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________ stocks tend to fare better when the economy is doing worse and vice versa.
A) Blue chip
B) Income
C) Penny
D) Cyclical
E) Defensive
An organization that doesn't have a conventional structure, but instead assembles talent
as needed from the open market, is called a(n) ________ organization.
A) unstructured
B) functional
C) informal
D) line-and-staff
E) line
Profits of sole proprietorships ________.
A) reach shareholders through intermediaries
B) flow directly to the owners
C) are considered fixed assets
D) are taxed at corporate rates
E) are subject to double taxation
When a manufacturer combines fabric, buttons, and zippers to create clothing, it creates
________.
A) time utility
B) form utility
C) place utility
D) value utility
E) possession utility
Large stores that carry a variety of products in multiple categories, such as clothing,
house wares, gifts, bedding, and furniture are termed as ________.
A) specialty stores
B) convenience stores
C) department stores
D) distributors
E) drop shippers
Authorization cards are ________.
A) cards signed by employees to indicate interest in having a union represent them
B) cards issued by employers to distinguish the members of a union
C) documents issued by unions to employees when awarding membership
D) cards issued by employers to the employees who are not part of any union
E) cards signed by employees to indicate that they have attended a union meeting
________ consists of the four key elements of marketing strategy: product, price,
distribution, and customer communication.
A) Positioning
B) Marketing mix
C) Social commerce
D) Market development
E) Product development
Nathan works as an adolescent and family counselor in a private school. He feels
motivated to come to work every day because he is acutely aware of the impact he has
on his clients. Being able to assist young people and their families through difficult
situations gives him a profound sense of satisfaction. According to the job
characteristics model, which of the following best describes Nathan's job?
A) It involves high extrinsic motivation.
B) It has high task significance.
C) It has low task identity.
D) It has low autonomy.
E) It requires low feedback.
________ refers to a written statement setting forth the principles that guide an
organization's decisions.
A) Code of ethics
B) Limited liability agreement
C) Employee procedure policy
D) Statement of sustainable development
E) Statement of corporate opportunity
A bear market is characterized by ________.
A) a long-term trend of stable stock prices
B) a long-term trend of rising stock prices
C) a short-term trend of volatile stock prices
D) a long-term trend of falling stock prices
E) a short-term trend of stable stock prices
________ are non-bank companies that use their own funds to offer mortgages.
A) Mortgage agencies
B) Mortgage brokers
C) Credit unions
D) Loan associations
E) Independent mortgage companies
In ________, behaviorally targeted ads follow users even as they move on to other Web
sites.
A) attack ads
B) advocacy advertising
C) cooperative advertising
D) remarketing
E) search engine marketing
________ is the process of influencing and motivating people to work willingly and
effectively toward common goals.
A) Organizing
B) Leading
C) Planning
D) Directing
E) Controlling
MaCton is a Chinese manufacturer of personal computers. The company decides to
extend its product line by adding two premium products that are priced much more than
the existing products. Identify the product-line expansion method that the company is
using.
A) brand extension
B) line filling
C) line extension
D) brand filling
E) line stretching
________ connects an employee's efforts to the outcome he or she thinks will result
from those efforts.
A) Maslow's hierarchy
B) Herzberg's two-factor theory
C) David McClelland's three needs theory
D) Expectancy theory
E) Equity theory
Which of the following is a key difference between a corporation and a sole
proprietorship?
A) Compared to establishing a proprietorship, establishing a corporation is easier.
B) Unlike a corporation, a proprietorship is subject to double taxation.
C) Regulatory requirements are less severe for corporations than sole proprietorships.
D) Unlike a sole proprietorship, a corporation is subject to limited liability.
E) Establishing a sole proprietorship has complex legal requirements unlike a
corporation.
Nick is the team lead of an eight-member team of loan originators at Cooper and Co., a
commercial real estate brokerage firm. He tends to focus on supporting the emotional
needs of his team members. He often organizes events such as baseball games and
movie nights to strengthen the social unity of his team. However, he often neglects to
complete specific tasks. He is most likely to be categorized under which of the
following team member roles?
A) authoritarian role
B) task-specialist role
C) nonparticipator role
D) dual role
E) socioemotional role
Brazil is said to have a(n) ________ in coffee beans because it can produce coffee
beans more efficiently than other countries.
A) credit advantage
B) balance of trade
C) trade surplus
D) trade deficit
E) comparative advantage
What is a 401(k) plan? How does it differ from an employee stock-ownership plan?
What are derivatives?
Compare and contrast lifestyle businesses with high-growth ventures.
Select twenty products of your choice. Classify these products as goods and services.
What is a conflict of interest? How is it related to ethical decision making?
Analyze the major postulates of the international financial reporting standards and
conduct a class discussion on its relevance.
Most employees of a manufacturing firm want to form a labor union. However, the
management is totally against the formation of a union and opposes it outright. In this
case, what can employees do?
