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BUSI 1200 final exam - ecu donald pack
Terms in this set (110)
How many employees does Amazon have?
Amazon Prime is estimated to have how many members?
In 2020 Amazon is expected to sell how many items?
The biggest threat to Amazon is
Delivery - "After all, if he couldn't get orders to people fast enough, they'd just buy stuff in stores."
Who was ranked #1 in Supply Chain Management?
What freight forwarder declared bankruptcy?
Hanjin ( South Korea)
Home Depot's stated goal for sales per square foot?
Who was number 3 in on-line sales of the top 50?
Wal-mart $14,429.8 e-commerce sales, 8.9% sales growth, 3% revenue
Home Depot's largest department by dollars is?
Home Depot is unusual in that it restructured what
Home Depot used to spend up to how much in store labor on reordering product?
60% store labor
Home Depot is aiming for what delivery target of parcels to their customers
1-2 days rather than 3-5 days
What tops Home Depot's customer's satisfaction list?
"Buy online, return to store"
E commerce makes up how much of Home Depot's total sales?
Who did your instructor identify as one of the people originally involved in their first disaster relief due to Hurricane Andrew?
In 1988 how likely were you to buy a Bud
1 in every 4
Whose beer sales are growing?
Craft, premium, light beers
Falcon Heavy is the biggest rocket payload since?
One of the payloads of the recent launch is a new form of data storage called?
One of the 4 largest medical distributors is?
Owens & Minor Inc., Medline Industries Inc., McKesson Corp. and Cardinal Health Inc.
The US spends how much on healthcare as a percentage of GDP?
The OECD average country spends how much on healthcare as a percentage of GDP?
How much has US spending on healthcare grown since 1960?
Who should have been elected in 2016 to make gun sales skyrocket?
What was the rate of change in background checks for firearm sales in 2017?
fell more than 8%
In 2014 the Russians started working with a company that was gathering data on US citizens named?
Internet Research Agency (IRA)
By 2016 the Russians had how many Facebook followers in the US?
Hundreds of thousands of followers
Data that has as many observations to the left of the middle as to the right of the middle is called?
The average of data points is called?
A measurement of data around the mean that is useful in supply chain & finance is called?
A number within two standard deviations of the mean contains how many observations?
First derivative of a function is what?
rate of change (slope)
All things being equal two investments that give equal returns which investment do you make?
the one with less volatility or risk
The lowest earning 20% of wage earners in the US pay how much in taxes?
The chance that an investments actual return will be different than expected is?
If I have $80 in one year based on making 10% and I want to know how much I had to invest is an example of?
If I deposit $2000 today and I want to know how much I'll have in 5 years at 6% is an example of?
If I make a purchase today and expect certain cash inflows from it and I want to know if it's a good investment is an example of what?
When purchasing your own mutual funds outside of a 401K the one thing Donald told you not to do?
don't pay a max sales charge and look at long term numbers in the return
You have $25,000 in investments and you add no money for 35 years at 7% and only pay 1% in fees versus 1½% in fees will result in how much less money in percentage terms?
Trump originally created tarrifs on what products?
steel and aluminum
What's a trade war?
When countries hit by tariffs retaliate and impose tariffs on other countries; sets of escalating tariffs and unsteady economic growth
What countries are involved in NAFTA negotiations?
Canada, mexico, and the U.S
How much did the dollar fall in 2017?
When the dollar falls in value exporting gets easier or harder?
Average income for a middle class family in 2007 is how much less because of inequality?
The US runs a trade surplus in what class of products?
Spending by travelers, on things such as education. Also intellectual property, transport, financial services, and other businesses
The share of one year old companies has fallen how much from 1970-2015?
declined almost half
The number of folks working at small companies has done what over the last 35 years?
Who or what is most important in any sale?
Creating a differentiated name & image is?
Three stages of situation analysis include what?
3- Competitive Analysis
Biggest living generation in the US is?
Who said, "any fool can complicate things, only a genius can simplify them"?
In the Lowe's example on air filters, how did Donald simplify the sales process?
packing/ how many are in a package
How much does the US spend on healthcare vs the OECD average?
