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BUS - 1.01 -
Test Description: Wants and Needs - Goods and Services - Business Functions
Instructions: Answer all questions to get your test result.
1) Promoting, distribution, and pricing products are all classified as which type of function?
A
Management
B
Human Resources
C
Accounting
D
Marketing
2) What is a difference between consumers and customers?
A
Customers purchase goods and services
B
Consumers purchase goods and services
C
Costumers make goods and services cheap
D
Consumers make goods and services
3) What do wants and needs have in common?
A
Both needs and wants are things people use
B
Both needs and wants are goods
C
Both needs and wants are things people must have
D
Both needs and wants are services
4) Which is an example of an information technology function for a business?
A
E-mailing customers to ensure satisfaction
B
Processing paperwork for new employees
C
Test new computer software
D
Producing income statements
5) Which is an example of an information technology function for a business?
A
Hiring new employees
B
Determining products pricing
C
Paying employees
D
Monitoring computer networks
6) Which is an example of an accounting function for a business?
A
Preparing a balance sheet
B
Hiring employees
C
Designing print advertisements
D
Testing computer software
7) Which is an example of information technology function for a business?
A
Hiring New Employees
B
Maintaining Computers
C
Determining Price
D
Paying Employees
8) Which is an example of a marketing function for a business?
A
Preparing an organizational chart
B
Preparing an income statement
C
Preparing an advertisements for TV
D
Preparing a loading dock schedule
9) Which is an example of an account function for a business?
A
Re-stocking items in the warhouse
B
Obtaining new products to replace sold stock
C
Handling the payments made by custmoers
D
Scheduling delivery of purchased stock
10) Collecting money for customers, paying taxes and processing payroll checks are all classified as which type of cuntion?
A
Information Technology
B
Human Resources
C
Operations
D
Accounting
11) Maintaining email accounts, installing software applications and maintaining hardware are all classified as which type function.
A
Operations
B
Information Technology
C
Human Resources
D
Accounting
12) What is the difference between wants and needs?
A
Needs are nice to have, wants are necessary for survival
B
Needs are necessary for survival, wants are nice to have
C
Needs are good and wants are services
D
Needs are services and wants are goods
13) Ensuring that organization meets goals, and working with employees to accomplish organizational goals are both classified as which type of function?
A
Management
B
Marketing
C
Human Resource
D
Accounting
14) Hiring, firing, and managing the company benefits and education opportunities for employees are all classified as what type of function?
A
Information Technology
B
Human Resources
C
Operations
D
Accounting
15) Which is an example of marketing function for a business?
A
Creating a banner ad for the company website
B
Obtaining new products to replaces sold stock
C
Preparing income statements for the business
D
Interviewing potential sales employees
16) Which is an example of marketing functions for a business?
A
Producing payroll checks for all employees
B
Hiring new employees to fill vacanies in th ebusiness
C
Producing financial statements for the company
D
Placing products in strategic locations in the stores
*select an answer for all questions
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