CSET Business Subtest I (175): Practice & Study Guide  /  Business Courses

Test Prep Plan - Take a practice test

Take this practice test to check your existing knowledge of the course material. We'll review your answers and create a Test Prep Plan for you based on your results.
How Test Prep Plans work
1
Answer 50 questions
Test your existing knowledge.
2
View your test results
Based on your results, we'll create a customized Test Prep Plan just for you!
3
Study smarter
Study more effectively: skip concepts you already know and focus on what you still need to learn.

CSET Business - Planning & Problem Solving Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

Page 1

Question 1 1. Which type of chart plots the relationship between dependent and independent variables?

Question 2 2. When looking at the external environment, companies typically look at

Question 3 3. Why is a tactical plan relevant for the functioning of each company?

Question 4 4. A manager is brainstorming potential solutions to a problem. According to the rational decision-making model, what is occurring?

Question 5 5. Using the Pie Chart 'Who Sells The Most Fast Food?', which fast food restaurant had about 17 Billion in sales?

Page 2

Question 6 6. Why is rational decision making considered to be a precise process?

Question 7 7. Which type of chart compares data with relative percentages?

Question 8 8. Which of these would be part of the implementation of contingency management at XYZ Corp.

Question 9 9. Another phrase for intuition is _____.

Question 10 10. What is a term for shortcuts in making a quick decision to maintain mental activity?

Page 3

Question 11 11. Why is it important to develop a control and evaluation system?

Question 12 12. Looking at the pie chart 'Who Sells The Most Fast Food?', how many sectors can be determined?

Question 13 13. What style of decision making uses direct observations, facts, and data to determine the best outcome?

Question 14 14. Define contingency planning.

Question 15 15. The Bar Graph, 'Top Ten U.S Rentals in 1999', shows the top ten movies in the U.S during the year. Which movie had about 150 million in rentals?

Page 4

Question 16 16. What is the term that describes when managers select the first alternative that is good enough due to the fact that costs in time and effort are too great to optimize?

Question 17 17. 'When Simon chose to layoff Jared because he was the first poor performing employee to cross his mind, this would be an example of what type of heuristic?

Question 18 18. Mary is an analyst for a bank. Every month she reviews company reports and goes online to search for potential threats and opportunities that may affect the bank in the future. Mary is performing which aspect of contingency planning?

Question 19 19. Using the bar graph, 'Top Ten U.S. Rentals in 1999', about how much money did the movie American Pie have in revenue?

Question 20 20. Which axis is the horizontal axis?

Page 5

Question 21 21. Which type of chart illustrates relationships between concepts or steps in a process?

Question 22 22. The four styles of decision making are:

Question 23 23. Which variable remains unaffected by the other variables of an experiment?

Question 24 24. Why is it important to consider common biases when making a decision?

Question 25 25. When assessing an organization's internal environment a manager is concerned with

Page 6

Question 26 26. What decision making style is rational and autocratic?

Question 27 27. Using the Pie Chart 'Who Sells The Most Fast Food?', about what is the total amount (in billions) that Wendy's made in sales?

Question 28 28. A fruit packing company in Florida makes plans for what it will do in the event a hurricane strikes. This is called _____

Question 29 29. Rational decision-making uses _____ to reach a decision.

Question 30 30. A procedure that details how to take an inventory is an example of a(n) _____ plan, while a promotional advertisement is an example of a(n) _____ plan.

CSET Business - Planning & Problem Solving Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

Support