ACTUAL EXAM WITH A STUDY GUIDE
AND PRACTICE EXAM | GUARANTEED
PASS | LATEST UPDATE
Which of the following is NOT a strategic alternative to laying off employees? -
CORRECT ANSWER implementing a restricted hiring policy
downsizing the workforce
lowering employment standards
mandating reduced hours
Lowering Employment Standards
KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He
uses $10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25
of foie gras in each taco. If he sells tacos at $475 each, what is his break-even
quantity? - CORRECT ANSWER 194,640
173,310
167,125
181,292
173,310
The Marketing Concept today is about what? - CORRECT ANSWER Sales
Relationships
Aggressive advertising
Price
Sales
Which of these is not a cash flow activity category in the Statement of cash
flows? - CORRECT ANSWER operating.
,investing.
financing.
depreciating.
Depreciating
Which one of the following statements is false? - CORRECT ANSWER TC = TFC +
TVC
ATC = AFC + AVC
AFC = TFC divided by Q
MC = TC divided by Q
AFC = TFC divided by Q
The ratio that explains how efficiently companies use their assets to generate
revenue. - CORRECT ANSWER Receivables turnover ratio
Asset turnover ratio
Income ratio
Quick ratio
Asset Turnover Ratio
The sum of the squares total (SST) - CORRECT ANSWER measures the total
variability in X about the mean.
measures the total variability in Y about the mean.
measures the variability in X about the regression line.
measures the variability in Y about the regression line.
Measures the variability in Y about the regression line.
This strategy sacrifices responsiveness to local markets in favor of efficiency.
Microsoft, for example, offers the same software programs around the world
but adjusts the programs to match local languages. - CORRECT ANSWER
Multinational strategy
Global strategy
Transnational strategy
Multidomestic strategy
, Global
Another Time Around helps young inner city kids develop products they can
make and sell to earn money for college. What concept best describes this? -
CORRECT ANSWER The marketing mix
Cause marketing
Benevolent advertising
A tax deduction
Corporate charitable marketing
None of the above.
cause marketing
Lauren is an HR manager at a marketing firm. Which of the following functions is
LEAST likely to be an aspect of Lauren's job? - CORRECT ANSWER Employee
and labor relations
Staffing
Employee staffing
Product testing
Product Testing
Local area networks (LANs) are used to _____. - CORRECT ANSWER link
computers that are geographically far apart
provide communication services spanning several cities or states
connect various wide area networks in metropolitan areas
integrate services to a single building or campus
integrate services to a single building or campus
n June 2015, American steel companies United States Steel Corp., Nucor Corp.,
Steel Dynamics Inc., ArcelorMittal USA, AK Steel Corp., and California Steel
Industries filed a complaint with the Department of Commerce and the ITC
alleging that China (and other countries) were selling steel in the U.S. market at
prices lower than their own markets. This practice is known as - CORRECT
ANSWER Tacit collusion