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BUS _475 Final Exam In a network diagram, an activity

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Question;BUS _47551);In a network diagram, an activity;A. must always have a single, precise estimate;for the time duration.;B. should always be something the company has;had experience with.;C. is the largest unit of work effort consuming;both time and resources that a project manager can schedule and control.;D. is the smallest unit of work effort;consuming both time and resources that a project manager can schedule and;control.;52);Suppose the estimated quadratic model Yt = 500 + 20 t - t2 is the best-fitting;trend of sales of XYZ Inc. using data for the past twenty years (t = 1, 2,..;20).;Which;statement is incorrect?;A. Sales are increasing by about 20 units per;year.;B. The turning point would be in period 10.;C. The trend was higher in year 10 than in year;20.;D. Latest year sales are no better than in year;zero.;53);Which of the following statements is correct?;A. Advances in information technologies have not;affected individual privacy;B. An individual?s right to privacy is absolute;C. It is difficult to determine and enforce;privacy regulations;D. An individual?s right to privacy supersedes;the needs of society;E. The Internet has increased individuals?;privacy;54);The Global, Web-Based Platform enables individuals to do which of the;following?;A. produce and sell goods and services;B. connect, compute, communicate, collaborate;and compete everywhere and all the time;C. access information, services, and;entertainment;D. exchange knowledge;E. all of these are true;55);It is very difficult to manage data for which of the following reasons?;A. data security is easy to maintain;B. amount of data stays about the same over;time;C. data are scattered throughout organizations;D. decreasing amount of external data needs to;be considered;E. data are stored in the same format;throughout organizations;56);Success in the _____ phase of the decision making process results in resolving;the original problem, and failure leads to a return to previous phases.;A. implementation;B. choice;C. design;D. intelligence;E. consideration;57);When customers access a Web site and make purchases, they generate __________.;A. Web data;B. Tracking cookies;C. Information;D. Clickstream data;E. Hyperlink data;58);is the efficient and effective execution of specific tasks.;A. Expertise;B. Operational control;C. Management control;D. Strategic planning;E. Wisdom;59);Geocoding is __________.;A. integrating organizational transactions with;spatially oriented databases;B. integrating maps with spatially oriented;databases and other databases;C. encrypting spatial information;D. accessing geographical information;E. programming spatially oriented databases;60);Information-based industries are most susceptible to which one of Porter?s five;forces?;A. threat of substitute products;B. bargaining power of suppliers;C. bargaining power of customers;D. rivalry among existing firms in an industry;61);International Game Technology?s new ERP system produced all of the following;benefits except;A. The company gained flexibility in;manufacturing products;B. Integrated the company?s business functions;C. Company was able to maintain its original;business processes;D. ERP system connected the company?s global;operations;E. Operations employees were able to access;manufacturing process details at their workstations;62);Credit card companies would most likely use which of the following to check for;fraudulent credit card use?;A. Data mining;B. Expert systems;C. Neural networks;D. Multidimensional data analysis;E. Structured query language;63);A machine costs $1,000, has a three-year life, and has an estimated salvage;value of $100. It will generate after-tax annual cash flows (ACF) of $600 a;year, starting next year. If your required rate of return for the project is;10%, what is the NPV of this investment? (Round your answerwer to the nearest;$10.);A. $570;B. $900;C. -$150;D. $490;64);Your company is considering an investment in a project which would require an;initial outlay of $300,000 and produce expected cash flows in Years 1 through 5;of $87,385 per year. You have determined that the current after-tax cost of the;firm?s capital (required rate of return) for each source of financing is as;follows;Cost;of debt 8%;Cost;of preferred stock 12%;Cost;of common stock 16%;Long-term;debt currently makes up 20% of the capital structure, preferred stock 10%, and;common stock 70%. What is the net present value of this project?;A. $871;B. $1,241;C. $1,568;D. $463;65);The common stockholders are most concerned with;A. the size of the firm?s beginning earnings;per share.;B.;the risk of the investment.;C. the spread between the return generated on;new investments and the investor?s required rate of return.;D. the percentage of profits retained;66);Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2;1/2% of its par value. Par value of TSP preferred stock is $100 per share. If;investors? required rate of return on this stock is 15%, what is the value of;per share?;A. $15.00;B. $16.67;C. $6.00;D. $37.50;67);Which of the following is most consistent with the hedging principle in working;capital management?;A. Fixed assets should be financed with;short-term notes payable.;B. Inventory should be financed with preferred;stock.;C. Accounts receivable should