BUS 6600 Exam Questions With Correct
Answers
Generally, |the |greatest |amount |of |risk |is |involved |in |- |CORRECT |ANSWER✔✔-working |for |a |
small |business.
working |for |a |large |business.
working |for |the |government.
starting |a |business |- |M1
If |you |were |to |discuss |and |analyze |the |social |changes |affecting |the |future |of |business, |which |
statement |should |be |part |of |that |conversation? |- |CORRECT |ANSWER✔✔-Business |taxes |are |
likely |to |spike |due |to |the |fact |that |welfare |laws |are |making |it |relatively |easy |for |single |parents |
to |stay |home |with |their |children, |rather |than |find |jobs.
It |is |becoming |more |difficult |to |provide |expert |prenatal |care |for |women, |resulting |in |a |
negative |impact |on |the |future |of |childbirth.
The |increase |in |older |citizens |may |impact |an |employee's |take-home |pay |if |programs |such |as |
Social |Security |will |need |to |be |funded |at |a |higher |level. |Skilled |employees |may |require |higher |
wages |to |make |up |the |shortfall. |- |M1
With |less |money |to |spend, |older |Americans |over |65 |will |no |longer |require |transportation, |
entertainment, |education, |and |lodging. |This |is |highly |likely |to |negatively |impact |these |
industries.
Empowerment |means |- |CORRECT |ANSWER✔✔-asking |employees |to |write |the |policies |which |
govern |their |jobs.
,hiring |employees |that |do |not |require |training, |due |to |the |costly |nature |of |this |activity.
giving |employees |the |authority |to |make |decisions. |- |M1
making |certain |that |employees |always |defer |to |management |when |making |decisions.
What |is |a |benefit |of |owning |your |own |business? |- |CORRECT |ANSWER✔✔-shorter |work |hours
government-supplied |health |insurance
freedom |to |keep |the |profits |from |your |business |- |M1
extended |paid |vacation |time
Today's |businesses |attempt |to |meet |the |needs |of |- |CORRECT |ANSWER✔✔-their |employees, |
even |if |it |means |shortchanging |customers |by |charging |higher |prices.
their |customers, |even |if |it |comes |at |the |expense |of |employees |and |other |stakeholders.
exclusively |their |owners, |since |they |are |ultimately |the |ones |who |pay |the |bills.
all |stakeholders. |- |M1
Which |industry |will |most |likely |benefit |from |an |aging |population? |- |CORRECT |ANSWER✔✔-
home |health |care |businesses |- |M1
financial |services |to |help |clients |plan |for |their |education
,auto |industry
children's |day |care |centers
As |you |consider |the |factors |of |production, |what |did |management |theorist |Peter |Drucker |
believe |to |be |one |of |the |most |important |contributing |factors |to |increasing |our |nation's |
wealth? |- |CORRECT |ANSWER✔✔-capital
knowledge |- |M1
labor
land
Diversity |is |more |than |recruiting |and |keeping |minority |and |female |employees. |Diversity |means
|appreciating |and |understanding |other |differences |in |our |customers |and |in |our |workforce. |The |
best |description |of |these |differences |is |- |CORRECT |ANSWER✔✔-people |with |differing |physical |
characteristics |such |as |eye |or |hair |color.
people |with |disabilities, |people |with |different |sexual |orientations, |religious |preferences, |and |
even |personality |differences |such |as |extroverts |and |introverts. |- |M1
people |who |embrace |differing |gender |roles.
people |with |racial |and |gender |differences.
The |emergence |of |an |information-based |economy |are |important |parts |of |the |__________ |
environment |in |which |businesses |operate. |- |CORRECT |ANSWER✔✔-competitive
technological |- |M1
social
, economic |and |legal
Which |statement |is |accurate |about |the |Social |Security |system? |- |CORRECT |ANSWER✔✔-It |met
|the |needs |of |our |nation |when |it |was |first |introduced, |but |needs |an |overhaul. |- |M1
It |continues |to |burden |businesses |because |businesses |must |provide |and |pay |for |this |benefit |
for |their |employees.
It |will |continue |to |serve |the |needs |of |U.S. |citizens |into |the |distant |future, |because |there |are |so
|few |retirees |placing |a |strain |on |it.
It |is |failing |because |the |U.S. |government |failed |to |invest |the |money |that |employees |
contributed.
Businesses |are |supporting |single-parent |families |with |- |CORRECT |ANSWER✔✔-bonus |
payments |for |childcare |needs.
more |flexible |work |benefits |such |as |flextime |and |family |leave. |- |M1
a |more |lenient |welfare |system.
increased |Social |Security |benefits.
The |new |era |of |business |is |likely |to |be |dominated |by |the |- |CORRECT |ANSWER✔✔-information-
based |sector. |- |M1
natural |resources |sector.
service |sector.
manufacturing |sector.
