Question

Anything that can be used for the payment of goods and services is defined as

A) finance.

B) commerce.

C) money.

D) a medium.

E) value.

Accounting refers to the process of

A) recording, measuring, and interpreting financial information.

B) producing goods and services.

C) forecasting income and expenses for a set period of time.

D) moving money through an organization on a daily basis.

E) developing promotional plans.

Google can use web searches done through its search engine to learn about customer interests. This underlies the ________ aspect of digital communication.

A) control

B) addressability

C) connectivity

D) accessibility

E) interactivity

Before introducing a new product, a prototype is created at the ________ stage.

A) idea development

B) product commercialization

C) test marketing

D) product development

E) idea generation

Through ________, marketers ascertain the need for new goods and services.

A) selling activities

B) grading activities

Network Press, a printing business, posts an advertisement inviting applicants to pursue a role as a graphic designer. The company specifies that the job will involve illustrating content by designing aesthetically tasteful layouts. This is an example of a job

A) appraisal.

B) description.

C) enquiry.

D) analysis.

E) specification

C) marketing research

D) promotions

E) campaigns

Brandon works as an electrician, going into people's homes and offices to set up and repair electrical systems. When he sees a dangerous condition, he reports it to the home or business owner immediately and begins working to fix the situation. He wears safety goggles and gloves while he is working, and he has a comprehensive insurance plan with income protection in the event that he becomes unable to work. Brandon's actions are most related to Maslow's ________ needs.

A) security

B) social

C) physiological

D) self-actualization

E) esteem

A consumer electronics company is deciding what new products to manufacture and for what group of customers. Once that information has been decided, it will have to determine what processes it needs to make these products, as well as the facilities it needs to produce them. These decisions comprise ________ planning.

A) enterprise resource

B) human resource

C) succession

D) material-requirements

E) operations

________ is the division of labor into small, specific tasks and the assignment of employees to do a single task.

A) Specialization

B) Job rotation

C) Accountability

D) Outsourcing

E) Centralization

Hiring people to carry out the work of an organization is known as

A) factoring.

B) bartering.

C) staffing.

D) controlling.

E) directing

Certificates of deposit (CDs) are accounts with funds that usually cannot be withdrawn without advance notice and/or have limits on the number of withdrawals per period.

Group of answer choices

True

False

Answer 1

1. E.

Value of the supply of the goods and services is the transaction value when the transaction made between unrelated persons and the price is the sole consideration for the transaction.

2. A

Accounting is the process or work of keeping financial accounts. Means the process of recording, measuring and interpreting the results of the financial information.

3. D

Accessibility is the practice of making websites usable by as many people as possible to know the information they require. Google is using search engines to make available the date required by the user.

4. B

5. B

Grading is the process of dividing the products into lots which are similar characteristics. Products of different qualities should be separated into groups or lots and similar quality products are put into a grade and estimate the need and demand pattern of the product.

6. B

Job description mentions clearly the roles and responsibilities of the desired candidate which is suitable for the position.

7. A

Security needs are those which will prevent from the uncertain events or happening and will provide the financial backing in case of financial loss.

8. E

Operations planning covers the what to be produced, for whom to be produced, when to be produced, and how much to be produced.

9. B

Job rotation means the practice of moving employees between different tasks to promote experience and variety.

10. C

Staffing is a managerial function which involves obtaining, utilising and retaining, qualified and competent personnel to fill all positions of an organisation, from top to operative echelon.

11. A

Certificate of Deposit is a certificate issued by a bank to a person depositing money for a specified length of time at a specified rate of interest.