Test your basic knowledge |

Management 101: Business History

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. Most women were stalled at middle management levels.






2. Dept. of Justice and Federal Trade Commission. Companies could seek approval from federal gov't.






3. Companies would act responsibility toward the American public on matters as truth in advertising. Hiring of woman.






4. Unemployment rose to 25%; 110 - 000 business failed; Bank Holidays






5. Panic of 1907 - 5 members - foreign transactions went through NY.






6. Purchases right to do business and usually pays a franchise fee plus royalty fee based on sales.






7. Sought to break up the control of big business to create more opportunities.






8. Oil refining business. He was the first billionaire.






9. Transportation. Airline Act. Rail Act. Motor Carrier Act.






10. Alliance among public agencies - private firms and trade associations to handle international competitions.






11. President;FDIC;Closed all banks on first day in office;only president to serve four terms.






12. Congress established a national banking system.






13. Setting of the firms strategy according to realistic observations of available customers and then organizing the firm to coordinate production - distribution - sales and service according to these observations.






14. Ultimate authority of nations economic well being shifted from private arena - to public arena.






15. Most favored nation. Trade barriers raised.






16. Gov't involved in economy. Employment - interest money. Interest rates. Deficit spending.






17. GM - Ford - and Chrysler dominated the market. GM=50% share






18. Increase consumer durables; increase service industries; trade - finance - transportation - and gov't






19. Burden of proof to raise rates was now the responsibility of the railroads.






20. Dominated the retail industry by mail order only selling.






21. Developed the assembly line. Anti Union. Model T.






22. A position of balance between investors - employees - consumers - competitors - and all others who may be interested in attitudes of management.






23. Partnership between business and government. Solve problems through scientific investigation. Society of Harmony






24. Urged the gov't to control the money supply in order to control inflation.






25. Paper currency issued by the government to finance to civil war.






26. Oil supplies withheld; large - non fuel efficient car; More japanese cars sold; Ford - Chevy - Chrysler






27. Income people could do with as the pleased.






28. Influenced by Army. Staff officers-strategic decisions - Line officers-carried out orders in field.






29. A few firms dominate an industry. Price competition decreased.






30. Programs intended to stabilize the economy while maintaining individual autonomy.






31. Employers can hire whoever they want. Both union and non union.






32. Items purchased by consumers for use over more than a year or two.






33. Sears.






34. Free trade between US - Canada - Mexico






35. Use borrowed money to buy company. Sometimes used to take 'stock private'






36. Worlds largest provider of computer software for desktops.






37. Committed her life to social reform - immigrant committee






38. Cooperative activity in the service of the public - exchanging information - eliminating waste - fostering labor management to improve the business system.






39. Could only hire union workers. Illegal






40. 1901 Mark Twain - referes to substantial growth in population in the united states and extravagant displays of wealth and excess of Americas upper class






41. Gold drain; exchange rates; free floating






42. First college of business.






43. Defense department became a significant source for scientific and engineering. Led by private firms and university.






44. Creators of Microsoft






45. Promote economic recovery in Europe.






46. Worked divided by specific tasks. i.e. accounting - production - ect.






47. Inflation continued in the absence of robust economic growth.






48. Unsafe at any speed. Consumers should not automatically trust new products or the business that produced them.






49. Setting of prices by mangers of large firms.






50. Reduction in diversification. Reduction in layers of management.







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

Browse all subjects

Browse all tests

Most popular tests