{"id":118102,"date":"2023-09-02T08:59:00","date_gmt":"2023-09-02T08:59:00","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=118102"},"modified":"2023-09-02T08:59:03","modified_gmt":"2023-09-02T08:59:03","slug":"business-administration-busad-tests-bundle-set","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2023\/09\/02\/business-administration-busad-tests-bundle-set\/","title":{"rendered":"Business Administration (BUSAD) Tests Bundle Set"},"content":{"rendered":"\n

BUSAD 203 Final questions with correct
answers
Purpose of resume Answer\u2714\u2714 assists (in obtaining interview), initiates (contact),
provides (summary), facilitates (interview)
Resume Do’s Answer\u2714\u2714 clear layout, concise, action verbs, consistent, industry
vocab
Resume Don’ts Answer\u2714\u2714 controversial, negative words, age, religion, outdated
material
Resume Objective\/Professional Summary Answer\u2714\u2714 specific and employer
centered
Results\/Outcomes= Answer\u2714\u2714 accomplished, as measured by, by doing
Resume References Answer\u2714\u2714 separate page, 3-5, ask permission
Cover letter Answer\u2714\u2714 supplements resume, highlights key points, expresses
interest in position, shows qualifications
When do you use a cover letter? Answer\u2714\u2714 applying for jobs, emailing resume to
potential employer or someone you’re networking with (prospecting letter)
What should a cover letter accomplish? Answer\u2714\u2714 introduce self, entice to read
resume, demonstrate writing skills, sell qualifications<\/p>\n\n\n\n

Cover letter components Answer\u2714\u2714 return address, date, recipient
name\/title\/address, salutation, 3 paragraphs, signature
Cover letter- 1st paragraph Answer\u2714\u2714 Purpose and intent: state job title you’re
seeking, state how you heard about it, give compliment\/connection
Cover letter- 2nd paragraph Answer\u2714\u2714 Qualifications: why interested,
experiences, what you bring to the company
Cover letter- 3rd paragraph Answer\u2714\u2714 Action plan: refer to resume, initiate next
step, contact info, thank for time
Interview myths Answer\u2714\u2714 interview begins when sitting across from
interviewer, interviewer controls interview, resume reveals all qualifications
Most common interviewing mistake Answer\u2714\u2714 insufficient company research
and preparation
Interview mistake from ISU recruiters Answer\u2714\u2714 not very detailed responses
Interview Prep Answer\u2714\u2714 1. explore\/research company<\/p>\n\n\n\n

    \n
  1. perform a self assessment
    What to bring to an interview Answer\u2714\u2714 extra resumes, references, pen,
    transcript, padfolio, work history, questions
    In first 5-10 min of interview\u2026 Answer\u2714\u2714 firm handshake, ice breaker questions,
    establish rapport<\/li>\n\n\n\n
  2. <\/li>\n<\/ol>\n\n\n\n

    BUSAD questions with correct answers
    Social Communications model: how is it different from conventional? Answer\u2714\u2714
    its much more interactive and conversational
    single most important idea you want to convey Answer\u2714\u2714 core message
    Push and pull strategy: which one do you use if stimulating customer demand
    Answer\u2714\u2714 pull
    What does advertising appeal do Answer\u2714\u2714 try to get your attention
    Sales person meets one on one with customer Answer\u2714\u2714 personal selling
    working to find qualified potential customers? Answer\u2714\u2714 prospecting
    What does public relations do? Answer\u2714\u2714 reach people, variety of non sale
    communication
    You advertise a product, but are trying to sell a different one Answer\u2714\u2714 bait and
    switch, illegal
    how does the push strategy differ from pull? Answer\u2714\u2714 push to
    retailers\/wholesalers
    What is a sales promotion? Answer\u2714\u2714 trying to build demand and interest in
    product<\/p>\n\n\n\n

    Line view and circle view: what does circle include? Answer\u2714\u2714 feedback step
    if a business wants to get you invovled in system thinking? Answer\u2714\u2714 how do
    you contribute to goal
    How can managers stop recurring problems? Answer\u2714\u2714 use as an opportunity to
    learn
    Elements and process of making raw materials o final, what is full process?
    Answer\u2714\u2714 value chain
    Whats term where yo link business fuction to different company? Answer\u2714\u2714
    outsource
    Inventory control: what is main objective of inventory control? Answer\u2714\u2714
    balance storage and supply costs
    another word for purchasing Answer\u2714\u2714 pecurement
    What does operations management do? Answer\u2714\u2714 overseeing production of good
    or services
    How to figure out level of production resources Answer\u2714\u2714 capacity planning
    pert diagram vs Gant: pert diagram activiteis that take longest Answer\u2714\u2714 critical
    path<\/p>\n\n\n\n

    BusAd 203 Final questions with correct
    answers
    S.T.A.R. Answer\u2714\u2714 S: situation
    T: task (problem to accomplish)
    A: action (what did you do)
    R: result (finish story)
    How to address someone in a cover letter Answer\u2714\u2714 “Dear hiring manager”
    main points to include in a cover letter Answer\u2714\u2714 return address, date, recipient
    name, title and address, salutations, 3 paragraphs and signature
    what do you talk about in the first paragraph of a cover letter? Answer\u2714\u2714 state the
    job title you’re seeking (include job description), how you heard about the job, and
    give a compliment\/connection
    what do you talk about in paragraph 2 of your cover letter? Answer\u2714\u2714 interested
    because, what experiences and skill relate to the job, what you bring to the
    company
    what do you talk about in paragraph 3 of your cover letter? Answer\u2714\u2714 refer
    reader to resume, initiate next step to meet with someone, provide contact
    information, thanks for time and consideration
    how many spaces do you put between sincerely and your name? Answer\u2714\u2714 4
    enters if actually signing the document, one if just typing your name<\/p>\n\n\n\n

    how do you come up with your work values? Answer\u2714\u2714 interests (what you like
    to do) + skills (what you’re good at) + values (what’s important to you)
    Are numbers good to include on your resume? Answer\u2714\u2714 YES! ex: how much
    money you handled each day
    How do you demonstrate your impact on your resume? Answer\u2714\u2714
    results\/outcomes= accomplished (x), as measured by (y), by doing (z)
    are references necessary to include on your resume? Answer\u2714\u2714 no, but if you do,
    keep on a separate page
    when would you use a cover letter? Answer\u2714\u2714 applying for jobs, emailing resume
    to a potential employer, emailing resume to someone in which you are networking
    (prospecting letter)
    Are cover letters employer centered or self centered (to showcase yourself)?
    Answer\u2714\u2714 employer centered
    how do you prepare for an interview? Answer\u2714\u2714 1. explore and research the
    company (why this company, questions to ask)<\/p>\n\n\n\n

      \n
    1. perform a self-assessment (why you, how do your skills relate)
      what to do in the first 5 minutes of an interview\/meet and greet Answer\u2714\u2714 1.firm
      handshake<\/li>\n\n\n\n
    2. ice-breaking questions<\/li>\n\n\n\n
    3. establish rapport<\/li>\n\n\n\n
    4. <\/li>\n<\/ol>\n\n\n\n

      BusAD exam 2 questions with correct
      answers
      involves overseeing all of the activities involved in producing goods
      and services. Answer\u2714\u2714 Operations management
      Helping employees understand how what they do contributes to overall business
      goals promotes<\/em><\/strong> within the business. Answer\u2714\u2714 Systems thinking
      Non-linear, multidimensional networks of suppliers and outsourcing partners that
      can provide the opportunity to access a wide range of talents and technologies as
      well as increase organizational flexibility and responsiveness are called
      . Answer\u2714\u2714 Value webs
      Hudson Foods markets processed foods in the U.S. and Canada. The company
      acquires raw materials from small scale producers located near their production
      facility. This process of getting necessary inputs for production is known as
      <\/em>. Answer\u2714\u2714 Procurement
      Dell computers allows customers to order products online. It produces major parts
      using standardized; high volume production techniques and then allows customers
      to personalize such features as software, color, memory capacity, screen size.
      Which of the following types of manufacturing is Dell demonstrating? Answer\u2714\u2714
      Mass customization
      The automobile industry has outsourced the manufacturing of many component
      parts, like airbag systems and ignition systems, to other companies around the
      globe in order to focus more on the design and assembly of new cars. Why is this
      practice risky? Answer\u2714\u2714 Automakers can lose control over production schedules
      and quality due to outsourcing<\/p>\n\n\n\n

      The ability to effectively manage productivity is an important contribution made
      by production and operations management. , which maximize
      productivity by reducing waste and delays, are at the heart of many productivity
      improvement efforts. Answer\u2714\u2714 Lean systems
      Successful __<\/em><\/strong><\/em><\/strong> can have a strategic impact on business performance by
      getting the right product to the right customer at the right time at the right cost.
      Answer\u2714\u2714 Supply chain management
      is the process of achieving business goals by integrating and
      coordinating all the resources of the business through effective planning,
      organizing, leading, and controlling. Answer\u2714\u2714 Management
      Which of the following behaviors is an autocratic leader likely to demonstrate
      while performing in a leadership role? Answer\u2714\u2714 Tell followers what their goals
      should be and how to achieve them
      Managers make use of their <\/em>skills when they communicate, negotiate,
      or resolve conflicts among members of their departments. Answer\u2714\u2714
      Interpersonal
      <\/strong> are sets of behaviors and activities that managers perform as they carry
      out their managerial responsibilities. Answer\u2714\u2714 Managerial roles
      Julia is a product manager for an automobile manufacturing firm. She delegates
      part of her duties to some of the workers who she supervises and consults them
      when key decisions need to be made. She appreciates new ideas and encourages
      suggestions from her staff. Julia is an example of which type of leadership style?
      Answer\u2714\u2714 Democratic<\/p>\n\n\n\n

