Sara has been a sales clerk for five years, but is looking for a
change. She'd like to become an entrepreneur, but she's not sure
that she's ready or qualified for that kind of job. Which of the
following makes entrepreneurs different than workers?
Student Response A. Their willingness to take risk B. Being a
human resource C. Contributing to business's growth D. Keeping up
with the pace of production
Value Correct Feedback Answer
All of the following are ways that a successful business is most
likely to earn greater revenue EXCEPT
Student Response A. convincing customers that its product is
better. B. convincing customers that its product is less expensive.
C. strategizing an effective marketing
Value Correct Feedback Answer
campaign. D. requesting a tax reduction from the government.In a
market-based economy, which of the following is the ultimate
goal?
Student Response A. Tax reduction B. Greater profit C. Tax
exemption D. More investment
Value Correct Answer
Feedback
Which of the following would MOST likely change the income
distribution demographic? Student Response A. An economic slump B.
A political scandal C. An influx of immigrants D. An aging
population Value Correct Answer Feedback
Which of the following BEST describes a global economy? Student
Response A. Regionalism B. Interdependence C. Polarization D.
Divergence All of the following are ways that a successful business
is most likely to earn greater revenue EXCEPT Student Response A.
convincing customers that its product is better. B. convincing
customers that its product is less expensive. C. strategizing an
effective marketing campaign.D. requesting a tax reduction from the
government.
Value Correct Feedback Answer
Value Correct Feedback Answer
Danielle recently lost her job at a customer service call center
because her job was outsourced to India. Which of the following is
the BEST course of action for Danielle to recover from this
setback?
Student Response A. Write a blog calling for government policies
that prevent jobs being outsourced B. Boycott the company that
shipped her job overseas C. Focus on learning new skills that will
allow her to compete in the job market D. Find a job at another
call center
Value Correct Answer
Feedback
Maria wants to start a new software company, but she lives in a
remote community where few skilled software programmers live. Which
of the following is the MOST cost-effective strategy for building
her workforce? Student Response A. Hire employees Value Correct
Feedback Answer
with no programming experience and invest in their training B.
Use the Internet and other technologies to hire remote employees
who want to telecommute C. Offer a generous salary and benefits
package to attract employees to her locationD. Relocate to a city
where there are many software programmers
Maria and Clark are the owners of a popular line of women's
clothing. Although they've made it a point to make their products
in the United States, rising prices are making it difficult to make
a profit. They want to remain in the same area, but they're
thinking of looking for cheaper manufacturers in other places.
Which of the following options would be the BEST practice for them
to find the cheapest garment manufacturers?
Student Response A. Expansion
Value Correct Answer
Feedback
B. Extension C. Relocating D. Offshoring All of the following
benefit from a business's earned profits EXCEPT the Student
Response A. company's competitors. B. employees. C. business
owner.D. local community.
Value Correct Answer
Feedback
Which of the following plays the MOST important role in allowing
all companies, no matter the size, to compete in the global
market?
Student Response A. Technological advances B. Effective
marketing C. Government subsidies D. A talented workforce
Value Correct Feedback Answer
Each of the following will likely occur as a company generates
more profit, EXCEPT Student Response Value Correct Answer
Feedback
A. business expansion. B. employees are rewarded. C. expenses
are doubled.D. productivity increases.
Leon recently opened a nursery that sells flowers, trees, and
shrubs grown by local farmers. Leon sells Student Response A.
goods. B. income. C. skills. D. services. Sara has been a sales
clerk for five years, but is looking for a change. She'd like to
become an entrepreneur, but she's not sure that she's ready or
qualified for that kind of job. Which of the following makes
entrepreneurs different than workers? Student Response A. Their
willingness to take risk B. Being a human resource C. Contributing
to Value Correct Feedback Answer Value Correct Answer Feedback
business's growthD. Keeping up with the pace of production
Medicare Rights Center (MRC) in New York helps people with
disabilities receive good, affordable health care. It also has
programs that train volunteers to educate Westchester County
residents about Medicare issues. MRC is considered a nonprofit
organization because it Student Response A. focuses on New York,
which is known for being a busy business center. B. uses the money
it earns only as a means to further help the community. C. aims to
generate revenue solely by focusing on health care services.D.
needs to employ thousands
Value Correct Answer
Feedback
of workers to sustain its service.
A multibillion-dollar car manufacturing company and a small-town
souvenir shop are alike in that they
Student Response A. both aim to expand globally. B. both seek to
educate the community. C. both operate as nonprofit organizations.
D. both offer goods and services.
Value Correct Feedback Answer
Each of the following will likely occur as a company generates
more profit, EXCEPT Student Response A. business expansion. B.
employees are rewarded. C. expenses are doubled. D. productivity
increases. Value Correct Answer Feedback
Kelly runs a successful shoe company and is ready to open her
first store overseas in France. Which of the following is LEAST
likely to be a problem for her as her company becomes
multinational? Student Response A. Offending French customers by
adopting local customs B. Violating local French safety regulations
C. Communicating with French employees D. Inflation affecting
international revenues Which of the following would MOST likely
happen to less efficient companies in a competitive environment?
Student Response A. They would carry on as usual. B. They would
close down. C. They would receive additional money from investors.
Value Correct Answer Feedback Value Correct Feedback Answer
D. They would be taken over by the government.Successful
businesses benefit society by providing all of the following,
EXCEPT
Student Response A. higher standards of living for the entire
society. B. employment opportunities for members of the community.
C. goods and services that people need and want. D. ever-growing
business debts and liabilities.
Value Correct Feedback Answer
Which of the following reasons BEST describes why competition is
strong in an oligopoly? Student Response A. Because the market
emphasizes consumption B. Because there is Value Correct Feedback
Answer
little difference between products C. Because the supply of
products is very lowD. Because the demand for products is very
high
In a market economy, the focus of production is on
Student Response A. supplying an infinite demand. B. fair and
equal distribution. C. quality over quantity. D. efficiency and
profitability.
Value Correct Feedback Answer
The Nook is the only bookstore in George's neighborhood. Which
market structure is this an example of?
Student Response A. Communism B. Oligopoly C. Socialism D.
Monopoly
Value Correct Answer
Feedback
Pure H2O is a company that provides water to consumers and
operates as a water distribution monopoly. Why is the company
permitted to operate as a monopoly? Student Response A. Pure H2O is
permitted to operate as a natural monopoly in an effort to conserve
natural resources. B. Pure H2O is permitted to operate as a natural
monopoly in an effort to provide consumers with the best service.
C. Pure H2O is permitted to operate as a natural monopoly because
it pays its taxes annually.D. Pure H2O is permitted to operate as a
natural monopoly because of its
Value Correct Feedback Answer
campaign to promote water conservation.
After a period of loss, sales in the electronics industry have
started picking up again. What is this part of the business cycle
called?
Student Response A. Resuscitation B. Restoration C. Recovery D.
