Pass test with the help of Business-Education-Content-Knowledge-5101 actual exam materials
Updated: Jun 06, 2026
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1. If margarine and butter are substitute goods, which of the following will result in an increase in the demand for margarine?
A) A decrease in the price of butter
B) A decrease in the supply of margarine
C) An increase in the supply of margarine
D) An increase in the price of butter
2. An established company wants to find applicants who will stay with the company for at least one year if hired. Which of the following strategies is most effective in working toward the goal?
A) Advertising job opportunities online
B) Encouraging mainly electronic applications
C) Placing job ads in trade publications
D) Rewarding current employees for referrals
3. Which of the following actions provides the best advantage for an international high-tech business over its global competitors?
A) Enacting currency controls
B) Using developments created from research
C) Applying concepts of planned economies
D) Paying ad valorem tariffs
4. Which of the following components of a business plan primarily illustrates industry knowledge as well as any industry research findings and conclusions?
A) Service or product line
B) Market analysis
C) Organization and management
D) Executive summary
5. Research indicates that government warnings can affect buying patterns. A recent federal research report links red-meat consumption to poor health. Another report praises chicken as a healthy meat alternative. If other market conditions remain the same, the price of chicken will probably
A) rise, then fall
B) decrease
C) remain unchanged
D) increase
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: D |
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