Princ of Business Unit 8 Review

Question 1

What is a key aspect of business modeling?

Accepted Answer

Designing profitable frameworks

Question 2

What is a key skill for social media managers?

Accepted Answer

Attention to detail

Question 3

Being an entrepreneur is often a combination of experience and passion.

Accepted Answer

True

Question 4

What might an attorney that primarily deals with business specialize in?

Accepted Answer

cases that deal with contracts

Question 5

You should assume that everyone online has the same sense of humor as you do when posting online.

Accepted Answer

False

Question 6

What is a benefit of internships?

Accepted Answer

Networking opportunities

Question 7

Why is it important that Hello Ava follows up with clients after purchases?

Accepted Answer

It provides ongoing database of which products customers find effective.

Question 8

Ali is an actuary with a national insurance company. How will information he provides help his company succeed?

Accepted Answer

He determines risk involved when providing insurance.

Question 9

What does SMART stand for in goal setting?

Accepted Answer

Specific, Measurable, Achievable, Relevant, Time-bound

Question 10

Sue likes problem solving and working with numbers. She wants to become a financial analyst. What school does she need?

Accepted Answer

A college degree is the minimum.

Question 11

Why is projected growth an important factor to consider when choosing a career?

Accepted Answer

It indicates whether jobs in a field are likely increase or decrease.

Question 12

What is a key aspect of personal branding?

Accepted Answer

Quality standards

Question 13

What is a common mistake in goal setting?

Accepted Answer

Not being time-bound

Question 14

Business careers are difficult to combine with other interests.

Accepted Answer

False

Question 15

What is a key skill for entrepreneurs?

Accepted Answer

Innovation

Question 16

What is a common challenge in global marketing?

Accepted Answer

Cultural sensitivity

Question 17

What is a common role in human resources?

Accepted Answer

Recruitment

Question 18

If you like marketing, but your college doesn't offer it as a major, what can you do?

Accepted Answer

any class that teaches about decision making

Question 19

Amy is finishing her college degree in finance. What kind of career path would require her to get an MBA?

Accepted Answer

a career in management

Question 20

Many business jobs pay more than average.

Accepted Answer

True

Question 21

Management consultants will work very independently.

Accepted Answer

False

Question 22

Insurance and banking are two industries heavily dependent on business professionals.

Accepted Answer

True

Question 23

Which field has the highest projected growth?

Accepted Answer

Digital Marketing

Question 24

Teamwork is an important part of global marketing.

Accepted Answer

True

Question 25

Imagining that a potential employer will see all of your social media posts is a good idea.

Accepted Answer

True

Question 26

How can you tell if you have an aptitude for a subject?

Accepted Answer

You learn it more easily than other subjects.

Question 27

Which skill helps in spotting market gaps?

Accepted Answer

Opportunity recognition

Question 28

If you spend a lot of time on social media, you have the skills to be in social media marketing.

Accepted Answer

False

Question 29

What is the purpose of an interest inventory?

Accepted Answer

Identify personal interests

Question 30

Jobs in the same career cluster are likely to have much in common.

Accepted Answer

True

Question 31

What is a benefit of mentorship?

Accepted Answer

Guidance from experienced individuals

Question 32

True or false: Business careers are limited in options.

Accepted Answer

False

Question 33

Which of the following is the BEST example of cultural sensitivity?

Accepted Answer

learning about the traditions and beliefs of another culture

Question 34

Eva would like to be an accountant. Will she likely find a career with a large company?

Accepted Answer

Maybe, but small businesses require their services too.

Question 35

A social media mgr for an airline, needs to respond to the company’s X feed. Why does he need bus skills?

Accepted Answer

Social media platforms change so managing accounts requires flexibility.

Question 36

Which is the best example of a SMART goal?

Accepted Answer

Get an internship at a marketing firm during your junior year of college.

Question 37

Why is global marketing particularly challenging?

Accepted Answer

Brands must maintain a consistent message that applies across cultures.

Question 38

What does an actuary do?

Accepted Answer

Calculate financial risks

Question 39

What is a common entry-level position?

Accepted Answer

HR assistant

Question 40

Jobs require several different skills, and you may not have an aptitude for all of them. What is the best thing to do?

Accepted Answer

Find a job that has aptitudes and develop skills for the other aspects.

Question 41

What is a key component of career planning?

Accepted Answer

Creating an actionable roadmap

Question 42

What is the focus of business development?

Accepted Answer

Finding strategic opportunities

Question 43

If an interest inventory says a career that you do not like, you can look for another job that requires similar skills.

Accepted Answer

True

Question 44

Under what circumstance might a business hire a financial analyst?

Accepted Answer

A regional chain is trying to decide whether or not to go national.

Question 45

What is a common career path in marketing?

Accepted Answer

Salesperson

Question 46

What skills learned in hospitality management could best help a graduate develop and run an educational program?

Accepted Answer

management skills and working with the public

Question 47

Global marketing is simpler than marketing within one culture.

Accepted Answer

False

Question 48

Which role focuses on employee relations?

Accepted Answer

Human Resources

Question 49

What is an essential skill for global marketers?

Accepted Answer

Cultural sensitivity

Princ of Business Unit 8 Review

Questions 49

Princ of Business Unit 8 Review

Questions 49