      BUSAD 203 Final questions with correct
      answers
      The purpose of a cover letter is to\u2026 Answer\u2714\u2714 – Demonstrate your writing skills
      to an employee<\/p>\n\n\n\n

        \n
      • Introduce yourself to the employer and entice them to read your resume
        (T or F) A resume can be as many pages as it takes to include everything in your
        background Answer\u2714\u2714 False
        The best examples to use when answering behavioral-based questions during an
        interview are from\u2026 Answer\u2714\u2714 – Academic group experiences<\/li>\n\n\n\n
      • Work experiences
        What response rate can you typically expect when sending out resumes and
        submitting applications? Answer\u2714\u2714 10-15%
        (T or F) The majority of employers leave room for salary negotiations in their first
        offer Answer\u2714\u2714 True
        Core values are an important part of the career exploration process because\u2026
        Answer\u2714\u2714 Conflicts between work and values can cause career challenges
        At the end of a cover letter, you should include\u2026 Answer\u2714\u2714 “Thank you for you
        time and consideration.”
        (T or F) Asking questions at the end of an interview is not necessary if you cannot
        think of anything important to ask Answer\u2714\u2714 False<\/li>\n<\/ul>\n\n\n\n

        When communicating in an interview, the majority of your message comes from\u2026
        Answer\u2714\u2714 Non-verbal\/body language
        According to a national survey of business executives, what is the most common
        mistake interviewees make? Answer\u2714\u2714 Not conducting enough research on the
        company
        Which of the following is not part of developing a plan in a comprehensive job
        search? Answer\u2714\u2714 Wait for the interview response
        Making connections is\u2026 Answer\u2714\u2714 Building relationships
        (T or F) If you learn the salary is low, you can always go back and negotiate after
        you’ve accepted the position Answer\u2714\u2714 False
        The best way to prepare for an interview is to\u2026 Answer\u2714\u2714 – Research the
        company<\/p>\n\n\n\n

          \n
        • Practice with a Mock Interview<\/li>\n\n\n\n
        • Develop questions to ask the interviewer
          When receiving a verbal offer over the phone, which phrase should you avoid
          saying in the moment? Answer\u2714\u2714 Okay, great!
          What percentage of job seekers find their job through networking? Answer\u2714\u2714 60-
          80%<\/li>\n\n\n\n
        • <\/li>\n<\/ul>\n\n\n\n

          BUSAD EXAM #2 PRACTICE TEST
          questions with correct answers
          Branding Answer\u2714\u2714 ____________<\/em><\/strong><\/em><\/strong> is used to increase product
          recognition and recall, communicate information, and enhance overall product
          value.
          a high percentage of tangible Answer\u2714\u2714 Products that have
          ____________<\/em><\/strong><\/em><\/strong> are referred to as goods.
          shopping product Answer\u2714\u2714 You are buying a new laptop. Then you are
          comparing many products and considering aspects like processor, RAM, data
          storage, graphics and size before finalizing a decision. In this case, the new laptop
          is an example of a(n) _<\/em><\/strong><\/em><\/strong>.
          Skim Answer\u2714\u2714 A pricing strategy that is often used for products in the intro
          stage of the product life cycle to recover research and development costs?
          will generally choose that product over other alternatives but may accept
          substitutes. Answer\u2714\u2714 A product with high brand preference means that
          customers ____________<\/em><\/strong><\/em><\/strong>.
          Penetration Answer\u2714\u2714 A well- known perfume brand in Europe offers a large
          collection of perfumes to its customers. In order to expand its business, the firm
          decides to enter the U.S. market. The firm sets its prices very low to capture the
          market share rapidly. Which pricing strategy is the perfume company using in this
          situation?<\/p>\n\n\n\n

          BusAd 250 Glossary
          Business Answer\u2714\u2714 Any profit-seeking organization that provides goods and
          services designed to satisfy customers’ needs.
          Revenue Answer\u2714\u2714 Money a company brings in through the sale of goods and
          services.
          Business Model Answer\u2714\u2714 A concise description of how a business intends to
          generate revenue
          Profit Answer\u2714\u2714 Money left over after all the costs involved in doing business
          have been deducted from revenue.
          Competitive Advantage Answer\u2714\u2714 Some aspect of a product or company that
          makes it more appealing to target customers. A businesses ability to earn above
          average profits within its industry.
          Not-For-Profit Organization Answer\u2714\u2714 Organization that provide goods and
          services without having a profit motive; also called nonprofit organizations.
          Goods-Producing Businesses Answer\u2714\u2714 Companies that create value by making
          “things,” most of which are tangible (digital products such as software are a
          notable exception)
          Service Businesses Answer\u2714\u2714 Companies that create value by performing
          activities that deliver some benefit to customers.<\/p>\n\n\n\n

          Barrier to Entry Answer\u2714\u2714 Any resource or capability a company must have
          before it can start competing in a given market.
          Business Mindset Answer\u2714\u2714 A view of a business that considers the myriad
          decisions that must be made and the many problems that must be overcome before
          companies can deliver the products that satisfy customer needs.
          Social Environment Answer\u2714\u2714 Trends and forces in society at large.
          Stakeholders Answer\u2714\u2714 Internal and external groups affected by a company’s
          decisions and activities.
          Technological Environment Answer\u2714\u2714 Forces resulting from the practical
          application of science to innovations, products, and processes.
          Economic Environment Answer\u2714\u2714 The conditions and forces that affect the cost
          and availability of goods, services, and labor and thereby shape the behavior of
          buyers and sellers.
          Legal and Regulatory Environment Answer\u2714\u2714 Laws and regulations at local,
          state, national, and even international levels.
          Market Environment Answer\u2714\u2714 A company’s target customers, the buying
          influences that shape the behavior of those customers, and competitors that market
          similar products to those customers.
          Research and Development (RAD) Answer\u2714\u2714 Functional area responsible for
          conceiving and designing new products.<\/p>\n\n\n\n

          Informational Technology (IT) Answer\u2714\u2714 Systems that promote communication
          and information usage through the company or that allow companies to offer new
          services to their customers.
          Operations Management Answer\u2714\u2714 Management of the people and processes
          involved in creating goods and services.
          Professionalism Answer\u2714\u2714 The quality of performing at a high level and
          conducting oneself with purpose and pride.
          Etiquette Answer\u2714\u2714 The expected norms of behavior in any particular situation.
          Business Cycles Answer\u2714\u2714 Fluctuations in the rate of growth that an economy
          experiences over a period of several years.
          Capitalism Answer\u2714\u2714 Economic system based on economic freedom and
          competition
          Capital Answer\u2714\u2714 The funds that finance the operations of a business as well as
          the physical, human-made elements used to produce goods and services, such as
          factories and computers.
          Competition Answer\u2714\u2714 Rivalry among businesses for the same customers
          Consumer Price Index (CPI) Answer\u2714\u2714 A monthly statistic that measures
          changes in the prices of a representative collective of consumer goods and services.<\/p>\n\n\n\n

          BUSAD 250 EXAM 1 questions with correct
          answers
          the 3 types of businesses Answer\u2714\u2714 Goods producing businesses
          Service businesses
          Not for profit organizations
          Companies that create value by making “things,” most of which are tangible
          (capital intensive) Answer\u2714\u2714 Goods producing businesses
          Companies that create value by performing activities that deliver some benefit to
          customers (labor intensive) Answer\u2714\u2714 Service businesses
          Organizations that provide goods and services without having a profit motive;
          these are also called nonprofit organizations Answer\u2714\u2714 Not for profit
          organizations
          Understand what a business model is and what insights it provides about a business
          Answer\u2714\u2714 A concise description of how a business intends to generate revenue
          Understand the differences between a competitive advantage and a barrier to entry
          Answer\u2714\u2714 Competitive Advantage- something that makes the product more
          appealing to customers, EX: Target has a footmark all around the nation because of
          how many stores they have
          Barrier to Entry- any resources or capability a company must have before it can
          start competing in a given market, a thing another company has that I don’t, EX:
          Cash, Access, Knowledge<\/p>\n\n\n\n

          Explain business risk and reward and the consequences of decisions that contain
          excessive risk Answer\u2714\u2714 a. page 8 of notes
          Identify the elements of professionalism and understand how employees can
          practice professionalism in the workplace and avoid unprofessional behavior
          Answer\u2714\u2714 1. Be Ethical Be Clear: listen actively, clarify expectations and
          responsibilities<\/p>\n\n\n\n

