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ETS MAJOR FIELD TEST EXAM WITH GUARANTEED ACCURATE ANSWERS |VERIFIED

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ETS MAJOR FIELD

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ETS MAJOR FIELD

The common characteristic possessed by all assets is a) Long life b) Great monetary value c) Tangible nature d) Future economic benefit - ACCURATE ANSWERS d) Future economic benefit Which Foreign Direct Investment (FDI) attempts to acquire particular resources at a lower real cost than co...

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ETS MAJOR FIELD TEST EXAM
ETS MAJOR FIELD TEST EXAM WITH GUARANTEED ACCURATE ANSWERS |
VERIFIED

The common characteristic possessed by all assets is

a) Long life
b) Great monetary value
c) Tangible nature
d) Future economic benefit - ACCURATE ANSWERS✔✔ d) Future
economic benefit

Which Foreign Direct Investment (FDI) attempts to acquire particular
resources at a lower real cost than could be obtained in the home
country?

a) Market-seeking FDI

,b) Efficiency-seeking FDI
c) Resource-seeking FDI
d) Strategic asset-seeking FDI - ACCURATE ANSWERS✔✔ c)
Resource-seeking FDI

Under the Uniform Commercial Code (UCC) statute of frauds, which of
the following terms must be included in writing in order to satisfy the
writing requirement?

a) The price of the goods.
b) The quantity of the goods.
c) The signatures and names of the buyer and the seller
d) The time and place for delivery - ACCURATE ANSWERS✔✔ b) The
quantity of the goods

Which of the following is an appropriate Federal Reserve action to
stimulate the United States economy?

a) Selling government bonds on the open market
b) Increasing the discount rate
c) Reducing the reserve requirement
d) Cutting taxes - ACCURATE ANSWERS✔✔ c) Reducing the reserve
requirement

Which of the following is true with regard to an exculpatory clause?

,a) An exculpatory clause excuses one party from liability for his/her own
tortious conduct.

b) Where one party has a superior bargaining position that has enabled
him/her to impose an exculpatory clause upon the other, the courts are
inclined to nullify the provision.

c) An exculpatory clause may be unenforceable for unconscionability.

d) All of the above are true - ACCURATE ANSWERS✔✔ d) All of the
above are true

Managers at ABC, Inc. analyze the current situation of their organization
and then develop plans to help their organization to accomplish its
mission and achieve its goals. This is known as:

a) Synergy planning
b) Strategy formulation
c) Functional planning
d) SWOT analysis - ACCURATE ANSWERS✔✔ b) Strategy
formulation

A group that develops naturally as a result of employees' interaction
within an organization is referred to as

, a) an informal group
b) a formal group
c) a work-team group
d) a formation group - ACCURATE ANSWERS✔✔ a) an informal
group

When employees use email, word processors, electronic scheduling /
calendars, they are using which of the following?

a) Transaction processing systems
b) Process control systems
c) Office automation systems
d) Decision support systems - ACCURATE ANSWERS✔✔ c) Office
automation systems

A standard procedure for numerically measuring a project's progress,
forecasting its completion date and cost and providing measures of
schedule and budget variation as activities are completed is referred to as

a) program evaluation and review technique (PERT)
b) the critical path method (CPM)
c) a Gantt chart
d) earned value analysis (EVA) - ACCURATE ANSWERS✔✔ d) earned
value analysis (EVA)

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