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Bus 200 Chapter 1 Exam with
complete solutions latest version
The multinational enterprise (MNE) is characterized by all but which one of the following
attributes?
Answers
a. It is invariably a public company.
b. It is able to co-ordinate activities of affiliates globally.
c. It adapts to new markets.
d. It has ownership stakes in key strategic businesses. - CORRECT ANSWER-A
Why do companies such as delivery services classify workers as self-employed?
Answers:
a. In order to avoid tax
b. In order to avoid health and safety obligations
c. In order to pay them less
d. In order avoid the costs and obligations they would incur if workers were employees -
CORRECT ANSWER-D
Which of the following business functions occurs in every business, however small?
Answers:
a. Marketing
b. Human Resource Management (HRM)
c. Research & Development (R&D)
d. Accounting - CORRECT ANSWER-D
The franchise arrangement offers the entrepreneur which one of the following benefits?
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Answers:
a. The attraction of a well known brand
b. Complete control of the business
c. Lower taxes
d. Abundant funding - CORRECT ANSWER-A
All but which one of the following are benefits a company can gain from having its
products made through outsourced manufacturing?
Answers:
a. More jobs in the home country of the company
b. Lower costs of production
c. Lower levels of regulation
d. Lower prices for consumers - CORRECT ANSWER-A
Which of the following is a for-profit organization?
Answers:
a. A social enterprise
b. Google
c. A government agency
d. A charity - CORRECT ANSWER-B
Which one of the following is intellectual property (IP)?
Answers:
a. Innovative strategies
b. Stock
c. Patents
d. Buildings - CORRECT ANSWER-C
A stakeholder's role in a company is best described as...
Answers:
a. One of being owed money by the company
b. One of influencing the company and being influenced by the company
c. One of ownership of the company
d. One of influencing the company - CORRECT ANSWER-B
A shareholder is entitled to all but which one of the following?
Answers:
a. To attend the annual general meeting (AGM)
b. To be called a 'member' of the company
c. To receive a dividend if one is declared
d. To have a say in the running of the business - CORRECT ANSWER-D
BRAINSCAPE1
Bus 200 Chapter 1 Exam with
complete solutions latest version
The multinational enterprise (MNE) is characterized by all but which one of the following
attributes?
Answers
a. It is invariably a public company.
b. It is able to co-ordinate activities of affiliates globally.
c. It adapts to new markets.
d. It has ownership stakes in key strategic businesses. - CORRECT ANSWER-A
Why do companies such as delivery services classify workers as self-employed?
Answers:
a. In order to avoid tax
b. In order to avoid health and safety obligations
c. In order to pay them less
d. In order avoid the costs and obligations they would incur if workers were employees -
CORRECT ANSWER-D
Which of the following business functions occurs in every business, however small?
Answers:
a. Marketing
b. Human Resource Management (HRM)
c. Research & Development (R&D)
d. Accounting - CORRECT ANSWER-D
The franchise arrangement offers the entrepreneur which one of the following benefits?
BRAINSCAPE1
, BRAINSCAPE1
Answers:
a. The attraction of a well known brand
b. Complete control of the business
c. Lower taxes
d. Abundant funding - CORRECT ANSWER-A
All but which one of the following are benefits a company can gain from having its
products made through outsourced manufacturing?
Answers:
a. More jobs in the home country of the company
b. Lower costs of production
c. Lower levels of regulation
d. Lower prices for consumers - CORRECT ANSWER-A
Which of the following is a for-profit organization?
Answers:
a. A social enterprise
b. Google
c. A government agency
d. A charity - CORRECT ANSWER-B
Which one of the following is intellectual property (IP)?
Answers:
a. Innovative strategies
b. Stock
c. Patents
d. Buildings - CORRECT ANSWER-C
A stakeholder's role in a company is best described as...
Answers:
a. One of being owed money by the company
b. One of influencing the company and being influenced by the company
c. One of ownership of the company
d. One of influencing the company - CORRECT ANSWER-B
A shareholder is entitled to all but which one of the following?
Answers:
a. To attend the annual general meeting (AGM)
b. To be called a 'member' of the company
c. To receive a dividend if one is declared
d. To have a say in the running of the business - CORRECT ANSWER-D
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