            \n
          1. Be Respectful: expected norms of behavior in any particular situation<\/li>\n\n\n\n
          2. Be a Team Player: showing loyalty to your organization and protecting your
            employer’s reputation<\/li>\n\n\n\n
          3. Be Dependable<\/li>\n\n\n\n
          4. Be the best: energy, either positive or negative is contagious
            the 5 business environments Answer\u2714\u2714 Economic Environments
            Social Environments
            Legal and regulatory Environments
            Technological Environments
            Market Environment:
            are we in a growth period? How is that going to translate into workers and need for
            my product? ` Answer\u2714\u2714 Economic Environments:
            Population trends, ethnic groups changing, how does that change the desire for my
            product? Answer\u2714\u2714 social environments<\/li>\n\n\n\n
          5. <\/li>\n<\/ol>\n\n\n\n

            BUSAD 203 FINAL EXAM questions with
            correct answers
            The purpose of a resume is to Answer\u2714\u2714 initiate contact and make a first
            impression to potential employers, provide potential employers with a summary of
            past performance and work history
            How many pages should a resume be for a college-level student or professional
            with under 10 years of work experience? Answer\u2714\u2714 1
            Which levels of education should be included in the “Education” section of your
            resume? Answer\u2714\u2714 Other educational institutions attend that you’ve earned a
            degree, Current College
            Resumes
            When listing details from a school in your education section, what should you
            include? Answer\u2714\u2714 Type of degree seeking\/earned, Major and\/or Minor
            Resumes – True or False
            The grammatical tense in which you write your bullet points is not relevant
            Answer\u2714\u2714 False
            Resumes
            When listing your current or past job\/employment experience, what details should
            you include Answer\u2714\u2714 Position(s) worked\/held, Dates of employment,<\/p>\n\n\n\n

            Supervisor’s name and contact information, Location of employment (city and
            state)
            Resumes
            When developing bullet points under your experience section you should\u2026
            Answer\u2714\u2714 Start each bullet point with an action verb
            True or False: Always include “References Available Upon Request” at the bottom
            of your resume Answer\u2714\u2714 False
            Which domain was your team strongest and weakest in? Answer\u2714\u2714 Strongest:
            Relationship Building
            Weakest: Executing
            The purpose of a cover letter is to.. Answer\u2714\u2714 Tell a story as to “why you” and
            demonstrate your writing skills
            True\/False
            Writing one cover letter and utilizing it for several positions is an effective strategy
            Answer\u2714\u2714 False
            What format should your cover letter be written in Answer\u2714\u2714 A formal
            professional letter format
            True\/False<\/p>\n\n\n\n

            BUSAD 248 – Chapter 1 questions with
            correct answers
            The definition of a business is: Answer\u2714\u2714 an organization that seeks to provide
            goods and services to others while operating at a profit.
            An important difference between goods and services is that a product such as a car
            is a(n) _<\/em><\/strong><\/em><\/strong> and can be touched, whereas a(n) _<\/strong><\/em><\/strong><\/em> such as
            insurance is intangible and cannot. Answer\u2714\u2714 good; service
            An example of a service is: Answer\u2714\u2714 a physical exam
            Which of the following products are classified as a service? Answer\u2714\u2714 1. life
            insurance<\/p>\n\n\n\n

              \n
            1. plane flight to Ireland
              An entrepreneur is a person who: Answer\u2714\u2714 risks time and money to start and
              manage a business
              True or false: Profit or loss is the difference between revenues and the expenses
              needed to run the business. Answer\u2714\u2714 true
              True or false: The total amount of money a business takes in during a given period
              of time by selling goods and services is its profit. Answer\u2714\u2714 false
              Jean’s bicycle repair business has been operating at a loss for several months due to
              high inventory costs and low sales revenues. If she continues to operate at a loss, it
              is likely that Jean will have to Answer\u2714\u2714 close the business<\/li>\n<\/ol>\n\n\n\n

              Businesses are part of a country’s: Answer\u2714\u2714 economic system
              When a business’s expenses are greater than its revenues, the business is operating
              at a(n) Answer\u2714\u2714 loss
              Economic well-being and the quantity of life improve when businesses create more
              jobs because: Answer\u2714\u2714 people can purchase more goods and services
              What is the definition of the standard of living? Answer\u2714\u2714 the amount of goods
              and services people can buy with the money they have
              Groups that have a strong interest in the success and outcomes of a business, such
              as employees, neighbors, or government, are called Answer\u2714\u2714 stakeholders
              When a company contacts with another, sometimes in another country, to do some
              of its functions, such as production or accounting, it is known as Answer\u2714\u2714
              outsourcing
              An organization whose function is to serve a societal need rather than make a
              profit for its owners is a(n) ___<\/em><\/strong><\/em><\/strong> organization. Answer\u2714\u2714 nonprofit
              Whether working for a nonprofit such as the Red Cross or a company with the goal
              of making profits such as Macy’s, managers need Answer\u2714\u2714 the same
              management skills
              Entrepreneurs who risk time and money to start and operate a business do so
              because they Answer\u2714\u2714 expect to be rewarded by making a profit<\/p>\n\n\n\n

              Busad chapter 2 questions with correct
              answers
              _<\/em><\/strong><\/em><\/strong> is an economic situation in which costs fall steadily throughout the
              economy. Answer\u2714\u2714 Deflation
              Which of the following involves a political system’s seizure of particular firms or
              business ventures? Answer\u2714\u2714 Nationalizing
              A(n) represents a market situation in which a small number of sellers
              offer a certain product or service. Answer\u2714\u2714 oligopoly
              Which one of the following statements does NOT reflect true understanding of the
              demand and supply relationship? Answer\u2714\u2714 If demand weakens, the businesses
              can keep the prices consistent.
              What is the difference between monopolistic and oligopolistic competition?
              Answer\u2714\u2714 Monopolistic competition has numerous sellers who offer products
              that can be distinguished from competing products, whereas in an oligopoly, the
              number of competitors in the market is quite small.
              ________<\/em><\/strong><\/em> is the political procedures and actions put into place in order
              to control the country’s currency source. Answer\u2714\u2714 Monetary policy
              __<\/em><\/strong><\/em><\/strong> involves the utilization of government funds and expenditures in
              order to motivate the business cycle. Answer\u2714\u2714 Fiscal policy
              An economic system centered on financial liberty and competition is known as
              _<\/strong><\/em><\/strong>. Answer\u2714\u2714 capitalism<\/p>\n\n\n\n

              BUSAD exam 2 questions with correct answers
              To calculate_______, the cost of goods sold must be subtracted from sales
              Answer\u2714\u2714 Gross Profit
              Which represents legislation intended to enhance the integrity of financial data,
              including requiring businesses to record and examine their monetary control
              processes, and forbidding financiers from influencing stock analysis? Answer\u2714\u2714
              Sarbanes-Oxley
              Which is defined as organizing accurate price evaluations, profitability statements,
              financial plans, and other information which is vital to company decision makers?
              Answer\u2714\u2714 Management accounting
              Involves subtracting production costs from the sales they generated
              during a particular bookkeeping cycle in order to determine a company’s
              profitability Answer\u2714\u2714 The matching principle
              The amounts businesses owe lenders and vendors for loans and suppliers are
              called: Answer\u2714\u2714 Liabilities
              Which describes the act of comparing financial data from year to year?
              Answer\u2714\u2714 Trend analysis
              Which represents an official analysis of the integrity and consistency of an
              organization’s financial reports? Answer\u2714\u2714 Audit
              ___<\/em><\/strong> represents the acceptable procedures used by public firms in the united
              states for creating financial statements Answer\u2714\u2714 GAAP<\/p>\n\n\n\n

              Represents the accounting norms and procedures used by overseas countries Answer\u2714\u2714 IFRS Net income divided by owners’ equity equals: Answer\u2714\u2714 Return on equity <\/em><\/strong><\/em><\/strong>are valued business possessions including currency, real estate, structures,
              inventory, and investments Answer\u2714\u2714 Assets
              How well a company uses assets is determined in which of the following?
              Answer\u2714\u2714 Activity ratios
              Which represents a specialized area of accounting dedicated to assessing a
              business’s operations and the monetary consequences benefits, and bushiness
              acquisitions? Answer\u2714\u2714 Financial analysis
              Which is considered a controversial measure of profitability Answer\u2714\u2714 EBITDA
              A____<\/em> holds the top accounting position in a corporation and is in charge of
              supervising all accounting tasks Answer\u2714\u2714 Controller
              _ Involves shifting net revenue and expenditure account balances over to retained earnings for a particular period of time. Answer\u2714\u2714 Closing the books __<\/em><\/strong> = beginning inventory + net purchases – ending inventory Answer\u2714\u2714
              Costs of goods sold<\/p>\n\n\n\n

              BUSAD 203 Final Exam Study Guide
              Purpose of a Resume Answer\u2714\u2714 \u2022 It is your marketing piece<\/p>\n\n\n\n

