1. TengizChevrOil JV is the operating area in:
o The Mangistau Oblast
o The Aktyubinsk Oblast
o The Kzyl-Orda Oblast
· The Atyrau Oblast
o Kostanai oblast
2. Karachaganak Petroleum Operating is the leading oil producer in:
o The Mangistau Oblast
o The Aktyubinsk Oblast
o The Kzyl-Orda Oblast
o The Atyrau Oblast
· the West-Kazakhstan Oblast
3. Kazakhoil-Emba JSC is the operating area in:
o The Mangistau Oblast
o The Aktyubinsk Oblast
o The Kzyl-Orda Oblast
· The Atyrau Oblast
o Kostanai oblast
4. Kazakhoil-Telf JSC is the operating area in:
o The Mangistau Oblast
o The Aktyubinsk Oblast
o The Kzyl-Orda Oblast
· The Atyrau Oblast
o Kostanai oblast
5. Sazankurak JV JSC is the operating area in:
o The Mangistau Oblast
o The Aktyubinsk Oblast
o The Kzyl-Orda Oblast
· The Atyrau Oblast
o Kostanai oblast
6. The oil-producing region in Kazakhstan with the longest history is:
o The Mangistau Oblast
o The Aktyubinsk Oblast
o The Kzyl-Orda Oblast
· The Atyrau Oblast
o Kostanai oblast
7. the operating area for Aktobemunaigaz JSC, which is developing the Zhanazhol an Keniyak fields is:
o The Mangistau Oblast
· The Aktyubinsk Oblast
o The Kzyl-Orda Oblast
o The Atyrau Oblast
o Kostanai oblast
8. Hurricane Kumkol Munai JSC is the operating area in:
o The Mangistau Oblast
o The Aktyubinsk Oblast
· The Kzyl-Orda Oblast
o The Atyrau Oblast
o Kostanai oblast
9. Foreign companies have invested in the oil and gas industry of Kazakhstan since 1991:
o US $6 billion
· US $5 billion
o US $7 billion
o US $8 billion
o US $9 billion
10. Kazakhstan has refineries with the combined capacity of ___ thousand bbl per day: three refineries
o 70
· 370
o 170
o 270
o 470
11. Kazakhstan has________:
· 3 refineries
o 13 refineries
o 5 refineries
o 6 refineries
o 7 refineries
12. A system which deals with the performance, structure, and behavior of a country’s economy as a whole is:
o Microeconomy
o Mezoeconomy
o International economy
o International trade
· National economy
13. Levels of National economy do not representing by:
o Microeconomy
o Mezoeconomy
o International economy
· International trade
o National economy
14. Economy which looks at interactions through individual markets, given scarcity and government regulation is:
· Microeconomy
o Mezoeconomy
o International economy
o International trade
o National economy
15. Economy which looks at interactions through companies of one industry is:
o Microeconomy
· Mezoeconomy
o International economy
o International trade
o National economy
16. Economy which examines the economy as a whole to explain broad aggregates and their interactions is:
o Microeconomy
o Mezoeconomy
o International economy
o International trade
· Macroeconomy
17. From the view point of business size there are:
· 3 types
o 4 types
o 2 types
o 5 types
o 6 types
18. A basic measure of a country's economic performance is:
· GDP
o Labor productivity
o Inflation rate
o Unemployment rate
o Employment rate
19. The market value of all final goods and services made within the borders of a nation in a year is:
o GDP by expenditure method
o GDP by income method
o GNP by expenditure method
· GDP by value added method
o GNP by income method
20. GDP = C + I + G + (X − M) is:
· GDP by expenditure method
o GDP by income method
o GNP by expenditure method
o GDP by value added method
o GNP by income method
21. GDP = R + I + P + SA + W
o GDP by expenditure method
· GDP by income method
o GNP by expenditure method
o GDP by value added method
o GNP by income method
22. A person is available to work and seeking work but currently without work is:
· Unemployment
o Employment
o Self-employed
o Hiring in private company
o Hiring in public company
23.?= X+M
o Exports
o Imports
· FTT
o Net exports
o Trade balance
24. Ur=Uw/TLF is rate of:
· Unemployment
o Employment
o Self-employed
o Hiring in private company
o Hiring in public company
25. Measures changes in the price level of consumer goods and services purchased by households is:
· CPI
o FTT
o NE
o Revenue
o GDP
26. Price in economics and business is the result of:
· Exchange
o Production
o Distribution
o Consumption
o Conversion
27. Inflation is a rise in _______of prices of goods and services in an economy over a period of time:
o the general level
· the general level of consumer
o the general level of industrial
o the general level of organizational
o the general level of construction
28. 1 barrel =
o 127.347765 литра
· 117.347765 литра
o 137.347765 литра
o 107.347765 литра
o 17.347765 литра
29. Objectives of enterprise are not:
o full and timely satisfaction of requirements of the consumers
o competitiveness of production on the basis of high quality of output
· to get loss
o flexible updating of production on the new demands of customers
o Effectiveness of production
30. A factor of production comprising all naturally occurring resources is:
o capital good
o labor
o Capital
· Land
o real capital
31. Farming, mining, construction, manufacturing, power generation is belonged to:
o Storage/Transportation
o Exchange
· Goods Producing
o Entertainment
o Communication
32. Warehousing, trucking, mail service, moving, taxis, buses, hotels, airlines is belonged to:
· Storage/Transportation
o Exchange
o Goods Producing
o Entertainment
o Communication
33. Retailing, wholesaling, banking, renting, leasing, library, loans is belonged to:
o Storage/Transportation
· Exchange
o Goods Producing
o Entertainment
o Communication
34. Films, radio and television, concerts, recording is belonged to:
o Storage/Transportation
o Exchange
o Goods Producing
· Entertainment
o Communication
35. Newspapers, radio and television newscasts, telephone, satellites is belonged to:
o Storage/Transportation
o Exchange
o Goods Producing
o Entertainment
· Communication
36. The co-founder, chairman, and chief executive officer of Apple Inc.is:
o Peter Drucker
o Cristofer Freeman
o Giovanni Dosi
· Steven Paul Jobs
o Paul Romer
37. Economic application of inventions is:
o Discovery
o New idea
o Taking risks
· Innovation
o Entrepreneurship
38. The 1st wave of innovation:
o 1845-1900
· 1785-1845
o 1900-1950
o 1950-1999
o 1999-2020
39. The 2nd wave of innovation:
· 1845-1900
o 1785-1845
o 1900-1950
o 1950-1999
o 1999-2020
40. The 3d wave of innovation:
o 1845-1900
o 1785-1845
o 1950-1999
· 1900-1950
o 1999-2020
41. The 4th wave of innovation:
o 1845-1900
· 1950-1999
o 1785-1845
o 1900-1950
o 1999-2020
42. The 5th wave of innovation:
o 1845-1900
o 1785-1845
· 1999-2020
o 1900-1950
o 1950-1999
43. Is used to refer to when a product is produced with the labor of one or few workers:
o Batch Production
o Flow Production
o Just-in-Time Production
· Job Production
o Lean Production
44. Production occurs when many similar items are produced together:
o Flow Production
· Batch Production
o Just-in-Time Production
o Job Production
o Lean Production
45. the production of large amounts of standardized products including and especially on assembly lines is:
o Batch Production
o Just-in-Time Production
· Flow Production
o Job Production
o Lean Production
46. Product that conforms to specifications resulting from the same or equivalent technical requirements is:
o Good
o Service
· Standardized product
o Organizational product
o Consumer product
47. Advantage of job production is:
· Producer meets individual customer needs
o Cost of producing one unit or job is higher
o Use of specialist machinery & skills can increase output and productivity
o Potentially de-motivating for staff
o Need to keep stocks of raw materials.
