{"id":228085,"date":"2018-09-17T09:12:12","date_gmt":"2018-09-17T09:12:12","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/17\/mgt-465-final-exam-guide\/"},"modified":"2018-10-24T08:50:11","modified_gmt":"2018-10-24T08:50:11","slug":"mgt-465-final-exam-guide","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/mgt-465-final-exam-guide\/","title":{"rendered":"MGT 465 Final Exam Guide"},"content":{"rendered":"<p>1. Return\u00a0on\u00a0sales\u00a0is\u00a0also\u00a0known\u00a0as:\u00a0(Chapter\u00a07)\t\u00a0\t2. One\u00a0way\u00a0for\u00a0a\u00a0business\u00a0to\u00a0raise\u00a0the\u00a0capital\u00a0it\u00a0needs\u00a0to\u00a0grow\u00a0it\u00a0finance\u00a0with:\u00a0(Chapter\u00a012)\t\u00a0\t3. An\u00a0example\u00a0of\u00a0a\u00a0company\u00a0where\u00a0revenue\u00a0is\u00a0primarily\u00a0from\u00a0the\u00a0production\u00a0of\u00a0a\u00a0tangible\u00a0product\u00a0is:\u00a0(Chapter\u00a01)\t\u00a0\t4. One\u00a0disadvantage\u00a0of\u00a0corporations\u00a0is\u00a0that\u00a0their\u00a0profits\u00a0are\u00a0subject\u00a0to\u00a0double-taxation,\u00a0taxed\u00a0once\u00a0on\u00a0the\u00a0corporate\u00a0level\u00a0and\u00a0again\u00a0when\u00a0investors\u00a0receive\u00a0their\u00a0share\u00a0of\u00a0profits.\u00a0(Chapter\u00a08)\t\u00a0\t5. Examples\u00a0of\u00a0variable\u00a0costs\u00a0include:\u00a0(Chapter\u00a06)\t\u00a0\t6. Payment\u00a0of\u00a0a\u00a0percentage\u00a0of\u00a0the\u00a0revenue\u00a0generated\u00a0by\u00a0the\u00a0sale\u00a0of\u00a0each\u00a0unit\u00a0is\u00a0known\u00a0as:\u00a0(Chapter\u00a013)\t\u00a0\t7. Which\u00a0kind\u00a0of\u00a0company\u00a0acts\u00a0as\u00a0a\u00a0middleman,\u00a0buying\u00a0goods\u00a0from\u00a0a\u00a0manufacturer\u00a0and\u00a0selling\u00a0them\u00a0on\u00a0to\u00a0a\u00a0retailer?\u00a0(Chapter\u00a02)\t\u00a0\t8. A\u00a0cash\u00a0flow\u00a0statement\u00a0provides\u00a0the\u00a0same\u00a0information\u00a0as\u00a0an\u00a0income\u00a0statement.\u00a0(Chapter\u00a09)\t\u00a0\t9. A\u00a0company\u00a0codifies\u00a0its\u00a0reason\u00a0for\u00a0existence\u00a0in\u00a0the\u00a0form\u00a0of\u00a0a:\u00a0(Chapter\u00a03)\t\u00a0\t10. What\u00a0is\u00a0the\u00a0final\u00a0step\u00a0in\u00a0the\u00a0employee\u00a0recruitment\u00a0process?\u00a0(Chapter\u00a011)\t\u00a0\t11. In\u00a02013,\u00a0Ken\u00a0invested\u00a0$20,000\u00a0in\u00a0his\u00a0company.\u00a0\u00a0In\u00a0the\u00a0same\u00a0year,\u00a0his\u00a0net\u00a0profits\u00a0were\u00a0$3,500.\u00a0\u00a0What\u00a0was\u00a0his\u00a0annual\u00a0ROI\u00a0in\u00a02013?