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1. Which of the following do shareholders receive either quarterly or annually, when the board of directors authorizes a distribution of company earnings?
A) Short-term capital gains
B) Long-term capital gains
C) Royalties
D) Dividends
2. Establishing and maintaining high standards in how work is done and in the output of goods and services is commonly referred to as
A) customer service
B) standardization
C) total quality management
D) effective production
3. Which of the following limitations of email is a barrier to clear communication?
A) The sender will not be able to make the message seem as courteous as in person.
B) The message will not be accurately transmitted.
C) The message cannot be shared with others.
D) The recipient will not be able to judge non-verbal cues.
4. Which of the following is the most effective way for a school to ensure that the content of a business program meets the hiring requirements of local employers?
A) Developing career research projects to engage students
B) Hosting a career day that features local employment opportunities
C) Soliciting feedback from local industry leaders
D) Creating a partnership with the local business community
5. In international trade, the practice of dumping refers to
A) exporting high-quality products at a price equivalent to the cost of production
B) exporting unwanted products out of the country of origin
C) exporting low-quality products at a price above the normal value
D) exporting normal-quality products at a price below the home market cost
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: D |
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