NOCTI Business Exam 2026 Questions
and Answers
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"? - Correct answer-there is
potential for increased profits
2. The North American Free Trade Agreement (NAFTA) created a free-trade area
for - Correct answer-Mexico, the US, and Canada
3. Two types of business partnerships are general and - Correct answer-Limited
4. The planning, pricing, promoting, and distribution of goods and services is
known as - Correct answer-marketing
5. The main purpose of an effective performance evaluation is to - Correct answer-
help workers develop their strengths and work on their weaknesses
6. A mission statement describes an organization's - Correct answer-purpose or
goal
7. The best way to motivate workers to do a good job is - Correct answer-providing
positive feedback to reinforce what they do correctly
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, 8. The term for research to determine factors, conditions, and characteristics of a
market is - Correct answer-market analysis
9. One difference between strategic and tactical planning is that strategic planning
tends to be - Correct answer-longer term and more broadly defined
10. Motivational praise from an employer should be specific and - Correct answer-
work related
11. To gain employee acceptance of new changes in an organization, the owner
should provide adequate training and - Correct answer-provide advance notice of
the new changes
12. Which of the following sentences is grammatically correct? - 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?
- Correct answer-$750 x 0.0125 = $9.38
14. According to the law of supply and demand, when high winds in Hawaii
damage the coffee plants, coffee will be - Correct answer-in short supply, therefore
higher in price
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
and Answers
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"? - Correct answer-there is
potential for increased profits
2. The North American Free Trade Agreement (NAFTA) created a free-trade area
for - Correct answer-Mexico, the US, and Canada
3. Two types of business partnerships are general and - Correct answer-Limited
4. The planning, pricing, promoting, and distribution of goods and services is
known as - Correct answer-marketing
5. The main purpose of an effective performance evaluation is to - Correct answer-
help workers develop their strengths and work on their weaknesses
6. A mission statement describes an organization's - Correct answer-purpose or
goal
7. The best way to motivate workers to do a good job is - Correct answer-providing
positive feedback to reinforce what they do correctly
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, 8. The term for research to determine factors, conditions, and characteristics of a
market is - Correct answer-market analysis
9. One difference between strategic and tactical planning is that strategic planning
tends to be - Correct answer-longer term and more broadly defined
10. Motivational praise from an employer should be specific and - Correct answer-
work related
11. To gain employee acceptance of new changes in an organization, the owner
should provide adequate training and - Correct answer-provide advance notice of
the new changes
12. Which of the following sentences is grammatically correct? - 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?
- Correct answer-$750 x 0.0125 = $9.38
14. According to the law of supply and demand, when high winds in Hawaii
damage the coffee plants, coffee will be - Correct answer-in short supply, therefore
higher in price
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
