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DSST Introduction to Business Exam Practice Test 1
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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 1
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20 Questions

1. A company’s extranet is available to
2. The targeted market segment for the magazine Popular Science is probably based on
3. Which of the following systems adds value to all businesses involved in producing goods from raw materials to finished product?
4. Which of the following measures the market value of goods and services produced within a country during a year?
5. Unemployment that is caused by a lack of demand for workers because of conditions in the economy is
6. Which of the following measures the market value of goods and services produced within a country during a year?
7. A company’s extranet is available to
8. A major risk to companies that shift manufacturing to other countries is
9. Which of the following is the most common form of business ownership in the United States?
10. Which of the following describes a drop shipper?
11. Which of the following affect the demand for a product?
I. Changes in consumer preferences
II. The price of substitute goods
III. Decrease in the number of suppliers for the raw materials in the product
12. eBay® is an example of what type of e-commerce?
13. The targeted market segment for the magazine Popular Science is probably based on
14. A major risk to companies that shift manufacturing to other countries is
15. Which of the following describes the time value of money concept?
16. An example of direct marketing is a/an
17. A U.S. tech company hires a company in Ireland to handle its help line. The U.S. company is
18. What does SWOT stand for?
19. The second step in effective decision making is to
20. Which of the following describes the time value of money concept?