2/4/6/8/10
69/59/49/39/29
15/20/25/30/35
11/24/31/41/53
1/3/5/7/9
100
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? A. Corporation B. Franchise C. Partnership D. Sole proprietorship
B. Franchise
100
ABC Corporation is attempting to buy out its only competitor but a lawsuit has been filed declaring that the transaction may lead to a monopoly. Which consumer right might the corporation be violating? A. To choose B. To service C. To safety D. To consumer education
A. To choose
100
All of Josh's employees will be trained on operating the new machines. This is an example of which function of management? A. Controlling B. Implementing C. Organizing D. Staffing
D. Staffing
100
Todd decided to form a corporation instead of a sole proprietorship because of which ADVANTAGE listed below? A. Limited liability B. Ease of formation C. Single taxation D. Limited life
A. Limited liability
100
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? A. Cooperative B. Corporation C. Partnership D. Sole proprietorship
B. Corporation
200
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? A. Corporation B. Franchise C. Partnership D. Sole propriertorship
C. Partnership
200
John denied a rival band from performing his song at a local concert. He is protected by which government service? A. Contract enforcement B. Environmental protection C. Intellectual property protection D. Safe work environment
C. Intellectual property protection
200
Jason decided for long-term projects that he would allow employees to give input and for daily routines he would determine the necessary duties. This is an example of which style of management? A. Mixed B. Strategic C. Tactical D. Varied
A. Mixed
200
Harry checks his electronic calendar for tasks assigned by his boss regularly. He very seldom sees his boss. This is an example of which style of leadership? A. Autocratic B. Democratic C. Laissez-fare D. Objective
C. Laissez-fare
200
Chun purchased 150 shares of stock in the Panasonic Company. How many votes will she have at the next stockholder’s meeting? A. 3 B. 30 C. 150 D. 300
C. 150
300
Several small businesses that sell organic foods have joined together to increase their chances to pay lower prices for inventory. This is an example of what type of business? A. Cooperative B. Corporation C. Franchise D. Sole proprietorship
A. Cooperative
300
A manufacturing company partnered with Rex Hospital to provide workshops about moving more at work. Which social responsibility did the company address? A. Employee wellness B. Environmental protection C. Job safety D. Workplace diversity
A. Employee wellness
300
Timmy regularly meets with employees to prepare them for job evaluation conferences. Which human resources manager activity is he performing? A. Managing compensation methods B. Managing performance of employees C. Planning and staffing D. Recruiting and hiring
B. Managing performance of employees
300
Hanes upgrades production routinely to produce thousands of items daily. Which type of manufacturing procedure will Hanes perform to keep up with production? A. Custom manufacturing B. Extraction C. Mass production D. Materials processing
C. Mass production
300
Hank has ownership, even without liability over his initial investment, along with George for a local business. This is an example of what type of business ownership? A. Cooperative B. Corporation C. Partnership D. Sole proprietorship
C. Partnership
400
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? A. Limited capital B. Limited life C. Single taxation D. Unlimited liability
C. Single taxation
400
Taz prefers buying products from Sears using his computer, since the nearest brick and mortar store is over 100 miles from his home. This is an example of what type of technology application? A. Artificial intelligence B. Computer-aided design C. E-commerce D. Telecommuting
C. E-commerce
400
Sony produces thousands of electronics to serve international consumers. Which type of manufacturing procedure is performed? A. Custom manufacturing B. Extraction C. Mass production D. Materials processing
C. Mass production
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? A. Artificial intelligence B. Computer-aided design C. E-commerce D. Robotics
C. E-commerce
400
Tami opened an auto body shop after repairing a couple of cars to the high satisfaction of customers. She has experienced which ADVANTAGE over a corporation? A. Double taxation B. Ease of formation C. Limited capital D. Unlimited liability
B. Ease of formation
500
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? A. Limited liability B. Limited life C. More capital available D. Unlimited capital
C. More capital available
500
Goodyear uses rubber to produce tires for cars, SUV’s, and trucks. Which type of manufacturing procedure is performed? A. Custom manufacturing B. Extraction C. Mass production D. Materials processing
D. Materials processing
500
A production manager determined that the buffer made the finish of cars appear to be dull. Which continuous process improvement did he perform? A. Involve everyone B. Identify process activities C. Select measurement tools D. Monitor performance continuously
D. Monitor performance continuously
500
A company spent $8,000 of its $97,000 workplace wellness budget on pedometers. What percent of its budget was used? A. 4% B. 8% C. 12% D. 16%
B. 8%
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: A. control of decisions. B. limited capital. C. limited life. D. unlimited liability
A. control of decisions.