CTE Review-PRECISION

CTE Review-PRECISION

Assessment

Flashcard

Fun

11th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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48 questions

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1.

FLASHCARD QUESTION

Front

A monopoly is characterized by which of the following conditions? few sellers control the good or service, perfect competition, large number of sellers and a variety of substitutes, total control of the supply

Back

total control of the supply

2.

FLASHCARD QUESTION

Front

Which group would use an autocratic leadership style? Options: United Nations, Military, Congress, Jury

Back

Military

3.

FLASHCARD QUESTION

Front

What is the written explanation of a company's reason for existence?

Back

mission statement

4.

FLASHCARD QUESTION

Front

Which government agency oversees workplace safety?

Back

OSHA

5.

FLASHCARD QUESTION

Front

Which term is used when evaluating the level of production at which total revenues from sales equals total expenses incurred?

Back

break even analysis

6.

FLASHCARD QUESTION

Front

Which of the following would be included in a company's code of ethics/conduct? employee pay scale, company financial statements, corporate marketing plan, employee behavior

Back

employee behavior

7.

FLASHCARD QUESTION

Front

What happens when any stockholder of a corporation dies?

Back

the life of the corporation is not affected

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