Bus 475 capstone final examination part 1 and part 2 (both)

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BUS 475 Capstone Final Examination Part 1 and Part 2 (Both)
1. In the managerial function of __________, managers
encourage and motivate workers to work toward
organizational goals.
 a) organizing
 b) planning
 c) controlling
 d) leading
BUS 475 Capstone Final Examination Part 1
2. eBay.com is a vast auction site that is similar to a
competitive market in some ways but differs from it in others.
Which of the following describes how eBay resembles a
competitive market?
 a) On eBay the large sellers dominate the market.
 b) Sellers sometimes do not describe the products accurately on
eBay.
 c) There is a great variety of different products sold on eBay.
 d) It is easy to enter and easy to leave eBay.

3. From the point of view of consumer surplus and producer
surplus, what problem was created when Thailand subsidized
the cost of energy to consumers to help alleviate the burden of
higher energy costs?
 a) It encouraged the consumption of too much fuel at the
expense of other goods.
 b) It has no effect; consumers gained consumer surplus, but
taxpayers lost the same amount because they had to finance the
subsidy.
 c) It hurt the poor and benefitted the rich.
 d) It led to less fuel being used than the amount that maximizes
consumer surplus.
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Part 2
4. The following is an example of a moral value judgment:
 a) Keith Lewis must be a total flake.
 b) The senator dresses well.
 c) As an actress, Paris Hilton has a nice clothes rack.
 d) I don’t deserve to be flunked for an honest mistake.

5. Research on the five-stage model of group development
shows that
 a) all groups pass through the norming stage.
 b) not all groups go through each of the stages.
 c) groups always pass through the stages in order.
 d) all groups pass through the adjourning stage.
6. A standardized language used to manipulate data is
 a) Microsoft Access.
 b) a structured query language.
 c) Oracle.
 d) a data manipulation language.
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7. Business communication is often more demanding
than social communication because communication
on the job is affected by
 a) desire to always advance and move up in an
organization.
 b) the growing reliance on teamwork in business.
 c) personalities.
 d) politics.
 8. Communication is the process of
 a) listening actively.
 b) talking constantly.
 c) transferring information and meaning.
 d) writing messages.

9. Aggregate demand management policies are designed most
directly to
 a) prevent budget deficits or surpluses
 b) control the aggregate level of spending in the economy
 c) minimize inflation
 d) minimize unemployment
10. What is a subjective statement?
 a) A statement that is fact
 b) A statement made true by someone thinking it is true
 c) A statement involving a subject
 d) A statement that pertains to a chapter in a book
11. Brenda Butler, editor of the Republican, is trying to decide
whether to take a job at a much larger newspaper or to
become the CEO and publisher of the Republican. Brenda has
to make this decision because of ________.
 a) an opportunity
 b) a threat
 c) a problem
 d) bounded rationality

12. The __________ as the number of levels in the organizational
hierarchy increases.
 a) scope of influence expands
 b) span of control narrows
 c) span of control expands
 d) scope of influence narrows
13. Why do some stores offer senior citizen discounts on
Tuesdays?
 a) Senior citizens have more elastic demand schedules than do
other shoppers.
 b) Senior citizens have less elastic demand schedules than do
other shoppers.
 c) Most stores are perfect competitors in their geographic
region.
 d) Senior citizens have perfectly inelastic demand curves,
whereas other shoppers do not.

 14. What are the benefits of using IM in business
communication?
 a) Less personal
 b) Ability to exclude those unable to use IM
 c) To maintain a quiet work environment
 d) Low cost
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15. Business environment pressures can come from which of the
following?
 a) Management restructuring
 b) Quality control
 c) Political changes
 d) Cost reduction

16. The reliability of our observations is not better than the
reliability of our ____________.
 a) memories
 b) senses
 c) friends
 d) family
17. Utilitarianism is
 a) an act that will produce less happiness than will alternatives,
it is the right thing to do, and if it will produce more happiness, it
would be wrong to do.
 b) an act that will produce more happiness than will alternatives,
it is the right thing to do, and if it will produce less happiness, it
would be wrong to do.
 c) an act that will produce more happiness than will alternatives,
it is the wrong thing to do, and if it will produce less happiness, it
would be right to do.
 d) an act that will produce less happiness than will alternatives, it
is the wrong thing to do, and if it will produce less happiness, it
would be right to do.

18. Refer to the graph shown. With efficient production, this firm
can maximize production at what point?
 a) B
 b) C
 c) D
 d) A
19. A valid contract must
 a) use the title “Contract” at the top of the document
 b) be signed by all parties
 c) exist where all necessary legal elements for contract
formation are present
 d) be entirely in writing
20. “Fair use” is a defense to copyright infringement that
 a) is available in all countries.
 b) is non-statutory.
 c) requires findings by a court.
 d) is absolute.

