Appointment Getter
The most successful brands are based on a:
Clear set of values, Low level of expectations, Business’s perspective, Single method for connecting with customers
Clear set of values
Which of the following is a typical reason why businesses keep financial records:
To prepare budgets, To determine an assets value, To support personnel decisions, To time promotions effectively
To determine an assets value
Which of the following assets usually is a main concern when developing a business's budget:
Incentives, Inventory, Interest, Insurance
Inventory
Which of the following is a security issue that a business might identify:
Employees not well trained, Equipment and poor repair, Money and cash drawer overnight, Protective clothing not available
Equipment and poor repair
How can we keep the classroom clean?
By staying at home
When using mind mapping to generate product ideas, you begin by writing down the main problem or:
Primary associations, Supporting facts, Market opportunity, Situational analysis
Market opportunity
One reason why many businesses decide to accept bank cards is to avoid the problem of:
Having too much cash, Faster approval times, Calculating interest, Collecting bad debts
Having too much cash
A business calculates its debt ratio by dividing the company's total liabilities by the:
Total assets, Current liabilities, Fixed expenses, Quick assets
Total assets
Three primary factors that affect the organizational structure of a business include interpersonal relationships, tasks, and:
Authority, Injunction, Inputs, Attrition
Authority
Why was the vampire removed as CEO?
He couldn't appeal to the stakeholders
Why should a business continue to monitor an established product?
To make sure that a marketing plan is firmly in place, To make changes in order to extend a products life cycle, To determine the acceptance of a product by a limited market, To evaluate how a product might fit the firm's product mix
To make changes in order to extend a products life cycle
One of the reasons that it is important for businesses to obtain credit is because a business’s:
Income doesn't always keep up with expenses, Expenses always exceed income, Budget will be easier to prepare, Credit purchases are less expensive
Income doesn't always keep up with expenses
Once a business has reviewed its past sales, the next step in preparing a sales forecast is to examine its:
Present circumstances, Composite figures, Personnel files, Previous donations
Composite figures
What frequently happens when the economy is recovering from a depression?
Increase in spending, Decrease in production, Increased on employment, Decrease in income
Decrease in production
Why is money called dough?
Because we all knead it
What is the primary reason for conducting a needs assessment for a new product idea?
To identify compensation preferences, To determine market potential, To detect quality problems, To evaluate brand loyalty
To detect quality problems
Pete's e-business, PJswidgets.com, had net sales of
$48,000 and net income of $6,250. What percentage of sales is net income?
13%, 11.6%., 14.5%, 15%
13%
Short-term credit may be obtained by signing a promissory note pledging repayment of the note and using ______ as collateral.
Account receivable, The borrower's signature, Collectibles and antiques, Stocks and bonds
Account receivable
Which of the following statements is true about entrepreneurship and small business growth:
Networking and customer retention often decrease entrepreneurial success, Trade regulations have very little effect on small business growth, Small business start-ups are taxed at a higher rate than multinational companies, Many people start entrepreneurial Ventures during times of economic recession.
Many people start entrepreneurial Ventures during times of economic recession.
Why did the financial system collapse in ancient Egypt?
Pyramid schemes
Which of the following examples illustrates how environmental factors are dynamic:
The economy impacts government policies, Demographics influence social and cultural attitudes, High interest rates eventually decrease over time, The government provides subsidies to maintain agricultural businesses.
The economy impacts government policies
Is it possible to buy insurance to protect your belongings if you don't own your home, but lease from someone else?
Yes, you can buy life insurance, Yes, you can buy renters insurance, No, lease properties cannot be insured, No, insurance must be purchased by the owner
Yes, you can buy renters insurance
To maintain a non-hostile work environment, many businesses establish policies to:
Reduce accidents, Prevent harassment, Encourage safety, Decrease mistakes
Prevent harassment
The advantage of cross-functional work teams to businesses is that the team members:
Possess unique talents, Share similar viewpoints, Have heavy workloads, Have technical skills
Possess unique talents
What do you get when you cross a banker with a fish?
A loan shark