\u00a0(Chapter\u00a07)\t\u00a0\t12. A\u00a0free\u00a0enterprise\u00a0system\u00a0\u00a0is\u00a0also\u00a0known\u00a0as:\u00a0(Chapter\u00a01)\t\u00a0\t13. The\u00a0opposite\u00a0of\u00a0the\u00a0skimming\u00a0strategy\u00a0of\u00a0pricing\u00a0is\u00a0the:\u00a0(Chapter\u00a04)\t\u00a0\t14. A\u00a0reward\u00a0for\u00a0becoming\u00a0an\u00a0entrepreneur\u00a0is:\u00a0(Chapter\u00a01)\t\u00a0\t15. Lee\u00a0has\u00a0$255,000\u00a0in\u00a0current\u00a0assets\u00a0and\u00a0$175,000\u00a0in\u00a0current\u00a0liabilities.\u00a0\u00a0How\u00a0much\u00a0working\u00a0capital\u00a0does\u00a0she\u00a0have?\u00a0(Chapter\u00a09)\t\u00a0\t16. How\u00a0often\u00a0should\u00a0you\u00a0rebalance\u00a0your\u00a0investment\u00a0portfolio?\u00a0(Chapter\u00a014)\t\u00a0\t17. Net\u00a0worth\u00a0is\u00a0also\u00a0known\u00a0as\u00a0owner&#8217;s\u00a0equity.\u00a0(Chapter\u00a012)\t\u00a0\t18. Franchising\u00a0and\u00a0licensing\u00a0are\u00a0examples\u00a0of\u00a0what\u00a0kind\u00a0of\u00a0strategies?\u00a0(Chapter\u00a013)\t\u00a0\t\u00a0\t19. Which\u00a0of\u00a0the\u00a0following\u00a0telephone\u00a0behaviors\u00a0is\u00a0NOT\u00a0a\u00a0hallmark\u00a0of\u00a0a\u00a0successful\u00a0salesperson?\u00a0(Chapter\u00a05)\t\u00a0\t\u00a0\t20. Using\u00a0orders\u00a0as\u00a0a\u00a0unit\u00a0of\u00a0sale\u00a0is\u00a0most\u00a0commonly\u00a0associated\u00a0with\u00a0which\u00a0kind\u00a0of\u00a0business?\u00a0(Chapter\u00a02)\t\u00a0\t\u00a0\t21. The\u00a0giving\u00a0of\u00a0resources\u00a0to\u00a0charities\u00a0in\u00a0an\u00a0effort\u00a0to\u00a0help\u00a0solve\u00a0a\u00a0social\u00a0or\u00a0environmental\u00a0problem\u00a0is\u00a0known\u00a0as:\u00a0(Chapter\u00a04)\t\u00a0\t22. If\u00a0furniture\u00a0store\u00a0buys\u00a0a\u00a0sofa\u00a0from\u00a0the\u00a0wholesaler\u00a0for\u00a0$600\u00a0and\u00a0sells\u00a0it\u00a0for\u00a0$2,500,\u00a0what\u00a0is\u00a0the\u00a0retailer&#8217;s\u00a0gross\u00a0profit\u00a0per\u00a0unit?\u00a0(Chapter\u00a010)\t\u00a0\t23. Four\u00a0out\u00a0of\u00a0five\u00a0small\u00a0firms\u00a0fail\u00a0in\u00a0the\u00a0first\u00a0five\u00a0years\u00a0of\u00a0operation.\u00a0(Chapter\u00a08)\t\u00a0\t24. If\u00a0you\u00a0invest\u00a0$1.00\u00a0at\u00a010\u00a0percent\u00a0over\u00a0five\u00a0years,\u00a0how\u00a0much\u00a0will\u00a0you\u00a0have\u00a0at\u00a0the\u00a0end\u00a0of\u00a0those\u00a0five\u00a0years?\u00a0\u00a0(Chapter\u00a014)\t\u00a0\t25. Which\u00a0one\u00a0of\u00a0the\u00a0following\u00a0is\u00a0NOT\u00a0one\u00a0of\u00a0the\u00a0&#8220;five\u00a0roots\u00a0of\u00a0opportunity&#8221;\ufffd?