Devry BUSN115 week 2 quiz

Jun 25th, 2016
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Question Question 1.1.(TCO 1) _____ refer to a resource or capability a company must have before it can start competing in a given market. (Points : 5) Assets Economies of scale Barriers to entry Technological requirements Fixed costs Question 2.2.(TCO 1) The _____ function of an organization coordinates the incoming flow of materials and the outgoing flow of finished products. (Points : 5) finance logistics human resource purchasing sales Question 3.3.(TCO 1) Which of the following positions would be responsible for establishing the long-term financial goals of the company, investing its funds and raising capital for the business? (Points : 5) Cash manager Internal auditor Chief information officer Forensic accountant Treasurer Question 4.4.(TCO 1) When the number of competitors in a market is quite small, a situation known as _____ is created. (Points : 5) monopoly monopsony oligopoly monopolistic competition pure competition Question 5.5.(TCO 1) _____ is a s

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Devry BUSN115 week 2 quizQuestionQuestion 1.1.(TCO 1) _____ refer to a resource or capability a company must have before it canstart competing in a given market. (Points : 5)AssetsEconomies of scaleBarriers to entryTechnological requirementsFixed costsQuestion 2.2.(TCO 1) The _____ function of an organization coordinates the incoming flow ofmaterials and the outgoing flow of finished products. (Points : 5)financelogisticshuman resourcepurchasingsalesQuestion 3.3.(TCO 1) Which of the following positions would be responsible for establishing thelong-term financial goals of the company, investing its funds and raising capital for thebusiness? (Points : 5)Cash managerInternal auditorChief information officerForensic accountantTreasurerQuestion 4.4.(TCO 1) When the number of competitors in a market is quite small, a situationknown as _____ is created. (Points : 5)monopolymonopsonyoligopolymonopolistic competitionpure competitionQuestion 5.5.(TCO 1) _____ is a steady rise in the average prices of goods and servicesthroughout the economy. (Points : 5)RecessionDepressionDeflationInflationArbitrationQuestion 6.6.(TCO 1) ________ taxes, levied on the e

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