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EOPA - Biz Law + Multi Unit

Authored by Bilqise Bellamy

Other

10th - 12th Grade

Used 22+ times

EOPA - Biz Law + Multi Unit
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of corporation may be owned by just a few people and does not offer its shares for sale to the

general public?

A. Private

B. General

C. Public

D. Limited

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Providing marketing information is an important channel activity. Businesses rely on marketing

information to determine

A. how intermediaries are performing.

B. their target markets' needs and wants.

C. how much to charge for their products.

D. what to name their products.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can a business do to determine if there are problems with its customer-service levels in relation to

its product-distribution strategies?

A. Conduct a break-even analysis

B. Evaluate its channel members' performance

C. Analyze the product's quality standards

D. Examine the organizational chart

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A farmer with a produce stand in the yard is an example of a __________ distribution channel.

A. producer to retailer to consumer

B. producer to agent to consumer

C. producer to consumer

D. producer to wholesaler to consumer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An advantage of using satellite tracking technology in distribution is that it enables businesses to

A. analyze the contents of packages.

B. know where shipments are at all times.

C. determine the delivery drivers' qualifications.

D. obtain information about competitors.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is another way to describe financial information that is true, complete, and faithfully represented?

A. Timely

B. Understandable

C. Comparable

D. Reliable

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following categories of information are found on a balance sheet:

A. Assets, liabilities, owner's equity

B. Income, expenditures, profit

C. Assets, liabilities, margin

D. Revenues, expenses, profit

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