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ETS MFT BUSINESS EXAM WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED ANSWERS |FREQUENTLY TESTED QUESTIONS AND SOLUTIONS |ALREADY GRADED A+|BRAND NEW VERSION!!! |GUARANTEED PASS |LATEST UPDATE $21.49
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ETS MFT BUSINESS EXAM WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED ANSWERS |FREQUENTLY TESTED QUESTIONS AND SOLUTIONS |ALREADY GRADED A+|BRAND NEW VERSION!!! |GUARANTEED PASS |LATEST UPDATE
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ETS MFT BUSINESS EXAM WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED ANSWERS |FREQUENTLY TESTED QUESTIONS AND SOLUTIONS |ALREADY GRADED A+|BRAND NEW VERSION!!! |GUARANTEED PASS |LATEST UPDATE

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  • September 23, 2024
  • 42
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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ETS MFT BUSINESS EXAM 2024-2025
WITH ACTUAL CORRECT QUESTIONS
AND VERIFIED DETAILED ANSWERS
|FREQUENTLY TESTED QUESTIONS AND
SOLUTIONS |ALREADY GRADED
A+|BRAND NEW VERSION!!!
|GUARANTEED PASS |LATEST UPDATE


Carefully dismantling and inspecting a competitor's product to look for design features that can be
incorporated into your own product is known as

a) concurrent design

b) design for manufacturability

c) benchmarking

d) reverse engineering

D

A SWOT analysis examines a company's

a) strategies, weaknesses, opportunities, and threats

b) strengths, weaknesses, opportunities, and threats

c) strategies, weaknesses, opportunities, and tactical plans

d) strengths, weaknesses, operational plans, and threats

B



1|Page

,Saint Martin Hospital boasts one of the world's leading medical imaging programs. Its radiology
department specializes in the early detection of particularly serious forms of stomach, intestinal, and
colon cancer. The hospital plans to invest in a new system of digital medical imaging and image
transmission technologies that will enable its radiologists to view and evaluate intestinal scan results
from anywhere in the world.

With this investment, the hospital is attempting to overcome which of the constraints of services
marketing?

a) Inventory

b) Intangibility

c) Inconsistency

d) Inseparability

D

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

B

A company's buying center encompasses:

a) a representative from each department within an organization

b) only a gatekeeper and a buyer

c) everyone who is involved in any aspect of the buying process

d) an exclusive top-notch buying department

C

The degree to which a product meets pre-established standards is known as

a) conformance

2|Page

,b) performance

c) reliability

d) none of the above

A

The control of the money supply by the Federal Reserve System is known as

a) fiscal policy

b) supply-side policy

c) congressional policy

d) monetary policy

D

The economic entity assumption requires that the activities

a) Of different entities can be combined if all the entities are corporations

b) Must be reported to the Securities and Exchange Commission

c) Of a sole proprietorship cannot be distinguished from the personal economic events of its owners

d) Of an entity be kept separate from the activities of its owner

D

In general, as the order size increases,

a) ordering costs decrease and carrying costs increase

b) ordering costs increase and carrying costs decrease

c) both ordering and carrying costs increase

d) both ordering and carrying costs decrease

A

The essence of common law is:

a) its prospective nature.

3|Page

, b) the concept of stare decisis

c) its flexibility.

d) the plain meaning doctrine.

B

Natural Monopolies are characterized by...

a) Economies of Scale (Increasing returns to scale)

b) Constant Returns to Scale

c) Diseconomies of Scale (Decreasing returns to scale)

d) Non-existent returns to Scale

A

A company had sales of $920,000 and fixed costs were $160,000. What was the income from operations
if the contribution margin ratio was 30 percent?

a) $116,000

b) $276,000

c) $484,000

d) $644,000

A

The organizational buying process has more steps than the consumer buying process, which can be
attributed to:

a) the limited number of suppliers in the B2B marketplace

b) the importance of integrating the responsibilities of the wholesalers or retailers

c) interpersonal and environmental influences not seen in consumer buying decisions

d) business purchasing that introduces new complexities that do not affect consumers

D



4|Page

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