Can You Pass This Business Administration Quiz?

11 Questions | Total Attempts: 1413

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Business Quizzes & Trivia

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


Questions and Answers
  • 1. 
    Which of the following expands the money supply?
    • A. 

      Lower Taxes

    • B. 

      Reduce Spending

    • C. 

      Spend More

    • D. 

      Raise Interest Rates

  • 2. 
    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

  • 3. 
    When the price increases, the quantity demanded ____
  • 4. 
    A price increase leads to a(n) ____ in supply.
  • 5. 
    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

  • 6. 
    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

  • 7. 
    An agreement by 117 countries to reduce trade barriers.
    • A. 

      World Trade Organization

    • B. 

      Embargo

    • C. 

      Uraguay Round

    • D. 

      European Union

  • 8. 
    What are the 5 major ways a company can enter the global marketplace?
  • 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