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...