Business Management Quiz 24 (25 MCQs)

Quiz Instructions:

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1. First step in planning is

2. The ability to influence individuals and groups to achieve organizational goals is

3. What is a private sector business that distributes profit to benefit the community rather than individual shareholders called?

4. 'Matrix organisation' refers to a term of

5. Purchasing raw materials from a business in another country is known as

6. Which concept measures how well a business uses its resources in the production process?

7. What are the 4 stages inn Lawrence and Nohria's Four Drive theory? (ABCD)

8. Carpal tunnel syndrome is a health problem related to the

9. Which of the following is correct about "GRAPEVINE" ?

10. A licence is a legal acknowledgement that a person or business is granted _____ to _____

11. 'Grapevine' is a type of

12. The selling price is the amount of money that a buyer pays and the seller _____ for a good or service.

13. Customer relationship management increases sales and profits by increasing

14. Which of the following organizations can be beneficial for students who are interested in becoming a human resources manager?

15. According to the presentation, opportunities for which of the following areas are expected to increase in the next few years?

16. Which type of business plan is meant primarily for an internal audience?

17. What term refers to people that are responsible for running a business?

18. Which of the following is used in positive internal business relationships?

19. Which of the following is an example of a project that enhanced an existing product

20. Satisfying wants involves four types of utility:time, place, possession, and

21. Which of the following is not a task suited to delegation?

22. Price for products that are popular often will _____

23. Export is achieved by contracting with brokers located in the local market of the company

24. What should you do to determine whether a customer's complaint is justified?

25. Which of the following is NOT a position in the Administrative Support pathway?