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Assessment

Flashcard

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9th Grade

Hard

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100 questions

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1.

FLASHCARD QUESTION

Front

A business that fails to protect its employees from unnecessary risk or health hazards on the job may be sued for

Back

negligence.

2.

FLASHCARD QUESTION

Front

What requirement of a legally enforceable contract requires that both of the parties who are entering into the contract are sane, sober, and of legal age?

Back

Capacity

3.

FLASHCARD QUESTION

Front

The owner receives all of the profits of the business and can act quickly in making business decisions when the form of business ownership is a

Back

sole proprietorship.

4.

FLASHCARD QUESTION

Front

Which of the following is the type of tax that businesses are required to collect from customers when they purchase certain goods or services: Estate, Income, Sales, Corporate?

Back

Sales

5.

FLASHCARD QUESTION

Front

Which of the following is a condition that must exist for channels to be effective: Channel members must not share tasks. They must have at least five members. Channel members must have varying goals. They must be properly managed.

Back

They must be properly managed.

6.

FLASHCARD QUESTION

Front

Which of the following is a marketing function that can be performed by channel intermediaries: Promoting products, Monitoring union activities, Training employees, Recruiting workers?

Back

Promoting products

7.

FLASHCARD QUESTION

Front

A manufacturer of dishwashing soap has just invented a new type of soap that cleans better. The manufacturer should choose to distribute the soap through _________ distribution.

Back

intensive

8.

FLASHCARD QUESTION

Front

What type of information does a well-written proposal include?

Back

Specific benefits

9.

FLASHCARD QUESTION

Front

What sets Patricia's auto repair shop apart from others in town?

Back

The great customer service that people can expect from Patricia's business is considered her brand promise.

10.

FLASHCARD QUESTION

Front

Financial loss from investing time and money to comply with accounting standards is an example of which strategic risk: A. Changing customer needs, B. Reputation damage, C. Regulatory and political issues, D. Obsolescence

Back

Regulatory and political issues

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