Answers
Generally, |the |greatest |amount |of |risk |is |involved |in |- |CORRECT |ANSWER✔✔-working |for |a |
small |business.
working |for |a |large |business.
working |for |the |government.
starting |a |business |- |M1
If |you |were |to |discuss |and |analyze |the |social |changes |affecting |the |future |of |business, |which |
statement |should |be |part |of |that |conversation? |- |CORRECT |ANSWER✔✔-Business |taxes |are |
likely |to |spike |due |to |the |fact |that |welfare |laws |are |making |it |relatively |easy |for |single |parents |
to |stay |home |with |their |children, |rather |than |find |jobs.
It |is |becoming |more |difficult |to |provide |expert |prenatal |care |for |women, |resulting |in |a |
negative |impact |on |the |future |of |childbirth.
The |increase |in |older |citizens |may |impact |an |employee's |take-home |pay |if |programs |such |as |
Social |Security |will |need |to |be |funded |at |a |higher |level. |Skilled |employees |may |require |higher |
wages |to |make |up |the |shortfall. |- |M1
With |less |money |to |spend, |older |Americans |over |65 |will |no |longer |require |transportation, |
entertainment, |education, |and |lodging. |This |is |highly |likely |to |negatively |impact |these |
industries.
Empowerment |means |- |CORRECT |ANSWER✔✔-asking |employees |to |write |the |policies |which |
govern |their |jobs.
,hiring |employees |that |do |not |require |training, |due |to |the |costly |nature |of |this |activity.
giving |employees |the |authority |to |make |decisions. |- |M1
making |certain |that |employees |always |defer |to |management |when |making |decisions.
What |is |a |benefit |of |owning |your |own |business? |- |CORRECT |ANSWER✔✔-shorter |work |hours
government-supplied |health |insurance
freedom |to |keep |the |profits |from |your |business |- |M1
extended |paid |vacation |time
Today's |businesses |attempt |to |meet |the |needs |of |- |CORRECT |ANSWER✔✔-their |employees, |
even |if |it |means |shortchanging |customers |by |charging |higher |prices.
their |customers, |even |if |it |comes |at |the |expense |of |employees |and |other |stakeholders.
exclusively |their |owners, |since |they |are |ultimately |the |ones |who |pay |the |bills.
all |stakeholders. |- |M1
Which |industry |will |most |likely |benefit |from |an |aging |population? |- |CORRECT |ANSWER✔✔-
home |health |care |businesses |- |M1
financial |services |to |help |clients |plan |for |their |education
,auto |industry
children's |day |care |centers
As |you |consider |the |factors |of |production, |what |did |management |theorist |Peter |Drucker |
believe |to |be |one |of |the |most |important |contributing |factors |to |increasing |our |nation's |
wealth? |- |CORRECT |ANSWER✔✔-capital
knowledge |- |M1
labor
land
Diversity |is |more |than |recruiting |and |keeping |minority |and |female |employees. |Diversity |means
|appreciating |and |understanding |other |differences |in |our |customers |and |in |our |workforce. |The |
best |description |of |these |differences |is |- |CORRECT |ANSWER✔✔-people |with |differing |physical |
characteristics |such |as |eye |or |hair |color.
people |with |disabilities, |people |with |different |sexual |orientations, |religious |preferences, |and |
even |personality |differences |such |as |extroverts |and |introverts. |- |M1
people |who |embrace |differing |gender |roles.
people |with |racial |and |gender |differences.
The |emergence |of |an |information-based |economy |are |important |parts |of |the |__________ |
environment |in |which |businesses |operate. |- |CORRECT |ANSWER✔✔-competitive
technological |- |M1
social
, economic |and |legal
Which |statement |is |accurate |about |the |Social |Security |system? |- |CORRECT |ANSWER✔✔-It |met
|the |needs |of |our |nation |when |it |was |first |introduced, |but |needs |an |overhaul. |- |M1
It |continues |to |burden |businesses |because |businesses |must |provide |and |pay |for |this |benefit |
for |their |employees.
It |will |continue |to |serve |the |needs |of |U.S. |citizens |into |the |distant |future, |because |there |are |so
|few |retirees |placing |a |strain |on |it.
It |is |failing |because |the |U.S. |government |failed |to |invest |the |money |that |employees |
contributed.
Businesses |are |supporting |single-parent |families |with |- |CORRECT |ANSWER✔✔-bonus |
payments |for |childcare |needs.
more |flexible |work |benefits |such |as |flextime |and |family |leave. |- |M1
a |more |lenient |welfare |system.
increased |Social |Security |benefits.
The |new |era |of |business |is |likely |to |be |dominated |by |the |- |CORRECT |ANSWER✔✔-information-
based |sector. |- |M1
natural |resources |sector.
service |sector.
manufacturing |sector.
