QUESTION If you relish the chance to launch into a story at any opportunity, you are probably a ________. a. performer b. director c. detailer d. people-pleaser ANSWER a
Date: September 3rd, 2020
QUESTION Glenda plans to buy a video store franchise. Which of the following MOST likely convinced her to buy a franchise instead of starting up her own business? a. Business owners are not totally responsible for their decision making. b. Business owners are not responsible for paying royalty fees in a franchise. c. Business owners […]
Date: September 3rd, 2020
QUESTION When you run out of milk and you go to the store to buy some, this is an example of a customer ___________. Fill in the blank(s) with correct word ANSWER need
Date: September 3rd, 2020
QUESTION Who is permitted to operate as a monopoly? a. Appliance companies b. Life insurance companies c. Automobile companies d. Pharmaceutical companies ANSWER d
Date: September 3rd, 2020
QUESTION Most companies have an annual or semi-annual formal performance appraisal that typically involves evaluations by both the employee and the manager. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Explain why companies do market research and list some of the methods they use. What will be an ideal response? ANSWER Companies do market research in order to reach their customers, understand their needs, establish two-way communication, and give them the products they want. Some of the methods they use are focus groups, […]
Date: September 3rd, 2020
QUESTION A farmer should increase production when ________. a. marginal revenue equals marginal cost b. marginal cost is greater than marginal revenue c. marginal revenue is greater than marginal cost d. marginal revenue is greater than profits ANSWER c
Date: September 3rd, 2020
QUESTION ________ means promoting individual opinions. a. Encouraging continuous learning b. Providing feedback c. Delegating tasks d. Avoiding groupthink ANSWER d
Date: September 3rd, 2020
QUESTION The Department of Motor Vehicles has different departments customers go to depending on whether they need to obtain or renew a license, get a title for their vehicle, or register their vehicle. This structure is called _________ departmentalization. A) customer B) process C) product D) geographic ANSWER B
Date: September 3rd, 2020
QUESTION ________ allows the free flow of information by discussing goals and clarifying the vision. a. Providing feedback b. Avoiding groupthink c. Encouraging continuous learning d. Delegating tasks ANSWER c
Date: September 3rd, 2020
