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Unit 7 Test
Unit 7 Test
18 terms
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Flashcards
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Questions
18
Answers
1
A manager who helps count money in a cash drawer and prepare a bank deposit is demonstrates:
Creativity
Aggressive Behavior
Technical Skills
Natural Talent
2
In what business organization form do companies operate when they sell stock to raise capital?
Cooperative
Partnership
Proprietorship
Corporation
3
Bored yet?
DOGGY!!!!!!
Yes
No
Ugh...Totally
4
HIs job can
best
be described as a:
Manager
Cashier
Bookkeeper
Broker
5
Which type?
Franchise
Partnership
Sole Proprietorship
Corporation
6
Which do managers often set in order to control the work effort?
Hiring objectives
Job standards
Diversity quotes
Expense budgets
7
Which would probably result if a business reduced its marketing costs?
Increased costs of production
Increased customer awareness of goods and services
Decreased variety of consumer goods
Decreased need for customer contact with business
8
How frequently the operations function, consisting mainly of activities, should be performed:
Monthly
Yearly
Daily
Weekly
9
Business ownership in which one or more of the owners does
not
have full liability is called a:
Sole Proprietorship
General Partnership
Service Organization
Limited Partnership
10
What does Adidas market when, each year, lots of people watch the World Cup it sponsors?
Ideas
Services
Places
Goods
11
Which managerial function is she performing?
Organizing
Controlling
Staffing
Planning
12
A characteristic of a sole proprietorship is that the owner:
Has access to unlimited funds
Receives all the profit
Delegates all functions
Transfers all the risk
13
Which is a characteristic of human resources management?
Developing leaders
Evaluating supervisors
Scheduling the work
Working with people
14
Human resources management is important to succeed because this process is responsible for:
Creating jobs for the company
Eliminating turnover
Staffing the business
Reducing compensation
15
Which type of business ownership should José select?
Corporation
Sole Proprietorship
Cooperative
Partnership
16
This task would fall under which function of management?
Planning
Directing
Controlling
Organizing
17
What marketing activity takes place when dealerships promote the newest vehicle on the radio?
Offering the products customers want
Communicating with customers
Finding out about customers
18
According to the marketing concept, which option demonstrates customer orientation?
Convincing a buyer to buy
Researching a firm's competitors
Finding out what a buyer wants
Advertising the features of a product