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Business Management Quiz 15 (25 MCQs)

Quiz Instructions:

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1. Having representatives from different backgrounds, cultures, or demographics come together in a group
2. Which of the following is a benefit of using management software?
3. When a business takes advantage of the huge wage difference between workers doing the same job but in a different area of the world.
4. Under what circumstances would a company adopt a matrix organizational structure?
5. Fill in the blank _____ Access to data banks-At the _____, the local businesses can have access to various data that contain useful information and relevant industry research results to better their business.
6. When a project's scope slowly gets bigger and bigger, it creates a challenge for project managers known as
7. Which of the following is a benefit of customer relationship management
8. A procedure used to evaluate the work and accomplishment of an employee and provide feedback on performance
9. Management theory that identifies the most effective practices for organizing and managing a business
10. Professionals in Business Information Management gather _____ and market trends, create and manage large databases, and analyze data in order to help managers make organizational decisions.
11. Operations management involves producing goods, quality control, managing the supply chain, product development, _____ of goods and purchasing of external products.
12. The employment process is carried out by which department?
13. Which business strategy am I? Maintains a stable business while innovating on the periphery by attempting to balance efficient production of current products with creative development of new.
14. Who describes the classical approach as the engineering approach?
15. The task word "Apply" means _____
16. All businesses within a category doing similar work
17. Which business strategy am I? Involves innovation, risk taking, seeking new opportunities and growth.
18. "Leadership is the activity of influencing people to strive willingly for group objectives. " This statement is given by
19. The authority to make decisions and to direct the performance of subordinates in production, sales, or finance-related activities.
20. People buy from those they _____
21. A program that assists in locating information on networks.
22. Kemper Corporation continuously updates the firewalls on its web site to protect its customers' personal information from theft. Kemper's action helps build trust with its customers in relation to
23. To manage time efficiently, supervisors must be able to
24. Planning has three stages
25. Which of the following is not one of the 6 types of businesses?
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