                \n
              • Assists in obtaining an interview<\/li>\n\n\n\n
              • Initiates contact and makes a first impression<\/li>\n\n\n\n
              • Provides a summary<\/li>\n\n\n\n
              • Facilitates the interview
                Resume Do’s Answer\u2714\u2714 \u2022 Clear layout<\/li>\n\n\n\n
              • Be concise (1 full page)<\/li>\n\n\n\n
              • Use action verbs<\/li>\n\n\n\n
              • Be consistent<\/li>\n\n\n\n
              • Use industry vocabulary
                Resume Content Answer\u2714\u2714 \u2022 Contact information<\/li>\n\n\n\n
              • Objective statement or professional summary<\/li>\n\n\n\n
              • Education<\/li>\n\n\n\n
              • Experience\/related experience<\/li>\n\n\n\n
              • Leadership activities\/honors<\/li>\n\n\n\n
              • Computer skills
                Resume Tips Answer\u2714\u2714 \u2022 No errors<\/li>\n\n\n\n
              • Easy to read<\/li>\n\n\n\n
              • Visually appealing<\/li>\n\n\n\n
              • Avoid personal pronouns<\/li>\n\n\n\n
              • Keep personal copy<\/li>\n<\/ul>\n\n\n\n

                References Answer\u2714\u2714 \u2022 Separate page<\/p>\n\n\n\n

                  \n
                • 3- professional references<\/li>\n\n\n\n
                • Ask permission<\/li>\n\n\n\n
                • Keep references informed
                  What is a cover letter? Answer\u2714\u2714 \u2022 Supplements resume<\/li>\n\n\n\n
                • Highlights key points in resume<\/li>\n\n\n\n
                • Expresses interest in a position<\/li>\n\n\n\n
                • Shows qualifications
                  When do you use a cover letter? Answer\u2714\u2714 \u2022 Applying for jobs<\/li>\n\n\n\n
                • Emailing resume to a potential employer
                  What should a cover letter accomplish? Answer\u2714\u2714 \u2022 Introduce yourself to the
                  employer<\/li>\n\n\n\n
                • Entice them to read your resume<\/li>\n\n\n\n
                • Demonstrate your writing skills
                  Components of a cover letter Answer\u2714\u2714 \u2022 Return address<\/li>\n\n\n\n
                • Date<\/li>\n\n\n\n
                • Recipient’s name, title and address<\/li>\n\n\n\n
                • Salutation<\/li>\n\n\n\n
                • 3 paragraphs<\/li>\n\n\n\n
                • Signature<\/li>\n<\/ul>\n\n\n\n

                  INTRO TO BUSINESS EXAM 1 BUSAD
                  151 questions with correct answers
                  Chapter 1 Answer\u2714\u2714
                  Business Answer\u2714\u2714 individuals or organizations who try to earn a profit by
                  providing products that satisfy people’s needs
                  Goal of business Answer\u2714\u2714 to make money or to make a profit
                  difference between a business and nonprofit?
                  “to make a profit” does not apply to a nonprofit organization, but both are involved
                  in management, finance, human resources, marketing, operations, sales, etc.
                  What are you doing when you purchase a product? Answer\u2714\u2714 buying the benefits
                  and satisfaction you think the product will provide.
                  Profit Answer\u2714\u2714 the difference between what it costs to make and sell a product
                  and what a customer pays
                  3 management objectives Answer\u2714\u2714 Coordinating employee’s actions to achieve
                  the firm’s goals
                  Organizing people to work efficiently
                  Motivating them to achieve the business’s goals
                  How to communicate benefits and advantages of products to consumers?
                  Answer\u2714\u2714 Promotions
                  -advertising, personal selling, sales promotions like, coupons, games, sweepstakes,
                  movie tie-ins, and publicity<\/p>\n\n\n\n

                  Economics Answer\u2714\u2714 the study of how resources are distributed for the
                  production of goods and services w\/in a social system
                  Natural resources Answer\u2714\u2714 Raw materials supplied by nature that come from
                  the earth, the water, or the air and are used to produce goods.
                  Human resources Answer\u2714\u2714 People who work to produce goods and services
                  Financial resources Answer\u2714\u2714 the funds used to acquire the natural and human
                  resources needed to provide products; also called capital
                  Economic system Answer\u2714\u2714 a description of how a particular society distributes
                  its resources to produce goods and services
                  Communism Answer\u2714\u2714 first described by Karl Marx as a society in which the
                  people, without regard to class, own all the nation’s resources
                  Owners Answer\u2714\u2714 put up resources – money or credit – to start a business.
                  Can manage business themselves
                  Employees Answer\u2714\u2714 Responsible for work that goes on w\/in a business.
                  Can also manage business, if chosen so by owner
                  Business Major Goal Answer\u2714\u2714 satisfy the customers who buy its goods or
                  services<\/p>\n\n\n\n

                  BUSAD 250 Exam 1 Iowa State questions
                  with correct answers
                  Non-profit Organizations Answer\u2714\u2714 Do not have a profit motive
                  Goods-producing Business Answer\u2714\u2714 Create value by “making” things, tangible
                  or having physical existence
                  Service Businesses Answer\u2714\u2714 Create value by performing activities that deliver
                  some benefit to the customer
                  Business Model Answer\u2714\u2714 a concise description of how a business intends to
                  generate revenue
                  Competitive Advantage Answer\u2714\u2714 makes you more appealing to your target
                  audience
                  Barrier to Entry Answer\u2714\u2714 any resource or capability a company must have
                  before it can start competing in any given market
                  Professionalism Answer\u2714\u2714 the quality of performing at a high level and
                  conducting oneself with purpose and pride
                  Economic Environment Answer\u2714\u2714 the conditions and forces that affect the cost
                  and availability of goods, services, and labor and thereby shape the behavior of
                  buyers and sellers<\/p>\n\n\n\n

                  Legal and Regulatory Environment Answer\u2714\u2714 laws and regulations at local, state
                  and even international levels
                  Market Environment Answer\u2714\u2714 A company’s target customers, the buying
                  influences that shape the behavior of those customers, and competitors that market
                  similar products to those customers
                  Social Environment Answer\u2714\u2714 Trends and forces in society at large
                  Technological Environment Answer\u2714\u2714 Forces resulting from the practical
                  application of science to innovations, products, and processes
                  Stakeholder Answer\u2714\u2714 internal and external groups affected by a company’s
                  decisions and activities
                  Organizational Structure Answer\u2714\u2714 a framework that enables managers to divide
                  responsibilities, ensure employee accountability, and distribute decision-making
                  authority
                  Organization Chart Answer\u2714\u2714 a diagram that shows how employees and tasks are
                  grouped and where the lines of communication and authority flow
                  Agile Organization Answer\u2714\u2714 a company whose structure, policies, and
                  capabilities allow employees to respond quickly to customer needs and changes in
                  the business environment
                  Functional Structure Answer\u2714\u2714 grouping workers according to their similar
                  skills, resource use, and expertise<\/p>\n\n\n\n

                  BUSAD 203 Final questions with correct
                  answers
                  According to a national survey of business executives, what is the most common
                  mistake interviewees make? Answer\u2714\u2714 Not conducting enough research on the
                  company
                  What does STAR stand for? Answer\u2714\u2714 Situation, Task, Action, Result
                  The CliftonStrengths Assessment measures your most natural talents in how you
                  think, feel and behave to tap into your greatest potential for success. Answer\u2714\u2714
                  true
                  Which of the following could you utilize to help identify professional contacts to
                  expand and grow your network? (Select all that apply.) Answer\u2714\u2714 LinkedIn,
                  Alumni Ass., Professional Organizations
                  Which of the following questions is NOT a question on the Test for Ethical
                  Behavior? Answer\u2714\u2714 Does it benefit me?
                  Making connections is\u2026 Answer\u2714\u2714 building relationship
                  Core values are an important part of the career exploration process because\u2026
                  Answer\u2714\u2714 Conflicts between work and values can cause career challenges
                  Which of the following is NOT part of developing a plan in a comprehensive job
                  search? Answer\u2714\u2714 wait for interview requests<\/p>\n\n\n\n

                  When receiving a verbal offer over the phone, which phrase should you AVOID
                  saying in the moment. Answer\u2714\u2714 okay, great!
                  When you do not have a specific name of a contact to submit your cover letter and
                  resume to, what should you use? Answer\u2714\u2714 Dear Hiring Manager or Dear
                  Selection Committee
                  Clifton Strengths Answer\u2714\u2714 1. Discipline: I am someone who sets my mind to a
                  task and does not stop until that task is completed. I am able to work hard and put
                  in extra effort to meet deadlines and achieve what others expect of me.<\/p>\n\n\n\n

                    \n
                  1. Achiever: I feel fulfilled when I am able to cross off a completed task. I like to
                    wake up with a purpose and items to complete that fill my life with meaning.<\/li>\n\n\n\n
                  2. Context: I enjoy recognizing what has happened previously in the past in order
                    to build a foundation for the future. I do not like to repeat mistakes and believe that
                    past knowledge will prevent wasted time.<\/li>\n\n\n\n
                  3. Relator: I would rather have a few close and true friends than a large number of
                    fake friends. I want my closest people to be those I can count on and that push me
                    honestly to be a better version of myself.<\/li>\n\n\n\n
                  4. Significance: I want my work to have meaning. I like real results that better the
                    lives of others and make me feel like I have done something worthwhile.
                    Experiences to Include on a Resume Answer\u2714\u2714 Internships, Leadership,
                    Consulting projects, Scholarly Research, International Experience
                    resume do’s Answer\u2714\u2714 Clear layout, Be concise (1 full page), Use action verbs,
                    Be consistent, Key word optimization from job descriptions
                    Resume Tips Answer\u2714\u2714 No errors!, Easy to read, Visually appealing, Avoid
                    personal pronouns (“I” – “me” – “my”), Keyword optimization is a MUST to get
                    past ATS systems, Convert to pdf file before sending<\/li>\n\n\n\n
                  5. <\/li>\n<\/ol>\n\n\n\n

