Exam 1: The Changing Face of Business

Microsoft is hoping to head off a new threat from Google's Documents and Spreadsheets, a set of free Web based software tools that Google hopes also to make available offline. That capability would make Google's office productivity programs a direct challenge to Microsoft's Word and Excel programs, for which users usually pay hundreds of dollars. This is an example of

The ability to analyze and assess information to pinpoint problems or opportunities is called:

A partnership formed to create a competitive advantage for the business involved is an example of

Consumer Orientation was developed during which era?

Technology, tools, information, and physical facilities are all examples of:

Which one of the following statements concerning not-for-profit organizations is incorrect?

For capitalism to operate effectively, the citizens of a private enterprise economy must have certain rights. Which of the following would NOT be considered part of the Private Enterprise System?

When managers think about a process of deciding what consumers want and need first, and then design products to meet those needs, they are developing:

Which one of the following is not a factor of production?

The Internet has made possible another business tool for staffing flexibility: __________, or using outside vendors to produce goods or fulfill services and functions that were previously handled in-house or in-country.

Factors that require organizational change can come from both external and internal sources. Which one of the following is an INTERNAL source?

The collection of activities that build and maintain ongoing, mutually beneficial ties with customers is referred to as:

People in the workforce born from 1965 to 1981 are referred to as:

__________ refers to the standards of conduct and moral values involving decisions made in the work environment.

The greatest source of Canadian immigration is from: