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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
Marketing
B
Human Resources
C
Accounting
D
Management
2) What is a difference between consumers and customers?
A
Consumers make goods and services
B
Costumers make goods and services cheap
C
Customers purchase goods and services
D
Consumers purchase goods and services
3) What do wants and needs have in common?
A
Both needs and wants are things people must have
B
Both needs and wants are things people use
C
Both needs and wants are services
D
Both needs and wants are goods
4) Which is an example of an information technology function for a business?
A
Processing paperwork for new employees
B
Test new computer software
C
E-mailing customers to ensure satisfaction
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
Hiring employees
B
Testing computer software
C
Designing print advertisements
D
Preparing a balance sheet
7) Which is an example of information technology function for a business?
A
Paying Employees
B
Maintaining Computers
C
Hiring New Employees
D
Determining Price
8) Which is an example of a marketing function for a business?
A
Preparing an organizational chart
B
Preparing an advertisements for TV
C
Preparing an income statement
D
Preparing a loading dock schedule
9) Which is an example of an account function for a business?
A
Handling the payments made by custmoers
B
Scheduling delivery of purchased stock
C
Re-stocking items in the warhouse
D
Obtaining new products to replace sold stock
10) Collecting money for customers, paying taxes and processing payroll checks are all classified as which type of cuntion?
A
Operations
B
Accounting
C
Human Resources
D
Information Technology
11) Maintaining email accounts, installing software applications and maintaining hardware are all classified as which type function.
A
Human Resources
B
Operations
C
Information Technology
D
Accounting
12) 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 services and wants are goods
D
Needs are nice to have, wants are necessary for survival
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
Accounting
C
Marketing
D
Human Resource
14) 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
Operations
D
Information Technology
15) Which is an example of marketing function for a business?
A
Obtaining new products to replaces sold stock
B
Creating a banner ad for the company website
C
Interviewing potential sales employees
D
Preparing income statements for the business
16) Which is an example of marketing functions for a business?
A
Hiring new employees to fill vacanies in th ebusiness
B
Producing payroll checks for all employees
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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