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ST TU
Business
UV V
S
12th Edition
IAIA
TEST BANK
?_?_
AAP
William M. Pride, Robert J. Hughes, Jack R.
Kapoor
PPPR
Comprehensive Test Bank for Instructors
and Students
ROOV
||| ||| || ||| || | || ||| | || ||| |
9781133595854
VE D
© William M. Pride, Robert J. Hughes & Jack R. Kapoor. All rights
E
reserved. Reproduction or distribution without permission is
prohibited.
D? ?
?
© MEDGEEK
,ST TU
TABLE OF CONTENTS
Test Bank – Business (12th Edition)
Authors: William M. Pride, Robert J. Hughes, and Jack R. Kapoor
UV V
S
ISBN: 9781133595854
PART I: THE ENVIRONMENT OF BUSINESS
Chapter 1: Exploring the World of Business and Economics
Chapter 2: Being Ethical and Socially Responsible
Chapter 3: Exploring Global Business
IAIA
PART II: BUSINESS OWNERSHIP AND ENTREPRENEURSHIP
Chapter 4: Choosing a Form of Business Ownership
?_?_
Chapter 5: Small Business, Entrepreneurship, and Franchises
PART III: MANAGEMENT AND ORGANIZATION
Chapter 6: Understanding the Management Process
Chapter 7: Creating a Flexible Organization
AAP
Chapter 8: Producing Quality Goods and Services
PART IV: HUMAN RESOURCES
Chapter 9: Attracting and Retaining the Best Employees
PPPR
Chapter 10: Motivating and Satisfying Employees and Teams
Chapter 11: Enhancing Union-Management Relations
PART V: MARKETING
ROOV
Chapter 12: Building Customer Relationships Through Effective Marketing
Chapter 13: Creating and Pricing Products that Satisfy Customers
Chapter 14: Wholesaling, Retailing, and Physical Distribution
Chapter 15: Developing Integrated Marketing Communications
PART VI: INFORMATION, SOCIAL MEDIA, AND ACCOUNTING
VE D
Chapter 16: Social Media and e-Business
E
Chapter 17: Using Management Information Systems and Accounting Information
PART VII: FINANCE AND INVESTMENT
D? ?
Chapter 18: Understanding Money, Banking, and Credit
Chapter 19: Mastering Financial Management
Chapter 20: Understanding Personal Finances and Investmen
?
, Chapter 1—Exploring the World of Business and Economics
ST TU
ESSAY
1. In your own words, describe what you “bring to the table” as a potential employee of a company that
you desire to work for.
UV V
S
ANS:
Answer not provided.
PTS: 1 DIF: Difficulty: Easy REF: pp. 4-8
OBJ: LO: 1-1 NAT: BUSPROG: Communication
TOP: Your Future in the Changing World of Business KEY: Bloom's: Application
IAIA
2. How can online networking improve your chances of success in the business world?
ANS:
Answer not provided.
?_?_
PTS: 1 DIF: Difficulty: Moderate REF: p. 6
OBJ: LO: 1-1 NAT: BUSPROG: Communication
TOP: Your Future in the Changing World of Business KEY: Bloom's: Application
3. An entrepreneur combines four kinds of resources into a business. What would be the effect on the
AAP
business if any one were left out?
ANS:
Answer not provided.
PTS: 1 DIF: Difficulty: Challenging REF: p. 10
PPPR
OBJ: LO: 1-2 NAT: BUSPROG: Communication TOP: Business: A Definition
KEY: Bloom's: Application
4. What is profit, and why is it important to a business?
ROOV
ANS:
Answer not provided.
PTS: 1 DIF: Difficulty: Moderate REF: p. 11
OBJ: LO: 1-2 NAT: BUSPROG: Communication TOP: Business: A Definition
KEY: Bloom's: Application
VE D
5. What three activities must a business perform in order to be successful? Briefly describe each of these
and why each is essential to business success.
