Bussiness Princples and Managment questions?

Which of the following is used as an indicator of a nation"s economic wealth?
underground economy
a TQM chart
GDP
number of new business start-ups each year

The failure rate for non franchised businesses is higher than the failure rate for franchised businesses.
True
False

Offering employees the chance to purchase stock has been shown to increase productivity.
True
False

The demand for a product refers to
the number of similar products that will be offered for sale at a particular time and at a particular price
the number of similar products that will be bought at a given time at a given price
the price at which a product will sell most readily
the most competitive price for a product

Over half of all businesses fail within the first three years.
True
False
Commercial businesses engage in producing things.
True
False

In the United States, starting a small business
is subject to many government controls
is fairly easy
requires a physical facility
entails a large initial investmen

The quantity of products produced within a given time is known as
specialization
productivity
output
effectiveness

A profit-sharing program
raises worker productivity
raises funds for the company
always lowers overall profits
has no effect on effectiveness
What type of business produces goods that other businesses use to make things?
industrial

manufacturing
service
commercial

An example of the underground economy occurs when a parent gives a child $3 for doing a household chore.
True
False

What is one typical effect of re-engineering?
improved work flow
production delays
job confusion
more production steps

Wholesalers and retailers are classified as industrial types of businesses.
True
False
In return for payment of franchise fees, a franchisee is given
exclusive rights to sell the franchised product
a guaranteed profit
complete protection from business failure
absolute independence

The price of a product is determined primarily by
supply only
demand only
both supply and demand
competition

When workers become empowered, what happens to the quality of their work?
quality increases
quality decreases
quality remains about the same
none of the responses

The term ‘domestic goods’ refers to products made by firms in other countries.
True
False

Activities in the underground economy
are taxed at a lower rate
have decreased in relation to GDP
account for one-third of the GDP
are not taxed

Business owners must be well informed about the production and marketing activities rather than the financial activities of a business.
True
False

yup, you want to know what’s the true and false?
haha…
maybe the link can help you!

Microsoft Office 2010
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2 thoughts on “Bussiness Princples and Managment questions?”

  1. If you are a business student then you should be able to answer these questions. Do the work. You can do it. It’s not that difficult. Just make some effort. Talk to your instructor and your classmates.
    References :

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