48. the first to master the moving assembly line was:
o Ford
· Henry Ford
o Rъdolf Chrнstian Karl Diйsel
o Karl Friedrich Michael Benz
o Andrй Citroлn
49. Formula of revenue:
· Q*p
o q*P
o o*p
o O*P
o O*p
50. An organization engaged in the production and trade of goods, services, or both to consumers is not:
o A business
o enterprise
o firm
o company
· household
51. a business owned by one person for-profit
o Corporation
o Partnership
· Sole proprietorship
o Proprietorship
o Governmental corporation
52. a business owned by two or more people
o Corporation
· Partnership
o Sole proprietorship
o Proprietorship
o Governmental corporation
53. business that has a separate legal personality from its members
· Corporation
o Partnership
o Sole proprietorship
o Proprietorship
o Governmental corporation
54. The efficient and effective operations of a business, and study of this subject
· management
o marketing management
o human resource management
o production management
o IT management
55. the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, services to create exchanges that satisfy individual and organizational goals
o management
· marketing
o human resource management
o production management
o IT management
56. The art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value
o management
· marketing management
o human resource management
o production management
o IT management
57. Drivers for innovation are fell into:
· 11
o 1
o 12
o 21
o 31 catecories
o
58. value which can bring additional value is:
o labor
· capital
o land
o entrepreneurship
o input
59. Law of Surplus value was invented by:
· Karl Marx
o Joseph Shumpeter
o Peter Drucker
o Joseph Stiglitz
o Adam Smith
60. An abstract production force as a source of interest and income
o The U.S. economists
o Joseph Shumpeter
o Peter Drucker
· Nowadays economists
o Adam Smith
61. Capital is a recourse of long term usage with the purpose of production a big number of goods and services
· The U.S. economists
o Joseph Shumpeter
o Peter Drucker
o Nowadays economists
o Adam Smith
62. an accounting methodology which allows an organization to spread the cost of a fixed asset over the expected useful life of that asset is:
· Depreciation
o Depreciation cost
o Depreciation account
o Depreciable items
o a market value
63. ____ is not considered a depreciable item as it does not wear out or become obsolete:
o building
o capital
· land
o mashines
o equipment
64. Method calculates depreciation by spreading the cost evenly over the life of the fixed asset is:
· The straight line method
o Accelerated depreciation methods
o Double declining balance calculate depreciation cost.
o Declining balance calculate depreciation cost.
o Salvage value method
65. Calculating depreciation by expensing a large part of the cost at the beginning of the life of the fixed asset is not:
· The straight line method
o Accelerated depreciation methods
o Double declining balance calculate depreciation cost.
o Declining balance calculate depreciation cost.
o The declining balance depreciation method
66. Method used the depreciable basis of an asset multiplied by a factor based on the life of the asset is not:
· The straight line method
o Accelerated depreciation methods
o Double declining balance calculate depreciation cost.
o Declining balance calculate depreciation cost.
o The declining balance depreciation method
67. the book value of the fixed asset - cost less accumulated depreciation is:
o Depreciation Calculation
· Depreciable Basis
o Depreciation Expense
o Accumulated Depreciation
o Factor
68. the percentage of the asset that would be depreciated each year under straight line depreciation times the accelerator is:
o Depreciation Calculation
o Depreciable Basis
o Depreciation Expense
o Accumulated Depreciation
· Factor
69. An asset with a four year life would have _____of the cost depreciated each year.
o 35%
o 30%
· 25%:
o 30%
o 40%
70. a common measure of a company's liquidity, efficiency, and overall health is:
o fixed capital
o real capital
· working capital
o capital
o financial capital
71. Working capital does not include:
o Cash
o Inventory
o Accounts receivable
o Accounts payable
· equity
72. The collection of unsold products waiting to be sold. Inventory is listed as a current asset on a company's balance sheet is:
· Cash
o Inventory
o Accounts receivable
o Accounts payable
o equity
73. amounts owed by customers for goods and services a company allowed the customer to purchase on credit is:
o Cash
· Inventory
o Accounts receivable
o Accounts payable
o Equity
74. amounts owed by customers for goods and services a company allowed the customer to purchase on credit are:
o Inventory
· Accounts receivable
o Accounts payable
o equity
o cash
75. amounts owed to suppliers and other creditors for goods and services bought on credit are:
o Inventory
o Accounts receivable
· Accounts payable
o equity
o cash
76. money available to a company for day-to-day operations is:
o fixed capital
o real capital
· working capital
o capital
o financial capital
77. Current assets- Current Liabilities is:
o fixed capital
o real capital
· working capital
o capital
o financial capital
o
78. cash or any asset that can be reasonably converted to cash within one year is:
· Current assets
o Current Liabilities
o Liabilities
o Assets
o Fixed assets
o
79. a company is able to pay off its short-term liabilities almost immediately if:
· Positive working capital
o working capital
o capital
o Negative working capital
o Negative capital
80. a good sign for the business as investors base their investment decisions on the liquidity of a company is:
· Positive working capital
o working capital
o capital
o Negative working capital
o Negative capital
81. output/(total inputs):
o Partial measures of productivity
o Multi-factor measures
o Total measure
o Productivity
· Total measure of productivity
82. output/(single input)
· Partial measures of productivity
o Multi-factor measures
o Total measure
o Productivity
o Total measure of productivity
o
83. output/(multiple inputs)
o Partial measures of productivity
· Multi-factor measures
o Total measure
o Productivity
o Total measure of productivity
84. Goods or Services Produced /All inputs used to produce them
o Partial measures of productivity
o Multi-factor measures
o Total measure
o Productivity
· Total measure of productivity
85. Output /Labor + Machine
o Partial measures of productivity
· Multi-factor measures
o Total measure
o Productivity
o Total measure of productivity
o
86. Output/Labor + Capital + Energy
o Partial measures of productivity
· Multi-factor measures
o Total measure
o Productivity
o Total measure of productivity
o
87. Output / Labor
· Partial measures of productivity
o Multi-factor measures
o Total measure
o Productivity
o Total measure of productivity
88. Output /Machine
· Partial measures of productivity
o Multi-factor measures
o Total measure
o Productivity
o Total measure of productivity
89. Output /Capital
· Partial measures of productivity
o Multi-factor measures
o Total measure
o Productivity
Total measure of productivity
90. Output /Energy
· Partial measures of productivity
o Multi-factor measures
o Total measure
o Productivity
o Total measure of productivity
91. Does not Improving Productivity
o Develop productivity measures
o Determine critical operations
o Develop methods for productivity improvements
o Establish reasonable goals
· Environmental Scanning
92. Lower-skilled workers use specialized machinery high volumes of standardized goods
· Mass Production
o Craft Production
o Lean Production
o Batch Production
o Production
93. Highly skilled workers use simple flexible tools to produce small quantities of customized goods
o Mass Production
· Craft Production
o Lean Production
o Batch Production
o Production
94. Uses minimal amounts of resources high volume of high-quality goods
o Mass Production
o Craft Production
· Lean Production
o Batch Production
o Production
95. Conversion process of transformed input into output
o Mass Production
o Craft Production
o Lean Production
o Batch Production
· Production
96. Process transformation of input into output
o Mass Production
o Craft Production
o Lean Production
o Batch Production
· Production
o
97. Focuses on quality in all phases of an organization
· Quality-based strategies
o Quality strategies
o strategy
o Time-based strategies
o Just-in-time strategies
98. Focuses on reduction of time needed to accomplish tasks
o Quality-based strategies
o Strategy
· Time-based strategies
o Just-in-time strategies
o Quality strategies
99. Rita is a high school student. She would like to have a career in business, have a good job, and earn enough income to live comfortably- Live a good life
· Mission
o Goal
o Strategy
o Tactics
o Operations
o
100. Rita is a high school student. She would like to have a career in business, have a good job, and earn enough income to live comfortably- Successful career, good income
o Mission
· Goal
o Strategy
o Tactics
o Operations
o
101. Rita is a high school student. She would like to have a career in business, have a good job, and earn enough income to live comfortably- Obtain a college education
o Mission
o Goal
· Strategy
o Tactics
o Operations
102. Rita is a high school student. She would like to have a career in business, have a good job, and earn enough income to live comfortably- Select a college and a major
o Mission
o Goal
o Strategy
· Tactics
o Operations
103. Rita is a high school student. She would like to have a career in business, have a good job, and earn enough income to live comfortably- Register, buy books, take
o Mission
o Goal
o Strategy
· Tactics
o Operations
o
104. a system which deals with the performance, structure, and behaviour of a country’s economy as a whole
· National economy
o Economy
o International economy
o Open economy
o Closed economy
105. the behavior and decision-making of entire economies aggregated indicators such as GDP, unemployment rates, and price indices to understand how the whole economy functions.
