ETS MAJOR FIELD TEST (PRACTICE
TEST): BACHELOR'S DEGREE IN
BUSINESS QUESTIONS AND
SOLUTIONS 100% QUARATEED PASS
The NPcommon NPcharacteristic NPpossessed NPby NPall NPassets NPis
NP
a) NPLong NPlife
b) NPGreat NPmonetary NPvalue
c) NPTangible NPnature
d) NPFuture NPeconomic NPbenefit NP- NPCorrect NP NPAnswer NP✔✔ NP- NPd) NPFuture
NPeconomic NPbenefit
Which NPForeign NPDirect NPInvestment NP(FDI) NPattempts NPto NPacquire NPparticular
NPresources NPat NPa NPlower NPreal NPcost NPthan NPcould NPbe NPobtained NPin NPthe
NPhome NPcountry?
NP
a) NPMarket-seeking NPFDI
b) NPEfficiency-seeking NPFDI
c) NPResource-seeking NPFDI
d) NPStrategic NPasset-seeking NPFDI NP- NPCorrect NP NPAnswer NP✔✔ NP- NPc)
NPResource-seeking NPFDI
Under NPthe NPUniform NPCommercial NPCode NP(UCC) NPstatute NPof NPfrauds, NPwhich
NPof NPthe NPfollowing NPterms NPmust NPbe NPincluded NPin NPwriting NPin NPorder NPto
NPsatisfy NPthe NPwriting NPrequirement?
NP
a) NPThe NPprice NPof NPthe NPgoods.
b) NPThe NPquantity NPof NPthe NPgoods.
c) NPThe NPsignatures NPand NPnames NPof NPthe NPbuyer NPand NPthe NPseller
d) NPThe NPtime NPand NPplace NPfor NPdelivery NP- NPCorrect NP NPAnswer NP✔✔ NP- NPb)
NPThe NPquantity NPof NPthe NPgoods
Which NPof NPthe NPfollowing NPis NPan NPappropriate NPFederal NPReserve NPaction NPto
NPstimulate NPthe NPUnited NPStates NPeconomy?
NP
a) NPSelling NPgovernment NPbonds NPon NPthe NPopen NPmarket
b) NPIncreasing NPthe NPdiscount NPrate
c) NPReducing NPthe NPreserve NPrequirement
d) NPCutting NPtaxes NP- NPCorrect NP NPAnswer NP✔✔ NP- NPc) NPReducing NPthe NPreserve
NPrequirement
,Which NPof NPthe NPfollowing NPis NPtrue NPwith NPregard NPto NPan NPexculpatory NPclause?
NP
a) NPAn NPexculpatory NPclause NPexcuses NPone NPparty NPfrom NPliability NPfor NPhis/her
NPown NPtortious NPconduct.
b) NPWhere NPone NPparty NPhas NPa NPsuperior NPbargaining NPposition NPthat NPhas
NPenabled NPhim/her NPto NPimpose NPan NPexculpatory NPclause NPupon NPthe NPother,
NPthe NPcourts NPare NPinclined NPto NPnullify NPthe NPprovision.
c) NPAn NPexculpatory NPclause NPmay NPbe NPunenforceable NPfor NPunconscionability.
d) NPAll NPof NPthe NPabove NPare NPtrue NP- NPCorrect NP NPAnswer NP✔✔ NP- NPd) NPAll NPof
NPthe NPabove NPare NPtrue
Managers NPat NPABC, NPInc. NPanalyze NPthe NPcurrent NPsituation NPof NPtheir
NPorganization NPand NPthen NPdevelop NPplans NPto NPhelp NPtheir NPorganization NPto
NPaccomplish NPits NPmission NPand NPachieve NPits NPgoals. NPThis NPis NPknown NPas:
NP
a) NPSynergy NPplanning
b) NPStrategy NPformulation
c) NPFunctional NPplanning
d) NPSWOT NPanalysis NP- NPCorrect NP NPAnswer NP✔✔ NP- NPb) NPStrategy NPformulation
A NPgroup NPthat NPdevelops NPnaturally NPas NPa NPresult NPof NPemployees' NPinteraction
NPwithin NPan NPorganization NPis NPreferred NPto NPas
NP
a) NPan NPinformal NPgroup
b) NPa NPformal NPgroup
c) NPa NPwork-team NPgroup
d) NPa NPformation NPgroup NP- NPCorrect NP NPAnswer NP✔✔ NP- NPa) NPan NPinformal
NPgroup
When NPemployees NPuse NPemail, NPword NPprocessors, NPelectronic NPscheduling NP/
NPcalendars, NPthey NPare NPusing NPwhich NPof NPthe NPfollowing?
