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Penn Foster BUS 101 Introduction to Business
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This course provides an understanding of the various facets of business and the challenges businesses face in a global environment such as competition and economics. Accounting, technology and information systems, marketing and management are examined through the phases of starting and growing a business. Management of financial and human resources along with the ethical and social responsibilities of business are examined.

Penn Foster BUS 101 Introduction to Business
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25 Questions

1. Which of the following is a critical IT solution for attracting and retaining younger workers

2. Which of the following is unsecured short term debt that a financial manager looks for as low risk investment with a high return

3. _____ are organizations formed by individuals or businesses with similar interests to achieve greater economies of scale and economic power through collective ownership

4. ______ is responsible for identifying the Theory Z style of management

5. In the ______ stage of product lifecycle, sales grow at an increasing rate, profits are health, and many competitors enter the market

6. Which of the following indicates that a person has begun the process of resolving an ethical issue?

7. The relatively consistent pattern of behavior that characterizes a leader is called his or her _____ style

8. ______ skills are a managers ability to operate in diverse cultural environments

9. Categories such as education and household size Represent which of the following

10. The outcome of business's efforts are

11. The US has a budget deficit of more than $18 trillion. A budget deficit occurs when a nation

12. Which of the following is profit oriented financial institution that accepts deposits, makes business and consumer loans, and provides other financial services

13. Which of the following can help generate complete sets of data that will improve the overall details of the auditing process

14. The C Corporation is another term for

15. Where are old securities bought and sold

16. The _____ defines the relationships of authority from one level of organization to the next, from top to bottom

17. Coca-cola enterprises (CCE) is the largest bottler and distributor of coke products in the world. It's organized around its North American and European divisions. This departmentalization by _____ allows CCE to respond to the demands of different markets

18. In _____, workers are trained to be able to do any of the steps in the production process

19. ______ products are either known by the consumer but not actively pursued, or unknown to the consumer. Such as the case with new technologies

20. Which of the following often make short term loans for which borrowers put up tangible assets because they can't get credit elsewhere

21. The objectives of a ______ depend on the general behavior of target consumers

22. _______ is financing obtained from investment firms that specialize in financing small high growth companies and receive an ownership interest and a voice in management in return for their money

23. Which of the following is off the job training

24. _______ proposed a theory of motivation based on universal human needs

25. The practice of introducing a new product on the market with a high price and then lowering the price over time is called

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