PEREGRINE EXAM QUESTIONS &
UPDATED CORRECT ANSWERS
PASSED ALREADY GRADED A+
LATEST VERSION
Which of the following is NOT a strategic alternative to laying off employees? - Correct
Answer ✔✔ implementing a restricted hiring policy
downsizing the workforce
lowering employment standards
mandating reduced hours
Lowering Employment Standards
KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses
$10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25 of foie
gras in each taco. If he sells tacos at $475 each, what is his break-even quantity? -
Correct Answer ✔✔ 194,640
173,310
167,125
181,292
173,310
The Marketing Concept today is about what? - Correct Answer ✔✔ Sales
Relationships
Aggressive advertising
Price
Sales
Which of these is not a cash flow activity category in the Statement of cash flows? -
Correct Answer ✔✔ operating.
investing.
financing.
depreciating.
Depreciating
Which one of the following statements is false? - Correct Answer ✔✔ TC = TFC + TVC
ATC = AFC + AVC
AFC = TFC divided by Q
, MC = TC divided by Q
AFC = TFC divided by Q
The ratio that explains how efficiently companies use their assets to generate revenue. -
Correct Answer ✔✔ Receivables turnover ratio
Asset turnover ratio
Income ratio
Quick ratio
Asset Turnover Ratio
The sum of the squares total (SST) - Correct Answer ✔✔ measures the total variability
in X about the mean.
measures the total variability in Y about the mean.
measures the variability in X about the regression line.
measures the variability in Y about the regression line.
Measures the variability in Y about the regression line.
This strategy sacrifices responsiveness to local markets in favor of efficiency. Microsoft,
for example, offers the same software programs around the world but adjusts the
programs to match local languages. - Correct Answer ✔✔ Multinational strategy
Global strategy
Transnational strategy
Multidomestic strategy
Global
Another Time Around helps young inner city kids develop products they can make and
sell to earn money for college. What concept best describes this? - Correct Answer ✔✔
The marketing mix
Cause marketing
Benevolent advertising
A tax deduction
Corporate charitable marketing
None of the above.
cause marketing
Lauren is an HR manager at a marketing firm. Which of the following functions is
LEAST likely to be an aspect of Lauren's job? - Correct Answer ✔✔ Employee and
labor relations
Staffing
Employee staffing
Product testing
UPDATED CORRECT ANSWERS
PASSED ALREADY GRADED A+
LATEST VERSION
Which of the following is NOT a strategic alternative to laying off employees? - Correct
Answer ✔✔ implementing a restricted hiring policy
downsizing the workforce
lowering employment standards
mandating reduced hours
Lowering Employment Standards
KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses
$10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25 of foie
gras in each taco. If he sells tacos at $475 each, what is his break-even quantity? -
Correct Answer ✔✔ 194,640
173,310
167,125
181,292
173,310
The Marketing Concept today is about what? - Correct Answer ✔✔ Sales
Relationships
Aggressive advertising
Price
Sales
Which of these is not a cash flow activity category in the Statement of cash flows? -
Correct Answer ✔✔ operating.
investing.
financing.
depreciating.
Depreciating
Which one of the following statements is false? - Correct Answer ✔✔ TC = TFC + TVC
ATC = AFC + AVC
AFC = TFC divided by Q
, MC = TC divided by Q
AFC = TFC divided by Q
The ratio that explains how efficiently companies use their assets to generate revenue. -
Correct Answer ✔✔ Receivables turnover ratio
Asset turnover ratio
Income ratio
Quick ratio
Asset Turnover Ratio
The sum of the squares total (SST) - Correct Answer ✔✔ measures the total variability
in X about the mean.
measures the total variability in Y about the mean.
measures the variability in X about the regression line.
measures the variability in Y about the regression line.
Measures the variability in Y about the regression line.
This strategy sacrifices responsiveness to local markets in favor of efficiency. Microsoft,
for example, offers the same software programs around the world but adjusts the
programs to match local languages. - Correct Answer ✔✔ Multinational strategy
Global strategy
Transnational strategy
Multidomestic strategy
Global
Another Time Around helps young inner city kids develop products they can make and
sell to earn money for college. What concept best describes this? - Correct Answer ✔✔
The marketing mix
Cause marketing
Benevolent advertising
A tax deduction
Corporate charitable marketing
None of the above.
cause marketing
Lauren is an HR manager at a marketing firm. Which of the following functions is
LEAST likely to be an aspect of Lauren's job? - Correct Answer ✔✔ Employee and
labor relations
Staffing
Employee staffing
Product testing
