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Business Management Quiz 22 (60 MCQs)

Quiz Instructions

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1. An information system that integrates data from various departments to make it available to help managers with day-to-day business operations is called a(n)
2. CAM is closely recognized by the use of
3. Each of the following is a main section of a business plan except .....
4. Which of the following is considered a pre-sale touch point:
5. Which business strategy am I? Concerned with stability and possible retrenchment. Seeks to retain current customers without having to innovate or grow.
6. Actions and behaviors managers are expected to perform in an organization
7. A person or business that sells something.
8. A limitation of random sampling method is:
9. Income minus costs
10. Which is one of Senges principles?
11. Why should businesses pay for non-compulsory insurances?
12. What are the 3 different types of leaders according to Lewin, Lippit and White?
13. Plans that are concerned with shorter time frames and lower level units are called
14. Setting the company objectives for the coming year is an example of which business management function?
15. People who start and run their own business
16. The selling price is the amount of money that a buyer pays and the seller ..... for a good or service.
17. A multinational company would like to establish a factory in a new country. It does not have the resources to research the entire population of the country. What is the most appropriate form of sampling it should carry out?
18. Which of the following types of managers tends to focus on the organization as a whole and are concerned mainly with long-term planning?
19. Which of the following is an example of a brick and mortar store?
20. ..... may happen when a business no longer has any work for an employee, caused by factors such as a recession or relocation of the business.
21. The number of shares of stock to be issued by a corporation is determined by .....
22. Brand promise connects to customers on a(n) ..... level.
23. What type of utility exists when a food processor converts peanuts to peanut butter?
24. Which of the following is a true statement regarding a project champion:
25. Commercial trade between nations through free market principles without regulation
26. Which of the following is an example of a post-sale touch point:
27. Managers allow employees a great deal of control over their own work and do not supervise them closely if the managers believe that employees
28. How does organizing provide a sense of security for employees?
29. What must managers be able to do if they want employees to understand the business's goals and be productive?
30. Which secondary market research method is not considered a good source for general-interest topics?
31. A small-business manager who considers how a one-person reduction in office staff could impact the rest of his/her company is demonstrating
32. A top-level manager who spends almost all of his or her time on management functions and decisions that affect the entire company
33. Which of the following is NOT a factor that determines quality
34. What management function involves identifying qualified candidates to perform the business's work?
35. Information system that combines and summarizes ongoing transactions within the company to provide top-level executives with information needed to make decisions affecting the goals and directions of an organization.
36. Which business strategy am I? Responds to the environment in an ad hoc fashion, takes whatever actions that appear to be the most expedient at the time.
37. Which of the following college degrees is an excellent foundation for a career in business:
38. To make organizations more effective, the mission and strategy must be aligned with four organizational characteristics:structure, systems, culture, and .....?
39. What are the 4 stages inn Lawrence and Nohria's Four Drive theory? (ABCD)
40. Public sector company is owned by
41. When BlueLight, Inc. merged with a competitor, the managers strive to instruct their employees on the best ways to transition. This is an example of how directing
42. What kind of customer would ask "If I buy this product, how can I be sure it will do what you say it will" ?
43. Organizing can help companies handle issues with ..... so employees know to whom to report and who is responsible for what.
44. The management function that determines to what extent the business is accomplishing the goals is set out to reach in the planning stage is
45. The Behavioural Approach follows which type of Leadership
46. Lucy, who works for the Green Corporation, is responsible for handling special events and responding to requests for information about the company. Lucy works in
47. Luther Gullik classifies the function of management as .....
48. Father of Principles of Management
49. As it relates to location, some businesses will set up more than one branch or location in the same area, even if the newer locations are eating up some of the profits from the existing location, this is known as
50. The function being performed when a manager is determining how plans can be accomplished most effectively is
51. Having representatives from different backgrounds, cultures, or demographics come together in a group
52. An organization which has strategic corporate units in multiple countries that interact both with the headquarters and with each other.
53. Record showing what a customer owes and pays.
54. Which of the following is not an example of sustainable business practices?
55. The federal government responded to strikes like the Pullman strike by
56. The introduction of the National Living Wage of £ 7.20 for 25 year olds and over in April 2016 is an example of which external factor?
57. Which of the following is NOT a component of the production process?
58. A business's organizational structure can sometimes have a negative effect on customer relationship management because
59. Which is the ability to handle different people and their different attitudes?
60. There are normally fewer first-line managers than middle or top-level managers.
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