Quiz: Questions On The Foundations Of Business

57 Questions | Total Attempts: 313

SettingsSettingsSettings
Quiz: Questions On The Foundations Of Business - Quiz

Businesses changed as synergies were created through uniting principles of production together. The modern period is represented by the ‘economic era,’ which we are living in now. Throughout time, many geniuses have come and go in business to make it a stronger entity. This quiz covers the history of business and the people who made their mark. Always know you will earn a certificate for completing the quiz.


Questions and Answers
  • 1. 
    Infinite profit infinite growth and maximum self-interest ( with some government regulations) are all apart of the capitalist society values. 
    • A. 

      True

    • B. 

      False

  • 2. 
    What is Bacon's idea about why we go into business?
    • A. 

      Business brings profit, eventuates in honor, build assets, generates pride, advance of the practitioners end.

    • B. 

      Business brings profit, eventuates in peace, generates self-actualization, builds community.

    • C. 

      Business brings structure, build community, builds trust, generates esteem, provides a way.

    • D. 

      Business brings profit, eventuates in honor, builds self-worth, advances the practitioners end, generates self-actualization.

  • 3. 
    The definition of productivity is the maximum output for minimum input.
    • A. 

      True

    • B. 

      False

  • 4. 
    Karl Manheim's argument Prior to 1776, their idea of utopia (the English) was the freedom of Speech. 
    • A. 

      True

    • B. 

      False

  • 5. 
    Francis Fukuyama believes that we are all at the beginning of history.
    • A. 

      True

    • B. 

      False

  • 6. 
    According to Francis Fujuyma (American political scientist and economist 1952) people are all under the language of business which is the basis for _______________
  • 7. 
    Francis Fukuyama (American political scientist and economist 1952) says here’s how you’ll know we are at the end of history “when all the old battle lines that were drawn between ______________ and _______________ will disappear and everything will move towards making money”. 
  • 8. 
    Which historical figure best describes the following insert:  gather up men (labor), build ships (capital), place to set up (land), and entrepreneurship who is the visionary that uses all of these to create a business?  
    • A. 

      Henry David Thoreau

    • B. 

      Ralph Waldo Emerson

    • C. 

      Christopher Columbus

    • D. 

      Karl Marx

  • 9. 
    Process of Capitalization - Gather up men (labor), Build Ships (_______), a place to set up (land), and entrepreneurship who is the visionary that uses all of these to create a business. 
  • 10. 
    When a new company wants to get created, they make an IPO. This Acronym refers to what? 
    • A. 

      Involved Purchase Decision

    • B. 

      Integrated Purchase Option

    • C. 

      Interest Pass Order

    • D. 

      Initial Public Offering

  • 11. 
    Columbus Purpose? One of the ideologies behind Columbus's purposes was "one gets rich by creating a more efficient way to make others rich" 
    • A. 

      True

    • B. 

      False

  • 12. 
    Columbus was considered the head Laborer. 
    • A. 

      True

    • B. 

      False

  • 13. 
    Regarding Columbus, which Statement is the least accurate specific to the purpose of the stockholders? 
    • A. 

      Provide money

    • B. 

      Get ROI (Gold and spice)

    • C. 

      Get equity of the ships

  • 14. 
    Columbus had a __________________ Style in exhange.  In Columbus __________ style he would engage in exchange to develop a relationship with the Indians to try and create willing partners, has an advantage because the Indians believe that Columbus and his men are from heaven, has an advantage of his weapons as well and shows his power by firing them
  • 15. 
    In Colombus's times, the Spanish-style of marketing development was to care for the Indians and assist them in transition over to modern-day living. 
    • A. 

      True

    • B. 

      False

  • 16. 
    In Goethe's Gaust Faust is trying to find his ________ in business? 
  • 17. 
    Mephisto is God in Faust.  
    • A. 

      True

    • B. 

      False

  • 18. 
    Baucis and Philemon as Symbols- they represent God and good people. They have a good purpose and that is to save people from the water.  
    • A. 

      True

    • B. 

      False

  • 19. 
    Meaning of Faust’s Blindness- ________________ blindness, he is full of concern and is still worried even though he thinks he has dispelled worry. 
    • A. 

      Perturbed

    • B. 

      Psychosomatic

    • C. 

      Physiological

    • D. 

      Physical

  • 20. 
    According to Michael Berman in (all that is solid melts to air 1982) either we use business development or the business develops the people. 
    • A. 

      True

    • B. 

      False

  • 21. 
    Tale of Gyges and Meaning-If you give a just man and an unjust man the ring they will both take advantage of their situation and use it for bad. Gyges is deception. 
    • A. 

      True

    • B. 

      False

  • 22. 
    According to Plato the structure of an "Ideal" city condemns the idea of a state built upon ______. 
  • 23. 
    Which philosopher coined the ideology. Needs are the basic fundamentals for survival and wants are above and beyond basic needs i.e. food is a need, gourmet food is a want, ultimately people who have an abundance of needs move towards wants. 
    • A. 

      Plato

    • B. 

      Emerson

    • C. 

      Socrates

    • D. 

      Marx

  • 24. 
    According to Aristotle, what are the two kinds of arts of acquisition? 
    • A. 

      Natural and unnatural

    • B. 

      Buying and selling

    • C. 

      Pick up and receive

    • D. 

      Charity and goodwill

  • 25. 
    According to Aristotle the two kinds of value that goods can offer our money (coin) and a barter (trade).
    • A. 

      True

    • B. 

      False

Back to Top Back to top