Question 1

Today,the leading firms are in:

Accepted Answer

A) agricultural 
B) services 
C) auto 
D) production 
A) agricultural 
B) services 
C) auto 
D) production

Question 2

By 2031,seniors will account for nearly what percentage of the Canadian population?

Accepted Answer

A) 2/3 
B) 1/4 
C) 1/2 
D) 1/3 
A) 2/3 
B) 1/4 
C) 1/2 
D) 1/3

Question 3

Since the beginning of the 1900s,the agricultural sector of Canada has:

Accepted Answer

A) produced a consistent output per farm. 
B) experienced a big drop in employment,mainly because of tremendous improvements in efficiency. 
C) become less and less competitive in the global economy. 
D) seen the number of family farms more than double. 
A) produced a consistent output per farm. 
B) experienced a big drop in employment,mainly because of tremendous improvements in efficiency. 
C) become less and less competitive in the global economy. 
D) seen the number of family farms more than double.

Question 4

Employers provide tools and technology for their employees in order to:

Accepted Answer

A) encourage the private ownership of businesses. 
B) improve their efficiency and productivity. 
C) increase the cost of production and profitability. 
D) to reduce corruption in business and eliminate scandals. 
A) encourage the private ownership of businesses. 
B) improve their efficiency and productivity. 
C) increase the cost of production and profitability. 
D) to reduce corruption in business and eliminate scandals.

Question 5

What is a social entrepreneur?

Accepted Answer

A) an individual working for a non-profit organization 
B) any new business start-up with social goals 
C) an individual who avoids business principles to start a non-profit organization 
D) an individual who uses business principles to start and manage a non-profit organization 
A) an individual working for a non-profit organization 
B) any new business start-up with social goals 
C) an individual who avoids business principles to start a non-profit organization 
D) an individual who uses business principles to start and manage a non-profit organization

Question 6

Businesses that cater to seniors will have what type of prospects?

Accepted Answer

A) declining 
B) bad 
C) neutral 
D) good 
A) declining 
B) bad 
C) neutral 
D) good

Question 7

The only way a firm can increase its profits is to increase its sales revenue.

Accepted Answer

A) True 
 B)False

Question 8

If a business' costs and expenses are greater than its revenue,it will suffer a loss.

Accepted Answer

A) True 
 B)False

Question 9

After losing her manufacturing job in the Canadian automobile industry,Juanita has found that well-paid service sector jobs require retraining and further education.

Accepted Answer

A) True 
 B)False

Question 10

Often in business,the greater the risk,the:

Accepted Answer

A) lower the value provided to society. 
B) lower the expected revenues. 
C) greater the potential reward. 
D) greater the number of stakeholders. 
A) lower the value provided to society. 
B) lower the expected revenues. 
C) greater the potential reward. 
D) greater the number of stakeholders.

Question 11

Successful firms follow a customer-driven strategy,as opposed to the management-driven strategy used in the past.

Accepted Answer

A) True 
 B)False

Question 12

A continuously changing global environment creates a need for continuous learning.

Accepted Answer

A) True 
 B)False

Question 13

The challenge of this century is for organizations to balance,as much as possible, _______.

Accepted Answer

A) profits and losses 
B) macro and micro economic forces 
C) the needs of all stakeholders 
D) profit vs non-profit 
A) profits and losses 
B) macro and micro economic forces 
C) the needs of all stakeholders 
D) profit vs non-profit

Question 14

The federal privacy law is known as what?

Accepted Answer

A) CITA 
B) Statistics Canada 
C) PIPEDA 
D) SCEF 
A) CITA 
B) Statistics Canada 
C) PIPEDA 
D) SCEF

Question 15

E-business is mostly done with Web technologies.

Accepted Answer

A) True 
 B)False

Question 16

Those individuals born in Canada between 1947 and 1966 are referred to as:

Accepted Answer

A) baby boomers. 
B) echoes. 
C) Generation X. 
D) diversity workers. 
A) baby boomers. 
B) echoes. 
C) Generation X. 
D) diversity workers.

