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BUS 100 Chapter Quiz
1.
In low-income countries, a higher percentage of
entrepreneurs are considered
2.
A(n) _____ is a formal document that describes a
business concept and outlines the core business
objectives while detailing the strategies and timelines
for achieving those objectives.
3.
Small businesses generate about _____ of the
U.S. gross domestic product.
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BUS 100 Quiz 1 (2)
1.
A key advantage of a sole proprietorship is that
_____
2.
A _____ is a voluntary agreement between two
or more people to jointly own a business.
3.
A statutory close (or closed) corporation gives its
shareholders
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BUS 100 Quiz 1 (3)
1.
As competition has become truly global, free
trade has resulted in ____ prices and ____ quality
across virtually every product category.
2.
Human resources include the
3.
Entrepreneurs need economic freedom to thrive.
Those freedoms include
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BUS 100 Quiz 1 Chapter 1
1. Doing business today without harming the ability of
future generations to meet their needs is referred to as
2. The marketing era introduced
3. The five key dimensions of the broader business
environment include
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BUS 100 Quiz 1
1.
Nonprofit organizations are not in the business of
2.
A business’s core goal is to generate long term
profits while delivering _____ to its customers.
3.
As a factor of production, capital would include
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BUS 100 Quiz 2 Chapter 2
1. In most states, the document that owners must file
in order to form a corporation is referred to as the
2. In an acquisition, the firm being purchased is the
_____ and the firm which is purchasing the other firm
is the _____.
3. The party in a franchise relationship that pays for
the right to use resources supplied by another business
entity is known as the
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BUS 100 Quiz 3 (1)
1.
In customer relationship management, firms
selling big-ticket items with small customer bases often
find it advantageous to develop
2.
_____ is the customer’s perception that a
product has a strong, positive relationship between its
cost and benefits.
3.
_____ is the process of continually collecting
information from the external marketing environment.
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BUS 100 Quiz 3 Chapter 3
1. Demand is defined as
2. When tax revenue is higher than government
expenditures, the government incurs a
3. The economy, as a system, represents the
4. _____ refers to actions that shape the economy by
influencing interest rates and the supply of money.
5. In the broadest sense, economics studies the choices
that
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BUS 100 Quiz 4 Chapter 4
1. A business plan should include all of the following
topics EXCEPT
2. _____are small segments within a market that can
offer profit potential to entrepreneurs who know how
to serve them.
3. All of the following are entrepreneurial
characteristics, EXCEPT
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BUS 100 Quiz 5 Chapter 5
1 . Demographic segmentation divides the market by
2. According to the textbook, using scanner data from
retail sales is an example of
3. Creating products tailored for individuals on a mass
basis is referred to as
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BUS 100 Quiz 6 Chapter 9
1. _____ is the first step in the training and
development process, designed to introduce employees
to the company culture.
2. Businesses that offer employees a(n) _____ give
them the option of working a full-time number of
hours in less than the standard workweek
3. The main purpose of Title VII of the Civil Rights Act
of 1964 was to
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BUS 100 Quiz 8 Chapter 11
1. _____ provide reports, information, and analysis to
managers to assist them with making better informed
decisions.
2. _____ is/are what the firm owes its creditors.
3. The process of developing the operating budget
begins with the
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BUS 100 Quiz 9 Chapter 14
There are three basic levels of management
2. A _____ organization creates flexibility as it brings
together specialists from different areas of the
company to work temporarily on individual projects.
3. SWOT is the acronym for:
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BUS 100 quiz 9
1.
_____ refers to the physical components used to
collect, store, organize, and process data and to
distribute information
2.
_____ is a technology that stores information,
such as a unique serial number, on a microchip and
transmits it to a reader that’s within range.
3.
The Business Software Alliance estimated that
the piracy rate in China was about
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BUS 100 Quiz 10 Chapter 15
1. By offering limited access of their intranets to select
groups of people, firms create
2. _____ e-commerce involves businesses buying and
selling supplies, components, machinery, equipment, or
services from other businesses
3. _____ is/are the raw facts and figures businesses
collect
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BUS 100 Quiz 11 Chapter 17
1. _____ is buying products from overseas markets
that are manufactured overseas
2. International trade provides businesses with access
to new customers through
3. When the total value of exports is higher than the
total value of imports, a country experiences a
4. When a country lacks hard currency, it must use
_____ to complete international trade.
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BUS 100 Week 3 Assignment 1
Fundamentals of Effective Communication
in the Workplace
Assignment 1: Fundamentals of Effective
Communication in the Workplace
Due Week 3 and worth 80 points
Effective communication skills are essential in the
workplace. Some businesses invest in training their
employees on how to effectively communicate,
because effective communication skills go beyond
conversations.
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BUS 100 Week 5 Assignment 2 Ethical and
Socially Responsive Business
Assignment 2: Ethical and Socially Responsive Business
Due Week 5 and worth 120 points
Because of the human aspect of ethics and its links to
business success, corporate leaders must be careful
about their behaviors, and how they address problems.
For this assignment, you must select the code of ethical
conduct for one (1) of the following restaurants:
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BUS 100 Week 7 quiz 6
1.
In operations management, _____ refers to
completing a task or producing a product at the lowest
cost.
2.
_____ software enables users to test, analyze,
and optimize designs. These programs allow users to
find and correct design flaws before production.
3.
_____ production emphasizes production of
goods to meet actual current demand, therefore
minimizing the need to hold inventories of finished
goods and work-in-process.
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BUS 100 Week 8 quiz 7
1.
The Financial Accounting Standards Board hopes
to make the U.S. accounting practices
2.
As a _____ you work within an organization,
preparing reports and analyzing financial information
such as budgets and cost management.
3.
_____ accountants provide services such as tax
preparation, external auditing, or management
consulting to clients on a fee basis.
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BUS 100 Week 8 quiz 8
1.
The _____ is a broad stock index that includes
many of the largest and best-known United States
corporations.
2.
The _____ dealt mainly with the regulation of
secondary securities markets and created the _____.
3.
For the past several decades, the _____ and
_____ were the two largest securities exchanges in the
United States.
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BUS 100 Week 9 Quiz 9
1.
A(n) _____ is the network of organizations and
activities needed to obtain materials and other
resources, produce final products, and get these
products to their final users.
2.
_____ is a technology that stores information,
such as a unique serial number, on a microchip and
transmits it to a reader that’s within range.
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BUS 100 Week 10 Assignment 2 Ethical
and Socially Responsive Business
Because of the human aspect of ethics and its links to
business success, corporate leaders must be careful
about their behaviors, and how they address problems.
For this assignment, you must select the code of ethical
conduct for one (1) of the following restaurants:
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BUS 100 Week 11 Quiz 11
1.
If trade restrictions among nations were
eliminated, economists predict
2.
The International Monetary Fund (IMF)
implemented a debt relief program to benefit
3.
The European Union created a common currency
that 12, member states have since adopted. This
common currency is referred to as the
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