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Business quiz
Business quiz
50 terms
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Intro to business quiz
Flashcards
50 cards
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Practice quiz
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Questions
50
Answers
1
Is the Scotia Bank schedule 1 or 2?
2
1
2
What is the primary industry sector?
natural resources
services
manufacturing
3
What is function?
Sometimes that is broken
What something does
Something
4
What is the top level of management?
VP
CEO
President
5
types of job training
work habits
lateness
probation
6
How many industry sectors are there?
10
2
4
5
7
What are liabilities?
Cash
Mortgage
Buildings
8
what does professional labor require?
requires some instructions to understand
certification or educational requirements
some educational training
9
What are assets?
Loans
Land
People
Wages
10
what is Corporate Social Responsibility?
bad management
companies should care about more than just making money
give staff 10 minute breaks a day
11
good ways to make a business better
free lunch meals
lower pay
gyms to workout
better working environment
12
What was the average salaries in Ontario in 2017?
47,320
$59,384
$52,260
13
Which one is not a failed product?
E-cigarettes
Pokémon
Virtual boy
Microsoft Bob
14
What is employee turnover?
employee vacation time
employee pay
rate for which employees are hired and leave
15
what was the national capital regions top employers in 2018?
Adobe Systems Canada Inc.
Bank of Canada
Carleton University
Canadian Heritage
16
What is revenue?
Money paid
Coins
Money received by a business
17
How does hiring employees with experience and already skilled contribute to business savings?
they have the appropriate skills for the job
they slow down productivity
18
What are some ways to advertise?
A house
Billboards
Instagram
Google ads
19
Who use financial statements?
Lenders
Government
Baby’s
Anyone
20
Why does the government use financial statements?
To see if the correct amount of taxes are collected
To see how a business is doing
To determine whether it’s a good investment or can pay loans
21
What are some examples of expenses?
Income
Rent
Phone bill
22
What part of the product life cycle is Samsung in?
Decline
Product development
Growth
Dead
23
benefits of competition
Efficiency
can force lower prices
shrinks customer base
Productivity
24
types of dismissal
layoff
hiring
senoirity
25
When should you buy things?
Promotional sales
Seasonal sales
As soon as you get money
26
good qualities of an HR manager
good at multitasking
problem solving
bad aditude
27
Is gross income good or bad
Good
Bad
28
How do some employers find employees?
linkedin
indeed
29
How many industry sectors are there?
10
5
1
4
30
Which kind of jobs are unskilled labor?
cashiers
farmers
truckdrivers
engineers
31
Good ways to be sustainable?
drive everywhere
reuse
solar panels
pollute the air
32
What is pull strategy?
Getting customers to go into stores
Pulling someone
Getting stores to carry products by offering deals
33
What is the tertiary industry sector?
services
research and development
natural resources
34
What type of business in stocks or shares?
Sole Proprietorships
Corporations
Partnerships
35
Which is an example of a franchised company?
Pizza Hut
Starbucks
Subway
36
What is the minimum retirement age?
42
65
30
10
37
What are the functions of money?
Medium of a exchange
Unit of account
Store of value
To throw
38
How much liability do Sole Proprietorships have?
Unlimited liability
Limited liability
39
Which of the options are marketing careers?
Director
Marketing manager
Market research analyst
Web content writer
40
reasons you may leave a company
low salary
good pay
flexible hours
41
What is the first stage in product life cycle?
product development
introduction
growth
maturity
42
What are some types of brands?
No name
Private/store
National
Made up
43
Does hiring experienced and skilled employees contribute to business savings?
no
yes
44
What is the purpose of a balance sheet?
To type
To make money
To see the financial status of a business
45
What are the types of stores?
Department
Online
Lemonade stand
Discount
46
Who were the winners of the National Capital Regions top employers of 2018?
Egg Farmers of Canada
Adobe Systems Canada
Walmart
Engineers Canada
47
What are bases that organizations can form?
Products
Functions
People
48
What is the first level of the Maslow hierarchy of needs?
Self-esteem
Physiological
Safety
49
What type of distribution chanel are clothes
Retailers
Importing
Wholesalers
50
Who are Canada’s top importers?
Mexico
US
Saudi Arabia
China