\u00a0(Chapter\u00a01)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. Return\u00a0on\u00a0sales\u00a0is\u00a0also\u00a0known\u00a0as:\u00a0(Chapter\u00a07) \u00a0 2. One\u00a0way\u00a0for\u00a0a\u00a0business\u00a0to\u00a0raise\u00a0the\u00a0capital\u00a0it\u00a0needs\u00a0to\u00a0grow\u00a0it\u00a0finance\u00a0with:\u00a0(Chapter\u00a012) \u00a0 3. An\u00a0example\u00a0of\u00a0a\u00a0company\u00a0where\u00a0revenue\u00a0is\u00a0primarily\u00a0from\u00a0the\u00a0production\u00a0of\u00a0a\u00a0tangible\u00a0product\u00a0is:\u00a0(Chapter\u00a01) \u00a0 4. One\u00a0disadvantage\u00a0of\u00a0corporations\u00a0is\u00a0that\u00a0their\u00a0profits\u00a0are\u00a0subject\u00a0to\u00a0double-taxation,\u00a0taxed\u00a0once\u00a0on\u00a0the\u00a0corporate\u00a0level\u00a0and\u00a0again\u00a0when\u00a0investors\u00a0receive\u00a0their\u00a0share\u00a0of\u00a0profits.\u00a0(Chapter\u00a08) \u00a0 5. Examples\u00a0of\u00a0variable\u00a0costs\u00a0include:\u00a0(Chapter\u00a06) \u00a0 6. Payment\u00a0of\u00a0a\u00a0percentage\u00a0of\u00a0the\u00a0revenue\u00a0generated\u00a0by\u00a0the\u00a0sale\u00a0of\u00a0each\u00a0unit\u00a0is\u00a0known\u00a0as:\u00a0(Chapter\u00a013) \u00a0 7. Which\u00a0kind\u00a0of\u00a0company\u00a0acts\u00a0as\u00a0a\u00a0middleman,\u00a0buying\u00a0goods\u00a0from\u00a0a\u00a0manufacturer\u00a0and\u00a0selling\u00a0them\u00a0on\u00a0to\u00a0a\u00a0retailer?\u00a0(Chapter\u00a02) \u00a0 8. A\u00a0cash\u00a0flow\u00a0statement\u00a0provides\u00a0the\u00a0same\u00a0information\u00a0as\u00a0an\u00a0income\u00a0statement.\u00a0(Chapter\u00a09) \u00a0 9. A\u00a0company\u00a0codifies\u00a0its\u00a0reason\u00a0for\u00a0existence\u00a0in\u00a0the\u00a0form\u00a0of\u00a0a:\u00a0(Chapter\u00a03) \u00a0 10. What\u00a0is\u00a0the\u00a0final\u00a0step\u00a0in\u00a0the\u00a0employee\u00a0recruitment\u00a0process?\u00a0(Chapter\u00a011) \u00a0 11. In\u00a02013,\u00a0Ken\u00a0invested\u00a0$20,000\u00a0in\u00a0his\u00a0company.\u00a0\u00a0In\u00a0the\u00a0same\u00a0year,\u00a0his\u00a0net\u00a0profits\u00a0were\u00a0$3,500.\u00a0\u00a0What\u00a0was\u00a0his\u00a0annual\u00a0ROI\u00a0in\u00a02013?\u00a0(Chapter\u00a07) \u00a0 12. A\u00a0free\u00a0enterprise\u00a0system\u00a0\u00a0is\u00a0also\u00a0known\u00a0as:\u00a0(Chapter\u00a01) \u00a0 13. The\u00a0opposite\u00a0of\u00a0the\u00a0skimming\u00a0strategy\u00a0of\u00a0pricing\u00a0is\u00a0the:\u00a0(Chapter\u00a04) \u00a0 14. <a href=\"https:\/\/www.benedictsol.com\/blogs\/mgt-465-final-exam-guide\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-228085","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/228085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=228085"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/228085\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=228085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=228085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=228085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}