Business Management Final Exam Review - Part 1

Business Management Final Exam Review - Part 1

11th - 12th Grade

39 Qs

quiz-placeholder

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Business Management Final Exam Review - Part 1

Business Management Final Exam Review - Part 1

Assessment

Quiz

Business

11th - 12th Grade

Practice Problem

Medium

Created by

Jennifer Inman

Used 102+ times

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39 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The demand for a product refers to the number of similar products that will be offered for sale at a particular time and at a particular price.

true
false

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

With mass production, the cost of goods manufactured increases for each product made.

true
false

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

More managers are usually needed when workers are empowered.

true
false

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The success of a business depends greatly on managerial effectiveness.

true
false

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A code of ethics usually includes such issues as bribing government officials and using company property for personal use.

true
false

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business advances its own interests when it becomes involved socially.

true
false

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The primary incentive for a business to produce goods or services in the U.S. is profit.

true
false

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