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BUNDLE - BUSINESS EXAMS

BUNDLE - BUSINESS EXAMS

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BUSINESS EXAM - REVISION - 10/01/2022 QUESTIONS & ANSWERS

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BUSINESS EXAM - REVISION - 10/01/2022 QUESTIONS & ANSWERS 1) Which of the following would be classified as an internal stakeholder of a private limited company? - ANSWER-directors 2) A business operated by a sole trader has; - ANSWER-one owner 3) A public limited company; - ANSWER-can ...

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Business Exam Questions & Answers 2023/2024

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Business Exam Questions & Answers 2023/2024 what are the four functions of management and which is the first step in managing - ANSWER-planning(first step), organizing, leading and controlling activities that are designed to encourage teamwork and help employees buy into common goals are cal...

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Intro to Business Exam 1 Questions & Answers 2023/2024

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Intro to Business Exam 1 Questions & Answers 2023/2024 What is the primary focus of a profit organization? - ANSWER-To make a profit. What are the four functions of management? - ANSWER-Planning, organizing, controlling, and leading What are the factors of production used to make goods an...

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Business EXAM QUESTIONS & ANSWERS 2023/2024

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Business EXAM QUESTIONS & ANSWERS 2023/2024 WHAT IS MANAGEMENT - ANSWER-THE ART OF GETTING THINGS DONE THROUGH THE EFFORTS OF OTHER PEOPLE. 3 MANAGERIAL ROLES - ANSWER-1. INTERPERSONAL (Figurehead, Leader, Provides information) 2. INFORMATIONAL (Monitor, Spokesperson, Processes information)...

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business exam review questions & answers 2023/2024

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business exam review questions & answers 2023/2024 the term for all the activities involved in developing and exchanging products - ANSWER-business the customer of a service is often called a - ANSWER-client anything that is bought or sold is called a - ANSWER-product customers who pur...

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ETS Business Exam Study Guide Questions & Answers 2023/2024

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ETS Business Exam Study Guide Questions & Answers 2023/2024 Accounting: What costs should be considered when making non-routine decisions? (3) - ANSWER-The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - ANSWER-P...

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Business- Exam 20 Questions & Answers 2023/2024

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Business- Exam 20 Questions & Answers 2023/2024 How do businesses affect communities? - ANSWER-Businesses affect communities by putting money into them. Taxes that businesses pay stay in the community and therefore benefit the little economy. Explain the difference between entrepreneurial re...

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Business exam questions & answers 2023/2024

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Business exam questions & answers 2023/2024 A $20 bill features which of the following on the reverse? - ANSWER-White House Money can be used to intermediate the exchange of goods and service. This describes which of the following basic functions of money? - ANSWER-Medium of exchange Whic...

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General Business Exam Review Questions & Answers 2023/2024

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General Business Exam Review Questions & Answers 2023/2024 Sole Proprietorship - ANSWER-A form of business ownership with a single owner who usually actively manages the company Partnership - ANSWER-A business in which two or more persons combine their assets and skills corporation - ANSW...

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INTRODUCTION TO BUSINESS FINAL EXAM QUESTIONS & ANSWERS 2023/2024

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INTRODUCTION TO BUSINESS FINAL EXAM QUESTIONS & ANSWERS 2023/2024 A partnership with foreign country that can provide immediate market knowledge and access comedies risk and control over product attributes is a - ANSWER-Joint venture A reduction in value of a nations currency relative to the...

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Semester 1 Business exam questions & answers 2023/2024

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Semester 1 Business exam questions & answers 2023/2024

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Business Exam #1 Questions & Answers 2023/2024

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Business Exam #1 Questions & Answers 2023/2024 Free enterprise - ANSWER-the system of business in which individuals are free to decide what to produce, how to produce it, and at what price to sell it Free enterprise example - ANSWER-A can sell everything from televisions, toys, and tools to ...

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INTRO. TO BUSINESS: EXAM #2 QUESTIONS & ANSWERS 2023/2024

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INTRO. TO BUSINESS: EXAM #2 QUESTIONS & ANSWERS 2023/2024 Planning - ANSWER-Process of figuring out the future goals of a business and creating a strategy to achieve them Organizing - ANSWER-Determining a structure for both individual jobs and the overall organization Leading - ANSWER-Dir...

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Intro to Business: Test 1 (Chapters 1, 2, 3, 4.) Questions & Answers 2023/2024

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Intro to Business: Test 1 (Chapters 1, 2, 3, 4.) Questions & Answers 2023/2024 Business - ANSWER-Organization that provides goods or services to earn profits Profits - ANSWER-Difference between a business's revenues and its expenses External Environment - ANSWER-Everything outside and or...

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