Mary owns stock for several companies, which she plans to pass ownership to her grandchildren. She chose this form of ownership over sole proprietorship because of the ADVANTAGE of:
Potential of unlimited life.
100
During the renovation of the office building, Harry made sure that the call buttons located in the hallways were 42 inches above the floor for easier access. Which protection is Harry addressing?
Safe work environment
100
During the renovation of the office building, Harry made sure that the call buttons located in the hallways were 42 inches above the floor for easier access. Which protection is Harry addressing?
Safe work environment
100
In a hypothetical economy, only 40 people were included and 15 pizzas were produced last year at $7 dollars each. This information would be useful for which measurement of economic activities?
GDP per capita
100
The North American Free Trade Association (NAFTA) eliminates tariffs and embargoes among its members while trading goods and services. This is an example of which encouragement of international trade?
Free-trade agreement
200
A production manager determined that the buffer made the finish of cars appear to be dull. Which continuous process improvement did he perform?
Monitor performance continuously
200
Todd prefers business ownership that will not require his attention to daily activities. He chose this form of ownership over sole proprietorship because of the ADVANTAGE of the owners?
Limited liability
200
Due to decreasing enrollment in a local school system, fewer teachers as employees are needed. As a result, over 100 teachers were released from their commitments. This information would be useful for which measurement of economic activities?
Labor activities
200
Century Company sells filters to Shure Electronics that cut the filters in order for them to be placed into microphones during final production at a later time. What type of production is performed?
Processing
200
Jim solicited feedback from Jack, who is one of his employees, about a new display case. This is an example of which style of management?
Strategic
300
Which is an example of product development?
Studying new functions for a detergent
300
Since Jane’s corporation has become so popular, she has decided to allow other businesses to sell her products. This is an example of what type of business?
Franchise
300
Smart Tech Hardware Co. buys materials such as wood, plastic, and fabric in order to create office furniture to be sold worldwide. What type of production is performed?
Manufacturing
300
Which is an example of a company establishing supply?
Pamolive Detergent Company produces fewer products.
300
Chun purchased 150 shares of stock in the Panasonic Company. How many votes will she have at the next stockholder’s meeting?
150
400
Using the Internet and online communication, Shari presented a new product to potential customers in Peru, Costa Rica, and New York. This is an example of what type of technology application?
E-commerce
400
Carlos ignores minor decisions in his business even though his name is on the sign as one of the owners. This is an example of what type of business ownership?
Partnership
400
Even though a company may sell shares of stock, it relies on a central body of people for financial directions. This is an example of what type of business?
Corporation
400
A manufacturing company partnered with Rex Hospital to provide workshops about moving more at work. Which social responsibility did the company address?
Employee wellness
400
Both Bob and Jeri contributed to the expansion of their business to sell more brands of tires. They both experienced which ADVANTAGE of a partnership over a sole proprietorship?
More capital available
500
Mary is proud of saving over $43,000 in a bank. She knows that her saving money at the bank will provide funds for others to borrow money. This information would be useful for which measurement of economic activities?
Investment activities
500
Tami wants to invest money in shares of stock. She would have to pay taxes on her earnings twice. Which is an ADVANTAGE of a sole proprietorship over a corporation?
Single taxation
500
Tami prefers working alone in her auto body shop and being in control of the daily activities. This type of business ownership ADVANTAGE over corporation is:
Control of decisions.
500
John is responsible for processing applications submitted by applicants. He is performing which level of management?
Mid-management
500
The government of the United States allows consumers to make decisions about goods and services consumed. Which main factor of the international business environment is this information about this country classified?