ChancellorOxide9140
Which of the following activities is overseen by the Federal…
Which of the following activities is overseen by the Federal Reserve?
Public trading of stocks
Approval of business mergers
Printing of money
Purchasing corporate bonds
Hugh cleans the area around the office printer so that he does not have to hear his supervisor complain about how messy all of his employees are.
Which of the Reinforcement Theory components below does this scenario describe?
Positive reinforcement
Negative reinforcement
Positive punishment
Negative punishment
Theo was the human resource manager for a company. He guided managers in properly completing employee performance appraisals.
During which of the phases of Human Resource Management below is this performed?
Maintaining
Acquiring
Developing
Forecasting
Which marketing strategy below is involved when a new business decides to aim its marketing efforts at families?
Target market
Viral marketing
Market segmentation
Holistic marketing
Joseph managed the bookstore at a local university. He was known to mumble orders at his employees and yell at them when they made mistakes with the online ordering system.
Which of the management skills below does Joseph lack?
Conceptual
Human relations
Decision making
Technical
Which statement describes a cultural influence in Olivia’s search for a coffee shop on her way to work?
Olivia stopped in the coffee shop that all of her friends usually visit.
Olivia bought a pastry to go along with her tea since she was also hungry for breakfast.
Olivia bought tea rather than coffee since that is what her Indian family always drank.
Olivia added low-fat milk to her tea so that her drink would be healthier.
Which of the following is a problem a company may face when integrating technology into its marketing strategies?
How to minimize the impact of false advertising in media
How to effectively differentiate its products from those of the competition
How to become socially responsible in communities
How to handle privacy issues when customers share posts on social media
Loraine was a successful businesswoman who earned her initial wealth in the real estate market. She was also an avid outdoor enthusiast, particularly water sports. She invested her own money in a startup business that created a new type of lightweight kayak.
Which of the following investor types is Loraine?
Lending institution
Personal investor
Angel investor
Venture capitalist
Which of the following is a disadvantage to using an intermediary?
Can increase the cost of a product or service
Can increase distribution capabilities
Can provide expertise a business may lack
Can provide convenience for the consumer
Which of the following is an advantage of workforce diversity?
The company can increase its creativity by encouraging diverse opinions and perspectives.
Communication is usually easier within a large group of diverse people.
The company has to make many accommodations to meet the needs of the diverse group of people.
Managers may feel pressure to recruit people with diverse backgrounds.
Rita managed a group of financial advisors. She decided to let her employees set their own goals for an appraisal period. She thought they would be more motivated to reach goals they had defined for themselves.
Which theory below does this scenario illustrate?
Participative Management and Empowerment
Expectancy Theory
Management By Objectives
Goal Setting Theory
In addition to providing products and services, which of the following can a business often create?
More restrictions on consumer choices
Need for economic policy change
Quality of life for consumers
Increased need for government regulations
Which of the following is NOT an example of false advertising?
Advertising an orange drink as juice when the ingredients do not list any juices.
Providing supporting proof that a vehicle is environmentally friendly since it gives off fewer pollutants.
Claiming clinically proven health results for a food product that lacks scientific testing reports.
Retouching before and after photos in an advertisement for a weight loss medicine.
Which of the following is true about corporate ownership?
Stockholders are unable to share their voting rights with other people.
Each US state has the same tax guidelines for creating corporations.
A corporation is owned by any person who purchases its stock.
All corporations are publicly owned through publicly traded shares.
Sophie led a team developing a social responsibility program for her company. The team created a program to raise money for a local food bank charity.
Which of the following activities would NOT have been performed during the planning step for the program?
Determine the fundraising goals
Gain support from upper management
Manage performance of the program team
Set the budget for marketing the program
Speculative risks and pure risks have which of the following in common?
Both can result in a gain to a business.
Both can be managed using risk transfer.
Both can be managed using risk avoidance.
Both can result in a loss for a business.
Which of the following would be included in the financial plan section of a business plan?
Projected profit and loss for the business
Methods for measuring if specified targets are met
Description of the target market for the business
Analysis of competitors in the marketplace
Select the item below that illustrates push marketing.
Developing a television commercial
Demonstrating a product at a trade show
Encouraging word of mouth referrals
Creating an in-store promotion
Which of the following correctly describes short term financing?
Is harder to get than long term financing
Is repaid within a year and a half
Is more risky for the amount of money
Is less risky for the amount of time
Anita borrowed money from a bank to help her start her small business.
Which factor of production below does the loan represent?
Human resource
Capital
Information resource
Physical resource
Which of the following is a reason human resources might keep a skill inventory of employees?
To aid in turnover management
To manage employee relations problems
To reduce redundancy in available positions
To reduce the need for performance appraisals
As a manager at a large pharmaceutical company, Ian led a team of scientists in testing new drugs to determine if any side effects were present.
Which of the following best describes his role?
Middle manager
Top manager
Division manager
Line manager
Martin started a custom frame shop after retiring as an engineer. He was a skilled craftsman and knew there was a market in his small town for this business. He focused on serving his customers and maintaining the daily operations of his business.
Which of the following would Martin be considered?
Corporate owner
Business partner
Small business owner
Entrepreneur
Which of the following best illustrates risk retention?
A company decides not to participate in a venture that has high risks.
A company installs fire detection devices in all of its office buildings.
A company creates a reserve fund to handle possible financial problems that could occur.
A company makes a contractual agreement with another company to share the liability on a new project.
When an environmental group accused a local energy company of illegally dumping waste in a river, the company spokesperson released a statement that defended the energy company’s actions by denying that they had any responsibility to keep the river clean.
Which social responsibility stance below did the energy company take?
Accomodative
Defensive
Proactive
Obstructionist
