TOEFL TOEFL Exam
TOEFL Test Of English as a Foreign Language(Educational Testing Service) (Page 81 )

Updated On: 30-Jan-2026

Managerial decisions are not made in a ________: economic and market conditions constantly change and managers must decide in accordance with the dynamics of the business environment.

  1. committee
  2. hermitage
  3. rush
  4. vacuum

Answer(s): D



As complex as managerial problems may appear, often their various elements can be fitted into microeconomic models; that is why managerial economics is also called "________".

  1. applied microeconomics
  2. objective microeconomics
  3. theoretical microeconomics
  4. virtual microeconomics

Answer(s): A



The manager's internal environment is made up of those factors over which he has at least some ________ of control.

  1. angle
  2. degree
  3. measurement
  4. power

Answer(s): B



Macroeconomics is ________ to managers, as managers are often interested in knowing the state of the economy and the direction of macroeconomic measures such as interest rates and inflation.

  1. related
  2. relegated
  3. relevant
  4. requisite

Answer(s): C



The first step most managers ________ to grow their business is to increase the number of customers.

  1. climb
  2. do
  3. take
  4. plant

Answer(s): C



Viewing page 81 of 441
Viewing questions 401 - 405 out of 2200 questions



Post your Comments and Discuss TOEFL TOEFL exam prep with other Community members:

Join the TOEFL Discussion