Week 2 Quiz
1
This type of law exists to ensure that people have the skills they need to
properly serve the public interest.
o
Laws governing business diversity
o
Laws promoting employee health and safety
o
Laws regulating occupational qualifications
o
Laws relating to the public interest
2
Jones (2007) describes a three-stage business plan used by managers. Which of
the following is one of the stages?
o
Answering questions about products from customers
o
Selecting goals and targets for team members
o
Assembling raw materials into finished products
o
Calling customers to sell products
3
Important issues can arise concerning how and when payments are made to this
group of stakeholders?
o
Stockholders
o
Employees
o
Suppliers and distributors
, o
Customers
4
This is a process of dissolution of a business through which its assets are sold to
repay its creditors.
o
Chapter 7 bankruptcy
o
Chapter 11 bankruptcy
o
Chapter 9 bankruptcy
o
Chapter 13 bankruptcy
5
This Act was passed by congress to protect air quality and motivate companies
to pollute less.
o
Energy Policy Act
o
Pollution Prevention Act
o
Clean Air Act
o
Comprehensive Environmental Response, Compensation, and Liability
Act
6
A detailed SWOT analysis would classify a well developed and informed
business model as a
o
weakness
o
threat
o
strength
1
This type of law exists to ensure that people have the skills they need to
properly serve the public interest.
o
Laws governing business diversity
o
Laws promoting employee health and safety
o
Laws regulating occupational qualifications
o
Laws relating to the public interest
2
Jones (2007) describes a three-stage business plan used by managers. Which of
the following is one of the stages?
o
Answering questions about products from customers
o
Selecting goals and targets for team members
o
Assembling raw materials into finished products
o
Calling customers to sell products
3
Important issues can arise concerning how and when payments are made to this
group of stakeholders?
o
Stockholders
o
Employees
o
Suppliers and distributors
, o
Customers
4
This is a process of dissolution of a business through which its assets are sold to
repay its creditors.
o
Chapter 7 bankruptcy
o
Chapter 11 bankruptcy
o
Chapter 9 bankruptcy
o
Chapter 13 bankruptcy
5
This Act was passed by congress to protect air quality and motivate companies
to pollute less.
o
Energy Policy Act
o
Pollution Prevention Act
o
Clean Air Act
o
Comprehensive Environmental Response, Compensation, and Liability
Act
6
A detailed SWOT analysis would classify a well developed and informed
business model as a
o
weakness
o
threat
o
strength
