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DSST Introduction to Business Exam Practice Test 3
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DSST Introduction to Business Exam Practice Test 3
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25 Questions

1. Which of the following is an internal environment that affects how companies do business?
2. Which of the following is an accounting function in a company?
3. In determining where to locate a manufacturing facility, a company needs to consider
4. The ISO 9000 label indicates that a company’s products
5. In backward scheduling, the operations department has to schedule
6. An organization would typically write an intermediate goal for something it wished to accomplish
7. Price skimming is used in which stage of the product life cycle?
8. Using an Internet job site is what type of recruiting for a new hire?
9. What is a major disadvantage of buying an existing business?
10. The role of the World Bank in global development is to
11. A nation has a comparative advantage in a certain good when that country
12. Which of the following is a contingent worker?
13. How is B2B e-commerce similar to traditional B2B selling?
14. A flat organizational structure is most often found in a(n)
15. Statutory law is law
16. Advertising, public relations, sales promotions, and personal selling are the components of which of the following?
17. An organization that changes and adapts to its environment is referred to as a
18. Taking out a bank loan has an advantage over having an angel investor because
19. To calculate net income, an accountant would need what information?
I. Total revenue
II. Total assets
III. Total expenses
20. The airline industry with few competitors could be characterized as
21. Which of the following poses a question of social responsibility for a company?
22. Which of the following is an intrinsic motivator for employees?
23. The benefits that buyers receive from a product are categorized as what type(s) of utility?
24. A characteristic of business-to-business markets is
25. According to the principles of financial management, which of the following should be paid for through the issuance of corporate bonds?

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