UOP BUS211 All Weeks Quizzes

BUS211 Foundations Of Business

Week 1 Quiz

What is defined as the absolute monetary difference between sales revenues and operating costs?

In general, the more a particular product is valued, the more it is demanded. Which is true in regard to this statement?

Information technology, e-commerce, human resource management, and procurement are included in what type of value chain function in a business?

What was the original purpose of the limited liability company?

Which of the following businesses is the best example of when to set up a limited liability company in order to control financial risk of the stockholder(s)?

What measures how efficient a company uses its capital and resources to generate returns for its investors?

What are the three components that make up a business system?

Which of the following best describes a joint-stock company structure?

If a company were to have a total sales revenue of $50 and a total operating cost of $37, what is the total profit?

Which of the following best describes limited liability as it relates to a business?

Which of the following businesses best matches the definition of a sole proprietorship?

What defines a group of companies that have similar products and business activities?

What law refers to the tendency of people to buy more of a product when the price is lower and less of it when its price is higher?

What are the four productive resources that make a business possible?

This is the point at which the supply of the product just meets the demand for it.

Which of the following best describes a system through which goods or services are exchanged for capital with the aim of making a profit?

Enterprise, as a main component of business, requires which of the following?

If a business partnership grows, what is usually added over time?

How does specialization assist a business in becoming more productive?

Imagine Company A has a total profit of $40 million and that it invested $400 million in the course of a year. Company B has a total profit of $20 million and has invested $80 million over the course of the year. Which company has the greater profitability?

Which of the following is the best example of a business partnership?

Capital, land, enterprise, and labor are all costs associated with making and selling goods. What do they determine?

What equation correctly shows how profit is calculated?

What is an obstacle that professionals avoid in a sole proprietorship?

Who assumes all liability for debt created in a sole proprietorship?

In economics, what principle indicates the value placed on a product lessens as consumption increases?

What will most likely increase the demand for better quality goods and services?

Which equation correctly shows how to calculate profitability?

What law shows that there is a direct relationship between the price of a product and the amount that is supplied in the market?

Which term refers to the total money or assets of a business?

Which of the following is the best advantage of a joint-stock company?

Which of the following best describes a partnership?

What is the best way to raise funding for a joint-stock company?

 

BUS211 Foundations Of Business

Week 2 Quiz

Jones (2007) describes a three-stage business plan used by managers. Which of the following is one of the stages?

Important issues can arise concerning how and when payments are made to this group of stakeholders?

There are several advantages a company can gain over its competition by behaving in an ethical way. The main advantage is  

A detailed SWOT analysis would classify competition in the industry or market as a   

What is the definition of a business plan?

The utilitarian rule bases a business decision on which of the following?

What is the primary role of a non-managerial employee?

Which of the following impact ethical practices in business at home and abroad?

The U.S. Department of Labor Occupational Safety and Health Organization (OSHA) is the government agency primarily responsible for

A detailed SWOT analysis would classify a well developed and informed business model as a 

What rules can managers employ as guidelines to analyze the effects of their business decisions on stakeholders?

Which of the following best describes how an employee can increase his or her chances of being promoted inside an organization?

Who has a claim on a company because they own shares?

What is a difference between an employee and a manager?

What is a copyright?

How do managers help the company’s stakeholders?

Which two types of laws have been enacted to promote a company’s continued existence and profitability?

This is a process of dissolution of a business through which its assets are sold to repay its creditors.

Which law was enacted to force companies to more fully disclose their financial results and to protect stockholders of the company?

A detailed SWOT analysis would classify a poorly designed marketing plan as a

Laws governing diversity endeavor to motivate employers to

Which answer contains the three types of entrepreneurial activities?

When an entrepreneur uses advancing technology to find a new way to make or supply a product, the entrepreneur utilizes which of the following opportunities?

This Act was passed by congress to protect air quality and motivate companies to pollute less.

Which example best describes an organizational opportunity?

What type of information is within a business plan?

Anti-trust legislation exists

Which of the following best describes the employee “role”?

Which ACT prohibits U.S. companies from paying bribes in order to win contracts abroad?

Which of the following best defines the entrepreneurship process?

This type of law exists to ensure that people have the skills they need to properly serve the public interest.

Which of the following people or groups supply a company with   productive resources and are affected by the way a company does business?

When is a business plan developed?

This is the effect of unethical behavior on business commerce.

What are the four elements of a SWOT analysis?

 

 

 

 

BUS211 Foundations Of Business

Week 3 Quiz

Formal events that recognize an employee or group that have benefited the company by their works are

Which of the following could cause an individual to avoid performing a required job task according to expectancy theory?

