View the step-by-step solution to:

BMGT110 Quiz #2 Name:_______________________________ The following quiz is a mixture of completion (definition) questions, true/false, multiple...

Need help with answering quiz questions

BMGT110 Quiz #2 Name:_______________________________ The following quiz is a mixture of completion (definition) questions, true/false, multiple choice and essay questions. The total quiz is worth 25 points. This quiz is due by midnight on Saturday, December 8, 2012. Completion (1/2 pt each) Directions: Complete the following using these terms: A. human resource management B. listening C. empowerment D. benchmarking E. marketing mix F. performance appraisal G. income statement H. Gantt chart I. morale J. employment at will 1. The function of recruiting, developing and retaining sufficient numbers of qualified employees is called _______________. 2. ________means the employment relationship can be started or terminated at any time by either the employee or the employer. 3. Evaluation of an employee’s job performance is _____________. 4. ________ is the mental attitude of employees toward their employer and jobs. 5. Skill of receiving a message and interpreting its meaning is ___________. 6. ________ means giving employees authority and responsibility to make decisions about their work. 7. One of the oldest analytical methods for help with scheduling, the __________, tracks projected and actual work progress over time. 8. Learning about and trying to imitate the practices of industry leaders is called ________. 9. A firm’s ________blends four strategies to fit the needs and preferences of a specific target market. 10. A financial record of a company’s revenues, expenses and profits over a period of time is called the _________.
Background image of page 1
BMGT110 Quiz #2 True or False (1/2 pt each) Directions: Use “A” for True and “B” for False 1. Financial managers are usually staff managers responsible for developing and implementing the firm’s financial plan. ________ 2. The three principal financial statements are the balance sheet, income statement and the statement of retained earnings. _______ 3. Accrual accounting recognizes revenues and expenses when they occur, not necessarily when cash changes hands. _________ 4. A current liability is one that is due within 3years. _________ 5. A virus can steal or alter data. ________ 6. Computer crime rarely includes the theft of equipment today. ________ 7. Breakeven analysis calculates the level of sales required to cover all of the company’s fixed and variable costs. _________ 8. A firm will always have to cut prices if it wants to increase market share. ______ 9. Erica is aware of both Coke and Pepsi, but she buys whichever is on sale. Erica is at the stage of brand recognition but not yet at the stage of brand preference. ____ 10. Market segmentation attempts to isolate the traits that distinguish a certain group of consumers from the overall market. ________ Multiple Choice (1 pt each) Directions: Directions: Circle or clearly identify the letter associated with the most correct answer. Please identify your answers clearly. If I have to guess, my guess will stand. Thank you. 1. The assumption that people’s needs are arranged in a hierarchy of importance is based on the ideas of _________. a. Robert Lecring b. Barack Obama c. Abraham Maslow d. Marshal Adams 2. Which firm would be LEAST likely to select a plant location based on proximity to raw materials? a. a sheetrock manufacturer b. a television manufacturer c. a petroleum refiner d. a gold mine 3. Which of the following statements is true of McDonalds, Ford and American Express? a. They are easy to pronounce, recognize and remember. b. They are not good brand names. c. They are colorful. d. Their company’s stock always sell at a higher price than their competitors. 4. Advertising that supports a specific viewpoint on a public issue is _______. a. a form of product advertising
Background image of page 2
Show entire document
Sign up to view the entire interaction

Top Answer

Let me explain the... View the full answer

8409187.docx

8409187
Completion
1. The function of recruiting, developing and retaining sufficient numbers of qualified
employees is called human resource management.
2. Employment at will means the employment...

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online