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Which of the following is considered a good?


A) Milk and eggs
B) Managing a team
C) Selling groceries
D) All of the above

E) B) and D)
F) All of the above

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The __________ resources department maintains policies,plans,and procedures for a company.

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Trina Hauger works for Johnson Electric as a corporate lawyer and part of her duties are to ensure the ethical and legal use of information within the company.Which of the following represents Trina's role at Johnson Electric?


A) Chief Knowledge Officer (CKO) .
B) Chief Privacy Officer (CPO) .
C) Chief Technology Officer (CTO) .
D) Chief Information Officer (CIO) .

E) A) and B)
F) All of the above

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Information technology can enable departments to more efficiently and effectively perform their core _____________.


A) Facts.
B) Feedback mechanisms.
C) Business operations.
D) Media issues.

E) A) and B)
F) A) and C)

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Your boss,Tom Repicci,has asked you to analyze the airline industry using Porter's three generic strategies.Which of the following companies are using a cost leadership strategy?


A) Southwest,Horizon,Frontier,JetBlue.
B) British Airways,Singapore Airlines,Virgin Atlantic.
C) Sky Taxi - a rent by the hour personal plane service.
D) All of the above.

E) C) and D)
F) B) and D)

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Companies are organized by departments.The __________ department is responsible for maintaining records,measures,and reports monetary transactions.

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Describe Porter's Five Forces Model and explain each of the five forces.

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Porter's Five Forces Model analyzes the ...

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Cooking a patty and putting the ingredients together are included in which category of making a hamburger?


A) Input
B) Process
C) Output
D) All of the above

E) A) and B)
F) All of the above

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Cooking a patty and putting the ingredients together are included in the process of making a hamburger.

A) True
B) False

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If you were thinking about an oven as a system which of the following represents the output?


A) The uncooked food.
B) The cooked food.
C) A light indicating that the oven has reached the preheated temperature.
D) The oven running at 350 degrees for 20 minutes.

E) All of the above
F) C) and D)

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Bread,cheese,and butter are included in the process of making a grilled cheese sandwich.

A) True
B) False

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__________ is the rate at which goods and services are produced based upon total output given total inputs.

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Which of the following represents the relationship between functional areas in a business?


A) Independent
B) Autonomous
C) Interdependent
D) Self-sufficient

E) A) and C)
F) C) and D)

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A car is an example of a _________.

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The chief technology officer is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks from hackers and viruses.

A) True
B) False

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The sales and marketing departments primarily use production data.

A) True
B) False

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A fact is the confirmation or validation of an event or object.In the past,people primarily learned facts from books.

A) True
B) False

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According to Porter companies that wish to dominate broad markets should operate using a ________ strategy.


A) Cost leadership with a low cost
B) Differentiation with a low cost
C) Cost leadership with a high cost
D) All of the above

E) A) and B)
F) A) and C)

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The chief privacy officer is responsible for ensuring the ethical and legal use of information within a company.

A) True
B) False

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Michael Porter identified pressures that can hurt potential sales.Knowledgeable customers can force __________ prices by pitting rivals against each other.

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