BUS 475 Capstone Final Examination Part 1

UOP Students portal is the largest study material store which provide BUS 475
Capstone Final Examination Part 1, bus 475 sample final exam answers, bus 475
week 3 final exam part 1, bus 475 final exam answer key free, bus 475 final exam
100 questions etc.

BUS 475 Capstone Final Examination Part 1 (100% Correct Solution)

1.
Article 6 of the Treaty on European Union, called the Maastricht
Treaty, states the EU is founded on:

specific performance

stare daisies

private markets

rule of law

2.
Which of the following is the path through
which contractionary monetary policy works?

Money down implies interest rate up implies investment up implies

income down

Money down implies interest rate up implies investment down

implies income down

Money down implies interest rate down implies investment down

implies income down

Money down implies interest rate down implies investment up

implies income down
3.

Marketing research refers to__________.

the use of information technology to find objective solutions to a

marketing problem
1


the process of systematically collecting and analyzing information
in order to define a marketing problem

the process of defining a marketing problem and opportunity,

systematically collecting and analyzing information, and recommending
actions

the science of using observable human behavior in order to identify

and solve marketing problems

4.
_____ is the process of converting meaning into messages composed of
words and nonverbal signals.

Translating

Decoding

Encoding

Filtering

5.
Sam, a marketing manager, often makes ethical decisions based on
what others feel about those decisions. He often considers opinions from
other managers and employees. Which of the following ethical systems do
Sams decisions follow?

6.

Consequentialism

Utilitarianism

Relativism

Egoism

The depreciation of currency will:

improve a countrys comparative advantage.

worsen a countrys comparative advantage.

2

balance a trade surplus.

have no impact on a countrys comparative advantage.

7.
Which of the following is typically included in the drafting stage of
writing an effective business message?

Setting a positive and other-oriented tone

Sending the message to be proofread

Double-checking everything

Identifying the primary message and key points

8.
If a population is known to be normally distributed, what can be said
of the sample distribution of the sample mean drawn from this population?

For a sample size n < 30, the sampling distribution of the sample
mean is normally distributed.

For a sample size n > 30, the sampling distribution of the sample
mean is normally distributed.

For any sample size n, the sampling distribution of the sample mean
is normally distributed.

For a sample size n < 50, the sampling distribution of the sample
mean is normally distributed.
9.

Marketing refers to__________.

the activity for creating, communicating, delivering, and

exchanging offerings that benefit its customers, the organization, its
stakeholders, and society at large

the process of identifying target market segments for a product or

service

the activity involved in getting a product or service from the

manufacturer to ultimate consumers and organizational buyers
3


the production of products or services that will generate the highest
return on investment
10. Lori is using secondary research to develop a business report. How can
she write her report in a way that demonstrates originality in thought?

Cite all her research sources

Use the most current documentation guidelines

Generate her own conclusions and recommendations

Adopt a methodical approach to decision making

11. Annie, an employee who often attributes her team failures to bad luck,
attributes other teams failures to personal shortcomings. Which of the
following cognitive biases do Annies attributions exemplify?

Self-deception bias

Belief bias

In-group bias

Hindsight bias

12. When does the straw man fallacy occur?

When a person tries to disprove a claim based on its source.

When a person falsifies or overstates an adversarys position.

When a person considers only 2 alternatives even when other

options are available.

When a decision maker dismisses an alternative that fails to solve

the issue completely.
13. Which of the following types of unemployment is considered to be the
most controllable through demand-side macroeconomic policy?

Cyclical unemployment
4

Natural unemployment

Structural unemployment

Frictional unemployment

14. Microeconomics and macroeconomics are:

Interrelated because both are often taught by the same instructors

Interrelated because what happens in the economy as a whole is

based on individual decisions

Virtually identical, though one is much more difficult than the other

Not related because they are taught separately

15. Federal law and business leaders alike favor ____________ as a means of
governing private business ethics.

Self-regulation by companies

Establishment of federal regulators in all private companies to

establish and enforce ethical standards.

Giving the federal government exclusive jurisdiction regarding

ethics and ethics violation enforcement.

Creating uniform statutes of business ethics.

16. Which of the following statements is true of the WARN Act?

It requires employers to give notice to an at will employee that

he/she is being fired.

It requires employers to give notice of a scheduled mass layoff.

It requires employers to give notice to employees that they are

being subjected to polygraph tests.


