Question 1

The following is a Crown corporation:

Accepted Answer

A) Canadian Imperial Bank of Commerce 
B) Air Canada 
C) Canada Mortgage and Housing Corp 
D) Canadian National Railways 
A) Canadian Imperial Bank of Commerce 
B) Air Canada 
C) Canada Mortgage and Housing Corp 
D) Canadian National Railways

Question 2

Competition has never been greater than it is today.

Accepted Answer

A) True 
 B)False

Question 3

Early Canadian governments placed high tariffs on imports from the U.S.to protect Canadian manufacturers.

Accepted Answer

A) True 
 B)False

Question 4

Deregulation means that the government withdraws certain laws and regulations that seem to hinder competition.

Accepted Answer

A) True 
 B)False

Question 5

Member of Parliament Bud Smythe is alarmed at the state of the economy.Unemployment is high and GDP is low.MP Smythe has called for parliament to take decisive action to increase its expenditures and cut taxes in order to stimulate the economy.The actions called for by MP Smythe are examples of the government's use of:

Accepted Answer

A) fiscal policy. 
B) social investment policy. 
C) monetary policy. 
D) incomes policy. 
A) fiscal policy. 
B) social investment policy. 
C) monetary policy. 
D) incomes policy.

Question 6

The federal government and most provincial and all large municipal governments have various ministries,departments,and agencies that provide a variety of services to assist companies in their exporting and foreign-investment activities.What do these services include?

Accepted Answer

Information,marketin

Question 7

All levels of government offer a variety of direct assistance programs to businesses.

Accepted Answer

A) True 
 B)False

Question 8

Since Canada was formed in 1867,the federal government has played a significant role in the economy through its laws and regulations.

Accepted Answer

A) True 
 B)False

Question 9

Business and consumer information is available to Canadian businesses from:

Accepted Answer

A) Industry Canada 
B) the Department of the attorney general 
C) Revenue Canada 
D) AEC Ltd. 
A) Industry Canada 
B) the Department of the attorney general 
C) Revenue Canada 
D) AEC Ltd.

Question 10

The Territorial Formula Financing program provides territorial governments with financing.

Accepted Answer

A) True 
 B)False

Question 11

If a firm is interested in conducting business in the Canadian public sector,they should use:

Accepted Answer

A) MERX 
B) MASH 
C) NAFTA 
D) NRC 
A) MERX 
B) MASH 
C) NAFTA 
D) NRC

Question 12

The 1990s saw a trend in the Canadian government's involvement in business towards:

Accepted Answer

A) a lessening of the role of government 
B) growth in the government's role 
C) no change 
D) more regulation imposed by foreign governments 
A) a lessening of the role of government 
B) growth in the government's role 
C) no change 
D) more regulation imposed by foreign governments

Question 13

When the federal government spends more in a year than it receives in tax revenues,the result is called a:

Accepted Answer

A) federal reserve allowance. 
B) federal deficit. 
C) GDP deflator. 
D) balance of payments deficit. 
A) federal reserve allowance. 
B) federal deficit. 
C) GDP deflator. 
D) balance of payments deficit.

Question 14

The federal government in Canada does nothing to encourage industrial development.Such initiatives are all left to the provinces.

Accepted Answer

A) True 
 B)False

Question 15

While Canada Post and Canada Mortgage and Housing Corp.are crown corporations,Export Development Canada and Hydro One are not.

Accepted Answer

A) True 
 B)False

Question 16

In Canada,the control of the money supply is the responsibility of the:

Accepted Answer

A) Canadian Treasury Board. 
B) Canada Deposit Insurance Corporation. 
C) Bank of Canada. 
D) Federal Government. 
A) Canadian Treasury Board. 
B) Canada Deposit Insurance Corporation. 
C) Bank of Canada. 
D) Federal Government.

Question 17

Crown corporations can be found in all provinces.

Accepted Answer

A) True 
 B)False

Question 18

The main reason for Canada's uneven economic development is:

Accepted Answer

A) uneven resources,climate and geography. 
B) the proximity of the U.S. 
C) lack of entrepreneurial skills by Canadians. 
D) federal government policies favouring Ontario and Quebec. 
A) uneven resources,climate and geography. 
B) the proximity of the U.S. 
C) lack of entrepreneurial skills by Canadians. 
D) federal government policies favouring Ontario and Quebec.

Question 19

Canada's first prime minister is responsible for the National Policy which placed high tariffs on U.S.imports to protect Canada's fledgling companies.