Recession
Value Correct Feedback Answer
A microeconomist working for a toy manufacturer might study
Student Response A. prices of similar toys made by competitors. B.
census data on the number of families with children ages 5-12 in
higher economic classes. C. a drop in the inflation rate at the
beginning of December. Value Correct Feedback Answer
D. recent changes in the unemployment rate of parents of
children ages 512.Although sales have been consistently high for
booksellers in the past, the demand for some goods and services has
decreased for almost a year in all of the stores around town. What
is happening to the economy?
Student Response A. Secession B. Succession C. Recession D.
Resolution
Value Correct Answer
Feedback
Which of the following reasons BEST describes why competition is
strong in an oligopoly?
Student Response A. Because the market emphasizes consumption B.
Because there is little difference between products C. Because the
supply of products is very low
Value Correct Feedback Answer
D. Because the demand for products is very highWhich of the
following are often permitted to operate as regulated
monopolies?
Student Response A. Appliance companies B. Textile companies C.
Insurance companies D. Utility companies
Value Correct Answer
Feedback
Which of the following does NOT occur when there is monopolistic
competition? Student Response A. There are many buyers and sellers.
B. There is perceived difference of products among consumers. C.
There is little differentiation between the products themselves.D.
There are many buyers but no
Value Correct Feedback Answer
sellers.
Although sales have been consistently high for booksellers in
the past, the demand for some goods and services has decreased for
almost a year in all of the stores around town. What is happening
to the economy?
Student Response A. Secession B. Succession C. Recession D.
Resolution
Value Correct Answer
Feedback
The Nook is the only bookstore in George's neighborhood. Which
market structure is this an example of?
Student Response A. Communism B. Oligopoly C. Socialism D.
Monopoly
Value Correct Answer
Feedback
Which of the jobs below is affected by seasonal
unemployment?
Student Response A. A part-time lifeguard B. A night guard at
the mall C. A crime scene
Value Correct Feedback Answer
investigator D. A mathematics teacherWhich type of economy
grants individuals the freedom to make their own economic
decisions?
Student Response A. Traditional economy B. Mixed economy C.
Planned economy D. Market economy
Value Correct Answer
Feedback
In which type of economic system does the government control
resources, pay wages, and provide all services?
Student Response A. Communism B. Socialism C. Capitalism D.
Democracy
Value Correct Answer
Feedback
A number of stores on Faulkner Street sell fresh fruits and
vegetables. The products appear to be identical and the prices
differ little, if at all. What type of market structure is this?
Student Response A. Perfect competition Value Correct Answer
Feedback
B. Oligopoly C. MonopolyD. Monopolistic competition
Which of the jobs below is affected by seasonal
unemployment?
Student Response A. A part-time lifeguard B. A night guard at
the mall C. A crime scene investigator D. A mathematics teacher
Value Correct Feedback Answer
A microeconomist working for a toy manufacturer might study
Student Response A. prices of similar toys made by competitors.
B. census data on the number of families with children ages 5-12 in
higher economic
Value Correct Feedback Answer
classes. C. a drop in the inflation rate at the beginning of
December. D. recent changes in the unemployment rate of parents of
children ages 512. Pure H2O is a company that provides water to
consumers and operates as a water distribution monopoly. Why is the
company permitted to operate as a monopoly? Student Response A.
Pure H2O is permitted to operate as a natural monopoly in an effort
to conserve natural resources. B. Pure H2O is permitted to operate
as a natural monopoly in an effort to provide consumers with the
best service. Value Correct Feedback Answer
C. Pure H2O is permitted to operate as a natural monopoly
because it pays its taxes annually.D. Pure H2O is permitted to
operate as a natural monopoly because of its campaign to promote
water conservation.
What do you call a supply that is not used up?
Student Response A. Excess supply B. Collateral C. Overabundance
D. Surplus
Value Correct Feedback Answer
A microeconomist working for a toy manufacturer might study
Student Response A. prices of similar toys made by competitors.
B. census data
Value Correct Feedback Answer
on the number of families with children ages 5-12 in higher
economic classes. C. a drop in the inflation rate at the beginning
of December. D. recent changes in the unemployment rate of parents
of children ages 512.Yves took a class in macroeconomics, which
meant that he was studying
Student Response A. limited resources. B. individual businesses.
C. individual purchasing decisions. D. the overall economy.
Value Correct Answer
Feedback
In a declining economy, how do businesses prefer to reduce their
workforce?
Student Response A. Through retirement and natural attrition B.
By hiring temporary and contractual employees C. By giving
incentives to workers for them to resign D. By laying off workers
and rehiring when they need more
Value Correct Feedback Answer
What determines the value of each good or service in a bartering
exchange?
Student Value Correct Response Answer A. Power B. Wealth C.
Needs D. Desires
Feedback
An increase in productivity indicates that workers are
Student Response A. producing more goods or services in the same
amount of time. B. satisfied with their working environment and
their jobs. C. taking fewer breaks.D. well-trained in their jobs
and responsibilities.
Value Correct Feedback Answer
Which type of economy grants individuals the freedom to make
their own economic decisions?
Student Response A. Traditional economy B. Mixed economy C.
Planned economy D. Market economy
Value Correct Answer
Feedback
Prices become higher when a unique and highly desireable item is
auctioned
Student Value Correct Response Answer A. because the supply and
demand are equal. B. because the demand and supply are kept
unknown. C. because the supply is higher than the demand. D.
because the demand is higher than the supply.
Feedback
Which of the jobs below is affected by seasonal
unemployment?
Student Response A. A part-time lifeguard
Value Correct Feedback Answer
B. A night guard at the mall C. A crime scene investigatorD. A
mathematics teacher
In a declining economy, how do businesses prefer to reduce their
workforce?
Student Response A. Through retirement and natural attrition B.
By hiring temporary and contractual employees C. By giving
incentives to workers for them to resignD. By laying off workers
and rehiring when they need more
Value Correct Feedback Answer
A number of stores on Faulkner Street sell fresh fruits and
vegetables. The products appear to be identical and the prices
differ little, if at
all. What type of market structure is this? Student Response A.
Perfect competition B. Oligopoly C. Monopoly D. Monopolistic
competition Recently, oil was discovered in an island in the
Pacific. An oil refinery from Texas wants to enter this foreign
market without actually building their own facility on the island.
Which of the following is the BEST way for the oil refinery to
enter this foreign market? Student Response A. Franchising B.
Turnkey projects C. ExportingD. Licensing
Value Correct Answer
Feedback
Value Correct Answer
Feedback
Why is managing an international business even more complex than
handling a domestic business?
Student Response A. Physical facilities need to be in place for
the business to be successful.