                    BUSAD 250 Exam 3 questions with correct
                    answers
                    Social Communication Model Answer\u2714\u2714 Interactive and conversational
                    Conventional Promotion Model Answer\u2714\u2714 “We Talk, You Listen”
                    Public broadcast, Lecture, Undirectional, One to Many
                    Core Message Answer\u2714\u2714 Single most important idea that a company hopes to
                    convey
                    Pull Strategy Answer\u2714\u2714 Stimulates consumer demand<\/p>\n\n\n\n

                      \n
                    • Through advertising if a customer wants it, they will pull it through the system
                      Advertising Appeal Answer\u2714\u2714 If you’re going to stimulate customer demand
                      1 on 1 sales interaction Answer\u2714\u2714 Personal selling
                      Prospecting Answer\u2714\u2714 In sales, searching for qualified customers
                      Public Relations Roles Answer\u2714\u2714 Communities, investors, industry analysis
                      Bait and Switch Answer\u2714\u2714 Attracting customers to one thing and pulling them in
                      for another<\/li>\n\n\n\n
                    • Illegal<\/li>\n<\/ul>\n\n\n\n

                      Push Strategy Answer\u2714\u2714 Focus on people selling it
                      -Motivating them to promote or push, products toward end users
                      Sales promotion Answer\u2714\u2714 Stimulates interest in a product<\/p>\n\n\n\n

                        \n
                      • Consumer Promotions: Coupons, Rebates, Point-of-purchase display, premiums
                        -Trade Promotions: Sales-promotion efforts aimed at inducing distributors to push
                        a producer’s products.
                        Line View Answer\u2714\u2714 A series of related tasks are completed in succession
                        Circular view Answer\u2714\u2714 A series of related tasks are completed in succession
                        that INCLUDES FEEDBACK
                        Systems Thinking Answer\u2714\u2714 Promote how they can contribute
                        -Help everyone see big picture
                        -Understand problem before you fix it
                        -Use mistakes as learning opportunities
                        How to Promote Systems Thinking Answer\u2714\u2714 Be straight forward with goals and
                        promote critical thinking of problems.
                        How to avoid recurring mistakes Answer\u2714\u2714 Use mistakes as an opportunity to
                        learn
                        Value Chain Answer\u2714\u2714 elements and processes of making a final product<\/li>\n<\/ul>\n\n\n\n

                        Busad 250 questions with correct answers
                        what is the rate that member banks charge each other to borrow money Answer\u2714\u2714
                        The federal funds rate
                        which of the following best describes socialism Answer\u2714\u2714 an economic system
                        characterized by public ownership and operation of key industries combines with
                        private ownership and operation of less vital industries
                        which of the following describes economics Answer\u2714\u2714 the study of how society
                        uses its scarce resources to produce and distribute goods and services
                        which of the following is not one of the four key roles the us gov plays in the
                        economy Answer\u2714\u2714 affecting exchange rates
                        —– is used as a label for a wide range of innovations that have the potential to
                        improve financial services and some and in some instances radically disrupt them
                        Answer\u2714\u2714 fintech
                        which of the following are complementary goods and or services Answer\u2714\u2714 cars
                        and car tires
                        an economy in which individuals and businesses have the most freedom to make
                        decisions based on what a consumer needs and wants Answer\u2714\u2714 capitalist
                        economy
                        which of the following best describes pure competition Answer\u2714\u2714 a situation in
                        which so many sellers sell the same type of product and no single buy or seller can
                        individually influence market prices<\/p>\n\n\n\n

                        which of the following products is counted as part of the us gross domestic product
                        Answer\u2714\u2714 the value of a new automobile produced in the US
                        which of the following topics would someone studying macroeconomics most
                        likely be interested Answer\u2714\u2714 the effect of a government regulation on the
                        economy
                        in which of the following topics would someone studying microeconomics be most
                        likely interested Answer\u2714\u2714 a review of a certain corporations budget
                        increasing taxes is an example of the government using _ to affect the economy Answer\u2714\u2714 Fiscal Policy today a new wave of alternative money is happening in the form if Answer\u2714\u2714 cryptocurrencies There are several bakeries and confectionaries in the Marksenian market economy, and each bakery sells breads, cakes, and sweets at different prices, which are not controlled by the government or any other organizational body. Customers who wish to buy these confectioneries are free to buy from any outlet they like. The country of Marksenia has a _<\/em><\/strong><\/em><\/strong>. Answer\u2714\u2714 free market economy
                        _ is used as a label for a wide range of innovations that have the potential to improve financial services and in some instances radically disrupt them Answer\u2714\u2714 Fintech __<\/em><\/strong> is a situation in which many sellers differentiate their products from those
                        competitors in at least some small way and are therefore able to charge different
                        prices for them Answer\u2714\u2714 monopolistic competiton<\/p>\n\n\n\n

                        which of the following describes nationalization Answer\u2714\u2714 is a government
                        takeover of selected companies or industries
                        housing starts and durable-goods orders are examples of Answer\u2714\u2714 leading
                        indicators in the economy
                        developing plans to determine the best ways in which a firm can raise additional
                        capital to launch a new product if primarily the job of a company’s _ Answer\u2714\u2714 financial managers customer support falls under which of the following major functional areas of a business Answer\u2714\u2714 marketing and sales people who enjoy competition, solving problems, working with other people, and more day to day freedom than the average person might be the most interesting in __<\/strong><\/em><\/strong> Answer\u2714\u2714 sales professionals
                        A person who enjoys solving difficult production and distrubution problem as well
                        as working with many different people in an organization is most likely to be
                        interested in becoming what type of professional Answer\u2714\u2714 operations manager
                        organizations that offer products tp their customers to earn a profit are known as
                        Answer\u2714\u2714 business
                        what is composed of people who work as independent contractors on a series of
                        short term projects or tasks Answer\u2714\u2714 the gig economy
                        online retailing is an example of a Answer\u2714\u2714 disruptive innovation<\/p>\n\n\n\n

                        which of the following indicated you are thinking more with a consumer mindset
                        than a business mindset Answer\u2714\u2714 You wonder how much you will have to pay
                        for a new curved plasma TV you want to buy and where you can get the best deal
                        on it.
                        during the last recession, many high-end retailers experienced a drop in sales this
                        was due to a change in the Answer\u2714\u2714 economic environment
                        identify the correct statement about goods and services offered by businesses
                        Answer\u2714\u2714 goods are physical products while serviced are intangible products
                        which type of professionals are primarily responsible for monitoring and reporting
                        a firms ongoing financial activities Answer\u2714\u2714 accounting managers
                        a marketing specialist is primarily responsible for which of the following activities
                        Answer\u2714\u2714 deciding how the benefits of a product should be advertised
                        in this scenario which of the following statement about the business is true
                        Answer\u2714\u2714 robs business made a profit of 50,000 last year
                        A person who enjoys figuring out how to find the best employees for an
                        organization, motive, and retain them is likely to most enjoy a job as an
                        Answer\u2714\u2714 human resources manager
                        when a company revenue is greater than its expenses, the company typically
                        experiences a Answer\u2714\u2714 profit<\/p>\n\n\n\n

                        BUSAD 250 EXAM 1 questions with correct
                        answers
                        New product in R&D Answer\u2714\u2714 Buy more capactiy
                        Risk vs. Reward Answer\u2714\u2714 -Higher the risk the more of the reward
                        -Without promise of rewards businesses would have no incentive to take on risks
                        -Decisions need to stay attached to the person who makes the decisions so they are
                        responsible for them
                        Market Environment Answer\u2714\u2714 -A company’s target customers, the buying
                        influences that shape the behavior of the customers, and competitors that market
                        similar products to those customers
                        -(Target Customers, Buying Influences, and Competitors)
                        Legal and Regulatory Envionment Answer\u2714\u2714 -Laws and regulations at local,
                        state, national, and international levels
                        Service Business Answer\u2714\u2714 Companies that create value by performing activities
                        that deliver some benefit to customers
                        Goods Producing Businesss Answer\u2714\u2714 Companies that create value by making
                        things most of which are tangible
                        Barrier to Entry Answer\u2714\u2714 Any resource or capability a company must have
                        before it can start competing in a given market
                        Examples: License or government testing<\/p>\n\n\n\n

