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Entrepreneurship EOPA Review Flashcards | StudBud
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Entrepreneurship EOPA Review
Entrepreneurship EOPA Review
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EOPA Review
Flashcards
32 cards
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Questions
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Answers
1
When a group is_______ possible solutions for a problem, they should record all comments and suggestions
brainstorming
working out
thinking
researching
2
One difference between strategic and tactical planning is that strategic planning tends to be
longer term and more broadly defined
shorter term and more narrowly defined
targeted towards middle management
targeted towards new employees
3
To be a good team leader, it is important to
Be autocratic and make all decisions alone
be a technical expert in the field
Socialize with team members and be well liked
recognize the strengths of others
4
When a company sends a packet of information and forms prior to the interview, be sure to
bring your salary and benefit requirements to the interview
bring information about competitors to the interview
take the entire packet with you to the interview
leave it at home since it is not needed at the interview
5
Company ABC sends anniversary cards to clients. To maintain an electronic record, they should use a
calendar
card file
database
planner
6
CEO urges employees to buy stock in the company then sells his personal stock due to a change; his actions showed?
honesty and integrity
a keen business acuity
loyalty to the company
unethical behavior
7
A mission statement describes an organization's
absentee policy
purpose or goal
job postings
building plans
8
A country exported $689,269 worth goods & imported $3,465,029 of goods, what is the trade surplus or deficit?
$4,154,298
-$2,775,760
$2,775,760
-$986,637
9
Which of the following situations is an example of an employee exhibiting unethical behavior?
taking a day of sick leave to play golf
working four ten-hour days to shorten the week
scheduling a two week vacation
clocking out at the end of the day
10
James wants to send personalized letters to each of his sales clients. To do this, James should use
auto addressing
mail merge
design templates
auto framing
11
According to the law of supply & demand, when high winds in Hawaii damaged coffee plants, coffee will be
low price because people will switch to tea to avoid price increases
in short supply with an unchanged price
unaffected in price or supply
in short supply, and therefore higher in price
12
Which of the following sentences is grammatically correct?
Ann missed the meeting because she was lying in bed with the flu.
The manager busted into the wrong office by mistake.
We arrived their at 3 pm to begin the meeting.
The injured victim was laying on the road until the ambulance arrived.
13
A new employee has joined a work team. What is the best way the team members can help him participate in team convos?
assign him to watch the group during the first few meetings
instruct him not to talk much during the first meeting
tell him about the ground rules, team created to guide meet
let him fend for himself
14
Which of the following questions are most likely to get to a specific definition of a problem?
what other problems have you had with this machine
what was happening when the failure occurred
has this problem happened before
how often has this probelm happened before
15
A fire may be controlled without upsetting the thermal layer by
aiming the stream at the ceiling and allowing the water rain
using a straight stream at the base of the fire
directing a straight stream to the middle of the fire
rolling the stream around the perimeter of the room
16
Worker's gross pay is $750.00& 1.25% is withheld for medicare tax, what dollar amount is being withheld for Medicare?
$7.35
$9.38
$125.50
$93.75
17
The main purpose of an effective performance evaluation is to:
help workers develop strengths and work on their weaknesses
help companies determine who to fire when times get hard
help workers determine when to ask for a salary increase
help companies determine what jobs workers might be good at
18
Gain employee acceptance of new changes, owner should provide adequate training and
make changes effective immediately
Explain changes in detail to the management staff only
provide advance notice of the new changes
reprimand employees who do not implement the change asap
19
An example of non verbal communication is
writing
speaking
nodding
emailing
20
The North American Free Trade Agreement (NAFTA) created a free-trade area for:
Mexico and Panama
Mexico, Guatemala, and Belize
Mexico and Canada
Mexico, the U.S., and Canada
21
Motivational praise from an employer should be specific and
include increased benefits
work related
personal
financially rewarding
22
The planning, pricing, promoting, and distribution of goods and services is known as:
advertising
forecasting
marketing
logistics
23
A SWOT analysis is used to decide whether or not to expand, this would be categorized as a "O"?
company expenses have increased
there is the potential for increased profits
new competition could enter the market
money is available for the expansion
24
Which of the following acts regulates the federal minimum wage for interstate commerce?
Fair Labor Standards Act
National Labor Relations Act
Revenue Act
Equal Pay Act
25
When an employee is giving an oral presentation he or she should speak clearly and
confidently
in a low voice
quickly
in a monotone voice
26
A good way to develop additional business-related career skills is to
work extra hard at your current job
develop a close relationship
participate in available education classes
network to create contacts
27
The term for research to determine factors, conditions, and characteristics of a market is
market analysis
goal setting
prototyping
brainstorming
28
The best way to motivate workers to do a good job is to
give positive feedback to reinforce what they do correctly
acknowledge group achievements rather than individual ones
give neg. feedback to discourage what they do incorrectly
competing against others to encourage spirit of achievement
29
Two types of business partnerships are general and:
cooperative
limited
fiduciary
contractual
30
Which of the following charts/diagrams is best used to determine possible root causes of problems?
fishbone
pie
Pareto
gantt
31
An example of active listening skills is
taking notes after the conversation
paraphrasing what has been said
nodding during the conversation
planning what to say next
32
The proper method for lifting is to keep the back straight, spread feet comfortably, andlift with ______ muscles.
arm
abdominal
leg
back