Quiz a lot 3- Business - Introduction To Business

1

In the United States, privatization may be seen in the practice of some local governments to replace government workers with private contractors to provide many services

2

What are the tangible and intangible benefits of a spring break vacation?

3

Capitalism places paramount importance on the need for the government to intervene in the economy to ensure a fair and equitable distribution of income

4

Marketers are most interested in discretionary income because consumers have the most choice in spending it

5

One of the four primary functions of management is

6

The field of business ethics applies moral standards to business situations.

7

Which of the following is one way to move away from the spoken portion of a video?

8

The dasdaq was the world's first electronic stock exchange

9

TBL in practice (GE company)

10

Group life insurance policies are generally written as

11

The period of time over which an operational plan will be in effect is known as a

12

A drawback of a cooperative (a co-op) is that members can squabble and take too long to make decisions

13

During 2007-2008, which of the following contributed to the collapse of the financial markets?

14

ModShoes Inc. decides to move its manufacturing facility from Toledo, Ohio, to Jakarata, Indonesia, because it will have access to lower-cost but still highly skilled labor. This choice reflects the concept of

15

Which of the following statements is true about the business implications of Japanese society?

16

_____ refers to the process of seeking new employees from outside a firm.

17

The price floor is the lowest price at which a producer can sell its product without incurring a loss

18

The HR department at CBK Bottle Company is planning to audit the company's job descriptions. The director in the business development department realizes that he never wrote job descriptions for his staff. How should the director proceed to ensure he has job descriptions in place for the audit?

19

With regard to ongoing expenses, the most expensive type of long-term financing is the sale of common stock.

20

Alberto buys a hot dog from a food truck for $5. This amount is the food truck's _______

21

Timber Guitars, a guitar manufacturing company, launched 1000 high-quality, limited-edition guitars worldwide at a premium price of $10,000 per guitar. The company offered the lower-priced version of the same guitar after the first 1000 limited-edition guitars were sold out. In the context of pricing strategies, it can be concluded that Timber Guitars has adopted the strategy of _____.

22

Neo Speaker Company has functional teams that report up to CEO. The product management team also directs different specialists from these functional teams on various projects throughout the year. Which of the following structures best describes the one used by Neo Speaker?

23

The simplest form of business owned and operated by one person is called a(n)

24

When crafting a message, which of these is a good way to demonstrate empathy?

25

To make sure a performance appraisal is productive, a manager should be ________

26

Give an example from your own life about brand preference

27

Why would anyone prefer to be an intrapreneur instead of an entrepreneur?

28

Paul is an employee at a marketing firm. He is someone who prefers to be instructed by his seniors and avoids taking major responsibilities. He rarely uses his own judgment or creativity while doing a task in fear of putting things at risk. Paul's conduct in the workplace is consistent with the assumptions of_____.

29

Which of the following is an advantage to the franchisor in a franchise agreement?

30

The journalists at Calemalk, a daily newspaper, who earn a postgraduate degree in journalism are given better annual pay hikes than the ones who do not have a postgraduate degree. Which of the following variable pay systems does this scenario best illustrate?

31

Businesses that are influential enough to affect the price of an item are called ________

32

With respect to cash flow, a firm should ideally have:

33

Cross-functional teams that go beyond company boundaries share production information but seldom market information.

34

As a new employee in a bureaucratic organization, Madison can expect a great deal of independence and authority.

35

Which of the following is most likely to be the effect of FDI in the form of a greenfield investment on the host country?

36

The manager who provides overall guidance and leadership for the entire corporation is known as the ____ manager.

37

John developed a food additive that replaces processed sugars. He granted the right to use this additive to a major cereal manufacturer, and John now receives a $0.50 royalty for every box of cereal sold that contains this additive. What is this an example of?

38

Which of the following is an observation made by researchers Bartlett and Ghoshal regarding modern multinational enterprises?

39

____ is a contractual agreement where one firm gives another permission to produce and market its product and brand name in exchange for a fee

40

Most people find it relatively easy to live frugally.

41

If your retired grandmother had modest means, yet wanted to invest in stock, which type of stock should she buy?

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Quiz a lot 3- Business - Introduction To Business

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