Marketing
. Which of the following areas of management and administration is often referred to as “support staff”:
D) Administrative services
To obtain a job promotion is an example of a __________ goal.
B) Career
The economic basis for the private enterprise economic system is:
C)The profit motive
Which of the following is considered an internal control mechanism for a company:
B. Separation of Duties
Which of the following statements regarding the chain of command is true:
C. Businesses of all shapes, sizes, and industries have chains of command.
Annie recently started a new business. When selecting employees, she chose the applicants she knew personally rather than the individuals she had never met before. This is an example of:
B) nepotism
To effectively follow directions in the workplace, it is important to:
A)Respond with a good attitude
Which of the following is an effective persuasive technique:
D) Look people in the eye when speaking to them.
Which of the following is responsible for creating and reviewing corporate governance policies for a business:
C. Board of Directors
A government charges a $0.184 tax on each gallon of gasoline, regardless of location or price. This is an example of __________ tax.
A. Excise
What requirement of a legally enforceable contract requires that both of the parties who are entering into the contract are sane, sober, and of legal age?
A) Capacity
A memo is typically used for communication that takes place
D) Within a business
What is the primary purpose of the accounting process in business?
C) Tracking financial transactions.
What is the first step you should take when planning a project?
B. Identify the Projects Stakeholders
Allison is attending a business seminar. Because the seminar presenter is speaking very quickly, Allison is having a difficult time taking accurate notes. What technique would help Allison take notes quickly?
A. Use abbreviations and symbols
What is the primary goal of corporate promotion?
B) To create a certain image
When giving a presentation, a presenter should speak:
D)With confidence to create interest in their speech
Deciding how to transport goods is part of which operations activity?
D Logistics
What is one reason why businesses write informational messages?
A. To Explain New Policies
How are entrepreneurs similar?
A. They have strong personal traits, such as determination and confidence.
Marketers can gain an understanding of how customers behave by studying
B) Psychology
Which of the following is a result of a leader abusing their power:
A)Decreased productivity
“Cheating the system” in entrepreneurship often leads to:
A. legal trouble.
Which of the following payment methods relies on radio frequency identification (RFID) or near field communication (NFC) technology to make secure payments:
B. Contactless Purchasing
Todd needs to develop an overall plan for his business but does not know what type of information to include in the document. Todd logs onto a search engine to quickly locate the information he needs. Which of the following search terms is most likely to provide Todd with desired search results:
A. Business plan elements