This quiz works best with JavaScript enabled. Home > Economy > Business > Business Management – Quiz 39 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 39 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What are small businesses sometime referred as? A) Mom and pop businesses. B) Unsuccessful businesses. C) Short-term businesses. D) None of above. Show Answer Correct Answer: A) Mom and pop businesses. 2. Which of the following is not a business resource? A) Man-made. B) Capital. C) Natural. D) Human. Show Answer Correct Answer: A) Man-made. 3. A parent company of a franchise is known as: A) Franchisee. B) Franchisor. C) Big Daddy. D) All of the Above. Show Answer Correct Answer: B) Franchisor. 4. Which of the following is not a type of business? (best answer) A) Sole Tader. B) Small Business. C) Social Enterprise. D) Public Listed Company. Show Answer Correct Answer: B) Small Business. 5. Because production occurs continuously throughout the year, Frito Lay company can best be described as using A) A successful operating system. B) A labor intensive operating system. C) A continuous flow operating system. D) An intermittent flow operating system. Show Answer Correct Answer: C) A continuous flow operating system. 6. When people encounter difficulties in being promoted to management above a certain level, they have encountered a ..... A) A glass ceiling. B) Promotion ceiling. C) Sticky floor. D) Legal barrier. Show Answer Correct Answer: A) A glass ceiling. 7. Private investors who fund start-up businesses A) Equity financing. B) Venture capitalists. C) Debt financers. D) Angel investors. Show Answer Correct Answer: D) Angel investors. 8. An operating budget includes projected A) Sales. B) Costs. C) Profits. D) All of these. Show Answer Correct Answer: D) All of these. 9. Two way communication ..... A) Encourages discussion and feedback. B) A hierarchical approach to management. C) Is closed to two people in management. D) Problem solving between indivuduals. Show Answer Correct Answer: A) Encourages discussion and feedback. 10. Which of the following examples best illustrates the creative aspect of directing: A) A manager instructs employees to develop a new website. B) A supervisor tries to determine why his employees aren't getting along. C) A CEO directs a manager, who directs lower level employees. D) A supervisor spends time getting to know each employee individually. Show Answer Correct Answer: A) A manager instructs employees to develop a new website. 11. By making changes in policies or resolving conflicts in the workplace, a manager is working within his or her ..... A) Information-related role. B) Decision-making role. C) Interpersonal role. D) Required role. Show Answer Correct Answer: B) Decision-making role. 12. A set of rules that identifies the values that members of the organization, and especially its leaders, consider to be important. A) Corporate Governance. B) Cultural Values. C) Human Resource Value. D) Code of Ethics. Show Answer Correct Answer: D) Code of Ethics. 13. Whose theory was scientific management? A) Taylor. B) Maslow. C) Adams. D) Pink. Show Answer Correct Answer: A) Taylor. 14. Which of the following questions is NOT something to be concerned about when hiring an employee? A) Is this a part-time or full-time position?. B) How will you handle overtime, holidays, sick time, and vacations?. C) How often will you pay an employee?. D) How often will you provide a free lunch?. Show Answer Correct Answer: D) How often will you provide a free lunch?. 15. Which of the following is not a BM Theory of Motivation? (AOS2) A) Attachment Theory (Harlow). B) Hierarchy of Needs (Maslow). C) Goal Setting Theory (Locke & Latham). D) Four Drive Theory (Lawrence & Nohria). Show Answer Correct Answer: A) Attachment Theory (Harlow). 16. What type of business insurance protects you from damage to your equipment. A) Liability insurance. B) Property insurance. C) Health Insurance. D) Professional insurance. Show Answer Correct Answer: B) Property insurance. 17. Which of the following documents is drafted in the planning stage of project management: A) Project charter. B) Statement of work. C) Lessons-learned document. D) Work breakdown structure. Show Answer Correct Answer: D) Work breakdown structure. 18. Successful entrepreneurs tend to have all the following characteristics EXCEPT A) Energetic. B) Goal-oriented. C) Creative. D) Hesitant. Show Answer Correct Answer: D) Hesitant. 19. Which of the following would be appropriate to include at the very beginning of a research report: A) The research findings. B) The scientific conclusion. C) The research question. D) The paper's appendix. Show Answer Correct Answer: C) The research question. 20. James is creating a list of monthly job duties for the managers in his section. Which function of management does this fall under? A) Planning. B) Leading. C) Organizing. D) Controlling. Show Answer Correct Answer: C) Organizing. ← 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