Question 17

The example of Don Glenn,a farmer using his computer to compare data from the previous year's harvest with satellite photos of his farm to know which crops are flourishing is an example of what?

Accepted Answer

A) the differences in wage rates between rural and urban dwellers 
B) the importance of land as a factor of production 
C) the benefits of technology 
D) managers in Canada motivating employees with large pay raises 
A) the differences in wage rates between rural and urban dwellers 
B) the importance of land as a factor of production 
C) the benefits of technology 
D) managers in Canada motivating employees with large pay raises

Question 18

An effort to please one group of stakeholders eventually pleases all stakeholders.

Accepted Answer

A) True 
 B)False

Question 19

To be implemented successfully,empowerment requires that employees are better trained.

Accepted Answer

A) True 
 B)False

Question 20

Business has changed over time,traditionally business was more focused on the product and how to sell it.Today business is more focused on:

Accepted Answer

A) quality and service. 
B) marketing. 
C) production. 
D) reliability. 
A) quality and service. 
B) marketing. 
C) production. 
D) reliability.

Today,the leading firms are in:

By 2031,seniors will account for nearly what percentage of the Canadian population?

Since the beginning of the 1900s,the agricultural sector of Canada has:

Employers provide tools and technology for their employees in order to:

What is a social entrepreneur?

Businesses that cater to seniors will have what type of prospects?

The only way a firm can increase its profits is to increase its sales revenue.

If a business' costs and expenses are greater than its revenue,it will suffer a loss.

After losing her manufacturing job in the Canadian automobile industry,Juanita has found that well-paid service sector jobs require retraining and further education.

Often in business,the greater the risk,the:

Successful firms follow a customer-driven strategy,as opposed to the management-driven strategy used in the past.

A continuously changing global environment creates a need for continuous learning.

The challenge of this century is for organizations to balance,as much as possible, _______.

The federal privacy law is known as what?

E-business is mostly done with Web technologies.

Those individuals born in Canada between 1947 and 1966 are referred to as:

The example of Don Glenn,a farmer using his computer to compare data from the previous year's harvest with satellite photos of his farm to know which crops are flourishing is an example of what?

An effort to please one group of stakeholders eventually pleases all stakeholders.

To be implemented successfully,empowerment requires that employees are better trained.

Business has changed over time,traditionally business was more focused on the product and how to sell it.Today business is more focused on:

How Economic Issues Affect Business

Competing in Global Markets

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

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 1: The Dynamic Business Environment

Today,the leading firms are in:

By 2031,seniors will account for nearly what percentage of the Canadian population?

Since the beginning of the 1900s,the agricultural sector of Canada has:

Employers provide tools and technology for their employees in order to:

What is a social entrepreneur?

Businesses that cater to seniors will have what type of prospects?

The only way a firm can increase its profits is to increase its sales revenue.

If a business' costs and expenses are greater than its revenue,it will suffer a loss.

After losing her manufacturing job in the Canadian automobile industry,Juanita has found that well-paid service sector jobs require retraining and further education.

Often in business,the greater the risk,the:

Successful firms follow a customer-driven strategy,as opposed to the management-driven strategy used in the past.

A continuously changing global environment creates a need for continuous learning.

The challenge of this century is for organizations to balance,as much as possible, _______.

The federal privacy law is known as what?

E-business is mostly done with Web technologies.

Those individuals born in Canada between 1947 and 1966 are referred to as:

The example of Don Glenn,a farmer using his computer to compare data from the previous year's harvest with satellite photos of his farm to know which crops are flourishing is an example of what?

An effort to please one group of stakeholders eventually pleases all stakeholders.

To be implemented successfully,empowerment requires that employees are better trained.

Business has changed over time,traditionally business was more focused on the product and how to sell it.Today business is more focused on:

How Economic Issues Affect Business

Competing in Global Markets

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

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