1. What are the internal factors affecting job recruiting?
A. Supply of labor
B. Promotion policies
C. Legal considerations
D. Demand for labor
2. Which of the following represents the fixed costs associated with buying materials from suppliers, not including the costs of materials?
A. Quality
B. Carrying
C. Ordering
D. Stock-out
3. Which of the following helps in problem-solving?
A. Listening and stroking
B. Stroking only
C. Listening and discounting
D. Stroking and discounting
4. Which of the following represents the correct sequence?
A. Policy → Strategy → Mission → Goals
B. Goals → Mission → Policy → Strategy
C. Strategy → Goals → Policy →Mission
D. Mission → Goals → Strategy → Policy
5. When a manufacturing company raises prices for its products, it's a reflection of a/an
A. decrease in consumer price index (CPI).
B. increase in producer price index (PPI).
C. increase in balance of trade (BOT).
D. decrease in balance of payments (BOP).
6. Which of the following represents the correct relationships in the accounting equation?
A. Assets plus owners' equity equal liabilities
B. Assets equal liabilities minus owners' equity
C. Assets equal liabilities plus owners' equity
D. Assets plus liabilities equal owners' equity
7. Safety stock _______ the carrying costs.
A. does not affect
B. slightly affects
C. decreases
D. increases
8. The scope of collective bargaining unit includes which of the following?
A. Committees, arbitrators, conciliators, and mediators
B. Grievances, reprisals, wages, and working conditions
C. Consultants, contractors, advisors, and attorneys
D. Management, unions, lobbyists, and regulators