Value Correct Feedback Answer
B. Additional and different economic, social, and political
environments need to be considered. C. The domestic environment
does not involve as many costs and risks for the business. D. It
always involves transporting key personnel from the home country to
the foreign country.Suppose a weak Japanese currency reduces labor
costs in Japan. If you were a multinational firm owner, why might
you feel competitive pressure to shift more of the firm's
production to Japan?
Student Response A. I must be the first multinational firm to
help Japan, or else their country might lag behind in the
Value Correct Feedback Answer
global market. B. I must be the first multinational firm to
train Japan's labor force so that my competitors will be
discouraged to invest there. C. I have to take advantage of Japan's
lower production costs, or else my company might lose global market
share. D. I have to take advantage of Japan's cheap labor force so
that I can influence my competitors to also shift their production
there. To enter the foreign handbag market, Karen subcontracts the
manufacturing of her handbags to an overseas firm. After the first
production cycle, Karen is devastated to learn that her handbags'
zippers are not as durable as the originals. Which disadvantage of
contract manufacturing does this situation illustrate?
Student Response A. Risk of losing specialized technology to
partner B. Lack of access to local information C. Lack of quality
control over distant contractorD. Difficulty in finding a
compatible partner
Value Correct Feedback Answer
Heather's chain of clothing stores is expanding to India and
South Africa. She plans to adjust her designs and marketing to
reflect the tastes of the local populations. Which phrase would
best sum up Heather's approach? Student Response A. Think globally
and act locally B. Globalization of production C. Think locally and
act universally Value Correct Feedback Answer
D. Globalization of markets Gabriel Hudson is an IT expert
working with an outsourcing company based in Romania. He uses
teleconferencing to talk with his contacts in Bangkok, Thailand.
Teleconferencing as a way of communication is an example of Student
Response A. technological innovation. B. business expansion. C.
business creativity. D. offshore outsourcing. Reggie's ice cream
parlor is popular because of his fried ice cream. Customers are
amazed how the ice cream remains frozen despite being fried. Reggie
plans to market his fried ice cream to another country, but he
wants full control over foreign operations. Which entry mode is
BEST in Reggie's situation? Student Response A. Exporting B.
Wholly-owned subsidiary C. Franchising D. Joint venture Heather's
chain of clothing stores is expanding to India and South Africa.
She plans to adjust her designs and marketing to reflect the tastes
of the local populations. Which phrase would best sum up Heather's
approach? Value Correct Answer Feedback Value Correct Feedback
Answer
Student Response A. Think globally and act locally B.
Globalization of production C. Think locally and act universallyD.
Globalization of markets
Value Correct Feedback Answer
Maya creates unique, customized furniture made from rattan, a
local pliable wood in her country. She wants to export her products
to the United States. Which of the following is a disadvantage of
exporting her furniture? Student Response A. Foreign trade barriers
are in place for rattan furniture. B. Maya will have to train staff
in the United States. C. Exporting a bulky and heavy product
entails high transportation costs. D. Furniture Value Correct
Feedback Answer
makers in the United States will have access to Maya's designs.
Ajay is the head of a firm that is interested in introducing their
brand of home appliances to foreign markets but has a relatively
low amount of financial resources at this time. Production costs in
the home country are high. What would be the BEST option for Ajay's
firm? Student Response A. Discard the plan to export since home
appliances can be bulky and expensive to export. B. Open appliance
stores in several countries before slowly expanding elsewhere. C.
Export directly from the home country.D. Move production to a
country with low
Value Correct Answer
Feedback
costs and export from there.
Reggie's ice cream parlor is popular because of his fried ice
cream. Customers are amazed how the ice cream remains frozen
despite being fried. Reggie plans to market his fried ice cream to
another country, but he wants full control over foreign operations.
Which entry mode is BEST in Reggie's situation? Student Response A.
Exporting B. Wholly-owned subsidiary C. FranchisingD. Joint
venture
Value Correct Answer
Feedback
Jaime runs a plant that manufactures designer shoes. She has
gained a comparative advantage over plants making similar products.
Which of the following statements is true? Student Response A.
Jaime was unable to access the same cheap raw materials as her
competitors. Value Correct Feedback Answer
B. The competition spent time on training rather than actual
production. C. Jaime's workers have improved their production rate
compared to their competitors.D. The competitors have invested too
much in new technology. Suppose a weak Japanese currency reduces
labor costs in Japan. If you were a multinational firm owner, why
might you feel competitive pressure to shift more of the firm's
production to Japan?
Student Response A. I must be the first multinational firm to
help Japan, or else their country might lag behind in the global
market. B. I must be the
Value Correct Feedback Answer
first multinational firm to train Japan's labor force so that my
competitors will be discouraged to invest there. C. I have to take
advantage of Japan's lower production costs, or else my company
might lose global market share. D. I have to take advantage of
Japan's cheap labor force so that I can influence my competitors to
also shift their production there. Maya creates unique, customized
furniture made from rattan, a local pliable wood in her country.
She wants to export her products to the United States. Which of the
following is a disadvantage of exporting her furniture? Student
Response A. Foreign trade barriers are in Value Correct Feedback
Answer
place for rattan furniture. B. Maya will have to train staff in
the United States. C. Exporting a bulky and heavy product entails
high transportation costs.D. Furniture makers in the United States
will have access to Maya's designs.
Which of the following is a long-term effect of protectionist
trade barriers? Student Response A. There is a decrease in prices
of domestic products as consumer consumption rises. B. There is an
increase in demand for imports and a subsequent Value Correct
Feedback Answer
increase in sales. C. The local market becomes more accessible
to foreign companies. D. There is an increase in supply of domestic
products leading to market expansion. To enter the foreign handbag
market, Karen subcontracts the manufacturing of her handbags to an
overseas firm. After the first production cycle, Karen is
devastated to learn that her handbags' zippers are not as durable
as the originals. Which disadvantage of contract manufacturing does
this situation illustrate? Student Response A. Risk of losing
specialized technology to partner B. Lack of access to local
information C. Lack of quality control over distant Value Correct
Feedback Answer
contractorD. Difficulty in finding a compatible partner A nation
with abundant natural resources will likely have a comparative
advantage in the production of goods that require these raw
materials. Which of the following is an example of this
statement?
Student Response A. A country with the required raw material for
the production of certain goods can trade with other countries for
final products. B. A country with abundant amounts of iron ore has
a comparative advantage in the production of steel. C. A country
with abundant amounts of
Value Correct Feedback Answer
iron ore has all the necessary capital for investing in steel
company stocks. D. A country with abundant amounts of silver has a
comparative advantage because it is wealthier than other countries.
Gabriel Hudson is an IT expert working with an outsourcing company
based in Romania. He uses teleconferencing to talk with his
contacts in Bangkok, Thailand. Teleconferencing as a way of
communication is an example of Student Response A. technological
innovation. B. business expansion. C. business creativity. D.
offshore outsourcing.Patricia works for a domestic manufacturer.
How would she likely feel about a protectionist trade barrier?
