US Major Business Test 5

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Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

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University Major — Test 5 (Business) University (Undergraduate Majors, USA) USA USA University Majors Curriculum

What is this test? for University Major review (University Major — Test 5 (Business)), USA — University (Undergraduate Majors, USA) level, USA.
For University students (Undergraduate) in Test 5 (Business) in the USA — is this your major?
Section: University Major — Test 5 (Business) · Education: University (Undergraduate) · Part: University Major — Test 5 (Business) · Country: USA

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By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

What is SWOT?

A) Strengths weaknesses opportunities threats

B) No analysis

C) Numbers only

D) One factor

Question 2

What is a stock?

A) Bond

B) Company share

C) Loan

D) Bill

Question 3

What is economics?

A) Free goods

B) No choices

C) Choice under scarcity

D) Only money

Question 4

What is HR?

A) No people

B) Robots only

C) Outsourcing only

D) People management

Question 5

Which of the following best defines finance?

A) Money management

B) Making goods

C) Hiring staff

D) Selling only

Question 6

Which of the following best defines venture capital?

A) Bank loans

B) Startup funding

C) No funds

D) Grants only

Question 7

Which term means "Price-setting forces"?

A) accounting

B) the accounting equation

C) supply and demand

D) a balance sheet

Question 8

Which of the following best defines diversification?

A) One stock

B) No risk

C) Cash only

D) Spreading risk

Question 9

Which of the following best defines management?

A) Planning leading organizing

B) No planning

C) Workers only

D) Selling only

Question 10

Which of the following best defines a monopoly?

A) Many sellers

B) Single seller

C) No sellers

D) Buyer group

Question 11

Which term means "Spending plan"?

A) accounting

B) the accounting equation

C) a budget

D) a balance sheet

Question 12

Which of the following best defines the 4 Ps?

A) People only

B) No Ps

C) Profit only

D) Product price place promotion

Question 13

Which of the following best defines interest?

A) Borrowing cost

B) Free money

C) Savings gift

D) Tax refund

Question 14

Which of the following best defines the accounting equation?

A) Profit only

B) Assets equal liabilities equity

C) No equation

D) Cash only

Question 15

Which term means "Customer study"?

A) accounting

B) the accounting equation

C) market research

D) a balance sheet

Question 16

Which of the following best defines operations?

A) Selling only

B) Counting only

C) No making

D) Making delivering

Question 17

Which of the following best defines a business plan?

A) Roadmap document

B) No plan

C) One page

D) Oral pitch

Question 18

What best defines a startup?

A) Old firm

B) New venture

C) No business

D) Franchise only

Question 19

Which term means "Intended buyers"?

A) accounting

B) the accounting equation

C) target market

D) a balance sheet

Question 20

What best defines accounting?

A) Selling goods

B) Hiring staff

C) Making ads

D) Recording finances

US Major Business Test 5

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