vu mgt211 Final Term - Quiz No.7
vu mgt211 Introduction To Business Quiz
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Question 1: __________ is the process used by organizations to attract a qualified pool of job applicants.
Socialization
Human resource planning
Recruitment
Affirmation action
Question 2: According to the governing bodies of common laws, the life of trade secret is
20 years
12 years
As long as it remains confidential.
17 years
Question 4: Dumping refers to
Buying goods at low prices abroad and selling at higher prices locally
Expensive goods selling for low prices
Sale of goods abroad at low a price, below their cost and price in home market
Reducing tariffs
Question 6: Which of the partner who does not take part in the management of the business but is known to the public?
Silent partner
sleeping partner
active partner
Nominal partner
Question 7: __________ is based on a marketing concept which can be adopted by an organization as a strategy for business expansion.
Retailer
Manufacturer
Wholesaler
Franchising
Question 8: Govt. policy about exports and imports is called
Monetary policy
Commercial policy
Finance policy
Fiscal policy
Question 9: Toyota motor company will be called efficient if it produces:
High quality products at relatively low cost
Quality products at low cost
Quality products at high cost
High quality products at relatively high cost
Question 10: Job Redesign Programs purpose is
increasing job satisfaction
All of these
Decision making
job analysis
