BUS - 1.01 - Question Preview (ID: 31746)


Wants And Needs - Goods And Services - Business Functions. TEACHERS: click here for quick copy question ID numbers.

Promoting, distribution, and pricing products are all classified as which type of function?
a) Accounting
b) Human Resources
c) Management
d) Marketing

What is a difference between consumers and customers?
a) Consumers make goods and services
b) Consumers purchase goods and services
c) Costumers make goods and services cheap
d) Customers purchase goods and services

What do wants and needs have in common?
a) Both needs and wants are goods
b) Both needs and wants are services
c) Both needs and wants are things people must have
d) Both needs and wants are things people use

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) Producing income statements
d) Test new computer software

Which is an example of an information technology function for a business?
a) Determining products pricing
b) Hiring new employees
c) Monitoring computer networks
d) Paying employees

Which is an example of an accounting function for a business?
a) Designing print advertisements
b) Hiring employees
c) Preparing a balance sheet
d) Testing computer software

Which is an example of information technology function for a business?
a) Determining Price
b) Maintaining Computers
c) Hiring New Employees
d) Paying Employees

Which is an example of a marketing function for a business?
a) Preparing a loading dock schedule
b) Preparing an advertisements for TV
c) Preparing an income statement
d) Preparing an organizational chart

Which is an example of an account function for a business?
a) Handling the payments made by custmoers
b) Obtaining new products to replace sold stock
c) Re-stocking items in the warhouse
d) Scheduling delivery of purchased stock

Collecting money for customers, paying taxes and processing payroll checks are all classified as which type of cuntion?
a) Accounting
b) Human Resources
c) Information Technology
d) Operations

Maintaining email accounts, installing software applications and maintaining hardware are all classified as which type function.
a) Accounting
b) Human Resources
c) Information Technology
d) Operations

What is the difference between wants and needs?
a) Needs are good and wants are services
b) Needs are necessary for survival, wants are nice to have
c) Needs are nice to have, wants are necessary for survival
d) Needs are services and wants are goods

Ensuring that organization meets goals, and working with employees to accomplish organizational goals are both classified as which type of function?
a) Accounting
b) Human Resource
c) Management
d) Marketing

Hiring, firing, and managing the company benefits and education opportunities for employees are all classified as what type of function?
a) Accounting
b) Human Resources
c) Information Technology
d) Operations

Which is an example of marketing function for a business?
a) Creating a banner ad for the company website
b) Interviewing potential sales employees
c) Obtaining new products to replaces sold stock
d) Preparing income statements for the business

Which is an example of marketing functions for a business?
a) Hiring new employees to fill vacanies in th ebusiness
b) Placing products in strategic locations in the stores
c) Producing financial statements for the company
d) Producing payroll checks for all employees

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