01 Oct According to the Equal Employment Opportunity Commission (EEOC), which of the following is true of sexual harassment?
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Module 1 Quiz
Question 1According to the Equal Employment Opportunity Commission (EEOC), which of the following is true of sexual harassment?
Question 2In the context of adopting a written policy against sexual harassment, taking “reasonable care” also means:
Question 3John has been recruited as a fire fighter for his city’s fire department. He notices that the fire department does not provide the firemen with adequate equipment for protection against hazardous substances. Given this information, which of the following acts is being violated by the fire department?
Question 4In the context of employment legislation, the Fair Labor Standards Act of 1938 required employers to verify employment eligibility for all new hires.
Question 5In the context of affirmative action, opponents have raised concerns that giving preferential treatment to minority groups amounts to:
Question 6Which of the following is a disadvantage of franchising?
Question 7Which of the following is an advantage of sole proprietorship?
Question 8Wayne has a great idea for a new business which he believes will help him make a lot of money. He is eager to get started, so he wants to form his business with a minimum of hassle, expense, and red tape. He also wants to be his own boss and have complete control over the company. Wayne’s goals suggest that he would seriously consider operating his business as a sole proprietorship.
Question 9A corporation is a form of business ownership in which:
Question 10Which of the following is an advantage of a C corporation?
Question 11One advantage of a centralized organization is that it:
Question 12_________ includes managers who directly supervise nonmanagement employees.
Question 13?In the context of goal setting in an organization, the most effective strategic goals are:
Question 14_________ refers to highlevel, long-term planning that establishes a vision for a company, defines long-term objectives and priorities, determines broad action steps, and allocates resources.
Question 15During his tenure as the manager of a large toy store, Barry developed strong technical skills. He will soon be promoted to the position of regional manager for several branches of the toy store. Barry’s boss informs him that in this new role, he will need to communicate, coach, and motivate other managers. In this case, which of the following management skills is his boss describing?
Question 16The Sarbanes-Oxley Act was created to set higher ethical standards for public corporations and accounting firms.
Question 17The core goal of successful firms is to:
Question 18?Identify a true statement about business communication.
Question 19Which of the following is the purpose of a written code of ethics??
Question 20The _________ is federal legislation passed in 2002 that sets higher ethical standards for public corporations and accounting firms.
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Module 2 Quiz
Question 1Cloud computing is most likely to:
Question 2A(n) _____ gives managers access to large amounts of data and the processing power to convert the data into high-quality information quickly and efficiently.
Question 3A(n) _____ is similar to a virus, except that it is an independent program that can be spread across computer networks without being attached to other files.
Question 4Intellectual property refers to products that result from creative effort, such as books, musical works, inventions, and computer software.
Question 5The two broad categories of software are:?
Question 6____ refers to the physical components used to collect, input, store, and process data, and to display and distribute information.
Question 7?_____ is often referred to as the world’s largest computer network.
Question 8_____ are best described as specialized Internet sites, which provide a platform to interact for businesses, specifically those involved in business-to-business (B2B) transactions.
Question 9_____ is a scam in which official-looking emails are sent to individuals in an attempt to get them to divulge private information such as passwords, usernames, and account numbers.
Question 10Word processing, spreadsheet, and personal information management software are examples of vertical applications software.
Question 11_________ is an international trade that involves the barter of products for products rather than for currency.
Question 12?Identify a true statement about exporting.
Question 13Vieorien, a Swedish company, has allowed Loineker, an American company, the rights to produce Vieorien’s products and use the Vieorien trademark. However, Vieorien does not have the authority or the rights to dictate the business operations of Loineker. In this scenario, Loineker is the _____.
Question 14Although a trade deficit signals the wealth of an economy that can afford to buy huge amounts of foreign products, a large deficit can be destabilizing.
Question 15Which of the following is a disadvantage of foreign outsourcing?
Question 16Compared to the U.S., China and India have:
Question 17In the context of barriers to international trade, which of the following is an example of energy infrastructure in a country?
