Business Essentials Final exam

The Federal Reserve seeks an unemployment rate below ________ percent.

• 6.5

• 3.4

• 2.8

• 5.7

Which of the following are the grants of intellectual property rights to the inventor?

• Copyright

• Trademark

• Patent

• Domain name

Which of the following is NOT a tip provided in the segment for naming a business?

• Making it easy to remember

• Making the name difficult to pronounce

• Making the name short or indicate a short version

• Making the name descriptive of the business

Which of the following are protections provided to authors of original works such as literature?

• Domain name

• Copyright

• Patent

• Trademark

The Equal Employment Opportunity Commission was established in which of the following years?

• 1960

• 1975

• 2000

• 1965

An ethnic group is defined as people sharing common languages, customs, rituals, traditions, religions and cultures.

• True

• False

What are the four layers of Geert Hofstede's "cultural onion"?

• Language, hero, tradition, value

• Symbol, norm, tradition, value

• Language, norm, ritual, value

• Symbol, hero, ritual, value

Which of the following terms assists in handling interpersonal relationships by understanding deeper emotional drives?

• Personality types

• Emotional intelligence

• Learning styles

• Team roles

Which of the following leadership styles demonstrate when the leader rewards work or punishes members for not working?

• Transactional

• Democratic

• Laissez-Faire

• Bureaucratic

Which of the following leadership styles demonstrate a participative style, which allows team members to be included in the decision-making process?

• Transactional

• Democratic

• Laissez-Faire

• Bureaucratic