Question 1

What are crown corporations and how did they come into being? Discuss a few examples.

Accepted Answer

Crown corporations are companies owned b

Question 2

The Bank of Canada lowers interest rates:

Accepted Answer

A) to boost a weak economy 
B) to attract immigrants 
C) to establish a better fiscal policy 
D) on instructions from the Minister of Finance 
A) to boost a weak economy 
B) to attract immigrants 
C) to establish a better fiscal policy 
D) on instructions from the Minister of Finance

Question 3

Payments from the federal government to the lower-income provinces are called legislative payments.

Accepted Answer

A) True 
 B)False

Question 4

Contracts are often awarded to help Canadian businesses even if they are sometimes more expensive than bids from non-Canadian companies.

Accepted Answer

A) True 
 B)False

Question 5

To encourage industrial development in Canada the federal government runs various incentive programs and offers services through different departments.

Accepted Answer

A) True 
 B)False

Question 6

The front-page headline of your local newspaper states that the Bank of Canada is becoming increasingly worried about the rate of inflation and wants to slow the economy.Which of the following policies is the Bank of Canada most likely to pursue?

Accepted Answer

A) Increase taxes. 
B) Devalue the dollar on international currency exchanges. 
C) Decrease interest rates. 
D) Restrict the money supply and drive up interest rates. 
A) Increase taxes. 
B) Devalue the dollar on international currency exchanges. 
C) Decrease interest rates. 
D) Restrict the money supply and drive up interest rates.

Question 7

Federal and provincial governments use their enormous purchasing power to:

Accepted Answer

A) favour Canadian companies 
B) reduce taxes 
C) force private firms to comply with the laws 
D) favour foreign suppliers 
A) favour Canadian companies 
B) reduce taxes 
C) force private firms to comply with the laws 
D) favour foreign suppliers

Question 8

The Competition Act aims to ensure that:

Accepted Answer

A) there is no price fixing. 
B) there is discriminatory pricing. 
C) competition is not cut-throat. 
D) mergers of large corporations will restrict competition. 
A) there is no price fixing. 
B) there is discriminatory pricing. 
C) competition is not cut-throat. 
D) mergers of large corporations will restrict competition.

Question 9

Governments have many direct and indirect programs designed to help businesses.

Accepted Answer

A) True 
 B)False

Question 10

Some government aid goes to help industries or companies that are deemed to be very important.

Accepted Answer

A) True 
 B)False

Question 11

If the government wishes to discourage the use of certain classes of products,such as cigarettes,it can do what?

Accepted Answer

A) Pass a sin tax. 
B) Rely on property taxes as its revenue base. 
C) Add to the federal debt. 
D) Provide tax relief to the tobacco industry. 
A) Pass a sin tax. 
B) Rely on property taxes as its revenue base. 
C) Add to the federal debt. 
D) Provide tax relief to the tobacco industry.

Question 12

The process of selling off crown corporations is called privatization.

Accepted Answer

A) True 
 B)False

What are crown corporations and how did they come into being? Discuss a few examples.

The Bank of Canada lowers interest rates:

Payments from the federal government to the lower-income provinces are called legislative payments.

Contracts are often awarded to help Canadian businesses even if they are sometimes more expensive than bids from non-Canadian companies.

To encourage industrial development in Canada the federal government runs various incentive programs and offers services through different departments.

The front-page headline of your local newspaper states that the Bank of Canada is becoming increasingly worried about the rate of inflation and wants to slow the economy.Which of the following policies is the Bank of Canada most likely to pursue?

Federal and provincial governments use their enormous purchasing power to:

The Competition Act aims to ensure that:

Governments have many direct and indirect programs designed to help businesses.

Some government aid goes to help industries or companies that are deemed to be very important.

If the government wishes to discourage the use of certain classes of products,such as cigarettes,it can do what?

The process of selling off crown corporations is called privatization.

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

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

What are crown corporations and how did they come into being? Discuss a few examples.

The Bank of Canada lowers interest rates:

Payments from the federal government to the lower-income provinces are called legislative payments.

Contracts are often awarded to help Canadian businesses even if they are sometimes more expensive than bids from non-Canadian companies.

To encourage industrial development in Canada the federal government runs various incentive programs and offers services through different departments.

The front-page headline of your local newspaper states that the Bank of Canada is becoming increasingly worried about the rate of inflation and wants to slow the economy.Which of the following policies is the Bank of Canada most likely to pursue?

Federal and provincial governments use their enormous purchasing power to:

The Competition Act aims to ensure that:

Governments have many direct and indirect programs designed to help businesses.

Some government aid goes to help industries or companies that are deemed to be very important.

If the government wishes to discourage the use of certain classes of products,such as cigarettes,it can do what?

The process of selling off crown corporations is called privatization.

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