21. One of the advantages of a server farm is that
 a) servers can be stacked on top of one another, so less space
is needed.
 b) servers last longer in a server farm.
 c) more people are required to maintain servers in a server farm.
 d) if one server fails, an application can be automatically moved
to another one.
 22. Remedies for a contract breach may include
 a) consequential damages.
 b) no consideration of cost to the breaching party or parties.
 c) punitive damages.
 d) imprisonment and fines.

23. The reason economists and accountants have problems
using cost analysis in the real world is that
 a) although implicit costs do not show up in accounting profits,
they nevertheless affect managerial decisions.
 b) although explicit costs do not show up in accounting profits,
they nevertheless affect managerial decisions.
 c) explicit costs cannot be measured.
 d) economists do not believe in the existence of explicit costs.
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2
24. Which of the following is an ethical issue?
 a) Business Process Reengineering
 b) Accuracy Question Source
 c) Sales tax formulas
 d) Software coding

25. Personality within an individual typically evolves ________.
 a) when an individual changes jobs
 b) relatively quickly
 c) at no point during a lifetime
 d) over approximately 25 years
26. What are some rhetorical devices used in persuasive
messages?
 a) Biases
 b) Syllogisms
 c) Stereotypes
 d) Memories
27. The Administrative Procedures Act
 a) provides for uniform procedural structures in regulatory
agencies.
 b) establishes regular order in congressional committees.
 c) provides due process standards for the Judiciary Branch.
 d) applies to the Judiciary Branch.

28. In a relational database, the customer record contains
information regarding the customer’s last name. The last name is
a(n):
 a) entity
 b) relation
 c) attribute
 d) primary key
29. What way can you build credibility with an audience when
planning a persuasive message?
 a) Use simple language.
 b) Use difficult language.
 c) Use descriptive language.
 d) Use hostile language.
30. Which of the following groups would be most likely to benefit
from a tariff on Japanese-manufactured light trucks (i.e., pickup
trucks)?
 a) U.S. consumers of pickup trucks
 b) Japanese auto workers
 c) U.S. domestic pickup truck manufacturers
 d) U.S. firms that export products to Japan

31. What type of data visual would you use to illustrate trends
over time?
 a) Line chart
 b) Gantt chart
 c) Bar graph
 d) Scatter diagrams
32. Which of the following is a wireless technology?
 a) Fiber-optic connections
 b) 4 G applications
 c) Typical cable modem to router communication link
 d) Communication between a modem and a router
33. Our most reliable source of information about the world is
 a) the Internet.
 b) our own observations.
 c) Facebook.
 d) cable news.

34. Business ethics may be defined as
 a) minimizing decisions having potentially adverse
consequences for business stakeholders
 b) taking an expedient approach to any business situation
 c) doing what is most advantageous for the business
 d) a consciousness of what is right or wrong in the workplace
35. During an organizational confrontation meeting,
__________ meet to confront the issue of whether the
organization is effectively meeting its goals.
 a) employees from all organizational levels
 b) all of the managers of the organization
 c) external and internal change agents
 d) members of the top management team

36. An argument consists of two parts:
 a) the point and the conclusion
 b) the fact and the rebuttal
 c) the premise and the conclusion
 d) the subject and the outcome
37. How do you keep the audience’s attention?
 a) Relate your subject to your audience’s needs
 b) Offer a reward
 c) Use confusing language
 d) Talk about yourself
38. __________ are part of the elements of creativity?
 a) Listening skills
 b) Thinking skills
 c) Domain skills
 d) Athletic skills

39. Administrative law primarily stems from
 a) the Executive Branch.
 b) common law decisions of courts.
 c) the Judicial Branch.
 d) the Legislative Branch.
40. Suppose that at the current price consumers would like to
purchase 10 million large-screen televisions and 15 million
are available. When the market coordinates the demand and
supply for large-screen televisions, the price of large-screen
televisions will _______________.
 a) stay the same
 b) rise
 c) fall
 d) be fixed by government

41. Laura has dreamed of playing in a symphony. She
practices her instrument every day and yet, year after year,
she cannot successfully play the difficult musical piece
necessary to try out. This is an example of
 a) extrinsic motivation outweighing intrinsic motivation.
 b) motivation being the main factor in performance.
 c) motivation not equaling performance.
 d) vicarious learning being of upmost importance.
42. What are the three major steps in the writing process?
 a) Prepare, Write, and Complete
 b) Plan, Write, and Complete
 c) Plan, Construct, and Complete
 d) Prepare, Construct, and Stop
43. Transactional leaders motivate followers by
 a) inducing followers to support their vision.
 b) inspiring them with charismatic behavior.
 c) exchanging rewards for good performance.
 d) overlooking mistakes or substandard performance.

