Milestone Study Test Questions with 100% Correct Answers
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Course
Milestone
Institution
Milestone
Milestone Study Test Questions with 100% Correct Answers
A company created a line of cleaning products that uses natural ingredients instead of harsh synthetic chemicals.
What type of marketing below should the company use?
Green marketing
Green washing
Relationship marketing
Holistic ma...
Milestone Study Test Questions
with 100% Correct Answers
A company created a line of cleaning products that uses natural ingredients instead of
harsh synthetic chemicals.
What type of marketing below should the company use?
Green marketing
Green washing
Relationship marketing
Holistic marketing - Answer-Green marketing
Rita managed a group of financial advisors. She decided to let her employees set their
own goals for an appraisal period. She thought they would be more motivated to reach
goals they had defined for themselves.
Which theory below does this scenario illustrate?
Expectancy Theory
Goal Setting Theory
Management By Objectives
Participative Management and Empowerment - Answer-Participative Management and
Empowerment
Which of the following is an advantage of buying a franchise as an existing business,
instead of starting from scratch?
The ability to operate without pre-existing expectations from customers
The ability to use a well-known brand
Able to use own ideas for running the business
The ability to choose suppliers for the business - Answer-The ability to use a well-known
brand
Which of the following is defined as the commonly held beliefs, ideals and values within
an organization?
When an environmental group accused a local energy company of illegally dumping
waste in a river, the company spokesperson released a statement that defended the
energy company's actions by denying that they had any responsibility to keep the river
clean.
Which social responsibility stance below did the energy company take?
Which of the following products is likely considered to be in the growth phase of the
product life cycle?
Conventional cell phones, since most competition is leaving the market
Tablet devices, since customers are developing brand loyalty
DVD players, since sales have peaked
3D televisions, since few customers are aware of the product - Answer-Tablet devices,
since customers are developing brand loyalty
When a credit-worthy business takes on an unsecured, short term loan, which kind of
interest rate below will it likely be charged?
Discount rate
Prime percentage rate plus a percent
Annual percentage rate
Prime percentage rate - Answer-Prime percentage rate
Matt was the marketing manager for a sports team. He made choices based on his own
ideas and judgments and rarely accepted advice from his staff.
Which style of management below does Matt use?
Which of the following is true regarding risk management?
Large companies are more likely to require risk management plans.
Pure risk typically results in potential gains for an organization.
Speculative risks are usually associated with natural disasters.
Large and small companies need to manage issues with speculative risks. - Answer-
Large and small companies need to manage issues with speculative risks.
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