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100

Why is it important for businesses to follow local health ordinances?
A. To lower the need for medical care facilities
B. To protect the natural environment
C. To reduce the risk of widespread illness
D. To prevent accidents in the workplace

C. To reduce the risk of widespread illness

100

Which of the following is a capability of a presentation software program:
A. Copying and printing documents
B. Connecting several computers
C. Calculating mathematical data
D. Combining animation and sound

D. Combining animation and sound

100

Brendon admires professional basketball players and often purchases products that players have endorsed. Which of the following groups is influencing Brendon's buying behavior:
A. Subculture group
B. Reference group
C. Association group
D. Membership group

B. Reference group

100

A primary responsibility of financial-information management is to
A. report financial transactions.
B. negotiate contracts with vendors.
C. implement sales policies.
D. develop new products.

A. report financial transactions.

100

Which of the following is an accurate statement about sleep:
A. The amount of sleep people need varies from person to person.
B. Going to bed early will ensure that you get enough sleep.
C. The amount of sleep you get does not affect your health.
D. Everyone needs eight hours of sleep each night.

A. The amount of sleep people need varies from person to person.

200

A mission statement primarily deals with
A. what you plan to do in the future.
B. what you are doing right now.
C. what you regret not doing in the past.
D. what you have done in the past.

B. what you are doing right now.

200

Employee recognition and approval is a form of __________ feedback.
A. negative
B. positive
C. internal
D. critical

B. Positive

200

Sonya wants to show her project team members the logical relationships among activities in their project. What format should she use to present this information?
A. Project schedule network diagram
B. Project calendar
C. Milestone and deliverable chart
D. Bar chart

A. Project schedule network diagram

200

When a business presents an item to the marketplace by emphasizing its economic value, the business is positioning the product on the basis of its
A. features.
B. price.
C. competitors.
D. benefits.

B. price.

200

Which of the following is an example of motivation as a means of directing:
A. A manager pays attention to what time employees clock in.
B. Andy’s boss asks him to stay an hour late to finish his project.
C. Emmie praises her employees for quality work.
D. Employees engage in team-building exercises.

C. Emmie praises her employees for quality work.

300

Which of the following is an example of a personal liability:
A. Mutual funds
B. Mortgage
C. Treasury bills
D. Vacation home

B. Mortgage

300

If a company wants to ensure that changes are implemented in the best possible way and that those changes will lead to long-term benefits, it should use the __________ approach.
A. problem-solving
B. change-management
C. change-avoidance
D. solution-finding

B. Change-management

300

Which of the following indirect manufacturing costs is a company most likely to include in the cost allocation of its individual products:
A. Heat and lighting costs
B. Administrative salaries
C. Cost of labor
D. Raw product materials

A. Heat and lighting costs

300

Which of the following sample designs is similar to “drawing names out of a hat”:
A. Simple random sampling
B. Systematic random sampling
C. Stratified random sampling
D. Cluster sampling

A. Simple random sampling

300

. Quantum Cable customers can get internet, phone, and TV service for a single low price. This is an example of
A. product separation.
B. consumer demand.
C. combined marketing.
D. product bundling.

D. product bundling.

400

The time value of money says a dollar you receive in the future will be worth less than a dollar received today due to
A. interest.
B. exchange rates.
C. disposable income.
D. inflation.

D. inflation.

400

Standing very close to someone with whom you are talking can be an indication of __________ behavior. A. passive
B. assertive
C. aggressive
D. subversive

C. aggressive

400

Protecting the investments of shareholders is a primary responsibility of
A. company employees.
B. company lawyers.
C. the board of directors.
D. upper level managers.

C. the board of directors.

400

. It is usually most effective for goals to be phrased in __________ terms.
A. complex
B. simple
C. general
D. specific

specific

400

When preparing to deliver an oral presentation, the most important step is
A. practicing the delivery.
B. writing useful note cards.
C. conducting research.
D. choosing the best visual aid

C. conducting research.

500

Which type of customer can best be described as being shy, insecure, and sensitive?
A. Domineering/Superior
B. Dishonest
C. Suspicious
D. Slow/Methodical

D. Slow/Methodical

500

A company is considering whether to expand its operations into a neighboring country. The company predicts that the expansion will increase profits, but the firm's financial officials are concerned about the strength of the foreign dollar. This is an example of which of the following risk factors associated with international business:
A. Governmental regulations
B. Environmental fluctuations
C. Foreign currency exchange
D. Domestic financial policies

C. Foreign currency exchange

500

Statements about a present or desired strength are called
A. roles.
B. images.
C. visualizations.
D. affirmations.

D. affirmations.

500

The most common grades of eggs found in supermarkets are grades
A. AAA, AA, and A.
B. AA and B.
C. A, B, and C.
D. AA and A.

D. AA and A.

500

One of the reasons why a chain of hotels might analyze and interpret the marketing information contained in databases is to
A. compare variables.
B. organize products.
C. tabulate findings.
D. survey guests.

A. compare variables.

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