44. A(n) _____________________ allows unauthorized entry
into a wireless network.
 a) rogue access point
 b) cloud server
 c) disgruntled employee
 d) lack of encryption
45. What does quality of hire mean?
 a) On a 1–10 scale, the hire is a 10
 b) How good an employee is at getting hired
 c) A measure of how a new employee is hired
 d) A measure of how closely new employees meet the
company’s needs
46. Critical to the systems development life cycle is
 a) the identification of the time of year it is developed.
 b) seeing what competitors provide.
 c) the identification of the price charged to other customers.
 d) knowing the customer’s goals and objectives.

47. A socially responsible company
 a) is only concerned with shareholder value.
 b) is concerned with its economic and social value and
environmental impact.
 c) constantly strives to reduce labor and material costs wherever
possible.
 d) primarily seeks to enhance executive compensation.
48. One of the principal roles of the Judiciary is
 a) to resolve disputes.
 b) to provide the other branches of government with legal
counsel.
 c) to issue common law writs.
 d) to issue injunctions and related orders.
Part 2

49. A nation's comparative advantage in the production of an
item is determined by
 a) which country has already specialized in the production of the
item.
 b) the opportunity cost of producing the item relative to a trading
partner’s opportunity cost.
 c) the total and marginal costs of producing the item.
 d) wage rates and other input costs.
50. According to Keynes, why might deflation create problems
for an economy?
 a) People would invest less into the economy.
 b) In expectation of increased spending, too many
entrepreneurs would begin businesses and most would fail.
 c) Consumers might expect prices to fall further and cut back
consumption now.
 d) The cost of repricing goods would increase costs, and
therefore reduce profits, for businesses and they would cut
production.

BUS 475 Capstone Final Examination Part 2
1. Which of the following is the most important factor
that affects a firm's financing mix?
 a) The predictability of cash flows
 b) The number of shares that are outstanding
 c) The amount of EPS
 d) The amount of operating income
2. When an accountant makes an adjusting entry for
accrued expenses, which statement best reflects what
the accounts look like before the adjustment?
 a) Assets overstated; expenses understated
 b) Assets understated; revenues understated
 c) Expenses understated; liabilities understated
 d) Liabilities overstated; revenues understated

3. Which account will have a zero balance after a company
has journalized and posted closing entries?
 a) Accumulated Depreciation
 b) Prepaid Insurance
 c) Service Revenue
 d) Supplies
4. A __________ is an articulation of a simple criterion or
characterization of what the leader sees the company must
become to establish and sustain global leadership.
 a) mission
 b) leader's principle
 c) leader's vision
 d) strategic intent

5. The market opportunities most relevant to a particular
company are those that
 a) Offer the best growth and profitability.
 b) Provide avenues for taking market share away from
close rivals.
 c) Hold the most potential for product innovation.
 d) Provide a strong defense against threats to the
company's profitability..
6. Internal control is used in a business to enhance the
accuracy and reliability of its accounting records and
to
 a) Analyze financial statements.
 b) Create a system of audit review.
 c) Safeguard its assets.
 d) Protect investments by the public.

8. The Oviedo Thespians are planning to present
performances of their Florida Revue on two consecutive
nights in January. It will cost them $5,000 per night for
theater rental, event insurance, and professional musicians.
The theater will also take 10% of gross ticket sales. How
many tickets must they sell at $10.00 per ticket to break
even?
 a) 1,223 tickets
 b) 1,112 tickets
 c) 1000 tickets
 d) There is not enough information.
9. Which of the four basic financial statements adds net
income and subtracts dividends to arrive at its key data
element at the end of each period?
 a) Balance Statement
 b) Retained Earnings Statement
 c) Income Statement
 d) Statement of Cash Flows

10. A distribution center for a chain of electronics supply stores
fills and ships orders to retail outlets. A random sample of
orders is selected as they are received and the dollar amount
of the order (in thousands of dollars) is recorded, and then the
time (in hours) required to fill the order and have it ready for
shipping is determined. A scatterplot showing the times as the
response variable and the dollar amounts (in thousands of
dollars) as the predictor shows a linear trend. The least
squares regression line is determined to be: yˆ= 0.76 +1.8x. A
plot of the residuals versus the dollar amounts showed no
pattern, and the following values were reported: Correlation r
+ 0.90; R 2 = 0.81; standard deviation of the residuals is 0.48.
What percentage of the variation in the times required to
prepare an order for shipping is accounted for by the fitted
line?
 a) 48%
 b) 81%
 c) 90%
 d) 76%

