
Backus-EOPA Prep Test
Quiz
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Other
•
10th Grade
•
Hard
Amanda Backus
Used 1+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What effect do some environmental laws have on businesses?
Control exterior landscapes
Require more employees
Increase operating costs
Limit equipment purchases
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of an affinity partnership:
A restaurant gives discounts to those who join its rewards program.
An airline offers frequent flyer miles to travelers.
A credit card company offers cards with sports teams' logos.
A bank pays to have its name on a local concert venue.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When should a visual aid be shown during a presentation?
At the end of the presentation to summarize
When the audience gets bored and restless
During the entire presentation to maintain interest
When the speaker shares relevant information
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A primary use of flowcharts in business documents or presentations is to
identify trends
explain relationships
compare and contrast data
summarize numerical data
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By promoting their goods and services and offering a number of purchasing arrangements, businesses help to create __________ utility.
financial
time
possession
place
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should economists do to account for the effects of inflation on GDP?
Avoid double counting
Use only nominal GDP
Use a price deflator
Use the balance of trade
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Kelly runs a small home bakery. To help her fulfill more orders, she hired three part-time employees. The additional workers increased her output, so she hired another three workers. To her surprise, Kelly's output actually decreased once she added the last three workers. This example best demonstrates the
harm of taking business risks.
law of diminishing returns
danger of hiring employees
need for effective employee training
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