Accounting
The best way for people to obtain information about a variety of career fields and options is by:
Accessing online employment services, Reading virtual textbooks, Completing job applications, Joining social organizations
Accessing online employment services
Some people avoid developing self-understanding because they are afraid they will:
Develop empathy, Learn something negative, Become egotistical, Lose their friends
Learn something negative
Small businesses contribute to local economies by:
Providing employment opportunities to local workers, Taking over local markets and monopolizing them, Forcing large corporations to leave small towns, Hiring workers from outside the local area
Providing employment opportunities to local workers
Where a product is available for purchase is referred to as:
Product display, The right location, The setting, Place utility
Place utility
Which is often the deciding factor in “who gets what” in some economic systems?
Profit, Supply, Demand, Income
Income
Tia has many interests and doesn't know which career path is best for her. One method Tia can use to determine the best occupational options for her is to:
Develop a general interest questionnaire, Surf the Internet for job descriptions, Complete an aptitude assessment survey, Have family and friends critique her personality type
Surf the Internet for job descriptions
Before a person can become more orderly and systematic, they must _____ all current activities:
Prioritize, Identify, Schedule, Perform
Identify
Fair salaries and wages, competitive benefits, and safe and helpful working conditions are all important in creating a good:
Division of labor, Quality of work life, Competitive Advantage, Standard of living
Quality of work life
Which of the following economic resources helps people be more productive:
Natural resources, Non-economic resources, Capital goods, Human resources
Capital goods
John's Country Burgers is a small, privately owned quick-serve hamburger restaurant which services a rural town. John discovered that a new quick-serve hamburger restaurant is opening up across the street from him. What type of competition is John going to have to address in his marketing plan?
Franchise, Wholesale, Direct, Indirect
Direct
Individuals who lose their jobs due to no fault of their own can receive _____ from the government:
Severance pay, Disability payments, Unemployment benefits, Insurance
Unemployment benefits
Why is appropriate dress important to your success on the job?
It ensures that you will get a promotion, It lets you make a statement about your interdependence and individuality, It sends a positive message about your personality and values, It shows off your personal fashion preferences
It sends a positive message about your personality and values
Which of the following regulatory agencies tests cosmetics to prevent the sale of unsafe items:
Food and Drug Administration, Interstate Commerce Commission, Federal Trade Commission, Consumer Product Safety Commission
Food and Drug Administration
Which of the following options is considered a personal want rather than a need:
Rent, Food, Medication, Travel
Travel
Risks that may result in a loss, no change, or a gain are:
Unimportant, Avoidable, Insurable, Uninsurable
Avoidable
Lily makes sure that she arrives at work on time and meets her work deadlines consistently and accurately. Lily is making her employer's expectations by:
Showing empathy, Demonstrating self-understanding, Exhibiting a positive attitude, Being dependable
Being dependable
What should be included in the conclusion of a letter of application?
Discussion about your qualifications, Praise for the recipient, Information about your background, A method for following up
A method for following up
The market price is the actual price that prevails in a market:
At any particular moment, On the 1st of each month, At the beginning of each quarter, At the beginning of the fiscal year
At any particular moment
Which of the following determines whether consumers can purchase goods or services:
Production costs, Buying power, Competition, Labor costs
Buying Power
Which producers are the foundation on which all other businesses depend?
Raw goods, Manufacturers, Builders, Retailers
Raw goods
Which of the following do businesses often expect employees to make on their own:
Routine decisions, Operating plans, Personnel choices, Policy changes
Routine decisions
The freedom to compete is a characteristic of businesses that operate in a(n):
Imperial political environment, Communist economy, Market economy, Independent Society
Market economy
What is one way that profitable businesses help to make the economy stronger and healthier?
By conserving resources for future use, By increasing tax dollars paid to government, By more conveniently serving customers, By developing effective advertising campaigns
By increasing tax dollars paid to government
The OZG company wants to borrow cash to enlarge its business. The company's efforts to obtain funds are part of the business activity of:
Strategic management, Financial analysis, Operations management, Marketing
Financial analysis
Which of the following business careers are within the finance field:
Accounting and Human Resource Management, Marketing research and professional selling, Banking services and insurance positions, Operations management and Merchandising
Banking services and insurance positions