bus. 110 exam 2026 Questions and
Answers
a(n) _____ identifies a product that carries a wholesale or retail label instead of
being linked to a manufacturer - Correct answer-private brand
_________ are those typically purchased only after the buyer has compared
competing products at rival stores - Correct answer-shopping products
_______ refers to the stages a product goes through when it enters and leaves the
market - Correct answer-product life cycle
A(n) _____ is a group of related products marked by physical similarities or
intended for a similar market - Correct answer-product line
Credit union and NOW accounts are examples of - Correct answer-demand deposit
funds obtained through borrowing are _____ - Correct answer-debt capital
The technique of increasing the rate of return on an investment by financing it with
borrowed funds is called ______ - Correct answer-leverage
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, The most important function of the Federal Reserve is _____ - Correct answer-
monetary policy
The _____ is usually a company's chief accounting manager - Correct answer-
controller
_____ are short-term securities that are considered virtually risk-free and easy to
resell - Correct answer-treasury bills
Products purchased only after the consumer has compared competing products in
competing stores on the basis of price, quality,style and color would be classified
as ___ - Correct answer-shopping products
Breakfast cereal producers have kept developing new markets using segmented
sales programs. AT which stage do they try to keep the products? - Correct answer-
maturity stage
the new product development stage that deals with the elimination of ideas that do
not mesh with overall company objective is - Correct answer-screening
Deshauna is assessing a new product's potential sales and competitive strengths,
and will obtain initial consumer reaction before the product is sold. Deshauna is in
what stage of product development? - Correct answer-concept development and
business analysis
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
Answers
a(n) _____ identifies a product that carries a wholesale or retail label instead of
being linked to a manufacturer - Correct answer-private brand
_________ are those typically purchased only after the buyer has compared
competing products at rival stores - Correct answer-shopping products
_______ refers to the stages a product goes through when it enters and leaves the
market - Correct answer-product life cycle
A(n) _____ is a group of related products marked by physical similarities or
intended for a similar market - Correct answer-product line
Credit union and NOW accounts are examples of - Correct answer-demand deposit
funds obtained through borrowing are _____ - Correct answer-debt capital
The technique of increasing the rate of return on an investment by financing it with
borrowed funds is called ______ - Correct answer-leverage
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, The most important function of the Federal Reserve is _____ - Correct answer-
monetary policy
The _____ is usually a company's chief accounting manager - Correct answer-
controller
_____ are short-term securities that are considered virtually risk-free and easy to
resell - Correct answer-treasury bills
Products purchased only after the consumer has compared competing products in
competing stores on the basis of price, quality,style and color would be classified
as ___ - Correct answer-shopping products
Breakfast cereal producers have kept developing new markets using segmented
sales programs. AT which stage do they try to keep the products? - Correct answer-
maturity stage
the new product development stage that deals with the elimination of ideas that do
not mesh with overall company objective is - Correct answer-screening
Deshauna is assessing a new product's potential sales and competitive strengths,
and will obtain initial consumer reaction before the product is sold. Deshauna is in
what stage of product development? - Correct answer-concept development and
business analysis
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2