This quiz works best with JavaScript enabled. Home > Economy > Business > Business Management – Quiz 58 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 58 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Salespeople who are well informed about the brands, sizes, and styles of goods that the business offers can easily answer which of the following customer questions? A) What merchandise is carried by the business?. B) What is the business's return policy?. C) What type of credit does the business offer?. D) What hours is the business open?. Show Answer Correct Answer: A) What merchandise is carried by the business?. 2. Documents identifying the tasks to be done, employees assigned to the work, and the time frame for completion of each task A) Performance Reviews. B) Work Schedules. C) Feedback Sheets. D) Work units. Show Answer Correct Answer: B) Work Schedules. 3. An important reason for having business policies is that policies: A) Are the responsibility of management. B) Help employees to make consistent decisions. C) Provide employees with satisfaction. D) Even out the workload for employees. Show Answer Correct Answer: B) Help employees to make consistent decisions. 4. This person manages day-to-day activities on a farm, ranch, nursery or greenhouse. Their responsibilities vary widely but focus on the business aspects of running the agricultural establishment. A) Funeral Director. B) Education administrator. C) Farm operator and manager. D) Human resources. Show Answer Correct Answer: C) Farm operator and manager. 5. Which of these is a leader? A) Twitter Famous person that only does things to gain attention. B) A soccer captain that only bosses his teammates aroun. C) A basketball player that works hard on their own and also tries to improve their teammates. D) A political critique that always has to put someone down. Show Answer Correct Answer: C) A basketball player that works hard on their own and also tries to improve their teammates. 6. When a new business first begins to organize activities into units, it should A) Create many small units. B) Group activities into a few natural divisions. C) Put all activities into one large unit. D) Prepare unit work schedules. Show Answer Correct Answer: B) Group activities into a few natural divisions. 7. What are the two most common management structures? A) Vertical and horizontal. B) Alphabetical and numerical. C) Organic and inorganic. D) Chronological and reverse chronological. Show Answer Correct Answer: A) Vertical and horizontal. 8. Which of the following is a function of project management software: A) Financial calculations. B) Scheduling. C) Storing client information. D) Creating visuals. Show Answer Correct Answer: B) Scheduling. 9. A plan showing projected sales, costs, expenses, and profits for the ongoing operations of a business. A) Operating budget. B) Cash budget. C) Sales budget. D) Capital budget. Show Answer Correct Answer: A) Operating budget. 10. Rhys is a manager who wants to better motivate and communicate with his employees. Which management function should he focus on to achieve this goal? A) Directing. B) Planning. C) Organizing. D) Controlling. Show Answer Correct Answer: A) Directing. 11. How much time should you allocate to each mark in the exam? (hint:75 marks and you have 2 hours) A) 1 minute 36 seconds. B) 1 minute 05 seconds. C) 2 minute 25 seconds. D) 3 minute 36 seconds. Show Answer Correct Answer: A) 1 minute 36 seconds. 12. Goals should be stated in broad, non-specific language to make them easier to reach. A) True. B) False. C) All of the above. D) None of above. Show Answer Correct Answer: B) False. 13. Evaluating results to determine if the company's objectives have been accomplished as planned: A) Controlling. B) Planning. C) Organizing. D) Leading. Show Answer Correct Answer: A) Controlling. 14. What term refers to people that are responsible for running a business? A) Stockholders. B) Officers. C) Management. D) None of above. Show Answer Correct Answer: C) Management. 15. When a manager measures how the business performs financially, he or she is said to be performing the task of ..... A) Controlling. B) Organizing. C) Leading. D) Planning. Show Answer Correct Answer: A) Controlling. 16. Name the function of management that involves monitoring how the business is performing. A) Leading. B) Controlling. C) Planning. D) Organizing. Show Answer Correct Answer: B) Controlling. 17. What is the term production managers use for assigning job to a factory or department A) Loading. B) Scheduling. C) Dispatching. D) None of above. Show Answer Correct Answer: A) Loading. 18. Which of these people is responsible for creating the Classical-Scientific Approach A) Wolfgang Daniels. B) Henry Ford. C) Elton Paige. D) Max Weber. Show Answer Correct Answer: D) Max Weber. 19. Businesses that generate more than $ 75, 000 in income annually MUST register for this. A) ACN. B) PAYG. C) GST. D) BAS. Show Answer Correct Answer: C) GST. 20. In the modern business world, a growing number of interactions between businesses and customers are taking place A) Over the phone. B) Online. C) In stores. D) Through the mail. Show Answer Correct Answer: B) Online. ← 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