WGU C201 Study guides, Class notes & Summaries

WGU C201 PRE-ASSESSMENT: BUSINESS ACUMEN PUWC 60 QUESTIONS WITH CORRECT ANSWERS/WGU C201 PRE-ASSESSMENT: BUSINESS ACUMEN PUWC 60 QUESTIONS WITH CORRECT ANSWERS/WGU C201 PRE-ASSESSMENT: BUSINESS ACUMEN PUWC 60 QUESTIONS WITH CORRECT ANSWERS

Company wide customer orientation with the objective of achieving long-run success. The basic idea of the marketing concept is that marketplace success begins with the customer. A firm should analyze each customer's needs and then work backward to offer products that fulfill them.

WGU C201 PRE-ASSESSMENT: BUSINESS ACUMEN PUWC 60 QUESTIONS WITH CORRECT ANSWERS/WGU C201 PRE-ASSESSMENT: BUSINESS ACUMEN PUWC 60 QUESTIONS WITH CORRECT ANSWERS/WGU C201 PRE-ASSESSMENT: BUSINESS ACUMEN PUWC 60 QUESTIONS WITH CORRECT ANSWERS

Business Acumen C201 BasicCh.17 In performing their jobs, most finance professionals seek to balance: risk and reward. taxes and revenues. profits and loss. investment and capital. - correct answer risk and reward. Ch.17 _____ involves planning, obtaining, and managing a company's funds in order to accomplish its objectives as efficiently and effectively as possible. Accounting Auditing Finance Leverage - correct answer Finance Ch.17 The process of maximizing the wealth...

Business Acumen C201 WGU Human Interaction & Structure - correct answer Which two key elements does an effective organization include? It establishes a direct flow of authority - correct answer Why does a line organization structure function most effectively in a crisis situation? Departmentalization - correct answer A company might divide itself into smaller groups that best match the types of customers it serves. What is this an example of? Achievement of company goals - correc...

Business Acumen - Western Governors UniversityFixed Asset - correct answer An investment in physical property used to generate income Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - correct answer Evaluating Results What is the result of a company increasing the delegation of authority and the span of control? - correct answer Increased decision-making authority given to employe...

C201 Business AcumenWhich part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? Evaluating Results What is the result of a company increasing the delegation of authority and the span of control? Increased decision-making authority given to employees Brainpower Read More 0:05 / 0:15 Which two key elements does an effective organization include? 1. Human interaction 2. Structure W...

C201 Business Acumen TermsDemand - correct answer ability of buyers to purchase goods and services at different prices Supply - correct answer amount of goods and services for sale at different prices What drives demand? - correct answer consumer statistics preferences economic conditions What is the underlying cause of movement among the demand curve? - correct answer price Microeconomics - correct answer behavior among individual consumers Macroeconomics - correct a...

C201 Business AcumenWhich part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - correct answer Evaluating results What is the result of a company increasing the delegation of authority and the span of control? - correct answer Increased number of direct reports per manager Which two key elements does an effective organization include? - correct answer Human interaction, structure Why doe...

C201 Pre-assessmentWhich part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - correct answer Evaluating results What is the result of a company increasing the delegation of authority and the span of control? - correct answer Increased number of direct reports per manager Which two key elements does an effective organization include? - correct answer Human interaction, structure Why does...