The U.S. spends 17.8% on healthcare and 9.5% on OECD average
Amazon's biggest flop?
Amazon's most profitable product?
Amazon Web Services- Cloud Computing
How many of Amazon's products are owned by Amazon?
How much of all retail sales are still done in brick & mortar stores?
The US personal savings rate in February?
3.4% - rose .4%
Post office delivery of packages in 2017 was how many?
In the MIS online order system diagram there was a mistake in what area?
The arrow is supposed to go from customer database to shipping
In It's a Wonderful Life Movie George Bailey exhibits which type of leadership?
Mr. Walling (William Holding) in Executive Suite is what type of leader?
Mr. Shaw (Fredric March) in Executive Suite is what type of leader?
What is Bill Crawford's biggest accomplishment?
Medal of Honor - single handedly took down a fortified enemy position
What was Bill Crawford's job?
Because we hung the term Janitor on Crawford what lesson should be learned?
everyone deserves respect
Bill Crawford, the janitor showed that leaders should be willing to do what?
Put yourself before others
Dr. Martin Luther King said if you're a street sweeper do what?
...Be the best street sweeper you can be."
How many absences can you have before you lose points in your participation grade?
How long does your class presentation have to be?
What's the most important thing to have to get a job when you graduate?
How should you think about business writing?
less is more
In most business writing emails you should limit yourself to how many sentences?
The average attention span is how long?
Happy adolescents as adults earned how much more than unhappy adolescents as adults?
A black swan event has a simple explanation which is?
-its an outlier
Carries extreme impact
In spite of its outlier status
You can't record a sale or expense without affecting what?
Three things must be considered by a CEO before making a big business decision include what?
-Situational Analysis ( economic environment)
- Competitive Environment- SWOT (strength, weakness, opportunity, and threats)
- Company- SWOT
Which part of GDP makes the US unique?
70% of consumer spending
Corporate profits have gone up as what has gone down over time?
From 2006-2013 every income but which ones fell?
The top 90-95th percentile of people in the economy
When was real median income at its highest?
Rent seeking is what?
it's people making extra money not because they deliver a good or a service that the market values, but because they've bent the rules of some system to shuttle more compensation their way; when people decide to rent and not own a home because of hesitation of selling or to be more flexible in moving to find jobs; if you're earning more money without doing anything to add additional value to the economy
which country has seen most job loss?
Of the four tools which one results in higher employment and grows GDP?
US Corporate profits as a percentage of GDP have gone in which direction in the last 35-40 years?
Wages & salaries in the US have gone in which direction in the last 40 years?
CEO-to-worker compensation has grown from 20-1 to how much today?
The US has lost manufacturing jobs while manufacturing output has done what?
Increased- due to innovation and technological advancements
Stock buybacks & dividends has grown how much since 2000?
MSV means what?
"Maximizing shareholder value"
Peter Drucker says the only purpose of a firm is what?
The only purpose of a firm is
to create customers
Share repurchases are described as part of what in the US corporate sector?
Corporate income taxes as a percent of GDP in 1946 has fallen from what level to what level in 2014?
Companies with the most female input on their management teams were how likely to be more profitable?
The most reliable way to get GDP growth is to have more of what?
Population growth drives what?
larger population means more workers to produce things and more consumers to buy things- drives economic growth
What company spent the most money on lobbying in 2017?
Corporate lobbying has typically been dominated by what type of firms?
telecom, energy, and defense firms
What is one corporate effect in the US marketplace may be holding down compensation to workers?
Consolidation of companies= mergers
Did the economy grow faster during Trump's first year than at any point in Obama's administration?
No in 2013 and 2014 it was 2.7% and in 2016-2017 it was 2.5%
Pecha Kucha insists on how many slides in their presentations?
Andrew Staton from Pixar says what is the most important thing in presentations or movies?
to make your audience care
The 10 in Guy Kawasaki's 10/20/30 rule is what?
10 slides in the presentation
Which Senator had the most manager's amendments in the list Sen. McCaskill got from a lobbyist?
Public Citizen found that each member of congress had how many lobbyists on tax reform?
One study found that lobbyists had 6,200 members while Congress had how many staffers?
65 Senate aides
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