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Intro To Business Management Final Exam Study Guide Frequently Tested Actual Questions With Correct Answers

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Intro To Business Management Final Exam Study Guide Frequently Tested Actual Questions With Correct Answers

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INTRO TO BUSINESS MANAGEMENT FINAL
EXAM STUDY GUIDE FREQUENTLY TESTED
ACTUAL QUESTIONS WITH CORRECT ANSWERS

Question 1.
A business owned by one person and is considered to be the simplest type of business ownership

ANSWER
Sole Proprietorship




Question 2.
generates revenue each time a user clicks on a link to a retailer's website

ANSWER
pay-per-click




Question 3.
are organized by specific function, such as marketing, finance, purchasing, information technology,
and human resources

ANSWER
Vertical organizations






, Question 4.
is software that can help managers analyze the financial state of the company, and provide insight
into key business issues.

ANSWER
Business Intelligence Software




Question 5.
designed to run firms in other countries out of business, designed to decrease trade wars between
countries, a deliberate attempt to artificially lower the value of a good or service.
ANSWER
Dumping is

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