Questions were asked word for word on the exam

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______  -- Questions were asked word for word on the exam! ______  -- Answers that were confirmed through the internet. Took this test on 26 Oct 10 and scored a 434. Questions were very vague. There could have been  numerous answers for each one.   I took an old study guide and highlighted/typed out  36  questions that  were definitely on the test. If you did minimal studying in conjunction with these questions/answers you’ll  ACE this!!! Had a lot of questions in the following subjects so know them well (2 or more questions each topic): Business models (Sole Prop, Partnerships, Corporations, Franchises) (Liability, Taxes, Benefits,  Disadvantages, Specifics of each) Monetary and Fiscal Policies Tariffs and Taxes Ecommerce ISO 9000 and 14000 Social Responsibility Short Term and Long Term forecasting and planning Sarbanes Oxley Act Accounting Financial statements (Balance Sheet, Cash Flows, Budgets, etc) Small Business (financing, business plan) Global trade  Marketing Products Specifics: Absolute Advantage OSHA fines FDA NAFTA (know more than just who are members) Sales Transaction (process) Product Life Cycle Contingent Worker
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INTRO TO BUSINESS Commitment to Stakeholders Wholesalers (what they do) Strikes Union Disputes Accountants Auditors Major purchase decisions Baldridge Award Piecework Exchange Rate Transportation Computer memory Balance of Trade UCC National Economy Ethics Marketing Mix Computer Software Leveraging Liquidity Federal Reserve Bank Regulation Acts HR (staffing)  Types of Economies 1. Marketing strategies. 2. Different types of stocks, bonds, and other securities 3. Different types of businesses and their taxation 4. mixed economy(example) 5. perfect competition 6. capitalism -who is the father 7. Maslow's hierarchy 8. trade deficit 9. NFTA 10. monopoly and oligopoly 11. market system in America Break Event Analysis Management Functions: Controlling, planning, organizing, staffing and directing Organizational Charts Span of Control There was on question that referred to defining flextime.
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INTRO TO BUSINESS Regulation Act's, such as Clayton, Sherman, and Federal Trade Comm... - European Union-- what country's are involved - Know about franchises, what the benifits are and who is the franchiser and frandchisee TERMS TO KNOW --- most are in the IC study guide - Collective Bargaining - Joint Venture - Dumping - Proprietorship's --- the most COMMON form of business - Stocks--- what dividends are, who gets paid last in case of bankruptcy - Delegation in reference to management - Different types of insurance- liability, business, etc...
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