Maslow’s Need Theory is an hierarchal format that deals with ‘what’ is important to individuals.  Which of the following hierarchy most accurately reflects Maslow’s hierarchy?

Organizational design is best defined as

An organizational performance is increased with employees working in teams since

According to the goal-setting theory, job performance goals should 

Businesses often promote norms which are entrepreneurial or conservative in nature. Why?

Which theory tries to explain the psychological factors underlying why an individual selects a task and exerts effort in performing a task?

Which of the following best describes a company that has established a professional culture?

Employees quickly figure out and adopt the values and norms desired by their company. What is this process called?

Which of the following in the best example of active listening?

What best describes company norms?

Managers can cause organizational dysfunction by doing which of the following?

Which of the following best describes sources of a company’s culture?

Employees will most often be motivated to initially fulfill basic needs rather than higher level needs. Which of the following satisfies a higher need?

The Matrix Structure is a unique organizational structure that responds to rapid changing situations. Which of the following is a component of this structural design?

Being goal oriented has shown to be paramount to a person’s success. Why?

Which of the following best describes how the values of the company’s founder influence an organization?

What work attitude would a leader promote to influence his or her worker?

What are teams grouped by areas of expertise?

Which of Maslow’s Hierarchy of Needs is geared toward personal fulfillment?

Company values are shared standards that employees use to

A company who desires to develop new or improved products would fit best with what type of team?

What form of business communication offers the highest form of persuasive communication?

What is the definition of a team?

What form of business communication offers the lowest form of persuasive communication?

What does the amount of conflict in an organization signal?

The motivational theory that tries to determine how much work is needed for a specific outcome is

Which of the five sources of a leader’s power would be demonstrated by a leader with rightful authority to direct and control an employee’s activities?

What best describes the contingency approach, as it relates to organizational design?

Companies with a strong culture may hold meetings to announce the company’s achievements. Which source of company culture would best describe this activity?

 

BUS211 Foundations Of Business

Week 4 Quiz

Which best describes e-commerce?

The combination of which two factors gives people the ability to better react to the economic environment in which they function?

What is the major advantage of broadband technology?

Which of the following best describes the result of information overload?

Which of the following costs is associated with a firm’s operations and materials management function?

Which of the following best explains how information technology improves innovation in a company?

The operating system that combines both the benefits of customized products and low cost production is called

Information technology improves customer responsiveness by

Which component of the HRM system provides employees with the knowledge and skills necessary to perform their job?

Which of the following is software developed for business within the same industry to conduct trading?

For what purpose do businesses consider establishing maquiladoras?

One major result of organizational learning is

Which of the following describes managers’ ability to use the collection and analysis of data to gain information about various tasks and operations to increase the efficiency of a particular function?

The aim of this process is to align human resources recruitment and retention with future organizational goals.

According to Jones (2007), the hardware and software components of a company’s existing IT systems are called its

Of the three stages in operation and materials management, which stage comes first?

Which best describes B2B commerce?

Which component of the HRM system strives to ensure equity and fairness in dealing with employee issues and concerns?

According to Jones (2007), the semi-finished goods and services that go through a company’s production process are called

Which of the following is a key benefit of mass production operating systems?

Which of the following is a form of information that is constantly updated to make sure that decisions can be as up-to-date as possible?

In the 1990’s, the Windows operating system, created by Microsoft, was installed in 90% of the world’s PCs. This kind of penetration in the personal computer business made Windows the

Which of the following is the correct order of the operations and material management process?

In the history of modern computers, which of the following came first?

According to Jones (2007), what attributes should information provided to managers have to be useful to the organization?

Which of the following is one of the four major sources of competitive advantages provided by information technology?

Which is the process that aims at identifying company inefficiencies and then determines where improvements are needed?

Which of the following best describes information learned from a Position Analysis Questionnaire (PAQ)?

Some examples of elements in the operations stage of the operations and material management process include

Which component of the HRM system provides employees with information about their performance relative to job expectations?

According to Jones (2007), which type of operating system is designed to make unique or custom-made products?

 

BUS211 Foundations Of Business

Week 5 Quiz

A three stage business plan is used by managers. Which of the following is one of the stages?

Which component of the HRM system determines who is the best fit for the organization’s specific job requirements?

Marketing, operations, sales distribution, and customer service support are included in what functions of a business?

What leadership approach would a leader take if they were to combine a concern for the well-being of the employee with an approachable demeanor and attitude?

A detailed SWOT analysis would classify competition in the industry or market as a

What term best describes the buyers and sellers available for a particular product?

When looking at a demand curve for a particular product. The slope falls downward from left to right. This slope shows which of the following: