Business - Introduction To Business. Quiz Level 1

A major distinction between a conventional bank and an Islamic bank is that Islamic banks:

Digital advertising is rapidly growing and now ranks third in terms of total advertising expenditures.

Intermediaries consist of agents, brokers, wholesalers, and retailers

When people from a variety of different countries and educational and work experience backgrounds come together to work on a project, they often have varying perspectives on given issues. This benefits the company in the form of

5

Angel is working on a project at Megahypertech Inc, a well-known multinational corporation. She is using capital budgeting to estimate the project's future cash flows. She finds that the present value of its estimated future cash flows is greater than the cost of the project. How likely is she to gain approval from the board?

6

Greer, Inc. is developing a marketing information system to try to improve its marketing efforts. Internal sources of marketing data the company could incorporate in the MIS include all of the following except

7

Operations management in service industries is about creating a good experience for the customer.

8

Banks that provide financial services to consumers are called ________

9

Even though she's not a fast food fan, Laura stops at McDonald's on the way home from work because she's hungry and too tired to cook. Which influence on her purchase decision does this reflect?

10

A motivational method in which the work is restructured to better match the worker could accomplish its goals by using or establishing closer customer relationships. What is the name of this motivational method?

11

A wide span of management is appropriate when

12

Technology is the product of acquiring some kind of knowledge and applying it to a problem to create a capability you did not have before

13

One reason many companies do not organize themselves as an S corporation is that this form of business

14

Which of the following is a basis for using a matrix structure within an organization?

15

________ is the division of labor into small, specific tasks and the assignment of employees to do a single task.

16

There are a very limited number of ways that a business can interact with other businesses as well as consumers through social media.

17

If an employee has a tendency to focus on relatively few tasks at one time, what type of personality trait is considered to be high?

18

The ________ insures deposits held in credit unions.

19

Strengths and weaknesses are the external factors of a company SWOT analysis.

20

Corporations generate sales revenues proportionate to their number as compared to other forms of ownership

21

Kathleen and a few of her fellow union members went to work one day and employed this union tactic. The next day Kathleen and the offending union members were legally disciplined by management

22

Maslow believed each level of need must be completely satisfied before an individual can advance to the next level

23

In Lurnee, it takes 10 resources to produce 1 ton of cocoa and 13.5 resources to produce 1 ton of rice. In South Tyberg, it takes 40 resources to produce 1 ton of cocoa and 20 resources to produce 1 ton of rice. Lurnee has a comparative advantage over South Tyberg in cocoa. This follows the theory of comparative advantage, and we can say that engaging in free trade benefits all countries that participate in it; however, this conclusion stems from which of these inaccurate assumptions?

24

An effective visual includes a ________, which offers additional discussion of the visual's content

25

Anya recently bought a house and took out a $250,000 mortgage. She also used her credit card to buy furniture for her house, and she is on a payment plan to pay for these purchases. These are examples of

26

Carson is a manager with IHG company. He is responsible for ensuring that the company makes the most of its employees and their individual skills and experience. Carson is most likely a ________ manager.

27

Dilbert's, a large department store chain, has store managers, district managers, regional managers, and functional managers. What type of organization does this describe?

28

Sales of XYZ Corporation's digital video cameras are rising rapidly, profits are peaking, and competitors are entering the market. XYZ is able to maintain its market lead. Judging from this example, the digital video camera is in which stage of the product life cycle?

29

A conglomerate merger will

30

Denise is a hard worker, but she has always had differences with her boss, Angela. Angela has recently become more demanding and is often unwilling to provide clarification on project requirements. After too many long working days with little or no job satisfaction, Denise walked into Angela's office and submitted her resignation. Denise knows that her résumé is strong and feels confident she

31

Integrated marketing communication simplifies the marketing process by replacing personal selling with extensive use of advertising to create a positive brand image.

32

Compare and contrast convenience products, shopping products, and specialty products

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Business - Introduction To Business. Quiz Level 1

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