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