· National economy
o Economy
o International economy
o Open economy
o Closed economy
106. FTT= X+M
o Exports
o Imports
· Foreign trade turnover
o Net Exports
o Trade turnover
107. NX=X-M
o Exports
o Imports
o Foreign trade turnover
· Net Exports
o Trade turnover
o
108. Purpose of enterprise does not
o High quality of output
· Get losses
o High labor productivity
o Low cost of production
o Maximum profit in long-term prospect
o
109. Objectives of enterprise does not
o full and timely satisfaction of requirements of the consumers
o competitiveness of production on the basis of high quality of output
o flexible updating of production on the new demands of customers
o Effectiveness of production
· Unfavourable and safety labor conditions
o
110. a basic primary economic unit in economic system which targeted on making and realizing production process
o Production
· The enterprise
o Operations
o Finance
o Marketing
o
111. Farming, mining, construction, manufacturing, power generation
o Storage/Transportation
o Exchange
· Goods Producing
o Entertainment
o Communication
112. Warehousing, trucking, mail service, moving, taxis, buses, hotels, airlines
· Storage/Transportation
o Exchange
o Goods Producing
o Entertainment
o Communication
o
113. Retailing, wholesaling, banking, renting, leasing, library, loans
o Storage/Transportation
· Exchange
o Goods Producing
o Entertainment
o Communication
o
o
114. Films, radio and television, concerts, recording
o Storage/Transportation
o Exchange
o Goods Producing
· Entertainment
o Communication
115. Newspapers, radio and television newscasts, telephone, satellites
o Storage/Transportation
o Exchange
o Goods Producing
o Entertainment
· Communication
116. Input is not
o Raw Vegetables
o Metal Sheets
o Water
· Packing
o Energy
o
117. Processing is not
· Raw Vegetables
o Labeling
o Cleaning
o Packing
o Cooking
o
118. Output is not
o car
o graduated specialist
· Water
o Healthy patients
o Canned vegetables
119. to keep and support at necessary level all kinds of financial resources
· Finance subsystem
o Marketing subsystem
o Production subsystem
o Conversion
o Transformation
120. to reach the highest labor productivity and the minimum cost price at production of demanded quality
o Finance subsystem
o Marketing subsystem
· Production subsystem
o Conversion
o Transformation
o
121. to come out on top on sales of production of a certain kind on the market
o Finance subsystem
· Marketing subsystem
o Production subsystem
o Conversion
o Transformation
122. to win leading positions on input of new kinds of production, using on researches and workings out certain percent of profit
o Finance subsystem
o Innovations
o Production subsystem
o Conversion
o Transformation
123. to provide the conditions necessary for development of creative potential of workers and increase of their level and interest in work
o Finance subsystem
o Innovations
o Production subsystem
· The personnel
o Transformation
124. to define critical areas of administrative influence and the priority problems providing reception of planned results
o Finance subsystem
o Innovations
o Production subsystem
o The personnel
· Management
125. means close interrelation of all parts of enterprise which is supplemented with presence of factory services
· The technological unity
o The organizational-economic unity
o Economic independence
o The personnel
o Management
126. organization of production on a commercial basis
o The technological unity
· The organizational-economic unity
o Economic independence
o The personnel
o Management
127. provides a self-sufficiency by real and working capital, independent sale of production, financial report
o The technological unity
o The organizational-economic unity
· Economic independence
o The personnel
o Management
o
128. the cost of direct labor, direct materials, and manufacturing overhead that are consumed to create a product
o costs of production
· Product cost
o Labor cost
o Material cost
o Manufacturing cost
129. production or services labor that is assigned to a specific product, cost center, or work order
o costs of production
· Direct labor
o Labor cost
