1.A(n) ________ stock is issued by a young and expandingcompany and usually doesn’t pay a dividend.
a. blue chip
b. income
c. defensive
d. growth
2.A company’s budget outlines all of the following EXCEPT
a. staffing recommendations
b. planned cash flows
c. expected operating expenses
d. anticipated revenues
3.Bonds issued by state and local governments are called________.
a. municipal bonds
b. debenture bonds
c. treasury bonds
d. convertible bonds
4.Arwa is a marketing specialist who was hired by a United Statescompany with a branch in her native country of Turkey. Which of thefollowing is the LEAST likely reason her company hiredArwa?
a.Arwa benefitted from a company hiring program that recruitsminorities.
b. Arwa is fluent in English and Turkish.
c. Arwa spent a year at a university in the UnitedStates.
d. Arwa is familiar with a number of marketing technologies andservices.
5.American Girl, Inc. manufactures dolls with a variety of hair,eye, and skin colors as well as a variety of hair styles. Theconsumer is able to choose the combination of features that meetstheir need. The doll is then manufactured according to the customerrequirements. American Girl, Inc. must use________.
a. mass production
b. flexible production
c. mass customization
d. order management
6. Companies that provide a service do NOT need to be concernedwith efficient production processes.
a. false
b. true
7. Chief information officers do not get involved in creatingbusiness opportunities for their companies.
a. false
b. true
8. A food manufacturer doing market research on the possiblecustomer demand for a new fast food item is an example of________.
a. idea generation
b. idea screening
c. product development and concept testing
d. commercialization
9.Customer input and feedback have no effect on how companies shapetheir products.
a. false
b. true
10.As a financial manager, you decide to borrow funds in order tomeet payroll. Your company will pay back the funds within ninemonths. You are seeking ________ financing.
a. long-term
b. short-term
c. retained earnings
d. equity
11.A city fire department might consider an investment in roboticstechnology because ________.
a. it could relieve firefighters of certain dangeroustasks
b. it could allow the fire department to lay off fewerfirefighters
c. it could make the firefighters’ jobs morefulfilling
d. it could justify an increase in the annual departmentbudget
12. Data mining has proven to be a poor technique for improving theeffectiveness of a firm’s marketingstrategies.
a. false
b. true
13.A statement of cash flows is different than a balance sheet oran income statement because it does not reflect the amount ofincoming and outgoing transactions that have been recorded________.
a. on credit
b. by computer
c. on loan
d. below $100
14. Current Assets – Current Liabilities = ________Capital.
a. Working
b. Current
c. Equity
d. Ratio
15.Darcy is considering opening a factory near a small town inNorth Dakota. Of the factors listed, the MOST important factor sheshould consider is ________.
a. the number of qualified workers in thecommunity
b. the average level of education in thecommunity
c. the cost of living expenses within thecommunity
d. the weather patterns in the area
16.As a chief information officer, Bob looks for ways that hiscompany’s technological resources can generate bigger returns onits information technology investments. Which aspect of the CIO’srole is he addressing?
a. currency of systems
b. e-commerce
c. system design
d. budget
17.An automobile company stock can best be characterized as being a________ stock.
a. growth
b. cyclical
c. defensive
d. blue chip
18. A(n) ________ is a network that includes computers and otherdevices that are in close physical proximity to one another, forinstance, in one office building.
a. LAN
b. Extranet
c. VPN
d. VoIP
19.All of the following are degrees of brand loyalty EXCEPT brand________.
a. recognition
b. preference
c. insistence
d. license
20.A rising inflation rate increases the purchasing power ofmoney.
a. false
b. true
ScholarMatic: Explanation & Answer
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