This quiz works best with JavaScript enabled. Home > Economy > Business > Business Management – Quiz 35 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 35 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is the method of corrective action called when an employer raises standards and have employees attend a session to learn how to improve performance? A) Conducting extensive employee training. B) Expecting employees to rise to the occasion. C) Setting lower performance standards. D) None of above. Show Answer Correct Answer: A) Conducting extensive employee training. 2. Which is not a way a business can be socially responsible? A) Drawing on the skills of employees. B) Avoiding conflicts of interest. C) Becoming involved in the community. D) Paying employees correctly. Show Answer Correct Answer: D) Paying employees correctly. 3. Caitlin is doing a walk-through to be sure that all the employees are on target to complete the company goals. Which function of management is this? A) Planning. B) Leading. C) Organizing. D) Controlling. Show Answer Correct Answer: D) Controlling. 4. Delegation is? A) Managers make all decisions. B) When the authority and responsibility to carry out specific activities is transferred from a manager to an employee. C) Hierarchical structure of decision-making. D) Giving free rein or a hands off style. Show Answer Correct Answer: B) When the authority and responsibility to carry out specific activities is transferred from a manager to an employee. 5. Which activity would be classified as leading A) Setting company preformance and quality measures. B) Keeping company employees on course to accomplish goals. C) Setting company objectioves and targets. D) Assigning managers tasks for the sales promotion. Show Answer Correct Answer: D) Assigning managers tasks for the sales promotion. 6. Which business strategy am I? Involves innovation, risk taking, seeking new opportunities and growth. A) Cost Leadership. B) Prospector. C) Defender. D) Differentiation. Show Answer Correct Answer: B) Prospector. 7. Categories of factors of production do not include A) Entrepreneurship. B) Capital. C) Innovations. D) Labour. Show Answer Correct Answer: C) Innovations. 8. A banking institution 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: B) Customer type. 9. Planning gives an organization a sense of A) Direction and focus. B) Finances and staff. C) Results. D) Where profits will come from. Show Answer Correct Answer: A) Direction and focus. 10. How many key knowledge points are covered in Chapter 7? A) 2. B) 3. C) 4. D) 5. Show Answer Correct Answer: B) 3. 11. When creating a presentation, what is this acceptable minimum font size? A) 22 point. B) 24 point. C) 26 point. D) 28 point. Show Answer Correct Answer: B) 24 point. 12. When a customer sees a news story on television about a certain company or brand, it's an example of a(n) A) Brand promise. B) Advertisement. C) Touch point. D) Slogan. Show Answer Correct Answer: C) Touch point. 13. A strategy of bringing outside people into the organization and making them feel obligated to contribute because of their organizational involvement. A) Cooperation. B) Cooperative Strategy. C) Cooptation. D) Contributory Strategy. Show Answer Correct Answer: C) Cooptation. 14. The completion of the transcontinental railroad in the United States after the Civil War helped to fulfill A) Reconstruction. B) Racial equality. C) Manifest Destiny. D) Conservation of natural resources. Show Answer Correct Answer: C) Manifest Destiny. 15. A written set of guidelines issued by an organization to its workers and management to help them conduct their actions in accordance with its primary values and ethical standards A) Corporate vision. B) Rules of conduct. C) Organizational goals. D) Managerial control. Show Answer Correct Answer: B) Rules of conduct. 16. The amount of teamwork included in an organizational design is often referred to as A) Division of labor. B) Delegation. C) Staff authority. D) Lateral relations. Show Answer Correct Answer: D) Lateral relations. 17. A plant manager, or a department head, would be an example of which level of management? A) Middle. B) Operating. C) Supervisory. D) Top. Show Answer Correct Answer: A) Middle. 18. Father of Administrative management ..... A) Mary Parkett. B) Lillian Gilbert. C) Henry Fayol. D) Elton Mayo. Show Answer Correct Answer: C) Henry Fayol. 19. Which is not a role of The Fair Work Commission? A) To represent the views of workers. B) Set Awards. C) Approve Collective Agreements. D) Determine unfair dismissal claims. Show Answer Correct Answer: A) To represent the views of workers. 20. Tyson has decided he wants to be trained and certified in cosmetology. Which type of institution of higher learning could provide him with this? A) Community college. B) University. C) College. D) Technical School. Show Answer Correct Answer: D) Technical School. ← 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