IM Unit 6 Common Assessment (2021)

Wireless networks are now more common due to

• information overload

• government regulations requiring them

• increased competition

• increased distribution of the workforce

A risk involved with information management is leaving customers unprotected from

• bad customer service

• identity theft

• high prices

• faulty products

A risk involved with information management is being unprepared for a government

• tax break

• audit

• election

• loan

Which of the following actions is a part of information management:

• Creating technology

• Observing competitors

• Creating data

• Disseminating information

A benefit of informed decisions is that they

• are usually bad decisions

• reduce a business's risk

• cost less money

• hurt a business's chances at competing

Which of the following is a positive effect of government regulation:

• Price controls

• Legal protection

• Unfair competition

• Increase inflation

A restaurant fails to meet government regulations, so it loses its __________ and is no longer allowed to do business.

• license

• price controls

• tariffs

• disposable income

The government can prevent unqualified persons from operating a business by

• helping their competitors

• closing their bank accounts

• raising their taxes

• refusing to grant them a license

Which of the following regulatory agencies would be concerned with price-fixing and unfair competitive practices:

• National Labor Relations Board

• Consumer Product Safety Commission

• Federal Communications Commission

• Federal Trade Commission

The government provides protection to business owners' property through the use of

• Zoning laws

• Minimum-wage laws

• Safety standards

• Consumer-protection laws