Quiz a lot 4; Business - Introduction To Business

1

Jack recently received a considerable sum of money by selling his property. He decides to invest this sum in a diversified set of securities. He plans to retain these securities for a long time until they have appreciated. Jack is using the _____ investment strategy

2

What is a core premise of 18th-century economist Adam Smith's philosophy on free-market economies?

3

Employment at will means that an employer can ________ an employee for any reason at all.

4

The stage in the evolution of new products in which ideas that match company objectives are analyzed as to whether the firm has the required expertise for the product's development and marketing is called

5

In the context of franchises, the termaccounts receivablerefers to money owed to a parent company by franchisees who bought its goods on credit.

6

Company culture has a powerful impact on:

7

In regard to the Federal Reserve Board's credit controls, which of the following can the Fed do?

8

To be considered part of a market, an individual must

9

The most attractive foreign opportunities for American firms are found in the nations of Indonesia and Japan

10

Although it is true that _____ can be eliminated, their functions must be passed on to some other entity, such as the producer, another intermediary, or even the customer.

11

Christy works for a magazine publishing company. When pressed to meet a deadline, every employee is expected to work together to get the job done, even if it means working overtime. This commitment to teamwork is part of the company's

12

Stan's Skateboards doesn't have a lot of inventory. As a result, its ________ ratio is almost exactly the same as its current ratio.

13

The Federal Reserve establishes the federal funds rate and influences the money supply by buying and selling Treasuries in the open market. If the Fed buys Treasuries, the money supply will ________ and the federal funds rate will ________

14

Of the following potential investment projects, the project that poses the least risk is

15

You manufacture a diet supplement that has been declared illegal in Europe, Canada, and the United States because it has been deemed unsafe. You receive interest from a retailer in Australia who would like to purchase $1 million of the product to sell in its stores. From what its people have heard, it's a great product and works well. They are not aware of the legal status of this product in

16

What is authority given to a decision making body with power beyond that possessed by any one person?

17

When reviewing a message for organization what should you look for?

18

The shortest distribution channel is from the producer, to the retailer, to the consumer

19

Discuss integrated marketing communications

20

The Mediterranean Diet has received attention because of its potential for protecting the body against cardiovascular diseases and cancer. The diet is a better source than our pyramid for:

21

An argument against corporate social responsibility is that if a firm is distracted from ________, society will suffer.

22

Which of the following can be done to reduce the detail in a slide, making it easier for the audience to understand?

23

Which of the following helps entrepreneurs gain skills that are essential for running a business?

24

Which of the following is defined as the process of sending and receiving information without using written or spoken language?

25

Starbucks investigates coffee bean growing regions and before it contracts to buy the beans from local growers, sets up clinics to inoculate residents from diseases in the area, provides sources of clean water for the villages, and otherwise works to improve the standard of living for the residents. This is an example of the company acting on its perception of its

26

Barry wants to open a new warehouse to produce children's toys. Which operational item must he consider when opening his warehouse?

27

When writing a business plan, entrepreneurs identify the competition, including the ________, which is the subset of the group on which their product is focusing

28

The FunLife Toy Company recently signed on to a document stipulating global business principles regarding human rights, labor practices, environmental protection, and corruption. Which document did the company sign?

29

Nonprofit organizations:

30

Which type of pre-employment test attempts to measure how truthful and trustworthy a candidate is?

31

Blue Legion is a store retailer that sells meat, vegetables, dairy products, baked goods, personal care items, and clothes at a discounted price to its members. It is evident that Blue legion is a _____.

32

In a company with a centralized structure, decision-making is in the hands of very few people

33

The franchisee supplies

34

It is usually the _____ management that actively supports work–life balance programs

35

A stock life insurance company that issues both participating and nonparticipating policies is doing business on

36

Madeline just finished giving a sales presentation to a major prospect. Next, Madeline will likely be

37

The best decisions, from a utilitarian perspective, are those that:

38

If a U.S. firm wishes to buy products from an overseas supplier, what would the firm use to guarantee payment on a certain date?

39

Which of the following is intended to build a manager's skills over his or her career with a firm?

40

Which statement is true of online shopping?

41

From least integrated to most integrated, the levels of economic integration are:

42

Home Depot employs more Olympic hopefuls than any other U.S. company through its Olympic Job Opportunities

43

Why do governments limit convertibility of their currency?

44

According to Florida's rules on disclosure, a life insurance applicant is expected to be provided with

45

Rosa loves fresh tomatoes. In August, she goes to each farmers market stall, squeezing tomatoes to check for ripeness, smelling them for sweetness, looking for blotches

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Quiz a lot 4; Business - Introduction To Business

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