US Major Business Test 8

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Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

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University Major — Test 8 (Business) University (Undergraduate Majors, USA) USA USA University Majors Curriculum

What is this test? for University Major review (University Major — Test 8 (Business)), USA — University (Undergraduate Majors, USA) level, USA.
For University students (Undergraduate) in Test 8 (Business) in the USA — is this your major?
Section: University Major — Test 8 (Business) · Education: University (Undergraduate) · Part: University Major — Test 8 (Business) · Country: USA

A regular habit of taking practice tests makes learned information stick and is one of the most important factors directly affecting exam success.

This test will help you gauge your knowledge in your field and manage your exam prep more efficiently.

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 competition?

A) Rival sellers

B) One seller

C) No sellers

D) Government only

Question 2

What is GDP?

A) Debt total

B) Output value total

C) Tax total

D) Trade total

Question 3

What is e-commerce?

A) Mall only

B) Catalog only

C) Online buying

D) Door sales

Question 4

What is branding?

A) No identity

B) Copying all

C) Low prices

D) Identity building

Question 5

Which term means "Small-unit study"?

A) microeconomics

B) accounting

C) the accounting equation

D) a balance sheet

Question 6

Which term means "Promoting selling"?

A) accounting

B) marketing

C) the accounting equation

D) a balance sheet

Question 7

Provide the definition of SWOT:

A) No analysis

B) Numbers only

C) Strengths weaknesses opportunities threats

D) One factor

Question 8

Provide the definition of diversification:

A) One stock

B) No risk

C) Cash only

D) Spreading risk

Question 9

Which term means "Gain over cost"?

A) profit

B) accounting

C) the accounting equation

D) a balance sheet

Question 10

Which term means "Guiding people"?

A) accounting

B) leadership

C) the accounting equation

D) a balance sheet

Question 11

Provide the definition of a stock:

A) Bond

B) Loan

C) Company share

D) Bill

Question 12

Provide the definition of the 4 Ps:

A) People only

B) No Ps

C) Profit only

D) Product price place promotion

Question 13

Which term means "Rising prices"?

A) inflation

B) accounting

C) the accounting equation

D) a balance sheet

Question 14

Which term means "Snapshot finances"?

A) accounting

B) a balance sheet

C) the accounting equation

D) revenue

Question 15

Provide the definition of economics:

A) Free goods

B) No choices

C) Choice under scarcity

D) Only money

Question 16

Provide the definition of operations:

A) Selling only

B) Counting only

C) No making

D) Making delivering

Question 17

Which term means "Tax-spend management"?

A) fiscal policy

B) accounting

C) the accounting equation

D) a balance sheet

Question 18

Which of the following best defines a bond?

A) Share

B) Lent money paper

C) Bill

D) Coin

Question 19

Which of the following best defines target market?

A) Everyone

B) No buyers

C) Intended buyers

D) Sellers

Question 20

Which term means "Whole-economy study"?

A) accounting

B) the accounting equation

C) a balance sheet

D) macroeconomics

US Major Business Test 8

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