Business Information Quiz # 11

A _____ is primarily focused on planning and selling.

Business plan

Business strategy

Business assets

A(n) ________ is a type of entrepreneur who prefers to keep his or her business small.

Micropreneur

Intrapreneur

Entrepreneur

_____ can be defined as the combination of benefits received and costs paid by the customer.

Value

Organizational benefits

Technology change

Product change

____________ is the temporary withdrawal of a person's license or driving privileges.

Continuation

Suspension

Resume

All of above

After receiving a license, 16 year olds may not drive between _________.

11 p.m. and 6 a.m.

12 p.m. and 6 a.m.

11 p.m. and 7 a.m.

11 p.m. and 8 a.m.

Dimming a component is also called ____ the component

.graying

Hiding

Wiping

Highlighting

In addition to not parking where signs prohibit it, you should never park __________________.

On a sidewalk

Blocking a driveway

Within 15 ft of a fire hydrant

All of the above

Writers use coordination to do all of the following except __________.

Create parallel structure

Create vertical structure

Create mix structure

None of these

When microsoft copyrighted its windows software, it established a(n) ____ monopoly.

Ethics.

Market

Legal

Embargo

Entrepreneurs tend to be ________.

Risk averse

Negative

Optimistic

Dispassionate

Entrepreneurs usually start _____, beginning with _____ resources.

At the bottom/ limited

Small/ limited

Independently/ specialized

Small/ patented

Fees charged to consumers include ____.

Brokerage fees

Sales commissions

The costs of information search

All of the above

Few people will use your business? internet site to purchase products if they feel it is ______.

Not secure

Easy to use

Quick loading

Professional looking

Firewire supports a maximum of _______________ devices.

127

63

4

2

For an entrepreneur, a business plan ________.

A systematic, realistic evaluation of a venture's chances for success in the market.

A way to determine the principal risks facing the venture.

A game plan for managing the business successfully.

All the above

Good decision making is ____.

​not predictive of real world behavior

​a product of nature over nurture

​an innate skill

​a skill that can be taught

Goods can be divided into __________ goods and __________ goods.

Functional: aesthetic

Required: desired

Tactile: conceptual

Durable: nondurable

Product: service

Google and its adwords program is an example of a ________ disruptive business model.

Low-end

New-market

High-quality

Low-price

New-channel

Graphical elements that precede each item in a list are known as ________.

Call-outs

Slugs

Buttons

Bullets

Captions

Since the united states imports more products than it exports, it has a(n) _____.

Trade deflict

Trade surplus

Exchange rate

None of these

Teams have better communication than other workers because they get to ______.

Know each other better

Attend communication seminars

Earn extra benefits packages

Use better telephones

The term operations (or production) refers to all of the activities involved in producing _______.

Goods

Services

Both

None of these

In return for a fee to a franchiser, a business owner receives the right to _____.

Exempt from paying income taxes

Sell the franchiser's goods and services

Sole proprietorship

Are limited from personal liability in certain situations

Increased participation in small business exporting owes credit to _______.

Political constituents who have made inroads abroad.

Large events such as the Olympics that have brought attention to the potential in world markets.

Technological advances such as the Internet and PayPal for safely fulfilling orders.

Partnerships that small businesses have formed with large businesses.

Most workplace messages should be __________.

Indirectly

Chronologically

Directly

Topically

The number of employees reporting to a manager is referred to as the manager's _______.

Span of control

Centralized organization

Virtual organization

None of these

To strengthen your ideas and opinions with examples, facts, or details is to add _____ details.

Supportive

Analyzing

Informative

One of the most important reasons for ethernet standards is it ________.

Can prevent unauthorized users from accessing the Internet

Allow the government to keep tabs on what you are doing

Assure equipment from different manufacturers is compatible

Prevent overburdening your computer

A firm considers _____ to increase size and market power within the industry.

A buyer-supplier consolidation

A conglomerate consolidation

Vertical mergers

Horizontal mergers

When stock prices decline steadily, investors refer to the market as a ________ market.

Bear.

Bull.

Dog.

Lion