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Business Management Quiz 13 (25 MCQs)

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1. The sector that provides intellectual, knowledge-based activities to generate and share information, eg R & D, consultancy services and scientific research.
2. Which of the following is not true in respect of planning?
3. Which of the following would not be a operating environment stakeholder?
4. A strategy can be defined as
5. A(n) _____ is an invention or creation that is brand new.
6. This method reduces the amount of stock held by ensuring products are made only when ordered
7. Modelling Expected Behavior is part of which managerial function?
8. A type of business that moves goods from the manufacturer to the consumer.
9. There are _____ key strategies to seeking domestic and global opportunities
10. Employees in the administration support pathway perform a variety of _____ tasks for businesses and organizations.
11. The group of people taking part in a market research survey selected to be representative of the target market overall.
12. Skills used to help an individual find a job, perform in the workplace, and gain success in a job or career
13. A partnership has _____
14. How much time should you allocate to each mark in the exam? (hint:75 marks and you have 2 hours)
15. The old control techniques which were used through years are
16. Name that concept:Every business decision has moral implications. These consequences can be significant for internal and external stakeholders and the natural environment.
17. "Don't put all your eggs in one basket" is investment advice related most directly to
18. A _____ is usually a group of volunteers who meet to discuss ways of improving quality.
19. Which visual tool reveals customer perceptions of a product or a brand in relation to others in the market?
20. First-line managers deal more directly with _____ (people) than middle or top-level managers.
21. When managers increase employees' salaries when they meet the goals established for them, what type of power are the managers using?
22. When considering where to locate, these are the factors that may make setting up or relocating abroad an attractive option for businesses
23. Which of following is not a management function as given by H Fayol.
24. The driving force of business, provided by risk-taking individuals which combines the other factors of production is called
25. This is also known as flow production since the business uses a continuous flow of materials along an assembly line.
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