3.01 business quiz Flashcards

1
Q

Franco’s Bread Shop is introducing a new type of sandwich bread to the community this week. Which of the following describes the business activity that the bread shop will likely partake in before the release:

A

Promoting the new bread through advertising

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2
Q

Which of the following activities demonstrates the primary business activity of marketing:

A

The business meets customers’ needs by offering appropriate products

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3
Q

Which of the following behaviors best describes the primary business activity of operations:

A

Producing goods and services

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4
Q

Which of the following behaviors demonstrates the primary business activity of strategic management:

A

Planning and organizing for the future

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5
Q

Janelle’s Creative Supplies is opening an additional location on the other side of town. To successfully operate the new location, Janelle primarily needs

A

Additional employees

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6
Q

Which of the following activities demonstrates information management:

A

Storing and retrieving information

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7
Q

A business can be described as a(n)

A

Organized effort to produce goods and services

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8
Q

Which of the following activities demonstrates human resources management:

A

The business takes care of the responsibilities associated with having employees

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9
Q

TeJuan’s Fishing Shack demonstrates effective information management by

A

Accessing a list of fishing equipment appropriate for a particular customer

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10
Q

Which of the following represents a primary business activity:

A

Marketing

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11
Q

A business that exists to fulfill a specific mission or undertaking is called a business.

A

Nonprofit

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12
Q

When the Pretty Pictures framing business underwent internal restructuring las year, how would its primary business activities have reacted?

A

They adjusted according to the internal changes

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13
Q

Making sure that a business has enough of a product in stock without having too much on hand is the goal of

A

Inventory management

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14
Q

Every business must accomplish which of the following:

A

Produce or provide goods/services

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15
Q

When Caring Companions and Smiling Pets merged two years ago, what was the most likely effect on the primary business activities of both companies?

A

Each primary business activity combines with the matching activity of the other firm

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16
Q

Financial analysis occurs when a business

A

Keeps accurate expense records

17
Q

An example of performing business activities in an “out of ordinary” way is when business

A

Hires an outside firm to perform its marketing

18
Q

Within a local pizza ship, financial analysis is most likely used to

A

Obtain funding for supplies

19
Q

Which of the following demonstrates the interrelationship among primary business activities:

A

One business activity changes, so the others must adjust

20
Q

For the long-term success of the business, Stacey’s Coffee House has decided to add a self-serve laundromat. Which of the following Behaviors describes the business activity that Stacey’s Coffee House was likely engaged in before making this decision:

A

Determining what will put it in reach of its goals

21
Q

For the long-term success of the business, Stacey’s Coffee House has decided to add a self-serve laundromat. Which of the following Behaviors describes the business activity that Stacey’s Coffee House was likely engaged in before making this decision:

A

Determining what will put it in reach of its goals