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Exploring Business--Review
Test Description: This is a Review Guide
Instructions: Answer all questions to get your test result.
1) What is promotion?
A
Making consumers aware of your product through advertising
B
How goods/service are moved fromt he manufacturer
C
Determing what a company will receive in exchange for its product/service
2) Brining the checkbook into agreement with bank statement
A
Accounting
B
Accounting
C
Banking
D
Finance
3) Opeing a new account for customers
A
Accounting tasks
B
Accounting equation
C
Banking tasks
D
Finance tasks
4) What is an example of a middle-level manager
A
Deparment Heads
B
President
C
Coaches
D
Team Leaders
5) The first line managers
A
Carry out the decisions of top level management
B
Direct the day to day activites of operational employees
C
Plan for the future
D
Set goals
6) A business owned and operted by one person
A
Corporation
B
Franchise
C
Partnership
D
Sole Proprietorship
7) A business owned by stockholders and run by a CEO
A
Corporation
B
Sole Propretorship
C
Franchise
D
Partnership
8) The exchange of information between sender and receiver.
A
Speaking
B
Reading
C
Communiction
D
Writing
9) This type of business form is used to communicate with others in the same office
A
Reports
B
Business Letter
C
Memo
D
Email
10) This type of business form is used to complete projects
A
Reports
B
Email
C
Memo
D
Business Letter
*select an answer for all questions
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