Business Management Exam questions with answers graded A+

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Business Management Exam questions with answers graded A+

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Institution Business Management

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Business Management Exam questions with answers graded A+

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Business Management Exam
questions with answers graded A+
What kind of businesses are motivated to earn a profit? - ANS✅✅C. private

Where does marketing exist? - ANS✅✅B. wherever a product is sold to the customer

Which of the following describes a small business? - ANS✅✅C. usually less than 100 employees

Which of the following is NOT a function of management? - ANS✅✅C. finance

Which of the following is NOT one of the five sections of a business plan? - ANS✅✅D. executive
description

Which of the following is an example of an objective? - ANS✅✅B. increase repeat business by 15
percent over one year

Which of the following is an example of a tactic? - ANS✅✅D. call customers to verify satisfaction

Which of the following is NOT a benefit of marketing? - ANS✅✅D. higher prices

A store is offering 50 percent off of Halloween decorations on November 1st since Halloween is past.
This is an example of which type of discount? - ANS✅✅C. seasonal

The specific group of consumers to whom a company aims the selling of its products or services is
known as which of the following? - ANS✅✅D. target market

A vision statement should capture the ______ picture of what you want your organization to
become. - ANS✅✅B. long term

A vision statement should reflect the desires of ______. - ANS✅✅C. investors

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Number of pages: 3
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Type: Exam (elaborations)
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