US Major Marketing Advanced 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 (Marketing Advanced) University (Undergraduate Majors, USA) USA USA University Majors Curriculum

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

Economics is a fundamental social science examining the relationship between unlimited wants and scarce resources.

This test will help you assess your knowledge of micro- and macro-economics.

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 the accounting equation?

A) Assets equal liabilities equity

B) Profit only

C) No equation

D) Cash only

Question 2

What is revenue?

A) Costs

B) Earned income

C) Debts

D) Losses

Question 3

What is HR?

A) No people

B) Robots only

C) People management

D) Outsourcing only

Question 4

What is supply and demand?

A) Fixed prices

B) No market

C) Government sets

D) Price-setting forces

Question 5

Which term means "Company share"?

A) a stock

B) accounting

C) the accounting equation

D) a balance sheet

Question 6

Which term means "Snapshot finances"?

A) accounting

B) a balance sheet

C) the accounting equation

D) revenue

Question 7

Provide the definition of e-commerce:

A) Mall only

B) Catalog only

C) Online buying

D) Door sales

Question 8

Which term means "Choice under scarcity"?

A) accounting

B) the accounting equation

C) a balance sheet

D) economics

Question 9

Which of the following best defines SWOT?

A) Strengths weaknesses opportunities threats

B) No analysis

C) Numbers only

D) One factor

Question 10

Which of the following best defines diversification?

A) One stock

B) Spreading risk

C) No risk

D) Cash only

Question 11

Which of the following best defines the 4 Ps?

A) People only

B) No Ps

C) Product price place promotion

D) Profit only

Question 12

Which term means "Single seller"?

A) accounting

B) the accounting equation

C) a balance sheet

D) a monopoly

Question 13

Which of the following best defines a bond?

A) Lent money paper

B) Share

C) Bill

D) Coin

Question 14

Which of the following best defines marketing?

A) Making goods

B) Promoting selling

C) Hiring staff

D) Counting cash

Question 15

Which of the following best defines accounting?

A) Selling goods

B) Hiring staff

C) Recording finances

D) Making ads

Question 16

Which term means "Spending plan"?

A) accounting

B) the accounting equation

C) a balance sheet

D) a budget

Question 17

Which of the following best defines interest?

A) Borrowing cost

B) Free money

C) Savings gift

D) Tax refund

Question 18

Which of the following best defines target market?

A) Everyone

B) Intended buyers

C) No buyers

D) Sellers

Question 19

Which of the following best defines management?

A) No planning

B) Workers only

C) Planning leading organizing

D) Selling only

Question 20

Which term means "Tax-spend management"?

A) accounting

B) the accounting equation

C) a balance sheet

D) fiscal policy

US Major Marketing Advanced Test 8

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