BUSN 115 Course Great Wisdom / tutorialrank.com BUSN 115 Course Great Wisdom / tutorialrank.com | Page 10

Question 5.5. (TCO 5) Compare and contrast Theory X with Theory Y. (Points : 25) Question 6.6. (TCO 6) Businesses try to create systems that deliver goods or services to customers as efficiently as possible. This often involves multiple steps and systems that hopefully work together to accomplish that goal. Explain the systems perspective, and identify at least five principles of systems thinking that can improve your skills as a manager. (Points : 25) Question 7.7. (TCO 7) Describe double-entry bookkeeping and the matching principle. (Points : 25) Set 3 1. (TCO 1) _____ refer to a resource or capability a company must have before it can start competing in a given market. (Points : 5) Question 2.2. (TCO 1) People who stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address include which of the following? (Points : 5) Question 3.3. (TCO 1) Home-based entrepreneurs should focus on _____. (Points : 5) Question 4.4. (TCO 3) Which of the following is an example of a lifestyle business? (Points : 5) Question 5.5. (TCO 1) Performing a SWOT analysis is part of the _____. (Points : 5) Question 6.6. (TCO 2) One advantage of globalization is _____. (Points : 5)