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WorksheetsUnit 8/USFL Quiz
Total questions: 20
Worksheet time: 20mins
What is a company that is capable of controlling an entire industry?
Monopoly
Trade Cartel
A Cartel
A Trust
Collective bargaining is defined under the:
National Labor Relations Act
Occupational Safety and Health Act
Civil Rights Act
Fair Labor Standards Act
Why is it important for companies to evaluate managerial decisions using a SWOT Analysis?
It analyzes strengths, weaknesses, obligations, and threats
It analyzes strong points, weak points, opportunities, and threats
It analyzes strengths, weaknesses, opportunities, and threats
It analyzes strengths, weaknesses, opportunities, and time
Copyright can last for the life of the author plus 70 years.
True
False
If a professional sports player gets injured, ill or gets involved with illegal substances; this is an example of:
Human
Athlete
Natural
Economic
What does the “W” stand for in the SWOT Analysis?
Weaknesses
Wounds
Wanderer
None of the above
As discussed in class, which of the following risks is more important than all others?
Human
Athlete
Natural
Economic
This is when a company lowers their prices significantly to drive competition out and eventually raises their prices.
Price Hacking
Price Gauging
Price Inflating
Price Fixing
This ________________ prevented programs from being recorded and redistributed, however, it was overturned in 2005.
Copyright Rule
American Television Rule
Broadcast Flag Rule
Recording Rule
This is when league owners set the price for new owners to buy a franchise.
Owners fee
Expansion Fee
Franchise Fee
League Fee
The ______________ Act was created to prevent the development of monopolies.
National Labor Relations
Sherman Anti-Trust Act
Clayton
None of these
Customer dishonesty, employee theft, and employee incompetence are all examples of what type of risk?
Human
Athlete
Natural
Economic
Out-of-print books may be copied without concern about the copyright.
True
False
The first steps management should consider determining the feasibility of a new project or expansion project is to determine (HINT: THINK SWOT):
External strengths and threats
External weaknesses and opportunities
Internal opportunities and threats
Internal strengths and weaknesses
____________ impact is the possibility of the initial spending required to support the event, or for attendance at the event.
Direct
Indirect
Maximum
Minimum
Businesses that use resources to develop products and services and provide them to customers.
Balance
Spectators
Producers
Consumers
A ___________ occurs when demand is greater than supply.
Surplus
Shortage
Equilibrium
None of the above
The protection of words, names, symbols, sounds, or colors that distinguishes a good or service.
Trademark
Copyright
Patent
Intellectual Property Rights
A ___________ is a periodic payment to an owner for the use of property, especially patents and copyrighted works.
Royalty
Trademark
Investment
Exchange Fee
What Hall of Fame NFL Quarterback signed the largest USFL contact (43 year/$40 million deal)?
Steve Young
Joe Montana
Dan Marino
Troy Aikman
