MAN 1107 PRETEST 1-50

MAN 1107 PRETEST 1-50

11th Grade

50 Qs

quiz-placeholder

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MAN 1107 PRETEST 1-50

MAN 1107 PRETEST 1-50

Assessment

Quiz

Business

11th Grade

Medium

Created by

Pamala Smith

Used 1+ times

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50 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business is any activity that provides products or services to consumers for the purpose of increasing __________ for the owners.

revenues
profits
wealth
cash flow

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the text, which of the following is a valid list of functional areas of a business?

Management, Operations, Marketing, Accounting, Finance, Information Technology, Human Resources
Management, Operations, Sales, Accounting, Finance, Information Technology, Human Resources
Maintenance, Operations, Marketing, Accounting, Finance, Information Technology, Human Resources
Management, Operations, Marketing, Accounting, Investments, Information Technology, Human Resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Operations __________ the transformation of resources into quality goods or services.

builds and maintains
produces and designs
manages and produces
designs and oversees

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the four P’s of Marketing?

Product, Price, Place, People
Product, Price, Place, Promotion
Product, People, Place, Promotion
Product, Price, People, Promotion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which position in a business manages cash and cash equivalents?

Controller
Cost Accountant
Treasurer
Financial Accountant

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not an external force that influences business activities?

Government
Cash Flow
Technology
Economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A simple supply curve shows that an increase in the price of a good will cause the quantity supplied to:

fluctuate randomly around its equilibrium value.
decrease.
remain constant.
increase.

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