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