Saturday, June 5, 2021

Business Administration Core Exam Answers


  • The warehouse managers couldn't explain what type of clothing was in the boxes and crates or how long the boxes and crates had been sitting in their present locations. But it looked like they had been there for quite some time, as they were covered...
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  • Performance indicators for this exam are at the prerequisite and career-sustaining levels. A descriptive test key, including question sources and answer rationale, has been provided the DECA chartered association advisor. Each individual test item...
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  • Joint proprietorship is not a form of business ownership. B Government publications. Regardless of whether you are writing a report, preparing for a debate, or simply learning something new for the fun of it, identifying and reading sources that provide relevant, valid information about the subject at hand is very important. If you don't use relevant, valid information, you may write, say, or learn something that is misleading or untrue. A number of criteria are commonly used to determine if certain written materials are relevant and valid. These criteria include the author's credibility, the date of publication, the publisher, etc. For instance, if you are researching federal legislation such as copyright law, you are most likely to read relevant, valid information in government publications. The government writes and enforces copyright law and other federal legislation, so government publications about these laws are most likely to be timely, accurate, complete, and on topic.
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  • People commonly express their opinions, not facts, in online discussion forums. Search engines are software programs that automatically crawl the Web looking for information pertaining to specified search terms and display a list of results. The search engines themselves do not contain information about federal legislation; they direct you to other websites some good and some not so good about federal legislation such as copyright law. Political blogs typically reflect the opinions of their writers, so their information may or may not be relevant or valid. How to properly research on the Internet. Retrieved July 17, , from 3. B The use of company property. Businesses often develop employee handbooks, which provide information about their general policies and procedures. Employee handbooks are usually given to new employees when they are hired.
    Link: https://quizlet.com/17401214/career-development-final-exam-flash-cards/
  • Often, corporations post their annual reports on the company's website. Employee handbook. Retrieved July 17, , from 4. A Past experiences. People's past experiences may influence how well they listen because they think they already know the answer or understand the explanation. Effective listeners try to block out past experiences and focus on what the speaker is saying. Age differences, attention span, and language skills are other factors that may affect how well people listen.
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  • Speaking for success 2nd ed. People can change the meaning of their words by changing their tone of voice. For example, the same words can be a request or a command depending upon the tone used to deliver them. Tempo is the rate of speed or rhythm the speaker uses. Economy of speech is using as few words as possible to express an idea. Accuracy refers to the correctness of the message. Communicating for success 3rd ed. C Conducting research about the company prior to the interview.
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  • From the research, Shawn can write a few questions that directly relate to the company or its industry. Even though additional questions may come up during the interview, it is always best to be prepared with relevant questions based on research. It is important that Shawn confirms that the questions are relevant by researching them himself instead of taking his friends' or anyone else's advice. Questions about the interviewer's personal life are not relevant to the job interview. Working 4th ed. D Follow up with the customer after obtaining the requested information. When employees do not know the answer to their customers' questions, they should take steps to get the answers. This often involves researching the problem or issue. The nature of the inquiry determines if literature should be sent to the customer or if another employee or manager should answer the customer's inquiry.
    Link: https://iasbaba.com/2021/03/daily-current-affairs-ias-upsc-prelims-and-mains-exam-16th-march-2021/
  • For example, a question about a bill may be better answered by an accounts-receivable employee than a purchasing agent. And, in this situation, it would be inappropriate to send product information. Marketing dynamics 3rd ed. A Employees process information differently. Because there are different ways that people process information, it is important to consider those differences when providing employees with verbal directions. For example, audio learners are more comfortable with sound and dialog, so when giving directions, it is beneficial to speak clearly and use terminology that the listeners can relate to. Sometimes this involves using a metaphor or simile to make a point. Diagrams and pictures are often useful when providing directions to visual learners.
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  • For learners who are motion-oriented, demonstrating the activity often reinforces the verbal explanation and makes it easier for employees to understand. This might include an actual demonstration or a video of a demonstration. It's always a good idea to ask the employees if they understand the directions because they may be too embarrassed to ask questions even if they are confused.
    Link: https://support.digiexam.se/hc/en-us/articles/360011727154-Add-Text-to-speech-languages-on-Chromebooks-with-managed-environments
  • Presenting the directions in reverse order may confuse the employees. How to give better instructions. Retrieved July 17, , from 9. D Logical evidence. Being prepared will help individuals remain objective and able to offer logical evidence to back up their ideas. They should be prepared to explain supporting information because others may have questions or concerns about the ideas. Using logical evidence, such as related statistics or facts, will help individuals defend their ideas because they are relying on valid evidence rather than personal opinions.
    Link: https://at.csn.edu/documents/physical-exam-form
  • Individuals who defend their ideas objectively do not use emotional information, personal opinions, or unrelated statistics. Enunciating clearly involves speaking clearly and distinctly, which makes the message easy for the listener to follow. The message may not be clear if employees mumble or speak rapidly. It is sometimes useful to have notes when speaking on the telephone, but it is not always necessary. Other guidelines to follow are to use appropriate vocabulary and to avoid using an excessive amount of "filler" words, such as "um" and "uh. B Be accurate. When you state a fact, it's important to be accurate. Make sure you can support your statement. Don't generalize. Stating a fact is not usually about thinking before you speak as in stating an opinion or about changing your mind as in hearing a fact stated by another person. C Listen carefully. Brooke must listen to the speaker so she can identify the key points that she wants to write down. By noting the key points, Brooke will be able to refer the most important information when she needs it later.
