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






2. Transportation. Airline Act. Rail Act. Motor Carrier Act.






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






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






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






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






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






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






9. Leader of the new school economists. Rejected Laissez faire. Did not believe in government run business.






10. Could only hire union workers. Illegal






11. Use of stock tender to offer to buy a company that did not want to sell.






12. Income people could do with as the pleased.






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






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






15. Worlds largest provider of computer software for desktops.






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






17. Control all aspects of an industry from raw materials to retail.






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






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






20. Companies organized their activities around a strategy that integrated careful observation of changing consumer tastes with design production and distribution.






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






22. Corporate offices






23. Companies with many different divisions - usually 8 or more that make up and sell unrelated products.






24. Set of attitudes and values that optimistically looked toward the erection of new institutions through which Americans would realize the good society.






25. Trade associations fixed prices and thwarted competition in the interest of maximum efficiency.






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






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






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






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






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






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






32. Interstate Commerce Commission was strengthened. Regulated rates.






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






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






35. Few companies combines forces to control production of sale of a product.






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






37. Restraints of trade. Railroads could not collaborate to fix prices. Wasn't used until the 20th century.






38. Most women were stalled at middle management levels.






39. Eisenhower termed. Large companies received majority or military contracts. California boomed because of defense companies.






40. 1929 stock market crashed






41. Reduction in diversification. Reduction in layers of management.






42. American firms were poised to dominate economic activity in a system of free trade.






43. Sears.






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






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






46. Setting of prices by mangers of large firms.






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






48. Promote economic recovery in Europe.






49. Started as a gun powder company - Rate of return.






50. Companies had the right to manage. Union leaders.







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