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Exploring Business Activities final

Total questions: 38

Worksheet time: 23mins

Name
Class
Date
1.
Paying taxes, purchasing inventory, preparing payroll checks are all part of 
a)
management
b)
accounting
c)
marketing
d)
operations
2.

Hospital CEO, nursing home manager, and medical clinic manager are all classified as which business management career

a)

Health service manager

b)

Administrative service manger

c)

Human resource manger

d)

Public relation manager

3.

Helping to resolve a dispute between two workers in the department is an example of which business management function?

a)

Controlling

b)

Organizing

c)

Leading

d)

Planning

4.

Caitlin is doing a walk-through to be sure that all the employees are on target to complete the company goals.

a)

Leading

b)

Controllng

c)

Planning

d)

Organizing

5.

James is creating a list of monthly job duties for the managers in his section. Which business management function is he performing?

a)

Organizing

b)

Planning

c)

Leading

d)

Controlling

6.
The basic accounting equation is Assets=Liabilities + _______________________.
a)
Income
b)
Owner's Equity
c)
Expenses
d)
Profit
7.
Anything of value that is owned by the company (such as cash, accounts receivables, vehicles, etc.) are reported on the balance sheet and are referred to as _______________.
a)
assets
b)
liabilities
c)
profit
d)
income
8.

Paul owns a small sandwich shop. He has been so successful that he is going to open a second shop. He is trying to decide where the shop should be located. Under which marketing function would his action fall?

a)

product

b)

place

c)

pricing

d)

promotion

9.

When customers rushed to Old Navy to buy jeans for $19.99, the Gap decided to offer customers a similar discount. Under which marketing function does this action fall?

a)

product

b)

price

c)

place

d)

promotion

10.

A cell phone manufacturing company is working to improve its least popular cell phone. Under which marketing function does this action fall?

a)

product

b)

price

c)

place

d)

promotion

11.

Opening new checking accounts for customers, preparing certified checks for customers, and processing college loan applications are classified as which type of activity?

a)

accounting

b)

banking

c)

finance

d)

budgeting

12.

When expenses are greater than income?

a)

expense

b)

net loss

c)

net income

d)

net gain

13.

What are the functions of business management?

a)

planning

b)

troubleshooting

c)

leading

d)

controlling

e)

organizing

14.
How many functions of management do most managers carry out?
a)
Two
b)
Three
c)
Four
d)
One
15.
Which function of management involves creating goals, objectives, and ways to achieve them?
a)
Organizing
b)
Planning
c)
Controlling
d)
Leading
16.
What management function involves monitoring customer satisfaction?
a)
Planning
b)
Leading
c)
Organizing
d)
Controlling
17.

Managing the office administrative support services to help the office run more smoothly is an example of a job duty for which business management career?

a)

Public relations

b)

Human resource manager

c)

Education admin.

d)

Administrative service manager

18.

Things owned by a company (items) _______.

Example: land, automobiles, furniture, paper, office machines, etc.

a)

liabilities

b)

assets

c)

belongings

d)

resources

19.
Money owed by a business (debts, accounts payable, taxes) is the businesses _________.
a)
assets
b)
revenue
c)
profit
d)
liabilities
20.
A report showing the revenue, expenses, and income (or loss) of a business.
a)
income statement
b)
balance sheet
c)
budget report
d)
expense and income report
21.

The amount of money that a company earns is called _____________.

a)

profit

b)

paid expenses

c)

revenue

d)

loss

22.

Writing code for computer software is a function of:

a)

Designing

b)

Programming

c)

Analyzing

d)

Networking

23.

Creating multimedia demonstrations for a company is a function of:

a)

Programming

b)

Designing

c)

Managing

d)

Analyzing

24.

Installing cables that link computers into a LAN is a function of:

a)

Analyzing

b)

Managing

c)

Networking

d)

Troubleshooting

25.

Helping desk technicians and service workers is a function of:

a)

Designing

b)

Managing

c)

Troubleshooting

d)

Networking

26.

Connecting two or more computers together for communication purposes is a function of:

a)

Programming

b)

Networking

c)

Designing

d)

Analyzing

27.

Recording payments made on account, preparing balance sheets, and preparing a quarterly income tax report are classified as which type of activity?

a)

Accounting

b)

Banking

c)

Budgeting

d)

Finance

28.
Which of the following are examples of top-level management job titles:
a)
President, senior vice president, and chief executive officer
b)
Floor supervisor, area supervisor, and section manager
c)
Collections supervisor, crew chief, and production supervisor
d)
District manager, department head, and regional sales manager
29.

Management responsible for maintain close contact with employees involved in operations.

a)

Top Management

b)

Middle Management

c)

First Level Management

d)

None of the above

30.

Mike is working answering phones for the help desk of Microsoft Corporation. This is an example of which IT activity?

a)

networking

b)

troubleshooting

c)

analyzing

d)

managing

31.

True or False?

Marketing involves encouraging people to buy a product or service.

a)

True

b)

False

32.
Taylor Swift recommends this mouthwash. This is an example of...
a)
Glittering Generalities 
b)
Bandwagon
c)
Testimonials
d)
Celebrity 
33.

Product

a)

The cost to the buyer of goods or services

b)

Informing customers about products and persuading them to buy them

c)

Where goods or services are available

d)

Goods or services that are sold

34.

Promotion

a)

The cost to the buyer of goods or services

b)

Where goods or services are available

c)

Informing customers about products and persuading them to buy them

d)

Goods or services that are sold

35.

Place

a)

Informing customers about products and persuading them to buy them

b)

The cost to the buyer of goods or services

c)

Goods or services that are sold

d)

Where goods or services are available

36.

Price

a)

Informing customers about products and persuading them to buy them

b)

The cost to the buyer of goods or services

c)

Where goods or services are available

d)

Goods or services that are sold

37.

Makes the claim that EVERYONE is using this product, and you should, too.

a)

Celebrities

b)

Fear

c)

Bandwagon

d)

Heartstrings

38.

Using fear, family values, cuteness, love, nationalism etc. to create an emotional connection to the product.

a)

"Be like me"

b)

bandwagon

c)

celebrity testimonial

d)

heartstrings

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