Value Correct Feedback Answer
Student Response A. She would support it because domestic goods
would be less expensive to purchase. B. She would support it
because domestic sales and prices would increase, making her
company more profitable. C. She would oppose it because import
prices would drop. D. She would oppose it because it would increase
the amount of exports.
Value Correct Feedback Answer
An engineering company is considering implementing a turnkey
project in a neighboring country. Why might the company have
reservations about implementing the plan?
Student Response A. The company would have difficulty
maintaining quality control remotely. B. The company would have to
bear the full burden of start-up costs and risks. C. The company
may create a viable competitor with access to the same technology
and methods. D. It may be difficult to find a compatible business
partner.
Value Correct Feedback Answer
Lizzie is the CEO of a large corporation that offers accounting
services to several companies. She has tried to acquire her closest
rival, but her rival's management is opposed to the idea. In order
to gain a competitive edge, Lizzie starts a campaign to persuade
her rival company's shareholders to vote out its existing
management in the hopes of replacing it with a management more
amenable to an acquisition. Which method of acquiring a company is
Lizzie using?
Student Response A. Tender offer B. Proxy fight C. Synergistic
value D. Hostile takeover
Value Correct Answer
Feedback
Which of the following BEST explains why members of a
cooperative enjoy reduced costs for their goods and services?
Student Response A. They have greater bargaining power. B. They
have increased profit margins. C. They raise their prices. D. They
have little competition.A popular vegan restaurant merges with a
vegetable supplier. As a result, the restaurant lowers production
costs because vegetables are available at a more affordable price.
The vegetable supplier now has a ready customer and is no longer
worried about a surplus of stocks. Which of the following BEST
describes this situation?
Value Correct Answer
Feedback
Student Response A. Synergy B. Conglomeration C. Redundancy D.
Innovation
Value Correct Feedback Answer
Maxine runs a small bakery and has four people working for her.
Her workers deliver cakes and bread to their customers using a
motorcycle that Maxine also owns. During a bad storm, one of the
workers skids on the bike and injures a pedestrian. The injured man
sues the worker and Maxine, and Maxine is ordered to pay
compensation to the injured man. Which of the following reasons
BEST explains why Maxine is held liable? Student Response A. A sole
proprietor has protection against legal action only if the owner or
employee is operating on company premises. B. A sole proprietor
shares the operation of his or her business with every employee who
works for the business. C. A sole proprietor is protected Value
Correct Feedback Answer
against legal action only if his or her employees sign forms
claiming full responsibility for their actions.D. A sole proprietor
may incur a liability and become responsible to pay for any damages
or personal injuries caused by his or her employees. As the sole
proprietor of her own catering business, Maggie has ________
control over managing and operating his or her business.
Student Value Correct Response Answer A. no B. partial C. less
D. full
Feedback
Which of the following describes how a privately held
corporation differ from a publicly owned one?
Student Response A. In a privately held corporation, there are
more
Value Correct Feedback Answer
than 25 shareholders; in a publicly owned corporation, there are
fewer than 25 shareholders. B. The stock of privately held
corporations is regulated by the Securities and Exchange
Commission; the stock of publicly owned corporations is regulated
by shareholders. C. In a publicly owned corporation, shares are
traded on public stock exchanges; in a privately held corporation,
shares are not traded on public stock exchanges. D. In a publicly
owned corporation,
shareholders are involved in daily operations of the business;
in a privately held corporation, shareholders have less direct
involvement.As the sole proprietor of her own catering business,
Maggie has ________ control over managing and operating his or her
business.
Student Value Correct Response Answer A. no B. partial C. less
D. full
Feedback
A company that offers high-quality leather shoes merges with
another company that sells designer clothing. This type of merger
is called a
Student Response A. market extension merger. B. product
extension merger. C. horizontal merger. D. vertical merger.
Value Correct Answer
Feedback
Cynthia owns a small company that creates one-of-a-kind wedding
gowns in New Jersey. Seeking to expand her business, she meets with
Purita, a wedding cake designer, for a possible merger. Cynthia is
seeking a
Student Response A. vertical merger. B. product extension
merger. C. market extension merger. D. horizontal merger.
Value Correct Answer
Feedback
Like sole proprietors and partners, shareholders of S
corporations pay income taxes based on their
Student Response A. contributions to the start-up capital. B.
position in the corporate structure. C. personal assets upon
incorporation. D. proportionate share of business profits.
Value Correct Feedback Answer
Lizzie is the CEO of a large corporation that offers accounting
services to several companies. She has tried to acquire her closest
rival, but her rival's management is opposed to the idea. In order
to gain a competitive edge, Lizzie starts a campaign to
persuade her rival company's shareholders to vote out its
existing management in the hopes of replacing it with a management
more amenable to an acquisition. Which method of acquiring a
company is Lizzie using?
Student Response A. Tender offer B. Proxy fight C. Synergistic
value D. Hostile takeover
Value Correct Answer
Feedback
Maxine runs a small bakery and has four people working for her.
Her workers deliver cakes and bread to their customers using a
motorcycle that Maxine also owns. During a bad storm, one of the
workers skids on the bike and injures a pedestrian. The injured man
sues the worker and Maxine, and Maxine is ordered to pay
compensation to the injured man. Which of the following reasons
BEST explains why Maxine is held liable? Student Response A. A sole
proprietor has protection against legal action only if the owner or
employee is operating on company premises. B. A sole proprietor
shares the operation of his or her business with Value Correct
Feedback Answer
every employee who works for the business. C. A sole proprietor
is protected against legal action only if his or her employees sign
forms claiming full responsibility for their actions.D. A sole
proprietor may incur a liability and become responsible to pay for
any damages or personal injuries caused by his or her
employees.
Magda and Helen share the ownership and the profits and losses
of a interior design company. Magda and Helen are operating a
Student Response A. partnership. B. sole proprietorship. C.
corporation. D. cooperative. Kaylen would like to become the sole
proprietor of her own fitness training Value Correct Feedback
Answer
business. Which of the following describes how she is MOST
likely to raise capital? Student Response A. By tapping personal
savings B. Through partner contributions C. By looking for
prospective investors D. Through sale of shares of stockA company
that offers high-quality leather shoes merges with another company
that sells designer clothing. This type of merger is called a
Value Correct Feedback Answer
Student Response A. market extension merger. B. product
extension merger. C. horizontal merger. D. vertical merger.
Value Correct Answer
Feedback
The ability to build a power base and establish beneficial
connections requires ________.
Student Response A. human skills B. political skills C.
technical skills D. assessment skills
Value Correct Answer
Feedback
The Management Standards Center (MSC) is based on an analysis of
management activities and focuses on ________. Student Response A.
what effective managers should be able to do, rather than what they
know B. what skills efficient managers should have C. what
education is needed by effective managersD. what
Value Correct Answer
Feedback
effective managers know, rather than what they should be able to
do
Mintzberg developed his ten managerial roles by ________.
