ACCT 2550 Lecture 1: 2011-B11_BMA-Cluster-Exam-and-Key-2

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Test 1048 business management and administration cluster exam 1. The primary reason that governments regulate business activities is to limit the level of competition in the marketplace: encourage businesses to expand their operations, protect the well-being of individuals and businesses, change international trade initiatives. The nature of an agent"s work and the level of an agent"s control are factors that determine if a(n) __________ relationship exists: arbitrator-civilian, principal-captive, contractor-subordinate, master-servant. Nate was supposed to bring his report card back to school, signed by a parent. After forgetting three days in a row, his teacher gave him a detention. Nate doesn"t complain about it because he knows he didn"t follow the teacher"s directions. Which of the following steps for following directions does this situation illustrate: accepting responsibility, knowing when to speak, not rushing, noting key words. What should business employees do first when preparing an oral presentation: develop the visuals, practice the speech, organize the notes, identify the audience.

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