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Business Management Quiz 19 (25 MCQs)

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1. An individual that owns a business, is entitled to all profit after tax and is liable for losses is?

2. Which is the barrier of communication?

3. The effectiveness of a supervisor's job is determined by which factor?

4. Three primary factors that affect the organizational structure of a business include interpersonal relationships, tasks, and

5. Which of the following is the channel of communication?

6. A system used to record, classify, summarize and report the financial position of a business is known as which of the following?

7. Jake wanted to run his own business but was unsure that he had adequate business skills to be successful. which type of business would give jake the help he needs?

8. Reviewing monthly sales reports to see if the department has achieved its goals is an example of which business management function?

9. Total market value of all goods and services produced in a country in a year

10. A widely used financial planning tool is a

11. Which of the following is an example of a non-profit organization?

12. Small businesses are sometimes referred to as which of the following?

13. When all of the employees of a company's purchasing and sales departments have the ability to check inventory through an internal network of computers, they are obtaining important business information through the company's

14. Managing work schedules to achieve maximum productivity

15. Local government by-laws ensure that everyone is trading fairly. Which of the following are examples of local government by-laws?

16. Original facts and figures that businesses generate.

17. Which of the following would be the most likely cause of customer complaints?

18. Chester Bernard developed a theory of organisation and --------- functions.

19. Mental models are _____

20. Which of the following is probably the least important factor in becoming an entrepreneur?

21. This measures an employee's performance according to set standards. It is usually conducted at the end of a project, contract or specific goal.

22. What are the resources used in production process collectively known as?

23. The Era of Scientific Management is

24. The _____ can provide a range of invaluable information, if not a good starting point to find other sources of secondary market research data and information.

25. The process of planning a business's production needs is known as

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Business Management Quiz 19 (25 MCQs)

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