Student Response A. closely monitoring the work activities of five
chief executives B. determining what managers should be able to do
C. surveying thousands of managers in hundreds of organizationsD.
conducting research while teaching at UCLA
Value Correct Feedback Answer
An automobile manufacturer that increased the total number of
cars produced at the same cost, but with many defects, would be
________.
Student Response
Value Correct Feedback Answer
A. efficient and effective B. increasing efficiency C. concerned
with inputs D. increasing effectiveness
Supervisor is another name for which of the following?Student
Response A. first-line manager B. team leader C. top manager D.
middle managerAn organization is ________.
Value Correct Feedback Answer
a. a group of individuals focused on profit making for their
shareholders
b. a deliberate arrangement of people to accomplish some
specific purpose
c. the physical location where people work
d. a collection of individuals working for the same company
An organization is ________.
Student Response A. a group of individuals focused on profit
making for their shareholders B. a deliberate arrangement of people
to accomplish some specific purpose C. a collection of individuals
working for the same companyD. the physical location where people
work
Value Correct Feedback Answer
Today, the basic management functions are considered to be
________.
Student Response A. commanding, organizing, leading, and
staffing B. planning,
Value Correct Feedback Answer
organizing, leading, and directing C. planning, coordinating,
staffing, and directing D. planning, organizing, leading, and
controllingAccording to Mintzberg's management roles, the ________
roles involve receiving, collecting, and disseminating
information.
Student Response A. decisional B. informational C. interpersonal
D. technical
Value Correct Feedback Answer
Mintzberg developed his ten managerial roles by ________.
Student Response A. closely monitoring the work activities of
five chief executives B. determining what managers should be able
to do C. surveying
Value Correct Feedback Answer
thousands of managers in hundreds of organizations D. conducting
research while teaching at UCLA Which of the following is to
Mintzberg? Student Response A. entrepreneur B. spokesperson C.
resource allocator D. disturbance handler A manager resolving
conflict among organizational members is performing what process?
Student Response A. controlling B. leading C. directingD.
commanding
not an example of a decisional role according
Value Correct Answer
Feedback
Value Correct Answer
Feedback
The effectiveness of managers of ________ are generally not
judged by their ability to maximize profits.
Student Response A. small businesses B. Fortune 1000
corporations C. international organizations D. not-for-profit
organizations
Value Correct Feedback Answer
Which of the following is not a philosophy topic relevant to the
study of management?
Student Response A. the Protestant ethic B. the liberty ethic C.
the market ethic D. the democratic ethic
Value Correct Answer
Feedback
Which of the following is not one of the six sets of behaviors
that, according to research, is responsible for more than 50% of a
manager's effectiveness?
Student Response A. organizing and coordinating B.
motivating
Value Correct Feedback Answer
employees and handling conflicts C. strategic problem solving D.
making human resource decisionsSupervisor is another name for which
of the following?
Student Response A. first-line manager B. team leader C. top
manager D. middle manager
Value Correct Feedback Answer
Writing an organizational strategic plan is an example of the
________ management process.
Student Response A. organizing B. planning C. leading D.
coordinating
Value Correct Answer
Feedback
Unlike the manager of a small business, the most important
concerns of a manager in a large organization are focused
________.
Student Response A. externally, particularly on stimulating
change B. internally, particularly on the allocation of resources
C. on planning ways to improve performanceD. on financial
matters
Value Correct Feedback Answer
Today, the basic management functions are considered to be
________.
Student Response A. commanding, organizing, leading, and
staffing B. planning, organizing, leading, and directing C.
planning, coordinating, staffing, and directing D. planning,
organizing,
Value Correct Feedback Answer
leading, and controlling Mintzberg developed his ten managerial
roles by ________. Student Response A. closely monitoring the work
activities of five chief executives B. determining what managers
should be able to do C. surveying thousands of managers in hundreds
of organizationsD. conducting research while teaching at UCLA
Value Correct Feedback Answer
An automobile manufacturer that increased the total number of
cars produced at the same cost, but with many defects, would be
________.
Student Response A. efficient and effective B. increasing
efficiency C. concerned with inputs
Value Correct Feedback Answer
D. increasing effectivenessDivision manager is associated with
which of the following levels of management?
Student Response A. team leaders B. top managers C. first-line
managers D. middle managers
Value Correct Answer
Feedback
The Management Standards Center (MSC) is based on an analysis of
management activities and focuses on ________.
Student Response A. what effective managers should be able to
do, rather than what they know B. what skills efficient managers
should have C. what education is needed
Value Correct Answer
Feedback
by effective managers D. what effective managers know, rather
than what they should be able to doAn organization is ________.
Student Response A. a group of individuals focused on profit
making for their shareholders B. a deliberate arrangement of people
to accomplish some specific purpose C. a collection of individuals
working for the same company D. the physical location where
people
Value Correct Feedback Answer
workToday, the basic management functions are considered to be
________.
Student Response A. commanding, organizing, leading, and
staffing B. planning, organizing, leading, and directing C.
planning, coordinating, staffing, and directing D. planning,
organizing, leading, and controlling
Value Correct Feedback Answer
Imagine that your marketing company has just merged with a
manufacturing organization. You have been asked to help provide
some "basic" managerial training to the engineers in the research
and development unit of the new sister company. To make sure you
are covering the necessary issues, your boss has asked to see an
overview of materials that you will be providing the engineers.
Another fact that engineers need to learn is that supervisors
may frequently be referred to as ________. Student Response A.
first-line managers B. top Value Correct Answer Feedback
managers C. project leaders D. middle managersThe study of
________ helps managers gain a better understanding of motivation,
leadership, trust, employee selection, performance appraisals, and
training techniques.
Student Response A. anthropology B. sociology C. political
science D. psychology
Value Correct Answer
Feedback
Technical skills include ________.
Student Response A. familiarity with and interest in a general
field of endeavor B. leadership and efficiency in a certain
specialized field C. skill and interest in a general
Value Correct Feedback Answer
field of endeavor D. knowledge of and proficiency in a certain
specialized field A manager resolving conflict among organizational
members is performing what process? Student Response A. controlling
B. leading C. directingD. commanding
Value Correct Answer
Feedback
An automobile manufacturer that increased the total number of
cars produced at the same cost, but with many defects, would be
________.
Student Response A. efficient and effective B. increasing
efficiency C. concerned with inputs D. increasing effectiveness
Value Correct Feedback Answer
All of the following are managerial roles that are more
important at the higher levels of the organization except
________.
Student Response A. leader B. figurehead C. disseminator D.
negotiator
Value Correct Answer
Feedback
The organizing process is more important ________.
Student Response A. than any of the other management processes
B. for top-level managers than it is for either middle- or
first-level managers C. for top-level managers than it is for
first-level managers only D. than leading at all levels of
management
Value Correct Feedback Answer
The ability to build a power base and establish beneficial
connections
requires ________. Student Response A. technical skills B.
political skills C. assessment skillsD. human skills An automobile
manufacturer that increased the total number of cars produced at
the same cost, but with many defects, would be ________.
