BUSN115
Introduction to Business & Technology
Final Exam Review (Qns & Ans)
2025
1. **Which of the following is the primary function of a
business?*
A. Maximizing profit regardless of ethics
B. Creating goods and services to satisfy customer needs
C. Managing employee relationships only
D. Solely improving marketing strategies
**ANS:* B. Creating goods and services to satisfy customer
needs
©2025
, **Rationale:* Businesses exist to provide goods and services
that fulfill customer needs, ensuring long-term viability.
2. **Which technology is most commonly associated with
improving supply chain efficiency?*
A. Customer Relationship Management (CRM) systems
B. Blockchain
C. Virtual Private Networks (VPNs)
D. Social media platforms
**ANS:* B. Blockchain
**Rationale:* Blockchain technology enhances transparency
and traceability, improving supply chain processes.
3. **What is the main advantage of cloud computing for
businesses?*
A. Enhanced physical security
B. Unlimited data storage at no cost
C. Scalability and cost efficiency
D. Improved face-to-face communication
**ANS:* C. Scalability and cost efficiency
**Rationale:* Cloud computing allows businesses to scale
resources as needed and reduce IT infrastructure costs.
©2025
, ---
**Fill-in-the-Blank Questions**
4. **The _______ is a comprehensive framework that businesses
use to assess their strengths, weaknesses, opportunities, and
threats.*
**ANS:* SWOT Analysis
**Rationale:* A SWOT analysis is a strategic tool for
evaluating internal and external factors that affect a business.
5. **In business technology, the use of _______ enables machines
to perform tasks that typically require human intelligence.*
**ANS:* Artificial Intelligence (AI)
**Rationale:* AI involves applying algorithms and
computational models to simulate human intelligence in tasks
such as decision-making and problem-solving.
---
**True/False Questions**
©2025
Introduction to Business & Technology
Final Exam Review (Qns & Ans)
2025
1. **Which of the following is the primary function of a
business?*
A. Maximizing profit regardless of ethics
B. Creating goods and services to satisfy customer needs
C. Managing employee relationships only
D. Solely improving marketing strategies
**ANS:* B. Creating goods and services to satisfy customer
needs
©2025
, **Rationale:* Businesses exist to provide goods and services
that fulfill customer needs, ensuring long-term viability.
2. **Which technology is most commonly associated with
improving supply chain efficiency?*
A. Customer Relationship Management (CRM) systems
B. Blockchain
C. Virtual Private Networks (VPNs)
D. Social media platforms
**ANS:* B. Blockchain
**Rationale:* Blockchain technology enhances transparency
and traceability, improving supply chain processes.
3. **What is the main advantage of cloud computing for
businesses?*
A. Enhanced physical security
B. Unlimited data storage at no cost
C. Scalability and cost efficiency
D. Improved face-to-face communication
**ANS:* C. Scalability and cost efficiency
**Rationale:* Cloud computing allows businesses to scale
resources as needed and reduce IT infrastructure costs.
©2025
, ---
**Fill-in-the-Blank Questions**
4. **The _______ is a comprehensive framework that businesses
use to assess their strengths, weaknesses, opportunities, and
threats.*
**ANS:* SWOT Analysis
**Rationale:* A SWOT analysis is a strategic tool for
evaluating internal and external factors that affect a business.
5. **In business technology, the use of _______ enables machines
to perform tasks that typically require human intelligence.*
**ANS:* Artificial Intelligence (AI)
**Rationale:* AI involves applying algorithms and
computational models to simulate human intelligence in tasks
such as decision-making and problem-solving.
---
**True/False Questions**
©2025
