Business Information Quiz # 13

Holding cash simply as a financial reserve is referred to as the ____ motive.

Precautionary

Opportunity

Speculatived

Disbursemente

In _______ e-commerce, the sellers and buyers are organizations.

Consumer to business

Business to business

Consumer to consumer

Business to consumer

In _____, an experienced manager shows a new employee how to perform job duties.

On-the-job training

Classroom training

Orientation training

Computer-assisted instruction

Realistic job previews

In a professional business letter, _____.

Extra line spaces should be included between the inside address and the salutation

Extra line spaces should be included between the salutation and the first paragraph

The date should follow the international date format

Extra line spaces should be included between the date and the inside address

In business relations all of the following are influenced by our personal ethics except ________.

Actions.

Job titles.

Thoughts.

Words

In the context of an organization's information system, external users _____.

Customers

Contractors

Suppliers

Both A & B

In-basket tests are examples of _____ tests.

Job performance

Physical ability

Honesty

Personality

Cognitive ability

It is easiest for management to deal with resistance when it is ________.

Covert

Deferred

Passive

Implicit

Overt

Managers are usually classified into three categories: executive, ____, and operational.

Development

Middle

Strategic

Decision

Managing team _____ is the most important skill required for effective team management.

Norms

Cohesiveness

Conflict

Membership

None of these

Objectives should be measurable and __________.

Specific

Achievable

Realistic

Timed

All of the above

One fundamental difference between a process chart and a process map is that __________.

The process chart adds a time dimension to the horizontal axis, while a flowchart is not time-oriented.

The process chart includes the supply chain, while the flowchart stays within an organization.

The process chart is more like a table, while the flowchart is more like a schematic diagram.

The process chart focuses on the customer and on the provider's interaction with the customer, while the flowchart does not deal directly with the customer.

None of these is true, because a process chart and a flowchart are the same thing.

Outsourcing followed by __________ is not simple.

Integration

Unionization

Backsourcing

Computerization

Just-in-time

Providing value to a _____ is the primary goal of any organization.

Stakeholder

Product

Competitor

Service

Retailers use ___________ as a way to make it easy for customers to navigate in the store?

Location

Atmospherics

Retail positioning

Merchandise mix

Store layout

Return on stockholders' equity is equal to____times times____ .

Net profit margin; fixed asset turnover; equity multiplier

Gross profit margin; total asset turnover; equity multiplier

Net profit margin; total asset turnover; equity multiplier

Net profit margin; total asset turnover; debt-to-equity ratio

Risk and return are ____ related.

Oppositely

Slightly

Directly

Inversely

None of the above

Technical skills may include the ability to ________.

To operate a printing press

To recruit new employees

To create and communicate goals

To monitor the performance of employees

To delegate work to others

The _______ describes the series of stages through which a product passes over time.

Product life cycle

Product benefits

Product visions

Product qualities

The appropriate position for the signature block is ____.

Aligned with the complimentary closing

One-half inch to the left of the body

One-half inch to the right of the body

Flush with the identification line

The bargaining power of a customer is weak if ________.

The availability of a rival product is limited

The cost of switching to a substitute is low

Competitors offer products with same benefits at lower prices

New entrants are offering a product that uses more recent technology

The characteristics of a product that a marketer offers are known as _____.

​product benefits

​product qualities

​product visions

​product features

The economy is a part of the _____ that influences all organizations.

Specific environment

General environment

Niche environment

Internal environment

The key to persuading customers to buy your products is delivering _____.

Value

The goods

Customer satisfaction

On time

The least preferred co-worker (lpc) questionnaire is used to measure whether ________.

The followers are able and willing

A leader is task- or relationship-oriented

The members are in the ingroup or out-group

Employees prefer servant leadership over situational leadership

The leader is high on the dimension of conscientiousness

The main difference between perfect competition and imperfect competition involves _____.

Types of consumers

The structure of the company

Control over price

The major advantage of borrowing money from friends or family to start a business is ________.

They will not usually expect a high rate of return on their investment

They will usually expect a high rate of return on their investment

They will usually expect a low rate of return on their investment

None of the above

The most popular printers for business use are ____ printers

Dot-matrix

Inkjet

Laser

Thermal drum

The most significant difference between a partnership and a sole proprietor is the ________.

Number of people contributing resources

Number of people using resources

Number of people who are using and contributing resources

None of the above

The motivation-hygiene theory is concerned with ________.

Self-esteem needs

Job satisfaction

Positive reinforcement

Affiliation needs