NP
a) NPTransaction NPprocessing NPsystems
b) NPProcess NPcontrol NPsystems
c) NPOffice NPautomation NPsystems
d) NPDecision NPsupport NPsystems NP- NPCorrect NP NPAnswer NP✔✔ NP- NPc) NPOffice
NPautomation NPsystems
A NPstandard NPprocedure NPfor NPnumerically NPmeasuring NPa NPproject's NPprogress,
NPforecasting NPits NPcompletion NPdate NPand NPcost NPand NPproviding NPmeasures NPof
NPschedule NPand NPbudget NPvariation NPas NPactivities NPare NPcompleted NPis NPreferred
NPto NPas
NP
a) NPprogram NPevaluation NPand NPreview NPtechnique NP(PERT)
,b) NPthe NPcritical NPpath NPmethod NP(CPM)
c) NPa NPGantt NPchart
d) NPearned NPvalue NPanalysis NP(EVA) NP- NPCorrect NP NPAnswer NP✔✔ NP- NPd)
NPearned NPvalue NPanalysis NP(EVA)
High NPproduct NPdifferentiation NPis NPgenerally NPaccompanied NPby
a) NPhigher NPmarket NPshare
b) NPdecreased NPemphasis NPon NPcompetition NPbased NPon NPprice
c) NPhigher NPprofit NPmargins NPand NPlower NPcosts
d) NPsignificant NPeconomies NPof NPscale NP- NPCorrect NP NPAnswer NP✔✔ NP- NPb)
NPdecreased NPemphasis NPon NPcompetition NPbased NPon NPprice
The NPessence NPof NPcommon NPlaw NPis:
a) NPits NPprospective NPnature.
b) NPthe NPconcept NPof NPstare NPdecisis
c) NPits NPflexibility
d) NPthe NPplain NPmeaning NPdoctrine NP- NPCorrect NP NPAnswer NP✔✔ NP- NPb) NPthe
NPconcept NPof NPstare NPdecisis
The NPOrganization NPof NPthe NPPetroleum NPExporting NPCountries NP(OPEC) NPreduces
NPproduction NPby NP
10 NPpercent, NPand NPthe NPgrowth NPrate NPof NPthe NPworld NPeconomy NPbegins NPto
NPescalate. NPHow NPwill NPthe NP
simultaneous NPoccurrence NPof NPthese NPevents NPaffect NPthe NPequilibrium NPprice
NPand NPquantity NPin NPthe NPworld NP
petroleum NPmarket?
a) NPPrice NPwill NPincrease, NPbut NPquantity NPwill NPremain NPunchanged
b) NPPrice NPwill NPincrease, NPbut NPquantity NPis NPindeterminate
c) NPQuantity NPwill NPincrease, NPbut NPprice NPis NPindeterminate
d) NPBoth NPprice NPand NPquantity NPwill NPincrease NP- NPCorrect NP NPAnswer NP✔✔ NP-
NPb) NPPrice NPwill NPincrease, NPbut NPquantity NPis NPindeterminate
Within NPthe NPcontext NPof NPthe NPcapital NPasset NPpricing NPmodel NP(CAPM), NPthe
NPrisk NPmeasure NPknown NPas NPbeta NPis NPoften NPcomputed NPby NPregressing NPthe
NPreturn NPof NPthe NPcompany's NPstock NPagainst NPthe
a) NPreturn NPon NPthe NPcompany's NPbonds
b) NPreturn NPon NPthe NPmarket NPportfolio
c) NPchange NPin NPthe NPgross NPdomestic NPproduct
d) NPchange NPin NPthe NPconsumer NPprice NPindex NP- NPCorrect NP NPAnswer NP✔✔ NP-
NPb) NPreturn NPon NPthe NPmarket NPportfolio
, If NPthe NPspread NPbetween NPthe NPspot NPand NPforward NPexchange NPrates NPof NPtwo
NPcurrencies NPequals NPthe NPinterest NPrate NPdifference NPbetween NPthe NPtwo
NPcountries, NPthis NPphenomenon NPis NPreferred NPto NPas
a) NPpurchasing-power NPequality
b) NPcommodity NParbitrage
c) NPcurrency NPhedging
d) NPinterest-rate NPparity NP- NPCorrect NP NPAnswer NP✔✔ NP- NPd) NPinterest-rate NPparity
Douglass NPInteriors NPis NPconsidering NPtwo NPmutually NPexclusive NPprojects NPand
NPhave NPdetermined NPthat NPthe NPcrossover NPrate NPfor NPthese NPprojects NPis NP11.7
NPpercent. NPProject NPA NPhas NPan NPinternal NPrate NPof NPreturn NP(IRR) NPof NP15.3
NPpercent NPand NPProject NPB NPhas NPan NPIRR NPof NP16.5 NPpercent. NPGiven NPthis
NPinformation, NPwhich NPone NPof NPthe NPfollowing NPstatements NPis NPcorrect?
