NOCTI Business Actual Exam Questions And Revised Correct Answers | Updated

NOCTI Business Actual Exam Questions And Revised Correct Answers | Updated 1. If a business conducts a SWOT analysis to decide whether or not to expand, which of the following would be categorized as an "O"? - Answer -there is potential for increased profits 2. The North American Free Trade Agreement (NAFTA) created a free-trade area for - Answer -Mexico, the US, and Canada 3. Two types of business partnerships are general and - Answer -Limited 4. The planning, pricing, promoting, and distribution of goods and services is known as - Answer -marketing 5. The main purpose of an effective performance evaluation is to - Answer -help workers develop their strengths and work on their weaknesses 6. A mission statement describes an organization's - Answer -purpose or goal 7. The best way to motivate workers to do a good job is - Answer -providing positive feedback to reinforce what they do correctly 8. The term for research to determine factors, conditions, and characteristics of a market is - Answer -market analysis 9. One difference between strategic and tactical planning is that strategic planning tends to be - Answer -longer term and more broadly defined 10. Motivational praise from an employer should be specific and - Answer -work related 11. To gain employee acceptance of new changes in an organization, the owner should provide adequate training and - Answer -provide advance notice of the new changes 12. Which of the following sentences is grammatically correct? - Answer -Ann missed the meeting because she was lying in bed with the flu. 13. If a worker's gross pay is $750.00 and 1.25 percent of the worker's earnings are withheld for Medicare tax, what dollar amount of Medicare tax is being withheld? - Answer -$750 x 0.0125 = $9.38