Essay about Week 4 knowledge Check

1815 WordsSep 13, 20148 Pages
Week 4 Knowledge Check Concepts Mastery Score: 16/20 Questions LEVEL OF DATA MEASUREMENT 100% 1 CONFIDENCE INTERVAL FOR THE MEAN 100% 2 PROBABILITY RULES 100% 3 LINEAR REGRESSION PREDICTION 100% 4 INTERPRETING P VALUE 100% 5 VISION 100% 6 EXTERNAL AND INTERNAL ENVIRONMENTS 100% 7 0% 8 100% 9 STRATEGIC CONTROL 0% 10 FINANCIAL STATEMENTS 0% 11 100% 12 OBJECTIVES AND GOALS SOCIAL RESPONSIBILITY GAAP (GENERALLY ACCEPTED ACCOUNTING PRINCIPLES) BALANCE SHEET 100% 13 FIFO AND LIFO 100% 14 INTERNAL CONTROLS 100% 15 DEPRECIATION AND AMORTIZATION 100% 16 CALCULATING INTEREST…show more content…
The general plan of major actions through which a firm intends to achieve is long-term objectives is called its A. corporate plan B. long-term goal C. grand strategy D. mission Correct! The correct answer is: C. Concept: EXTERNAL AND INTERNAL ENVIRONMENTS Concepts Mastery EXTERNAL AND INTERNAL ENVIRONMENTS 100% Questions 7 7. How valuable a low-cost leader's cost advantage is depends on A. whether it is easy or inexpensive for rivals to copy the low-cost leader's methods or otherwise match its low costs B. how easy it is for the low-cost leader to gain the biggest market share C. the aggressiveness with which the lowcost leader pursues converting the cost advantage into the absolute lowest possible costs D. the leader's ability to combine the cost advantage with a reputation for good quality Correct! The correct answer is: A. Concept: OBJECTIVES AND GOALS Concepts Mastery OBJECTIVES AND GOALS 0% Questions 8 8. Which of the following represent marketing capabilities at the growth stage of industry evolution? A. Skills in aggressively promoting products to new markets and holding existing markets and pricing flexibility B. Ability to establish brand recognition, find niche, reduce price, solidity strong distribution relations and develop new channels C. Cost effective means of efficient access to selected channels and
Open Document