GEB 1011 Final Questions with 100% Correct
Answers
Nina submitted her résumé, prepared the demonstration, and studied the most-asked interview
questions, but was not sure she really wanted the position because it involved a lot of travel and
she had a small child. Niles prepared all of the paperwork, the presentation, studied the most-
asked interview questions, and practiced his presentation and answers until he had them
memorized and could present them smoothly. He really liked to travel and looked forward to the
higher pay and the ability to travel with someone else paying the costs. He feels confident he can
get the promotion and excel at it. Which of the following theories explains why it is most likely
that Niles rather than Nina will be granted the promotion?
expentancy theory
Refer to Sparkle Magazine. As a manager, Simone would have needed to apply all of the following
skills except which one?
Conceputal
Andre opened a fast-food restaurant on the corner of First and Elm Streets in a small town. He
named the restaurant Andre's Burgers. He offered one type of hamburger (a juicy homemade
hamburger), for which he designed a marketing mix for all the hamburger eaters in town. What
approach did he use in choosing a target market?
Undifferentiated
During the peak or prosperity stage of a nation's business cycle, businesses are reluctant to offer
new products and services.
False
, Sunisa received a special cash award for her perfect attendance record over the past two years. By
giving this reward, this company is practicing _______.
Positive reinforcement
Marketing managers at The Oatmeal estimate that they will be able to sell 250,000 units of their
Exploding Kittens board game in the upcoming year if the price is kept the same. In this situation,
250,000 is the _______ for Exploding Kittens games.
Market demand
When a sole proprietor dies, what legally becomes of the business?
It comes to an end unless the heirs take it over or sell it.
Some common pricing objectives include survival, profit maximization, market-share goals, and
status-quo pricing.
True
Some common pricing objectives include survival, profit maximization, market-share goals, and
status-quo pricing.
False
Refer to Chief Executive, Inc. A group of employees that participate together in outside activities
on the weekend would be considered a(n) _______ group.
Informal
However, she has also discovered that there is a great need for her company's products in the
education field and that this market is virtually untapped. Which of the following best describes
Indra's activities?
She is doing a SWOT analysis
Answers
Nina submitted her résumé, prepared the demonstration, and studied the most-asked interview
questions, but was not sure she really wanted the position because it involved a lot of travel and
she had a small child. Niles prepared all of the paperwork, the presentation, studied the most-
asked interview questions, and practiced his presentation and answers until he had them
memorized and could present them smoothly. He really liked to travel and looked forward to the
higher pay and the ability to travel with someone else paying the costs. He feels confident he can
get the promotion and excel at it. Which of the following theories explains why it is most likely
that Niles rather than Nina will be granted the promotion?
expentancy theory
Refer to Sparkle Magazine. As a manager, Simone would have needed to apply all of the following
skills except which one?
Conceputal
Andre opened a fast-food restaurant on the corner of First and Elm Streets in a small town. He
named the restaurant Andre's Burgers. He offered one type of hamburger (a juicy homemade
hamburger), for which he designed a marketing mix for all the hamburger eaters in town. What
approach did he use in choosing a target market?
Undifferentiated
During the peak or prosperity stage of a nation's business cycle, businesses are reluctant to offer
new products and services.
False
, Sunisa received a special cash award for her perfect attendance record over the past two years. By
giving this reward, this company is practicing _______.
Positive reinforcement
Marketing managers at The Oatmeal estimate that they will be able to sell 250,000 units of their
Exploding Kittens board game in the upcoming year if the price is kept the same. In this situation,
250,000 is the _______ for Exploding Kittens games.
Market demand
When a sole proprietor dies, what legally becomes of the business?
It comes to an end unless the heirs take it over or sell it.
Some common pricing objectives include survival, profit maximization, market-share goals, and
status-quo pricing.
True
Some common pricing objectives include survival, profit maximization, market-share goals, and
status-quo pricing.
False
Refer to Chief Executive, Inc. A group of employees that participate together in outside activities
on the weekend would be considered a(n) _______ group.
Informal
However, she has also discovered that there is a great need for her company's products in the
education field and that this market is virtually untapped. Which of the following best describes
Indra's activities?
She is doing a SWOT analysis
