This quiz works best with JavaScript enabled. Home > Economy > Business > Business Management – Quiz 68 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 68 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following is not an example of sustainable business practices? A) Cradle to grave manuacturing. B) Cradle to cradle manufacturing. C) Green tehnologies. D) Recycling, reusing and reducing. Show Answer Correct Answer: A) Cradle to grave manuacturing. 2. The federal government responded to strikes like the Pullman strike by A) Negotiations through collective bargaining. B) Using military force against the workers/strikers. C) Staying out of it. D) Supporting the workers. Show Answer Correct Answer: B) Using military force against the workers/strikers. 3. The introduction of the National Living Wage of £ 7.20 for 25 year olds and over in April 2016 is an example of which external factor? A) Political. B) Economic. C) Social. D) Competition. Show Answer Correct Answer: A) Political. 4. Which of the following is NOT a component of the production process? A) Creating products or services. B) Growing products or services. C) Manufacturing products or services. D) Selling products or services. Show Answer Correct Answer: D) Selling products or services. 5. A business's organizational structure can sometimes have a negative effect on customer relationship management because A) The marketing department has the most power. B) CEOs don't like dealing with customers. C) Customers will only deal with one department. D) Different departments have different methods. Show Answer Correct Answer: D) Different departments have different methods. 6. Which is the ability to handle different people and their different attitudes? A) Adaptability. B) Dependability. C) Responsibility. D) Tolerance. Show Answer Correct Answer: D) Tolerance. 7. There are normally fewer first-line managers than middle or top-level managers. A) Employees. B) Office supplies. C) Equipment. D) Sales revenue. Show Answer Correct Answer: A) Employees. 8. Government regulations are generally designed to ..... A) Create jobs for government workers. B) Protect the public from harmful or unjust actions. C) Increase the number of political campaigns. D) Make people thinks before they vote. Show Answer Correct Answer: A) Create jobs for government workers. 9. POLC stands for A) Planning, Organising, Learning, Contrasting. B) Planning, Organising, Learning, Controlling. C) Planning, Organising, Leading, Controlling. D) Practicality, Organising, Learning, Contrasting. Show Answer Correct Answer: C) Planning, Organising, Leading, Controlling. 10. This measures an employee's performance according to set standards. It is usually conducted at the end of a project, contract or specific goal. A) Self-appraisal. B) Summative. C) Formative. D) 360-degree. Show Answer Correct Answer: B) Summative. 11. Most of the operational planning in a business is the responsibility of supervisors A) True. B) False. C) Wrong answer-don't pick. D) None of above. Show Answer Correct Answer: A) True. 12. A certain company values creativity and encourages this trait among its employees, affecting how its brand promise is carried out. This factor is called A) Advertising. B) Corporate culture. C) Branding. D) Brand awareness. Show Answer Correct Answer: B) Corporate culture. 13. Which of the following is not an advantage to being in a partnership? A) Minimal government regulation. B) Shared workload. C) Unlimited liability. D) Shared risk. Show Answer Correct Answer: C) Unlimited liability. 14. None of the other managerial functions can be carried out effectively without staffing because A) All of an organizations's communications are created during staffing. B) Staffing lays the foundation for organizing. C) Staffing supplies the human resources needed for management. D) Businesses are legally required to set up staffing first. Show Answer Correct Answer: C) Staffing supplies the human resources needed for management. 15. Who originated the idea of paying employees using a piece rate? A) Douglas McGregor. B) Frederick Taylor. C) Henri Fayol. D) W. Edwards Deming. Show Answer Correct Answer: B) Frederick Taylor. 16. Summaries of financial information and activities. A) Financial records. B) Working capital. C) Accounts receivable record. D) Liabilities records. Show Answer Correct Answer: A) Financial records. 17. There are ..... key strategies to seeking domestic and global opportunities A) 3. B) 4. C) 5. D) 6. Show Answer Correct Answer: B) 4. 18. (Separation Costs + Replacement Costs + Training Costs + Lost Performance) / Number of Replacements A) Turnover Rate. B) Training Investment Factor. C) Human Capital ROI. D) Turnover Costs per Employee. Show Answer Correct Answer: D) Turnover Costs per Employee. 19. Which is NOT part of Senge's theory? A) Developing a business-wide attitude of continuous learning. B) It involves managers telling employees what to do. C) It allows businesses to adapt to change quickly. D) It assumes change is continuous and evolving. Show Answer Correct Answer: B) It involves managers telling employees what to do. 20. The exploitation of workers during the Gilded Age led to A) The rise of capitalism. B) The rise of labor unions. C) Government control over economics. D) The 3/5's Compromise. Show Answer Correct Answer: B) The rise of labor unions. ← 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