Question 60 (2 points)

Influence is the most critical factor in the definition of leadership.

Question 60 options:

	True
	False

Question 61 (2 points)

The goal of leadership is to achieved compliance from subordinates.

Question 61 options:

	True
	False

Chapter 10 - Supply Chain Management

Question 62 (2 points)

What are the two types of logistics?

Question 62 options:

a)	Inbound and Outbound

b)	Internal and External

c)	Outbound ad External

d)	Inbound and Internal

Question 63 (2 points)

Disintermediation:

Question 63 options:

a)	Can significantly reduce cost.

b)	Can create obstacles when the value of an intermediary is lost.

c)	May be regulated.

d)	All of the above.

e)	None of the above.

Question 64 (2 points)

Marketing channel refers to marketing and sales activities.

Question 64 options:

	True
	False

Question 65 (2 points)

An example of a direct to customer sale involves the customer being directed to amazon.com to place an order for a product, that is then fulfilled by amazon.

Question 65 options:

	True
	False

Question 66 (2 points)

When a manufacturer uses an electronic marketing channel with one or more indirect channels, it is said to be use multichannel marketing.

Question 66 options:

	True
	False

Chapter 14 - Business Financing

Question 67 (2 points)

Which of the following are sources of money for companies?

Question 67 options:

a)	Investment from owners

b)

Borrowing

c)	Retained earnings

d)	All of these

e)	None of these

Question 68 (2 points)

In addition to stocks, the NASDAQ Composite index includes

Question 68 options:

a)	American depository receipts

b)	Real estate investment trusts

c)	Tracking stocks

d)	Limited partnership interests

e)	All of these

Question 69 (2 points)

The responsibilities for an employee in defined contribution plans include which of the following?

Question 69 options:

a)	Determine how much money they will need for retirement

b)	Understand the risk of different investment options

c)	Understand the possible return for different investment options

d)	Consider the impact of inflation

e)	All of these

Question 70 (2 points)

Determining the interest rate based on a set of cash flows provides a useful way to evaluate investment options. This rate is known as the Internal Rate of Return.

Question 70 options:

	True
	False

Question 71 (2 points)

Usury along with its high interest is based on the idea that the borrower is taking advantage of the lender.

Question 71 options:

	True
	False

Chapter 15 - New Product Development

Question 72 (2 points)

A product portfolio is typically organized into

Question 72 options:

a)	categories by price

b)	product lines and product items

c)	products made from the same material

d)	none of these

Question 73 (2 points)

Match each term with its description.

Question 73 options:

12345	The number of product lines in a company's product portfolio.
12345	The average number of items in each product line.
12345	A group of products that are similar in terms of usage, buyers marketed to, or technical characteristics.
12345	Individual items in a product line.
12345	Groups of product lines and product items.

1.	Portfolio Width
2.	Portfolio Depth or Product Length
3.	Product Portfolio
4.	Product Item
5.	Product Line

Question 74 (2 points)

There are two basics errors Gate 1 approvals can make.

Question 74 options:

a)	Failing to approve a good idea and allowing a bad idea to go on to development.

b)	Approving a good idea and allowing a bad idea to go on to development.

c)	Failing to approve a good idea and not allowing bad ideas a chance to move on to development

d)	None of these.

Question 75 (3 points)

The development of new products and services is a secondary function related to a company's survival.

Question 75 options:

	True
	False

Question 76 (3 points)

Multibrand strategy is the term that describes a firm that gives each of its products a distinct individual name.

Question 76 options:

	True
	False

Chapter 25 - Personal Financial Planning

Question 77 (2 points)

A good way to start managing your spending is to track all expenses for 3 months.

Question 77 options:

	True
	False

Question 78 (2 points)

What is the first step in developing your personal financial plan?

Question 78 options:

a)	Summarize your current situation.

b)	Take out a loan or credit card to cover your monthly expenses.

c)	Make all major purchases first, then plan.

d)	Live paycheck to paycheck.

Question 79 (2 points)

Various fees are associated with investing. Which of the following are typical fees?

Question 79 options:

a)	Commissions for buying or selling within a mutual fund.

b)	Expense ratios--fees to pay for using a particular investment fund.

c)	Transaction fees--a flat rate for investment transactions

d)	Management fees--typically a very large portfolio benefits from hiring a manager.

e)	None of these. There are no fees associated with investing.

Question 80 (2 points)

The realistic component of the SMART concept will become most clear once you develop a budget.

Question 80 options:

	True
	False

Question 81 (2 points)

Time-related in terms of the SMART concept means you assign a deadline for your goal. For example: Create a $1,000 emergency fund in 3 months and a $5,000 emergency fund in 12 months."

Question 81 options:

	True
	False