Archives: Quiz

Entrepreneurship and Small Business Management, 2e (Mariotti) Chapter 3 Finding Opportunity in an Existing Business 1) It is ________ to buy a going concern for less than it would cost to start a similar company. A) Possible B) Impossible C) […]

25) The formula provided by the franchise does which of the following? A) Guarantees brand recognition B) Eases the issues of start-up development C) Ensures ongoing support D) Removes the creativity and freedom E) All of the above Learning Obj.: […]

Entrepreneurship and Small Business Management, 2e (Mariotti) Chapter 2 Franchising 1) Franchises are governed by ________ laws and regulations. A) State and federal B) State C) Federal D) International E) Federal and international Learning Obj.: LO 4 AACSB: Application of […]

25) Which of the following could be considered an internal opportunity? A) Changes in the buying habits of potential customers B) New technology C) New competition D) Foreclosure of homes in the United States E) An interest or hobby Learning […]

Entrepreneurship and Small Business Management, 2e (Mariotti) Chapter 1 Entrepreneurs Recognize Opportunities 1) Based on the idea of cost and benefits, which of the following activities is most beneficial? A) Playing video games B) Watching a PBS special about nature […]

34) The ________ stage of event planning should take place during each of the stages of the even planning process and is a final step that can measure the success of the event in meeting the goals and objectives. 34) […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The process of reaching an agreement on the terms and conditions that will govern an event or relationship between a client and […]

30) A large meeting that includes some type of exposition or trade show would be a: 30) A) convention B) clinic C) exposition D) symposium Answer: A Explanation: A) B) C) D) SHORT ANSWER. Write the word or phrase that […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A FAM trip is designed to: 1) A) for spouses attending a conference who have free time during meetings B) familiarize a […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The typical gaming guest exhibits all of the characteristics except: 1) A) high level of income B) often younger C) tend to […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Which of the following is NOT a Disney theme park? 1) A) Epcot B) Magic Kingdom C) Animal Kingdom D) Wild Kingdom […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) When joining a country club, a potential member may be required to pay ________ fee which may be refundable when the member […]

31) In the United States, premium wines are named after the: 31) A) grape variety B) estate owner C) vineyard D) viticultural area where grown Answer: A Explanation: A) B) C) D) 32) Still wines are those that: 32) A) […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The two most important qualities to consider when choosing an appropriate wine to pair with a dish are: 1) A) color and […]

31) In college campus foodservice, the daily rate refers to the amount of: 31) A) number of meal plans offered to students who live on campus B) student and faculty necessary to realize a profit each week, based on the […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) In–flight foodservice refers to: 1) A) chain restaurant foodservice establishments in airports B) airport kiosks C) food served onboard aircraft D) airport […]

32) Offering a guest something from the dessert tray, upselling, and table tents are known as ________. 32) Answer: suggestive selling Explanation: 33) A ________ is a trolley like cart with a burner used for cooking foods tableside. 33) Answer: […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) All products being delivered to a foodservice establishment should have a date stamp and be rotated using what common system: 1) A) […]

33) Good selection of menu items cooked to order from scratch using quality ingredients are characteristics of a ________ restaurant. 33) Answer: fine dining Explanation: 34) ________ allow companies to expand rapidly by using other peoples money. 34) Answer: Franchises […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Much of the growth in the pizza segment is due to: 1) A) opening new outlets in developing countries B) hiring expensive […]

37) Middle market cruise ships are stylish and comfortable and each vessel often has its own ________. 37) Answer: personality Explanation: 38) The highest ranking position on a cruise ship, receiving the most perks is the ________. 38) Answer: captain […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Air–cruise packages made cruising an option for many passengers because the packages: 1) A) were a marketing tool used by travel agents […]

35) The concierge association, which promotes high professional and ethical standards, is called: 35) A) Professional Association of Innkeepers International B) Chaine des rotisseurs C) International Concierge Association D) Les Clefs d’Or Answer: D Explanation: A) B) C) D) SHORT […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Room occupancy percentage (ROP) is determined by: 1) A) Total rooms occupied divided by total available rooms B) Total rooms occupied divided […]

30) Fairmont Hotels and Resorts are leaders in the sustainable lodging movement, also known as: 30) A) conservation lodging B) ethical responsibility C) business Lodging movement D) green lodging Answer: D Explanation: A) B) C) D) 31) Economy or budget […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Lighting can account for ________ to ________ percent of commercial electricity consumption 1) A) 30; 40 B) 40: 50 C) 20: 30 […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Nature tourism is motivated by: 1) A) the ability to participate in geocaching B) infrastructure using natural products C) the desire for […]

29) The largest travel corporation is: 29) A) Aladdin Travel B) Automobile Association of America C) American Express Travel Services D) Thomas Cook Travel Corporation Answer: C Explanation: A) B) C) D) 30) What organization backs the World Tourism Organization? […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) What association is the global organization that regulated almost all international airlines? 1) A) International Air Transportation Association B) World Bank C) […]

