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Questions in business

📝 Answered - Over the period of a year, Julie's net worth decreased. Which of the following could be true? A. Julie's assets and liabilities decreased by the same amount. B. Julie's assets and liabilities increased by the same amount. C. Julie's assets increased by more than her liabilities. D. Julie's assets decreased by more than her liabilities.

📝 Answered - In the past, PajamaGram marketed pajamas only to women. Now the company offers pajamas for men and children. This is an example of a Select one: A. market development B. product development C. market penetration D. product penetration E. divestment

📝 Answered - What is a potential drawback of using a Flexible Spending Account (FSA)? A. Any amounts exceeding the annual limit may be forfeited. B. The funds in the account earn a high interest rate. C. The account can only be used for medical expenses. D. The amount that can be contributed to the account is unlimited.

📝 Answered - Before opening a checking account, what is something to consider? A. The amount of assets you have. B. How much money your parents make. C. The amount of money you want to make at your job. D. The minimum amount required in the account at all times.

📝 Answered - When operating a powered industrial truck, what should you do? A. Drive it like you would a car B. Drive quickly to complete tasks faster C. Follow the rules of the road D. Tell everyone to stop working while you're driving it

📝 Answered - Which of the following is not an example of professional behavior? A. Having a general knowledge of one's job and company B. Possessing a strong work ethic C. Speaking appropriately D. Acting with integrity

📝 Answered - Graduated payments result in the borrower paying: A. The mortgage at 1/2 the standard rate B. Less at the beginning of the mortgage C. Less at the end of the mortgage D. None of these

📝 Answered - Choose the correct answer for each question from the given alternatives A, B, C and D. Write the letter of your choice in the box provided. QUESTION 1 The definition of economics states that "economics is about how societies manage their scarce resources to satisfy unlimited needs and wants." This tells us that all societies are faced with a problem. What is that problem? A. Scarcity B. Unlimited wants C. Resources have alternative uses D. Wants vary between person to person QUESTION 2 The problem of scarcity tells us that there is A. shortage of wants and resources. B. abundance of resources but lack of wants. C. scarce resources but limited needs and wants. D. unlimited ends but limited resources to satisfy all these ends. QUESTION 3 Why do societies need to make choices? A. To identify costs and benefits. B. To identify the most important wants. C. To help economies make good decisions. D. Because resources are scarce and wants are unlimited.

📝 Answered - The table shows the number of hours an employee worked each day of the week. Which of the payment options would you recommend to a new employee? a. Either one. Hourly and salaried employees earn the same amount per week. b. Hourly pay. Hourly employees make more per week than salaried employees. c. Salaried pay. Salaried employees make more per week than hourly employees. d. There is not enough information given to compare weekly earnings.

📝 Answered - Place the steps to ending a business call politely in sequential order. 1. Clearly say goodbye. 2. Make sure you answered all the caller's questions. 3. Make sure all business is complete. 4. Choose your words carefully to wind down the conversation. 5. Thank the caller.