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DSST Introduction to Business Exam Practice Test 1
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The DSST Introduction to Business exam covers the basics of economic issues; international business; government and business; business ownership; entrepreneurship and franchise; management process; human resource management; production and operations; marketing management; financial management; risk management and insurance; and management and information systems. The exam contains 100 questions to be answered in 2 hours. Exam content: Foundations of Business – 20% a. Forms of Business Ownership b. Government and Business c. Economics of Business Functions of Business – 60% a.... Show more
DSST Introduction to Business Exam Practice Test 1
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20 Questions

1. Which of the following measures the market value of goods and services produced within a country during a year?
2. A company’s extranet is available to
3. The second step in effective decision making is to
4. Which of the following describes the time value of money concept?
5. An example of direct marketing is a/an
6. eBay® is an example of what type of e-commerce?
7. Unemployment that is caused by a lack of demand for workers because of conditions in the economy is
8. Which of the following affect the demand for a product?
I. Changes in consumer preferences
II. The price of substitute goods
III. Decrease in the number of suppliers for the raw materials in the product
9. Among other traits, an affiliative leadership style
10. A major risk to companies that shift manufacturing to other countries is
11. Which of the following systems adds value to all businesses involved in producing goods from raw materials to finished product?
12. Insider trading directly violates ethical conduct toward
13. Buying a smartphone because everyone in your group has one illustrates what type of influence on consumer behavior?
14. What does SWOT stand for?
15. A U.S. tech company hires a company in Ireland to handle its help line. The U.S. company is
16. Which of the following is an example of public relations?
17. Which of the following is the most common form of business ownership in the United States?
18. Which of the following describes a drop shipper?
19. A cafeteria benefits plan provides employees with
20. The targeted market segment for the magazine Popular Science is probably based on

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