,TESTBANK For Contemporary Business 18e
Boone
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,Package Title: Chapter 1, Testbank
Course Title: Boone, 18e
Chapter Number: 1
Question type: Multiple Choice
1) _____ involves blending individuals of different genders, ethnic backgrounds, cultures, reli-
gions, ages, and physical and mental abilities in order to enhance a firm’s chances of success.
a) Outsourcing
b) Diversity
c) Entrepreneur
d) Competitive differentiation
e) Strategic alliance
f) Capital
g) Vision
h) Factors of production
i) Brand
j) Relationship management
k) Not-for-profit organizations
l) Business ethics
Answer: b
Difficulty: Medium
Learning Objective 1: 1.5
Section Reference 1: Explain current workforce trends in business.
Standard 1: AACSB || Analytic
Bloomcode: Knowledge
2) _____ refers to technology, tools, information, and physical facilities.
a) Outsourcing
b) Diversity
c) Entrepreneur
d) Competitive differentiation
e) Strategic alliance
f) Capital
g) Vision
h) Factors of production
i) Brand
j) Relationship management
k) Not-for-profit organizations
, l) Business ethics
Answer: f
Difficulty: Medium
Learning Objective 1: 1.2
Section Reference 1: Identify and describe the factors of production.
Standard 1: AACSB || Analytic
Bloomcode: Knowledge
3) _____ is the unique combination of organizational abilities, products, and approaches that sets
a company apart from competitors in the minds of consumers.
a) Outsourcing
b) Diversity
c) Entrepreneur
d) Competitive differentiation
e) Strategic alliance
f) Capital
g) Vision
h) Factors of production
i) Brand
j) Relationship management
k) Not-for-profit organizations
l) Business ethics
Answer: d
Difficulty: Medium
Learning Objective 1: 1.3
Section Reference 1: Describe the private enterprise system.
Standard 1: AACSB || Analytic
Bloomcode: Knowledge
4) A partnership formed to create a competitive advantage for the businesses involved is known
as a(n) _____.
a) Outsourcing
b) Diversity
c) Entrepreneur
d) Competitive differentiation
e) Strategic alliance
f) Capital
g) Vision
Boone
Hello all ,
We have all what you need with best price
Our email :
Our website :
testbanks-store.com
,Package Title: Chapter 1, Testbank
Course Title: Boone, 18e
Chapter Number: 1
Question type: Multiple Choice
1) _____ involves blending individuals of different genders, ethnic backgrounds, cultures, reli-
gions, ages, and physical and mental abilities in order to enhance a firm’s chances of success.
a) Outsourcing
b) Diversity
c) Entrepreneur
d) Competitive differentiation
e) Strategic alliance
f) Capital
g) Vision
h) Factors of production
i) Brand
j) Relationship management
k) Not-for-profit organizations
l) Business ethics
Answer: b
Difficulty: Medium
Learning Objective 1: 1.5
Section Reference 1: Explain current workforce trends in business.
Standard 1: AACSB || Analytic
Bloomcode: Knowledge
2) _____ refers to technology, tools, information, and physical facilities.
a) Outsourcing
b) Diversity
c) Entrepreneur
d) Competitive differentiation
e) Strategic alliance
f) Capital
g) Vision
h) Factors of production
i) Brand
j) Relationship management
k) Not-for-profit organizations
, l) Business ethics
Answer: f
Difficulty: Medium
Learning Objective 1: 1.2
Section Reference 1: Identify and describe the factors of production.
Standard 1: AACSB || Analytic
Bloomcode: Knowledge
3) _____ is the unique combination of organizational abilities, products, and approaches that sets
a company apart from competitors in the minds of consumers.
a) Outsourcing
b) Diversity
c) Entrepreneur
d) Competitive differentiation
e) Strategic alliance
f) Capital
g) Vision
h) Factors of production
i) Brand
j) Relationship management
k) Not-for-profit organizations
l) Business ethics
Answer: d
Difficulty: Medium
Learning Objective 1: 1.3
Section Reference 1: Describe the private enterprise system.
Standard 1: AACSB || Analytic
Bloomcode: Knowledge
4) A partnership formed to create a competitive advantage for the businesses involved is known
as a(n) _____.
a) Outsourcing
b) Diversity
c) Entrepreneur
d) Competitive differentiation
e) Strategic alliance
f) Capital
g) Vision
