Chris Business Quiz #1

Which type of business produces processed goods by changing raw goods into a more finished form?

• Processors

• Intermediaries

• Service forms

• Producers

Which of the following is an example of a non profit organization?

• Beauty salon

• Salvation Army

• ITT Tech

The employment process is carried out by which department?

• Matketing

• Human Resources

• Distribution

• Management

Intrinsic motivation occurs internally and includes employment and accomplishment.

• True

• False

Group training gives employees hands on practice with supervision.

• True

• False

A system used to record, summarize, classify, and report the financial position of a business is known as which of the following?

• Accounting

• Human Resources

• Management

• Department

Which of the following os the goal of the finance department?

• Motivating employees and focusing on cooperation within the business.

• Determining the use of company resources and funds.

The focus of the of the maturity stage (stage 3) of the product life cycle is to build customer satisfaction and recognize competitors entering the market.

• True

• False

Psychological needs are those for necessities such as safety, security, and health.

• True

• False

Which of the following is NOT one of the modes of transportation distribution usually uses?

• Cable

• Railroads

• Trucks

• Waterways