level of democracy BLM: Higher Order 8a. Which of the following does the federal government have authority over.. Which of the following does the federal government have authority overa
Trang 1MULTIPLE CHOICE
1 Which of the following terms best describes an organization that provides goods and services
in an effort to earn a profit?
a a not-for-profit
b the government
c a charity
d a business
BLM: Remember
2 What do gasoline for a car, ketchup for french fries, and a lady’s scarf have in common?
a They are services
b They are goods
c They are “mixed message” products
d They are all in the growth stage of their product life cycle
BLM: Higher order
3 What do Uno’s Pizzeria and LensCrafters have in common?
a Their products are examples of intermediate goods
b Their products are a mix of goods and services
c They offer pure goods
d They provide pure services
BLM: Higher order
4 Body soap, a box of rice, and olive oil are examples of what?
a goods
b services
c convenience products
d actual products
BLM: Higher order
5 Which term refers to the products and goods available to a population for a period of time?
a economic growth
b entrepreneurship
c quality of life
d standard of living
BLM: Remember
Trang 26 People living in Okinawa, Japan, have the longest life spans in the world Researchers have looked at many factors that contribute to their longevity They have found that the people have a very high general level of happiness This is referred to as which of the following?
a standard of living
b quality of life
c self-actualization
d contentment
BLM: Higher Order
7 Which of the following is one of the criteria used to measure quality of life?
a political stability and security
b GDP
c unemployment
d level of democracy
BLM: Higher Order
8 ABC company has been exploring for gold in the Democratic Republic of Congo based on a very promising sample size The infrastructure is very poor there and they have to fly all their workers in to remote parts of the jungle to explore for gold If they discover a large deposit, it will be very lucrative for the company but there is a high probability that the sample could be from an area that has very little gold
What is the term to describe their potential for losing time and money on this project?
a risk
b capital loss
c asset right off
d liability
BLM: Higher Order
9 Which of the following best describes the situation when expenses are lower than revenue for
a business?
a risk
b profit
c surplus
d loss
BLM: Higher Order
Trang 310 Who do not-for-profit organizations work hand-in-hand with?
a churches
b investment banks
c businesses
d universities
BLM: Higher Order
11 Types of not-for-profit organizations include which of the following?
a book stores
b museums
c movie theatres
d hockey rinks
BLM: Higher Order
12 In which area of society do not-for-profit organizations play a critical role?
a the media
b the community
c the stock market
d the government
BLM: Higher Order
13 What are not-for-profit organizations commonly known for supporting?
a politicians
b community service
c companies
d sports teams
BLM: Higher Order
14 Not-for-profit organizations are measured by different standards than for-profit businesses Who is responsible for regulating these organizations?
a their customers
b their vendors
c their suppliers
d the government
BLM: Higher Order
Trang 415 What are the three levels of government in Canada?
a federal, provincial, municipal
b federal, state, city
c country, province, city
d country, province, municipality
BLM: Remember
16 Which of the following does the federal government have authority over?
a defence
b education
c health care
d garbage
BLM: Remember
17 Which of the following does the federal government have authority over?
a health care
b education
c criminal law
d roads
BLM: Remember
18 Which of the following does the federal government have authority over?
a roads
b education
c health care
d employment insurance
BLM: Remember
19 Which of the following does the provincial government have authority over?
a roads
b education
c trade regulation
d employment insurance
BLM: Remember
Trang 520 Which of the following does the provincial government have authority over?
a criminal law
b health care
c trade regulation
d defence
BLM: Remember
21 Which jurisdiction has the responsibility for education?
a federal
b provincial
c municipal
d community
BLM: Higher Order
22 Labour laws are controlled by which level of government?
a federal
b provincial
c municipal
d community
BLM: Higher Order
23 Which of the following does the municipal government have authority over?
a education
b water
c trade regulation
d health care
BLM: Remember
24 Which of the following does the municipal government have authority over?
a health care
b sewers
c education
d trade
BLM: Remember
Trang 625 Who is responsible for ensuring that public resources have been properly allocated?