27) ________ are a set of moral principles and values that people use to answer questions about what is right or wrong. 27) Answer: Ethics Explanation: 28) A housekeeper cleaning a room, a server taking an order or an event […]

Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Which of the following is not part of the hospitality umbrella: 1) A) travel B) lodging C) recreation D) trucking Answer: D […]

7) Describe the main requirements of the Sarbanes-Oxley Act of 2002. AACSB Objective: Analytic Skills Author: JN Question Status: Previous Edition 17 Copyright © 2015 Pearson Education, Inc. Answer: 1. Strict limits on the amount of non-audit fees (consulting or […]

7) What are some of the negative efects of increasing the sensitivity of managerial pay to irm performance? AACSB Objective: Relective Thinking Skills Author: JN Question Status: Previous Edition 26.4 Managing Agency Conlict 1) Which of the following statements is […]

Fundamentals of Corporate Finance, 3e (Berk/DeMarzo/Harford) Chapter 26 Corporate Governance 26.1 Corporate Governance and Agency Costs 1) Which of the following statements is FALSE? A) The conlict of interest between managers and investors derives from the separation of ownership and […]

6) Which of the following statements regarding long-term supply contracts is FALSE? A) The market value of the contract at any point in time may not be easy to determine, making it diicult to track gains and losses. B) Long-term […]

Fundamentals of Corporate Finance, 3e (Berk/DeMarzo/Harford) Chapter 25 Insurance and Risk Management 25.1 Insurance 1) To insure their assets against hazards such as ire, storm damage, vandalism, earthquakes, and other natural and environmental risks irms commonly purchase ________. A) key […]

7) Should St. Martin lease the scanner or borrow the funds and buy the scanner? A) Buy the scanner; the NPV of the decision = $74,890.28. B) Buy the scanner; the NPV of the decision = $1,749,890.28 C) Lease the […]

Use the table for the question(s) below. Luther Industries currently has the following balance sheet (in Thousands of dollars): Assets Liabilities Cash $500 Debt $4,500 Property, Plant, and Equipment $7,000 Equity $3,000 Total Assets $7,500 Total Debt plus Equity $7,500 […]

Fundamentals of Corporate Finance, 3e (Berk/DeMarzo/Harford) Chapter 24 Leasing 24.1 The Basics of Leasing 1) Which of the following statements is FALSE? A) A lease is a contract between two parties: the lessee and the lessor. B) Most leases involve […]

12) After the Irish taxes are paid, the amount of the earnings before interest and after taxes in dollars from the Ireland operations is closest to ________. A) $5.1 million B) $20.5 million C) $35.6 million D) $29.5 million AACSB […]

4) Suppose the domestic cost of capital for a U.S.-based company is 9%. Also, the U.S. interest rate is 5% and the European interest rate is 5%. What is the foreign denominated cost of capital for the company? A) 7% […]

20) Firms use forward foreign exchange contracts rather than a cash-and-carry strategy because ________. A) of lower transaction costs B) of inability to borrow in diferent currencies C) of higher interest costs if credit quality is poor D) all of […]

Fundamentals of Corporate Finance, 3e (Berk/DeMarzo/Harford) Chapter 23 International Corporate Finance 23.1 Foreign Exchange 1) Even though a project may generate foreign currency cash lows, the irm cares about the home currency value of the project. AACSB Objective: Analytic Skills […]

< The term A in this equation refers to ________. A) the premerger, or standalone, value of the acquirer B) new shares to pay for the target C) the value of the synergies created by the merger D) the premerger […]

Fundamentals of Corporate Finance, 3e (Berk/DeMarzo/Harford) Chapter 22 Mergers and Acquisitions 22.1 Background and Historical Trends 1) The period of the ________ is known as the conglomerate wave because irms typically acquired irms in unrelated businesses. A) 1960s B) 1970s […]

15) For a(n) ________ put option, the longer the time to expiration, the greater the value of the option, all other things held constant. A) American B) European C) Asian D) A & B AACSB Objective: Analytic Skills Author: WC […]

18) An investor purchases a call option and its underlying stock on the same day. If the stock appreciates by 25%, the call option will appreciate by ________. A) more than 25% B) less than 25% C) exactly 25% D) […]

Use the table for the question(s) below. Consider the following information on options from the CBOE for Rackspace. RAX 30.09 +0.48 12/3/2010 Bid 30.07 Ask 30.09 Calls Last Sale Net Bid Ask Vol Open Int RAX 10 Dec 29 1.25 […]

Fundamentals of Corporate Finance, 3e (Berk/DeMarzo/Harford) Chapter 21 Option Applications and Corporate Finance 21.1 Option Basics 1) For every owner of a call option there is also an option writer, the person who takes the other side. AACSB Objective: Analytic […]

9) Carborundum Metals issues commercial paper with a face value of $1,000,000 and a maturity of three months. Carborundum receives net proceeds of $992,000 when it sells the paper. If the prime rate is 8% APR compounded quarterly, how much […]