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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. The goal of U.S. monetary policy is to
2. Total revenue minus cost of goods sold divided by revenue equals
3. In determining where to locate a manufacturing facility, a company needs to consider
4. 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?
5. The ISO 9000 label indicates that a company’s products
6. The role of the World Bank in global development is to
7. The airline industry with few competitors could be characterized as
8. Advertising, public relations, sales promotions, and personal selling are the components of which of the following?
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(n)
11. Which of the following illustrates the concept of direct foreign investment?
12. What is a disadvantage to e-tailing for consumers?
13. In which stage of a product’s life cycle do competitors introduce rival products?
14. What is a major disadvantage of buying an existing business?
15. Jack’s department is charged with analyzing data to find trends and patterns, which is known as
16. Currency depreciation causes
17. Which of the following is an example of a company’s exercising its corporate social responsibility?
18. A nation has a comparative advantage in a certain good when that country
19. A characteristic of business-to-business markets is
20. Taking out a bank loan has an advantage over having an angel investor because
21. The amount of goods and services that will be bought at all price levels at a given point in time is
22. Competition from goods manufactured in developing countries is used to support which of the following arguments for a protectionist trade policy?
23. Which of the following can be binding on both sides in a labor dispute?
24. Which of the following are reasons that motivate people to become entrepreneurs?
I. Desire to control what they work at and how they do their work
II. Desire for flexibility in their lives
III. Desire to make more money
25. A balance sheet details a company’s

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