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  • Effective note-taking does not involve answering questions or expressing opinions. Brooke might need her notes to develop a briefing, which is a summary of important information or instructions. Evaluate your present note-taking system: Guidelines for note-taking. A Flowchart. Some graphics that are used in business reports are textual text-oriented because their content is presented in the form of words and numbers. An example of a textual graphic is a flowchart that presents the sequence of activities in a process. A common flowchart is an organizational chart that depicts the hierarchy of positions and departments within an organization.
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  • Pictographs, maps, and pie charts are considered visual graphics rather than textual graphics. Although they may contain some words and numbers, they also contain visuals such as bars, columns, and drawings. Business communication today 9th ed. D All the necessary information. When preparing written communication, one of the most important rules is to be thorough and provide all the necessary information because the receiver may not have the opportunity to ask questions in person.
    Link: https://sicerts.com/icc-commercial-mechanical
  • What are some common ethical types? Why do business people need it? Can ethics be taught to people? It is a study of theories concerning what is good and evil in human conduct. There is no particular set of laws defining what is ethical and what is not, because there is no right or wrong answer. The second sense of ethics speak of Identify and briefly describe the three forms of the efficient market hypothesis.
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  • The three forms of the efficient market hypothesis EMH are: The weak form. The weak form asserts that current stock prices fully reflect all available security market data The semi strong form. The semi strong form of the EMH asserts that public security prices fully reflect all information including security market data. The strong form. The strong form of the EMH asserts that One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability. One of the advantages of the corporate form of organization is that it avoids double taxation. One of the advantages of a Describe three of the of the tests you can use to enable ethical decision-making Are we rationalising: Identify Internal expansion involves a normal increase in business resulting from increased demand for products and services, achieved without acquisition of preexisting firms.
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  • Some companies expand internally by undertaking new product research to expand their total market, or by attempting to obtain a greater share of a given market through advertising and other promotional activities. Marketing can also be expanded into new geographical areas. External expansion is the bringing together An item which may be converted to cash within one year or one operating cycle of the firm is classified as a A current liability. B long-term asset. D long-term liability. Which account represents the cumulative earnings of the firm since its formation, minus dividends paid? A Paid-in capital B Common stock C Justify your answer with references to organisations and industries that you know. Demographic change is the studies of a population based on factors such as age, race, sex, and economic status, level of education, income level and employment.
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  • At this stage I agree that demographic Has multiple dimensions. Appellate jurisdiction — the authority of a court to review a prior decision in the same case but made by another court Original jurisdiction — the authority of a court to hear and decide a dispute in the first instance Trial courts Supreme court of the US is in some instances an original jurisdiction court Treaties is an example of when supreme court Personal jurisdiction — inpersonam Life peers make up the majority of the House of Lords
    Link: https://studocu.com/en-au/document/university-of-new-south-wales/accounting-1/past-exams/exam-2015-questions-and-answers/1202213/view
  • About MBA in Finance MBA in Finance is a post-graduation program that deals with managing the accounts and finances of companies for them to reach certain financial goals. MBA Finance courses are evolving more than ever and are meeting the ever-growing demand in both the financial and the corporate sectors. With a core curriculum of MBA Finance subjects such as Financial Accounting, Economics, Financial Marketing, Operations, as well as Elective Course that allow participants to follow their own personal or professional interests. MBA Finance prepares students for the top financial positions in a company. Why MBA Finance? Apart from the fact that a degree in finance would lead us to lucrative jobs in the banking and financial sectors in india and globally, there are several reasons as to why one should pursue MBA Finance. Finance is omnipresent: A degree in MBA Finance would help you make a career in any field of employment,no matter which industry it is, finance is the core of every industry.
    Link: https://300hours.com/f/cfa/level-3/topic/level-3-am-exam-question/
  • A unique opportunity: Career in finance can be intimidating for many, so if you want to stand out from the rest, a managerial degree in finance is a good place to start Work in an ever-growing industry: With the advancement of technology the finance industry has grown beyond traditional big tanks. Explore varied financial sectors: The financial industry is booming without any doubt, which means students pursuing MBA in Finance can look forward to make careers in brokerage firms, commercial and investment banking, corporate management, International Financial Management, Financial Planning service etc.
    Link: https://youtube.com/watch?v=zQlcbz94sv4
  • Individuals with high leadership capabilities should have a try in MBA Course Students who have planned their future in the financial sector can definitely join the MBA Finance course for a specialization in this field. Almost any student and working professional can do MBA Finance Full time or Part time according to their convenience, this way it makes it easy for them with less money and time to avail this course. When to do an MBA Finance?
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  • MBA Finance is like an Investment, and like all other investments this too needs time to nurture itself to give a fulfilling result and growth. Pursuing MBA Finance just after completion of Graduation with no relevant work experience will fetch no noteworthy benefits. However with sufficient work experience and knowledge of the industry pursuing an MBA Finance course would prove to have a fruitful result. Due to the excessive-high demand and its worth MBA Finance has over the years become an expensive course to study.
    Link: https://in-answers.com/english/question32301428
  • Students who know they can afford the course should study MBA Finance. MBA Finance Syllabus must be taken seriously as it requires full concentration on the part of the student. Types of MBA Finance.
    Link: https://study4sure.com/exams/junior-health-inspector-kpsc/sample-questions/kpsc-junior-health-inspector-exam-2018-code-452018ol.php
  • A stakeholder can be a person, an organization, a social group or a society at large that has a stake in a business where stake is an essential interest in the business or its activities. It can include ownership and property interests, legal interests and obligations, and moral rights. Is management a science or an art? Management is considered as both a science and an art as sometimes it fulfills the features present in science and sometimes it does the same for arts. Management as an art fulfills the following characters — - Practical Knowledge: A manager should know how to apply various principles in practical situations.
    Link: https://genealogy.stackexchange.com/questions/2269/how-do-i-plan-a-research-trip

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