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Business Management Fall Final Exam Review 3
Test Description: Review for the fall final exam
Instructions: Answer all questions to get your test result.
1) The type of power that is based on the ability to control rewards and punishments is called:
A
Identity power
B
Position power
C
Expert power
D
Reward power
2) The type of power that is given to people because others identify with and want to be accepted by them:
A
Expert power
B
Reward power
C
Position power
D
Identity power
3) In a situation where two or more people work together to create a better solution than either could alone is called:
A
Synergy
B
Win-win solution
C
All of these
D
Win-win situation
4) This occurs when an organization produces needed goods or services quickly and at a low cost:
A
Productivity
B
Effectiveness
C
All of these
D
Efficiency
5) What is business confidentiality?
A
A collection of principles and rules that define right and wrong
B
Keeping sensitive company information a secret
C
An established plan detailing ethics
D
An unethical activity
6) What are some problems that persist in Business today?
A
Environmental protection
B
Discrimination and ethical conduct
C
Crime and violence
D
All of these
7) Population is determined by:
A
Changes in addresses
B
Gross Domestic Product
C
None of these
D
Birth rate
8) Labor force means:
A
People aged 16+ who are available for work whether employed or unemployed
B
The % of the work force that is either employed or actively seeking employment
C
A company that helps people find jobs
D
The strength of the people working
9) The % of Americans that live in poverty are:
A
5-7%
B
10-15%
C
12-15%
D
No Americans live in poverty
10) Comparable worth means:
A
Equal pay for identical job requirements for men and women
B
Equal pay for similar but not identical job requirements
C
None of these
D
An invisible barrier to job advancement
*select an answer for all questions
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