Value Correct Answer
Feedback
Student Response A. increasing effectiveness B. concerned with
inputs C. increasing efficiency D. efficient and effective
Value Correct Feedback Answer
A manager resolving conflict among organizational members is
performing what process? Student Response A. leading B. commanding
C. directing Value Correct Answer Feedback
D. controlling
Unlike the manager of a small business, the most important
concerns of a manager in a large organization are focused ________.
Student Response A. internally, particularly on the allocation of
resources B. externally, particularly on stimulating change C. on
planning ways to improve performanceD. on financial matters
Value Correct Feedback Answer
A manager's pay typically expands as his or her ________
increases. Student Response A. responsibility B. experience C.
seniorityD. education
Value Correct Feedback Answer
According to Katz, the four critical managerial skills can be
classified as ________.
Student Response A. technical, political, interpersonal, and
conceptual B. technical, interpersonal, political, and controlling
C. technical, political, conceptual, and empiricalD. interpersonal,
political, empirical, and technical
Value Correct Feedback Answer
Which of the following is a central difference between
capitalist and socialist economies?
Student Response A. Managers in a capitalist economy do not need
to follow governmental regulations. B. The government owns most of
the goods-producing businesses in a capitalist economy. C.
Efficiency is more important
Value Correct Feedback Answer
than effectiveness in a socialist economy. D. Effectiveness in a
socialist economy is often measured by how many people an
organization employs. Which of the following is to Mintzberg?
Student Response A. spokesperson B. resource allocator C.
entrepreneur D. disturbance handlerA deliberate arrangement of
people to accomplish some specific purpose is ________.
not an example of a decisional role according
Value Correct Answer
Feedback
Student Response A. a process B. an assembly operation C. a
structure D. an organization
Value Correct Answer
Feedback
Which of the following is not one of the six sets of behaviors
that, according to
research, is responsible for more than 50% of a manager's
effectiveness?
Student Response A. making human resource decisions B. strategic
problem solving C. motivating employees and handling conflicts D.
organizing and coordinating
Value Correct Feedback Answer
Good management is concerned with ________.
Student Response A. high efficiency and high equity B. high
efficiency and low effectiveness C. low efficiency and high
effectiveness D. high efficiency and high effectiveness
Value Correct Feedback Answer
Which one of the following phrases is best associated with
managerial conceptual skills?
Student Response A. decision making B. communicating with
customers C. product knowledge D. using information to solve
business problems
Value Correct Feedback Answer
Supervisor is another name for which of the following?
Student Response A. team leader B. first-line manager C. middle
manager D. top manager
Value Correct Feedback Answer
Today, the basic management functions are considered to be
________.
Student Response A. planning, organizing,
Value Correct Feedback Answer
leading, and directing B. commanding, organizing, leading, and
staffing C. planning, coordinating, staffing, and directing D.
planning, organizing, leading, and controllingOne of the common
characteristics of all organizations is ________, which is
typically expressed in terms of the organization's goals.
Student Response A. its systematic structure B. its goals C. its
people D. its purpose
Value Correct Answer
Feedback
One of the common characteristics of all organizations is
________, which is typically expressed in terms of the
organization's goals.
Student Response A. its systematic structure B. its goals
Value Correct Answer
Feedback
C. its people D. its purpose A human resource manager attending
a local Society for Human Resource Management meeting would be
functioning in which role? Student Response A. leader B.
disseminator C. informational D. liaisonOrganizing includes
________.
Value Correct Feedback Answer
Student Response A. defining organizational goals B. determining
who does what tasks C. hiring organizational members D. motivating
organizational members
Value Correct Feedback Answer
Writing an organizational strategic plan is an example of the
________ management process.
Student Response
Value Correct Answer
Feedback
A. organizing B. planning C. leading D. coordinatingThe roles of
disseminator, figurehead, negotiator, liaison, and spokesperson are
more important at the ________ levels of the organization.
Student Response A. supervisory B. middle C. lower D. higher
Value Correct Answer
Feedback
Organizations that are well managed ________.
Student Response A. compete on an international basis because
they have the best products B. always have the lowest-cost products
C. develop a loyal customer base, grow, and prosper D. choose the
best suppliers for
Value Correct Feedback Answer
their productsIll-structured problems ________.
Student Response A. force managers to deal with incomplete or
ambiguous information B. present familiar circumstances C. are
easily solved D. are routine
Value Correct Feedback Answer
Lower-level managers typically confront what type of decision
making?
Student Response A. non-programmed B. nonroutine C. unique D.
programmed
Value Correct Feedback Answer
If all criteria in the decision making are equal, weighting the
criteria ________.
Student Response A. improves the criteria B. improves
Value Correct Answer
Feedback
decision making when large numbers of criteria are involved C.
produces excellent decisions D. is not neededA policy ________.
Student Response A. is used frequently when a manager faces a
structured problem B. allows little discretion on the part of the
manager C. offers strict rules as to how a problem should be solved
D. requires judgment and interpretation
Value Correct Feedback Answer
A ________ is an explicit statement that tells a manager what he
or she can or cannot do.
Student Response A. solution B. rule C. procedure D. policy
Value Correct Answer
Feedback
Which type is characterized as a careful decision maker with the
ability to adapt or cope with unique situations?
Student Response A. conceptual decision makers B. analytic
decision makers C. directive decision makers D. behavioral decision
makers
Value Correct Answer
Feedback
Which of the following group techniques allows group members to
meet together, but at the same time facilitates independent
thinking?
Student Response A. brainstorming B. electronic meetings C.
nominal group technique
Value Correct Feedback Answer
D. groupthinkWhereas most people can only easily assimilate two
or three variables, neural networks can ________.
Student Response A. perform qualitative reasoning and numerical
calculations B. identify correlations among hundreds of variables.
C. perform operations in a rapid step-by-step process D. rely on
specialized knowledge about a particular problem area
Value Correct Feedback Answer
In which step does a decision maker want to be creative in
coming up with possible alternatives? Student Response A.
allocating weights to the criteria B. identifying Value Correct
Answer Feedback
decision criteria C. analyzing alternativesD. developing
alternatives Which of the following is most likely a situation in
which groupthink has occurred?
Student Response A. Group members ask questions of those members
who voice an opinion different from the majority view. B. Members
who hold different points of view avoid deviating from what appears
to be the group consensus. C. Influential group members dominate
the discussion and the decision-making process. D. People affected
by the decision are not given the opportunity to participate
Value Correct Feedback Answer
in the decision-making process.To help survivors of downsizing
cope with their new stress, managers might want to ________.
