(solved)BUSN 115 Final Exam Study Guide. . . . .

This file of BUSN 115 Final Exam Study Guide comprises:Explain free market capitalismDescribe and explain home-based entrepreneurial endeavorsExplain how intermediaries perform the six marketing utilitiesCompare the business-to-business market and the consumer marketIdentify the new and traditional tools that make up the promotion mixDefine and apply common economic indicatorsDefine and discuss the ethical and social responsibilities of businessDescribe managements role in setting ethical standardsDescribe and apply a business code of ethicsDescribe and explain the role of U.S. businesses in influencing ethical behavior and social responsibility in global marketsDescribe and explain sales law under the Uniform Commercial CodeDefine the elements of a contractSummarize several laws that regulate competition and protect consumers in the USDescribe and explain the role of deregulation in the economyDiscuss the changing landscape of the global market and the issue of offshore outsourcingExplain why nations tradeDescribe and explain the forces that affect trading in global marketsExplain the advantages and disadvantages of trade protectionismDescribe the role entrepreneurs play in the creation of jobsExplain why people take the risks of entrepreneurship, list the attributes of successfulAnalyze what it takes to start and run a small businessShow how marketers use environmental scanning to learn about the changing marketing environmentExplain how marketers apply the tools of market segmentation, relationship marketing, and the study of consumer behaviorDiscuss the four Ps of marketingDefine marketing and apply the marketing concept to both for-profit and nonprofit organizationsShow how word of mouth, e-mail marketing, viral marketing, blogging, podcasting, and mobile marketing workContrast the advantages and disadvantages of various advertising media, including the Internet and social mediaUnderstand channel systems, and explain the various ways to build cooperation in themDescribe and explain the four functions of managementRelate the planning process and decision making to the accomplishment of company goalsDescribe the current state of U.S. manufacturing and what manufacturers have done to become more competitiveDescribe and explain planning issues as they relate to a firms operations, including its employeesShow how managers put motivation theories into action through such strategies as job enrichment, open communication, and job recognitionShow how managers personalize motivation strategies to appeal to employees across the globe and across generationsDescribe the various production processes, and describe techniques that improve productivityDescribe and explain how to use a PERT chart and a Gantt chartExplain how flexible manufacturing is usedDescribe and explain when to use lean manufacturingExplain how mass customization can be usedWhat are ERP and MRP?How does vision apply to business?Explain and apply facility location and layout to businessDescribe the four eras in the evolution of marketingDescribe and explain the role of marketing managers and the marketing mixDescribe the marketing research processDescribe logistics and outline how intermediaries manage the transportation and storage of goodsDescribe business-to-business marketing (B2B) and the business-to-consumer sales processDescribe and explain how social media complements other promotions, including promotional strategiesDescribe and explain social media and Web 2.0Describe and explain privacy issues and stability issues as they apply to information networksDescribe some of the common types of information used by businessDescribe and explain how information is managedExplain knowledge management and how it can be applied in a business settingDescribe the types of computer software most frequently used in businessDescribe and explain business intelligence and how it is changing businessDescribe and explain virtualization and cloud computingExplain the different accounting disciplinesList, describe, and apply business financial statements (income statement, balance sheet, statement of cash flows)Describe the roles and responsibilities of financial managersWhat are the finance concerns for small businessesList the types of financial budgets

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