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NOCTI Business |Authentic Exam
Questions With Verified Answers 2025
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
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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
8. The term for research to determine factors, conditions, and characteristics of a
market is-correct-answer-market analysis
28. Which of the following charts or diagrams is best used to help determine
possible root causes of the problems?-correct-answer-Fishbone
29. When a group is ___________ possible solutions for a problem, they should
record all comments and suggestions.-correct-answer-brainstorming
30. To be a good team leader, it is important to-correct-answer-recognize the
strengths of others
NOCTI Business |Authentic Exam
Questions With Verified Answers 2025
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
, 2|Page
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
8. The term for research to determine factors, conditions, and characteristics of a
market is-correct-answer-market analysis
28. Which of the following charts or diagrams is best used to help determine
possible root causes of the problems?-correct-answer-Fishbone
29. When a group is ___________ possible solutions for a problem, they should
record all comments and suggestions.-correct-answer-brainstorming
30. To be a good team leader, it is important to-correct-answer-recognize the
strengths of others