                        Not for Profit Organization Answer\u2714\u2714 Organizations that provide goods and
                        services without having a profit motive
                        Business Mindset Answer\u2714\u2714 A view of businesses that considers the decisions
                        that must be made and the many problems that they must overcome before
                        companies can deliver the products to satisfy customer needs
                        Social Environment Answer\u2714\u2714 Trends and forces in society at large
                        Technological Environment Answer\u2714\u2714 Forces resulting from practical
                        application of science to innovations, products, and processes
                        -Can create or destroy business opportunites
                        Stakeholders Answer\u2714\u2714 Internal and external groups that affect the company’s
                        decisions
                        Economic Environment Answer\u2714\u2714 The conditions and forces that affect the cost
                        and availability of goods, services, and labor that shape the behavior of buyers and
                        sellers
                        Profit Answer\u2714\u2714 Money left over after all the costs involved in doing business
                        have been deducted from revenue
                        Revenue Answer\u2714\u2714 Money a company brings in through the sale of goods and
                        services
                        Competitive Advantage Answer\u2714\u2714 Some aspect of a product or company that
                        makes it more appealing to target customers<\/p>\n\n\n\n

                        Business Answer\u2714\u2714 Any profit seeking organization that provides goods and
                        services designated to satisfy customer needs
                        Financial Accounting Answer\u2714\u2714 The area of accounting concerned with
                        preparing financial information for users outside the organization
                        Management Accounting Answer\u2714\u2714 The area of accounting concerned with
                        preparing data for use by managers inside the organization
                        Private Accountants Answer\u2714\u2714 In house accountants employed by organizations
                        and businesses other than a public accounting firm
                        Public Accountants Answer\u2714\u2714 Professionals who provide accounting services to
                        other businesses and individuals for a fee
                        Controller Answer\u2714\u2714 The highest ranking accountant in a company
                        CPA Answer\u2714\u2714 Professionally licensed accountants who meet certain
                        requirements for education and experience and who pass an exam
                        Audit Answer\u2714\u2714 Formal evaluation of the fairness and reliability of a client’s
                        financial statemetns
                        GAAP Answer\u2714\u2714 General Accepted Accounting Practices
                        -Standards and practices used<\/p>\n\n\n\n

                        BUSAD 250 Exam 1 questions with correct
                        answers
                        The framework that outlines how a firm plans to generate revenue is known as a(n)
                        _<\/em><\/strong><\/em><\/strong>.
                        A. balance sheet
                        B. income statement
                        C. business mindset
                        D. business model
                        E. stakeholder model Answer\u2714\u2714 D. business model
                        Service businesses create value by performing activities that provide benefits to
                        consumers, such as __<\/strong><\/em><\/strong><\/em>.
                        A. entertainment
                        B. audiobooks
                        C. furniture
                        D. software
                        E. music downloads Answer\u2714\u2714 A. entertainment
                        ________<\/em><\/strong><\/em><\/strong> attempt to operate efficiently and effectively to
                        accomplish their goals but are not motivated by profits.
                        A. For-profit organizations
                        B. Green businesses
                        C. Service businesses
                        D. Not-for-profit organizations
                        E. Goods-producing businesses Answer\u2714\u2714 D. Not-for-profit organizations<\/p>\n\n\n\n

                        In a business, after all expenses are paid, the leftover money is called
                        .
                        A. liabilities
                        B. profit
                        C. accounts receivable
                        D. wages
                        E. revenue Answer\u2714\u2714 B. profit
                        The<\/em> function’s responsibility involves finding opportunities in the
                        marketplace, working with research and development to create products that take
                        advantage of those opportunities, creating promotional strategies to connect with
                        likely consumers, and establishing prices.
                        A. distribution
                        B. marketing
                        C. customer support
                        D. operations
                        E. finance Answer\u2714\u2714 B. marketing
                        _<\/strong><\/em><\/strong>, such as smart phones and social media, fundamentally change the
                        nature of an industry and can be influential enough to create or destroy whole
                        companies.
                        A. Service businesses
                        B. Social environments
                        C. Barriers to entry
                        D. Social entrepreneurs
                        E. Disruptive technologies Answer\u2714\u2714 E. Disruptive technologies<\/p>\n\n\n\n

                        The _____<\/em><\/strong><\/em><\/strong> is comprised of specific consumers, influences that
                        affect the purchasing behavior of those consumers, and competitors that sell
                        similar products to those consumers.
                        A. social environment
                        B. legal environment
                        C. market environment
                        D. economic environment
                        E. technological environment Answer\u2714\u2714 C. market environment
                        The __<\/strong><\/em><\/strong> function ensures consumers have the assistance and
                        information they require before, during, and after a purchase is made.
                        A. human resources
                        B. customer support
                        C. sales
                        D. operations
                        E. marketing Answer\u2714\u2714 B. customer support
                        Every company takes risks in order to conduct business. Which of the following
                        statements linking risk and reward is not correct?
                        A. Without rewards, businesses would have no incentives to take risks.
                        B. Businesses take risks in anticipation of future rewards.
                        C. Without entrepreneurs and companies willing to accept risk, very little would
                        get done in the economy.
                        D. The risk associated with business decisions needs to stay attached to those
                        decisions.
                        E. Any company that believes it can pursue rewards without facing risks has strong
                        decision-making entrepreneurs. Answer\u2714\u2714 E. Any company that believes it can
                        pursue rewards without facing risks has strong decision-making entrepreneurs.<\/p>\n\n\n\n

                        Which of the following business functions involves purchasing, logistics, and
                        facilities management?
                        A. Research and development
                        B. Finance
                        C. Information technology management
                        D. Marketing management
                        E. Operations management Answer\u2714\u2714 E. Operations management
                        Matt is a manager at Lawn Care Products (LCP). His primary responsibilities
                        include recruiting, hiring, and supporting employees as well as making sure the
                        company is in compliance with regulations regarding employee rights and
                        workplace safety. Which function does Matt perform at LCP?
                        A. Human resources
                        B. Customer support
                        C. Finance
                        D. Operations
                        E. Sales Answer\u2714\u2714 A. Human resources
                        Which function can be utilized for both marketing products to retailers and
                        delivering products after the sale?
                        A. Distribution
                        B. Marketing
                        C. Finance
                        D. Sales
                        E. Information technology Answer\u2714\u2714 A. Distribution<\/p>\n\n\n\n

                        BUSAD 250 questions with correct answers
                        Explain the definition of working capital and the balance sheet accounts
                        Answer\u2714\u2714 how much cash and inventory on hand: would use A\/R, A\/P,
                        Inventory
                        Know the various internal and external sources of funds available to a business and
                        be able to distinguish a source as being either internal or external Answer\u2714\u2714
                        internal-sale of stock or assets, retained earnings
                        external- loans, lease, shares
                        Understand the role of financial management and the insights that it provides to
                        business managers Answer\u2714\u2714 balancing short term and long term demands,
                        balancing potential risks+ rewards, balancing leverage and flexibility
                        Define leverage and how it is used in business Answer\u2714\u2714 increasing the rate of
                        return on an investment by financing it with borrowed funds
                        Explain what a budget is and the types of financial information contained in it
                        Answer\u2714\u2714 Expected revenues, operating expenses, cash receipts, and outlays
                        Understand the various types of budgets that businesses prepare and how each
                        form of budget is used Answer\u2714\u2714 start-up, operating, capital, project
                        Understand teh differneces between debt and equity financing and how a business
                        raises cash with each source of funding Answer\u2714\u2714 Debt-arranging funding by
                        borrowing money
                        Equity Financing-selling ownership shares in teh company<\/p>\n\n\n\n

                        Explain what the capital structure of a represents and what it represents
                        Answer\u2714\u2714
                        Understand the definition and relevance of Opportunity Costs to a business
                        Answer\u2714\u2714
                        Understand the various forms of debt financing and which are short-term versus
                        long-term funding sources Answer\u2714\u2714
                        Understand the differences between Descriptive, Predictive, and prescriptive
                        analytics and be able to explain how management would use each form of analytics
                        to address questions about their business Answer\u2714\u2714
                        Identify teh sources of infromation and datat that the business analytics utilizes
                        Answer\u2714\u2714
                        Explain teh benefits that busineses derive from teh use fo business analytics
                        Answer\u2714\u2714
                        Understand the concept of relationship marketing and its associated benefits to a
                        business Answer\u2714\u2714 developing long term relationships with customers (customer
                        loyalty)
                        Explain what is involved in preparation of Marketing Research Answer\u2714\u2714
                        collecitn information for making marketing decisions (observing, surveying,
                        interviews)
                        Understand teh types of marketing used by businesses and ethics associated with
                        each. Answer\u2714\u2714 permission based-customer agrees to receive marketing info<\/p>\n\n\n\n

                        BUSAD 250 questions with correct answers
                        what are the three types of analytics Answer\u2714\u2714 descriptive, predictive,
                        prescriptive
                        what are descriptive analytics Answer\u2714\u2714 the use of data to understand past and
                        current business performance and make informed decisions; the most commonly
                        used and most well-understood type of analytics
                        what are predictive analytics Answer\u2714\u2714 a component of business analytics that
                        seeks to predict the future by examining historical data, detecting patterns or
                        relationships in these data, and then extrapolating these relationships forward in
                        time
                        what are prescriptive analytics Answer\u2714\u2714 a component of business analytics that
                        uses optimization to identify the best alternatives to minimize or maximize some
                        objective
                        what’s another word to describe descriptive analytics Answer\u2714\u2714 historical
                        what’s another word to describe predictive analytics Answer\u2714\u2714 forecasting
                        what’s another word to describe prescriptive analytics Answer\u2714\u2714 diagnostics
                        what is business analytics Answer\u2714\u2714 using data, information technology,
                        statistics, and math or computer based models to make high quality, fact based
                        decisions (not intuitive)<\/p>\n\n\n\n

