This quiz works best with JavaScript enabled. Home > Economy > Business > Business Management – Quiz 28 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 28 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Brynn manages employees who are new on the job and need quite a bit of supervision. Therefore, she can only supervise a few employees at once. Brynn's span of control is A) Open. B) Wide. C) Narrow. D) Tight. Show Answer Correct Answer: C) Narrow. 2. On an organizational chart a direct line of authority is indicated by a ..... line. A) Diagonal. B) Dotted. C) Solid. D) Straight. Show Answer Correct Answer: C) Solid. 3. Piece Rate System is contributed by A) Taylor. B) Louis Allan. C) Harold Koontz. D) Hendry Fayol. Show Answer Correct Answer: A) Taylor. 4. The consistency or repeatability of measurement. A) Efficiency. B) Validity. C) Effectiveness. D) Reliability. Show Answer Correct Answer: D) Reliability. 5. How many employees are in a small business? A) Usually less than 100 employees. B) Usually more than 100 employees. C) Usually less than 50 employees. D) None of above. Show Answer Correct Answer: A) Usually less than 100 employees. 6. A manager's team consistently hits sales targets and exceeds profit goals. The manager knows that s/he is a good director by examining A) Time standards. B) Quality standards. C) Employee turnover. D) Quantity standards. Show Answer Correct Answer: D) Quantity standards. 7. Rules and regulations for keeping a project on track are known as A) Governance mechanisms. B) Project laws. C) Risk inhibitors. D) Execution standards. Show Answer Correct Answer: A) Governance mechanisms. 8. The activities of selecting and describing one or more target markets and developing and maintaining a marketing mix that will produce mutually satisfying exchanges with target markets A) Advertising. B) Marketing strategy. C) Human resources. D) Pricing strategy. Show Answer Correct Answer: B) Marketing strategy. 9. When a business is ..... (i.e. buying in large quantities of raw materials and turning them into smaller end products such as wood to paper and/or pencils, it makes more sense to locate near the source of the raw materials. A) Cannabalistic marketing. B) Lean production. C) Bulk decreasing. D) Deregulating. Show Answer Correct Answer: C) Bulk decreasing. 10. Informal structure often works well for ..... A) International businesses. B) Large corporations. C) Service businesses. D) Small businesses. Show Answer Correct Answer: D) Small businesses. 11. How are KPIs used to evaluate the effectiveness of a business transformation? A) To judge where changes need to be made. B) To figure out if employees are happy with the changes. C) To measure whether the change has achieved the objective. D) To see if there has been any transformation. Show Answer Correct Answer: C) To measure whether the change has achieved the objective. 12. Objectives that relate to the role of a business in the community are called? A) Social objectives. B) Corporate social responsibility. C) Employee objectives. D) Shareholder objectives. Show Answer Correct Answer: A) Social objectives. 13. A human resources manager would most likely prefer an employee turnover rate of A) Less than 10%. B) Around 25%. C) 100%. D) None of above. Show Answer Correct Answer: A) Less than 10%. 14. Maria is meeting with two of her employees who have had a disagreement to help them come to an agreeable solution. A) Leading. B) Controlling. C) Planning. D) Organizing. Show Answer Correct Answer: A) Leading. 15. What is the expectancy theory? A) The ability to punish. B) The ability to influence people. C) Assuming there is one way to lead. D) The belief that if you work hard, you will be rewarded. Show Answer Correct Answer: D) The belief that if you work hard, you will be rewarded. 16. This will keep electronic copies of all your important paperwork A) Accounting system. B) Point of sale system. C) Document management system. D) Human resources. Show Answer Correct Answer: C) Document management system. 17. Which of the following statements is true about project management? A) It is a continuous series of events with an unlimited life span. B) Its primary use is for completing complex activities. C) It requires a signed contract from stakeholders. D) It involves the coordination of multiple activities. Show Answer Correct Answer: D) It involves the coordination of multiple activities. 18. Which of the following is not a motivation strategy? A) Performance-related pay. B) Career advancement. C) Investment on training. D) Support and Sanction. E) Business relationships. Show Answer Correct Answer: E) Business relationships. 19. A system established to ensure that the predetermined quality standards are achieved is..? A) Productivity. B) Quality assurance. C) Product recall. D) Quality certification. Show Answer Correct Answer: B) Quality assurance. 20. How should effective management planning be? A) Realistic and flexible. B) Strict and controlling. C) Static and inflexible. D) None of above. Show Answer Correct Answer: A) Realistic and flexible. ← 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