stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
CAB Exam Review #5 Flashcards | StudBud
Explore
/
CAB Exam Review #5
CAB Exam Review #5
15 terms
·
StudBud Administration
·
30 plays
#business
Flashcards
15 cards
F
Practice quiz
P
Host live
L
Questions
15
Answers
1
A corporation is controlled by this:
Small Business Administration
Corporate License
Board of Directors
Stocks
2
Which of the following is a license to run a corporation?
Shares of Stock
Corporation License
Corporate Charter
Partnership Agreement
3
Which level of management includes supervision, office managers, and crew leaders?
Middle Managers
Top-Level Managers
Operational Managers
Functional Managers
4
What is lacking if someone is a good manager, but not a good leader?
Vision
Ability to Give Orders
A Take-Charge Attitude
Organizational Skills
5
Which is required to be a confident leader?
Charisma
Decisiveness
Athletic Ability
A High IQ
6
Natural resources become factors of production when we use them to produce goods.
True
False
7
Inflation reduces the purchasing power of money.
True`
False
8
Which of the following describes work groups that supervise themselves?
Autocratic
Democratic
Self-Managed Teams
Free-Rein
9
Which is not a level of management?
Middle Managers
Top-Level Managers
Under-Managers
Operational Managers
10
What is it called when managers at the top of the line are in charge of those beneath them?
Organizational Plan
Management Plan
Line Authority
Departmentalization
11
The American Red Cross is an example of which type of business?
Franchise
Nonprofit Organization
Partnership
Sole Proprietorship
12
How old is the oldest dog?
27
29
31
24
13
Unemployment statistics are an important indicator of economic activity.
False
True
14
The internet is a good arena for entrepreneurs to sell products and services.
False
True
15
Ocean Spray, owned/operated by cranberry growers, is an example of this type of organization
Nonprofit Organization
Limited Partnership
Cooperative
Corporation
