FBLA Introduction to Business Exam Questions with Correct Answers
3 views 0 purchase
Course
FBLA Introduction to Business
Institution
FBLA Introduction To Business
FBLA Introduction to Business Exam Questions with Correct Answers
Which is NOT considered an aspect of technology? - Answer- inventors
Which was inspired by the invention of the telephone? - Answer- fax
What makes a cell phone different from a telephone? - Answer- cells are small computers
...
FBLA Introduction to Business
Exam Questions with Correct
Answers
Which is NOT considered an aspect of technology? - Answer- inventors
Which was inspired by the invention of the telephone? - Answer- fax
What makes a cell phone different from a telephone? - Answer- cells are small
computers
Anyone who uses a computer while working - Answer- e-workforce
a store that sells products in stores and online - Answer- click and mortar
Which types of products do other countries mostly buy from the U.S.? - Answer-
agricultural
When a country's currency is higher than another's, it has - Answer- more buying power
NAFTA - Answer- North American Free Trade Agreement
business that takes place within the borders of one state. - Answer- interstate
commerce
OSHA - Answer- Occupational Safety and Health Administration
formed by a small number of companies rather than just one. - Answer- oligopoly
best for keeping money in a financial institution for a short period. - Answer- checking
accounts
financial institutions that hold customers' funds in interest-bearing accounts and invest
mainly in mortgage loans. - Answer- saving and loan associations
firms sell stocks and bonds, but not loans. - Answer- brokerage firms
how many regional banks are there for the federal reserve - Answer- 12
, protecting investments through risk management. - Answer- financing
consists of four basic marketing strategies: product, place, price and promotion. -
Answer- marketing mix
Which is the final step in the process of developing a new product? - Answer- evaluating
customer response
main advertising medium used in the United States. - Answer- newspapers
advertisers to reach a specific target market. - Answer- direct mail
appears mostly in phone books. - Answer- directory advertising
mount of money it costs to display or broadcast an ad - Answer- advertising cost
Which is NOT something upon which the cost of Internet ads is based? - Answer-
placement
Which is usually NOT included in a job description? - Answer- salary
amount of money paid to an employee on an hourly basis. - Answer- wage
someone who comments on a job applicant's character and qualifications for a job. -
Answer- reference
process of helping new employees adjust to a company. - Answer- orientation
teaching several employees in a class. - Answer- group training
To market products successfully in another country, companies must research the
country's - Answer- language, customs, tastes
conduct that is considered socially acceptable in business. - Answer- Business etiquette
usually has one person at the top who makes all the decisions. - Answer- hierarchy
identify people by a single trait, rather than as individuals - Answer- stereotype
money used to pay for the various assets and expenses of a new venture or business. -
Answer- start up captial
systematic process of recording and reporting the financial position of a person or
organization. - Answer- accounting
total amount of money owed to a business - Answer- accounts receivable
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
