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Business Management Quiz 52 (25 MCQs)

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1. _____ are organisations funded by businesses that operate in a specific industry. They produce regular reports on the state of the markets their members operate in.
2. To reduce the risk of employees sharing trade secrets with industry rivals, businesses might require their employees to
3. Which is not a way a business can be socially responsible?
4. This management function includes setting standards for work, evaluating performances and solving problems that prevent certain task from being completed.
5. Which career professional would be considered part of the Human Resources pathway of the Business, Management, and Administration career cluster?
6. Potters Pots has a 26% share of the garden pots market in a local city. The market is worth $ 15, 000, 000 per year. What is the firm's annual sales revenue?
7. Something entirely new
8. _____ innovation refers to the use or perception of a new product _____ where it sits in the market and how it is perceived.
9. ABC speciality wear is the only company that has written permission to use a national football team's logo on its sportswear. this is an example of _____
10. Why should businesses undertake regular risk assessments of their business operations?
11. _____ may happen when a business no longer has any work for an employee, caused by factors such as a recession or relocation of the business.
12. The Organisation Theory includes
13. Businesses buy raw materials from
14. People will productively if put in the right environment is a belief held by _____
15. Which of the following documents is drafted in the initiation stage of project management
16. The number of different skills a worker needs to perform a job is referred to as
17. Invention refers to the development of
18. Who is normally responsible for purchasing the proper material resources for workers to use in doing their jobs?
19. "I'm lovin' it" is one of McDonald's famous brand
20. Which of the following is a factor that affects a business's selection of policies to guide its operations?
21. The type of power that results from the manager's knowledge and skills is
22. The practice of Management written by
23. This person would work outside, often wearing a hard hat. He/She would manage building projects.
24. Controlling, leading, organizing, and planning are the four _____ of management
25. The chain of command from the highest authority to the lowest level in the organization is _____
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