Can You Pass This Business Administration Quiz?

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Can You Pass This Business Administration Quiz? - Quiz

Are you preparing hard to be a business administrator? Can you pass this business administration quiz? Let's check if you can score more than 70% on this business studies quiz. Business administration is a field of study that deals with managing all aspects of a business's performance, decisions, and organization. It is also known as business management). This quiz is created to help you study for the business administration midterm exams. Shall we begin the quiz, then? Good luck!


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. 
    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

  • 4. 
    When the price increases, the quantity demanded ____.
    • A. 

      Grows

    • B. 

      Falls

    • C. 

      Saturates

    • D. 

      All of the above

  • 5. 
    A price increase leads to a(n) ____ in supply.
    • A. 

      Lower

    • B. 

      Increase

    • C. 

      Fall

    • D. 

      Both A and C

  • 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. 
    A lifestyle made up of a complex set of interests and choices.
    • A. 

      Component

    • B. 

      Complex

    • C. 

      Unique

    • D. 

      Ethical

  • 9. 
    The concern of businesses for the welfare of society as a whole.
    • A. 

      Demography

    • B. 

      Social Responsibility

    • C. 

      Ethics

    • D. 

      Utilitarianism

  • 10. 
    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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