Latest

DeVry BUSN 115 Week 2 Quiz – Latest

DeVry BUSN 115 Week 2 Quiz – Latest

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1. (TCO 1) A(n) _____ is a framework of how a business intends to generate revenue. (Points : 5)
business model
strategic management tool
profitability analysis
competitive advantage
entrepreneurial mindset


Question 2. 2. (TCO 1) The _____ function of an organization coordinates the incoming flow of materials and the outgoing flow of finished products. (Points : 5)
finance
logistics
human resource
purchasing
sales


Question 3. 3. (TCO 1) _____ audit the financial reports of public companies as required by law. (Points : 5)
Internal accountants
External auditors
Credit managers
Management accountants
Forensic accountants


Question 4. 4. (TCO 1) _____ is defined as having two consecutive quarters of decline in the country's gross domestic product. (Points : 5)
Deflation
Stagnation
Immobilism
Stagflation
Recession


Question 5. 5. (TCO 1) _____ unemployment is the natural movement of workers into and out of jobs, such as when a person quits one job without first lining up a new job. (Points : 5)
Structural
Intrinsic
Frictional
Cyclical
Seasonal


Question 6. 6. (TCO 1) ________ taxes, levied on the earnings of individuals and businesses, are the government's largest single source of revenue. (Points : 5)
Income
Property
Sales
Excise
Payroll


Question 7. 7. (TCO 1) _____ is the process of influencing and motivating people to work willingly and effectively toward common goals. (Points : 5)
Organizing
Leading...

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