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Partial exam 1
Partial exam 1
24 terms
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StudBud Administration
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Preguntas tipo test para repasar el exámen.
Flashcards
24 cards
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Practice quiz
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Questions
24
Answers
1
Pricing strategy is part of...
Marketing department
Finance department
HHRR department
Operations department
2
GDP stands for
Gross Domestic Product
Great Development Product
Gross Domestic Production
Gross Dynamic Product
3
In a General Corporation
the law does not distinguish between the business and its owners.
the responsability is limited
is the simplest way to start a business
It is not a legal entity
4
On the top of the Maslow’s Hieriachy of Needs we find:
Social Needs
Safety Needs
Esteem needs
Self-actualization
5
What is a SWOT for?
PIcture of the current and future situation of the company
Picture of the current situation of the company and the environment.
Picture of the current situation of the company
PIcture of the company environment.
6
Giving more Responsability is a _______________ strategy
Penalize
Recognition
Learning
Motivational
7
Equilibrium point is
Cross between supply & demand
The price due to the demand
The price due to the supply
E-commerce indicator
8
Ethics and legality ...
are the same
ethical decision are always legal
Obeying the law is the first step toward ethical behavior
Legality is always ethical
9
Carrot and Stick approach is a ______________ strategy
Penalize
Recognition
Motivational
Learning
10
Import Quotta is...
a payment companies make to export their products
a payment countries make to export their products
a limit on the number of products that a nation can import.
a payment customer make to get the product
11
__________ is the amount a business earns after deducting what it spends for salaries and other expenses.
Dividends
Profit
Interest
Revenue
12
Avoiding ethical issues in business always starts with top management.
True
False
13
TOWS Analysis shows...
how company take advantage of the threaths using its strengths
external enviroment
how company take advantage of the opportunities using its strengths
internal situation
14
The balance of payment shows...
the difference between the money spended and received in a country
the total amount of money due to exportation
The total payment of a country
the difference between all the exports and imports
15
Matrix organization implies
they are divided by functions and work for a project or a product
they need to report just to the function
they need to report just to the product owner
they are divided by projects
16
The total amount of money that businesses take in by selling goods and services is called ______.
profit
revenue
earning
loss
17
Tariffs is about...
a tax imposed on trading
a tax imposed on imports.
a tax imposed on exports
a tax imposed on sells
18
Porter's diamond explains the advantage of individual countries in international markets
True
False
19
Differentiation strategy is useful in the case of:
High expectations of the market needs
Competitive environment
Not competitive environment
Low expectations of the market needs
20
Supply & Demand belong to ____________ indicators
Country
Microeconomic
Investors
Macroeconomic
21
A market-based structure is a type of
Functional struclture
None of them is correct
Matrix structure
Divisional structure
22
Herzberg’s Motivation Theory considers ...
Hygiene & motivator factors
Hygiene factors
None
Motivators factors
23
Leadership is about
Managing people
Defining activities to get the goals of the company
Managing people and resources
Inspiring people to be commited with the vision and mission of the company
24
One of the beneficts of a functional structure is:
Good communication between departments.
It aids in personnel development.
More focus on quality of the product line/project
It promotes efficiency, such as in utilization of resources.
