2025/2026 WGU C201 BUSINESS ACUMEN OBJECTIVE ASSESSMENT QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ In a large corporation, which executive reports directly to the chief executive officer and is largely responsible for setting financial policy? What refers to a web-connected ecosystem of everyday objects with network connectivity, including TVs, cars, household appliances, and wearable tech devices? 3D Printing Correct Answer etching of plastic layers into different shapes by laying down successive layers of material to form a 3D solid object a form of private equity owned by governments. Correct Answer A sovereign wealth fund is: A group or committee often makes decisions Purchasers often invite selected providers to bid on a purchase Buyers face organizational influences that affect their own preferences Correct Answer In which three ways does business-buying behavior differ from consumer-buying behavior? a product has a relatively high price Correct Answer Personal selling works best when: A rise of interest rates on these securities An increase in overall cost of debt to private borrowers Correct Answer Which two economic impacts should a manager anticipate when the U.S. government reduces the number of Treasury bills, Treasury Notes, and Treasury bonds it sells? A transaction processing system Correct Answer Which type of information system should be accessed by the vice president of sales for a national department store chain who wants to see the previous day's sales receipts? Accessories to primary products Consumable supplies Correct Answer With which two types of products does a marketing strategy rely on advertising more than personal selling?