BUS 475 Week 2 Knowledge Check Assignment - 1150 Words

BUS 475 Week 2 Knowledge Check 1. Compared with other approaches to business, the marketing concept is distinct in that it ï‚ · focuses on sales ï‚ · produces new products and services ï‚ · creates a broad assortment of products ï‚ · focuses on satisfying customers needs 2. A company provides its advertising agency with a statement about a new product to use in designing an advertising campaign, and this statement includes a description of the target market, the product type, the primary benefits of using the product, and how this product is different from, and better than, competitive products. What type of statement is this? ï‚ · Qualifying ï‚ · Positioning ï‚ · Determining ï‚ · Clustering Complete Answers here BUS 475 Week 2 Knowledge Check†¦show more content†¦Keynes believed that an increase in savings would ï‚ · raise aggregate demand by reducing investment ï‚ · raise aggregate demand by increasing consumption ï‚ · reduce aggregate demand by reducing investment ï‚ · reduce aggregate demand by reducing consumption Complete Answers just a click away BUS 475 Week 1 Knowledge Check 13. Which of the following monetary policies reduces aggregate demand and output? ï‚ · cut in the federal funds rate ï‚ · An open market purchase of government securities ï‚ · An increase in the discount rate ï‚ · A cut in the required reserve ratio 14. Deficits may be desirable in the short run if they ï‚ · help to stabilize the economy when the economy falls below potential output ï‚ · increase savings necessary for future investment and growth ï‚ · increase savings necessary for future consumption and demand ï‚ · help to stabilize the economy when the economy is above potential output 15. If for a country, the quantity of its currency demanded exceeds the quantity supplied, then there is a ï‚ · balance of payments surplus ï‚ ·Show MoreRelatedBUS 475 Final Exam2905 Words   |  12 PagesBus 475 Capstone Part 1 The theme of Bus 475 Capstone Part 1 is to enable students to learn about the ways of motivation to let employees work toward achieving the organizational goals. This course tells about the use of communication techniques with the subordinates and supervisors to make it effective. There is a Bus 475 Capstone Part 2 as well that tells the things which are not covered under Part 2 or it is the more explanatory version of Part 1. 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