BUS 475 Capstone Final Examination Part 2 2017 Questions and Answers
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04. You work in marketing for a company that produces work boots. Quality control has sent you a memo detailing the<br />
length of time before the boots wear out under heavy use. They find that the boots wear out in an average of 208 days, but<br />
the exact amount of time varies, following a normal distribution with a st<strong>and</strong>ard deviation of 14 days. For an upcoming ad<br />
campaign, you need to know the percent of the pairs that last longer than six months-that is, 180 days. Use the empirical<br />
rule to approximate this percent.<br />
• 97.5%<br />
• 95%<br />
• 2.5%<br />
• 5%<br />
05. __________involves ensuring proper strategic controls <strong>and</strong> organizational designs.<br />
• Corporate governance<br />
• Strategy implementation<br />
• Business-level strategy<br />
• Corporate-level strategy<br />
06. A post-closing trial balance will show:<br />
• only income statement accounts<br />
• zero balances for balance sheet accounts<br />
• only balance sheet accounts<br />
• zero balances for all accounts<br />
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