a) NPProject NPA NPshould NPbe NPaccepted NPas NPits NPIRR NPis NPcloser NPto NPthe
NPcrossover NPpoint NPthan NPis NPProject NPB's NPIRR.
b) NPProject NPB NPshould NPbe NPaccepted NPas NPit NPhas NPthe NPhigher NPIRR.
c) NPBoth NPprojects NPshould NPbe NPaccepted NPas NPboth NPof NPthe NPproject's NPIRRs
NPexceed NPthe NPcrossover NPrate.
d) NPNeither NPproject NPshould NPbe NPaccepted NPsince NPboth NPof NPthe NPproject's
NPIRRs NPexceed NPthe NPcrossover NPrate.
e) NPYou NPcannot NPdetermine NPwhich NPproject NPshould NPbe NPaccepted NPgiven NPthe
NPinformation NPprovided. NP- NPCorrect NP NPAnswer NP✔✔ NP- NPe) NPYou NPcannot
NPdetermine NPwhich NPproject NPshould NPbe NPaccepted NPgiven NPthe NPinformation
NPprovided.
A NPsmall NPnumber NPof NPpeople NPwith NPcomplementary NPskills NPwho NPare
NPcommitted NPto NPa NPcommon NPpurpose, NPa NPset NPof NPperformance NPgoals, NPand
NPan NPapproach NPfor NPwhich NPthey NPhold NPthemselves NPmutually NPaccountable NPis
NPreferred NPto NPas NPa
a) NPcommittee
b) NPtask NPforce
c) NPgroup
d) NPteam NP- NPCorrect NP NPAnswer NP✔✔ NP- NPd) NPteam
Manufacturing NPoverhead NPincludes:
a) NPall NPdirect NPmaterial, NPdirect NPlabor NPand NPadministrative NPcosts
b) NPall NPmanufacturing NPcosts NPexcept NPdirect NPlabor
TEST): BACHELOR'S DEGREE IN
BUSINESS QUESTIONS AND
SOLUTIONS 100% QUARATEED PASS
The NPcommon NPcharacteristic NPpossessed NPby NPall NPassets NPis
NP
a) NPLong NPlife
b) NPGreat NPmonetary NPvalue
c) NPTangible NPnature
d) NPFuture NPeconomic NPbenefit NP- NPCorrect NP NPAnswer NP✔✔ NP- NPd) NPFuture
NPeconomic NPbenefit
Which NPForeign NPDirect NPInvestment NP(FDI) NPattempts NPto NPacquire NPparticular
NPresources NPat NPa NPlower NPreal NPcost NPthan NPcould NPbe NPobtained NPin NPthe
NPhome NPcountry?
NP
a) NPMarket-seeking NPFDI
b) NPEfficiency-seeking NPFDI
c) NPResource-seeking NPFDI
d) NPStrategic NPasset-seeking NPFDI NP- NPCorrect NP NPAnswer NP✔✔ NP- NPc)
NPResource-seeking NPFDI
Under NPthe NPUniform NPCommercial NPCode NP(UCC) NPstatute NPof NPfrauds, NPwhich
NPof NPthe NPfollowing NPterms NPmust NPbe NPincluded NPin NPwriting NPin NPorder NPto
NPsatisfy NPthe NPwriting NPrequirement?
NP
a) NPThe NPprice NPof NPthe NPgoods.
b) NPThe NPquantity NPof NPthe NPgoods.
c) NPThe NPsignatures NPand NPnames NPof NPthe NPbuyer NPand NPthe NPseller
d) NPThe NPtime NPand NPplace NPfor NPdelivery NP- NPCorrect NP NPAnswer NP✔✔ NP- NPb)
NPThe NPquantity NPof NPthe NPgoods
Which NPof NPthe NPfollowing NPis NPan NPappropriate NPFederal NPReserve NPaction NPto
NPstimulate NPthe NPUnited NPStates NPeconomy?
