This quiz works best with JavaScript enabled. Home > Economy > Business > Business Management – Quiz 37 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 37 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Capital brought into the business in exchange for a percent of ownership in the business A) Equity financing. B) Venture capital. C) Angel investment. D) Collateral. Show Answer Correct Answer: A) Equity financing. 2. James is creating a list of monthly job duties for the managers in his section. This is an example of which management function? A) Planning. B) Organizing. C) Leading. D) Controlling. Show Answer Correct Answer: B) Organizing. 3. Which of the following is not a disadvantage of participative management style? A) Lack of contribution by all employees. B) Conflicts may arise. C) Open communication. D) Time consuming to seek involvement. Show Answer Correct Answer: C) Open communication. 4. What should help business people adapt their communication styles to appeal to clients from other cultures? A) Being respectful, indifferent, and honest. B) Being confident, biased, and manipulative. C) Being sensitive, transparent, and demanding. D) Being patient, flexible, and empathetic. Show Answer Correct Answer: D) Being patient, flexible, and empathetic. 5. Which of the following is a participative approach to implementation of change, communication, empowerment, group work and support A) Low-risk strategy. B) High-risk strategy. C) KPI. D) Team work. Show Answer Correct Answer: A) Low-risk strategy. 6. Which department of a business usually completes recruitment? A) Human Resources. B) Accounting. C) Supervision. D) Management. Show Answer Correct Answer: A) Human Resources. 7. An employee who is assigned to work in foreign country. A) Local National. B) Global National. C) Virtual Expatriate. D) Expatriate. Show Answer Correct Answer: D) Expatriate. 8. Process of influencing others to work toward the attainment of common goals A) Leading. B) Planning. C) Controlling. D) Organizing. Show Answer Correct Answer: A) Leading. 9. To earn repeat business, you must win both the ..... and the ..... of the customer. A) Mind, heart. B) Heart, pocket. C) Mind, influence. D) Pocket, influence. Show Answer Correct Answer: A) Mind, heart. 10. To control various business activities in an effective manner, managers must first A) Initiate corrective action. B) Identify communication channels. C) Set appropriate standards. D) Request employee feedback. Show Answer Correct Answer: C) Set appropriate standards. 11. ..... requires employer to provide insurance for the death, injury, or illness of employees that results from their work. A) The Affordable Care Act. B) Worker's Compensation. C) Equal Pay Act. D) Americans Disabilities Act. Show Answer Correct Answer: A) The Affordable Care Act. 12. Melanie is showing a group of new employees how to perform work-related task. What staffing activity is Melaine performing? A) Training. B) Recuriting. C) Interviewing. D) Appraising. Show Answer Correct Answer: A) Training. 13. A financial plan for replacing fixed assets or acquiring new ones is known as a(n) ..... A) Start up budget. B) Capital budget. C) Operating budget. D) Cash budget. Show Answer Correct Answer: B) Capital budget. 14. IT is: A) A person in the basement who fixes the computer. B) Intellectual technology. C) Any computer-based tool that people use to work with information and support the information and information-processing needs of an organization. D) A scary clown. Show Answer Correct Answer: C) Any computer-based tool that people use to work with information and support the information and information-processing needs of an organization. 15. Motivation can best be thought of as A) Developing a team spirit. B) Communication between employees. C) The example managers set for employees. D) The reason you do the things you do. Show Answer Correct Answer: D) The reason you do the things you do. 16. The perception that the public holds about a company. A) Workplace Climate. B) Workplace Environment. C) Company Image. D) Company Spotlight. Show Answer Correct Answer: C) Company Image. 17. Why should businesses undertake regular risk assessments of their business operations? A) To minimise hazards and issues that might create future business loss. B) Because they are told to. C) To give staff something to do. D) To understand how to fix issues that arise. Show Answer Correct Answer: A) To minimise hazards and issues that might create future business loss. 18. This person would work outside, often wearing a hard hat. He/She would manage building projects. A) Health management. B) Farm Operations. C) Construction. D) Public Relations. Show Answer Correct Answer: C) Construction. 19. Managing the office administrative support services to help the office run more smoothly is an example of a job duty for which business management career? A) Public relations manager. B) Education adminstrator. C) Administrative services manager. D) Human resource manager. Show Answer Correct Answer: C) Administrative services manager. 20. The task word "Evaluate" means ..... A) Pros and cons. B) Provide reasons to support your answer. C) Pros and cons and a judgement. D) Explain using examples. Show Answer Correct Answer: C) Pros and cons and a judgement. ← 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