Tara McDonald
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High School Principles of Business Quiz sobre POB 5.02 Review, criado por Tara McDonald em 20-02-2017.

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Tara McDonald
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POB 5.02 Review

Questão 1 de 17

1

Which represents a natural risk for the owner of a delivery service?

Selecione uma das seguintes:

  • snowstorm

  • accident

  • rising prices

  • government intervention

Explicação

Questão 2 de 17

1

A business selects goods or services to sell. Which type of risk is this business using?

Selecione uma das seguintes:

  • transferring risk

  • controlling risk

  • bypassing risk

  • avoiding risk

Explicação

Questão 3 de 17

1

Which is an example of a speculative business risk?

Selecione uma das seguintes:

  • A special promotion fails to increase sales.

  • A supplier's shipment is lost in transit.

  • A cashier gives unauthorized discounts to friends.

  • A customer is injured at a business and sues the company.

Explicação

Questão 4 de 17

1

One way a business can reduce the risk of accidents in the workplace is by providing its employees with:

Selecione uma das seguintes:

  • safety training.

  • electronic data interchange (EDI).

  • supply manuals.

  • weight-loss programs.

Explicação

Questão 5 de 17

1

Many businesses use a variety of security precautions in order to protect the businesses from:

Selecione uma das seguintes:

  • natural disasters.

  • the risk of theft.

  • economic depressions.

  • threat of foreclosure.

Explicação

Questão 6 de 17

1

Sam works for a construction company. Yesterday he forgets to put on his hard hat prior to entering the construction site. Sam is said to be:

Selecione uma das seguintes:

  • In compliance

  • Out of compliance

  • Safe

  • Ignorant

Explicação

Questão 7 de 17

1

Bob works at the sawmill. While operating the electric saw, Bob notices one of the bolts has become loosened. He stops his work immediately and reports the incident to his site manager because of the:

Selecione uma das seguintes:

  • Security risk

  • Chemical hazard

  • Non-economic risk

  • Imminent Danger

Explicação

Questão 8 de 17

1

A local food company filed an insurance claim to compensate employees who lost personal belongings in a company fire. This is an example of which type of insurance risk?

Selecione uma das seguintes:

  • Economic

  • Pure

  • Uncontrollable

  • Uninsurable

Explicação

Questão 9 de 17

1

Which is an example of uninsurable risks?

Selecione uma das seguintes:

  • FedEx covers property damaged by its drivers.

  • Kroger Grocery Store has liability coverage.

  • FedEx's competitors are now picking up packages from residential homes.

  • Tessa is receiving compensation after being injured at work.

Explicação

Questão 10 de 17

1

A company chooses not to carry a line of products that appears to be especially easy to shoplift. Risk from not carrying the product line is:

Selecione uma das seguintes:

  • Avoided

  • Reduced

  • Transferred

  • Retained (Assumed)

Explicação

Questão 11 de 17

1

When it rains, Walmart place rubber mats in the entryways of their doors. By placing the mats during bad weather, Walmart is:

Selecione uma das seguintes:

  • Retaining the risk

  • Avoiding the risk

  • Transferring the risk

  • Reducing the risk

Explicação

Questão 12 de 17

1

It would cost a cosmetic company at least $1.49 for each bottle in order to produce a new line of shampoo. The company decided to continue with its original production instead of adding the new product. How did the company handle the potential risks?

Selecione uma das seguintes:

  • Assume

  • Avoid

  • Transfer

  • Insure

Explicação

Questão 13 de 17

1

Real property is:

Selecione uma das seguintes:

  • Jewelry

  • Land or anything attached to it

  • Property that is inside the home

  • Cash

Explicação

Questão 14 de 17

1

ABC Company has major damage to the facility due to an electrical fire. They are forced to close their operations down for two months while the building is being repaired. What type of insurance covers this type of damage?

Selecione uma das seguintes:

  • Personal Property Insurance

  • Workers Compensation Insurance

  • Business Interruption Insurance

  • OSHA Insurance

Explicação

Questão 15 de 17

1

Suzanne wants a personal insurance policy that will include features of basic and major medical health insurance, dental care, and vision care. What type of policy does she need?

Selecione uma das seguintes:

  • Comprehensive

  • Surgical

  • Vision

  • Hospital

Explicação

Questão 16 de 17

1

Randle's boss had insurance that would provide payments to him while he was at home recovering from a back injury that occurred at work. What type of insurance does Randle's boss have?

Selecione uma das seguintes:

  • Workers Compensation

  • Liability Coverage

  • Business Interruption

  • Major Medical

Explicação

Questão 17 de 17

1

Sally works for Nash-Rocky Mount Schools. She is 36 years old and decides that she needs life insurance. Other than covering her funeral expenses, she would like to have the option to be able to use the money she invests before she dies on purchasing expensive items like vacations, college, and a new home. She only has this option if she invests in what type of life insurance?

Selecione uma das seguintes:

  • Term life insurance

  • 401K

  • Permanent life insurance

  • Workers Compensation

Explicação