                        what is an example of how business analytics are helpful Answer\u2714\u2714 helps
                        managers gain improved insight about their business operations
                        primary function of business analytics Answer\u2714\u2714 to promote better decision
                        making overall
                        how do you find working capital Answer\u2714\u2714 current assets minus current
                        liabilities
                        what are examples of capital budgets Answer\u2714\u2714 long term budgets (equipment,
                        land, machinery)
                        what is a capital budget Answer\u2714\u2714 a budget that outlines expenditures for real
                        estate, new facilities, major equipment, and other capital investments
                        what are examples of an operating budget Answer\u2714\u2714 current expenses within that
                        year
                        what is the operating budget known as Answer\u2714\u2714 the master budget
                        what is an external source of obtaining funds for a business Answer\u2714\u2714 look this
                        up or ask nicole
                        what is a company that has high leverage Answer\u2714\u2714 a company has more debt
                        than equity
                        what is a budget Answer\u2714\u2714 a planning and control tool that reflects expected
                        revenues, operating expenses, and cash receipts and outlays<\/p>\n\n\n\n

                        what is a financial plan Answer\u2714\u2714 a document that outlines the funds needed for
                        a certain period of time, along with the sources and intended uses of those funds
                        what is equity financing Answer\u2714\u2714 arranging funding by selling ownership
                        shares in the company, publicly or privately
                        what is financial management Answer\u2714\u2714 planning for a firm’s money needs and
                        managing the allocation and spending of funds
                        what are the three fundamental concepts of financial management Answer\u2714\u2714 1.
                        balancing short-term and long-term demands<\/p>\n\n\n\n

                          \n
                        1. balancing potential risks and potential rewards<\/li>\n\n\n\n
                        2. balancing leverage and flexibility
                          what are accounts receivable (u got this) Answer\u2714\u2714 amounts that are currently
                          owed to a firm
                          what are accounts payable (easy money here) Answer\u2714\u2714 amounts that a firm
                          currently owes to other parties
                          what is financial control Answer\u2714\u2714 the process of analyzing and adjusting the
                          basic financial plan to correct for deviations from forecasted events
                          what are three budgeting challenges according to timmy’s notes Answer\u2714\u2714 1.
                          every company has a limited amount of money to spend<\/li>\n\n\n\n
                        3. revenues and costs are often difficult to predict<\/li>\n\n\n\n
                        4. it’s not always clear how much should be spent<\/li>\n<\/ol>\n\n\n\n

                          BUSAD 250 Final Exam Study Guide
                          Which of the following statements about managers and the management process is
                          TRUE? Answer\u2714\u2714 According to one study, 33% of new managers fail within the
                          first 18 months.
                          ________<\/em><\/strong><\/em><\/strong> skills refer to a manager’s ability to identify a problem,
                          analyze it, evaluate the alternatives, choose an appropriate solution, implement it,
                          and review the results. Answer\u2714\u2714 Decision-making
                          The ________<\/em><\/strong><\/em><\/strong> function of an organization can help reduce
                          uncertainty, provide for more focused action, and increase a business’s ability to
                          respond to change. Answer\u2714\u2714 planning
                          Julia is a product manager for an automobile manufacturing firm. She delegates
                          part of her duties to some of the workers who she supervises and involves them
                          when key decisions need to be made. She appreciates new ideas and encourages
                          suggestions from her staff. Julia is an example of which type of leadership?
                          Answer\u2714\u2714 Democratic
                          Which of the following examples represents a technical skill that managers must
                          have in order to be effective? Answer\u2714\u2714 The ability to operate a flexible
                          machining center that makes auto parts.
                          Setting the strategic direction and priorities of the business are activities that would
                          frequently be performed by a ________<\/em><\/strong><\/em><\/strong>. Answer\u2714\u2714 top-level
                          manager
                          ________<\/em><\/strong><\/em><\/strong> skills refer to a manager’s ability to identify the variables
                          in a problem and understand their relationship to the problem’s solution.
                          Answer\u2714\u2714 Conceptual<\/p>\n\n\n\n

                          A(n) ________<\/em><\/strong><\/em><\/strong> leader is likely to determine what the goals of
                          followers will be, when they need to be achieved, and how to achieve them with
                          little or no input from the group. Answer\u2714\u2714 autocratic
                          Managers make use of their ________<\/em><\/strong><\/em><\/strong> skills when they
                          communicate, negotiate, or resolve conflicts among members of their departments.
                          Answer\u2714\u2714 interpersonal
                          Which of the following characteristics is associated with effective leader
                          performance? Answer\u2714\u2714 emotional intelligence
                          Which of the following statements about management and leadership is TRUE?
                          Answer\u2714\u2714 Managers provide structure and leaders facilitate change.
                          Dynamo Energy Inc. is shifting its strategic focus away from an emphasis on
                          internal hierarchies and employee control to focus on agility and the ability to
                          respond quickly to its very dynamic competitive environment. It is likely that the
                          company will need to change its ________<\/em><\/strong><\/em><\/strong> to accomplish this.
                          Answer\u2714\u2714 organization structure
                          The advantages of using ________<\/em><\/strong><\/em><\/strong> in businesses include potential
                          for higher quality decisions, increased diversity of perspectives, and improved
                          flexibility and responsiveness to change. Answer\u2714\u2714 teams
                          ________<\/em><\/strong><\/em><\/strong> may develop when there is competition for scarce
                          resources, disagreement over responsibilities, or when team members pursue
                          different goals. Answer\u2714\u2714 Team conflict<\/p>\n\n\n\n

                          BUSAD 250 exam 2 prep questions with correct
                          answers
                          _____<\/em><\/strong><\/em><\/strong> is used to increase product recognition and recall,
                          communicate information, and enhance overall product value Answer\u2714\u2714 branding
                          products that have _<\/em><\/strong><\/em><\/strong> are referred to as goods Answer\u2714\u2714 a high
                          percentage of tangible characteristics
                          Joann decides to buy a new laptop computer. She compares many products and
                          considers such aspects as processor, RAM, data storage, graphics, and size before
                          finalizing her decision. In this case the new laptop is an example of
                          a(n). Answer\u2714\u2714 shopping product
                          which pricing strategy is often used for products in the introduction stage of the
                          product life cycle to recover research and development cost? Answer\u2714\u2714 skim
                          A product with high brand preference means that customers
                          _______________<\/em><\/strong><\/em><\/strong> Answer\u2714\u2714 will generally choose that product over
                          other alternatives but may accept substitutes
                          Rose Perfumes is a well known perfume brand in Europe that offers a large
                          collection of perfumes to its customers. in order to expand its business , the firm
                          decides to enter the U.S. market the firm decides to set its prices very low to
                          capture the market share rapidly. Which pricing strategy is rose perfumes using?
                          Answer\u2714\u2714 Penetration
                          Matching buyers to sellers providing market information, facilitating transactions,
                          and supporting customers are some of the value added contributions made by
                          _<\/em><\/strong><\/em><\/strong> Answer\u2714\u2714 marketing intermediaries<\/p>\n\n\n\n

                          Macy Pools is a business that distributes swimming pool chemicals, pool
                          equipment and pool supplies. The business buys products from manufacturers,
                          takes legal title to the goods, and then resells them to companies and government
                          agencies. Macy Pools also sells its own products to small business owners who
                          resell them to individuals for their own personal use. Macy Pools can be classified
                          as which type of marketing intermediary? Answer\u2714\u2714 merchant wholesaler
                          How do agents and brokers differ from other wholesale businesses? Answer\u2714\u2714
                          unlike wholesalers brokers and agents do not take ownership of products
                          _<\/em><\/strong><\/em><\/strong> refers to the planning, movement, and flow of goods and related
                          information throughout the supply chain Answer\u2714\u2714 logistics
                          ____<\/strong><\/em><\/strong><\/em> are marketing intermediaries who sell products to consumers
                          for personal consumption Answer\u2714\u2714 retailers
                          Customer needs and expectations, product support requirements, and market
                          segmentation characteristics must be considered when making what kind of
                          decisions? Answer\u2714\u2714 distribution channel decisions
                          the success of a company’s __<\/em><\/strong><\/em><\/strong> is determined by its ability to achieve
                          a competitive level of service at the lowest total cost? Answer\u2714\u2714 physical
                          distribution activities
                          the role of _<\/em><\/strong> is to balance the short term and long term demands for
                          funds, evaluate risk and reward, and balance the use of external and internal
                          sources of funds needed by the business Answer\u2714\u2714 financial management<\/p>\n\n\n\n