NP
a) NPSelling NPgovernment NPbonds NPon NPthe NPopen NPmarket
b) NPIncreasing NPthe NPdiscount NPrate
c) NPReducing NPthe NPreserve NPrequirement
d) NPCutting NPtaxes NP- NPCorrect NP NPAnswer NP✔✔ NP- NPc) NPReducing NPthe NPreserve
NPrequirement
,Which NPof NPthe NPfollowing NPis NPtrue NPwith NPregard NPto NPan NPexculpatory NPclause?
NP
a) NPAn NPexculpatory NPclause NPexcuses NPone NPparty NPfrom NPliability NPfor NPhis/her
NPown NPtortious NPconduct.
b) NPWhere NPone NPparty NPhas NPa NPsuperior NPbargaining NPposition NPthat NPhas
NPenabled NPhim/her NPto NPimpose NPan NPexculpatory NPclause NPupon NPthe NPother,
NPthe NPcourts NPare NPinclined NPto NPnullify NPthe NPprovision.
c) NPAn NPexculpatory NPclause NPmay NPbe NPunenforceable NPfor NPunconscionability.
d) NPAll NPof NPthe NPabove NPare NPtrue NP- NPCorrect NP NPAnswer NP✔✔ NP- NPd) NPAll NPof
NPthe NPabove NPare NPtrue
Managers NPat NPABC, NPInc. NPanalyze NPthe NPcurrent NPsituation NPof NPtheir
NPorganization NPand NPthen NPdevelop NPplans NPto NPhelp NPtheir NPorganization NPto
NPaccomplish NPits NPmission NPand NPachieve NPits NPgoals. NPThis NPis NPknown NPas:
NP
a) NPSynergy NPplanning
b) NPStrategy NPformulation
c) NPFunctional NPplanning
d) NPSWOT NPanalysis NP- NPCorrect NP NPAnswer NP✔✔ NP- NPb) NPStrategy NPformulation
A NPgroup NPthat NPdevelops NPnaturally NPas NPa NPresult NPof NPemployees' NPinteraction
NPwithin NPan NPorganization NPis NPreferred NPto NPas
NP
a) NPan NPinformal NPgroup
b) NPa NPformal NPgroup
c) NPa NPwork-team NPgroup
d) NPa NPformation NPgroup NP- NPCorrect NP NPAnswer NP✔✔ NP- NPa) NPan NPinformal
NPgroup
When NPemployees NPuse NPemail, NPword NPprocessors, NPelectronic NPscheduling NP/
NPcalendars, NPthey NPare NPusing NPwhich NPof NPthe NPfollowing?
NP
a) NPTransaction NPprocessing NPsystems
b) NPProcess NPcontrol NPsystems
c) NPOffice NPautomation NPsystems
d) NPDecision NPsupport NPsystems NP- NPCorrect NP NPAnswer NP✔✔ NP- NPc) NPOffice
NPautomation NPsystems
A NPstandard NPprocedure NPfor NPnumerically NPmeasuring NPa NPproject's NPprogress,
NPforecasting NPits NPcompletion NPdate NPand NPcost NPand NPproviding NPmeasures NPof
NPschedule NPand NPbudget NPvariation NPas NPactivities NPare NPcompleted NPis NPreferred
NPto NPas
NP
a) NPprogram NPevaluation NPand NPreview NPtechnique NP(PERT)
,b) NPthe NPcritical NPpath NPmethod NP(CPM)
c) NPa NPGantt NPchart
d) NPearned NPvalue NPanalysis NP(EVA) NP- NPCorrect NP NPAnswer NP✔✔ NP- NPd)
NPearned NPvalue NPanalysis NP(EVA)
High NPproduct NPdifferentiation NPis NPgenerally NPaccompanied NPby
a) NPhigher NPmarket NPshare
b) NPdecreased NPemphasis NPon NPcompetition NPbased NPon NPprice
c) NPhigher NPprofit NPmargins NPand NPlower NPcosts
d) NPsignificant NPeconomies NPof NPscale NP- NPCorrect NP NPAnswer NP✔✔ NP- NPb)
NPdecreased NPemphasis NPon NPcompetition NPbased NPon NPprice
The NPessence NPof NPcommon NPlaw NPis:
a) NPits NPprospective NPnature.
b) NPthe NPconcept NPof NPstare NPdecisis
c) NPits NPflexibility
d) NPthe NPplain NPmeaning NPdoctrine NP- NPCorrect NP NPAnswer NP✔✔ NP- NPb) NPthe
NPconcept NPof NPstare NPdecisis
The NPOrganization NPof NPthe NPPetroleum NPExporting NPCountries NP(OPEC) NPreduces
NPproduction NPby NP
10 NPpercent, NPand NPthe NPgrowth NPrate NPof NPthe NPworld NPeconomy NPbegins NPto
NPescalate. NPHow NPwill NPthe NP
simultaneous NPoccurrence NPof NPthese NPevents NPaffect NPthe NPequilibrium NPprice
NPand NPquantity NPin NPthe NPworld NP
petroleum NPmarket?
