This quiz works best with JavaScript enabled. Home > Economy > Business > Business Management – Quiz 41 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 41 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. This intellectual property protects ownership of all forms of artistic media such as literary works, music, films A) Patent. B) Trademark. C) Trade dress. D) Copyright. Show Answer Correct Answer: D) Copyright. 2. Which of the following types of control provides feedback after activity is completed in order to prevent further deviations? A) Preventative control. B) Concurrent control. C) Feedback control. D) Corrective control. Show Answer Correct Answer: D) Corrective control. 3. Which of the following is not an area of management responsibility? A) Finance. B) Fundraising. C) Operations. D) Sales and marketing. Show Answer Correct Answer: B) Fundraising. 4. How does promotion benefit customers? A) Causes them to postpone buying decisions. B) Enables them to identify their buying decisions. C) Helps them to select appropriate products. D) Requires them to spend more on products. Show Answer Correct Answer: C) Helps them to select appropriate products. 5. Overseeing/managing an aspect of an operations system is ..... A) Marketing technique. B) Operations management. C) Manufacturing services. D) Productivity. Show Answer Correct Answer: B) Operations management. 6. Eduardo would like to find a job in the Marketing pathway of the Business, Management, and Administration career cluster. He attended his local community college and earned his associate's degree. Which career choice is available to Eduardo given his highest level of education? A) Advertising Manager. B) Sales Representative. C) Sales Manager. D) Marketing Manager. Show Answer Correct Answer: B) Sales Representative. 7. What is the best advice to keep in mind as you grow your business? A) Hire extra help so you can make more money. B) Grow as quickly as you can. C) Grow at the speed of cash. D) Use debt to help you grow faster. Show Answer Correct Answer: C) Grow at the speed of cash. 8. The balance achieved in an employment exchange where the rewards offered by an organization are roughly equivalent to the contributions that an employee is required to make. A) Employment Exchange. B) Internal Integration. C) Inducements-Contributions Balance. D) Competitive Advantage. Show Answer Correct Answer: C) Inducements-Contributions Balance. 9. Including the domain name for a company's website on a managers' business cards is an example of A) Telecommunications. B) Social networking. C) Web hosting. D) Site promotion. Show Answer Correct Answer: D) Site promotion. 10. What is a common method of recruitment to link employee referrals? A) Networking. B) Advertising. C) Recruiting. D) None of above. Show Answer Correct Answer: A) Networking. 11. A graphic designed to provide a quick view of key financial performance indicators is called a(n) A) Bar chart. B) Balance sheet. C) Economic infographic. D) Financial dashboard. Show Answer Correct Answer: D) Financial dashboard. 12. Which is an activity associated with the organizing function of management? A) Developing a mission statement. B) Determining the division of labor. C) Inspecting the quality of outputs. D) Providing employees with feedback. Show Answer Correct Answer: B) Determining the division of labor. 13. Another name for investment bank is ..... A) Underwriter. B) Commercial Bank. C) Factor. D) Venture Capitalist. Show Answer Correct Answer: A) Underwriter. 14. The three common constraints on a project are scope, budget, and ..... A) Time. B) Technology. C) Laws. D) Ability. Show Answer Correct Answer: A) Time. 15. Mark is unhappy with the way his new shirt wrinkles, and he shows it to the salesperson.Mark's complaint is an example of a A) True complaint. B) False accusation. C) Difficult customer. D) Hidden complaint. Show Answer Correct Answer: A) True complaint. 16. What is the cooperative action and effort of a group of people acting together? A) Teamwork. B) Groupwork. C) Cooperation. D) None of above. Show Answer Correct Answer: A) Teamwork. 17. Research and analyse business environments is what step in a typical policy development process A) 1. B) 2. C) 3. D) 4. Show Answer Correct Answer: B) 2. 18. There are two categories of outputs. What are they? A) Goods and values. B) Goods and services. C) Services and services. D) Goods and things. Show Answer Correct Answer: B) Goods and services. 19. A disadvantage of the line and staff authority structure is that it can lead to ..... A) Line-staff conflict. B) Overstaffing. C) Staff turnover. D) Understaffing. Show Answer Correct Answer: B) Overstaffing. 20. Which of the following is NOT a career in the finance industry? A) Credit Analyst. B) Marketing professional. C) Insurance Agent. D) Loan Officer. Show Answer Correct Answer: B) Marketing professional. ← 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