be financed with;short-term lines of credit.;D. Borrow on a floating rate basis to finance;investments in permanent assets.;68);At what rate must $400 be compounded annually for it to grow to $716.40 in 10;years?;A. 5%;B. 7%;C. 8%;D. 6%;69);PepsiCo calculates unlevered betas for each peer group in order to;A. eliminate competitive factors.;B. eliminate judgment factors.;C. eliminate different financial risks.;D. eliminate different business risks.;70);According to the hedging principle, permanent assets should be financed with;liabilities.;A. spontaneous;B. current;C. fixed;D. permanent;71);Bondholders have a priority claim on assets ahead of;A. shareholders.;B. investors;C. creditors.;D. common and preferred stockholders.;72);Which of the following represents an attempt to measure the earnings of the;firm?s operations over a given time period?;A. Balance sheet;B. Income statement;C. Quarterly statement;D. Cash flow statement;73);Given the following annual net cash flows, determine the IRR to the nearest;whole percent of a project with an initial outlay of $1,520.;Year Net;Cash Flow;1 $1,000;2 $1,500;3 $;500;A. 48%;B.;32%;C. 28%;D. 40%;74);Bell Weather, Inc. has a beta of 1.25. The return on the market portfolio is;12.5%, and the risk-free rate is 5%. According to CAPM, what is the required;return on this stock?;A. 20.62%;B. 14.37%;C. 15.62%;D. 9.37%;75);You hold a portfolio with the following securities;Security Percent of Portfolio Beta Return;X;Corporation 20% 1.35 14%;Y;Corporation 35%.95 10%;Z;Corporation 45%.75 8%;Compute;the expected return and beta for the portfolio.;A. 10.67%, 1.02;B. 34.4%,.94;C. 9.9%,.94;D. 9.9%, 1.02;76);The managerial process of developing and maintaining a match between the;resources of an organization and its market opportunities is called;A. marketing programming.;B. strategic (management) planning.;C. market planning.;D.;marketing strategy planning.;E. management by objective.;77);Analysis of demographic dimensions;A. considers income and sex, but not age.;B. can be used along with analysis of other;dimensions to identify attractive target markets.;C. only considers age.;D. is the most effective way to identify unmet;consumer needs.;E. is the most important step to successful;segmentation.;78);When evaluating macro-marketing;A. the best approach is to consider the profit;generated by individual firms within the overall system.;B. one must consider each individual firm's;role in the marketing system.;C. one must consider the society?s role in the;marketing system.;D. one must determine how efficiently the;society's resources are used.;E. the evaluation is necessarily subjective.;79);Marketing strategy planning" means;A. finding attractive opportunities and;selecting a target market.;B. selecting an attractive marketing mix.;C. selecting a target market and developing a;marketing strategy.;D. selecting an attractive target market.;E. finding attractive opportunities and;developing profitable marketing strategies.;80);is a marketing management aid which refers to how customers think;about proposed and/or present brands in a market.;A. Customer relationship management (CRM);B. Market segmentation;C. Brand familiarity;D. Positioning;E. Market scanning;81);When doing "positioning," a marketing manager should;A. exclusively use focus groups.;B. plan physical product changes rather than;image changes.;C. avoid targeting strategies.;D. focus on specific product features of all;generic competitors.;E. rely on how customers think about proposed;and/or existing brands in a market.;82);In comparison to the buying of final consumers, the purchasing of;organizational buyers;A. is always emotional.;B. is even less predictable.;C. is strictly economic and not at all;emotional.;D. is always based on competitive bids from;multiple suppliers.;E. leans basically toward economy, quality, and;dependability.;83);The clustering techniques that can be used in segmenting;A. looks for differences between groups of;people.;B. group people together based on age.;C. eliminate the need for management intuition;and judgment.;D. group people together into heterogeneous;product-market segments.;E. try to find similar patterns within sets of;data.;84);A firm's "marketing mix" decision areas would NOT include;A. Place.;B. Product.;C. Promotion.;D. People.;E. Price.;85);Comparing GDP for foreign countries can help a marketing manager evaluate;potential markets if the manager remembers that;A. Other countries most likely don?t use the US;Dollar as their primary currency.;B. GDP measures show the degree of competition;in a market.;C. GDP measures show people's tendency to buy;particular products.;D. income tends to be evenly distributed among;consumers in most countries.;E. GDP estimates may not be very accurate for;very different cultures and economies.;86);Regarding organizational buying, the people who have the power to select or;approve the supplier--especially for larger purchases--are called;A. users.;B. gatekeepers.;C. influencers.;D. deciders.;E. buyers.;87);Clustering techniques applied to segmenting markets __________.;A. is time consuming and expensive;B. remove the need for managerial judgment;C. eliminate the need for marketing managers to;specify in advance what dimensions might be relevant for grouping consumers;D. usually require computers to group people;based on data from market research;E. doesn?t apply to demographic data;88);Justin was hired in