Accepted Answer

A) True 
 B)False

Question 20

A new trend is the emergence of the public-private partnership (P3).

Accepted Answer

A) True 
 B)False

The following is a Crown corporation:

Competition has never been greater than it is today.

Early Canadian governments placed high tariffs on imports from the U.S.to protect Canadian manufacturers.

Deregulation means that the government withdraws certain laws and regulations that seem to hinder competition.

The federal government and most provincial and all large municipal governments have various ministries,departments,and agencies that provide a variety of services to assist companies in their exporting and foreign-investment activities.What do these services include?

All levels of government offer a variety of direct assistance programs to businesses.

Since Canada was formed in 1867,the federal government has played a significant role in the economy through its laws and regulations.

Business and consumer information is available to Canadian businesses from:

The Territorial Formula Financing program provides territorial governments with financing.

If a firm is interested in conducting business in the Canadian public sector,they should use:

The 1990s saw a trend in the Canadian government's involvement in business towards:

When the federal government spends more in a year than it receives in tax revenues,the result is called a:

The federal government in Canada does nothing to encourage industrial development.Such initiatives are all left to the provinces.

While Canada Post and Canada Mortgage and Housing Corp.are crown corporations,Export Development Canada and Hydro One are not.

In Canada,the control of the money supply is the responsibility of the:

Crown corporations can be found in all provinces.

The main reason for Canada's uneven economic development is:

Canada's first prime minister is responsible for the National Policy which placed high tariffs on U.S.imports to protect Canada's fledgling companies.

A new trend is the emergence of the public-private partnership (P3).

The Dynamic Business Environment

How Economic Issues Affect Business

Competing in Global Markets

Ethics and Social Responsibility

Forms of Business Ownership

Entrepreneurship and Starting a Small Business

Management and Leadership

Structuring Organizations for Todays Challenges

Producing World-Class Goods and Services

Motivating Employees

Human Resource Management: Finding and Keeping the Best Employees

Dealing With Employeemdashmanagement Issues and Relations

Marketing: Helping Buyers Buy

Managing the Marketing Mix: Product, Price, Place, and Promotion

Understanding Accounting and Financial Information

Financial Management Appendix C Managing Risk

The Financial Services Industry in Canada

Filters

Exam 4: The Role of Government in Business Appendix a Working Within the Legal Environment of Business

The following is a Crown corporation:

Competition has never been greater than it is today.

Early Canadian governments placed high tariffs on imports from the U.S.to protect Canadian manufacturers.

Deregulation means that the government withdraws certain laws and regulations that seem to hinder competition.

The federal government and most provincial and all large municipal governments have various ministries,departments,and agencies that provide a variety of services to assist companies in their exporting and foreign-investment activities.What do these services include?

All levels of government offer a variety of direct assistance programs to businesses.

Since Canada was formed in 1867,the federal government has played a significant role in the economy through its laws and regulations.

Business and consumer information is available to Canadian businesses from:

The Territorial Formula Financing program provides territorial governments with financing.

If a firm is interested in conducting business in the Canadian public sector,they should use:

The 1990s saw a trend in the Canadian government's involvement in business towards:

When the federal government spends more in a year than it receives in tax revenues,the result is called a:

The federal government in Canada does nothing to encourage industrial development.Such initiatives are all left to the provinces.

While Canada Post and Canada Mortgage and Housing Corp.are crown corporations,Export Development Canada and Hydro One are not.

In Canada,the control of the money supply is the responsibility of the:

Crown corporations can be found in all provinces.

The main reason for Canada's uneven economic development is:

Canada's first prime minister is responsible for the National Policy which placed high tariffs on U.S.imports to protect Canada's fledgling companies.

A new trend is the emergence of the public-private partnership (P3).

The Dynamic Business Environment

How Economic Issues Affect Business

Competing in Global Markets

Ethics and Social Responsibility

Forms of Business Ownership

Entrepreneurship and Starting a Small Business

Management and Leadership

Structuring Organizations for Todays Challenges

Producing World-Class Goods and Services

Motivating Employees

Human Resource Management: Finding and Keeping the Best Employees

Dealing With Employeemdashmanagement Issues and Relations

Marketing: Helping Buyers Buy

Managing the Marketing Mix: Product, Price, Place, and Promotion

Understanding Accounting and Financial Information

Financial Management Appendix C Managing Risk

The Financial Services Industry in Canada

Filters