Question
67. Which of the following is an example of a businessperson making a business decision by analyzing financial data: A. William asks the staff accountant
67. Which of the following is an example of a businessperson making a business decision by analyzing financial data: A. William asks the staff accountant to prepare the company's profit-and-loss statement for next Tuesday's executive board meeting. B. After reviewing sales forecasts and income statements, Angela determines that the company has enough money to hire a new employee. C. Timothy obtains a copy of the business's credit rating report from a credit bureau. D. So she can prepare the company's tax return, Kate obtains the necessary financial documents and forms.
68. A financial analysis indicates that a small business's customer base and its profitability have steadily increased over the past six months. What decision is the business most likely to make with this information? A. Obtain a loan for equipment repairs C. Liquidate major assets B. Hire an additional salesperson D. Monitor industry trends
69. One of the procedures for orienting new employees often involves A. providing specialized training. C. developing a compensation package. B. reviewing previous education. D. scheduling a periodic review.
70. Overall, what does marketing allow us to do? A. Limit our spending C. Live our daily lives B. Stop buying online D. Feel better about shopping
71. Which of the following is a benefit that businesses receive from using the Internet: A. Easier use of satellite radio C. Faster connections with suppliers B. Improved methods of manufacturing D. The ability to call employees on the road
72. An advantage to a business that uses intranet capabilities is that it allows employees to share the business's information with A. customers. C. each other. B. competitors. D. former employees.
73. Ingrid is able to access information from her desktop publishing software, word-processing software, and spreadsheet software at the same time on her personal computer. This is an example of an operating system with __________ capabilities. A. multiprocessing C. multitasking B. multi-user D. multithreading
74. Melanie is putting a copy of each valuable business record in a building far away from her company. She is practicing which part of disaster planning? A. Establish a system for record keeping C. Keep potential lawsuits in mind B. Store information off site D. Computerize valuable business information
75. Which of the following is a type of business record that a firm can use to track its customers' buying habits: A. Forecast C. Marketing budget B. Invoice D. Annual report
76. A main reason that environmental scanning is important is so that businesses can be aware of A. foreign markets. C. competitors' internal environments. B. new products. D. potential threats.
77. Which of the following helps the operations function to control costs and increase productivity: A. Hiring of employees C. Type of management B. Use of technology D. Supply of money
78. Which of the following is one way that workplace accidents are costly to employees: A. Lost income C. Lost sales B. Lost production D. Lost profits
79. Who is usually responsible for planning a project? A. Project coordinator C. Project assistant B. Project scheduler D. Project managerr
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