It requires employers to give notice to employees that an
unscheduled drug test will be conducted for all employees.
17. Alex is playing his music at full volume in his dorm room. The other
people living on his floor found this to be a nuisance, but Alex doesnt care.
Alexs music playing is an example of:

positive externality

normative externality

negative externality

Pareto externality

18. According to the Ajzen model, the strongest predictor of an employees

behavior is/are__________.

social norms

the employees values

the employees attitudes

the employees intentions

19. The interdisciplinary field dedicated to understanding and managing

people at work is called:

management dynamics

management theory

organizational behavior

organizational dynamics

20. Regarding using personality testing as part of the hiring process, experts
have concluded that:

There are many valid instruments available to managers to test for

personality types.
6

Only the Big Five should be used as predictors of job performance.

The typical personality test is not a valid predictor of job

performance.

The effects of personality on job performance are so large it cannot

be ignored by managers.
21. In the context of developing persuasive messages, which of the following
is most likely to help you demonstrate a voice of competence?

focusing only on logical appeals

using only emotional appeals in your persuasive messages

developing strong ideas in the interest of your audience

adopting the tone of mass advertising such as over-the-top appeals

22. Identify an example of spontaneous creativity.

Settling a disagreement quickly in a simple way.

Modifying the strategies and procedures of a group.

Establishing win-win relationships with other people.

Organizing annual meetings and get-togethers innovatively.

23. Which of the following is useful advice on conducting business across

cultures with those who have limited English ability?

Speak at your normal, regular pace instead of speaking slowly as

this may be viewed as disrespectful.

Determine a person's level of communication proficiency within the

first few moments of your interactions with them.

Use slang and jargon instead of literal language as much as

possible.


Allow those with limited English ability enough time to process
their thoughts into English.
24. Joyce finds that the members of the project team to which she has been
assignment in her management class are all athletes on the colleges football
and basketball teams. She immediately considers dropping the class because
she thinks her experience with that team will be negative. Joyce is likely
reacting to a__________.

semantic memory

negativity bias

stereotype

self-serving bias

25. According to the Classical growth model, an economy that increases its
saving will grow:

Quickly since the increase in saving will permit more rapid

technological progress.

Slowly because interest rates will fall, causing investment to

decline.

Slowly because consumption and aggregate demand will be

reduced.

Quickly since the increase in saving will permit greater investment.

26. A 911 emergency response service needs operators who are bilingual in
English and Spanish. A few applicants of Spanish origin are rejected due to
poor English-speaking skills. They file a complaint on the grounds of
discrimination based on nationality. Their complaint is squashed. Here, the
defense of the federal government is on the grounds of:

Circumstantial evidence

Inculpatory evidence

Exclusionary rule
8

Bona fide occupational qualifications

27. The distinction between flexible and fixed individual

differences__________.

is that managers should hire people based on their attitudes and

emotions

is that managers have little or no impact on fixed differences

has no practical value for managers

is that managers have little or no impact on flexible differences

28. Advertising, personal selling, sales promotion, public relations, and direct
marketing are marketing communications alternatives that make up a firms
__________.

promotional mix

communication source

marketing mix

media strategy

29. What is the main drawback to the Negotiation & Agreement strategy for
overcoming resistance to change?

ineffective

too expensive if others decide to also negotiation for compliance

leads to future problems if people feel manipulated

time-consuming

30. In order to focus your presentation on people, you should______.

avoid using presentation software or other technology

use a lot of "I" statements

9

make individuals and groups the subject of your sentences

include as many photographs as possible in your slides

31. In order to summarize qualitative data, a useful tool is a____________.

scattergram

stem-and-leaf diagram

frequency distribution

histogram

32. The product life cycle refers to __________.

a concept that describes the stages a product goes through in the

marketplace introduction, growth, maturity, and decline

the average life span of a product

a concept that describes the stages a product goes through in the

marketplaceearly growth, accelerated development, maturity, and
decline

a concept that describes the stages a new product goes through from
product concept to commercialization
33. The study of similarities and differences among consumers in two or
more nations or societies is referred to as __________.

cross-cultural analysis

international sociographics

market synthesis

transnational anthropology

10

34. Other things held constant in a competitive labor market, if workers

negotiate a contract in which the employer agrees to pay an hourly wage of
$17.85 while the market equilibrium hour rate is $16.50, the:

Quantity of workers supplied will exceed the quantity of workers

demanded.

Quantity of workers demanded will exceed the quantity of workers

supplied.

Supply of labor will decrease until the equilibrium wage rate is

$17.85.

Demand for labor will increase until the equilibrium wage rate is
$17.85.
35. In which of the following situations is a budget surplus most likely to
occur?

When fiscal policy is expansionary and the economy is contracting

When fiscal policy is contractionary and the economy is expanding

When fiscal policy is expansionary

When the economy is contracting

36. How many parameters are needed to fully describe any normal
distribution?

37. Under the regulations of interstate commerce:

Activities affecting interstate commerce do not come under the

power of the deferral government.
11


Intrastate activities affecting interstate commerce can be regulated
only by the state governments.