a the government tax department
b the police
c the government auditor
d the government accountants
BLM: Higher Order
26 The federal government of Canada collects money from all the provinces and then
redistributes money from rich provinces to poorer ones Alberta is making a lot of money right now due to the increased production in the Athabasca Tar Sands and the high price of oil Some of the tax money is going from Alberta to Quebec via the federal government What
is the term to describe this?
a redistribution payments
b transfer payments
c transfer assistance
d rebalancing resource wealth
BLM: Higher Order
27 What is the name of one of the specific programs used to equalize the wealth across the country?
a Canada Equalization Transfer
b Canada Social Transfer
c Canada Education Transfer
d Canadian Province Balance
BLM: Higher Order
28 Bylaws are controlled by which level of government?
a federal
b provincial
c municipal
d community
BLM: Higher Order
Trang 729 George is a maple syrup farmer in Northern Ontario As there are a lot of other maple syrup farmers in Canada the market is saturated George wants to sell his maple syrup
internationally but does not know how to go about it He hears that the government will assist Canadian companies looking to export Which level of government will assist George?
a federal
b provincial
c municipal
d city
BLM: Higher Order
30 Which of the following government agencies enforces the laws regulating unfair
competition?
a Business Practices Bureau
b Fair Trade Agency
c Competition Bureau
d Anti-Monopoly Bureau
BLM: Higher Order
31 To stimulate competition and protect both consumers and workers, what does the federal government do?
a It places heavy taxes on companies in monopolistic competition
b It creates business systems to meet the needs of all consumers
c It creates regulations to intervene in the free market
d It places limits on international trade in order to stimulate domestic production
BLM: Higher Order
32 Jack runs a road construction company He builds roads into peoples cottages in Ontario This
is only a small portion of his business though as there are few cottagers that can afford to build a private road Who then would George rely on for most of his revenues?
a corporations
b individuals
c government
d not-for-profits
BLM: Higher Order
33 A patent gives inventors exclusive rights to their inventions for how long?
a 20 months
b 17 years
c 20 years
d the lifetime of the inventor plus 50 years
BLM: Remember
Trang 834 Which of the following protects the original work of authors and artists (e.g., their books, photos, or cartoons)?
a trademark
b copyright
c the uniform commercial code
d patent
BLM: Remember
35 The Nike Swoosh and the Golden Arches of McDonald’s are protected by which of the following?
a trademark
b patent
c copyright
d commercially protected symbol
BLM: Remember
36 Who owns the copyright of a cartoon character created by an employee of a company as part
of their normal job responsibilities?
a the employee who created the cartoon character
b the employer of the cartoon character’s creator
c all of the employees that worked on the cartoon character
d the union that represents the employee
BLM: Higher Order
37 The intent of a patent is to do which of the following?
a increase competition in the marketplace
b reward innovation and hard work of inventors
c slow the growth of monopolies
d encourage copycat inventions
BLM: Higher Order
38 A private wrong that results in physical or mental harm to an individual or results in damage
to that person’s property is referred to as which of the following?
a tort
b punitive judgment
c felony
d misdemeanour
BLM: Remember
Trang 939 Rio Bravo Theme Park is known for its variety of roller coasters Recently, it was reported that two cars on the Macho Nacho roller coaster left the tracks, resulting in serious injuries to four riders These riders are suing the theme park for damages, claiming that the maintenance procedures for the coasters were carelessly performed by the park’s staff When hearing the lawsuits, the courts will seek to determine whether Rio Bravo Theme park could be which of the following?
a guilty of a felony
b liable for a breach of contract
c guilty of a misdemeanour
d liable for an unintentional tort
BLM: Higher order
40 The judgment handed out in civil court typically entails which of the following?
a only imprisonment
b compensation for injury
c public reprimands
d a combination of fines and imprisonment
BLM: Higher order
41 The social movement designed to increase and strengthen the rights and powers of buyers in business transactions is called which of the following?
