Question No: 1 – Please choose one
When the amount of government spending exceeds the amount of revenues, the result is called:
Trade deficit
Budget deficit
Balance of payment
Opportunity cost
Question No: 2 – Please choose one
What characteristic motivate a person to start his own business?
Earning large incomes
Being his own boss
Challenge
All of the given options
Question No: 3 – Please choose one
Firms can ensure responsibility to customers by:
Safe manufacturing techniques
Proper disposal of waste
Seeking feedback about product
Full financial disclosure
Question No: 4 – Please choose one
The position of chief financial officer is considered to be a:
Supervisory position
Top management position
First-line management position
Bottom-line position
Question No: 5 – Please choose one
The reinforcement theory that motivates employees by encouraging them to behave in a manner that avoids unfavorable consequences is __________ reinforcement.
Positive
Neutral
Equity
Negative
Question No: 6 – Please choose one
A Rolex watch and Mercedes car are considered:
Convenience products
Shopping goods
Specialty products
Industrial products
Question No: 7 – Please choose one
One way to accelerate the distribution process is to make sure that it is integrated with _______ process.
Marketing
Financing
Advertising
Production
Question No: 8 – Please choose one
Even a companys product is properly produced, priced and distributed, it still needs to be:
Manufactured
Graded
Promoted
Market tested
Question No: 9 – Please choose one
_____________ is a management approach for an organization, centered on quality, based on the participation of all its members and aiming at long-term success through customer satisfaction and benefits to all members of the organization and to society.
Total quality management
Personnel management
Strategic planning
Question No: 10 – Please choose one
Information-systems applications, based on telecommunication technologies, that use networks of appliances or devices to communicate information by electronic means are:
Electronic information technologies
Management information systems
Information management
Transaction processing systems
Question No: 11 – Please choose one
Effective marketing are intended to affect the firms:
Financial leverage
Social responsibility
Strategic plan
Cash inflows
Question No: 12 – Please choose one
Arrangement whereby selected professional providers offer services at reduced rates and permit thorough review of their service recommendations is:
Health maintenance organization
Preferred provider organization
Point-of-service
Health Insurance
Question No: 13 – Please choose one
Process of conserving the firm’s earning power and assets by reducing the threat of losses due to uncontrollable events is:
Risk Avoidance
Risk Management
Risk Control
Risk Transfer
Question No: 14 – Please choose one
__________ requires that expenses incurred in producing revenues be deducted from the revenue they generated during the same accounting period in order to accurately present the profitability of a business.
Revenue Recognition
Full Disclosure
Matching principle
Solvency Ratios
Question No: 15 – Please choose one
According to ___________ principle, organizations should be able to retain or dismiss employees at their discretion.
Employment-at-Will
Hostile work environment
Workforce Diversity
Knowledge Worker
Question No: 16 – Please choose one
Capital is the lifeblood of every business and is the most essential and important element of business.
True
False
Qu
I would suggest you to post each question separately to get a valid and relevant answer..