E
ANS:
Answer not provided.
D? ?
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
?
1
, PTS: 1 DIF: Difficulty: Moderate REF: p. 9
OBJ: LO: 1-2 NAT: BUSPROG: Communication TOP: Business: A Definition
ST TU KEY: Bloom's: Synthesis
6. Explain how the notion of scarcity is related to personal as well as business decision making.
ANS:
UV V
Answer not provided.
S
PTS: 1 DIF: Difficulty: Moderate REF: p. 13
OBJ: LO: 1-3 NAT: BUSPROG: Communication TOP: Types of Economic Systems
KEY: Bloom's: Application
7. Explain how the basic economic questions are answered in capitalistic and command economies.
IAIA
ANS:
Answer not provided.
PTS: 1 DIF: Difficulty: Moderate REF: pp. 13-17
OBJ: LO: 1-3 NAT: BUSPROG: Communication TOP: Types of Economic Systems
?_?_
KEY: Bloom's: Evaluation
8. Why do we say that the U.S. economy is a mixed economy?
ANS:
AAP
Answer not provided.
PTS: 1 DIF: Difficulty: Moderate REF: p. 15
OBJ: LO: 1-3 NAT: BUSPROG: Communication TOP: Types of Economic Systems
KEY: Bloom's: Analysis
PPPR
9. How does socialism differ from communism?
ANS:
Answer not provided.
ROOV
PTS: 1 DIF: Difficulty: Moderate REF: pp. 16-17
OBJ: LO: 1-3 NAT: BUSPROG: Communication TOP: Types of Economic Systems
KEY: Bloom's: Analysis
10. Why is productivity important? How can a nation’s productivity rate be improved?
ANS:
VE D
Answer not provided.
PTS: 1 DIF: Difficulty: Challenging REF: p. 17
E
OBJ: LO: 1-4 NAT: BUSPROG: Communication
TOP: Measuring Economic Performance KEY: Bloom's: Synthesis
D? ?
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
?
2
ST TU
Business
UV V
S
12th Edition
IAIA
TEST BANK
?_?_
AAP
William M. Pride, Robert J. Hughes, Jack R.
Kapoor
PPPR
Comprehensive Test Bank for Instructors
and Students
ROOV
||| ||| || ||| || | || ||| | || ||| |
9781133595854
VE D
© William M. Pride, Robert J. Hughes & Jack R. Kapoor. All rights
E
reserved. Reproduction or distribution without permission is
prohibited.
D? ?
?
© MEDGEEK
,ST TU
TABLE OF CONTENTS
Test Bank – Business (12th Edition)
Authors: William M. Pride, Robert J. Hughes, and Jack R. Kapoor
UV V
S
ISBN: 9781133595854
PART I: THE ENVIRONMENT OF BUSINESS
Chapter 1: Exploring the World of Business and Economics
Chapter 2: Being Ethical and Socially Responsible
Chapter 3: Exploring Global Business
IAIA
PART II: BUSINESS OWNERSHIP AND ENTREPRENEURSHIP
Chapter 4: Choosing a Form of Business Ownership
?_?_
Chapter 5: Small Business, Entrepreneurship, and Franchises
PART III: MANAGEMENT AND ORGANIZATION
Chapter 6: Understanding the Management Process
Chapter 7: Creating a Flexible Organization
AAP
Chapter 8: Producing Quality Goods and Services
PART IV: HUMAN RESOURCES
Chapter 9: Attracting and Retaining the Best Employees
PPPR
Chapter 10: Motivating and Satisfying Employees and Teams
Chapter 11: Enhancing Union-Management Relations
PART V: MARKETING
ROOV
Chapter 12: Building Customer Relationships Through Effective Marketing
Chapter 13: Creating and Pricing Products that Satisfy Customers
Chapter 14: Wholesaling, Retailing, and Physical Distribution
Chapter 15: Developing Integrated Marketing Communications
PART VI: INFORMATION, SOCIAL MEDIA, AND ACCOUNTING
VE D
Chapter 16: Social Media and e-Business
E
Chapter 17: Using Management Information Systems and Accounting Information
PART VII: FINANCE AND INVESTMENT
D? ?
