Which of the following is a key benefit of the entry wedge of customer contracting?
A. Scale savings
B. Lower costs
C. Scope savings
D. Technology
Which of the following is a type of termination?
A. IPO
B. Workout
C. Pass off
D. Sell off
Which of the following is true of insurance coverages?
A. Vehicle liability insurance is mandated by the legislatures of all the states and
territories of the United States.
B. Workers’ compensation insurance is mandatory in all the states and territories of the
United States.
C. Industries and businesses that have frequent seasonal layoffs pay lower amounts of
unemployment premiums than do those that have stable employment.
D. A fixed amount of unemployment insurance is collected from all industries.
Mandarin In Town, a Chinese restaurant, opened recently in Burnsville, Minnesota.
People from all over the town flocked to Mandarin to find out how good it was. This
gave a big boost to the restaurant’s initial business, but it caused the other restaurants in
the area to lose business temporarily. The way in which Mandarin in Town hurt existing
restaurants in Burnsville is an example of:
A. creative destruction.
B. service distortion.
C. innovative disruption.
D. crowdsourcing.
Which of the following aspects of the SCAMPER tools involves searching for
opportunities that arise when a person gets rid of something or stops doing something?
A. Adapt
B. Eliminate
C. Rearrange
D. Modify
All of the following are reasons for the large numbers of home-based businesses in the
United States EXCEPT that:
A. the idea that a customer knows where the entrepreneur lives can be a point in favor
of trusting in the potential permanence of the firm.
B. it is inexpensive, since the owner’s residence is his or her office.
C. they generally give customers the strongest sense of legitimacy.
D. one can get their business going where he or she lives.
Which of the following practices should be adopted to ensure that a computer is kept
secure?
A. Writing down all your passwords where it’s easily accessible
B. Using the same password for long durations
C. Setting a PC to lock itself up after a few minutes of inactivity
D. Opening downloads from unexpected sources
Smart Home, a retailer for consumer electronics, sells a reputed brand’s desktops at near
cost price. These desktops are located at the end of the store so that the customers
notice the other products in the store before they pick the desktop. As a result the sales
of printers, USB devices, web cameras, and other electronic products in the store have
increased. This is an example for _____ pricing technique.
A. going rate
B. loss leaders
C. bundling
D. skimming
_____ are the terms included in the hidden portions of a web page which are used by
search engines to describe a website and evaluate its focus and category placement.
A. Domain names
B. Keywords
C. Search terms
D. Embeds
Which of the following types of legal fee does the attorney take a percentage of
recovery as his or her fee?
A. Statutory fee
B. Contingency fee
C. Flat fee
D. Hourly fee