o Material cost
o Manufacturing cost
130. machine operators, assembly line operators, painters, and so forth
o costs of production
· Direct labor
o Labor cost
o Material cost
o Manufacturing cost
131. the wages of the person cutting wood into the specified lengths and the wages of the assemblers are _______ costs in a furniture factory
o costs of production
· Direct labor
o Labor cost
o Material cost
o Manufacturing cost
132. Factory overhead is also described as
· indirect manufacturing costs
o direct manufacturing costs
o manufacturing costs
o indirect costs
o direct costs
133. all other costs incurred in the manufacturing activity which cannot be directly traced to physical units in an economically feasible way
o direct manufacturing costs
o manufacturing costs
o indirect costs
· Factory overhead
o direct costs
134. the cost of materials used to manufacture a product or provide a service
o direct manufacturing costs
o manufacturing costs
o indirect costs Direct material cost
o Factory overhead
· Direct material cost
135. the cost of wood is _______ in the manufacture of wooden furniture
· a direct material
o Direct labor
o Labor cost
o Material cost
o Manufacturing cost
136. (Total direct labor + Total direct materials + Total allocated overhead) / Total number of units
· Product unit cost
o costs of production
o Labor cost
o Material cost
o Manufacturing cost
137. if the product has not yet been sold, product cost can be recorded as an
· inventory asset
o Asset
o Account receivable
o Account payable
o Marketable securities
138. costs that are traceable to the creation of a product and include costs for materials and labor whereas
o indirect costs
· Direct costs
o Product unit cost
o costs of production
o Labor cost
139. costs refer to those costs that cannot be traced to the product such as overhead
o Labor cost
· indirect costs
o Direct costs
o Product unit cost
o costs of production
140. Businesses that manufacture products must determine how to calculate their
o Labor cost
o indirect costs
o Direct costs
· Product costs
o costs of production
o
141. $91,200,000 total manufacturing costs; 120,000 units production output; product cost per unit=?
· $760
o $607
o $706
o $670
o $766
o
142. In actual practice, manufacturers calculate their product costs
o yearly
o quarterly
o monthly
· monthly or quarterly
o daily
143. Total costs/total product
· Average cost
o Marginal cost
o Fixed cost
o Variable cost
o Product cost
144. Delta total cost/delta total product
o Average cost
· Marginal cost
o Fixed cost
o Variable cost
o Total cost
145. Cost which does not depend on output
o Average cost
o Marginal cost
· Fixed cost
o Variable cost
o Total cost
146. Cost which depends on output
o Average cost
o Marginal cost
o Fixed cost
· Variable cost
o Total cost
147. Q*p=
o Output
o Price per nit
o price
· Revenue
o Total product
148. Ability to generate new ideas, Innovate, take risks
o Capital
o Labor
o Financial capital
· Entrepreneurship
o Land
149. economic applications of inventions
o discoveries
· Innovation
o Production
o marketing
o sales
150. the process and outcome of creating something new, which is also of value
o discoveries
· Innovation
o Production
o marketing
o sales
151. Schumpeter argued that innovation does not come about through new combinations made by an entrepreneur, resulting in
o A new product
o A new process
o Opening of new market
o New sources of supply
· invention
152. the shifting of value-creating forces
· value migration
o value
o migration
o customers' priorities
o outmoded business models
153. production is used for one off products or prototypes
o Batch production
· Job production
o Just-in-Time Production
o Flow Production
o Lean Production
154. production occurs when many similar items are produced together
· Batch production
o Job production
o Flow Production
o Just-in-Time Production
o Lean Production
155. the production of large amounts of standardized products, including and especially on assembly lines
o Batch production
o Job production
· Flow Production
o Just-in-Time Production
o Lean Production
