Nocti Business Practice questions with
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answers
Small businesses account for ____ of the U.S. gross
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domestic product each year. - CORRECT ANSWERS
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✔✔more than half |\ |\
Every business performs all of the following activities
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except - CORRECT ANSWERS ✔✔manufacturing products
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Totally new products that have never been seen by
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customers are often not introduced - CORRECT ANSWERS
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✔✔True
The rivalry among businesses to sell their goods and
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services is known as - CORRECT ANSWERS
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✔✔competition
Joint venture - CORRECT ANSWERS ✔✔an agreement
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between two or more companies to share a business
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project
, It's an investor can earn 6% on investment approximately
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how long will it take the investment to double in value -
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CORRECT ANSWERS ✔✔12 years |\ |\ |\
Workers who have good health are valuable company
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assets - CORRECT ANSWERS ✔✔True |\ |\ |\ |\
Of all new businesses..... - CORRECT ANSWERS ✔✔about
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one-third are profitable, one-third do not make a profit but
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continue to operate, and one-third lose money
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A recession often affects some groups of workers in
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related businesses. The drop in related businesses is
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called - CORRECT ANSWERS ✔✔ripple effect
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Generally a lack of competition will result in lower prices |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
for goods and services - CORRECT ANSWERS ✔✔False
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Rules about how businesses in there employees are to
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behave are called - CORRECT ANSWERS ✔✔Business code
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of ethics
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If a local business starts or recycle program this could be
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an example of the business being - CORRECT ANSWERS
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✔✔Socially responsible |\
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answers
Small businesses account for ____ of the U.S. gross
|\ |\ |\ |\ |\ |\ |\ |\ |\
domestic product each year. - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\
✔✔more than half |\ |\
Every business performs all of the following activities
|\ |\ |\ |\ |\ |\ |\ |\
except - CORRECT ANSWERS ✔✔manufacturing products
|\ |\ |\ |\ |\
Totally new products that have never been seen by
|\ |\ |\ |\ |\ |\ |\ |\ |\
customers are often not introduced - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\
✔✔True
The rivalry among businesses to sell their goods and
|\ |\ |\ |\ |\ |\ |\ |\ |\
services is known as - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\
✔✔competition
Joint venture - CORRECT ANSWERS ✔✔an agreement
|\ |\ |\ |\ |\ |\ |\
between two or more companies to share a business
|\ |\ |\ |\ |\ |\ |\ |\ |\
project
, It's an investor can earn 6% on investment approximately
|\ |\ |\ |\ |\ |\ |\ |\
how long will it take the investment to double in value -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔12 years |\ |\ |\
Workers who have good health are valuable company
|\ |\ |\ |\ |\ |\ |\ |\
assets - CORRECT ANSWERS ✔✔True |\ |\ |\ |\
Of all new businesses..... - CORRECT ANSWERS ✔✔about
|\ |\ |\ |\ |\ |\ |\ |\
one-third are profitable, one-third do not make a profit but
|\ |\ |\ |\ |\ |\ |\ |\ |\
continue to operate, and one-third lose money
|\ |\ |\ |\ |\ |\ |\
A recession often affects some groups of workers in
|\ |\ |\ |\ |\ |\ |\ |\ |\
related businesses. The drop in related businesses is
|\ |\ |\ |\ |\ |\ |\ |\
called - CORRECT ANSWERS ✔✔ripple effect
|\ |\ |\ |\ |\
Generally a lack of competition will result in lower prices |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
for goods and services - CORRECT ANSWERS ✔✔False
|\ |\ |\ |\ |\ |\ |\
Rules about how businesses in there employees are to
|\ |\ |\ |\ |\ |\ |\ |\ |\
behave are called - CORRECT ANSWERS ✔✔Business code
|\ |\ |\ |\ |\ |\ |\
of ethics
|\ |\
If a local business starts or recycle program this could be
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
an example of the business being - CORRECT ANSWERS
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✔✔Socially responsible |\