February of 2004 as a salesperson. There is no written;employment contract, and Justin is paid on a commission basis. Justin?s manager;has said to Justin on several occasions that if Justin continues to meet his;sales quotas, that the company ?will keep him around for a long time.? Justin;has always met his sales quotas, but is told one day that they have decided to;replace him because he does not project the image that the company wants. If;Justin is an at-will employee, which of the following is true?;A. The statements by the manager could likely;give Justin contract rights that could amount to an exception to the at-will;doctrine.;B. Because there is no written employment;contract, the employer can terminate Justin.;C. The employer can terminate Justin only if;the employer would suffer a loss by not terminating him.;D. As an at will employee, there are no;restrictions on the employer terminating Justin.;E. The employer would not be able to fire;Justin on the basis of public policy.;89);Which of the following is correct about litigating commercial disputes?;A. Businesses generally dislike the concept of;specialized trail courts for commercial disputes because the large numbers of;consumers who sue businesses in these courts have led the judges to become;generally biased against business.;B. Commercial disputes, because of their;specialized nature, are first heard at the appellate court level.;C. A few states have established specialized;trial courts for commercial disputes.;D. Nearly all states have specialized trial;courts that hear commercial disputes.;E. In all states, commercial disputes must be;heard in a limited-jurisdiction court.;90);Which article of the United States Constitution deals with the judicial power;of the federal government?;A. Article IV.;B. Article II.;C. Article III.;D. Article I.;E. Article V.;91);Mary arrived at work one day, and her boss said to her, ?That?s the ugliest;dress I have ever seen. Because you wore that to work today, you are fired.?;Assuming that Mary is an at-will employee, which of the following is true?;A. Mary can be fired only if it is in the best;interest of the employer.;B. Mary can be fired for any reason.;C. If Mary has the will to work, she cannot be;fired without cause.;D. If none of the exceptions to the at-will;rule apply, Mary can be fired.;92);Which of the following is true about the Sherman Act?;A. A business can be liable under either;Section 1 or Section 2 without any agreement with another party.;B. Liability under Section 1 for restraint of;trade requires agreement with another party, but liability under Section 2 for;monopolization does not.;C. Liability under Section 2 for monopolization;requires agreement with another party, but liability under Section 1 for;restraint of trade does not.;D. Liability under either Section 1 or Section;2 requires agreement with another party.;93);If the value of the collateral is less than the debt owed to the secured party;then;A. The secured party gets to take some other;property as collateral so his entire debt is secured.;B. The secured party is unsecured for the;excess of debt over the value of the security.;C. The secured party loses the excess of debt over;the value of the security.;D. The secured party is still secured for the;entire debt owed him.;E. The secured party is unsecured for the;entire debt.;94);If you are a creditor, your best protection in the event of the debtor?s;bankruptcy (including protection from the debtor?s other creditors) is usually;obtained if you had previously received;A. A security interest granted by the debtor.;B. A written promise from the debtor to pay the;debt as agreed.;C. Audited financial statements of the debtor.;D. The debtor?s agreement to pay you first.;95);Which of the following terms is not required to be disclosed under the;Truth-in-Lending Act?;A. The amount of attorneys fees to be charged;if legal action is needed to collect the debt.;B. The number of payments.;C. The amount of late charges or delinquency;penalties.;D. The date the finance charge begins to;accrue.;E. The annual percentage rage of interest.;96);Which of the following lists, in descending priority, of sources considered by;mostcourts in settling questions of international law?;A. Conventions, comity, customs, general;principles of law;B. Conventions, treaties, comity, customs;C. Treaties, customs, conventions, comity;D. Treaties, customs, general principles of;law, judicial decisions and teachings;E. Treaties, customs, conventions, comity;97);Generally speaking, the contract of a minor;A. Is void.;B. Is not enforceable by the minor.;C. Is voidable at the minor?s option.;D. Must be in writing.;98);Although the U.S. has had a longstanding agreement with _____ after the passage;of NAFTA, _____ became the United States' second largest trading partner.;A. Mexico, Canada;B. Mexico, Venezuela;C. Great Britain, Paraguay;D. Canada, Mexico;E. Canada, Venezuela;99);One study found that manufacturing labor costs about _____ an hour in China;compared to _____ dollars in the United States.;A. Less than $1, about 25;B. $2, about 25;C. Less than $1, about 40;D. About $2, about 15;E. Less than $1, about 15;100);Which country does the text describe as becoming the largest producer and;consumer of many of the world's goods?;A.;Mexico;B. China;C.;Ecuador;D.;Canada;E. Japan

 

Paper#40581 | Written in 18-Jul-2015

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