Peregrine Exam Study Guide | Questions with 100% Correct Answers | Verified | Latest Update
Question :Which of the following is NOT a strategic
alternative to laying off employees?implementing a restricted hiring policy downsizing the workforce lowering employment standards mandating reduced hours
Correct answer:Lowering Employment Standards
Question :KJ built his taco truck out of $75,000,000 worth of
titanium and duct tape. He uses $10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25 of foie gras in each taco. If he sells tacos at $475 each, what is his break- even quantity?
194,640
173,310
167,125
181,292
Correct answer:173,310
Question :The Marketing Concept today is about what?
Sales Relationships Aggressive advertising Price
Correct answer:Sales
Question :Which of these is not a cash flow activity category
in the Statement of cash flows?operating.investing.financing.depreciating.
Correct answer:depreciating.
Question :Which one of the following statements is false?
TC = TFC + TVC
ATC = AFC + AVC
AFC = TFC divided by Q MC = TC divided by Q
Correct answer:AFC = TFC divided by Q
Question :The ratio that explains how efficiently companies
use their assets to generate revenue.Receivables turnover ratio Asset turnover ratio Income ratio Quick ratio
Correct answer:Asset Turnover Ratio
Question :The sum of the squares total (SST)
measures the total variability in X about the mean.measures the total variability in Y about the mean.measures the variability in X about the regression line.measures the variability in Y about the regression line.
Correct answer:Measures the variability in Y about the
regression line.
Question :This strategy sacrifices responsiveness to local
markets in favor of efficiency. Microsoft, for example, offers the same software programs around the world but adjusts the programs to match local languages.Multinational strategy Global strategy Transnational strategy Multidomestic strategy
Correct answer:Global strategy
Question :Another Time Around helps young inner city kids
develop products they can make and sell to earn money for college. What concept best describes this?The marketing mix Cause marketing Benevolent advertising A tax deduction