MCQOPTIONS
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MCQOPTIONS
This section includes 5 Mcqs, each offering curated multiple-choice questions to sharpen your Technology knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Which of these phrases best describes the business cycle? |
| A. | The process of creating policy for businesses, beginning with agenda setting and ending with evaluating the policy's effect on the business's bottom line |
| B. | A recurring cycle of booms and busts, recoveries and recessions |
| C. | A system of managing the economy by increasing or decreasing the supply of money |
| D. | A system of managing the economy by increasing or decreasing federal expenditures |
| Answer» C. A system of managing the economy by increasing or decreasing the supply of money | |
| 2. |
How many steps are in the system development life cycle? |
| A. | 3 |
| B. | 4 |
| C. | 5 |
| D. | 6 |
| Answer» E. | |
| 3. |
A trough in the business cycle occurs when |
| A. | economy is transitioning from a period of decline to a period of expansion |
| B. | economy is transitioning from a period of expansion to a period of contraction |
| C. | economy is transitioning from a period of expansion to a period of decline |
| D. | None of the above |
| Answer» B. economy is transitioning from a period of expansion to a period of contraction | |
| 4. |
Examples of networking in business. |
| A. | Online/social media networks |
| B. | Community service clubs |
| C. | Strong contact networks |
| D. | All of the above |
| Answer» E. | |
| 5. |
A low trough is indicative of |
| A. | the start of a depression |
| B. | the end of a recession |
| C. | a serious depression |
| D. | a growing recession |
| Answer» E. | |