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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. Encryption software protects a company’s e-mail by
2. 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?
3. In terms of assets, brand recognition and a company’s reputation are classified as
4. Which of the following is an internal environment that affects how companies do business?
5. What is a disadvantage to e-tailing for consumers?
6. To help new junior employees learn their jobs and adjust to the company culture, some companies
7. Which of the following type of information systems software allows users to create new types of information?
8. Software that is designed to disrupt a computer’s operation is
9. Employees who feel connected to the company and to their fellow employees most likely fall into which category in Maslow’s hierarchy of needs?
10. A flat organizational structure is most often found in a/an
11. Total revenue minus cost of goods sold divided by revenue equals
12. A Gantt chart shows the
13. Jack’s department is charged with analyzing data to find trends and patterns, which is known as
14. McDonald’s® Big Mac® is a
15. A balance sheet details a company’s
16. Which of the following is an intrinsic motivator for employees?
17. A nation has a comparative advantage in a certain good when that country
18. A small business selling craft materials and needing money to balance out cash flow would most likely
19. Which of the following is a conceptual skill that managers need to be effective?
20. The benefits that buyers receive from a product are categorized as what type(s) of utility?
21. Businesses fail for which of the following reasons?
I. Ineffective financial controls
II. Lack of adequate capitalization
III. Inexperienced management
22. Which of the following is an example of a shopping good?
23. An organization that changes and adapts to its environment is referred to as a
24. In which stage of a product’s life cycle do competitors introduce rival products?
25. Which of the following is an advantage to a business partnership over a sole proprietorship?