This quiz works best with JavaScript enabled. Home > Economy > Business > Business Management – Quiz 19 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 19 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Rita works for an accounting firm. She works in the firm's office, usually between 10 and 20 hours each week, but hours and times vary week to week. Rita's job can be described as which of the following? A) Part-time, blue collar. B) Part-time, white-collar job. C) Full-time, blue-collar job. D) Full-time, white-collar job. Show Answer Correct Answer: B) Part-time, white-collar job. 2. Which of the following is a business potential benefit of implementing continuous quality improvement processes: A) Increased revenue. B) Lower productivity. C) Decreased demand. D) Higher costs. Show Answer Correct Answer: A) Increased revenue. 3. What authorization does Guido's Pizza Shop need to obtain to operate legally within its city's limits? A) Real-estate license. B) Health-department permit. C) Transportation certificate. D) Search warrant. Show Answer Correct Answer: B) Health-department permit. 4. A common set of activities that makes up an important part of a manager's job A) Management principles. B) Work coach. C) Management role. D) Management subordinate. Show Answer Correct Answer: C) Management role. 5. A manufacturing company is well-suited for a divisional organizational structure broken down by A) Job function. B) Customer type. C) Product. D) Process. Show Answer Correct Answer: D) Process. 6. The type of financing needed for the main resources that will last for many years is called A) Start-up financing. B) Short-term financing. C) Long-term financing. D) Inventory financing. Show Answer Correct Answer: C) Long-term financing. 7. Which term describes a distinct group of customers with similar characteristics and similar needs or wants? A) Consumer. B) Market Segment. C) Target Market. D) Focus Group. Show Answer Correct Answer: B) Market Segment. 8. A study relating to the fixing of the working hours with rest periods to recoup the energy while performing in job is called A) Time study. B) Motion study. C) Fatigue study. D) Work study. Show Answer Correct Answer: C) Fatigue study. 9. Professionals in the Administration and Support cluster handle business information and personal records on a daily basis. Therefore the need for ..... within this pathway is paramount. A) Databases. B) Confidentiality. C) Inventory. D) Information. Show Answer Correct Answer: B) Confidentiality. 10. An experienced manager who meets regularly with a new manager to provide feedback and advice A) Supervisor. B) Subordinate. C) Work Coach. D) Work Advisor. Show Answer Correct Answer: C) Work Coach. 11. This level of management includes department heads and district sales managers. A) Supervisory. B) Middle. C) Senior. D) Staffing. Show Answer Correct Answer: B) Middle. 12. When it comes to brand promise, employees should A) Memorize the business's slogan. B) Go about their tasks as usual. C) Incorporate it into all of their daily activities. D) Verbalize it to every customer. Show Answer Correct Answer: C) Incorporate it into all of their daily activities. 13. Which of the following is a benefit of using the functional organizational structure: A) It encourages creativity. B) It's more flexible than other structures. C) It creates narrow perspectives for managers. D) It reduces the duplication of certain activities. Show Answer Correct Answer: D) It reduces the duplication of certain activities. 14. Examples of transferable skills A) Effective communication skills. B) Presentation skills. C) Time management skills. D) All of the above. Show Answer Correct Answer: D) All of the above. 15. Employees will be most successful when they move into a management position if A) They have worked for a poor supervisor so they know what not to do. B) They begin work as a supervisor before receiving training. C) They have the chance to try supervision before making a final decision. D) They have done all of these. Show Answer Correct Answer: C) They have the chance to try supervision before making a final decision. 16. A ..... degree is common to start an entry-level job in the field of Human Resources. A broad base of business knowledge and background in the social sciences are preferred. A) Bachelor's degree. B) Master's degree. C) Doctorate degree. D) Associate's degree. Show Answer Correct Answer: A) Bachelor's degree. 17. Lower premiums and the ability to control the claims process are advantages of A) Reinsurance carriers. B) Traditional liability insurance policies. C) Standard insurance companies. D) Captive insurance companies. Show Answer Correct Answer: D) Captive insurance companies. 18. Which concept measures how well a business uses its resources in the production process? A) Sustainability. B) Efficiency. C) Production planning. D) Conservation. Show Answer Correct Answer: B) Efficiency. 19. Businesses need to seek ..... opportunities to expand A) Any. B) Old. C) New. D) Lots of. Show Answer Correct Answer: C) New. 20. ..... is a strategy to ensure that employees are selected, used and developed in the most effective way A) Labour Turnover. B) On-the-job training. C) Shortlisting. D) Human Resource Planning. Show Answer Correct Answer: D) Human Resource Planning. ← PreviousNext →Related QuizzesEconomy QuizzesBusiness Management Quiz 1Business Management Quiz 2Business Management Quiz 3Business Management Quiz 4Business Management Quiz 5Business Management Quiz 6Business Management Quiz 7Business Management Quiz 8Business Management Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books