Chapter 18: Understanding Money, Banking, and Credit
Chapter 19: Mastering Financial Management
Chapter 20: Understanding Personal Finances and Investmen
?
, Chapter 1—Exploring the World of Business and Economics
ST TU
ESSAY
1. In your own words, describe what you “bring to the table” as a potential employee of a company that
you desire to work for.
UV V
S
ANS:
Answer not provided.
PTS: 1 DIF: Difficulty: Easy REF: pp. 4-8
OBJ: LO: 1-1 NAT: BUSPROG: Communication
TOP: Your Future in the Changing World of Business KEY: Bloom's: Application
IAIA
2. How can online networking improve your chances of success in the business world?
ANS:
Answer not provided.
?_?_
PTS: 1 DIF: Difficulty: Moderate REF: p. 6
OBJ: LO: 1-1 NAT: BUSPROG: Communication
TOP: Your Future in the Changing World of Business KEY: Bloom's: Application
3. An entrepreneur combines four kinds of resources into a business. What would be the effect on the
AAP
business if any one were left out?
ANS:
Answer not provided.
PTS: 1 DIF: Difficulty: Challenging REF: p. 10
PPPR
OBJ: LO: 1-2 NAT: BUSPROG: Communication TOP: Business: A Definition
KEY: Bloom's: Application
4. What is profit, and why is it important to a business?
ROOV
ANS:
Answer not provided.
PTS: 1 DIF: Difficulty: Moderate REF: p. 11
OBJ: LO: 1-2 NAT: BUSPROG: Communication TOP: Business: A Definition
KEY: Bloom's: Application
VE D
5. What three activities must a business perform in order to be successful? Briefly describe each of these
and why each is essential to business success.
E
ANS:
Answer not provided.
D? ?
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
?
1
, PTS: 1 DIF: Difficulty: Moderate REF: p. 9
OBJ: LO: 1-2 NAT: BUSPROG: Communication TOP: Business: A Definition
ST TU KEY: Bloom's: Synthesis
6. Explain how the notion of scarcity is related to personal as well as business decision making.
ANS:
UV V
Answer not provided.
S
PTS: 1 DIF: Difficulty: Moderate REF: p. 13
OBJ: LO: 1-3 NAT: BUSPROG: Communication TOP: Types of Economic Systems
KEY: Bloom's: Application
7. Explain how the basic economic questions are answered in capitalistic and command economies.
IAIA
ANS:
Answer not provided.
PTS: 1 DIF: Difficulty: Moderate REF: pp. 13-17
OBJ: LO: 1-3 NAT: BUSPROG: Communication TOP: Types of Economic Systems
?_?_
KEY: Bloom's: Evaluation
8. Why do we say that the U.S. economy is a mixed economy?
ANS:
AAP
Answer not provided.
PTS: 1 DIF: Difficulty: Moderate REF: p. 15
OBJ: LO: 1-3 NAT: BUSPROG: Communication TOP: Types of Economic Systems
KEY: Bloom's: Analysis
PPPR
9. How does socialism differ from communism?
ANS:
Answer not provided.
ROOV
PTS: 1 DIF: Difficulty: Moderate REF: pp. 16-17
OBJ: LO: 1-3 NAT: BUSPROG: Communication TOP: Types of Economic Systems
KEY: Bloom's: Analysis
10. Why is productivity important? How can a nation’s productivity rate be improved?
ANS:
VE D
Answer not provided.
PTS: 1 DIF: Difficulty: Challenging REF: p. 17
E
OBJ: LO: 1-4 NAT: BUSPROG: Communication
TOP: Measuring Economic Performance KEY: Bloom's: Synthesis
D? ?
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
?
2
