Principles of Business - FALL FINAL EXAM

Front

How are businesses classified? Options: number of employees, work activities the business performs, age of the company, profit level of the business

Back

work activities the business performs

Front

Which of the following is an example of a producer?
cotton mill, juice factory, mine, landscape company

Back

mine

Front

Which type of business changes raw goods into a more finished form?

Back

processors

Front

Which of the following is an example of a service firm?
cotton mill, juice factory, mine, landscape company

Back

landscape company

Front

Which of the following is an example of a non-profit organization?
The Facemaker (beauty salon), Goodwill Industries, Tropicana, Target

Back

Goodwill Industries

Front

Which of the following is NOT a business department we learned about? Human Resources, Finance, Marketing, External Relations

Back

External Relations

Front

Which of the following is NOT a step of the employment process within the Human Resources department? assess employment needs, recruit potential employees, selection of employee who fulfills goals, negotiate salary & benefits of new hires

Back

negotiate salary & benefits of new hires

Front

True/False: Intrinsic motivation occurs internally and includes enjoyment and accomplishment.

Back

True

Front

True/False: Group training gives employees hands-on practice with supervision.

Back

False

Front

Evaluating employee performance helps companies make decisions with all of the following EXCEPT: transfers, sick leave, layoffs, promotions

Back

sick leave