This quiz works best with JavaScript enabled. Home > Economy > Business > Business Management – Quiz 48 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 48 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Licensing is important for many occupations including the following: A) Administration. B) Banking. C) Dog walking. D) Teaching. Show Answer Correct Answer: D) Teaching. 2. The direct benefit that a business receives when its salespeople can answer customers' inquiries is that: A) Well-informed salespeople develop confidence in themselves. B) Customers like knowledgeable salespeople. C) Customers get the information they want. D) Knowledgeable salespeople are more likely to make sales. Show Answer Correct Answer: D) Knowledgeable salespeople are more likely to make sales. 3. This refers to an organisation that has many rules and procedures and set way of doing things. A) De-layering. B) Centralisation. C) Delegation. D) Bureaucracy. Show Answer Correct Answer: D) Bureaucracy. 4. What is a benefit to using teams to make decisions? A) One person DOMINATING!!!!. B) Going with the first idea. C) Social pressures to conform to ideas. D) Easier to understand or accept the decisions. Show Answer Correct Answer: D) Easier to understand or accept the decisions. 5. Which of the following is NOT a function of management? A) Organize. B) Finance. C) Control. D) Plan. Show Answer Correct Answer: B) Finance. 6. Our economy has shifted from a service economy to a(n) ..... economy. A) Experience. B) Entertainment. C) Manufacturing. D) Agricultural. Show Answer Correct Answer: A) Experience. 7. The employment process is carried out by which department? A) Marketing. B) Distribution. C) Management. D) Human Resources. Show Answer Correct Answer: D) Human Resources. 8. The first task in the HR management activity of staffing is A) Determine job descriptions. B) Screening and selecting applicants. C) Determining need. D) Recruiting. Show Answer Correct Answer: C) Determining need. 9. When you see Ford vehicles in the latest James Bond movie or Tom Hanks putting on a pair on Nikes on-screen, that is an example of A) Free samples. B) Product Placement. C) Social Media Contest. D) Point-of-Purchase Promotion. Show Answer Correct Answer: B) Product Placement. 10. What is internal recruitment? A) Recruiting using interviews only. B) Recruiting from outwith the organisation. C) Recruiting using online applications only. D) Recruiting from within the organisation. Show Answer Correct Answer: D) Recruiting from within the organisation. 11. Most management principles are developed first through observation and then drawing conclusions or ..... about research findings. A) Hierarchy. B) Deductions. C) Change. D) Sensitivity. Show Answer Correct Answer: B) Deductions. 12. Which of the following terms describes the ability to achieve a desired result without wasted energy or effort? A) Effectiveness. B) Capability. C) Sustainability. D) Efficiency. Show Answer Correct Answer: D) Efficiency. 13. There are four parts to the HR plan, which follow an individual's career path as the employee progresses in the business. Which of the following is NOT a part of the HR (workforce) plan: A) Appraisal. B) Paid time-off. C) Recruitment. D) Redundancy (lay-off). Show Answer Correct Answer: B) Paid time-off. 14. Directing is pervasive, which means that it A) Never stops. B) Happens at every level of the organization. C) Involves interpersonal communication. D) Flows from the top down. Show Answer Correct Answer: B) Happens at every level of the organization. 15. Expensive assets of a business that are expected to last and be used for a long time are known as ..... A) Fixed assets. B) Depreciated assets. C) Obsolete assets. D) Stable assets. Show Answer Correct Answer: A) Fixed assets. 16. Which of the following is NOT a reason businesses need to maintain financial records? A) To determine the kinds and values of assests. B) To track the financial progtess of the business. C) To prepare financial forms and reports required by the government. D) To provide financial information to competitors. Show Answer Correct Answer: D) To provide financial information to competitors. 17. To be considered a manager, you must A) Regularly complete all 5 management functions. B) Have authority over other jobs. C) Have authority over other people. D) All of the above. Show Answer Correct Answer: D) All of the above. 18. Reviewing 10 employee applications for cashier vacancy A) Planning. B) Organizing. C) Leading. D) Controlling. Show Answer Correct Answer: B) Organizing. 19. Pioneer of Human Relation is A) Mary Parkett. B) Lillian Gilberth. C) Henry Fayol. D) Elton Mayo. Show Answer Correct Answer: D) Elton Mayo. 20. Corporate culture is? A) An internal factor. B) An external factor. C) A factor that a business has no control over. D) A factor that influences the longevity of business life. Show Answer Correct Answer: A) An internal factor. ← 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