Question 1
2 out of 2 points
Which of the following focuses on the management of the entire firm as opposed to the
jobs of individual workers?
Selected Answer:
Administrative management
Correct Answer:
Administrative management
Question 2
2 out of 2 points
The ability to effectively convey and receive ideas is a(n) ____ skill.
Selected Answer:
communication
Correct Answer:
communication
Question 3
2 out of 2 points
Civil engineers design and supervise construction projects. Designing to exact specifications
is one of their ____ skills.
Selected Answer:
technical
Correct Answer:
technical
Question 4
2 out of 2 points
Which of the following represents an economic community?
Selected Answer:
North American Free Trade Agreement (NAFTA)
Correct Answer:
North American Free Trade Agreement (NAFTA)
Question 5
2 out of 2 points
Skype impacts the number of people who fly. This is an example of ____ to the airline
industry.
, Selected Answer:
competitors
Correct Answer:
competitors
Question 6
2 out of 2 points
Investors were worried about the stock market when unemployment was 10%, companies
were slow to invest, and government debt was still increasing. These are aspects of which
environment?
Selected Answer:
Economic
Correct Answer:
Economic
Question 7
2 out of 2 points
Which of the following is an advantage of unrelated diversification?
Selected Answer:
Stable financial performance over time
Correct Answer:
Stable financial performance over time
Question 8
0 out of 2 points
Which of the following is characteristic of a business classified as a star by the BCG matrix
technique?
Selected Answer:
Has the potential to achieve a large market share in the future
Correct Answer:
Requires large amounts of short-run cash support
Question 9
2 out of 2 points
The product life cycle
Selected Answer:
All of these.
2 out of 2 points
Which of the following focuses on the management of the entire firm as opposed to the
jobs of individual workers?
Selected Answer:
Administrative management
Correct Answer:
Administrative management
Question 2
2 out of 2 points
The ability to effectively convey and receive ideas is a(n) ____ skill.
Selected Answer:
communication
Correct Answer:
communication
Question 3
2 out of 2 points
Civil engineers design and supervise construction projects. Designing to exact specifications
is one of their ____ skills.
Selected Answer:
technical
Correct Answer:
technical
Question 4
2 out of 2 points
Which of the following represents an economic community?
Selected Answer:
North American Free Trade Agreement (NAFTA)
Correct Answer:
North American Free Trade Agreement (NAFTA)
Question 5
2 out of 2 points
Skype impacts the number of people who fly. This is an example of ____ to the airline
industry.
, Selected Answer:
competitors
Correct Answer:
competitors
Question 6
2 out of 2 points
Investors were worried about the stock market when unemployment was 10%, companies
were slow to invest, and government debt was still increasing. These are aspects of which
environment?
Selected Answer:
Economic
Correct Answer:
Economic
Question 7
2 out of 2 points
Which of the following is an advantage of unrelated diversification?
Selected Answer:
Stable financial performance over time
Correct Answer:
Stable financial performance over time
Question 8
0 out of 2 points
Which of the following is characteristic of a business classified as a star by the BCG matrix
technique?
Selected Answer:
Has the potential to achieve a large market share in the future
Correct Answer:
Requires large amounts of short-run cash support
Question 9
2 out of 2 points
The product life cycle
Selected Answer:
All of these.
