Business Management Final Exam Review - Part 2

Business Management Final Exam Review - Part 2

11th - 12th Grade

36 Qs

quiz-placeholder

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Business Management Final Exam Review - Part 2

Business Management Final Exam Review - Part 2

Assessment

Quiz

Business

11th - 12th Grade

Practice Problem

Medium

Created by

Jennifer Inman

Used 59+ times

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36 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 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
the number of similar products that will be bought at a given time at a given price
the price at which a product will sell most readily
the most competitive price for a product

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The quantity of products produced within a given time is known as

specialization
productivity
output
effectiveness

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In the United States, starting a small business

is subject to many government controls
is fairly easy
requires a physical facility
entails a large initial investment

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following statements is usually true about work teams?

As quality of work increases, morale decreases.
As quality of work decreases, morale increases.
As quality of work increases, morale also increases.
As quality of work decreases, morale also decreases.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following statements about the treatment of employees is not true?

Employees want more variety in their work.
Employees want to participate in decisions affecting their work lives.
Employees want to participate in wellness programs.
Employees want less on-the-job responsibility.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An example of ethical behavior is

using company resources for personal use
accepting secret business gifts
keeping company information confidential
invading employee privacy

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which statement is most accurate about demand?

If demand drops, profits drop.
If demand increases, profits drop.
If demand drops, profits increase.
If demand drops, profits are not affected.

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