Student Response A. provide counselors for employees to talk to
B. individually call employees into the office intermittently with
those being downsized C. provide job search assistance D. offer
some form of severance pay
Value
Correct Answer
Feedback
If employment planning shows a surplus of employees, management
may want to reduce the organization's workforce through
________.
Student Response A. downsizing B. expansion C. recruitment D.
jobbing
Value
Correct Answer
Feedback
Three types of orientation are job orientation, work unit
orientation, and organization orientation.
Student Response not answeredtransition that ________.
Value 0%
Correct Answer True
Successful orientation, whether formal or informal, results in
an outsider-insider
Student Response A. increases the probability of a surprise
resignation B. makes the new member feel uncomfortable C. lowers
the likelihood of high work performance D. helps the new member
feel fairly well adjusted
Value
Correct Answer
Feedback
current U.S. labor laws, designed to encourage collective
bargaining and to balance workers' power against that of
management, may be a barrier to labor and management working as
cooperative partners.
Student Response not answeredeffectiveness of training.
Value 0%
Correct Answer True
Surveying the reaction of participants is the most valid way to
assess the
Student Response not answered
Value 0%
Correct Answer False
What is not a factor that can influence compensation and
benefits?
Student Response A. appearance and sex B. geographical location
C. seniority D. employee performance levels
Value Correct Feedback Answer
The selection process is ________. Student Response A. an
exercise in prediction B. not related to performance in the job C.
the steps taken to determine who is best for a jobD. the steps
taken to determine how to best train employees Human Resource
Management activities and functions such as staffing, attracting
and developing an effective workforce are the sole responsibility
of the HR department.
Value
Correct Answer Feedback
Student Response not answeredlast from a few weeks to several
years.
Value 0%
Correct Answer False
As a downsizing option, ________ are a temporary involuntary
termination that can
Student Response A. layoffs B. early retirements C. transfers D.
attritions
Value
Correct Answer
Feedback
Which of the following is not an option for downsizing?
Student Response A. reduced workweeks B. early retirements C.
attrition D. Internet hiring
Value Correct Feedback Answer
Successful orientation, whether formal or informal, results in
an outsider-insider transition that ________.
Student Response A. increases the probability of a surprise
resignation B. makes the new
Value
Correct Answer
Feedback
member feel uncomfortable C. lowers the likelihood of high work
performance D. helps the new member feel fairly well adjustedWhat
traditional training method involves employees working with an
experienced worker who provides information, support, and
encouragement?
Student Response A. vestibule training B. simulation exercises
C. job rotation D. understudy assignments
Value
Correct Answer
Feedback
To use a physical exam as a selection device, a company must
________. Student Response A. prove that the test has nothing to do
with insurance B. prove that supervisors do not need physical
abilities to Value Correct Answer Feedback
perform their jobs C. be sure the physical requirements are
directly related to successful job performanceD. have an insurance
carrier that does not require the testing
The selection process is ________. Student Response A. an
exercise in prediction B. not related to performance in the job C.
the steps taken to determine who is best for a jobD. the steps
taken to determine how to best train
Value
Correct Answer Feedback
employees
Being a manager, with no environmental uncertainty or threat of
competitors' new products, would be relatively simple without
________.
Student Response A. government regulations B. diversity C.
organizational change D. cultural differences
Value
Correct Answer
Feedback
In spurring organizational change, outside consultants are
usually more ________, whereas internal managers may be more
________ in the changes they initiate. Student Response A.
resistant; bold B. highly paid; risky C. drastic; thoughtfulD.
cautious; friendly
Value
Correct Answer
Feedback
The effort to assist organizational members with a planned
change is referred to as organizational design. Student Response
not answeredGrade for: fm6r 7-105________ actively and
enthusiastically support new ideas, build support, overcome
Value 0%
Correct Answer False
resistance, and ensure that innovations are implemented.
Student Response A. Change generators B. Whistleblowers C.
Change screeners D. Champions of change Score:
Value
Correct Answer
Feedback
0%
Computerization is a technological change that replaces people
with machines.
Student Response not answered
Value Correct Answer 0% False
When grocery stores installed scanners to read the product
price, this was an example of managing what change category?
Student Response A. competitors B. technology C. structure D.
peopleIn the view that with training, anyone can be creative,
creativity is a fourfold process consisting of ________ incubation,
inspiration, and ________.
Value
Correct Answer
Feedback
Student Response A. ideas; procedure B. inclination;
illustration
Value
Correct Answer
Feedback
C. perception; innovation D. indoctrination;
institutionalizationInnovative organizations tend to have
dissimilar cultures.
Student Response not answered
Value Correct Answer 0% False
Managing in the dynamic, chaotic world of global competition,
organizations must create new products and services ________.
Student Response Value A. that offer the customer what they want
B. and adopt teams as the best way to improve the organization C.
at competitive prices and in the correct location D. and adopt
state-of-the-art technology if they are to compete successfully
Correct Answer
Feedback
In spurring organizational change, outside consultants are
usually more ________, whereas internal managers may be more
________ in the changes they initiate.
Student Response A. resistant; bold
Value
Correct Answer
Feedback
B. highly paid; risky C. drastic; thoughtful D. cautious;
friendlyGrade for: fm6r 7-4Computerization is a technological
change that replaces people with machines.
Student Response not answered Score:
Value Correct Answer 0% 0.0% False
Innovative organizations tend to have dissimilar cultures.
Student Response not answered
Value Correct Answer 0% False
Assembly-line technology is changing dramatically as
organizations ________.
Student Response A. develop new products for the market B. find
new markets for their products C. replace old manually controlled
machines
Value
Correct Answer
Feedback
with newer machines D. replace human labor with robots________
may be necessary when resistance comes from a powerful source.
Student Response A. Facilitation and support B. Education and
communication C. Coercion D. Negotiation
Value Correct Answer
Feedback
Internal forces that stimulate the need for change tend to
originate primarily from the impact of external forces or from
________.
Student Response A. change in technology B. the forces of
competition C. customer demand for the products the company
produces D. the internal operations of the organization
Value
Correct Answer
Feedback
If Kraft Foods hired a consultant to decrease group friction and
enhance cooperative
work relationships, this would be an example of managing what
change category?
Student Response A. technology B. structure C. competitors D.
people Score:
Value
Correct Answer
Feedback
0%
Grade for: fm6r 7-95________ refers to the ability to combine
ideas in a unique way or to make unusual associations between
ideas.
Student Response A. Creativity B. Imagination C. Innovation D.
Interpretive thinking Score:
Value
Correct Answer
Feedback
0%
One of the primary views of the change process is that change is
________, while the other view is that change is ________.
Student Response A. costly; conservative B. occasional;
continuous C. optimistic; pessimistic
Value
Correct Answer
Feedback
D. problematic; encouraged Score: 0%
Research into the effect of structural variables on innovation
shows that ________. Student Response A. organic structures
negatively influence innovation B. time pressures actually cause
people to be more creative C. frequent interunit communication
helps create barriers to innovation D. the easy availability of
plentiful resources provides a key building block for innovationFor
________ to be effective, there must be mutual trust and
credibility between managers and employees.
