Home > General Studies (Hindi) > Quizzes > Penn Foster BUS 101 Introduction to Business
Penn Foster BUS 101 Introduction to Business
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 61% • Most missed: “On an income statement the revenues are more than the expenses. This results in …”

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
Time left 00:00
25 Questions

1. The C Corporation is another term for

2. Which of the following are the amounts left over from profitable operations since the firms beginning

3. Philanthropy is a a way that businesses exercise community responsibility through such acts as

4. Which of the following represents the customers feeling that A product has met or exceeded expectations

5. The combination of two companies that join to form one company is called a

6. What must be paid first to preferred stockholders before the company can pay to any common stockholders

7. A formal written statement that describes in detail the idea for a new business and how it will be carried out

8. On an income statement the revenues are more than the expenses. This results in which of the following

9. A country with a surplus of oil but limited access to fresh water decides to trade resources with A country with plentiful water but no domestic oil fields. The two countries exchange these resources without any money involved. This exchange of products is best described as

10. Obeying the law is a business's ____ responsibility

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

12. A company should use _____ to resolve differences among hundreds of acquired businesses, unifying them into a whole, to save millions per year by making better use of existing resources and data

13. A financial manager must manage the opportunity for profit. What is this called

14. ______ Involves presenting an accurate and positive image of the firm to potential employees

15. A type of business entity that provides liability protection but is taxed like a partnership is a/an

16. Which of the following has enabled accounting firms to add five times more clients than traditional accounting firms

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

18. A structure in which authority and responsibility are held by a group of workers rather than a single manager is called a ____ structure

19. Which of the following is a question to ask during IT project planning

20. Economic expansion occurs when

21. Which statement about a corporation is accurate

22. Which of the following is best defined as a trade agreement in which one company allows another company to use its company name, products, patents, brands, trademarks, raw materials and/or production processes in exchange for a fee or royalty

23. Where are old securities bought and sold

24. _____ planning is short- range, detail planning that's based on long-range planning. It typically has a time frame of less than one year

25. Elton Mayo, America's first industrial psychologist, was responsible for formulating

⚡ Recently practiced quizzes in this topic
Live quiz activity
Objective GS (General Studies) in हिन्दी - Indian States & The Company Rajasthan GK Hindi - Fairs & Festivals Objective GS (General Studies) in हिन्दी - Indian Polity - Historical Background of Constitution Objective GS (General Studies) in हिन्दी - Indian Polity - Judiciary Rajasthan GK Hindi - Culture Objective GS in Hindi - General Geography - Air Pressure, Humidity & Air Movement Rajasthan GK Hindi - Energy Rajasthan GK Hindi - Tourism Rajasthan GK Hindi - Rajasthan Introduction Rajasthan GK Hindi - Rivers & Lakes
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.