Business Management Quiz 12 (60 MCQs)

Quiz Instructions

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1. Reviewing the week's purchases (inventory list) for the store
2. Which of the following is not a common reason for the failure of small businesses?
3. What is a business that is owned and operated by one person known as?
4. Name that concept:Incremental or radical improvements to a business idea, or the generation of new ideas in relation to a final product, service or process, are the result of internal or external influences.
5. Enrolling your sales staff in a training seminar on "Making an Effective Sales Pitch."
6. In which stage of project management does risk analysis take place?
7. Employees who are in contact with customers can reinforce the company's service orientation by dressing professionally and:
8. A set of measures built into the production process to make sure the products or services meet certain standards is known as which of the following?
9. Acquire businesses that engage in similar activity for example if AT & T purchased Verizon.
10. The type of leader who is usually the most efficient is
11. What is the method of corrective action called when an employer raises standards and have employees attend a session to learn how to improve performance?
12. Which is not a way a business can be socially responsible?
13. Caitlin is doing a walk-through to be sure that all the employees are on target to complete the company goals. Which function of management is this?
14. Which activity would be classified as leading
15. Which business strategy am I? Involves innovation, risk taking, seeking new opportunities and growth.
16. Categories of factors of production do not include
17. A banking institution is well-suited for a divisional organizational structure broken down by
18. Planning gives an organization a sense of
19. How many key knowledge points are covered in Chapter 7?
20. When creating a presentation, what is this acceptable minimum font size?
21. When a customer sees a news story on television about a certain company or brand, it's an example of a(n)
22. A strategy of bringing outside people into the organization and making them feel obligated to contribute because of their organizational involvement.
23. The completion of the transcontinental railroad in the United States after the Civil War helped to fulfill
24. A written set of guidelines issued by an organization to its workers and management to help them conduct their actions in accordance with its primary values and ethical standards
25. The amount of teamwork included in an organizational design is often referred to as
26. A plant manager, or a department head, would be an example of which level of management?
27. Father of Administrative management .....
28. Which is not a role of The Fair Work Commission?
29. Tyson has decided he wants to be trained and certified in cosmetology. Which type of institution of higher learning could provide him with this?
30. Most managers carry out ..... different functions of management.
31. Which of the following is not a key issue that can be addressed in global sourcing?
32. This person is responsible for managing and organizing the tasks relating to a funeral service, including organizing transportation to the cemetery and publishing obituaries.
33. The three elements of an operations system are
34. Which of the following is not a step in resource orchestration?
35. Expensive assets that are expected to last and be used a long time.
36. Lean production is based on .....?
37. Transforms primary resources into manufactured goods for sale
38. Which term describes the total sales of all the producers in a market?
39. Which of the following is a pull factor impacting globalization on a business's location?
40. The capacity utilization rate is calculated by
41. A ..... is an agreement between two parties to carry out a transaction, such as the sale of goods from a seller to buyer.
42. Which level of needs (Maslow) could be satisfied by extending employee contracts?
43. Which of the following is not one of Mintzberg's three categories of managerial roles?
44. A chain of command must have unity of command, which means that
45. With this method of appraisal, individual employees reflect on their own performance.
46. A program that assists in locating information on networks.
47. Capital brought into the business in exchange for a percent of ownership in the business
48. James is creating a list of monthly job duties for the managers in his section. This is an example of which management function?
49. Which of the following is not a disadvantage of participative management style?
50. What should help business people adapt their communication styles to appeal to clients from other cultures?
51. Which of the following is a participative approach to implementation of change, communication, empowerment, group work and support
52. Which department of a business usually completes recruitment?
53. An employee who is assigned to work in foreign country.
54. Process of influencing others to work toward the attainment of common goals
55. To earn repeat business, you must win both the ..... and the ..... of the customer.
56. To control various business activities in an effective manner, managers must first
57. ..... requires employer to provide insurance for the death, injury, or illness of employees that results from their work.
58. Melanie is showing a group of new employees how to perform work-related task. What staffing activity is Melaine performing?
59. A financial plan for replacing fixed assets or acquiring new ones is known as a(n) .....
60. Motivation can best be thought of as