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Business Management Warm-Up 9/13-14/23

Quiz by Nekeisha King-Price

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10 questions
Show answers
  • Q1
    What is the purpose of a code of ethics in business?
    To provide guidelines for ethical behavior
    To increase profits
    To hide unethical practices
    To establish monopoly power
    30s
  • Q2
    What is the purpose of whistleblowing in business?
    To protect shareholder interests
    To promote competition
    To expose wrongdoing or unethical practices
    To increase profits
    30s
  • Q3
    What is the purpose of a diversity and inclusion initiative in business?
    To increase competition among employees
    To promote equality and create a more inclusive work environment
    To maximize shareholder profits
    To minimize employee turnover
    30s
  • Q4
    What is the purpose of a social audit in business?
    To avoid legal liabilities
    To increase market share
    To reduce employee turnover
    To assess and measure the social impact and performance of a company
    30s
  • Q5
    What is the term used to describe the significant increase in the number of babies born during a specific period of time?
    Baby boom
    Millennial surge
    Generation X
    Population surge
    30s
  • Q6
    What is the term for a company that is owned and operated by one person?
    Partnership
    Limited liability company
    Corporation
    Sole proprietorship
    30s
  • Q7
    What is the term used to describe a situation where there is a high demand for skilled workers but a shortage of available talent?
    Generation gap
    Skills gap
    Wage gap
    Opportunity gap
    30s
  • Q8
    What is the term used to refer to the generation born between the mid-1990s and early 2010s?
    Generation X
    Millennials
    Generation Z
    Baby Boomers
    30s
  • Q9
    How does the 'baby bust' affect the labor market?
    It causes a surge in the retirement age.
    It has no impact on the labor market.
    It results in a decrease in the number of potential workers.
    It leads to an increase in job opportunities for parents.
    30s
  • Q10
    What is the main factor contributing to the 'baby bust' phenomenon?
    Increasing birth rates.
    Improvements in healthcare for infants.
    Declining birth rates.
    Government incentives for having children.
    30s

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