Pre Exam Quiz 3- Business - Introduction To Business

Which of the following observations about subsidies is true?

Management considers various factors such as the goals and strategies of the firm, its size, and the structure of its competitors before choosing the right structure for a company

3

The most important technological change likely to affect the marketing success of many firms is the

4

Identify the most determinative element in integration, without which, there is no clarity of purpose, priorities, or process.

5

Ecclestone Corporation plans to go for an initial public offering and, therefore, seeks the help of an investment bank in issuing the new securities. The bank agrees to help the company in finding potential buyers and providing advice on the pricing of the securities. However, the bank does not guarantee that it will accomplish the task of selling all of the company's securities at a high price. In this scenario, the investment bank is using a _____ approach.

6

David needs to acquire financial capital to purchase a printing press for his business. David can either acquire the financial capital for the press by borrowing money from a bank or by purchasing the press on credit from his supplier

7

Herzberg's research found that the factor that ranked highest as a motivator was

8

If a company in the United States buys, sells, and trades goods and services with several other countries, it is engaged in

9

When Nabisco introduces Oreos with half chocolate and half peanut butter cream in the middle, it is ____ its Oreos line.

10

What term denotes a nation's basis for allocating its resources among its citizens?

11

Communication between a supervisor in one department and a supervisor in another department is an example of ________ communication

12

If you're responding to a claim and your company is at fault, it is best to

13

Institutional investors include insurance companies, individual investors, and mutual funds.

14

How does a monopoly have complete control over the price of its product?

15

Which of the following is not a financial reform regulation proposed by the U.S. House of Representatives and Senate as a reaction to the economic crisis?

16

Entrepreneurs weigh the differences between the benefits of starting a business and those things that they are likely to forego because they choose to work for themselves. Such things they are likely to pass up on are:

17

Borrowed money that will be used for more than one year is called

18

Which of the following statements is true of commercial paper?

19

Many firms now offer their employees ________ benefits, such as on-site haircuts and free breakfasts, which help employees maintain a balance between work and family life.

20

________ helped fuel the housing bubble by expanding the secondary market for subprime loans

21

Which of the following is characteristic of union members?

22

Which of the following is true of a piece of equipment when it is fully depreciated?

23

What is the MOST likely scenario in a monopoly, where only one seller supplies a product or service?

24

Which of the following is true of a sole proprietorship?

25

As a manager with D-Lighting Industries, part of Darius' job is to make specific short-term decisions about what his department must do to achieve D-Lighting's long-term success. Darius is involved in

26

What is the name of a clause that is included in a policy that limits or eliminates the death benefit if the insured dies as a result of war or while serving in the military?

27

The concept of the time value of money is based on the interest-earning power of money.

28

One way to ensure that there is sufficient supply of a good within a country is to enact a(n) ________, which discriminates against producers from exporting goods.

29

An injunction is an order issued by a union to stop work temporarily

30

A ________ is an incorporated town or city organization created to provide services for citizens

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Pre Exam Quiz 3- Business - Introduction To Business

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