
Business Management Quiz 2
Authored by Châu Anh
English
University
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64 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Job skills training would include
time management
sales and customer service
safe working procedures
English as a second language
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a factor used to determine the consumer goods categories?
Whether a product is an industrial or consumer good
Whether the customer is willing to spend time to compare products
The stage of the product life cycle
All of the responses
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The basic accounting equation is
capital = assets + liabilities
assets = capital - liabilities
liabilities = assets + capital
assets = liabilities + capital
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When an American company allows a Japanese company to produce and sell in Japan a product the American company invented, this arrangement is known as
a joint venture
exporting
a strategic alliance
international licensing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The management at Patriot Mills works hard to ensure that no one in its organization has more than one boss and all workers are treated with fairness and respect. Additionally, the firm divides the work into areas of specialization so that everyone knows to whom they should report. The management of Patriot Mills reflects the ideas and principles of:
John M. Keynes.
Peter Drucker.
Karl Marx.
Henri Fayol.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To reduce turnover in his factories, Henry Ford began offering which of the following to his employees?
shares of stock and free lunches.
fewer hours and higher pay
health insurance and pension plans
profit sharing and paid vacations
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A fund to pay an income to workers who lose their jobs through no fault of their own is
unemployment insurance
workers’ compensation
social security
pension funds
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