a) NPPrice NPwill NPincrease, NPbut NPquantity NPwill NPremain NPunchanged
b) NPPrice NPwill NPincrease, NPbut NPquantity NPis NPindeterminate
c) NPQuantity NPwill NPincrease, NPbut NPprice NPis NPindeterminate
d) NPBoth NPprice NPand NPquantity NPwill NPincrease NP- NPCorrect NP NPAnswer NP✔✔ NP-
NPb) NPPrice NPwill NPincrease, NPbut NPquantity NPis NPindeterminate
Within NPthe NPcontext NPof NPthe NPcapital NPasset NPpricing NPmodel NP(CAPM), NPthe
NPrisk NPmeasure NPknown NPas NPbeta NPis NPoften NPcomputed NPby NPregressing NPthe
NPreturn NPof NPthe NPcompany's NPstock NPagainst NPthe
a) NPreturn NPon NPthe NPcompany's NPbonds
b) NPreturn NPon NPthe NPmarket NPportfolio
c) NPchange NPin NPthe NPgross NPdomestic NPproduct
d) NPchange NPin NPthe NPconsumer NPprice NPindex NP- NPCorrect NP NPAnswer NP✔✔ NP-
NPb) NPreturn NPon NPthe NPmarket NPportfolio
, If NPthe NPspread NPbetween NPthe NPspot NPand NPforward NPexchange NPrates NPof NPtwo
NPcurrencies NPequals NPthe NPinterest NPrate NPdifference NPbetween NPthe NPtwo
NPcountries, NPthis NPphenomenon NPis NPreferred NPto NPas
a) NPpurchasing-power NPequality
b) NPcommodity NParbitrage
c) NPcurrency NPhedging
d) NPinterest-rate NPparity NP- NPCorrect NP NPAnswer NP✔✔ NP- NPd) NPinterest-rate NPparity
Douglass NPInteriors NPis NPconsidering NPtwo NPmutually NPexclusive NPprojects NPand
NPhave NPdetermined NPthat NPthe NPcrossover NPrate NPfor NPthese NPprojects NPis NP11.7
NPpercent. NPProject NPA NPhas NPan NPinternal NPrate NPof NPreturn NP(IRR) NPof NP15.3
NPpercent NPand NPProject NPB NPhas NPan NPIRR NPof NP16.5 NPpercent. NPGiven NPthis
NPinformation, NPwhich NPone NPof NPthe NPfollowing NPstatements NPis NPcorrect?
a) NPProject NPA NPshould NPbe NPaccepted NPas NPits NPIRR NPis NPcloser NPto NPthe
NPcrossover NPpoint NPthan NPis NPProject NPB's NPIRR.
b) NPProject NPB NPshould NPbe NPaccepted NPas NPit NPhas NPthe NPhigher NPIRR.
c) NPBoth NPprojects NPshould NPbe NPaccepted NPas NPboth NPof NPthe NPproject's NPIRRs
NPexceed NPthe NPcrossover NPrate.
d) NPNeither NPproject NPshould NPbe NPaccepted NPsince NPboth NPof NPthe NPproject's
NPIRRs NPexceed NPthe NPcrossover NPrate.
e) NPYou NPcannot NPdetermine NPwhich NPproject NPshould NPbe NPaccepted NPgiven NPthe
NPinformation NPprovided. NP- NPCorrect NP NPAnswer NP✔✔ NP- NPe) NPYou NPcannot
NPdetermine NPwhich NPproject NPshould NPbe NPaccepted NPgiven NPthe NPinformation
NPprovided.
A NPsmall NPnumber NPof NPpeople NPwith NPcomplementary NPskills NPwho NPare
NPcommitted NPto NPa NPcommon NPpurpose, NPa NPset NPof NPperformance NPgoals, NPand
NPan NPapproach NPfor NPwhich NPthey NPhold NPthemselves NPmutually NPaccountable NPis
NPreferred NPto NPas NPa
a) NPcommittee
b) NPtask NPforce
c) NPgroup
d) NPteam NP- NPCorrect NP NPAnswer NP✔✔ NP- NPd) NPteam
Manufacturing NPoverhead NPincludes:
a) NPall NPdirect NPmaterial, NPdirect NPlabor NPand NPadministrative NPcosts
b) NPall NPmanufacturing NPcosts NPexcept NPdirect NPlabor
