AFM 132 - Practice Exam + Quiz
Questions, All Graded A+ Brand New
Exam Questions With 100% Correct
Answers, All Graded A+, Guaranteed
Success.
Porter's 5 forces considers the political, economic, social, technological, and
overarching factors that may impact the success of a business. - ANSWER-✅✅False
The manager of Extreme Sporting Goods is concerned that cash expenditures have
been exceeding cash receipts for the last six months, suggesting that Extreme is
suffering from a(n) ____________ problem. - ANSWER-✅✅cash flow
Johnny was asked to come up with new ideas to launch a product that complements
his company's existing mix of products. Johnny would be classified as a(n). -
ANSWER-✅✅intrapreneur
In Canada, municipal governments are set up by the federal government to oversee
issues that impact cities, towns, and districts. - ANSWER-✅✅False
In a global business environment, a small business needs to worry about all of the
following, EXCEPT: - ANSWER-✅✅the lack of opportunities on the world stage
, One problem of conducting a social audit is: - ANSWER-✅✅determining what to
measure and how to calculate the impact on society
In an interview, employers can ask about job ability, family status, and sexual
orientation. - ANSWER-✅✅False
A venture capitalist is a wealthy individual that likes to invest in early-stage
businesses. - ANSWER-✅✅False
Sassy Signs and Labels allows each customer to pay their bill within 30 days and
includes "3/15 net 30" on their invoices. This gives customers a: - ANSWER-✅✅3%
discount if they pay in 15 days
Why is it useful for Balance Sheet users to see current assets and current liabilities
clearly identified? - ANSWER-✅✅to assess the company's ability to pay current
liabilities
A small business can fail due to undercapitalization and poor cash flow management.
- ANSWER-✅✅True
Triple bottom-line reporting is all about: - ANSWER-✅✅reporting on the
environmental, social, and economic impacts of business activity
All of the following are important considerations about international business,
EXCEPT: - ANSWER-✅✅employers value graduates with a local mindset
Auto gradedGrade:0/1.0
The following statements are true about participating in the global market, EXCEPT:
- ANSWER-✅✅only large companies can compete in foreign markets
Top managers make less use of _________ skills than first-line managers. - ANSWER-
✅✅technical
Lean manufacturing supports the following, EXCEPT: - ANSWER-✅✅gradually
reducing the amount of products you make
A(n) __________ code of conduct sets guiding values and stresses shared
accountability for employees to do the right thing. - ANSWER-✅✅integrity-based
In small organizations, the employee experience may be managed through roles
such as a Finance Manager. - ANSWER-✅✅True
Australia is an extremely efficient producer of peaches, but its climate makes it
difficult to produce grapes for ice wine. According to the theory of comparative
advantage, Australia should: - ANSWER-✅✅concentrate its production on peaches
and buy grapes from an efficient producer
Questions, All Graded A+ Brand New
Exam Questions With 100% Correct
Answers, All Graded A+, Guaranteed
Success.
Porter's 5 forces considers the political, economic, social, technological, and
overarching factors that may impact the success of a business. - ANSWER-✅✅False
The manager of Extreme Sporting Goods is concerned that cash expenditures have
been exceeding cash receipts for the last six months, suggesting that Extreme is
suffering from a(n) ____________ problem. - ANSWER-✅✅cash flow
Johnny was asked to come up with new ideas to launch a product that complements
his company's existing mix of products. Johnny would be classified as a(n). -
ANSWER-✅✅intrapreneur
In Canada, municipal governments are set up by the federal government to oversee
issues that impact cities, towns, and districts. - ANSWER-✅✅False
In a global business environment, a small business needs to worry about all of the
following, EXCEPT: - ANSWER-✅✅the lack of opportunities on the world stage
, One problem of conducting a social audit is: - ANSWER-✅✅determining what to
measure and how to calculate the impact on society
In an interview, employers can ask about job ability, family status, and sexual
orientation. - ANSWER-✅✅False
A venture capitalist is a wealthy individual that likes to invest in early-stage
businesses. - ANSWER-✅✅False
Sassy Signs and Labels allows each customer to pay their bill within 30 days and
includes "3/15 net 30" on their invoices. This gives customers a: - ANSWER-✅✅3%
discount if they pay in 15 days
Why is it useful for Balance Sheet users to see current assets and current liabilities
clearly identified? - ANSWER-✅✅to assess the company's ability to pay current
liabilities
A small business can fail due to undercapitalization and poor cash flow management.
- ANSWER-✅✅True
Triple bottom-line reporting is all about: - ANSWER-✅✅reporting on the
environmental, social, and economic impacts of business activity
All of the following are important considerations about international business,
EXCEPT: - ANSWER-✅✅employers value graduates with a local mindset
Auto gradedGrade:0/1.0
The following statements are true about participating in the global market, EXCEPT:
- ANSWER-✅✅only large companies can compete in foreign markets
Top managers make less use of _________ skills than first-line managers. - ANSWER-
✅✅technical
Lean manufacturing supports the following, EXCEPT: - ANSWER-✅✅gradually
reducing the amount of products you make
A(n) __________ code of conduct sets guiding values and stresses shared
accountability for employees to do the right thing. - ANSWER-✅✅integrity-based
In small organizations, the employee experience may be managed through roles
such as a Finance Manager. - ANSWER-✅✅True
Australia is an extremely efficient producer of peaches, but its climate makes it
difficult to produce grapes for ice wine. According to the theory of comparative
advantage, Australia should: - ANSWER-✅✅concentrate its production on peaches
and buy grapes from an efficient producer
