Business Information MCQs (Chapterwise Multiple Choice Questions)

________ is the primary market for u.s. franchisers.

South America

Europe

Mexico

The Caribbean

Answer & Explanation

Correct Answer: Europe

Note: This Question is unanswered, help us to find answer for this one

The need __________ would be classified as a social need.

To reach one's full potential

To feel safe and secure from unexpected threats

For recognition and self-respect

To feel accepted and loved

Answer & Explanation

Correct Answer: To feel accepted and loved

Note: This Question is unanswered, help us to find answer for this one

The ________ addresses the roles of the community, region, nation, and world in a business.

Environmental analysis

Business analysis

Industry analysis

Proof of market

Financial analysis

Answer & Explanation

Correct Answer: Environmental analysis

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When a not-for-profit corporations dissolves, its assets are ________.

Given to a similar not-for-profit group

Value their human resources above all others

Be extremely responsive to their customers' needs

Be highly resistant to change

Answer & Explanation

Correct Answer: Given to a similar not-for-profit group

Note: This Question is unanswered, help us to find answer for this one

In the late 1800s organization among farmers resulted in _____

Dismantling of the Interstate Commerce Commission

A Democratic victory in the 1896 presidential election

More regulation of railroad and grain elevator rates

Repeal of the Grande Laws

Answer & Explanation

Correct Answer: More regulation of railroad and grain elevator rates

Note: This Question is unanswered, help us to find answer for this one

In the problem solving process, the first step is to try to ______.

Generate multiple solutions

Review your results

Decide on a solution

Evaluate your choices

Answer & Explanation

Correct Answer: Review your results

Note: This Question is unanswered, help us to find answer for this one

The ________ problem occurs when supervisors tend to rate all their subordinates consistently low.

Central tendency

Leniency

Strictness.

Halo effect

Answer & Explanation

Correct Answer: Strictness.

Note: This Question is unanswered, help us to find answer for this one

An investor who invests money into your business in exchange for equity receives ________.

A share of ownership of the business

Liability for any debt the business incurs

A monthly dividend out of the business profits

Bonds

Headaches

Answer & Explanation

Correct Answer: A share of ownership of the business

Note: This Question is unanswered, help us to find answer for this one

A market structure with a large number of sellers who make differentiated products is called _____.

Perfect competition

Monopolistic competition

Oligopoly

Answer & Explanation

Correct Answer: Monopolistic competition

Note: This Question is unanswered, help us to find answer for this one

Most workers learn what is expected as far as performance on the job from group ________.

Roles

Size

Cohesiveness

Norms

Answer & Explanation

Correct Answer: Norms

Note: This Question is unanswered, help us to find answer for this one

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