What to expect in the admissions test for MA programs
The following sample questions are for potential Executive Management Master’s students studying in English.
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A(n) ________ is a framework of how a business intends to generate revenue.
A) business model
B) strategic management tool
C) profitability analysis
D) competitive advantage
E) entrepreneurial mindset -
A company benefits from economies of scale when it ________.
A) does not use centralization of production and distribution
B) produces goods or services in multiple locations
C) adopts a highly differentiated marketing strategy
D) engages in the production of personalized products
E) manufactures and distributes products in higher quantities -
________ refers to a statement of the tasks involved in a given job and the conditions under which the holder of a job will work.
A) Job specification
B) Job description
C) Succession planning
D) Job analysis
E) Job enrichment -
________ refers to a statement describing the kind of person who would be best for a given job – including the skills, education, and previous experience that the job requires.
A) Job specification
B) Job enrichment
C) Succession planning
D) Job analysis
E) Job description -
Accounts receivable refers to ________.
A) the total of owner’s funds invested in a business
B) the total annual revenue of a company
C) amounts that a firm owes to other parties
D) the money owed to a firm by its customers
E) the total interest payments made by the firm -
Which of the following is a component of a firm’s working capital account?
A) long-term loans
B) debentures
C) inventory
D) mortgage bonds
E) convertible bonds