Business Test Bank

1. In the PEST model of the business environment, the “S” represents which of the following concepts? a. stability b. standards c. stakeholders d. social ANSWER: d 2. A set of moral standards for judging whether something is right or wrong is referred to as which of the following? a. beliefs b. ideals c. standards d. ethics ANSWER: d 3. Which of the following environmental factors is the most difficult for owners and managers to forecast, influ...

Chapter 3 Emphasizing Informal Institutions Cultures Ethics and Norms TRUEFALSE 1. According to the institution-based view, informal institutions must be sought when formal institutions fail. (A) True (B) False Answer : (A) 2. The cultural norms of a country is an example of an informal institution. (A) True (B) False Answer : (A) 3. Informal institutions are based on the rules and legal systems of an economy. (A) True (B) False Answer : (B) 4. Informal institutions are closely relat...

Applied Statistics in Business and Economics, 6e (Doane) Chapter 1 Overview of Statistics 1) Statistics is the science of collecting, organizing, analyzing, interpreting, and presenting data. Answer: TRUE Explanation: This is one of many good definitions of statistics. Difficulty: 1 Easy Topic: 01.01 What Is Statistics? Learning Objective: 01-01 Define statistics and explain some of its uses. Bloom's: Remember AACSB: Analytical Thinking Accessibility: Keyboard Navigation 2) Inferential ...

Chapter 1—THE NATURE AND SOURCES OF LAW TRUE/FALSE 1. The pattern of rules that society uses to control the conduct of individuals in their relationships is called law. ANS: T MSC: AACSBAnalytic 2. The law works to cause our society to operate in an inefficient manner. ANS: F MSC: AACSBAnalytic 3. Law is often defined as the body of principles that courts will enforce. ANS: T MSC: AACSBAnalytic 4. Jane asserts she has a legal right. Jane is really saying she has an obligation to perform...

An Introduction to Business Ethics, 6e (DesJardins) Chapter 1 Why Study Ethics? 1) Which of the following statements is decisive in determining whether or not to study business ethics? A) Business managers don't need to study ethics in order to know how to treat employees, shareowners, and customers. B) Business and ethics simply don't mix. In the final analysis, self-interest, represented by profit, overrides the interests of employees, customers, and communities. Opinion and sentiment get...

Chapter 01 - The Dynamics of Business and Economics True / False Questions 1. Products have tangible attributes only. FALSE Chapter 01 The Dynamics of Business and Economics Products can also be a service, which has intangible attributes. Blooms: Remember Difficulty: Easy Learning Objective: 01-01 Define basic concepts such as business, product, and profit. Topic: 01-02 The Nature of Business 2. The goal of business activities is to earn a profit. TRUE Without profit, businesses will...

1. An LP problem with a feasible region will have a. an optimal solution at some interior point. b. an optimal solution at some extreme point. c. an optimal solution only at the origin. d. an optimal solution at two interior points. ANSWER: b 2. Microsoft Excel contains a built-in optimizer called a. what-if engines. b. calculators. c. solvers. d. risk analyzers. ANSWER: c 3. Which type of spreadsheet cell represents the objective function in an LP model? a. Objective cell...

Chapter 03 The Diverse World of First-Century Judaism     
Multiple Choice Questions
  1. (p. 45) The "greatest" commandment, given by Yahweh in the Old Testament and Jesus in the New Testament, is to 
A. hate sin.
B. love yourself.
C. love others.
D. worship Yahweh exclusively.   2. (p. 45) The name of Israel's Deity, Yahweh, means 
A. "The Alpha and Omega."
B. "I Rule."
C. "I Am."
D. "The Holy One."   3. (p. 45) "Hallelujah" me...

Chapter 1 Contemporary Marketing 1) The American Marketing Association’s updated definition of marketing is a process that identifies a need and then offers a means of satisfying that need. Answer: FALSE Diff: 2 Type: TF Page Ref: 4 Skill: Recall LO: 8 2) Organizations that concentrate on what they are capable of producing follow a marketing orientation. Answer: FALSE Diff: 2 Type: TF Page Ref: 6 Skill: Recall LO: 3 3) An organization that focuses on selling more...

BASIC BUSINESS STATISTICS 13E MARK L. BERENSON - Test Bank