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Business Management Quiz 40 (25 MCQs)

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1. The most important resources available to managers is the company's _____
2. A job specification is an explanation of
3. The interrelationship between management styles and skills provide opportunity to assess _____?
4. Ability of businesses from one country to compete with similar businesses in other countries
5. Traditional method of stock control which means holding a reserve of raw materials and finished products in case of a sudden increase in demand
6. Planning function is mainly performed at
7. According to Herzberg, which of the following is likely to increase worker motivation?
8. A _____ is an agreement between two parties to carry out a transaction, such as the sale of goods from a seller to buyer.
9. Which of the following is generally used by companies with fewer than 50 employees?
10. Which answer is incorrect? A feature of an autocratic management style is
11. What should you do to eliminate any misunderstandings that you or your customer might have concerning the customer's complaint?
12. What is a factor that affects a business's selection of policies to guide its operations?
13. Consider the following statements : - Planning involves
14. _____ refers to the practice of using another business (as a third party) to complete part of the work.
15. Which activity would be classified as controlling?
16. One way for employees to demonstrate a service orientation to customers is to reinforce verbal communication with
17. Businesses use aging of accounts to
18. Elton Mayo conducted his Hawthorne experiment in
19. Accumulated knowledge and skills of human beings.
20. Define Purchasing
21. Who coined the term Scientific Management?
22. Businesses are required to register their business or _____ name.
23. The project manager controls what the project will and will not do, known as the project's
24. Jane is the owner of a pizza shop associated with a national chain of pizza restaurants. she established her business in a regional supermarket. the pizza shop is referred to as a
25. In which stage of project management does the actual work of the project take place?
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