Question 18Critics of the North American Free Trade Agreement (NAFTA) believe Mexico and Canada have contributed to the United States’ trade deficit because:
Question 19Despite their huge populations, China and India represent a much smaller opportunity in terms of size and economic growth.
Question 20In the context of international trade, countries with the highest trade barriers often have the least competition.
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Module 3 Quiz
Question 1A firm’s operating budget represents a firm’s overall plan of action for a specified time period.
Question 2John and Elizabeth are evaluating three telecommunication companies to determine the best company to invest in. Horizontal analysis will enable them to make comparisons of financial statements of the three companies over the past several years and help determine the increase in their profits.
Question 3To make a forecast of the finances, Susan needs the debt, cost, and profit statistics of all branches of the PTree Corporation. Based on the information that she needs, Susan is a _________.
Question 4?The heavy reliance on accounting information by business stakeholders has led to it sometimes being called the:
Question 5Accounting systems are utilized by companies for several reasons, but they have little value when it comes to making economic decisions.
Question 6Liabilities do not include bank loans and current payments owed to suppliers.
Question 7Matt is asked by Clint Publishers to carry out an external audit of its books. He is also asked to prepare the tax returns for another client, Mrs. Zhirkov. Matt is a _____.
Question 8Alexis decides to check with his accountant how much money his company owes to the raw materials supplier. To determine that, Alexis needs to ask his accountant to provide him with the company’s balance sheet.
Question 9Sebastian is an employee of Power Trans Inc. His duties include preparing reports and analyzing company accounting data. He also appraises financial performances, verifies the accuracy and validity of the company’s internal records and accounting procedures. Sebastian’s role is that of a _____.
Question 10Horizontal analysis is the comparison of:
Question 11David owns 15 percent of the shares of common stock currently held in BIGD Analytics Co. At the most recent meeting, the board of directors authorized the sale of 250,000 new shares of stock to raise funds. As an existing stockholder, David may have a _________ to buy up to 37,500 shares of the new stock before it is offered to the public.
Question 12Wild Trails Inc., an adventure resort in Texas, has 500 shares of outstanding common stock and has not issued any preferred stock. Net income is $27,500. Wild Trails Inc.’s earnings per share is _____.
Question 13Jessie, the regional manager of a large electronics firm, is trying to determine whether a new warehouse is a good investment. After discussing with her firm’s financial managers, she concludes that the project carries a negative NPV (Net Present Value). What should Jessie do and why?
Question 14A _________ is the most common depository institution.
Question 15Which of the following was the major outcome of the Financial Services Modernization Act of 1999?
Question 16In order to access stock information for a particular corporation on a financial website, an individual normally types in the corporation’s _____.
Question 17The Chief Financial Officer of Orange Motors Inc. recently mentioned in an interview that a dollar received today is worth more than a dollar received in the future because the sooner you receive a sum of money, the quicker you can put that money to work. The Chief Financial Officer was speaking about the _________.
Question 18Which of the following is a characteristic of debt financing?
Question 19Which of the following is true of a securities broker?
Question 20The main disadvantage of financial leverage is that it:
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Module 4 Quiz
Question 1When the sum of the lowest data value and the highest data value is divided by 2, the measure is called the _________.
Question 2If the mode is to the left of the median and the mean is to the right of the median, then the distribution is _________ skewed.
Question 3The mean cannot be found for grouped data when there is an open class.
Question 4When a distribution is bell-shaped, approximately what percentage of data values will fall within 1 standard deviation of the mean?
Question 5One disadvantage of the median is that it is not unique.
Question 6Identify a true statement about the Fed.
?Question 7Countries that adopted communism in the 1900s—most notably the former Soviet Union, China, Cuba, North Korea, and Vietnam—thrived and prospered more than all the other countries in the world.
Question 8Identify the tool that the Fed most frequently uses to expand and contract the money supply in the economy.
Question 9?Gross Domestic Product (GDP) tends to overstate the amount of output produced by a nation’s economy.
Question 10The sum of all the money borrowed by the government over the years and not yet repaid is the _____.
Question 11_________ is a period of robust economic growth and high employment.
Question 12The discount rate is the interest rate the Fed charges on its loans to commercial banks.
