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Questions in business
๐ Answered - This โnetiquetteโ rule for electronic communications on the network requires that official correspondence be kept in your organizationโs approved file structure. It also states that organizations dictate how e-mails in their mailbox should be handled. This statement BEST summarizes which of the following rules that govern the use of modern communication? A. Keep your e-mail under control B. Use proper format for official e-mail C. Use of organizational e-mail accounts
๐ Answered - Which of the following usually requires a fee? A. college application B. campus visit C. talking to an admissions officer D. in-state tuition
๐ Answered - Review the following situations and record the journal entries for Mequon's Boutique. | Transactions | | :-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | May 10 | Mequon's Boutique purchases $2,400 worth of merchandise with cash from a manufacturer. Shipping charges are an extra $130 cash. Terms of the purchase are FOB Shipping Point. | | May 14 | Mequon's Boutique sells $3,000 worth of merchandise to a customer who pays with cash. The merchandise has a cost to Mequon's of $1,750. Shipping charges are an extra $150 cash. Terms of the sale are FOB Shipping Point. | Journal entries: | | | | | | :------ | :- | :- | :---------------------------- | | May 10 | | | | | | | | | | | To record purchase. | | | | May 10 | | | | | | | | | | | To record shipping charges. | | | | May 14 | | | | | | | | | | | To record sale with cash. | | | | May 14 | | | | | | | | | | | To record cost of sale. | | |
๐ Answered - Jessa works for a wealth management firm. She discloses a client's confidential information publicly. This action is an example of a: A) business ethics violation B) low-trust relationship C) conflict between personal and corporate values D) failure to be transparent E) rationalization of unprofessional practices
๐ Answered - 4. Give three (3) known families who owned the big Corporations in the Philippines. A. B. C. 5. Give three characteristics of an Entrepreneur. A. B. C.
๐ Answered - What is a marketing tactic where a store advertises a popular item at a discount but has very limited stock, hoping to sell customers different, less-desired items? A. Broad sale B. Trial and error C. Consumer discount D. Decoy pricing
๐ Answered - What best describes consumer decision-making? a. The process of consumers buying products without any thought b. The financial analysis consumers perform for all purchases c. The criteria businesses use to price their products d. The process shoppers go through before, during, and after making a purchase
๐ Answered - Generally, plans with lower monthly premiums have higher deductibles. True False
๐ Answered - Which is NOT a benefit of effective logistics management? A. Optimized product costs B. Reduced delivery time C. Improved customer satisfaction D. Enhanced inventory management
๐ Answered - Evaluate the effectiveness of a local staffing strategy for a global firm. What is a major drawback? Options: - High expatriate cost - Limited local insight - Reduced cultural integration - Possible disconnect with headquarters
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