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FBLA Introduction To Business Test 3
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FBLA Introduction To Business Test 3
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25 Questions

1. What is the type of insurance that protects a car owner against financial loss resulting from a wreck or rollover called?
2. The Gross Domestic Product (GDP) is the total dollar value of all final goods and services produced in a country during one year and include three major categories. Which one of the following is not one of those categories?
3. What happens each time a person makes a car payment?
4. Which one of the following is not one of the major principles of the U.S. economic system?
5. ___ is not an ethical violation by employees.
6. Comparison shoppers do not usually evaluate:
7. Which one of the following would be used by a manager who wanted to fill a position using an internal source?
8. The government of a particular country owns and controls all economic resources and decides how those resources will be used. This is an example of a:
9. ___ is not a type of permanent life insurance.
10. An important first step in the career planning process is:
11. The ___ is a type of money order typically issued by travel agencies, supermarkets, pharmacies, and convenience stores.
12. Due to the large financial losses suffered by the victims of Hurricane Katrina, what has happened to insurance deductibles?
13. The making, buying, and selling of goods and services within a country is called:
14. In an effort to increase customer loyalty, management at Palms International has worked to create a personal dialogue with their customers. This dialogue will enable Palms to offer products that exactly meet their customers' needs and provide personalized service before and after the sale. Palms International's new strategy illustrates:
15. Since Linda writes many checks each month, the ___ checking account is probably the best choice for her.
16. Patrick lives in a capitalist country. He owns his own home and car, as well as his own business and building. Patrick is able to maintain ownership of these items under the right to:
17. A tax that a government places on certain imported products is called a(n):
18. ________is the amount a business earns over and above what it spends for salaries and other expenses.
19. When a company has a code of ethics:
20. When an item is not received or returned and the item is billed to the customer's credit card, the customer has ___ to dispute it.
21. Which one of the following is the easiest way to become a business owner?
22. After the interview, you should send a ____________to the person who interviewed you.
23. Which one of the following is, in general, the best known magazine in the area of product quality?
24. The abbreviation for an incorporated U.S. company is 'Inc.' Which one of the following is the equivalent abbreviation in England?
25. Which one of the following statements best reflects the concept behind the rule of indemnity?

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