Question 13Which of the following is a function of the Fed?
Question 14The debt ceiling is:
Question 15If spending is lower than revenue, the government incurs a budget deficit and must borrow money to cover the shortfall.
Question 16The group of all subjects under study is called a(n)_________.
Question 17When the sample does not represent the population, it is called a biased sample.
Question 18Probability is used as a basis for inferential statistics.
Question 19The four basic sampling methods are
[1] [2] [3] [4]
Specified Answer for: 1
Specified Answer for: 2
Specified Answer for: 3
Specified Answer for: 4
Answers for: 1
Evaluation Method Answer Case Sensitivity
Exact Match Random
Exact Match Systemic
Exact Match Cluster
Exact Match Stratified
Answers for: 2
Evaluation Method Answer Case Sensitivity
Exact Match Random
Exact Match Systemic
Exact Match Cluster
Exact Match Stratified
Answers for: 3
Evaluation Method Answer Case Sensitivity
Exact Match Random
Exact Match Systemic
Exact Match Cluster
Exact Match Stratified
Answers for: 4
Evaluation Method Answer Case Sensitivity
Exact Match Random
Exact Match Systemic
Exact Match Cluster
Exact Match Stratified
Question 20Three reasons why samples are used in statistics: [1] [2] [3]
Specified Answer for: 1
Specified Answer for: 2
Specified Answer for: 3
Answers for: 1
Evaluation Method Answer Case Sensitivity
Exact Match Saves Time
Exact Match Saves Money
Exact Match Use when population is infinite
Answers for: 2
Evaluation Method Answer Case Sensitivity
Exact Match Saves Time
Exact Match Saves Money
Exact Match Use when population is infinite
Answers for: 3
Evaluation Method Answer Case Sensitivity
Exact Match Saves Time
Exact Match Saves Money
Exact Match Use when population is infinite
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Module 5 Quiz
Question 1Which of the following dimensions of a business environment embodies the values, attitudes, customs, and beliefs shared by groups of people?
Question 2A small-scale consulting firm in Hawaii is struggling financially because it is unable to generate enough capital to run the business. The company then decides to get creative and uses web technology and digital resources to build long-term bonds with its current customers and also to reach new customers. This company is using concepts that primarily originated in the:
Question 3Huge factories replaced skilled artisan workshops during the _____.
Question 4In the U.S., nonprofits employ about one in hundred workers, accounting for less paid workers than the entire construction industry and less than the finance, insurance, and real-estate sectors combined.
Question 5Everyday-low pricing (EDLP) aims to achieve long-term profitability through high sales volume.
Question 6A(n) _________ takes legal possession of the goods to be distributed.
Question 7. _________ are distribution organizations—informally called “middlemen”—that facilitate the movement of products from the producer to the consumer.
Question 8Which of the following statements is true of distributors in a channel of distribution?
Question 9Andrew has spent a lot of time gathering information about his top two clients and has decided to make them participate in his latest product development project. Andrew is trying to establish a _________ with his clients.
Question 10Idea marketing is often combined with _________ marketing to market ideas that are meant to change how people think or act.
Question 11People marketing involves drawing people to a particular place.
Question 12The only standard in the ISO 9000 family that organizations can be certified for is ISO 9001.
Question 13Better quality improves effectiveness since consumers perceive high-quality goods as having greater value than low-quality goods.
Question 14Paul, an employee at a well-established bank, offers free financial advice to account holders. Paul is offering a _____.
Question 15Organizations that want to improve the morale of employees tend to use a high degree of centralization.
Question 16Autocratic leadership tends to be the best option when:
Question 17During his tenure as the manager of a large toy store, Barry developed strong technical skills. He will soon be promoted to the position of regional manager for several branches of the toy store. Barry’s boss informs him that in this new role, he will need to communicate, coach, and motivate other managers. In this case, which of the following management skills is his boss describing?
Question 18In the context of product layers, at the most fundamental level, consumers buy a _________ that satisfies their needs.
Question 19Which of the following is a similarity between sales promotion and consumer promotion?
Question 20Cannibalization occurs when a producer offers a new product that takes sales away from its existing products.