Value
Correct Answer
Feedback
Student Response A. participation B. education C. negotiation D.
coercion Score:
Value
Correct Answer
Feedback
0%
As change agents, managers should be motivated to initiate
change because they are committed to ________.
Student Response A. improving their organization's performance
B. promoting the welfare of their employees C. managing and want to
do the best they can for everyone D. meeting the competition
head-on in the market
Value
Correct Answer
Feedback
Labor markets are an internal force for change.
Student Response
Value Correct Answer False
not answered 0% Score: 0.0%
Research into the effect of structural variables on innovation
shows that ________.
Student Response A. organic structures negatively influence
innovation B. time pressures actually cause people to be more
creative C. frequent interunit communication helps create barriers
to innovation D. the easy availability of plentiful resources
provides a key building block for innovation
Value
Correct Answer
Feedback
A company that decides to decentralize its sales procedures is
managing what change category?
Student Response A. people B. competitors C. technology
Value
Correct Answer Feedback
D. structure Score: 0%
Any manager can be a change agent.
Student Response not answered Score:
Value Correct Answer 0% 0.0% True
________ refers to the ability to combine ideas in a unique way
or to make unusual associations between ideas.
Student Response A. Creativity B. Imagination C. Innovation D.
Interpretive thinking Score:Next Question
Value
Correct Answer
Feedback
0%
Probably the most visible technology changes in recent years
have come through managers' efforts to expand corporate
financing.
Student Response not answeredproduct, service, or method of
operation.
Value 0%
Correct Answer False
________ is the process of taking a creative idea and turning it
into a useful
Student Response A. Innovation
Value
Correct Answer
Feedback
B. Imagination C. Interpretive thinking D.
CreativityAssembly-line technology is changing dramatically as
organizations ________.
Student Response A. develop new products for the market B. find
new markets for their products C. replace old manually controlled
machines with newer machines D. replace human labor with robots
Value
Correct Answer
Feedback
Negotiation refers to covert attempts to influence, twisting and
distorting facts, or withholding information.
Student Response not answered Score:
Value 0% 0.0%
Correct Answer False
E-mail might cause a breakdown in communication because
Student Response A. e-mail cuts down on face-to-face
interaction, and nuances in expression are lost in e-mail. B.
e-mail requires more time to carefully compose a thought that would
take seconds to say in person. C. e-mail makes it more difficult to
figure out who has sent which file and at what time. D. e-mail can
take a long time to get to the intended recipient of the
message.
Value
Correct Answer
Feedback
company's marketing department must work with and be closely
involved with the information technology (IT) department in order
to function effectively.
Student Response not answered Score:
Value 0% 0.0%
Correct Answer True
A business only has to worry about initial costs in its
technological investments.
Student Response not answered Score:General Feedback:
Value 0% 0.0%
Correct Answer False
New technology often comes with additional costs, like
maintenance, upgrades, and training. Chief information officers
must decide if introducing new technology into the company will be
a cost-effective move.
Next Question The MOST common goal of hackers is to
Student Response A. add files to a system. B. disrupt the
operation of a system. C. rearrange folder structures. D.
impersonate company employees.
Value Correct Answer
Feedback
The boundary between work and home has blurred dramatically
because of the increased use of technology.
Student Response not answered Score:
Value 0% 0.0%
Correct Answer True
Alicia and her university friends always dreamed of starting a
company together, but they all relocated to different parts of the
country after graduation. Which of the following is a feature of
remote conferencing that could enable Alica and her friends to
build a "virtual" company
without being in the same place? Student Response A. It allows
national and international calls to be made for free over the
Internet instead of over traditional phone networks. B. It enables
many people to join a common discussion regardless of their
physical location. C. It helps businesses and their clients use the
Internet as they discuss different aspects of a particular project
in relation to current market trends. D. It allows clients and
customers to meet in a much more informal, relaxed way to discuss
projects. Value Correct Answer Feedback
Samari needs to hire a chief information officer (CIO) to lead
his company's growing information technology (IT) department. Which
of the following skill sets is MOST important for Samari to look
for when considering whom to hire as his new CIO?
Student Response A. Organizational skills B. Marketing skills C.
Advertising skills D. Intrapersonal skills
Value
Correct Answer
Feedback
Peter recently began a new job at an advertising firm. During
his orientation, he learned that the company's network is
accessible only to employees or authorized users. Unauthorized
users are kept out by specialized firewall software protecting the
network. Which of the following terms describes the advertising
firm's network?
Student Response A. Intranet B. Extranet C. Exonet D.
Internet
Value
Correct Answer
Feedback
Which of the following BEST describes how businesses convert raw
data into information?
Student Response A. By selling the data to a business
intelligence firm
Value
Correct Answer
Feedback
B. By having information technology specialists review the data
for accuracy C. By storing the data in a data warehouse D. By
organizing and arranging the data to reflect the demographics of
the company's customersWhich of the following is an example of an
idea that would belong to the company, and not the employee?
Student Response A. A cook develops a new recipe by changing a
few ingredients and processes in a family recipe. B. A journalist
writes a memoir about all of the
Value
Correct Answer
Feedback
people she interviewed throughout her 50-year career. C. A
computer scientist writes a software program that makes the current
project easier to maintain. D. An engineer develops a prototype for
a new wing design for a model airplane.Estella wants to get a
quantitative idea of which marketing campaigns had the most success
in the past year, so she tasks her company's management information
systems (MIS) department to analyze last year's sales data. In the
context of this assignment, which of the following is MOST critical
to the MIS team's successful evaluation of the data?
Student Response A. Making use of software B. Extraction of
information from raw data C. Storing raw data securely D. Creation
of a
Value
Correct Answer
Feedback
company server and networkConverting data into useful
information is the easiest task of an information technology
department.
Student Response not answered Score:General Feedback:
Value 0% 0.0%
Correct Answer False
Figuring out how to sort the data you collect into a manageable
form of information can be very challenging. Unless the data is
properly sorted and displayed, the infor
A company's marketing department must work with and be closely
involved with the information technology (IT) department in order
to function effectively.
Student Response not answered Score:General Feedback: the
Internet as a tool both
Value 0% 0.0%
Correct Answer True
In today's world, a marketing department must consider for
collecting information on its customers and distributing inform
Raw data can boost a business's sales and overall growth even
before it has been interpreted.
Student Response not answered Score:increased use of
technology.
Value 0% 0.0%
Correct Answer False
The boundary between work and home has blurred dramatically
because of the
Student Response not answered Score:General
Value 0% 0.0%
Correct Answer True
Once a worker has access from home to office files, and the
office has
Feedback:
access to the employees through smartphones or live video
conferencing, the workday can extend dramatically.