Business

MGT 100 test 2

Chapter 9 Leadership and Decision Making

Chapter 2 Understanding Business Ethics and Social Responsibility

1 Copyright © 2017 Pearson Education, Inc. Business Essentials, 11e (Ebert/Griffin) Chapter 16 Understanding Money and the Role of Banking 1) Which of the following banking instruments has a fixed term? A) Demand deposits B) Time deposits C) Money market mutual funds D) Credit card accounts E) Savings accounts Answer: B Explanation: B) Time deposits such as certificates of deposit (CDs), have a fixed term, are intended to be held to maturity, cannot be transferred by check, and pay higher inter...

1 Copyright © 2017 Pearson Education, Inc. Business Essentials, 11e (Ebert/Griffin) Chapter 6 Organizing the Business 1) Which term refers to the specification of jobs to be done within an organization and the ways in which those jobs relate to one another? A) Delegation B) A mission statement C) Job specialization D) Role responsibility E) Organizational structure Difficulty: Easy AACSB: Application of knowledge Objective: 6.1: Discuss the factors that influence a firm's organizational stru...

1 Copyright © 2017 Pearson Education, Inc. Business Essentials, 11e (Ebert/Griffin) Chapter 5 Managing the Business 1) Which business constituents analyze their competitive environments and plan, organize, direct, and control the operations of their organizations? A) Stockholders B) Managers C) Regulators D) Agents E) Customers AACSB: Application of knowledge Objective: 5.1: Describe the nature of management and identify the four basic functions that constitute the management process. 2) Which...

1. Which of the following is true with regard to a good decision? a. It ensures that good outcomes will be obtained b. It accounts for unlucky outcomes c. It should be independent of the sequencing of uncertainties and decisions d. It should incorporate all information about uncertainties and alternatives e. All of these options 2. All problems related to decision making under uncertainty have three common elements: a. the mean, median, and mode b. the set of decisions, the cost of each decisio...

1. To examine relationships between two categorical variables, we can use a. counts and corresponding charts of the counts b. scatterplots c. histograms d. none of these options 2. Tables used to display counts of a categorical variable are called a. crosstabs b. contingency tables c. both of these options d. neither of these options 3. The Excel function that allows you to count using more than one criterion is a. COUNTIF b. COUNTIFS c. SUMPRODUCT d. VLOOKUP e. HLOOKUP 4. Example of comparis...

1. A sample of a population taken at one particular point in time is categorized as: a. categorical b. discrete c. cross-sectional d. time-series c 2. Excel stores dates as a. numbers b. variables c. records d. text a 3. Researchers may gain insight into the characteristics of a population by examining a a. mathematical model describing the population b. sample of the population c. description of the population d. replica b 4. In order for the characteristics of a sample to be generalized to ...