                          BUSAD 250 EXAM 3 FLORER questions with
                          correct answers
                          Which of the following represents the values and guidelines for proper conduct
                          recognized in the workplace and everyday life as appropriate or inappropriate?
                          A. Affirmative action
                          B. Transparency
                          C. Ethics
                          D. Philanthropy
                          E. Corporate social responsibility Answer\u2714\u2714 C. Ethics
                          The notion that a company has certain duties toward humanity that it must meet,
                          excluding activities involving building revenue, is known as _<\/strong><\/em><\/strong>.
                          A. consumerism
                          B. conflicts of interest
                          C. corporate social responsibility
                          D. transparency
                          E. ethics Answer\u2714\u2714 C. corporate social responsibility
                          Which of the following views of corporate social responsibility states that the only
                          responsibility companies have is to be ethical in their activities for increasing
                          profits?
                          A. Proactive CSR
                          B. Minimalist CSR
                          C. Defensive CSR
                          D. Cynical CSR
                          E. Ethical CSR Answer\u2714\u2714 B. Minimalist CSR<\/p>\n\n\n\n

                          Which of the following describes a situation in which a company carries out
                          everyday business utilizing methods to reduce pollutants and resource depletion in
                          order to guarantee upcoming generations will have availability to critical
                          resources?
                          A. Transparency
                          B. Affirmative action
                          C. Minimalist CSR
                          D. Sustainable development
                          E. Cap and trade Answer\u2714\u2714 D. Sustainable development
                          Which of the following forces companies to take customer demands and interests
                          into account and has provoked several companies to develop customer affairs
                          divisions in order to handle customer grievances?
                          A. Strategic corporate social responsibility
                          B. Insider trading
                          C. Consumerism
                          D. Affirmative action
                          E. Philanthropy Answer\u2714\u2714 C. Consumerism
                          Which of the following has helped shift the power of commerce from the sellers to
                          the buyers?
                          A. Social media
                          B. The Consumer Product Safety Commission
                          C. Consumer Affairs departments
                          D. Consumerism
                          E. Identity theft Answer\u2714\u2714 A. Social media<\/p>\n\n\n\n

                          BUSAD 250 exam 3 questions with correct
                          answers
                          difference between needs and wants in marketing Answer\u2714\u2714 A need is a
                          consumer ‘s desire for a product ‘s or service ‘s specific benefit, whether that be
                          functional or emotional. A want is the desire for products or services that are not
                          necessary, but which consumers wish for.
                          Concept of relationship marketing and its benefits Answer\u2714\u2714 of building a
                          customer’s trust and loyalty with a brand
                          what is involved in preparation of Marketing Research? Answer\u2714\u2714 Market
                          research involves gathering information about your: industry and market
                          environment – to understand factors external to your business. customers – to
                          develop a customer profile. competitors – to develop a competitor profile.
                          the types of marketing used by businesses and ethics associated with each
                          Answer\u2714\u2714 Permission based: firms ask permission to deliver messages to an
                          audience Stealth: the delivery of the marketing message to people who are not
                          aware that they are being marketed to
                          Explain what a Customer Relationship Management System is and how businesses
                          use them Answer\u2714\u2714 the combination of practices, strategies and technologies that
                          companies use to manage and analyze customer interactions and data throughout
                          the customer lifecycle
                          With regards to Purchasing, understand the differences between an
                          organization\/business and a consumer’s decision-making process. Answer\u2714\u2714
                          Organizations purchase goods to use in their ongoing operations and to resell to
                          consumers, while consumers purchase goods for their personal use<\/p>\n\n\n\n

                          Understand the various types of Product Marketing Strategies and be able to
                          identify the specific strategy that a business is using. Answer\u2714\u2714 Cause Marketing.
                          Cause marketing, also known as cause-related marketing, links a company and its
                          products and services to a social cause or issue.
                          Relationship Marketing. \u2026
                          Scarcity Marketing. \u2026
                          Undercover Marketing.
                          Understand Strategic Marketing Planning and the steps involved in preforming this
                          process. Answer\u2714\u2714 Step #1: Discover Yourself. \u2026
                          Step #2: Do an External Review. \u2026
                          Step #3: Investigate Markets, Customers. \u2026
                          Step #4: Determine Brand Positioning. \u2026
                          Step #5: Build out Messaging. \u2026
                          Step #6: Select Communication Channels. \u2026
                          Step #7: Implement, Evaluate, and Iterate.
                          what Market Share is and what it represents? Answer\u2714\u2714 Market share represents
                          the percentage of an industry, or a market’s total sales, that is earned by a particular
                          company over a specified time period.
                          the concept of Market Segmentation and various ways that a business can segment
                          the market? Answer\u2714\u2714 Market segmentation creates subsets of a market based on
                          demographics, needs, priorities, common interests, and other psychographic or
                          behavioral criteria used to better understand the target audience. By understanding
                          your market segments, you can leverage this targeting in product, sales, and
                          marketing strategies.<\/p>\n\n\n\n

                          BusAd 250 Exam 3 questions with correct
                          answers
                          Which step in the movement of products to a potential customer involves
                          persuading the consumer to actually make a purchase?
                          A. Stimulating action
                          B. Building preference
                          C. Providing information and generating positive emotional connections
                          D. Reminding past customers
                          E. Generating awareness Answer\u2714\u2714 A. Stimulating action
                          __<\/em><\/strong> is a promotional technique that involves motivating intermediaries to
                          inspire consumers to purchase specific products.
                          A. Direct marketing
                          B. Advocacy advertising
                          C. A pull strategy
                          D. A push strategy
                          E. Product placement Answer\u2714\u2714 D. A push strategy
                          Which of the following types of advertising appeals is best for business-to-business
                          sales with concerns such as profitability, quality, and technical matters and usually
                          involves rational, fact-based persuasion?
                          A. Emotion
                          B. Logic
                          C. Humor
                          D. Celebrity
                          E. Scarcity Answer\u2714\u2714 B. Logic<\/p>\n\n\n\n

                          Which of the following represents a promotional messaging method that involves
                          presenting a business’s views on community matters?
                          A. Conversation marketing
                          B. Direct response television
                          C. Specialty advertising
                          D. Advocacy advertising
                          E. Institutional advertising Answer\u2714\u2714 D. Advocacy advertising
                          Which type of direct marketing media involves the utilization of media to
                          influence an instant purchasing reaction from consumers?
                          A. Direct response online
                          B. Direct response television
                          C. Search engine marketing
                          D. Email
                          E. Direct mail Answer\u2714\u2714 B. Direct response television
                          What is one of the greatest advantages of direct marketing?
                          A. Website links can easily be embedded.
                          B. There is greater ability for product placement.
                          C. There is less need for multichannel marketing efforts.
                          D. The results are measurable.
                          E. There is a larger target audience. Answer\u2714\u2714 D. The results are measurable.
                          Which step in the personal selling process involves discovering and ensuring that
                          consumers meet certain requirements?<\/p>\n\n\n\n

                          A. Approaching potential customers
                          B. Prospecting
                          C. Closing
                          D. Aligning with customer needs
                          E. Preparing Answer\u2714\u2714 B. Prospecting
                          As a salesperson, Jane advises and helps her customers in discovering the best
                          products to meet their personal requirements. Jane is utilizing which of the
                          following approaches?
                          A. Consultative selling
                          B. Direct marketing
                          C. Personal selling
                          D. Specialty advertising
                          E. Prospecting Answer\u2714\u2714 A. Consultative selling
                          Which type of sales promotions includes offering no-cost or very low-cost items to
                          consumers to motivate them to purchase a certain product?
                          A. Coupons
                          B. Point-of-purchase displays
                          C. Trade allowances
                          D. Premiums
                          E. Rebates Answer\u2714\u2714 D. Premium
                          Which of the following is the biggest category of consumer promotion?
                          A. Event sponsorship
                          B. Coupons<\/p>\n\n\n\n

                          C. Rebates
                          D. Point-of-purchase displays
                          E. Samples Answer\u2714\u2714 B. Coupons
                          Another name for word-of-mouth marketing is _<\/em><\/strong>.
                          A. community participation marketing
                          B. social media marketing
                          C. voluntary marketing
                          D. viral marketing
                          E. user-generated content marketing Answer\u2714\u2714 D. viral marketing
                          Which of the following is a short message sent to the media on a topic of potential
                          news interest?
                          A. Social media release
                          B. Public relations release
                          C. Press conference
                          D. Press release
                          E. Direct-to-consumer press release Answer\u2714\u2714 D. Press release
                          Ads that highlight how one product is better than another use what type of
                          advertising?
                          A. Appeal
                          B. Comparative
                          C.Advocacy
                          D.Product
                          E.Attack Answer\u2714\u2714 B. Comparative<\/p>\n","protected":false},"excerpt":{"rendered":"

                          BUSAD 203 Final questions with correctanswersPurpose of resume Answer\u2714\u2714 assists (in obtaining interview), initiates (contact),provides (summary), facilitates (interview)Resume Do’s Answer\u2714\u2714 clear layout, concise, action verbs, consistent, industryvocabResume Don’ts Answer\u2714\u2714 controversial, negative words, age, religion, outdatedmaterialResume Objective\/Professional Summary Answer\u2714\u2714 specific and employercenteredResults\/Outcomes= Answer\u2714\u2714 accomplished, as measured by, by doingResume References Answer\u2714\u2714 separate page, 3-5, ask permissionCover […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-118102","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/118102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=118102"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/118102\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=118102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=118102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=118102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}