ETS MAJOR FIELD TEST IN BUSINESS
SAMPLE QUESTIONS with Complete Solutions (Latest 2025) In marketing research, a firm might consider using secondary data over primary data because (A) secondary data usually cost less (B) secondary data are usually more accurate (C) primary data are usually non specific (D) primary data are likely to be outdated - Correct Answers
✅(A)
In organizational decision making, managers are able to exercise the greatest degree of discretion in the (A) enforcement of internal policies (B) settlement of legal disputes (C) restructuring of outstanding loans (D) compliance with federal regulations - Correct Answers
✅(A) 1 / 3
ETS MAJOR FIELD TEST IN BUSINESS
SAMPLE QUESTIONS with Complete Solutions (Latest 2025) The term "net working capital" refers to (A) inventories, receivables, and current notes and investments (B) assets divided by liabilities (C) current assets less short-term liabilities (D) net assets left over after subtracting cost of goods sold - Correct Answers ✅(C) Questions 4-5 are based on the following information.Dreamland Pillow Company sells the "Old Softy" model for $20 each. One pillow requires two pounds of raw material and one hour of direct labor to manufacture.Raw material costs $3 per pound and direct production labor is paid $4 per hour. Fixed supervisory costs are $2,000 per month and Dreamland rents its factory on a five-year lease for $4,000 per month. All costs are considered costs of production.
- How many pillows must Dreamland produce and sell each
month to earn a monthly gross profit of $1,000? 2 / 3
ETS MAJOR FIELD TEST IN BUSINESS
SAMPLE QUESTIONS with Complete Solutions (Latest 2025)
(A) 300
(B) 350
(C) 600
(D) 700 - Correct Answers ✅(D) Questions 4-5 are based on the following information.Dreamland Pillow Company sells the "Old Softy" model for $20 each. One pillow requires two pounds of raw material and one hour of direct labor to manufacture.Raw material costs $3 per pound and direct production labor is paid $4 per hour. Fixed supervisory costs are $2,000 per month and Dreamland rents its factory on a five-year lease for $4,000 per month. All costs are considered costs of production.
- Another firm has offered to produce "Old Softy" pillows and
sell them to Dreamland for $12 each. Dreamland cannot avoid the factory lease payments, but can avoid all labor costs if it does not produce these pillows. Under these conditions, how many "Old Softy" pillows must Dreamland sell to earn monthly gross profits of $1,000?
(A) 417
(B) 500
- / 3