PEREGRINE EXAM, PEREGRINE EXIT EXAM AND
PEREGRINE PRACTICE EXAM LATEST 2023-2024
ACTUAL EXAM COMPILATION 350 QUESTIONS AND
CORRECT DETAILED ANSWERS WITH RATIONALES
(VERIFIED ANSWERS) |ALREADY GRADED A
PEREGRINE EXAM
Outdoor World has everything any hunter or fisherman could want, all
under one roof including a display of hunting trophies and a swimming
pool full of bass to test fishing gear. What kind of retailer is Outdoor
World?
1. Socially conscious retailing
2. NRA retailing
3. Gender targeted retailing
4. Micro target retailing
5. Destination retailing - ANSWER- 5. Destination retailing
Jack has the power to give a bonus the employees to achieve a certain
level of performance. This is an example of:
1. Legitimate power
2. Reward power
3. Expert power
4. Referent power - ANSWER- 2. Reward Power
The rate of unemployment is calculated as the number of: - ANSWERunemployed divided by the number of people in the civilian labor force.
On a hot summer day, a construction worker enters a McDonald's fastfood restaurant. He orders the first Big Mac. He consumes it within 3
minutes. He then orders a second Big Mac and consumes it in 10
minutes. He eats only half of the third one in 18 minutes and throws
away the rest. The store manager offers him the fourth for free. The
construction worker says: "No thanks." Why? - ANSWER- Marginal
utility declined as he consumed additional Big Macs.
George, a project manager at a publishing firm, is experiencing many
stress-related symptoms. What is the best advice an HR manager could
give George?
1. Handle work issues immediately.
2. Recognize your own limitations.
3. Keep your problems to yourself.
4. Focus on making work a priority. - ANSWER- 2. Recognize your
own limitations
Which of the following is a category or element of the balance sheet?
1. Liabilities
2. Losses
3. Expenses
4. Gains - ANSWER- 1. Liabilities
In the context of the data component of an information system, internal
data sources include _____. - ANSWER- Personnel Records
According to the hot stove rule, disciplinary action should most likely
occur immediately, so that the individual _____. - ANSWERUnderstand the reason for it
In the context of applications of artificial intelligence (AI), _____
perform well at simple, repetitive tasks and can be used to free workers
from tedious or hazardous jobs.
1. data mining agents
2. firewalls
3. robots
4. electronic trackers - ANSWER- Robots
A company has two bonds that are identical except one matures in 5
years and one matures in 10 years. If interest rates fall, what will happen
to the price of the bonds? - ANSWER- Both will increase and the 10-
year will increase more.
Any business activity, which resorts to deceitful practices or devices
with the intent to deprive another of property or other rights, or to cause
economic injury. - ANSWER- External Fraud
Which of these actions would likely result in a lower current ratio?
1. Holding more stocks to offer better customer service.
2. Increasing cash by selling excess fixed assets.
3. Extending the time to pay suppliers
4. Allowing major customers more time to pay bills. - ANSWER- 3.
Extending the time to pay suppliers
Dave is developing a social media platform to help Saint Leo students
plan events and track attendance. Part of his persona profile includes
age, gender and class year. What part of segmentation best describes
these factors? - ANSWER- Demographic
Ellen, as a manager, has always been driven by scheduling, directing
group activities, planning, and trying out new ideas. For her, meeting
deadlines is critical and she always gives explicit standards of
performance. Ellen can be described as high on which of these?
1. Participating
2. Consideration
3. Transformation
4. Delegating - ANSWER- 4. Delegating
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