Which of the following represents the major functions of management:

Planning, organizing, staffing, directing, controlling

Why are consumer goods often poor quality in a communist command economy?

The government pays workers based on quantity rather than quality.

A sales presentation should be based on

the fact that the client needs the product.

Which of the following is an example of an affinity partnership:

A credit card company offers cards with sports teams' logos

Self-understanding helps you raise your level of self-esteem because it

gives you a true picture of yourself.

When should a visual aid be shown during a presentation?

When the speaker shares relevant information

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Questions 15

Answers

1
Which of the following represents the major functions of management:
Evaluating, motivating, training
Budgeting, scheduling, developing procedures, delegating
Planning, organizing, staffing, directing, controlling
Researching, collecting information, reporting
2
In which kind of market does more competition exist than in any other kind of market:
Monopolistic competition
Oligopoly
Pure competition
Monopoly
3
An ad featuring a business's support of the Red Cross is an example of __________ advertising
promotional
costly
institutional
free
4
Why are consumer goods often poor quality in a communist command economy?
People in a communist command economy consume everything that they produce
The government pays workers based on quantity rather than quality.
High taxes take resources away from producers.
People in a communist command economy do not need quality consumer goods.
5
Which of the following circumstances is most likely to cause interest rates to increase:
Tight money supply
Consistent investment spending
Low inflation
Economic recession
6
During which stage of the product life cycle is the product failure rate the highest?
Maturity
Decline
Growth
Introduction
7
A sales presentation should be based on
appropriate use of follow-up techniques.
the fact that the client needs the product.
clearly written users' manuals.
the ability to locate new clients
8
Which of the following is fiat money:
A credit card
A $20 bill
Gold
A check
9
A common method of determining a product's safety is
complying with local regulations.
testing the product.
evaluating the product's appeal
developing warranties.
10
Which of the following is an example of an affinity partnership:
An airline offers frequent flyer miles to travelers.
A bank pays to have its name on a local concert venue.
A restaurant gives discounts to those who join its rewards program
A credit card company offers cards with sports teams' logos
11
A primary use of flowcharts in business documents or presentations is to
summarize numerical data.
explain relationships.
identify trends.
compare and contrast data.
12
One of the goals of qualitative research is to answer questions about
"who."
"why."
"how many."
"how to."
13
Self-understanding helps you raise your level of self-esteem because it
identifies social activities you enjoy.
gives you a true picture of yourself.
compares your skills with others' skills.
helps you develop personal interests
14
When should a visual aid be shown during a presentation?
At the end of the presentation to summarize
During the entire presentation to maintain interest
When the audience gets bored and restless
When the speaker shares relevant information
15
Which of the following is a type of non-probability sampling design:
Systematic random sampling
Judgment sampling
Stratified random sampling
Cluster sampling

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