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ETS MAJOR FIELD TEST MFT BUSINESS EXAM | ALL QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | VERIFIED ANSWERS | LATEST VERSION (JUST RELEASED) $25.99
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ETS MAJOR FIELD TEST MFT BUSINESS EXAM | ALL QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | VERIFIED ANSWERS | LATEST VERSION (JUST RELEASED)
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ETS MAJOR FIELD TEST MFT BUSINESS EXAM | ALL QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | VERIFIED ANSWERS | LATEST VERSION (JUST RELEASED)

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  • September 21, 2024
  • 55
  • 2024/2025
  • Exam (elaborations)
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ETS MAJOR FIELD TEST MFT BUSINESS EXAM |
ALL QUESTIONS AND CORRECT ANSWERS |
ALREADY GRADED A+ | VERIFIED ANSWERS |
LATEST VERSION (JUST RELEASED)
Fiedler proposes that all of the following determine whether a task- or
relationship-oriented style is more effective except:

a) Situational favorableness

b) Leader-member relations

c) Task structure

d) Position power ------CORRECT ANSWER---------------A



Which one of the following statements is correct given the following
exchange rates?

US $ per 1 foreign unit
Country FRI THU
South Africa 0.1028 0.1023
Thailand 0.0284 0.0286


a) On Thursday, one U.S. dollar was equal to 0.1023 South African rand.

b) On Friday, one Thai baht was equal to $35.21.

c) Both the South African rand and the Thai baht appreciated against the
U.S. dollar from Thursday to Friday.

d) The South African rand appreciated from Thursday to Friday against the
U.S. dollar.

,e) The U.S. dollar depreciated from Thursday to Friday against the Thai
baht. ------CORRECT ANSWER---------------D



Family branding refers to a group of

a) similar brands of products from different makers

b) different brands of products from different makers within the same
industry

c) different products marketed under a single brand name

d) similar products sold by small, family-owned firms ------CORRECT
ANSWER---------------C



A project has a net present value of zero. Which one of the following best
describes this project?

a) The project has a zero percent rate of return.

b) The project requires no initial cash investment.

c) The project has no cash flows.

d) The summation of all of the project's cash flows is zero.

e) The project's cash inflows equal its cash outflows in current dollar terms
------CORRECT ANSWER---------------E




What is the measure that indicates how precise a prediction of Y is based
on X or, conversely, how inaccurate the prediction might be?

a) Regression equation

,b) Slope of the line

c) Standard error of estimate

d) Least squares principle ------CORRECT ANSWER---------------C



An example of an unfair trade practice is:

a) EU Government policy prohibiting imports of U.S. Beef

b) EU prohibitions of Latin American bananas

c) US tariffs on European steel

d) All of the above ------CORRECT ANSWER---------------D



The channels of distribution create all of the following utilities EXCEPT

a) time

b) place

c) form

d) possession ------CORRECT ANSWER---------------C



Routine physical examinations are conducted annually as part of a health
service program for the employees. It was discovered that 8% of the
employees needed corrective shoes, 15% needed major dental work and
3% needed both corrective shoes and major dental work. What is the
probability that an employee selected at random will need either corrective
shoes or major dental work?

, a) 0.20

b) 0.25

c) 0.50

d) 1.00

e) None of the above ------CORRECT ANSWER---------------A



Sessler Manufacturers made two announcements concerning its common
stock today. First, the company announced that the next annual dividend
will be $1.75 a share. Secondly, all dividends after that will decrease by 1.5
percent annually. What is the maximum amount you should pay to
purchase a share of this stock today if you require a 14 percent rate of
return?

a) $11.29

b) $12.64

c) $13.27

d) $14.00

e) $14.21 ------CORRECT ANSWER---------------A



In ___________, provincial governments play a substantial role in trade
and investment regulation

a) China

b) Norway

c) Indonesia

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