WGU C201 Business Acumen Actual Exam Latest Update 2024-2025 190+ Questions and 100% Verified Correct Answers Guaranteed A+ a brand is recognized by potential customers, and is correctly associated with a
particular product - CORRECT ANSWER: brand awareness
A company might divide itself into smaller groups that best match the types of customers it service. this is an example of - CORRECT ANSWER: departmentalization.
A company wishes to determine if it should fund a project with bonds or equity. Which business concept would it most likely use to assist in the decision? - CORRECT
ANSWER:leverage
A customer has purchased a product twice and intends to do so again. Which stage of
brand loyalty is this customer in? - CORRECT ANSWER: Brand preference
a decision support system (DSS) belongs to which support system - CORRECT
ANSWER:management
A firm pays taxes on profits that are repatriated as part of global operations. (yes or no)
- CORRECT ANSWER: yes
A high tech startup company is launching a marketing campaign for its new social media portal by highlighting how the portal exceeds the connectivity and collaboration capabilities of all other social media sits. Which type of competitive advantage is this
company leveraging? - CORRECT ANSWER: Customer loyalty
a process lay-out where all of the materials must be brought to the product being
manufactured - CORRECT ANSWER: fixed-position
a specific economic situation when price and demand rise together - CORRECT
ANSWER:inflation
acid test - CORRECT ANSWER: current assets - inventory / current liabilities
advertising to maintain awareness of the importance and usefulness of a product -
CORRECT ANSWER: reminder-oriented
After years of marketing a body lotion, a cosmetics company begins promoting the lotion as an the lotion as an insect repellent as well. In which three product life cycle extension strategies did this company engage? Choose 3 answers - CORRECT ANSWER:Adding new users, finding new uses for the product, increasing frequency of use.
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An accounting method that helps a firm reduce the disparity in exchange rate. -
CORRECT ANSWER: balance sheet hedge
An accounting method that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur. - CORRECT
ANSWER:accural
An organizational structure that is slow to make decisions because they look for
consensus. - CORRECT ANSWER: committee
as a business is it best to reduce spending or increase spending in a high-inflation
environment - CORRECT ANSWER: reduce
as a business which environment is best to make captial improvments - CORRECT
ANSWER:low-inflation
B2B relationship marketing is easier to create with - CORRECT ANSWER: new
businesses
brand preference is a higher form or loyalty than brand recognition - CORRECT
ANSWER:true
companies promote the product to members of the marketing channel, not to end users
- CORRECT ANSWER: pushing strategy
compares products directly with their competitors ether by name or by inference -
CORRECT ANSWER: comparative advertising
concentrating marketing efforts on the product (features, quality, value), distribution, and promotional elements of the marketing mix. - CORRECT ANSWER: competitive pricing
connect the brand to the a positive image (GE to eco friendly) - CORRECT
ANSWER:brand association
debt ratio - CORRECT ANSWER: total liabilities / total assets
Departmentalizing based by domestic and international is which kind of
departmentalization? - CORRECT ANSWER: geopgraphical
Depreciation is a non-cash expense on which statement? - CORRECT
ANSWER:statement of cash flows (depreciations)
For which two purposes will the U.S Federal Reserve System follow an expansionary
monetary policy? Choose 2 answers - CORRECT ANSWER: To encourage bankers to
make loans, to cut the cost of borrowing
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