Classic Classic Quiz Economics by Jmreicho Jmreicho 30 played - 12 yrs ago Economics Study Questions 1021 QUIZ 12 QUESTIONS expert Economy 1 One of the main functions of the legal procedure is to Establish lawsEnact legislationResolve disputesRegulate business 2 Electronic billing, purchase-order verification, bar-code technology, and image processing are examples of Horizontal channel integrationIntegrated data between channel membersFunctions of the finance departmentVertical channel integration 3 Branch locations of a business that operate in the same city and target the same customers my experience ______ channel conflict. CommunityHorizontalVerticalDominant 4 The systematic gathering, recording, and analyzing of data about problems related to the marketing of goods and services is known as Marketing researchSecondary dataInformation flowSituation anlysis 5 A good example of a casually operated group is a Football team selecting a strategy or playFootball team running laps around the fieldFew players tossing a football during practiceFew friends talking about football 6 Businesspeople need to use the correct words in written communication in order to make sure that the receiver _____ the message. UnderstandsAgrees withAcceptsApproves of 7 Which of the following is an example of a complimentary close EnclosureTo Whom it may concernYours TrulyDear Occupant 8 WHen encouraging the reader to take a specific course of action, persuasive messages are most effective when the meesage source demonstrates a high level of CredibilityInconsistencyAdaptivityObjectivity 9 When staff members wish to discuss problems related to their jobs, they should communicate with The immediate supervisorPersonnel departmentCompany presidentTheir coworkers 10 What can you do to project to customers that they are important to the business? Use customer names in conversationsStare at customers so they know you are listeningRequest a supervisor's assistance in resolving problemsSpeak loudly so that customers can easily hear your responses 11 Stable prices and interdependence are characteristics of a(n) Technical monopolyOligopolyMonopolyDifferintiated oligopoly 12 What is an advantage of specialization of labor? Management can rotate jobsIt's easier to train workersWorker dependency increasesJobs may become obsolete A mistake in this Quiz ? Contact the author Commentaires