SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
Business Fundamentals
Start Test
Study First
Subject
:
business-skills
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Portion of a brand that cannot be expressed verbally
brand mark
news release
Market economy
Corporate Strategy
2. Goal set for the very near future
close the books
Short-Term Goal
relationship marketing
Tall Organizational Structure
3. Location
geographics
statement of cash flows
Quid Pro Quo Harassment
debt ratios
4. Top manager who is responsible for the overall performance of a corporation
long-term liabilities
Workplace Diversity
horizontal analysis
Chief Executive Officer (CEO)
5. The principal that exchange rates are set so that the prices of similar products in different countries are about the same
widgets
activity ratios
Service Operations (Service Production)
Purchasing Power Party
6. The way you live as measure by the kinds and quality of goods and services you can afford
market share
schematic of marketing process
Standard of Living
sales promotion approach
7. The process of comparing an organization's products or services and processes with those of another companies
persuasive advertising
Reward Influence
benchmarking
Restructuring
8. Advertising intended to remind existing customers of a product's availability and benefits
reminder advertising
word of mouth
Certificate of Incorporation
working capital
9. Ratios that measure the effectiveness of the firm's use of its resources
primary factors of market segmentation
activity ratios
Sarbanes-Oxley Act of 2002 (Sarbox)
time utility
10. Introducing a new product at a low price in hopes of building sales volume quickly
current ratio
penetration pricing
Top Manager
Variance
11. This level of management includes department heads and district sales managers.
middle management
customer loyalty
Venture Capital Company
Policy
12. Form of sexual harassment in which sexual favors are requested in return for job-related benefits
Quality Control
gross profit
Unlimited Liability
Quid Pro Quo Harassment
13. Type of partnership consisting of limited partners and a general (or active) partner
Retailer
sales promotion
Limited Partnership
brand names
14. The amount of money charged for a product or service
price
accounts payable
time utility
product mix
15. Measures income earned on owners' investment - formula: Net income/total owners' equity
return on equity ratio
common pricing strategies
psychographics
World Trade Organization (WTO)
16. Building a specific and unique product to meet the needs of one consumer
Custom Manufacturing
Quality
General Partnership
place utility
17. Online ads that are linked to search engine results or website content
balance sheet
search advertising
Strategy
growth through direction state
18. A phase marked by a prolonged period of high unemployment - weak sales of goods and services - and business failure
Depression
Insider Trading
widgets
Decision Making
19. Classification of customers on the basis of their psychological makeup - interests - and lifestyles
owner's equity equation
communication mix
psychographics
Tactical Management
20. Hybrid of a closely held corporation and a partnership - organized and operated like a corporation but treated as a partnership for tax purposes
database marketing
Leadership
S Corporation
Patent
21. The way a manager teats and directs employees
Chief Executive Officer (CEO)
5 C's
organizational market
Leadership Style
22. Formal agreement to set prices. Sometimes illegal - but is typically secretive
Collusion
Leading
growth through direction state
Business Cycle
23. Efforts a company makes to satisfy its customers to help them realize the greatest possible value from the products they are purchasing
Quality
direct marketing
customer service
place utility
24. The processes and behaviors used by someone - such as a manager - to motivate - inspire - and influence the behaviors of others
form utility
Span of Control
Leadership
Joint Venture
25. Process of scanning the business environment for threats and opportunities
Recession
Environmental Analysis
Organization Chart
Philosophy
26. Customer value created when someone takes ownership of a product
place utility
possession utility
Quality Control
depreciation
27. The degree to which customers continue to purchase a specific brand
working capital
schematic of marketing process
Franchise
brand loyalty
28. Communications channels - such as newspapers - radio - and television
coupons
Standard of living
Strategy
media
29. Portion of a company's assets that belongs to the owners after obligations to all creditors have been met
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
30. Court-granted permission for a company to not pay some or all debts
Matrix Structures
Bankruptcy
responsibility
family branding
31. Form of nonstore retailing in which the telephone is used to sell directly to consumers
Benefits
psychographics
Telemarketing
database marketing
32. Media: discounts - coupons - rebates; audience: targeted; intensity: passive; purpose: persuade
variable costs
geodemographics
sales promotion approach
Limited Partnership
33. Good or service used as the basis of commerce
long-term liabilities
marketing
Monopoly
product
34. Advertising that seeks to create goodwill and to build a desired image for a company rather than to sell specific products
persuasive advertising
relationship marketing
Mission Statement
institutional advertising
35. A ____ is an agreement between two parties to carry out a transaction - such as the sale of goods from a seller to buyer.
