Business Administration Core (Principles) Exam - 2024

Front

While Sebastian is presenting his status report during a staff meeting, Danielle has a question about something he says. What should Danielle do?

Back

Ask the question after Sebastian has finished speaking

Answer explanation

Danielle should ask her question after Sebastian has finished speaking to ensure that he can complete his presentation without interruptions, allowing for a more organized and respectful discussion.

Front

Which of the following is a disadvantage of investing in bonds:
Options:
They are issued by corporations or governments.
You must pay a penalty for early withdrawal.
They may take a long time to provide a return.
Their returns do not keep up with inflation.

Back

Their returns do not keep up with inflation.

Answer explanation

The correct choice is that bonds' returns may not keep up with inflation, which can erode purchasing power over time. This is a significant disadvantage compared to other investments that may offer better inflation protection.

Front

Which of the following is a potential risk involved with information management: Higher interest rates, Increased use of outsourcing, Privacy and security issues, Increased competition?

Back

Privacy and security issues

Answer explanation

Privacy and security issues are significant risks in information management, as mishandling data can lead to breaches, loss of trust, and legal consequences, making this the most relevant choice among the options.

Front

Why is it often necessary for employees to continue their education after working for several years?

Back

To change careers

Answer explanation

Continuing education is often necessary for employees looking to change careers, as it helps them acquire new skills and knowledge relevant to their desired field, making them more competitive in the job market.

Front

Arnie needs to buy printer toner and copy paper from the company's office-supply vendor. What is the first step that Arnie should take?

Back

Prepare a purchase order

Answer explanation

The first step Arnie should take is to prepare a purchase order. This document formally requests the items needed, ensuring the vendor knows what to supply before any other actions like invoicing or expense reporting.

Front

Constructive criticism is advice that is

Back

useful and intended to improve something.

Answer explanation

Constructive criticism is advice that is useful and intended to improve something. It focuses on providing helpful feedback rather than being irrelevant, offensive, or hurtful.

Front

Which of the following is an example of informal workplace communication: A project manager develops a production schedule to distribute to the project team. Two coworkers share their opinions about a new work project during a coffee break. A human resources manager conducts a training session for new employees. The president of the Cantrell Corporation announces expansion plans in a press release.

Back

Two coworkers share their opinions about a new work project during a coffee break.

Answer explanation

The correct choice is the interaction between two coworkers during a coffee break, which exemplifies informal communication. The other options involve formal processes or announcements.

Front

Having a victim mentality means you believe

Back

you are controlled by the people and situations around you.

Answer explanation

Having a victim mentality means you feel powerless and believe that external factors control your life, which aligns with the idea that you are controlled by the people and situations around you.

Front

Kara has natural artistic talent and thinks that she might want to work as an interior designer. Kara's artistic ability is an example of a(n)

Back

aptitude.

Answer explanation

Kara's artistic ability reflects her natural talent for creativity, which is best described as an aptitude. Aptitude refers to a natural ability to do something, making it the correct choice in this context.

Front

Which of the following is an example of a complimentary close: Enclosure, Yours truly, Dear Occupant, To Whom It May Concern

Back

Yours truly

Answer explanation

'Yours truly' is a complimentary close used to sign off a letter, indicating respect and sincerity. The other options are not closes; 'Enclosure' refers to attachments, while 'Dear Occupant' and 'To Whom It May Concern' are salutations.