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Principles of Business Review - block#5 Flashcards | StudBud
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Principles of Business Review - block#5
Principles of Business Review - block#5
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POB in class review
Flashcards
26 cards
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Questions
26
Answers
1
Maintaining an inventory of supplies helps a business to
establish sales goals
locate vendors
evaluate processes
operate efficiently
2
One way a business can reduce the risk of accidents in the workplace is by providing employees
supply manuals
electronic data interchange (EDI)
with safety training
weight-loss programs
3
One way for an audience to show that it support a speaker's opinion is by
heckling
ignoring
tolerating
applauding
4
Some businesses use an automatic reorder system to maintain an adequate
maintenance system
inventory of supplies
work environment
budget for expenses
5
Why is it important for employees to follow instructions when using equipment and machinery
to speed up production
to minimize loss
to increase output
to decrease overtime
6
Doug is 18 years and has decided to run for president
unrealistic
short-term
long-term
unattainable
7
The primary reason that governments develop workplace health and safety regulations is to
protect employees from injury and illness
reduce the risk of employment discrimination
ensure that employees have access to insurance
prevent the breach of business information systems
8
Which is a benefit of putting one's goals in writing?
clarifies the goals
makes the goals attainable
develops one's perseverance
provides a challenge
9
By purchasing just the quantity of supplies that is needed, purchasing can
provide an uninterrupted flow of supplies
buy supplies at the lowest possible price
plan the company's cash flow
minimize inventory investment
10
Some safety hazards in the workplace are caused by the unsafe actions of workers. An example
wearing inappropriate clothing
standing close to a load in order to lift it
talking to coworkers on a break
driving a company vehicle
11
When handling emergency situations, it is important for business employees to
listen to the radio
move the victim
know what to do
evacuate the building
12
For safety's sake, employees should take the time to practice skills and avoid taking:
vacations
personal leave
rest breaks
shortcuts
13
A primary purpose of data mining is to
discover relationships
develop services
summarize ideas
stabilize sales
14
What production activity evaluates products to make sure they meet certain quality standards?
automation
standardization
form utility
follow-up
15
What is one of the most important components of the production process?
inputs and outputs
new technology
new technology
human resources
16
Some safety hazards in the workplace are caused by the unsafe actions of workers. An example is
driving a company vehicle
wearing inappropriate clothing
standing close to a load to lift it
talking to coworkers on break
17
A reason why businesses are required to keep accident records is for:
personal liability
Social Security Act
Good Samaritan Law
insurance purposes
18
What is one of the first procedures if business employees detect a fire in the facility?
locate fire extinguishers
evacuate the premises
contact corporate headquarters
hide the valuables
19
Which question should be answered by the purchasing function
How can we inform customers of available merchandise?
How will merchandise be shipped to us?
How can we protect merchandise from pilferage?
How much merchandise should we buy?
20
Which is an example of an employee maintaining a safe work environment?
Taking elevator instead of stairs during practice fire drill
Computer wires that are lying on the floor
Following employers rules when operating equipment
Fail to tell supervisor the caution light is on equipment
21
Which processes turn economic resources into goods and services?
marketing
production
distribution
promotion
22
The first step in maintaining an inventory of supplies for the business is to
compare prices among vendors
organize a space to store the supplies
conduct research to find vendors that sell the supplies
develop a list of supplies that the business needs
23
A business letter that presents its message in as few words possible
courtesy
conciseness
completeness
clarity
24
Which part of the purchasing process is involved in when comparing prices?
bid analysis
receipt of goods
price fixing
invoice payment
25
Internet explorer is an example of software
web browser
computer server
cookie
bookmark
26
Which protects employees from liability when they administer first aid to customers?
Good Samaritan Law
Workers' compensation
Health and Human Services Department
Occupation Safety and Health Administration