Business Education Praxis Study Guide

1. Which for the after is certainly not a responsibility of the Securities and Exchange Commission (SEC)?

a. Regulating securities
b. Examining insider trading
c. Establishing interest levels
d. Handling applications for initial public offerings (IPOs)

2. An industry where product access exceeds need is named a:

a. Free marketplace
b. Seller's marketplace
c. Buyer's marketplace
d. Black-market

3. The par value of a bond could be the:

a. Normal interest compensated by a given variety of bond over subsequent problems
b. Amount of time until the bond matures
c. Amount paid as soon as the relationship matures
d. Level of interest the relationship pays

4. A mixture of sluggish economic development and high rising prices is named:

a. Inflationary force
b. Deflation
c. Stagflation
d. Disinflation

5. According to Fayol's Administrative concept of control, which associated with after is a proper directory of the five crucial features of management?

a. Controlling, composing, planning, organizing, implementing
b. Containing, controlling, implementing, planning, arranging
c. Creating, coordinating, controlling, planning, organizing
d. Controlling, commanding, coordinating, preparing, arranging

1. C: The Securities and Exchange Commission (SEC) is responsible for regulating securities, examining insider trading, and processing applications for initial community choices (IPOs) of stock. But the Federal Reserve is in charge of establishing interest levels.

2. C: an industry by which item supply is more than product need is named a customer's marketplace, because when offer (product accessibility) surpasses need, the costs paid by buyers reduce. This decrease in prices benefits the customer of something and decreases owner's profits.

3. C: The par value of a relationship may be the value of the bond if it is issued. The par value is typically the amount that the bond issuer pays the buyer when the bond matures, as well.

4. C: a mix of slow financial growth and high inflation is known as stagflation. This could easily take place whenever slow financial development (little or nothing regarding the wage and task increases that induce need) is plus cost increases due to exterior elements like increasing power costs.

5. D: based on Fayol's Administrative concept of Management, the five important features of management are controlling, commanding, matching, planning, and organizing. Henri Fayol, a French professional, pioneered the Classical Theory of Management. He argued that anyone whom performed these five features might be considered a manager, irrespective of his / her real task subject.