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Business Management Quiz 35 (25 MCQs)

Quiz Instructions:

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1. What is leadership?
2. Luther Gullik classifies the function of management as _____
3. Which is NOT an area of management responsibility
4. The Managerial grid was developed by
5. Which statement is true about capital goods?
6. The benefits of MBO consists of
7. Repeated use plans or standing plans include
8. How do businesses aim to satisfy the needs and wants of individuals and organizations?
9. Which of the following is true with respect to planning function?
10. Communication flow from higher level to lower ones within in an organisation
11. What kind of customer would ask "If I buy this product, how can I be sure it will do what you say it will" ?
12. This role requires you to make changes in policies or resolve conflicts in the work place as a manager.
13. Espirit de corps means
14. _____ production involves transforming raw materials into goods.
15. To demonstrate customer service mindset, employees must believe that customers deserve
16. Which type of business produces processed goods by changing raw goods into a more finished form?
17. While delegating, a superior delegates
18. A country's economic growth occurs when
19. The way people get along with each other is called
20. Father of Principles of Management
21. Legally binding minimum requirements for wages and conditions that apply to specific industries are called?
22. The activities of selecting and describing one or more target markets and developing and maintaining a marketing mix that will produce mutually satisfying exchanges with target markets
23. Which function of management involves creating goals, objectives, and ways to achieve them?
24. What is Company A's market share if its sales revenue amount to $ 100 million in an industry with annual sales of $ 500 million?
25. Efficient resource use is an advantage of the _____ organizational structure.
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