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A business plan is:
An export is:
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General Management End of Pathway Assessment Study Guide
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Answers
1
An export is:
a good or service sold to another country
a product sold to a middle man
a good or service that is consumed by another country
a product that is taxed before it is bought
2
A business plan is:
a plan of where all the money goes
what the owner wants to do
a plan of how a business wants to operate
blueprint that outlines goals and how to achieve them
3
The study of people's efficiency in their work environment including their comfort level is:
a market analysis
ergonomics
demographics
strategic planning
4
Posted procedures that provide workers/personnel of how to handle emergency situations:
employee handbook
OSHA
safety plan
MSDS
5
Which of the following is not one of the 4 functions of management:
Challenging
Organizing
Controlling
Leading
6
Theft or misappropriation of funds by an employee:
embezzlement
bribery
identity theft
fraud
7
If Target does SWOT Analysis and they determine that Walmart is down the road this is a:
Weakness
Strength
Threat
Opportunity
8
Two types of business partnerships are limited and:
general
contractual
cooperative
fiduciary
9
a symbol or word/s that is legally registered for use by a company:
trademark
patent
copyright
mission statement
10
The only international organization dealing with the rules of trade between nations:
FTC
OSHA
NAFTA
WTO
11
Law that addresses relations between unions and employers:
Labor Relations Act
Union Act
Wagner Act
Sherman Act
12
The amount that the insured must pay before insurance starts paying:
policy
premium
payment
deductible
13
The government agency whose purpose is to set and enforce worksite safety and health standards:
OSHA
NLRB
OPM
EEOC
14
A sales forecast is:
process of estimating future sales
a weather forecast
estimating for a set amount of sales
estimating past sales
15
Evaluating the attractiveness of a market now and in the future is a:
demographics
market analysis
SWOT Analysis
market determination
16
If a company send a packet of info and forms prior to the interview, be sure to:
bring your salary requirements to the interview
bring information about competitors
leave it at home
bring them to the interview
17
An asset is:
something you hide
an employee
something you owe
something you own
18
Something that is owed is called a:
overdraft
money
asset
liability
19
Which of the following is not one of the 4 functions of management:
Leading
Marketing
Organizing
Controlling
20
The following is an example of nonverbal communication:
laughing
shaking your fist at someone
mailing a letter
sending an email
21
The term for research to determine factors, conditions, and characteristics of a market is:
Brainstorming
Market Analysis
Prototyping
Goal Setting
22
Which of the following is not one of the 4 P's/Marketing Mix?
promotion
payment
product
price
23
Shareholders own part of a business by buying stock in this type of company:
corporation
sole proprietorship
partnership
franchise
24
Which of the following is not one of the 4 types of businesses:
partnership
market
sole proprietorship
corporation
25
When giving a presentation one should speak clearly and:
point at the presentation
quickly
Monotone
Confidently
26
A motivational theory of 5 levels of needs is:
Einstein's Revelation
Bloom's Taxonomy
Maslow's Hierarchy of Needs
Theory of Necessity
27
An new entry in a Microsoft database in Access is called:
a slide
a record
a cell
a click
28
Being on time is called:
attendance
perseverance
punctuality
integrity
29
A target market is:
the group you want to buy your product/service
what you are going to sell
a market for a certain area
the people you buy inventory from
30
Bribery is a business crime where:
blackmailing somebody
stealing something
offering something to a public official or employee
hiding money
31
Established minimum wage, overtime pay and youth employment standards:
the US goverment
Sherman Act
OSHA
Fair Labor Standards Act
32
When using a fire extinguisher, aim it at:
The top of the fire
The biggest flame
The center of the fire
The base of the fire
33
Measures a company's financial performance over a set period of time:
income statement
asset sheet
money log
balance sheet
34
A law passed to protect human health and the environment from the effects of air pollution:
Green Earth Act
Clean Air Act
Go Green Act
Polllutionary Act
35
A Biz does SWOT analysis to decide whether or not to expand-which of these would be an “O”?
company expenses have increased
there is potential for increased profits
new competition could enter the market
money is available for expansion
36
Robert is a new employee. What is the best way other team members can help him participate?
assign him to watch the first few meetings
Let him fend for himself
Instruct him not to talk much so he can learn
teach him the ground rules
37
A Class C fire extinguisher is used on a:
wood fire
gasoline fire
kitchen fire
computer fire
38
The purpose of a performance evaluation is to:
help workers develop their strengths
determine what other jobs workers want
help companies determine who to fire
help workers determine when to ask for a raise
39
Items taken from a worker's paycheck such as taxes and insurance are:
fees
voids
deductions
allotments
40
This Act protects workers who are hurt on the job and provides pay and insurance for them:
Workers Compensation Act
Workers Rights Act
Disabilities Act
Clean Air Act
41
Making lists of task, determining due dates, and ranking tasks by importance is:
prioritizing
equalizing
consolidating
directing
42
The safe way to pick up a heavy box is:
Have someone else hold the other side
Squat first and pick it up
Lean over and pick it up
Get someone else to pick it up
43
A mission statement is:
A business's goals for the year
A statement of mission
What an organization is, why it exists, its reason for being
What a business wants to do
44
NAFTA stands for:
North American Free Trade Agreement
New Americans for True Amnesty
No American for Trump Again
New American Free Trade Agreement
45
Let's your employer know the correct amount to withhold from your paycheck for tax purposes:
1099 form
W-4 form
EZ form
W-2 form
46
This prohibits employers from discriminating against those with disabilities:
Act Against Disabilities
lawsuits
Americans with Disabilities Act
US Laws
47
Which of the following should you do first if there is a work incident:
give CPR
evaulate the environment
Call 911
check responsiveness of the victims
48
Covers the loss of income that a business suffers after a disaster:
coverage
Casualty insurance
an umbrella policy
Business interruption insurance
49
When someone provides info to others and they buy/sell stock knowing what will happen this is:
Private Info
Lying
Stock Trading
Insider Trading
50
Government organization responsible for tax collection & enforcement:
CIA
WTO
IRS
NAFTA
51
If you are actively listening you:
are nodding
are taking notes
can plan what to say next
can paraphase what was said