
POB 5.02/5.03 Review
Authored by Michelle Palmer
Professional Development
9th - 12th Grade
Used 47+ times

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31 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If a business is not concerned about social responsibility, it is likely to:
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The owner of a small company decides to stock a new product. Which business activity should the owner use to inform potential customers about the new product?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A U.S. company would decide to offer its products in other countries as a reason to:
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A small-business owner whose business is a sole proprietorship is planning to “go global.” What method for going global would be best to recommend to the small-business owner?
Start by hiring an export management company.
Start by building facilities in the countries of interest.
Start by merging with a foreign business that can sell your products.
Start by renting facilities in the countries of interest and hiring foreign employees.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which situation would most likely indicate the need to adapt to changes in the business environment?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The two main divisions of the trade industry are:
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which affects the business environment because it provides the most options for consumers?
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