11. National Printing Equipment (NPE) produces equipment that
helps to print newspapers and magazines. The company sells
directly to printers and through wholesalers. Its salespeople
negotiate prices with individual customers and often have to
match competitors' prices. NPE has a new product, the
Gutenberg NP201, with some competitive advantages now, but
competitors are expected to follow quickly with similar products.
The new product is being introduced into a market with elastic
demand. In regard to freight charges for its equipment, NPE's
invoice reads, "Seller pays the cost of loading equipment onto a
common carrier. At the point of loading, title to such products
passes to the buyer, who assumes responsibility for damage in
transit, except as covered by the transportation agency."
 National Printing Equipment's new Gutenberg NP201 should
probably use ________________.
 a) introductory pricing
 b) price fixing
 c) penetration pricing
 d) skimming pricing

12. H&R Block wants to analyze its clients’ tax returns over
the past 10 years for each of the client’s tax filings. The
type of data generated will be ______________.
 a) time series data
 b) observation data
 c) meta data
 d) cross-sectional data
Part 2
13. __________ is the intentional coordination of every
communication from a firm to a target customer to convey
a consistent and complete message.
 a) Integrated marketing communications
 b) Online marketing
 c) Product positioning
 d) Digital marketing

14. Identifying and assessing a company's resource strengths
and weaknesses and its external opportunities and threats
is called a __________________.
 a) strategic resource assessment
 b) competitive asset/liability analysis
 c) SWOT analysis
 d) competitive positioning analysis
15. Suppose Stock A has had a mean price of $6.58 per share
with a standard deviation of $1.88, while Stock B has had a
mean price of $10.57 per share with a standard deviation of
$3.02. Which stock shows a higher coefficient of variation
or volatility?
 a) Stock B
 b) Stock A
 c) Both stocks have the same coefficient of variation.
 d) The coefficients are incomparable.

16. Which of the following will decrease the nominal
deficit?
 a) An increase in the debt
 b) An increase in interest rates
 c) An increase in government expenditures
 d) An increase in taxes
Click here to download BUS 475 Capstone Final
Examination Part 1 and Part 2 (Both)
17. When predicting grade point average from the number of
hours spent studying per week, the equation for the best fit
line was found to be yˆ = 0.0855x + 0.944. What is the
predicted grade point average of a student that studies 26
hours per week?
 a) 25
 b) 2.99
 c) 3.17
 d) 24.63

18. The main reason that vertical marketing systems are
becoming more common is that
 a) Firms increasingly understand that competition among
channel members is profitable.
 b) It is easy for multiple firms to coordinate a single
marketing mix for a common target market.
 c) Firms realize that working independently has
advantages for channel members.
 d) Firms recognize that coordination among channel
members can increase sales for each channel member.
19. The appropriate alternative hypothesis for a two-tail test
to determine if mean body weight of all the men who have
joined a health club is the same as 185 pounds would be
 a) Ho: μ = 185 lbs.
 b) Ho: μ? 185 lbs.
 c) Ho: μ > 185 lbs.
 d) Ho: μ = 185 lbs.

20. Segmenting, in contrast to combining,
 a) Usually means settling for a smaller sales potential.
 b) Tends to focus more on customer similarities than on
differences.
 c) Relies more on promotion appeals and minor product
differences to create general customer appeal among several
submarkets.
 d) Tries to identify homogeneous submarkets and develop
different marketing mixes for each submarket.
21. Which of the following statements about ethical behavior in
business is true?
 a) The legal environment sets the minimum standards of ethical
behavior.
 b) The legal environment sets the highest standards of ethical
behavior.
 c) The legal environment sets the maximum standards of ethical
behavior.
 d) The legal environment sets the normative standards of ethical
behavior.

22. What is the present value of $12,500 to be received
10 years from today? Assume a discount rate of 8%
compounded annually and round to the nearest
$10.
 a) $5,790
 b) $17,010
 c) $9,210
 d) $11,574
This article covers the topic for the University Of Phoenix
BUS 475 Capstone Final Examination Part 1. The author
is working in the field of education from last 5
Examination Part 2 from UOP. Other topics in the class
are as follows:
BUS 475 Capstone Final Examination Part 1 and Part 2
(Both)
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visit the website www.uopstudents.com

Bus 475 capstone final examination part 1 and part 2 (both)

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