Fundamentals of Business, Marketing and Finance Final Exam

Fundamentals of Business, Marketing and Finance Final Exam

75 Qs

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Fundamentals of Business, Marketing and Finance Final Exam

Fundamentals of Business, Marketing and Finance Final Exam

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Mary Muckenfuss

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75 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

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

Intermediaries
Service firms
Processors
Producers

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

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

Beauty salon
Salvation Army
ITT Technical Institute
Amazon

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

3. The employment process is carried out by which department?

Marketing
Management
Human Resources
Distribution

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

4. Intrinsic motivation occurs internally and includes enjoyment and accomplishment.

True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

5. Group training gives employees hands-on practice with supervision.

True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

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

Management
Accounting
Distribution
Human Resources

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

7. Which of the following is the goal of the finance department?

Setting prices high enough to make profit but low enough to attract customers
Motivating employees and focusing on cooperation within the business
Producing goods in the most efficient and cost-effective manner
Determining the use of company resources and funds

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