Principles of Business NC CTE State Exam Review

When prices decrease, producers usually:

The basic role of the United States government is to:

Which activity should the owner use to inform potential customers about the new product?

What activity evaluates products to make sure they meet certain quality standards?

What software program would a business use to analyze operating expenses and level of sales?

In order to be understood on the telephone, a business's employees should always:

The government can borrow money from the private sector to pay the costs of regulation by:

Which processes turn economic resources into goods and services?

Maintaining an inventory of supplies helps a business to:

Which is a reason that natural resources are considered limited?

When manufacturers (not retailers) give back part of the price of an item to the customer:

Which is a good response when an interviewer asks your reason for leaving a previous job?

When Steven asks questions in an open-minded way, he avoids:

Which factor has aided the most in creating a global business environment?

A business selects goods or services to sell. Which type of risk is this business using?

The usefulness of a product to consumers is referred to as product:

Following someone at their job for a few days to learn about their career is an example of:

A girl is interested in dating two different guys. When she chooses one, this other is her:

Which industry exists to protect individuals and businesses from financial losses?

Which allows a computer to search and access information on the Internet?

The set of computer programs that manages the hardware and software of a computer is the:

When prices increase, producers usually:

By purchasing just the quantity of supplies that is needed, purchasing can:

What is one of the main reasons for sending an interview follow-up letter?

3 employees each work 35 hours and produce 9,765 items, what is their hourly productivity?

An employee who is continually teased and made fun of by a supervisor is a victim of:

Three factors that affect the org. structure of a business include relationships, tasks, and:

A reason why businesses are required to keep accident records is for:

A distributor would like to track its customers geographically. Which software would be best?

The primary reason that governments develop workplace health and safety regulations is to:

Which situation would indicate the need to adapt to changes in the business environment?

Should job applicants to ask businesses to let them know when a decision is made about the job?

One factor that might limit the human resources available for certain jobs is a/an:

Which is an example of an economic factor that affects the business environment?

Businesses often protect company information from computer crime by the use of:

A major characteristic of a market economy is which type of ownership of property?

Which is an internal factor that might influence a business owner's decision making?

When handling emergency situations, it is important for business employees to:

Which is a factor that affects the business environment?

Information management can be a challenge because:

Which is a standard capability of spreadsheet software?

Which situations would cause prices to rise?

The formula that is generally used to measure productivity is:

Which group of words best describes wants?

What type of information is acceptable to leave out of a job application?

Some businesses use an automatic reorder system to maintain an adequate:

Which is a capability of a presentation software program?

Accessing the websites of businesses and professional organizations is one way to obtain:

If a business is not concerned about social responsibility, it is likely to:

What type of communication style is appropriate for evaluation interviews with employees?

Which is an umbrella term referring to any type of Internet transaction?

A killing frost destroys 80% of Florida's citrus crop. This will most likely create:

Which change provides the most time utility for a consumer?

Computer database programs make it easier for businesses to manage:

Business ethics involve considering issues about what is:

Which is an example of a speculative business risk?

One main purpose of information management is to give businesses information they need to:

What do most businesses use to store information for future use?

Which affects the business environment because it provides the most options for consumers?

One reason an existing business might develop a company web site is to:

What needs to be presented at purchase to get money taken off the price of an item?

Job applicants use headings on their résumés to:

Available to all people around the world who have access to a computer that has connectivity:

Which provides government protection of business property?

Which occurs when the supply of individuals who are able and willing to work diminishes?

Which is a problem associated with communist command economies?

Which is an important component of computer systems?

Which is a way that businesses often use database software programs?

Which is the best source of information about job leads?

Many presentation software programs allow users to:

When businesses need to formalize the information which type of communication?

A U.S. company would decide to offer its products in other countries as a reason to:

Which question should be answered by the purchasing function?

Which is a example of a short-term objective?

For a business, income remaining after payment of expenses is: