Human Resources
Move finished goods from one business to another
a. manufacturers
b. service firms
c. intermediaries
d. producers
c. intermediaries
a. product
b. price
c. promotion
d. perception
d. perception
Supply is the availability of a resource and demand is the desire for a product.
True
False
true
Anyone who does not follow safety procedures should be considered a:
a. asset
b. criminal
c. liability
d. instagator
c liability
The M in Smart goals stands for
a. motivation
b. measurable
c. mobile
d. minute
b. measurable
The Hierarchy of Needs suggests that what must be met first to reach self-actualization?
a. basic needs
b. safety
c. self esteem
d. belonging and love
Which of the following are activities used to persuade consumers they need a product?
a. price
b. promotion
c. perception
d. product
b. promotion
-Surplus
-Extinction
-Shortage
-Inflation
a. back massage
b. cake
c. money
d. car
c money
The amount a person earns after their taxes and deductions is their:
a. net
b. gross
c. primary income
d. secondary income
a net
Which of the following is not an intrinsic motivation?
a. challenge
b. accomplishment
c. money
d. enjoyment
c. money
a. customer persona
b. consumer
c. customer persona
d. customer centric
c. customer persona
The Law of supply and demand states that when an item is widely available and not many people want it, the price of the item will rise.
True
False
false
Which of the following is true regarding OSHA? Select all that apply.
-declares that businesses need to make their workplace as unsafe as possible
-gives rights to only employers
-prevents work-related accidents
-fines businesses that are not in compliance
3 and 4
a. vital
b. discretionary
c. luxury
d. necessities
b discretionary
Which of the following is not a role of HR?
a. help new employees fill out paperwork
b. train new employees
c. obtain qualified employees
d. promoting and selling goods
d. promoting and selling goods
a. production
b. transportation
c. management
d. accounting
b transportation
What kind of economic resource includes physical goods, machinery, trucks, trains, etc
a. land
b. capital
c. labor
d. entrepreneurship
b capital
Which of the following is not considered a security precaution?
a. security cameras
b. regularly changing passwords
c. regulating confined spaces
d. bars over windows
c. regulating confined spaces
Expenses that never change from month to month are
a. variable
b. fixed
b fixed
The manager is in charge of the following roles.
-setting long and short-term goals
-making sure the company runs smoothly
-leading employees to carry out tasks
-report new income and loss
-promoting and selling products
-first three
Which stage in the product life cycle focusses on beating competition, improving products, and increasing sales?
a. introduction
b. growth
c. maturity
d. decline
c maturity
A Command Economic System is based on:
a. customs, history, time honored beliefs
b. governmental control
c. individual control
d. both command and market economies
b government control
A network of all individuals, organizations, resources, activities, and technology involved in the creation and sale of product/service is known as
a. production
b. project plan
c. product life cycle
d. supply chain
d. supply chain
A financial entry that describes the amount of capital invested by owners is
a assets
b. liabilities
c. owner's equity
c. owners equity