Regulation on any activity is appropriate if it aids interstate

commerce.

The states have the exclusive power to commerce that passes that
passes across their lines.
38. Fred takes Betty to dinner at a very expensive and exclusive restaurant.
The menu does not mention prices. The server takes their order, and both
Betty and Fred enjoyed the meal immensely. When the bill comes, Fred
refuses to pay because the menu had no prices and because he and the server
never engaged in language indicating an offer and acceptance. The server
said, Are you ready to order? and when Fred said Yes, the server merely
asked, What may I get you tonight?

Fred must pay based on a promissory estoppel theory.

Fred must pay based on expressed contract theory.

Fred is correct because no contract was formed.

Fred must pay based on an implied-in-fact contract theory.

39. A monopoly firm is different from a perfectly competitive firm in that:

A monopolists demand curve is perfectly inelastic whereas a

perfectly competitive firms demand curve is perfectly elastic.

A monopolist can influence market price whereas a perfectly

competitive firm cannot.

A competitive firm has a u-shaped average cost curve whereas a

monopolist does not.

There are many substitutes for a monopolists product whereas there

are no substitutes for a competitive firms product.

12

40. When two regression models applied on the same data set have the same
response variable but a different number of explanatory variables, the
model that would evidently provide the better fit is the one with
a__________.

higher coefficient of determination and a lower adjusted coefficient

of determination

lower standard error of the estimate and a higher adjusted

coefficient of determination

higher standard of error of the estimate and a higher coefficient of

determination

lower standard error of the estimate and a higher coefficient of

determination
41. Suppose farmers can use their land to grown either wheat or corn. The
law of supply predicts that an increase in the market price of wheat will
cause:

farmers to lower the production of corn and wheat.

farmers to substitute wheat for the production of corn.

farmers to substitute corn for the production of wheat.

farmers to raise the production of corn and wheat.

42. The DeBeers company is a profit-maximizing monopolist that exercises

monopoly power in the distribution of diamonds. If the company earns
positive economic profits this year, the price of diamonds will:

Be equal to the average total cost of diamonds.

Exceed the marginal cost of diamonds but equal to the average total
cost of diamonds.

Be equal to the marginal cost of diamonds.

Exceed both the marginal cost and the average total cost of
diamonds
13

43. Jay stops at the shopping mall to purchase a new pair of jeans from the
Diesel store. He is the ultimate consumer in a pipeline from the producer
through intermediaries, including the clothing store. This pipeline is
actually a__________.

marketing tunnel

consumer market

marketing channel

distribution matrix

44. Your rsum should tell a story of______.

everything you have learned and done in your previous job

the value you can provide to a company

Your educational accomplishments

how you plan to improve your areas of weakness

45. A receptive developmental network is__________.

made up of weak ties to multiple developers from a variety of social

systems

made up of numerous strong ties to developers from one social

system

made up of strong ties to several developers from four different

social systems

made up of a few weak ties from one social system

46. What is true of the features used to judge a persons credibility?

Mannerisms and age are two valid features that can be used to judge
a persons credibility.

14


Well-educated individuals can be highly relied upon as guides to
ethical values.

Ethnicity, gender, and accent are inapt characteristics for judging

credibility.

Individuals can accurately determine a persons credibility based on

physical characteristics.
47. Identify the statement that accurately describes the Sarbanes-Oxley Act.

It requires business to have only company insiders as board

directors.

Unlike other Acts, its violations do not result in fines or

prosecutions.

Complying with the act saves time and money, but deteriorates
efficiency.

It was passed to promote business ethics by creating legal

requirements.
48. Which of the following can be represented by a discrete random
variable?
the circumference of a randomly generated circle
The number of defective light bulbs in a sample of five
The average distance achieved in a series of long jumps
The time of a flight between Chicago and New York

49. Suppose that college tuition is higher this year than last and that more
students are enrolled in college this year than last year. Based on this
information, we can best conclude that:

15


despite the increase in price, quantity demanded rose due to some
other factors changing.

this situation has nothing to do with the law of demand.

the demand for a college education is positively sloped.

the law of demand is invalid.

50. Frequent, abusive, threatening phone calls by creditors are most likely to
provoke the basis for a claim of _____________.

misrepresentation

malicious representation

intentional infliction of emotional distress

false imprisonment and malicious prosecution

If you want to learn more visit this link : BUS 475 Capstone Final Examination Part 1
Related Courses : ACC 291 Final Exam
ACC 561 Final Exam
COM 295 Final Exam
ECO 372 Final Exam
FIN 571 Connect Problems
LDR 300 Final Exam
MKT 571 Final Exam

16

http://www.uopstudents.com

17