This quiz works best with JavaScript enabled. Home > Economy > Business > Business Management – Quiz 50 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 50 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Helping a new employee learn ways to manage time effectively is an example of which business management function? A) Controlling. B) Leading. C) Organizing. D) Planning. Show Answer Correct Answer: B) Leading. 2. EMS stands for? A) Environmental Marketing Strategy. B) Environmental Marketing System. C) Environmental Management Strategy. D) Environmental Management System. Show Answer Correct Answer: D) Environmental Management System. 3. Which of the following do many businesses believe to be their most important resource? A) Office supplies. B) Equipment. C) Employees. D) Sales revenue. Show Answer Correct Answer: C) Employees. 4. Which business strategy am I? Selects a defined segment of an industry and targets its strategy to serve them to the exclusion of others, AKA niche strategy. A) Focus. B) Differentiation. C) Analyzer. D) Prospector. Show Answer Correct Answer: A) Focus. 5. The easiest way to learn your company's brand promise is to A) Ask your manager or supervisor. B) Look on the website. C) Talk to your coworkers. D) Make an educated guess. Show Answer Correct Answer: A) Ask your manager or supervisor. 6. Goals specify future needs, plans specify A) Today's means. B) Tomorrows means. C) Tomorrow goal. D) Next week's goals. Show Answer Correct Answer: A) Today's means. 7. Which of the following is an element of any project: A) Technology. B) Outcome. C) Natural resources. D) Board of directors. Show Answer Correct Answer: B) Outcome. 8. A manager who provides leadership within the company or interacts with others outside the organization is said to be working within his or her A) Information-related role. B) Decision-making role. C) Interpersonal role. D) Required role. Show Answer Correct Answer: C) Interpersonal role. 9. Abilities that help managers understand how different parts of a business relate to one another or to the business as a whole is ..... A) Technical Skills. B) Conceptual Skills. C) Human Relationship Skills. D) Principles. Show Answer Correct Answer: B) Conceptual Skills. 10. A popular approach to strategy development which involves analyzing strengths, weaknesses, opportunities, and threats. A) Hawthorne Effect. B) SWOT method. C) Unobtrusive Measures. D) Transactional Leadership. Show Answer Correct Answer: B) SWOT method. 11. This leadership style is one that can be beneficial with experienced employees who can complete work on their own. A) Authoritarian. B) Democratic. C) Delegating. D) None of the above. Show Answer Correct Answer: C) Delegating. 12. Managers usually find greater employee respect and support for work rules when A) The rules are applied only to serious problems,. B) Each individual is treated differently,. C) Employees help to develop the rules. D) The work rules are part of a union contract. Show Answer Correct Answer: C) Employees help to develop the rules. 13. Explains a company's reason for existence. A) Mission Statement. B) Vision Statement. C) Purpose Statement. D) Value Statement. Show Answer Correct Answer: A) Mission Statement. 14. Which of the following types of termination are voluntary? A) Retirement and Resignation. B) Dismissal and Retirement. C) Resignation and Dismissal. D) Dismissal and Retrenchment. Show Answer Correct Answer: A) Retirement and Resignation. 15. The management theory that is directed at organizational improvement through understanding employee motivation and behavior is: A) Quality management. B) Behavioral management. C) Administrative management. D) Classical management. Show Answer Correct Answer: B) Behavioral management. 16. The UN Global Compact has how many principles? A) 5. B) 8. C) 10. D) 15. Show Answer Correct Answer: C) 10. 17. Managers have access to specialists for advice and assistance in A) Line organization. B) Line-and-staff organization. C) A project or matrix organization. D) None of the responses. Show Answer Correct Answer: B) Line-and-staff organization. 18. Leaders have ambition and persistence in reaching goals. They are self-starters who plan what they want to do and then do it. This leadership trait is called A) Initiative. B) Courage. C) Judgment. D) Objectivity. Show Answer Correct Answer: A) Initiative. 19. Studies the way work is organized and the procedures used to complete a job in order to increase worker productivity A) Classical managment. B) Administrative management. C) Behavioral management. D) Quality managment. Show Answer Correct Answer: A) Classical managment. 20. Brianna works for a marketing agency, and she is skilled at graphic design. She spends all of her time creating graphics, rather than working on any other aspects of the marketing campaign. Brianna is A) Allocating resources. B) Coordinating activities. C) An authoritative figure. D) A specialized worker. Show Answer Correct Answer: D) A specialized worker. ← 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