TSA: Business Management (3 of 7)

What is the primary goal of an expansionary policy?

• To reduce government debt

• To slow down inflation

• To encourage economic growth

• To increase interest rates

What are expenses in a business context?

• Profits gained from selling goods

• Costs incurred in operating the business

• Investments made for future gains

• Employee bonuses

What does the term "expression" refer to?

• A legal contract

• A type of business plan

• A look on someone’s face showing emotion

• A mathematical formula

Who is considered an external candidate?

• Someone applying for a position within their department

• An individual seeking a promotion

• An applicant from outside the organization

• A retired former employee

What are external markets?

• Markets within an internal department

• Overseas markets only

• Markets outside of the company

• Markets created through customer loyalty

Which of the following are considered factors of production?

• Products, Services, Profit, Loss

• Land, Labor, Production, Entrepreneurship

• Time, Energy, Investment, Inventory

• Cost, Revenue, Budget, Capital

What is a fax?

• A marketing tool used in digital advertising

• A document sent over a telephone line

• A form of social media communication

• A business newsletter

What does the FDIC provide?

• Business loans

• Government jobs

• Insurance protection for deposits

• Credit score tracking

What is feedback in communication?

• A suggestion box

• A written report

• A receiver’s response to a sender’s message

• A marketing technique

What does FICO refer to?

• A food company

• A financial institution

• A company that provides credit scores

• A tax filing agency