Can You Pass This Business Administration Quiz?

11 Questions | By Mli176 | Last updated: Mar 21, 2022 | Total Attempts: 3516

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Can You Pass This Business Administration Quiz? - Quiz

This quiz is designed to help study for the Business Administration midterm.

Questions and Answers

1.

What are the 5 major ways a company can enter the global marketplace?
2.

Which of the following expands the money supply?
- A.
  
  Lower Taxes
- B.
  
  Reduce Spending
- C.
  
  Spend More
- D.
  
  Raise Interest Rates
3.

The ____ policy changes levels of ____ and ____ in order to control the economy.
- A.
  
  Monetary, taxation, spending
- B.
  
  Fiscal, taxation, spending
- C.
  
  Fiscal, inflation, taxation
- D.
  
  Monetary, inflation, spending
4.

When the price increases, the quantity demanded ____
5.

A price increase leads to a(n) ____ in supply.
6.

A market structure where a few firms produce most or all of the output.
- A.
  
  Pure Monopoly
- B.
  
  Perfect Competition
- C.
  
  Monopolistic Competition
- D.
  
  Oligopoly
7.

Which trade barrier does the following fit in to? Embargo, Import quota, Customs Regulations, and Exchange Controls.
- A.
  
  Tariffs
- B.
  
  Natural Barriers
- C.
  
  Word Trade Organization Barriers
- D.
  
  Non-Tariffs
8.

An agreement by 117 countries to reduce trade barriers.
- A.
  
  World Trade Organization
- B.
  
  Embargo
- C.
  
  Uraguay Round
- D.
  
  European Union
9.

A lifestyle made up of a complex set of interests and choices.
- A.
  
  Component
- B.
  
  Complex
- C.
  
  Unique
- D.
  
  Ethical
10.

The concern of businesses for the welfare of society as a whole.
- A.
  
  Demography
- B.
  
  Social Responsibility
- C.
  
  Ethics
- D.
  
  Utilitarianism
11.

Using a misleading advertisement in order to increase sales is in which stage of Ethical Development?
- A.
  
  Preconventional
- B.
  
  Conventional
- C.
  
  Postconventional
- D.
  
  Ethical

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