trade promotions
contract
Outsourcing
Human Resource Management (HRM)
36. Ratios that measure a firm's reliance on debt financing of its operations
debt ratios
Delegation
Management
pull strategy
37. A period where demand begins to decrease - businesses lower production of goods and services - unemployment begins to rise - and GDP growth slows for two or more quarters
Recession
liabilities
Perfect competition
behavioral segmentation
38. Group of individuals working together to achieve shared job-related goals - such as higher pay - shorter working hours - more job security - greater benefits - or better working conditions
Manufacturer
financial management
Labor Union
stages in the life cycle of a product
39. Hybrid of a publicly held corporation and a partnership in which owners are taxed as partners but enjoy the benefits of limited liability
Limited Liability Corporation (LLC)
theory y
Acquisition
risks of product-line extensions
40. Process of dealing with employees who are represented by a union
Labor Relations
introductory stage
Limited Liability
job rotation
41. profitability - liquidity - activities - and leverage/debt
psychographics
Substitute Product
types of financial ratios
Standard of Living
42. Unwelcome sexual advances in the workplace
Sarbanes-Oxley Act of 2002 (Sarbox)
assets equation
cognitive dissonance
Sexual Harassment
43. Promotional campaigns that send information only to those people who've specifically asked to receive it
Stockholder (or Shareholder)
selling expenses
permission marketing
Pure Competition
44. Strategy in which two or more organizations collaborate on a project for mutual gain
ways to expand a product line
Tactical Management
opportunity cost
Strategic Alliance
45. Using relative information to predict how many jobs will be needed
forecasting
test marketing
auction pricing
Divestiture
46. Business owned and usually operated by one person who is responsible for all its debts
Certificate of Incorporation
financial management
Sole Proprietership
financial control
47. An increase in liabilities
debit
direct mail
customer service
auction
48. Process for evaluating proposed investments in select projects that provide the best long-term financial return
Recession
trademarks
capital budgeting
media
49. ____ help focus attention on what is important and are broader statements than objectives. More quantitative the ____ - the more likely its achievement is to receive attention and less likely it is to be distorted. The end or outcome to be accomplis
Goals
Unethical Behavior
auction
utility
50. Worker - consumer - citizen Consumers vote in favor of goods and services; Worker productivity is important for a nations advancement; Citizens join with other citizens in making some economical decision for the good of the community
Officers
3 Economic Role
Leadership
Decentralized Organization
Sorry!:) No result found.
Can you answer 50 questions in 15 minutes?
Let me suggest you:
Browse all subjects
Browse all tests
Most popular tests
Major Subjects
Tests & Exams
AP
CLEP
DSST
GRE
SAT
GMAT
Certifications
CISSP go to https://www.isc2.org/
PMP
ITIL
RHCE
MCTS
More...
IT Skills
Android Programming
Data Modeling
Objective C Programming
Basic Python Programming
Adobe Illustrator
More...
Business Skills
Advertising Techniques
Business Accounting Basics
Business Strategy
Human Resource Management
Marketing Basics
More...
Soft Skills
Body Language
People Skills
Public Speaking
Persuasion
Job Hunting And Resumes
More...
Vocabulary
GRE Vocab
SAT Vocab
TOEFL Essential Vocab
Basic English Words For All
Global Words You Should Know
Business English
More...
Languages
AP German Vocab
AP Latin Vocab
SAT Subject Test: French
Italian Survival
Norwegian Survival
More...
Engineering
Audio Engineering
Computer Science Engineering
Aerospace Engineering
Chemical Engineering
Structural Engineering
More...
Health Sciences
Basic Nursing Skills
Health Science Language Fundamentals
Veterinary Technology Medical Language
Cardiology
Clinical Surgery
More...
English
Grammar Fundamentals
Literary And Rhetorical Vocab
Elements Of Style Vocab
Introduction To English Major
Complete Advanced Sentences
Literature
Homonyms
More...
Math
Algebra Formulas
Basic Arithmetic: Measurements
Metric Conversions
Geometric Properties
Important Math Facts
Number Sense Vocab
Business Math
More...
Other Major Subjects
Science
Economics
History
Law
Performing-arts
Cooking
Logic & Reasoning
Trivia
Browse all subjects
Browse all tests
Most popular tests