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Huskies do Business Flashcards | StudBud
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Huskies do Business
Huskies do Business
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StudBud Administration
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A #business #Quiz! quiz testing general business knowledge
Flashcards
27 cards
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Practice quiz
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Questions
27
Answers
1
Which type of investor would care about a dividend?
Day trader
Long term investor
stock broker
Short term investor
2
Who polices the stock market?
The FBI
Stock brokers
Floor traders
Security Exchange Commission
3
Which one is not a labor skill level?
Skilled
Professional
Unskilled
Semi-professional
4
When sellers offer similar but not identical product?
Oligopoly
Monopoly
Monopolistic competition
Perfect Competition
5
Which is not true of a franchise?
Double Taxation
Management training provided
Large payment to parent company
National advertising campaign
6
When reading a stock quote, which term shows how many stocks have been traded that day?
volume
yield
52 week high
close
7
How often are dividends paid out?
Quarterly
Once a year
Bimonthly
Once a month
8
Main purpose of a labor union
To make sure everyone joins the union
To help those that are unemployed
To represent best interests of members
Inform members who to vote for.
9
Differentiated products are most important in which market structure?
Monopoly
Perfect competition
Monopolistic Competition
Oligopoly
10
What type of business has stock?
Partnership
Franchise
Corporation
Sole proprietorship
11
This makes monopolies illegal in the US
Commerce laws
Rutt's rule
Antitrust laws
Adam Smith law
12
What is an
entrepreneur
?
A person who invests money
A person who invents something
The CEO
A person who starts a business
13
Right to work states usually have
Lower wages, lower growth
Lower wages, high growth
Higher wages, lower growth
Higher wages, higher growth
14
Which action would not be illegal to the SEC?
Trading with insider information
Misleading stockholders
buying/selling stocks through stock broker
Inflating a companies sales figures
15
City Water is an example of
Monopolistic Competion
Perfect Competition
Oligopoly
Monopoly
16
Bananas are an example of....
Perfect Competition
Oligopoly
monopolistic competition
Monopoly
17
A market in which stocks of publicly held companies are issues and traded
A flea market
The Dow Jones market
A stock market
New York Market
18
What is the
Dow Jones
Industrial Average?
The performance of 500 companies
Sum of money paid regularly by a company
A stock market index measuring 30 blue chip companies
A place where shares of public companies are traded
19
Which of the following is NOT true in perfect competition?
There are no barriers to entry
The pricing is similar between firms
Many business firms sell the product
A wide variety of products is available
20
An example of a blue chip stock would be...
A large, well known corporation
A corporation that doesn't sell stocks publicly
A start up corporation
An established, but not well known corporation
21
A sum of money paid regularly by a company to its shareholders
Revenue
Interest
Dividends
Tax
22
A business that is owned by two or more owners who share profits and losses is called a
Sole Proprietorship
Franchise
Partnership
Corporation
23
A sole proprietorship has
Unlimited liability
No business loans
Limited liability
swag
24
Which market structure has identical products?
Monopolistic Competition
Oligopoly
Perfect Competition
Monopoly
25
Soda is an example of....
Monopolistic Competition
Oligopoly
Monopoly
Perfect Competition
26
A market dominated by a few sellers
Monopolistic Competition
Monopoly
Oligopoly
Perfect Competition
27
Jeans are an example of...
Perfect competition
Oligopoly
Monopoly
Monopolistic competition