a environmentalism
b capitalism
c socialism
d consumerism
BLM: Remember
42 The warranty you receive in the box with your new DVD is which of the following?
a implied warranty
b express warranty
c uniform warranty
d commercial warranty
BLM: Higher order
43 Which of the following guarantees that the product you buy will conform to the customary standards of the trade/industry?
a implied warranty
b express warranty
c uniform warranty
d commercial warranty
BLM: Higher order
Trang 1044 A warranty guarantees which of the following?
a The seller will replace or repair the product at no charge if the customer finds a cheaper substitute
b The buyer has read and understood the information provided in the owners’
manual
c Consumers will have access to a customer complaint resolution hot line
d The product sold will be acceptable for the purpose for which the buyer intends to use it
BLM: Higher order
45 Which of the following holds a company responsible for negligence in the production, design, sale, or use of products the company markets?
a breach of contract
b price discrimination
c unintentional harm responsibility
d product liability
BLM: Higher Order
46 Which of the following holds a company liable for damages caused by a defective product even if the company was unaware of the defect at the time of sale?
a network responsibility
b managerial liability
c patent infringement
d strict product liability
BLM: Higher Order
47 Warren Tee was injured using a hair dryer manufactured by the Whoopee Electrical Products Company Warren has contacted a lawyer because he feels that Whoopee is responsible for his injury based on the legal principle of which of the following?
a restricted endorsement
b fault free obligations
c patent infringement
d strict liability
BLM: Higher Order
Trang 1148 Under the doctrine of strict product liability, a manufacturer can be held liable under which of the following conditions?
a for any injury or damage caused by products that do not meet industry standards
b only if the company knowingly sold a hazardous product
c only if the company purposefully was negligent in the design or production of the product
d only if the company intentionally introduced a defective product
BLM: Higher order
49 The Competition Act aims to ensure which of the following?
a no mergers of large corporations that restrict competition
b there is discriminatory pricing
c there are no monopolies
d competition is not cut-throat
BLM: Higher order
50 What are taxes sometimes seen as?
a the price we pay to live in this country
b a necessary evil
c a civic duty
d a waste of money
BLM: Remember
51 Progressive income taxes can be best described as which of the following?
a everyone pays the same tax rate percentage
b tax rates increase as income increases
c tax rates decline as income increases
d the rich get more tax breaks
BLM: Remember
52 What type of income taxes do businesses pay?
a progressive
b flat
c regressive
d incremental
BLM: Remember
Trang 1253 What are the four main types of taxes other than income taxes?
a gas, alcohol, sales and property
b excise, property, sales and alcohol
c property, payroll, sales and excise
d property, payroll, sales and GST
BLM: Remember
54 What term is used to describe the value which property taxes are based on?
a assessed value
b fair value
c market value
d determined value
BLM: Remember
55 Which province is the only one where there is no sales tax?
a Ontario
b British Columbia
c Quebec
d Alberta
BLM: Remember
56 What does Sustainable Development Technology Canada provide money for?
a creating technology to deal with climate change issues
b developing technology to sustain our food supply
c trying and creating new startup companies
d advancing Canada’s research programs across the country
BLM: Remember
57 What is Canada doing to deal with our lack of skilled workers?
a creating a program to attract skilled immigrants
b investing money in colleges
c giving companies tax breaks for more training
d giving scholarships for the skilled trade programs
BLM: Remember
Trang 1358 What does The Code of Conduct for Procurement try to ensure for both public servants and vendors?
a more transparency
b more taxes
c more bidders
d more competition
BLM: Higher order
59 The Government of Canada’s primary training provider for Foreign Service is which of the following?
a Canadian Foreign Service Institute
b Canadian Armed Forces
c United Nations
d Canadian School for Foreign Service
BLM: Remember
60 This position is responsible for a provincial department’s day-to-day operations?
a Minister
b Deputy Minister
c Assistant Minister
d Head Minister
BLM: Remember
TRUE/FALSE
1 Businesses are primarily focused on creating profits by offering products and services desired
by the consumer
BLM: Remember
2 Businesses focus on consumer needs by providing goods and services
BLM: Remember
3 A car wash is an example of a pure service
BLM: Remember