PEREGRINE CERTIFIE QUALITY EXAM — PRACTICE QUESTIONS
AND ANSWERS NEWEST 26/2027 ASSURED SUCCESS
Any business activity, which resorts to deceitful practices or
devices with the intent to deprive another of property or other
rights, or to cause economic injury.
External Fraud
Which of these actions would likely result in a lower current
ratio?
Holding more stocks to offer better customer service.
Increasing cash by selling excess fixed assets.
Extending the time to pay suppliers
Allowing major customers more time to pay bills.
Extending the time to pay suppliers
Dave is developing a social media platform to help Saint Leo
students plan events and track attendance. Part of his persona
profile includes age, gender and class year. What part of
segmentation best describes these factors?
Developmental
Demographic
Millennial
Psychographic
,Quantified
Demographic
Ellen, as a manager, has always been driven by scheduling,
directing group activities, planning, and trying out new ideas.
For her, meeting deadlines is critical and she always gives
explicit standards of performance. Ellen can be described as
high on which of these?
Participating
Consideration
Transformation
Delegating
Delegating
The following is a payoff table giving profits for various
situations.
State one: 0. / / 44
State 2 : 0. / / 33
State 3 : 0. / / 55
If a person were to use the expected monetary value criterion,
what decision would be made?
Alternative 1
Alternative 2
, Alternative 3
Alternative 4
Alternative 3
In the long run, the price for a perfectly competitive firm:
Will equal the minimum average total cost.
Will equal marginal cost where marginal cost is at a minimum.
Will allow for positive economic profits.
Will be determined by the firm's supply and demand curves.
Will be determined by the firm's supply and demand curves?
As an example of this strategy, large fast-food chains such as
mcdonald's and KFC rely on the same brand names and the
same core menu items around the world, but make some
concessions to local tastes too.
Global strategy
Multidomestic strategy
Multinational strategy
Transnational strategy
Transnational strategy
AND ANSWERS NEWEST 26/2027 ASSURED SUCCESS
Any business activity, which resorts to deceitful practices or
devices with the intent to deprive another of property or other
rights, or to cause economic injury.
External Fraud
Which of these actions would likely result in a lower current
ratio?
Holding more stocks to offer better customer service.
Increasing cash by selling excess fixed assets.
Extending the time to pay suppliers
Allowing major customers more time to pay bills.
Extending the time to pay suppliers
Dave is developing a social media platform to help Saint Leo
students plan events and track attendance. Part of his persona
profile includes age, gender and class year. What part of
segmentation best describes these factors?
Developmental
Demographic
Millennial
Psychographic
,Quantified
Demographic
Ellen, as a manager, has always been driven by scheduling,
directing group activities, planning, and trying out new ideas.
For her, meeting deadlines is critical and she always gives
explicit standards of performance. Ellen can be described as
high on which of these?
Participating
Consideration
Transformation
Delegating
Delegating
The following is a payoff table giving profits for various
situations.
State one: 0. / / 44
State 2 : 0. / / 33
State 3 : 0. / / 55
If a person were to use the expected monetary value criterion,
what decision would be made?
Alternative 1
Alternative 2
, Alternative 3
Alternative 4
Alternative 3
In the long run, the price for a perfectly competitive firm:
Will equal the minimum average total cost.
Will equal marginal cost where marginal cost is at a minimum.
Will allow for positive economic profits.
Will be determined by the firm's supply and demand curves.
Will be determined by the firm's supply and demand curves?
As an example of this strategy, large fast-food chains such as
mcdonald's and KFC rely on the same brand names and the
same core menu items around the world, but make some
concessions to local tastes too.
Global strategy
Multidomestic strategy
Multinational strategy
Transnational strategy
Transnational strategy
