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DSST Introduction to Business Exam Practice Test 2
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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 2
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25 Questions

1. A flat organizational structure is most often found in a/an
2. The airline industry with few competitors could be characterized as
3. A characteristic of business-to-business markets is
4. To help new junior employees learn their jobs and adjust to the company culture, some companies
5. Which of the following is an example of a shopping good?
6. In which stage of a product’s life cycle do competitors introduce rival products?
7. What is a disadvantage to e-tailing for consumers?
8. An organization would typically write an intermediate goal for something it wished to accomplish
9. In terms of assets, brand recognition and a company’s reputation are classified as
10. The Smith Company wants to enter the German market with its product and decides to establish the business with a German company. They are setting up what kind of business?
11. In determining where to locate a manufacturing facility, a company needs to consider
12. A Gantt chart shows the
13. Which of the following is characteristic of a market economy?
14. The amount of goods and services that will be bought at all price levels at a given point in time is
15. Currency depreciation causes
16. Enterprise resource planning program (ERPP) software does which of the following?
17. Which of the following is a true statement about the minimum wage?
18. The benefits that buyers receive from a product are categorized as what type(s) of utility?
19. Which of the following can be binding on both sides in a labor dispute?
20. Which of the following poses a question of social responsibility for a company?
21. Which of the following is an intrinsic motivator for employees?
22. A balance sheet details a company’s
23. Which of the following is an example of dumping?
24. According to the principles of financial management, which of the following should be paid for through the issuance of corporate bonds?
25. An organization that changes and adapts to its environment is referred to as a

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