BUNDLE - BUSINESS EXAMS

Business Exam Questions & Answers 2023/2024 what are the four functions of management and which is the first step in managing - ANSWER-planning(first step), organizing, leading and controlling activities that are designed to encourage teamwork and help employees buy into common goals are cal...

Intro to Business Exam 1 Questions & Answers 2023/2024 What is the primary focus of a profit organization? - ANSWER-To make a profit. What are the four functions of management? - ANSWER-Planning, organizing, controlling, and leading What are the factors of production used to make goods an...

Business EXAM QUESTIONS & ANSWERS 2023/2024 WHAT IS MANAGEMENT - ANSWER-THE ART OF GETTING THINGS DONE THROUGH THE EFFORTS OF OTHER PEOPLE. 3 MANAGERIAL ROLES - ANSWER-1. INTERPERSONAL (Figurehead, Leader, Provides information) 2. INFORMATIONAL (Monitor, Spokesperson, Processes information)...

business exam review questions & answers 2023/2024 the term for all the activities involved in developing and exchanging products - ANSWER-business the customer of a service is often called a - ANSWER-client anything that is bought or sold is called a - ANSWER-product customers who pur...

ETS Business Exam Study Guide Questions & Answers 2023/2024 Accounting: What costs should be considered when making non-routine decisions? (3) - ANSWER-The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - ANSWER-P...

Business- Exam 20 Questions & Answers 2023/2024 How do businesses affect communities? - ANSWER-Businesses affect communities by putting money into them. Taxes that businesses pay stay in the community and therefore benefit the little economy. Explain the difference between entrepreneurial re...

Business exam questions & answers 2023/2024 A $20 bill features which of the following on the reverse? - ANSWER-White House Money can be used to intermediate the exchange of goods and service. This describes which of the following basic functions of money? - ANSWER-Medium of exchange Whic...

General Business Exam Review Questions & Answers 2023/2024 Sole Proprietorship - ANSWER-A form of business ownership with a single owner who usually actively manages the company Partnership - ANSWER-A business in which two or more persons combine their assets and skills corporation - ANSW...

INTRODUCTION TO BUSINESS FINAL EXAM QUESTIONS & ANSWERS 2023/2024 A partnership with foreign country that can provide immediate market knowledge and access comedies risk and control over product attributes is a - ANSWER-Joint venture A reduction in value of a nations currency relative to the...

Semester 1 Business exam questions & answers 2023/2024

Business Exam #1 Questions & Answers 2023/2024 Free enterprise - ANSWER-the system of business in which individuals are free to decide what to produce, how to produce it, and at what price to sell it Free enterprise example - ANSWER-A can sell everything from televisions, toys, and tools to ...

INTRO. TO BUSINESS: EXAM #2 QUESTIONS & ANSWERS 2023/2024 Planning - ANSWER-Process of figuring out the future goals of a business and creating a strategy to achieve them Organizing - ANSWER-Determining a structure for both individual jobs and the overall organization Leading - ANSWER-Dir...

Intro to Business: Test 1 (Chapters 1, 2, 3, 4.) Questions & Answers 2023/2024 Business - ANSWER-Organization that provides goods or services to earn profits Profits - ANSWER-Difference between a business's revenues and its expenses External Environment - ANSWER-Everything outside and or...