Quản trị kinh doanh 1 Quiz

A disadvantage of corporations is that an owner must get the approval of all other owners before selling his or her interest in the firm to another investor.

• False

• True

Xavier, a recent college graduate, is thinking of investing in a home health care business. He believes this will be a profitable venture because of the increasing number of people in the U.S. that will be over 60 in the near future and more likely to need this type of service. This accurately describes a demographic trend that will affect his business choice.

• False

• True

One advantage of a partnership is that there is a simple process for partners to terminate their business.

• True

• False

The major benefit of socialism is that it creates strong incentives to work hard and take the risks associated with starting and operating a business.

• False

• True

Several years ago, Drew's company sent him to Massachusetts Institute of Technology for an intensive program of leadership and business communication training. Although expensive, the firm was committed to investing in the development of key employees for the purpose of retention and promotion. This type of managerial development is known as off-the-job courses and training.

• False

• True

The current ratio is used to evaluate a firm's ability to pay its short-term debts.

• True

• False

Marketing focuses on the pricing and distribution of want-satisfying products, as well as determining the best way to promote the products to consumers.

• True

• False

Customers learn to trust companies that consistently demonstrate good behavior. Those same companies can lose this position with one socially irresponsible activity.

• True

• False

The SWOT analysis focuses only on the internal activities of the firm, while a PERT analysis is used to review the e

The SWOT analysis focuses only on the internal activities of the firm, while a PERT analysis is used to review the external environment in which the firm operates.

• True

• False