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Essentials of Business
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tarix | 06.10.2018 | ölçüsü | 34,5 Kb. | | #72701 |
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İMTAHAN SUALLARI
Fənn: Essentials of Business
Müəllim: Turan Suleymanov
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Define the nature of business and identify its main goals and functions.
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Describe the external environments of business and discuss how these environments affect the success or failure of any organization.
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Describe the different types of global economic systems according to the means by which they control the factors of production.
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Explain the importance of the economic environment to business and identify the factors used to evaluate the performance of an economic system.
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Explain how individuals develop their personal codes of ethics and why ethics are important in the workplace.
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Distinguish social responsibility from ethics, identify organizational stakeholders.
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Describe how the concept of social responsibility applies both to environmental issues and to a firm’s relationships with customers, employees, and investors.
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Identify four general approaches to social responsibility and note the role of social responsibility in small business.
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Explain the role of government in social responsibility in terms of how governments and businesses influence each other.
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Define small business, discuss its importance to economy, and explain popular areas of small business.
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Explain entrepreneurship and describe some key characteristics of entrepreneurial personalities and activities.
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Describe distinctive competence, the business plan, and the start-up decisions made by small businesses and identify sources of financial aid available to such enterprises.
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Discuss the trends in small business start-ups and identify the main reasons for success and failure among small businesses.
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Explain sole proprietorships, partnerships, and cooperatives and discuss the advantages and disadvantages of each.
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Describe corporations, discuss their advantages and disadvantages, and identify different kinds of corporations; explain the basic issues involved in managing a corporation and discuss special issues related to corporate ownership.
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Discuss the rise of international business and describe the major world marketplaces, trade agreements, and alliances.
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Explain how differences in import-export balances, exchange rates, and foreign competition determine the ways in which countries and businesses respond to the international environment.
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Explain the role and importance of the cultural environment in international business.
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Describe some of the ways in which economic, legal, and political differences among nations affect international business.
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Discribe the factors that influence firm’s organizational structure.
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Explain specialization and departmentalization as two of the building blocks of organizational structure.
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Describe centralization and decentralization, delegation, and authority as the key ingredients in establishing the decision-making hierarchy.
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Describe the nature of management and identify the four basic functions that constitute the management process.
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Identify different types of managers likely to be found in an organization by level and area.
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Describe the basic roles and skills required of managers.
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Describe the factors that influence a firm’s organizational structure
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Explain specialization and departmentalization as two of the building blocks of organizational structure
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Describe centralization and decentralization, delegation, and authority as the key ingredients in establishing the decision-making hierarchy.
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Explain the differences among functional, divisional, matrix, and international organizational structures
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Explain the meaning of the term production or operations.
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Describe the three kinds of utility that operations processes provide for adding customer value.
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Identify the major factors that are considered in operations planning.
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Discuss the two key activities required for operations control.
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Identify and discuss the basic forms of behaviors that employees exhibit in organizations.
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Describe the nature and importance of individual differences among employees
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Explain the meaning and importance of psychological contracts and the person-job fit in the workplace.
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Describe some of the strategies and techniques used by organizations to improve employee motivation.
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Define leadership and distinguish it from management.
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Discuss the concept of situational approaches to leadership
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Describe transformational perspectives on leadership.
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Describe charismatic perspectives on leadership.
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Describe strategic leadership, ethical leadership, and virtual leadership
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Identify and discuss leadership substitutes and neutralizers.
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Define human resource management and explain how managers plan for their organization’s human resource needs.
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Identify the tasks in staffing a company
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Describe how managers develop the workforce in their organization through training and performance appraisal
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Discuss workforce diversity, the management of knowledge workers, and the use of a contingent workforce as important changes in the contemporary workplace
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Explain why workers organize into labor unions.
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Explain the concept of marketing and identify the five forces that constitute the external marketing environment.
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Explain market segmentation and how it is used in target marketing
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Explain the purpose of a marketing plan and identify thefour components of the marketing mix.
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Discuss the three categories of organizational markets.
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Explain the definition of a product as a value package and classify goods and services.
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Describe the key factors that influence the consumerbuying process
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Describe the key considerations in the new product development process, and explain the importance of branding and packaging.
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Discuss the marketing mix as it applies to international and small business
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Discuss the impacts information technology has had on the business world.
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Identify the IT resources businesses have at their disposal and how these resources are used.
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Describe the role of information systems, the different types of information systems, and how businesses use such systems.
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Identify the threats and risks information technology poses on businesses
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Describe the ways in which businesses protect themselves from the threats and risks information technology poses
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Explain the role of accountants and distinguish between the kinds of work done by public accountants, private accountants, management accountants, and forensic accountants
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Explain how the accounting equation is used.
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Describe the three basic financial statements and show how they reflect the activity and financial condition of a business.
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Explain the key standards and principles for reporting financial statements.
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Describe how computing financial ratios can help users get more information from financial statements to
determine the financial strengths of a business.
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Discuss the role of ethics in accounting
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Describe the purpose of the International Accounting Standards Board and explain why it exists.
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Explain the concept of the time value of money and the principle of compound growth.
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Identify the investment opportunities offered by mutual funds and exchange-traded funds.
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Describe the role of securities markets and identify the major stock exchanges and stock markets.
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Describe the risk–return relationship and discuss the use of diversification and asset allocation for investments.
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Describe the various ways that firms raise capital and identify the pros and cons of each method.
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Identify the reasons a company might make an initial public offering of its stock and explain how stock value is determined
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Explain how securities markets are regulated.
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