BUS 475 Capstone Final Exam Part 1 (100% Correct Answers)
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<strong>BUS</strong> <strong>475</strong> <strong>Capstone</strong> <strong>Final</strong><br />
<strong>Exam</strong>ination <strong>Part</strong> 1<br />
1. In the managerial function of __________, managers encourage and motivate<br />
workers to work toward organizational goals.<br />
a) organizing<br />
b) planning<br />
c) controlling<br />
d) leading
2. eBay.com is a vast auction site that is similar to a competitive market in<br />
some ways but differs from it in others. Which of the following describes how<br />
eBay resembles a competitive market?<br />
a) On eBay the large sellers dominate the market.<br />
b) Sellers sometimes do not describe the products accurately on eBay.<br />
c) There is a great variety of different products sold on eBay.<br />
d) It is easy to enter and easy to leave eBay.<br />
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<strong>Part</strong> 1 (<strong>100%</strong> Accurate)<br />
3. From the point of view of consumer surplus and producer surplus, what<br />
problem was created when Thailand subsidized the cost of energy to<br />
consumers to help alleviate the burden of higher energy costs?<br />
a) It encouraged the consumption of too much fuel at the expense of other<br />
goods.<br />
b) It has no effect; consumers gained consumer surplus, but taxpayers lost<br />
the same amount because they had to finance the subsidy.<br />
c) It hurt the poor and benefitted the rich.<br />
d) It led to less fuel being used than the amount that maximizes consumer<br />
surplus.
4. The following is an example of a moral value judgment:<br />
a) Keith Lewis must be a total flake.<br />
b) The senator dresses well.<br />
c) As an actress, Paris Hilton has a nice clothes rack.<br />
d) I don’t deserve to be flunked for an honest mistake.<br />
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5. Research on the five-stage model of group development shows that<br />
a) all groups pass through the norming stage.<br />
b) not all groups go through each of the stages.<br />
c) groups always pass through the stages in order.<br />
d) all groups pass through the adjourning stage.<br />
6. A standardized language used to manipulate data is<br />
a) Microsoft Access.<br />
b) a structured query language.<br />
c) Oracle.<br />
d) a data manipulation language.<br />
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7. Business communication is often more demanding than social<br />
communication because communication on the job is affected by<br />
a) desire to always advance and move up in an organization.<br />
b) the growing reliance on teamwork in business.<br />
c) personalities.<br />
d) politics.<br />
8. Communication is the process of<br />
a) listening actively.<br />
b) talking constantly.<br />
c) transferring information and meaning.<br />
d) writing messages.<br />
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9. Aggregate demand management policies are designed most directly to<br />
a) prevent budget deficits or surpluses<br />
b) control the aggregate level of spending in the economy<br />
c) minimize inflation<br />
d) minimize unemployment
10. What is a subjective statement?<br />
a) A statement that is fact<br />
b) A statement made true by someone thinking it is true<br />
c) A statement involving a subject<br />
d) A statement that pertains to a chapter in a book<br />
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11. Brenda Butler, editor of the Republican, is trying to decide whether to take a<br />
job at a much larger newspaper or to become the CEO and publisher of the<br />
Republican. Brenda has to make this decision because of ________.<br />
a) an opportunity<br />
b) a threat<br />
c) a problem<br />
d) bounded rationality<br />
12. The __________ as the number of levels in the organizational hierarchy<br />
increases.<br />
a) scope of influence expands<br />
b) span of control narrows<br />
c) span of control expands
d) scope of influence narrows<br />
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13. Why do some stores offer senior citizen discounts on Tuesdays?<br />
a) Senior citizens have more elastic demand schedules than do other<br />
shoppers.<br />
b) Senior citizens have less elastic demand schedules than do other<br />
shoppers.<br />
c) Most stores are perfect competitors in their geographic region.<br />
d) Senior citizens have perfectly inelastic demand curves, whereas other<br />
shoppers do not.<br />
14. What are the benefits of using IM in business communication?<br />
a) Less personal<br />
b) Ability to exclude those unable to use IM<br />
c) To maintain a quiet work environment<br />
d) Low cost<br />
15. Business environment pressures can come from which of the following?<br />
a) Management restructuring
) Quality control<br />
c) Political changes<br />
d) Cost reduction<br />
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16. The reliability of our observations is not better than the reliability of our<br />
____________.<br />
a) memories<br />
b) senses<br />
c) friends<br />
d) family<br />
17. Utilitarianism is<br />
a) an act that will produce less happiness than will alternatives, it is the<br />
right thing to do, and if it will produce more happiness, it would be<br />
wrong to do.<br />
b) an act that will produce more happiness than will alternatives, it is the<br />
right thing to do, and if it will produce less happiness, it would be wrong<br />
to do.<br />
c) an act that will produce more happiness than will alternatives, it is the<br />
wrong thing to do, and if it will produce less happiness, it would be right<br />
to do.
d) an act that will produce less happiness than will alternatives, it is the<br />
wrong thing to do, and if it will produce less happiness, it would be right<br />
to do.<br />
18. Refer to the graph shown. With efficient production, this firm can maximize<br />
production at what point?<br />
a) B<br />
b) C<br />
c) D<br />
d) A<br />
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19. A valid contract must<br />
a) use the title “Contract” at the top of the document<br />
b) be signed by all parties<br />
c) exist where all necessary legal elements for contract formation are<br />
present<br />
d) be entirely in writing<br />
20. “Fair use” is a defense to copyright infringement that<br />
a) is available in all countries.
) is non-statutory.<br />
c) requires findings by a court.<br />
d) is absolute.<br />
21. One of the advantages of a server farm is that<br />
a) servers can be stacked on top of one another, so less space is needed.<br />
b) servers last longer in a server farm.<br />
c) more people are required to maintain servers in a server farm.<br />
d) if one server fails, an application can be automatically moved to another<br />
one.<br />
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22. Remedies for a contract breach may include<br />
a) consequential damages.<br />
b) no consideration of cost to the breaching party or parties.<br />
c) punitive damages.<br />
d) imprisonment and fines.<br />
23. The reason economists and accountants have problems using cost analysis in<br />
the real world is that
a) although implicit costs do not show up in accounting profits, they<br />
nevertheless affect managerial decisions.<br />
b) although explicit costs do not show up in accounting profits, they<br />
nevertheless affect managerial decisions.<br />
c) explicit costs cannot be measured.<br />
d) economists do not believe in the existence of explicit costs.<br />
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2<br />
24. Which of the following is an ethical issue?<br />
a) Business Process Reengineering<br />
b) Accuracy Question Source<br />
c) Sales tax formulas<br />
d) Software coding<br />
25. Personality within an individual typically evolves ________.<br />
a) when an individual changes jobs<br />
b) relatively quickly<br />
c) at no point during a lifetime<br />
d) over approximately 25 years
26. What are some rhetorical devices used in persuasive messages?<br />
a) Biases<br />
b) Syllogisms<br />
c) Stereotypes<br />
d) Memories<br />
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<strong>Part</strong> 1 and <strong>Part</strong> 2 (Combo)<br />
27. The Administrative Procedures Act<br />
a) provides for uniform procedural structures in regulatory agencies.<br />
b) establishes regular order in congressional committees.<br />
c) provides due process standards for the Judiciary Branch.<br />
d) applies to the Judiciary Branch.<br />
28. In a relational database, the customer record contains information regarding<br />
the customer’s last name. The last name is a(n):<br />
a) entity<br />
b) relation<br />
c) attribute<br />
d) primary key
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29. What way can you build credibility with an audience when planning a<br />
persuasive message?<br />
a) Use simple language.<br />
b) Use difficult language.<br />
c) Use descriptive language.<br />
d) Use hostile language.<br />
30. Which of the following groups would be most likely to benefit from a tariff<br />
on Japanese-manufactured light trucks (i.e., pickup trucks)?<br />
a) U.S. consumers of pickup trucks<br />
b) Japanese auto workers<br />
c) U.S. domestic pickup truck manufacturers<br />
d) U.S. firms that export products to Japan<br />
31. What type of data visual would you use to illustrate trends over time?<br />
a) Line chart<br />
b) Gantt chart<br />
c) Bar graph
d) Scatter diagrams<br />
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32. Which of the following is a wireless technology?<br />
a) Fiber-optic connections<br />
b) 4 G applications<br />
c) Typical cable modem to router communication link<br />
d) Communication between a modem and a router<br />
33. Our most reliable source of information about the world is<br />
a) the Internet.<br />
b) our own observations.<br />
c) Facebook.<br />
d) cable news.<br />
34. Business ethics may be defined as<br />
a) minimizing decisions having potentially adverse consequences for<br />
business stakeholders<br />
b) taking an expedient approach to any business situation<br />
c) doing what is most advantageous for the business
d) a consciousness of what is right or wrong in the workplace<br />
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35. During an organizational confrontation meeting, __________ meet to<br />
confront the issue of whether the organization is effectively meeting its<br />
goals.<br />
a) employees from all organizational levels<br />
b) all of the managers of the organization<br />
c) external and internal change agents<br />
d) members of the top management team<br />
36. An argument consists of two parts:<br />
a) the point and the conclusion<br />
b) the fact and the rebuttal<br />
c) the premise and the conclusion<br />
d) the subject and the outcome<br />
37. How do you keep the audience’s attention?<br />
