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Business Management Quiz 51 (25 MCQs)

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1. People who start and run their own business
2. If a general manager asks the sales manager to recruit some salesman on his behalf, it is an instance of
3. Name that concept:refers to the significant long-term planning decisions that organizations make in order to meet the needs and wants of their stakeholders.
4. It is a popular entry strategy for companies venturing abroad for the first time
5. Which of the following is one way business can be categorized?
6. A benefit of private companies is that they
7. Customers have the right to expect employees to be
8. Bottling machines are usually considered as _____
9. Which of the following is the most appropriate reason for a manager to plan?
10. Providing the conditions that stimulate followers to act in a committed, concerned and involved way in doing their work.
11. An opportunity is set of circumstances that a person can perceive as
12. What can you do to project to customers that they are important to business?
13. A computer-based system that stores, organizes, and provides information about a business
14. Which of the following are advantages of a bricks and mortar business model?
15. Which of the following is a participative approach to implementation of change, communication, empowerment, group work and support
16. What type of power is granted to managers by employees because the employees determine the managers are worthy of it?
17. Which one of the following formulae is used to calculate "Cross Relationship" under span of control?
18. If a manager develops a new idea and gives plan for development of a new product in his workplace, then he is carrying out which of the following roles?
19. How would you classify a manager that's in charge of a department?
20. Learning can be in the form of
21. The type of business with the most freedom to make your own decisions is a
22. This is a production method normally associated with a special "one-off" order. It is the highest end of the market where the emphasis is on quality and originality
23. Why should employees act as if customers are their employers?
24. A manager must provide directions and vision to inspire employees. This is called _____
25. Which is one way to NOT develop leadership characteristics?
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