156. product that conforms to specifications resulting from the same or equivalent technical requirements
· standardized product
o Specified product
o technical product
o good
o service
157. a manufacturing process in which parts are added to a product in a sequential manner to create a finished product much faster than with handcrafting-type methods
· An assembly line
o Batch production
o Job production
o Just-in-Time Production
o Lean Production
158. The assembly line developed by
· Ford Motor Company
o Ferrary
o Mersedess
o Chrysler
o Peugeot
159. the first to master the moving assembly line and was able to improve other aspects of industry by doing so
· Henry Ford
o Rockefeller
o Schumpeter
o Druker
o
160. a method of production widely used by Japanese companies
o An assembly line
o Batch production
o Job production
o Just-in-Time Production
· Lean Production
161. _______encourages the workers at all points of the production process to monitor quality control
· TQM
o An assembly line
o Batch production
o Job production
o Just-in-Time Production
o
162. when machines are used, but people are still needed to operate them
· Mechanization
o Automation
o Craft production
o Manual production
o Handcraft production
o
163. when machines are programmed to carry out tasks
o Mechanization
· Automation
o Craft production
o Manual production
o Handcraft production
164. is when computers are used to design products
o Mechanization
o Computer Aided Design
o Craft production
o Manual production
o Handcraft production
o
165. when production machinery is controlled by computers
· Computer Aided Manufacture
o Mechanization
o Computer Aided Design
o Craft production
o Manual production
166. where a whole factory is controlled by a computer
· Computer Aided Manufacture
o Mechanization
o Computer Aided Design
o Craft production
o Manual production
o
167. The term "_____" relates to the state of being busy either as an individual or society as a whole, doing commercially viable and profitable work
· Business
o Organization
o Government
o Household
o Entrepreneurship
168. an organization engaged in the production and trade of goods, services, or both to consumers
· Business
o Organization
o Government
o Household
o Entrepreneurship
o
169. a business owned by one person for-profit
· Sole proprietorship
o Proprietorship
o Partnership
o Corporation
o Enterprise
170. a business owned by two or more people
o Sole proprietorship
o Proprietorship
· Partnership
o Corporation
o Enterprise
171. business that has a separate legal personality from its members
o Sole proprietorship
o Proprietorship
o Partnership
· Corporation
o Enterprise
172. The efficient and effective operations of a business
· management
o financial management
o marketing management
o human resource management
o strategic management
173. the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, services to create exchanges that satisfy individual and organizational goals
o Marketing
· management
o financial management
o human resource management
o strategic management
174. the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value
o Marketing
· marketing management
o financial management
o human resource management
o strategic management
175. Benefit / Cost
· Value
o Surplus value
o Benefit
o Monetary Cost
o Cost
o
176. Functional Benefit + Emotional Benefit
o Value
o Surplus value
· Benefit
o Monetary Cost
o Cost
177. Monetary Cost + Time Cost + Energy Cost + Psychic Cost
o Value
o Surplus value
o Benefit
o Monetary Cost
· Cost
178. management is concerned with how we will create value for the customer
· Strategic marketing management
o Marketing
o marketing management
o financial management
o human resource management
179. the managerial process of creating and maintaining a fit between the organization’s objectives and resources and the evolving market opportunities
o Strategic marketing management
o Marketing
o marketing management
o financial management
· Strategic Planning
180. Internal Sources if financing enterprise does not involve:
o Private funds
o Profits
o Depreciation
· Credits of banks
o Own funds
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