US Major Management Test 3

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Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

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University Major — Test 3 (Management) University (Undergraduate Majors, USA) USA USA University Majors Curriculum

What is this test? for University Major review (University Major — Test 3 (Management)), USA — University (Undergraduate Majors, USA) level, USA.
For University students (Undergraduate) in Test 3 (Management) in the USA — is this your major?
Section: University Major — Test 3 (Management) · Education: University (Undergraduate) · Part: University Major — Test 3 (Management) · 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 HR?

A) People management

B) No people

C) Robots only

D) Outsourcing only

Question 2

What is management?

A) No planning

B) Planning leading organizing

C) Workers only

D) Selling only

Question 3

What are the 4 Ps?

A) People only

B) No Ps

C) Product price place promotion

D) Profit only

Question 4

What is inflation?

A) Falling prices

B) Flat wages

C) High taxes

D) Rising prices

Question 5

What is target market?

A) Intended buyers

B) Everyone

C) No buyers

D) Sellers

Question 6

What best defines competition?

A) One seller

B) Rival sellers

C) No sellers

D) Government only

Question 7

Provide the definition of branding:

A) No identity

B) Copying all

C) Identity building

D) Low prices

Question 8

Provide the definition of supply and demand:

A) Fixed prices

B) No market

C) Government sets

D) Price-setting forces

Question 9

Provide the definition of revenue:

A) Earned income

B) Costs

C) Debts

D) Losses

Question 10

Provide the definition of the accounting equation:

A) Profit only

B) Assets equal liabilities equity

C) No equation

D) Cash only

Question 11

Which term means "Customer study"?

A) accounting

B) the accounting equation

C) market research

D) a balance sheet

Question 12

Which term means "Moving goods"?

A) accounting

B) the accounting equation

C) a balance sheet

D) logistics

Question 13

Provide the definition of marketing:

A) Promoting selling

B) Making goods

C) Hiring staff

D) Counting cash

Question 14

Provide the definition of interest:

A) Free money

B) Borrowing cost

C) Savings gift

D) Tax refund

Question 15

Which term means "Strengths weaknesses opportunities threats"?

A) accounting

B) the accounting equation

C) SWOT

D) a balance sheet

Question 16

Which term means "Online buying"?

A) accounting

B) the accounting equation

C) a balance sheet

D) e-commerce

Question 17

Provide the definition of macroeconomics:

A) Whole-economy study

B) One firm

C) No study

D) Households only

Question 18

Provide the definition of a stock:

A) Bond

B) Company share

C) Loan

D) Bill

Question 19

Which term means "Spreading risk"?

A) accounting

B) the accounting equation

C) diversification

D) a balance sheet

Question 20

Which term means "Startup funding"?

A) accounting

B) the accounting equation

C) a balance sheet

D) venture capital

US Major Management Test 3

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