Test Drive Quiz

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1.  The key to success in today's business world, real estate included, is:

 a) - to own your own building.
 b) - a willingness to grow through merger and/or acquisition.
 c) - a willingness to shed traditional methods of doing business and adopt new approaches.
 d) - to abandon all manual methods of bookkeeping in favor of computerized methods.


2.  How does today's consumer-driven business differ from the information business?

 a) - Consumers can now access a wealth of information themselves.
 b) - Buyers and sellers can research and evaluate the market on their own.
 c) - The real estate industry must now provide products and services that complement, rather than duplicate, those that consumers can access themselves.
 d) - All of the above.


3.  Based on its dramatic impact during only the past three years, which of the following new technologies will probably grow the fastest?

 a) - cellular phones
 b) - Internet
 c) - fax machines
 d) - pagers


4.  Which of the following examples demonstrates how technology has already affected the way today's real estate companies do business?

 a) - The market place is now essentially free of boundaries because of the scope of information we can access.
 b) - The way we communicate and manage information is more efficient.
 c) - People can work almost anywhere.
 d) - All of the above.