BUS 210 Week 9 Individual Assignment Knowledge Check


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BUS 210 Week 9 Individual Assignment Knowledge Check

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Complete the Week Nine Knowledge Check
 
1.
What term best describes the buyers and sellers available for a particular product?
A. Market
B. Demand
C. Company
D. Supply
2.
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:
A. As price decreases, quality increases.
B. As price decreases, quantity increases.
C. As quantity decreases, price decreases.
D. As price increases, quality increases.
Concept: Business Systems
Mastery 100% Questions 3
3.
Marketing, operations, sales distribution, and customer service support are included in
what functions of a business?
A. Tertiary function
B. Complimentary function
C. Primary value function
D. Secondary value function
Concept: SWOT Analysis
Mastery 100% Questions 4
4.
A detailed SWOT analysis would classify competition in the industry or market as a
A. strength
B. weakness
C. opportunity
D. threat
5.
A three stage business plan is used by managers. Which of the following is one of the
stages?
A. Assembling raw materials into finished products
B. Calling customers to sell products
C. Answering questions about products from customers
D. Selecting goals and targets for team members
6.
Which component of the HRM system determines who is the best fit for the organization’s
specific job requirements?
A. Labor relations
B. Performance appraisal and feedback
C. Pay and benefits
D. Recruitment and selection
7.
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. Direct approach
B. Supportive approach
C. Achievement-oriented approach
D. Participative approach
 

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