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Business Management Quiz 17 (60 MCQs)

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1. Textronics, Inc. manufactures and sells its computer chips in six countries. It employs over 8, 000 people worldwide. Which organizational structure makes the most sense for Textronics, Inc.?
2. Helping a new employee learn ways to manage time effectively is an example of which business management function?
3. Which of the following do many businesses believe to be their most important resource?
4. Which business strategy am I? Selects a defined segment of an industry and targets its strategy to serve them to the exclusion of others, AKA niche strategy.
5. The easiest way to learn your company's brand promise is to
6. Goals specify future needs, plans specify
7. Which of the following is an element of any project:
8. A manager who provides leadership within the company or interacts with others outside the organization is said to be working within his or her
9. Abilities that help managers understand how different parts of a business relate to one another or to the business as a whole is .....
10. A popular approach to strategy development which involves analyzing strengths, weaknesses, opportunities, and threats.
11. This leadership style is one that can be beneficial with experienced employees who can complete work on their own.
12. Managers usually find greater employee respect and support for work rules when
13. Explains a company's reason for existence.
14. Which of the following types of termination are voluntary?
15. The management theory that is directed at organizational improvement through understanding employee motivation and behavior is:
16. The UN Global Compact has how many principles?
17. Managers have access to specialists for advice and assistance in
18. Leaders have ambition and persistence in reaching goals. They are self-starters who plan what they want to do and then do it. This leadership trait is called
19. Studies the way work is organized and the procedures used to complete a job in order to increase worker productivity
20. Brianna works for a marketing agency, and she is skilled at graphic design. She spends all of her time creating graphics, rather than working on any other aspects of the marketing campaign. Brianna is
21. Henry Fayol laid down.....
22. Which of the following segments of the manufacturing industry is the only one to expect job growth?
23. The obligation to do an assigned task
24. Which of the following is an example of intellectual capital:
25. A sign or indication of something that appears to be the problem
26. ..... is power to carry out a task and make decisions.
27. Which of the following is an example of a project that enhanced an existing product:
28. A(n) ..... exists when only one company provides a product or service without competition from other companies.
29. What type of requirements for business careers varies greatly depending on the specific job?
30. ..... is the movement of employees in and out of a business over a given period of time
31. A carefully developed overall approach to leading an organization:
32. Local government by-laws ensure that everyone is trading fairly. Which of the following are examples of local government by-laws?
33. One thing all successful entrepreneurs have in common, regardless of industry, is
34. Laissez-Faire management style is also called
35. Preston wants to be an accountant. When he decides on a college education, which would be the best choice for this career?
36. 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.
37. An asset pledged that will be claimed by the lender if the loan is not repaid
38. One advantage an entrepreneur gains by forming a corporation to raise capital is .....
39. This manager helps to create and communicate a positive image for the company.
40. What is NOT an example of a service firm?
41. Cate forgot her lunch and is feeling hungry. Which level of needs (Maslow) is not being satisfied?
42. Which of the following IS NOT something you should do when naming a business?
43. Which of the following is not a disadvantage to being a public company?
44. Which is one way to NOT develop leadership characteristics?
45. Which of the following strategy could be used to improve the KPI number of workplace accidents
46. Caitlin is doing a walk-through to be sure that all the employees are on target to complete the company goals.
47. Traditional method of stock control which means holding a reserve of raw materials and finished products in case of a sudden increase in demand
48. Using the Internet for telephone services.
49. How does brand promise affect employees?
50. Which of the following are not technological developments to improve operations (from the study design)
51. Physical resources are .....
52. The ability of the society to develop in such a way that it meets the social well-being needs of the current and future generations.
53. Which type of customer relationship management software would be most appropriate for a company that is looking for a more efficient way to track leads, prospects, and customers?
54. Which of the following is NOT an advantage of ON the job training?
55. A procedure that evaluates the work & accomplishment of an employee & provides feedback on performance.
56. What should you do to eliminate any misunderstandings that you or your customer might have concerning the customer's complaint?
57. A computer system that processes data into meaningful information is a(n)
58. Which of the following is not a reason why people may choose to set up their own business?
59. A private business that maintains the website of individuals and organizations on its web servers for a fee.
60. A business's brand promise is what the business intends to:
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