1. Economic theory is a valuable tool for business decision making because it Answer identifies for managers the essential information for making a decision. assumes away the problem. creates a realistic‚ complex model of the business firm. provides an easy solution to complex business problems. 0.2 points Question 2 1. Economic profit is Answer the difference between total revenue and the opportunity cost of all of the resources used in production. the
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BUS 475 Week 1 Knowledge Check 1. Reaching a valid decision is based on the evaluation of arguments. If we know that a valid argument has true premises‚ then a decision based on the argument______________. A. must be sound B. might be sound C. is strong D. might have a false conclusion The correct answer is: A. 2 2. Identify the fallacy in the following piano store advertisement: Pianos are our only business. You’ll get the best deal at the Piano Experts. A. Ad hominem B. Straw man C. Hasty generalization
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1. Question : (TCO 1) With _____‚ you can replace a processor in an SMP system without taking the system down. Student Answer: hot-add memory hot-replace processor hot-add processor SMP Instructor Explanation: The answer can be found on page 5. Points Received: 5 of 5 Comments: 2. Question : (TCO 1) _____ is an umbrella of security protection features that monitor and manage a server and its clients. Student Answer: SMP PAP NAP
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1. C Correct 2. A Correct 3. A Incorrect PAGE 22 4. A Correct 5. B Correct 6. C Incorrect PAGE 9 7. A Incorrect PAGE 35 8. A Correct 9. C Correct 10. C Incorrect PAGE 23 11. A Correct 12. B Incorrect PAGE 58 13. A Correct 14. B Correct 15. A Incorrect PAGE 44 16. C Correct 17. B Incorrect PAGE 53 18. A Correct 19. D Incorrect PAGE 45 20. D Incorrect PAGE 66
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1 of 20 Which of the following conclusions would sociologists most likely agree upon when discussing the importance of the sociological perspective? It opens a window to unfamiliar worlds and offers a fresh look at familiar worlds. It verifies our basic assumptions about life and the need to focus on human needs. It challenges cultural tradition to provide a new framework of human understanding. It enforces social solidarity and expands the importance of the social imperative.
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Course Principles of Marketing Test Week 2 Quiz 1 Started 1/18/14 2:32 PM Submitted 1/18/14 3:19 PM Status Completed Attempt Score 21 out of 30 points Time Elapsed 47 minutes out of 1 hour. Instructions This quiz consist of 10 multiple choice questions and covers the material in Chapter 1. Be sure you are in Chapter 1 when you take the quiz. Question 1 3 out of 3 points Correct Customer relationship management (CRM) begins its focus on customers with Answer Selected Answer:
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CHAPTER 1 QUIZ 1. "Critical Thinking is another name for logic." True False 2. In the broadest sense‚ _______________‚ is just any matter that is in dispute‚ in doubt‚ or simply "up for Review". LOGIC CRITICAL THINKING AN ISSUE PREMISE 3. Learning how to distinguish between good and bad arguments makes one a better global citizen. True False 4. Premises and conclusions are the same kind of statements. True False 5. Good reasoning is
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Calculating OCF. Hammett‚ Inc.‚ has sales of $34‚630‚ costs of $10‚340‚ depreciation expense of $2‚520‚ and interest expense of $1‚750. If the tax rate is 35 percent‚ what is the operating cash flow‚ or OCF? Operating cash flow $ 17283 Calculations: Sales - Cost - Depreciation = EBIT(Earnings Before Interest Taxes –Depreciation Amortization) 34630 - 10340 - 2520 = 21770 EBIT - Interest = Taxable Income 21770 - 1750 = 20020 Taxes (35%) = 20020 x .35 = 7007 Net income: 20020 - 7007 = 13013 EBIT
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Bus/475 Integrated Business Topics Week Two Quiz The following quiz is comprised of two short essay questions worth 5 points each. Please use the assigned text to answer these questions. In all cases‚ the material found in the assigned text will govern. In other words‚ answers found from other sources might be “right‚” but your quiz will be graded based on the material in the assigned text. Paraphrase the material from the text. Do not cut and paste. These are essay questions‚ not essays. Do
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Practice Problems: Chapter 2‚ Chapter 3‚ and Chapter 4 Chapter 2: 1). Consider an economy that produces only hot dogs and hamburgers. In the following table are data for two different years. 2010 2015 Good Quantity Price Quantity Price Hot Dogs 200 $2 250 $4 Hamburgers 200 $3 500 $4 a) Using 2010 as a base year‚ compute the following statistics for each year: nominal GDP‚ real GDP‚ and GDP deflator. Please show your work to get full credit.
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