a) Relate your subject to your audience’s needs<br />
b) Offer a reward
c) Use confusing language<br />
d) Talk about yourself<br />
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38. __________ are part of the elements of creativity?<br />
a) Listening skills<br />
b) Thinking skills<br />
c) Domain skills<br />
d) Athletic skills<br />
39. Administrative law primarily stems from<br />
a) the Executive Branch.<br />
b) common law decisions of courts.<br />
c) the Judicial Branch.<br />
d) the Legislative Branch.<br />
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<strong>Part</strong> 2 (Combo)<br />
40. Suppose that at the current price consumers would like to purchase 10<br />
million large-screen televisions and 15 million are available. When the
market coordinates the demand and supply for large-screen televisions, the<br />
price of large-screen televisions will _______________.<br />
a) stay the same<br />
b) rise<br />
c) fall<br />
d) be fixed by government<br />
41. Laura has dreamed of playing in a symphony. She practices her instrument<br />
every day and yet, year after year, she cannot successfully play the difficult<br />
musical piece necessary to try out. This is an example of<br />
a) extrinsic motivation outweighing intrinsic motivation.<br />
b) motivation being the main factor in performance.<br />
c) motivation not equaling performance.<br />
d) vicarious learning being of upmost importance.<br />
42. What are the three major steps in the writing process?<br />
a) Prepare, Write, and Complete<br />
b) Plan, Write, and Complete<br />
c) Plan, Construct, and Complete<br />
d) Prepare, Construct, and Stop
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43. Transactional leaders motivate followers by<br />
a) inducing followers to support their vision.<br />
b) inspiring them with charismatic behavior.<br />
c) exchanging rewards for good performance.<br />
d) overlooking mistakes or substandard performance.<br />
44. A(n) _____________________ allows unauthorized entry into a wireless<br />
network.<br />
a) rogue access point<br />
b) cloud server<br />
c) disgruntled employee<br />
d) lack of encryption<br />
45. What does quality of hire mean?<br />
a) On a 1–10 scale, the hire is a 10<br />
b) How good an employee is at getting hired<br />
c) A measure of how a new employee is hired<br />
d) A measure of how closely new employees meet the company’s needs
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46. Critical to the systems development life cycle is<br />
a) the identification of the time of year it is developed.<br />
b) seeing what competitors provide.<br />
c) the identification of the price charged to other customers.<br />
d) knowing the customer’s goals and objectives.<br />
47. A socially responsible company<br />
a) is only concerned with shareholder value.<br />
b) is concerned with its economic and social value and environmental<br />
impact.<br />
c) constantly strives to reduce labor and material costs wherever possible.<br />
d) primarily seeks to enhance executive compensation.<br />
48. One of the principal roles of the Judiciary is<br />
a) to resolve disputes.<br />
b) to provide the other branches of government with legal counsel.<br />
c) to issue common law writs.
d) to issue injunctions and related orders.<br />
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<strong>Exam</strong>ination <strong>Part</strong> 2<br />
49. A nation's comparative advantage in the production of an item is determined<br />
by<br />
a) which country has already specialized in the production of the item.<br />
b) the opportunity cost of producing the item relative to a trading partner’s<br />
opportunity cost.<br />
c) the total and marginal costs of producing the item.<br />
d) wage rates and other input costs.<br />
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<strong>Final</strong> <strong>Exam</strong>ination <strong>Part</strong> 1<br />
50. According to Keynes, why might deflation create problems for an economy?<br />
a) People would invest less into the economy.<br />
b) In expectation of increased spending, too many entrepreneurs would<br />
begin businesses and most would fail.<br />
c) Consumers might expect prices to fall further and cut back consumption<br />
now.
d) The cost of repricing goods would increase costs, and therefore reduce<br />
profits, for businesses and they would cut production.<br />
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<strong>BUS</strong> <strong>475</strong> Week 1 Knowledge Check<br />
<strong>BUS</strong> <strong>475</strong> Week 2 Knowledge Check<br />
<strong>BUS</strong> <strong>475</strong> Week 4 Knowledge Check<br />
<strong>BUS</strong> <strong>475</strong> <strong>Capstone</strong> <strong>Final</strong> <strong>Exam</strong>ination <strong>Part</strong> 1 (<strong>100%</strong> Accurate)<br />
<strong>BUS</strong> <strong>475</strong> <strong>Capstone</strong> <strong>Final</strong> <strong>Exam</strong>ination <strong>Part</strong> 2<br />
<strong>BUS</strong> <strong>475</strong> <strong>Capstone</strong> <strong>Final</strong> <strong>Exam</strong>ination <strong>Part</strong> 1 and <strong>Part</strong> 2 (Combo)<br />
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