Business Information Quiz # 2

The process of grouping jobs into logical units within the organization is known as _______.

Delegation of authority

Job specialization

Decentralization

The chain of command

Departmentalization

__________ are responsible for directly achieving organizational goals.

Organizational specialists

Line personnel

Chain of command managers

Staff personnel

Alcohol-related collisions cost the american public about 114___________ dollars per year.

Thousand

Million

Billion

Drillion

_____ is an example of transaction-processing system.

Fair Use Doctrine

Tax records

Resource allocation

Automated payroll

The business architecture describes __________.

Significantly speed up integration and consolidation of data

The hardware and software infrastructure that supports applications and their interactions.

The organization's strategic direction.

The processes the business uses to meet its goals

An important feature of emergency operation plans is that they ________________________________.

Provide a uniform response to all hazards that a community may face.

Are specifically tailored to recovery and contingency plans.

Are available electronically and may be updated throughout the incident.

May be used in place of the National Incident Management System

Cohabitation is _____ and marriage rates are _____ with adults.

Decreasing; decreasing

Decreasing; increasing

Increasing; decreasing

Increasing; increasing

A disadvantage of a franchise is that the franchise owner must _____.

Compete with other franchises

Send all profits after salaries and taxes to the other parent company

Guarantee product quality

Sacrifice some freedom in return for the parent company’s guidance

____________ is an example of a retailer whose merchandise mix is both wide and deep?

A farmers' market

City Lights Bookstore

Sunglass Hut

Costco

Amazon

_____ reprocess a good or service they buy before selling it again to the next buyer.

Retail firms

Industrial firms

Government agencies

Resellers

A client-server relationship is the basic form of a _____.

Customized software package

Work for hire contract

Computer network

Service support contract

The best way to convince employers of your skills and abilities is to _____.

Provide a written list, such as in your resume

Offer proof by example in answering interview questions

Have the employer contact your references

None of the above

________ is a traditional function of the mis department.

Managing system integration including the internet, intranets, and extranets

Creating business alliances with business partners

Educating the MIS staff about the business

Managing systems development

A company logo would be an example of a ________.

Copyright.

Patent.

Trademark.

Trade secret

____ are particularly useful for individuals who need to scan barcodes while on the go.

Portable barcode readers

Quick Response barcode readers

Two-dimensional (2D) barcodes

Fixed barcode readers

When the price level decreases, _____.

The demand for money falls and the interest rate falls

Holders of financial assets with fixed money values decrease their spending

Holders of financial assets with fixed money values have less purchasing power

There is a decrease in consumer spending that is sensitive to changes in interest rates

_____ involves determining a structure for both individual jobs and the overall organization.

Controlling

Leading

Organizing

Planning

_____ means directing and motivating individuals to achieve organizational goals.

Leading

Equity theory

Theory Y

Theory X

_____ offer(s) consumers incentives to accept advertising and e-mail voluntarily.

Viral marketing

Personalized marketing

Permission marketing

Paper catalogs

Direct mail

_____ refer to the pay that employees receive over a fixed period, most often weekly or monthly.

Orientation

Separation

Job analysis

Salaries

______ is at the center of the diversity wheel.

Philosophy.

Personality.

Psychometrics.

Philanthropy.

Psychology

________ are informal standards of conduct that members share and that guide member behavior.

Norms

Expectations

Dynamics

Responsibilities

Robert’s Rules of Order

_________ is an important part of the total product offer for a product.

Consumer income

Management style

Employee personality

Packaging

___________ are good places to look to find your current expenses when building your budget.

Banks and credit unions

Grocery stores and concerts

Banks and credit statements

Online research websites

______________ is the amount an employee earns before payroll withholding is performed.

Net pay

Gross pay

Taxable interest

An estate

_______________ is the process of selling goods and services to individuals for their personal use?

Retailing

Distribution

Wholesaling

Marketing

Supply Chaining

________________ is the money a company generates through the sale of products and services.

Revenue

Distribution

Profit

Social

Business writing should be purposeful, economical, and _____________________.

Decoding

Promote goodwill

Audience Oriented

None of these

A _____ can represent a digit, a letter, or a color.

Byte

Decimal

Scheme

Sample

A _____ is a document that thanks an interviewer and restates an applicant's interest in the job.

Cover letter

Acceptance letter

Thank-you letter

Rejection letter