This quiz works best with JavaScript enabled. Home > Economy > Business > Business Management – Quiz 3 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 3 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. All authority can be traced in a direct line from the top to the bottom in A) A line organization. B) A matrix organization. C) A team organization. D) All of the responses. Show Answer Correct Answer: A) A line organization. 2. A basic truth or law: ..... A) Policy. B) Principle. C) Skill. D) None of the above. Show Answer Correct Answer: B) Principle. 3. Issues around globalisation center on ..... A) Legal structure, taxation & staffing. B) Legal structure, employees & staffing. C) Business structure, taxation & staffing. D) Legal structure, global market & opportunities. Show Answer Correct Answer: A) Legal structure, taxation & staffing. 4. Two significant advantages to using CAD are: A) It allows companies to try various product designs and reduces the time it takes to design new products. B) It allow companies to try various product designs. C) It allows companies to keep the original product design. D) CAD doesn't really give companies a significant advantage. Show Answer Correct Answer: A) It allows companies to try various product designs and reduces the time it takes to design new products. 5. Entrepreneurship is A) Willingly working a lot of hours. B) Willingly risking resources to start and run a business in pursuit of profit. C) Is getting permission to run your own business. D) Making dangerous decisions. Show Answer Correct Answer: B) Willingly risking resources to start and run a business in pursuit of profit. 6. Which of the following is generally used by companies with fewer than 50 employees? A) Off shoring. B) Downsizing. C) Outsourcing and employee leasing. D) Leadership development. Show Answer Correct Answer: C) Outsourcing and employee leasing. 7. Claims against assets. A) Liabilities. B) Working capital. C) Depreciation. D) Financial records. Show Answer Correct Answer: A) Liabilities. 8. ..... occurs when a business cuts back on operations to focus on its core activities. This way does not need to employ as many workers. A) Downshifting. B) Job Share. C) Outsourcing. D) Teleworking. Show Answer Correct Answer: C) Outsourcing. 9. Edgar Schein described three levels of organisational culture: A) Task culture, role culture, person culture. B) Organisational attributes, professed culture, organisational assumptions. C) Power culture, task culture organizational attributes. D) Organisational attributes, person culture, professed culture. Show Answer Correct Answer: B) Organisational attributes, professed culture, organisational assumptions. 10. A business improves its technology so it can better meet customer wants and needs. This results from a business activity known as A) Employee training. B) Organizational structuring. C) Amplified improvement. D) Business process management. Show Answer Correct Answer: D) Business process management. 11. A type of power often invested in experienced or well-liked employees is A) Position power. B) Reward power. C) Expert power. D) Identity power. Show Answer Correct Answer: D) Identity power. 12. Which is NOT a strategy to develop new business opportunities domestically? A) Franchising. B) Online shopping. C) Branching into a new field of business. D) Extending opening hours. Show Answer Correct Answer: D) Extending opening hours. 13. An example of this sampling method is:Being in a room and interviewing first 20 people you see. What type of sampling is that? A) Convenience. B) Cluster. C) Random. D) Stratified. Show Answer Correct Answer: A) Convenience. 14. A partnership combines the expertise and resources of? A) 1-10. B) 2-10. C) 2-20. D) 2-30. Show Answer Correct Answer: B) 2-10. 15. A career in ..... involves helping an organization manage its people. This includes hiring, training, compensation, administering benefits and handling personal information. A) Human resources. B) Administrative support. C) Operations management. D) Business information management. Show Answer Correct Answer: A) Human resources. 16. The ability to influence individuals and groups to achieve organizational goals is A) Management. B) Effective human relations. C) An autocratic style. D) Leadership. Show Answer Correct Answer: D) Leadership. 17. The Contingency-Approach consists of A) Behavioural Approach primarily with elements of the Classical approach. B) An approach where employees can work at home. C) Switching between Classical and Behavioural Approaches depending on the size of a business. D) Using elements of Behavioural and Classical approaches depending on certain situations. Show Answer Correct Answer: D) Using elements of Behavioural and Classical approaches depending on certain situations. 18. Jerry's Chicken Shack's secret sauce has made the business very popular along the east coast. Other restaurants want the recipe so that they can steal some of Jerry's business. Jerry's secret sauce needs to be protected as a A) Trademark. B) Patent. C) Copyright. D) Trade secret. Show Answer Correct Answer: D) Trade secret. 19. ..... determined the "one best way" of performing a task or series of task. A) Abraham H. Maslow. B) Fredrick W. Taylor. C) Abraham Lincoln. D) Fredrick Douglass. Show Answer Correct Answer: B) Fredrick W. Taylor. 20. Which of the can lead to a culture clash? A) Equal comfort levels with diversity. B) Different leadership styles. C) Same languages. D) Similar degrees of formality. Show Answer Correct Answer: B) Different leadership styles. ← PreviousNext →Related QuizzesEconomy QuizzesBusiness Management Quiz 1Business Management Quiz 2Business Management Quiz 4Business Management Quiz 5Business Management Quiz 6Business Management Quiz 7Business Management Quiz 8Business Management Quiz 9Business Management Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books