NOCTI BUSINESS EXAM WITH CORRECT ACTUAL QUESTIONS AND
CORRECTLY WELL DEFINED ANSWERS LATEST ALREADY
GRADED A+ 2025 – 2026
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"? - SOLUTION-there is potential for increased
profits
2. The North American Free Trade Agreement (NAFTA) created a free-trade area for -
SOLUTION-Mexico, the US, and Canada
3. Two types of business partnerships are general and - SOLUTION-Limited
4. The planning, pricing, promoting, and distribution of goods and services is known as -
SOLUTION-marketing
5. The main purpose of an effective performance evaluation is to - SOLUTION-help workers
develop their strengths and work on their weaknesses
6. A mission statement describes an organization's - SOLUTION-purpose or goal
7. The best way to motivate workers to do a good job is - SOLUTION-providing positive
feedback to reinforce what they do correctly
, 8. The term for research to determine factors, conditions, and characteristics of a market is -
SOLUTION-market analysis
9. One difference between strategic and tactical planning is that strategic planning tends to be
- SOLUTION-longer term and more broadly defined
10. Motivational praise from an employer should be specific and - SOLUTION-work related
11. To gain employee acceptance of new changes in an organization, the owner should provide
adequate training and - SOLUTION-provide advance notice of the new changes
12. Which of the following sentences is grammatically correct? - SOLUTION-Ann missed the
meeting because she was lying in bed with the flu.
13. If a worker's gross pay is $750.00 and 1.25 percent of the worker's earnings are withheld for
Medicare tax, what dollar amount of Medicare tax is being withheld? - SOLUTION-$750 x 0.0125
= $9.38
14. According to the law of supply and demand, when high winds in Hawaii damage the coffee
plants, coffee will be - SOLUTION-in short supply, therefore higher in price
15. A country exported $689,269 worth of goods and imported $3,465,029 worth of goods. What
is the trade surplus or deficit? - SOLUTION-$689,269 - $3,465,029 = -$2775760
16. In order to increase sales, a company hired a telemarketing firm. Telemarketers logged 3496
hours, making 46397 presentations and 6350 sales, and increasing the company's revenue
by $295300. The telemarketing firm charged $45 per hour for their services. How successful
was the business venture? - SOLUTION-A good investment with a profit of over $137,000
CORRECTLY WELL DEFINED ANSWERS LATEST ALREADY
GRADED A+ 2025 – 2026
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"? - SOLUTION-there is potential for increased
profits
2. The North American Free Trade Agreement (NAFTA) created a free-trade area for -
SOLUTION-Mexico, the US, and Canada
3. Two types of business partnerships are general and - SOLUTION-Limited
4. The planning, pricing, promoting, and distribution of goods and services is known as -
SOLUTION-marketing
5. The main purpose of an effective performance evaluation is to - SOLUTION-help workers
develop their strengths and work on their weaknesses
6. A mission statement describes an organization's - SOLUTION-purpose or goal
7. The best way to motivate workers to do a good job is - SOLUTION-providing positive
feedback to reinforce what they do correctly
, 8. The term for research to determine factors, conditions, and characteristics of a market is -
SOLUTION-market analysis
9. One difference between strategic and tactical planning is that strategic planning tends to be
- SOLUTION-longer term and more broadly defined
10. Motivational praise from an employer should be specific and - SOLUTION-work related
11. To gain employee acceptance of new changes in an organization, the owner should provide
adequate training and - SOLUTION-provide advance notice of the new changes
12. Which of the following sentences is grammatically correct? - SOLUTION-Ann missed the
meeting because she was lying in bed with the flu.
13. If a worker's gross pay is $750.00 and 1.25 percent of the worker's earnings are withheld for
Medicare tax, what dollar amount of Medicare tax is being withheld? - SOLUTION-$750 x 0.0125
= $9.38
14. According to the law of supply and demand, when high winds in Hawaii damage the coffee
plants, coffee will be - SOLUTION-in short supply, therefore higher in price
15. A country exported $689,269 worth of goods and imported $3,465,029 worth of goods. What
is the trade surplus or deficit? - SOLUTION-$689,269 - $3,465,029 = -$2775760
16. In order to increase sales, a company hired a telemarketing firm. Telemarketers logged 3496
hours, making 46397 presentations and 6350 sales, and increasing the company's revenue
by $295300. The telemarketing firm charged $45 per hour for their services. How successful
was the business venture? - SOLUTION-A good investment with a profit of over $137,000
