Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
Preparing a public offering involves ________.
A) issuing corporate bonds to the employees of the firm
B) hiring a public accounting firm to serve as auditor
C) hiring a private company as a proxy firm
D) raising $1 million as a security deposit to the SEC
E) engaging in collective bargaining with the employees
Which of the following is a disadvantage of product placement?
A) It cannot get around viewers' advertising filters.
B) It is predictable.
C) It provides extensive choice of vehicles.
D) It has less scope for visibility in the right program.
E) Its effectiveness is linked to the popularity of the programming.
Which of the following is TRUE about Frederick W. Taylor's scientific management
approach?
A) It consists of a model in which a person's needs are arranged in a hierarchy, with the
most basic needs at the bottom and the more advanced needs toward the top.
B) It refers to the managerial assumption that employees are irresponsible, unambitious,
and dislike work; therefore, managers must use force, control, or threats to motivate
them.
C) It is an approach that divides motivational forces into satisfiers and dissatisfiers.
D) It highlighted subjective motivational elements, such as opportunities for personal
satisfaction.
E) It involved analyzing work and business processes in order to improve employees'
efficiency.
In a(n) ________, employees aren't required to join the union but must pay the
equivalent of union dues.
A) closed shop
B) open shop
C) agency shop
D) union shop
E) permanent shop
The chief downside of trade allowances is that they can lead to ________, in which the
retailer buys a large quantity of a product when the price is low, thus reducing the
producer's profit in the long run.
A) push marketing
B) forward buying
C) slotting allowances
D) viral marketing
E) pull strategies
Duromart is an American multinational retailer corporation that runs chains of large
discount department stores and warehouse stores. Which of the following actions of
Duromart is an example of availing short-term credit?
A) The company issues bonds with a face value of $10 to raise money.
B) The company issues debentures that offer 8 percent interest.
C) The company pledges its assets to obtain a mortgage loan.
D) The company opens a trade credit account with a major bank.
E) The company leases a plot of land that it owns to raise money.
________ refers to training workers to perform multiple jobs and rotating them through
these various jobs to combat boredom or burnout.
A) Job enrichment
B) Behavior modification
C) Cross-training
D) Job enlargement
E) Task significance
Due to understaffing in his department, Matthew has been working 60-hour weeks for
the last few months. As a result, he is both physically and emotionally exhausted.
Matthew is experiencing ________.
A) employee burnout
B) worker buyout
C) discrimination
D) work-life balance
E) ergonomic stress
Which of the following statements is TRUE about job enlargement?
A) It is best described as vertically expanding jobs.
B) It involves training workers to perform multiple jobs.
C) It makes jobs more interesting by expanding the range of skills required.
D) It involves adding tasks that aren't necessarily more challenging.
E) It is a measure of how much employees care about the jobs they are doing.
Break-even analysis is a method of ________.
A) calculating the minimum sales needed to cover all costs
B) classifying the variable costs incurred by a firm
C) classifying the fixed costs incurred by a firm
D) balancing the costs and risks of a business
E) estimating the fixed costs required to minimize the operational costs
Rambo Footwear is a Chinese shoe manufacturing company. The company spends a
large amount to buy machinery for a new plant that it has set up. Instead of adding this
in the current year's expense the company's accounting spreads the cost over a period of
fifteen years. This accounting practice of spreading costs is called ________.
A) accrual basis
B) depreciation
C) amortization
D) cash basis
E) cash balancing
Who is the highest-ranked officer of a corporation?
A) chief information officer
B) chief financial officer
C) chief operating officer
D) chief executive officer
E) chief technology officer
Which of the following is a pricing method that allows customers to pay the amount
they think a product is worth?
A) cost-based pricing
B) participative pricing
C) penetration pricing
D) optimal pricing
E) value-based pricing
Transparency International is a(n) ________.
A) accounting agency that promotes the use of unified accounting systems across the
world
B) watchdog group that works to reduce business-government corruption around the
world
C) agency that works toward implementing protectionist regimes across the globe
D) agency of the United Nations that is formed to mediate international negotiations
E) agency of the United Nations that is formed to investigate transparency issues in
international trade
A group of employees in American Game Technology Inc., a manufacturer of gaming
machines, got together to arrange a paper recycling drive in the office. Though they
came from different departments, they shared a common belief in environmentalism,
and often discussed issues related to environmental conservation. This is an example of
________.
A) scapegoating
B) informal organization
C) groupthink
D) work specialization
E) emotional contagion
________ refers to a type of specialty store that focuses on specific products on a
massive scale and dominates retail sales in respective products categories.
A) Warehouse club
B) Department store
C) Category killer
D) Off-price store
E) Hypermarket
Which of the following is an example of a call option?
A) A purchased right that gives the right to buy a stock at a fixed price until an
expiration date
B) A contract to buy amounts of specified currency at some future date
C) A contract to sell a foreign currency for a set price without an expiration date
D) A contract to sell a treasury bond for a set price without an expiration date
E) A purchased right that gives the right to sell the stock at a fixed price until the
expiration date
In a ________, it is illegal for unions and employers to establish contracts that require
workers to join a union.
A) capital-neutral state
B) near-shoring state
C) common-market state
D) right-to-work state
E) union-security state
Preparing a business plan serves which of the following functions?
A) It assists the owners in preparing publicity releases for the business.
B) It helps persuade lenders and investors to finance the business.
C) It identifies sources of potential employees for the business.
D) It fulfills the requirements set forth by the Small Business Administration.
E) It meets licensing regulations established by the local government.
________ taxes are implemented, in part, to help control potentially harmful practices,
on selected items such as gasoline, tobacco, and liquor.
A) Income
B) Property
C) Sales
D) Excise
E) Payroll
Short selling refers to selling ________.
A) a stock at a price much above the market price
B) stocks partially from an investor's portfolio
C) stock borrowed from a broker
D) a contract to sell a product at a later date
E) a stock at a price much below the market price
________ refers to the efficiency with which an organization can convert inputs to
outputs.
A) Productivity
B) Sustainability
C) Security
D) Capacity
E) System value
