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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
100
Keisha allowed her employees to plan the expansion project. This is an example of which style of management?
A. Mixed B. Strategic C. Tactical D. Varied
100
Which is an example of production planning for personnel?
A. Employees are needed for manufacturing a new product. B. More managers are needed to sell a new product. C. Store manager makes plans to sell more security cameras. D. Store managers push for selling of clearance products.
100
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
100
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
200
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
200
John is responsible for processing applications submitted by applicants. He is performing which level of management?
A. Management by others B. Mid-management C. Supervisors D. Top management
200
Jose installs automated systems that will assist customers with opening bank accounts. This is an example of what type of technology application?
A. Artificial intelligence B. Computer-aided design C. E-commerce D. Telecommuting
200
Jack and Henry are responsible for 20 people, who report to them directly. They collaborate frequently to make sure they will meet the production goal of the company established by another employee. This is an example of which level of management?
A. Management by others B. Mid-management C. Supervisors D. Top management
200
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
300
Mary owns stock for several companies, which she plans to pass ownership to her grandchildren. She chose this form of ownership over sole proprietorship because of the ADVANTAGE of:
A. limited capital. B. potential of unlimited liability. C. potential of unlimited life. D. single taxation
300
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
300
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
300
Keisha allowed her employees to plan the expansion project. This is an example of which style of management?
A. Mixed B. Strategic C. Tactical D. Varied
300
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
400
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
400
Cheng processed reports on his computer that will allow his manager to make decisions about the amount of brake pads and oil to order from the warehouse. This is an example of what type of technology application?
A. Artificial intelligence B. Management information system C. Robotics D. Telecommuting
400
Josh conducts orientations to inform new employees about available benefits. Which human resources manager activity does he perform?
A. Management of compensation methods B. Management of performance of employees C. Planning and staffing D. Recruiting and hiring
400
Vera accepts input from her employees annually about the upcoming budget. This is an example of which style of leadership?
A. Autocratic B. Democratic C. Laissez-fare D. Objective
400
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
500
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
500
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
500
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
500
John is responsible for processing applications submitted by applicants. He is performing which level of management?
A. Management by others B. Mid-management C. Supervisors D. Top management
500
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