İSL113U
INTRODUCTİON TO BUSİNESS - Deneme Sınavı - 16
Ara Sınav
44796
Soru 1
A/an .......... is an individual who starts a business and risks losses (in terms of money, time and reputation) for profits.
Which of the following completes the sentence above?
Soru 2
Which of the following functions involves activities to create, communicate, deliver and exchange offerings that have value for customers?
Soru 3
Which of the following functions is necessary for firms to develop new and innovative products to meet customers’ needs or to exceed their expectations?
Soru 4
Which type of business serves the whole country?
Soru 5
Which of the following is not a major force of the environment?
Soru 6
.............. refers to giving an employee or a team the power, information, responsibility and accountability to do the job well.
Which of the following completes the sentence above?
Soru 7
Which of the following factors of production includes crowdfunding?
Soru 8
Private enterprise under the free-market system requires the existence of four conditions. Which option is not among these conditions?
Soru 9
The amount of a product supplied will increase as the price rises; and if the price drops then less of the product will be supplied.
Which of the following is the concept defined above?
Soru 10
Which of the following is not true for Gross domestic product (GDP)?
Soru 11
Which of the following is not among the major stakeholders of a business?
Soru 12
A pizza restaurant that has a few outlets operating in South Italy constitutes an example of --------------------------------------.
Which of the following completes the sentence above?
Soru 13
Beef is not accepted in the Asian market and countries like India while pork is not accepted in the Middle Eastern countries. Thus, global food chains have to offer customized menu options respecting the local preferences.
Which of the following business environments explains this attitude of the food chain?
Soru 14
A firm should offer products that have certain level of quality, at reasonable prices along with good customer service compared to its competitors’ products and customer service. Firms should also establish close relationships with their suppliers. Firms need to be able to compete effectively and to distinguish themselves from their competitors to drive enough revenues for their survival and to prosper.
Which of the following external environments is linked with the statement given above?
Soru 15
It rises during economic downturns as businesses cut back their workforce. It declines during periods of economic growth when firms begin to hire again.
Which of the following types of unemployment is defined in the statement given above?
Soru 16
Which of the following information about small businesses is not correct?
Soru 17
Ali and Yasemin decide to open a baking store that is named A&Y Bakery. They are both general partners in the bakery. Ali takes care of logistics and purchasing orders while Yasemin oversees the store operations. The income generated by the business is split between Ali and Yasemin. At the same time, Ali and Yasemin are equally responsible for any losses incurred by the store.
Which of the following form of business ownership is defined in the above example?
Soru 18
------------------------- is the concerns and obligations businesses have for the welfare of their stakeholders and the larger society. This goes beyond being ethical, beyond what is required by law and beyond the pursuit of profits. The obligations of businesses are often described by their commitments to various stakeholders such as customers, employees, investors and communities.
Which of the following terms related to ethics is defined above?
Soru 19
A high-level employee overhears a talk between managers about a merger, and aware of its market impact, he buys the shares of the company in his father’s account. This constitutes an example of -------------------------- in business.
Which of the following terms best describes the above case?
Soru 20
What is the main aim of a business?