Finance
The general economic growth of a country is supported by its
A. level of productivity. B. standard of living. C. gross domestic product. D. wealth of goods and services.
A. Level of productivity
How can researchers protect the integrity of the marketing information they collect?
A. By interpreting it correctly B. By organizing it logically C. By publishing it openly
A. By interpreting it correctly
Which of the following statements is true about the directing function of management:
A. It uses standardized communication. B. It is results driven rather than performance driven. C. It is a continuous process. D. It primarily occurs at the lowest level of the organization
C. It is a continuous process.
What can result from employees not respecting one another's lifestyles?
A. Generational misunderstandings B. An uncomfortable work environment C. Language barriers D. An increase in productivity
B. uncomfortable work environment
In relation to career success, it is important for individuals to assess their strengths and weaknesses so they can
A. eliminate conflict. B. apply their talents where they are best used. C. improve their relationships with friends. D. change their personalities.
B. apply their talents where they are best used.
The key factors involved in compounding growth are the amount of money you invest, how much your investment grows each year, and
A. your educational background and career. B. how you earn the money that you invest. C. how long your money is invested. D. your mutual fund manager's education.
C How long your money is invested.
Which of the following could you get from customers that would be useful in the selling process:
A. Promotional materials B. Manuals C. Catalogs D. Testimonials
D. Testimonials
Belinda is reviewing departmental reports to determine why the business's outputs have been decreasing steadily over the last six weeks. Belinda is analyzing issues related to
A. human resources. B. finance. C. production. D. distribution.
C. Production
Which of the following is an example of a value-added promotion offered by a hotel:
A. Daily housekeeping B. Hotel airport shuttle C. Indoor swimming pool D. Discounted rooms
B. Hotel airport shuttle
Fluctuations in interest rates often have an impact on the use of
A. tax incentives. B. rebates. C. discounts. D. credit.
D. Credit
Businesses usually invest in
A. bonds. B. themselves. C. stocks. D. real estate.
B. Themselves.
Coca-Cola's "Always the real thing" campaign is an example of what type of promotion?
A. Taste B. Product C. Service D. Company
B. Product
Which of the following is an example of a trade secret:
A. Legal document B. Credit report C. Trade journal D. Customer list
D. Customer List
The ABC corporation's privacy policy states that the company will maintain the confidentiality of its customers' information at all times. Which of the following would be a violation of that policy:
A. Selling customer lists without the customers' consent to third parties B. Collecting customer information with authorization to develop a customer profile C. Implementing a frequent-buyers program for the business's customers D. Allowing customers the ability to opt-out of the email updates that the business provides
A. Selling customer lists without the customers' consent to third parties
Lee is a high school student interested in becoming an entrepreneur. What personal skills and interests should she have to be successful as an entrepreneur?
A. A dislike for taking risks B. A preference for stability C. A passion to solve issues D. A need for guidance
C. A passion to solve issues
One advantage to businesses of using electronic funds transfer technology to collect accounts receivable is that it eliminates
A. check processing. B. liquidity reporting. C. sales discounting. D. payee outsourcing.
A. Check processing
15. A large car manufacturer purchases materials that it will use to create parts for vehicles. The car manufacturer is a(n)
A. retailer. B. agent. C. wholesaler. D. industrial user
D. Industrial user
Before filing a civil lawsuit in court, Kwame's attorney sent a letter to Tosh's attorney. In the letter, Kwame's attorney explained why they believe they would win a lawsuit against Tosh. Kwame's attorney sent a(n) __________ letter to Tosh's lawyer.
A. termination B. official C. demand D. warning
C. Demand
Tia is the front office manager at the Grand Hotel. She is preparing a short report for the general manager regarding budgetary issues that are negatively impacting the hotel. How should she begin the report?
A. Provide a formal plan to adjust the budget B. Explain the purpose of the report C. Share information from the budget D. Give specific examples of negative impacts
B. Explain the purpose of the report
Aria wants to invest her money, but she doesn't want to take much risk. She also wants to be able to access her money at any time. Which type of investment should she consider?
A. Collectibles B. A certificate of deposit (CD) C. A savings account D. Stocks
C. A savings account
What do some investors use to hedge the risk of investing in the foreign exchange market?
A. No-load funds B. Emerging markets C. Venture capital D. Derivatives
D. Derivatives
The corrective action that the government might require an advertiser to take if the advertiser does not advise consumers about important facts about a product is called affirmative
A. disclosure. B. endorsement. C. testimonial. D. briefing.
A. Closure
A business captures its employees' knowledge of certain tasks, processes, and events by developing a chart that outlines the relationships among bits of information. This is an example of a business using a(n) __________ technique to capture and transfer knowledge.
A. statistical B. authority-based C. diagram D. transcription
C. Diagram
Which of the following is true based on Maslow's theory of need satisfaction:
A. Self-esteem needs must be satisfied before physical needs can become important. B. All levels of needs are important and can be satisfied simultaneously. C. Most people are able to satisfy only lower level needs. D. Lower level needs must be satisfied before higher level needs can become important.
D. Lower level needs must be satisfied before higher level needs can become important.
Which of the following is the opportunity cost for a person who decides to place $500 in the bank rather than purchase something they really want but do not need:
A. Long-term dissatisfaction B. Immediate gratification C. Lower salary or wages D. Higher discretionary income
B. Immediate gratification