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Competition
Laws & Regulations
Introductory
Employees
R.I. Facts
100

A small business’s logo should be developed by a graphic designer so that it will be:

  1. Complex and abstract

  2. Legally protected

  3. Short and easy to pronounce

  4. Professional looking


Professional looking

100

“Our product works great!” is an example of a USP that is not enough:

  1. Fulfillable

  2. Urgent

  3. Desirable

   4. Specific



Specific

100

When Kia Corporation advertises the benefits, features, and price of its new Sorento, the company is:

  1. Helping consumers make an impulse purchase.

  2. Planning future production of more cars.

  3. Hoping competitors will produce similar cars.

  4. Helping consumers make an informed buying decision.


Helping consumers make an informed buying decision.

100

The SQZ company uses a computer application that allows managers to view the number of callers currently on hold and waiting for a customer service representative to help them. This is an example of a: 

  1. Forecast

  2. Dashboard

  3. Capillary

  4. Projectory


Dashboard

100

What is the name of the building where the Peregrine Falcons nest is?


The Superman Building

200

Which of the following is a reason why a business may choose an expansion product-mix strategy:

  1. To keep up with changing consumer preference

  2. To improve products for social good

  3. To differentiate from the competition

  4. To satisfy customers’ desire for variety



To keep up with changing consumer preference

200

A personal characteristic that helps people reach their goals is:

  1. Passivism

  2. Perseverance

  3. Procrastination

  4. Pessimism




Perseverance

200

How does promotion directly benefit the customers?

  1. It enhances a company’s image.

  2. It educates them.

  3. It supports the mass media.

  4. It creates jobs


It educates them

200

Setting the overall goals for a business, guiding the activities of the business, and keeping the business moving toward its goals are part of the role of:

  1. Employees

  2. Managers

  3. Supervisors

  4. Consultants


Managers

200

What state does Rhode Island share a water border with?


New York

300

When determining the particular services to provide to customers, businesses consider their _______       and _________ resources.

  1. Unimportant; environmental

  2. Human;unimportant

  3. Financial;human

  4. Environmental;financial


Financial;human

300

Quinn always asks questions and learns as much as she can at work. As a result, she often has innovative ideas. Quinn demonstrates:

  1. Risk-taking ability

  2. Curiosity

  3. Determination

  4. Flexibility




Curiosity

300

Which of the following is an advantage of newspaper advertising:

  1. Short life 

  2. Broad coverage

  3. High waste circulation

  4. A captive audience


Broad coverage

300

Which of the following statements describes how a human resources organizational plan benefits employees?

  1. It lists their qualifications and work experience

  2. It helps them understand their roles within the company

  3. It grants them the authority to perform their jobs 

  4. It illustrates how the company handles employee's promotions 


It helps them understand their roles within the company

300

What kind of bug is The Big Blue Bug?


A Termite

400

Determine whether the following statement is true or false: A product is considered new only if it is totally new to the market:

  1. True, any product developed by concept testing is new.

  2. False, a newly modified product can be considered new.

  3. True, only newly created products are considered new.

  4. False, any product not recently available is new.




False, a newly modified product can be considered new.

400

Rob is having trouble with his chemistry homework and needs help. He knows that Patrick, who sits next to him, understands the chapter, but he’s hesitant to talk to him. Patrick is a rugby player, and Rob doesn’t really fit in with the jock crowd. Rob thinks that Patrick probably wouldn’t want to help him. Which step of problem-solving does this situation illustrate?

  1. Collect information

  2. State and check your assumptions

  3. Select and implement a solution

  4. Evaluate the solution


State and check your assumptions

400

George’s Hardware recently received shipment of several new power saws. The advertising manager at George’s Hardware wishes to begin an advertising campaign to inform customers of the newly developed power saws. To what stage of the product life cycle does this scenario refer?

  1. Growth

  2. Maturity

  3. Introductory

  4. Declining


Introductory

400

Marketing goods and services to earn an acceptable profit is an example of a business:

  1. Function

  2. Objective

  3. Activity

  4. Strategy




Objective

400

What is Rhode Island's official state bird?


Rhode Island Red

500

Building strong corporate brands involves developing effective brand elements which should be memorable, meaningful, and:

  1. Reasonable

  2. Professional

  3. Functional

  4. Likeable


Likeable

500

Which of the following is a trend in information management:

  1. Decreased competition

  2. Increased compliance laws and regulations

  3. Increased number of workers in the office

  4. Decreased number of electronic documents  


Increased compliance laws and regulations

500

To manage potential business losses, the first step a company should  take is to: 

  1. Determine the probability of losses

  2. Identify its risks

  3. Purchase liability insurance 

  4. Respond to risks


Identify its risks

500

Which component of the business plan requires considerable time and external research?

  1. Strategy and Implementation

  2. Executive summary

  3. Appendices

  4. Market analysis


Market analysis

500

What is Rhode Island known for?

The Smallest state in size

or

The Ocean State