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Duplicate of DECA - Business Management and Administration Cluster Quiz Flashcards | StudBud
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Duplicate of DECA - Business Management and Administration Cluster Quiz
Duplicate of DECA - Business Management and Administration Cluster Quiz
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StudBud Administration
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Thornhill SS DECA - Business and Administration Cluster Quiz
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Questions
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Answers
1
Limited liability is a characteristic of what form of business?
Partnership
Joint Proprietorship
Corporation
Sole Proprietorship
2
A well-prepared new employee orientation program should
verify the new employees' job qualifications.
outline the employer's specific financial goals.
negotiate the employees' salary requirements.
communicate the employer's philosophy and expectations.
3
Environmental regulations require businesses to develop operating and production systems that
collect samples
control pollution
consume resources
create waste
4
An economy with a high unemployment level tends to have:
a lower rate of inflation
a high supply of money
rapid GDP growth
fewer monetary policies
5
When filing a tort against a business, the plaintiff must establish that the defendant
Damaged property intentionally
Breached the duty of care.
Conspired with a competitor
Violated the doctrine of sovereign immunity
6
Which of the following would be considered a short-term objective:
Becoming fluent in a foreign language
Becoming president of a large corporation
Finishing a six-week computer-software course
Paying off a 25 year mortgage
7
Y Manufacturing bought new equipment that replaces employees in production activities: this is
Customization
Automation
Ergonomics
Outsourcing
8
A common problem of first-level supervisors is that they...?
Are unable to do long-range planning
Lack training in management techniques
Are unfamiliar with the work they supervise
Want to move up to mid-level
9
An effective way for a company to reduce false rumors that circulate the company grapevine is
meeting with employees to review their performance.
limiting the employees' contact with one another.
developing ethical policies to guide the employees' behavior
improving its formal communication with employees.
10
What types of traits should employees exhibit to reinforce a company's image?
Friendly, consistent, and passive
Knowledgeable, consistent, and aggressive
Helpful, aggressive, and friendly
Consistent, knowledgeable, and helpful
11
An important aspect of the organizing function of management involves
establishing levels of authority
motivating team members
promoting employees
conducting performance reviews
12
Which of the following statements regarding company policies is true?
Company policies identify general company rules
Company policies describe emergency measures.
Company policies and procedures are the same thing.
Company policies identify very specific employee actions
13
Which is a business potential benefit of implementing continuous quality improvement processes:
Higher costs
Decreased demand
Increased revenue
Lower productivity
14
What is important to do when giving verbal directions to make sure the audience understands?
Maintain eye contact
Use gestures
Explain information
Ask questions
15
When Angela spent her birthday money on a designer handbag, the opportunity cost was
Buying concert tickets
Reading a book.
Hanging out with friends.
Working out at the gym
16
Which of the following is a disadvantage of a checking account:
Overdraft protection
Online transaction options
Direct payroll deposit
Account balance requirement
17
Can employees respond to a customer's inquiry with I don't know?
Yes, the customer can find another employee to answer.
No. It is the employee's responsibility to know
Yes, The employee can get the information and tell them
No. Better to provide them with an educated guess.
18
Buying behavior with low customer involvement, large brand awareness, and a desire for change?
Brand-Oriented
Risk-Taking
Status-Oriented
Variety-seeking
19
Which of the following is an example of an economic activity:
Buying new company equipment
Developing an advertising budget
Conducting a meeting
Complimenting a coworker
20
Which of the following is an advantage of using an online brokerage firm:
High commissions
24-hour account access
Additional financial products and services
Personal guidance from a live broker
