Business Management Quiz 34 (25 MCQs)

Quiz Instructions:

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1. Customers who seem to disagree, question, or look for error in almost everything and everybody are _____ customers.

2. This involves analyzing of information and making decisions about what needs to be done. This includes long term and short term goals.

3. Takes place during the production process when the value of output to consumers is greater than the costs of production to the firm.

4. Businesses use organizational design to structure their _____

5. A group of employees meets everyday at lunch to chat about what's going on in the office. This is an example of

6. A secured, private network that companies need in order to share selected information with selected people outside the organization is an

7. What are the disadvantage of online selection?

8. Which is the type of communication in small group?

9. A product's market price is the price at which

10. Which is NOT an example of team learning?

11. The consistency or repeatability of measurement.

12. A measure that precedes, anticipates, or predicts future performance.

13. Producing products and services quickly at low cost, without wasting time and materials.

14. To create a pleasant working atmosphere

15. The role of ethics in human resources management involves.

16. Which activity would be classified as organizing?

17. What type of corporation sells millions of shares and must furnish complete information about its earnings, assets, and debts?

18. This intellectual property protects ownership of all forms of artistic media such as literary works, music, films

19. Which of the following is not an aim of quality management?

20. What is a "market share" ?

21. The right to own property is NOT a feature of

22. What is an important aspect of a customer-centric business?

23. Which of the following is NOT an effective practice in enforcing work rules?

24. Organizing can help companies handle issues with _____ so employees know to whom to report and who is responsible for what.

25. The approaches to organisational changes are