NOCTI Business exam with answers

NOCTI Business exam with answers |\ |\ |\ |\




1. If a business conducts a SWOT analysis to decide
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whether or not to expand, which of the following would be
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categorized as an "O"? - CORRECT ANSWERS ✔✔there is
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potential for increased profits |\ |\ |\




2. The North American Free Trade Agreement (NAFTA)
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created a free-trade area for - CORRECT ANSWERS
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✔✔Mexico, the US, and Canada |\ |\ |\ |\




3. Two types of business partnerships are general and -
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CORRECT ANSWERS ✔✔Limited |\ |\




4. The planning, pricing, promoting, and distribution of
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goods and services is known as - CORRECT ANSWERS
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✔✔marketing


5. The main purpose of an effective performance
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evaluation is to - CORRECT ANSWERS ✔✔help workers
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develop their strengths and work on their weaknesses
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6. A mission statement describes an organization's -
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CORRECT ANSWERS ✔✔purpose or goal |\ |\ |\ |\

, 7. The best way to motivate workers to do a good job is -
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CORRECT ANSWERS ✔✔providing positive feedback to |\ |\ |\ |\ |\ |\



reinforce what they do correctly |\ |\ |\ |\




8. The term for research to determine factors, conditions,
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and characteristics of a market is - CORRECT ANSWERS
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✔✔market analysis |\




9. One difference between strategic and tactical planning
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is that strategic planning tends to be - CORRECT
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ANSWERS ✔✔longer term and more broadly defined |\ |\ |\ |\ |\ |\




10. Motivational praise from an employer should be
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specific and - CORRECT ANSWERS ✔✔work related
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11. To gain employee acceptance of new changes in an
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organization, the owner should provide adequate training |\ |\ |\ |\ |\ |\ |\



and - CORRECT ANSWERS ✔✔provide advance notice of
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the new changes
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12. Which of the following sentences is grammatically
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correct? - CORRECT ANSWERS ✔✔Ann missed the
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meeting because she was lying in bed with the flu.
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