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Unit 7 Test
Unit 7 Test
18 terms
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#PrinOfBus&Fin #RandomDogPix
Flashcards
18 cards
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Practice quiz
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Questions
18
Answers
1
Bored yet?
Ugh...Totally
No
DOGGY!!!!!!
Yes
2
A manager who helps count money in a cash drawer and prepare a bank deposit is demonstrates:
Technical Skills
Aggressive Behavior
Creativity
Natural Talent
3
Business ownership in which one or more of the owners does
not
have full liability is called a:
Sole Proprietorship
General Partnership
Limited Partnership
Service Organization
4
Which managerial function is she performing?
Staffing
Organizing
Controlling
Planning
5
How frequently the operations function, consisting mainly of activities, should be performed:
Weekly
Daily
Monthly
Yearly
6
Which is a characteristic of human resources management?
Developing leaders
Working with people
Evaluating supervisors
Scheduling the work
7
What does Adidas market when, each year, lots of people watch the World Cup it sponsors?
Places
Services
Goods
Ideas
8
What marketing activity takes place when dealerships promote the newest vehicle on the radio?
Offering the products customers want
Finding out about customers
Communicating with customers
9
HIs job can
best
be described as a:
Bookkeeper
Cashier
Manager
Broker
10
Which do managers often set in order to control the work effort?
Job standards
Diversity quotes
Expense budgets
Hiring objectives
11
Which would probably result if a business reduced its marketing costs?
Increased costs of production
Increased customer awareness of goods and services
Decreased variety of consumer goods
Decreased need for customer contact with business
12
According to the marketing concept, which option demonstrates customer orientation?
Convincing a buyer to buy
Advertising the features of a product
Researching a firm's competitors
Finding out what a buyer wants
13
Human resources management is important to succeed because this process is responsible for:
Eliminating turnover
Staffing the business
Reducing compensation
Creating jobs for the company
14
Which type of business ownership should José select?
Cooperative
Corporation
Partnership
Sole Proprietorship
15
In what business organization form do companies operate when they sell stock to raise capital?
Partnership
Proprietorship
Corporation
Cooperative
16
This task would fall under which function of management?
Organizing
Planning
Directing
Controlling
17
Which type?
Franchise
Partnership
Sole Proprietorship
Corporation
18
A characteristic of a sole proprietorship is that the owner:
Transfers all the risk
Receives all the profit
Has access to unlimited funds
Delegates all functions