This quiz works best with JavaScript enabled. Home > General Knowledge > Economy > Business > Business Management – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 6 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. If some employees do not seem to enjoy their work, a manager can A) Find opportunities to involve the employees in decisions. B) Tell them to change their attitude or they will be terminated. C) Ignore the problem because the attitudes will change. D) Punish them by giving them tasks they dislike. Show Answer Correct Answer: A) Find opportunities to involve the employees in decisions. 2. For bulk increasing, i.e. buying many components and building something larger, the business should consider locating near ..... A) Raw materials. B) Suppliers. C) Market. D) Stockholders. Show Answer Correct Answer: C) Market. 3. Which of the following is an example position in the General Management pathway? A) Business intelligence analyst. B) Director of market intelligence. C) Small business owner. D) Labor relations specialist. Show Answer Correct Answer: C) Small business owner. 4. The Equal Opportunity Act 2010 is a A) Victorian Law. B) A Commonwealth Law. C) A local council Law. D) None of above. Show Answer Correct Answer: A) Victorian Law. 5. Mental models are ..... A) Deeply ingrained individual assumptions and bias. B) Motivational theories such as Maslow's Hierarchy. C) The mental health of each employee. D) Psychological mumbo jumbo. Show Answer Correct Answer: A) Deeply ingrained individual assumptions and bias. 6. Louisa works in Marketing. She works with several different areas of the company that employs her. Which task does Louisa have others perform? A) Conducting meetings at a satellite office. B) Working on new marketing campaigns at home. C) Training other employees how to use a computer. D) Participating in teleconferences in her home office. Show Answer Correct Answer: C) Training other employees how to use a computer. 7. A 'discuss' question on the exam, means I am required to? A) Explain it in detail. B) Summarise the topic. C) Look at the positives and negatives of the topic. D) Cry. Show Answer Correct Answer: C) Look at the positives and negatives of the topic. 8. Which of the following is not considered a level of management in the management pyramid? A) Supervisory management. B) Senior management. C) Authority management. D) Middle management. Show Answer Correct Answer: C) Authority management. 9. Which of the following is a true statement about the matrix organizational structure: A) It includes only line authority. B) It gives managers a wide span of control. C) It lacks flexibility. D) It is useful for most types of organizations. Show Answer Correct Answer: D) It is useful for most types of organizations. 10. Samantha is conducting interviews with potential employees to find a replacement for a worker who retired. A) Leading. B) Controlling. C) Organizing. D) Planning. Show Answer Correct Answer: D) Planning. 11. A certain electronics brand portrays the characteristics of youth, energy, and hopefulness. This is an example of A) Brand personality. B) Brand promise. C) Business environment. D) Corporate culture. Show Answer Correct Answer: A) Brand personality. 12. Mia decides to change a future deadline on her project's schedule because she knows that, based on her team's performance, they will not meet the deadline. Mia is taking ..... action. A) Defect repair. B) Productive. C) Corrective. D) Preventative. Show Answer Correct Answer: D) Preventative. 13. The term span of management is also known as A) Span of Activity. B) Span of Business. C) Span of Control. D) Span of Planing. Show Answer Correct Answer: C) Span of Control. 14. What happens if managers do not coordinate individual employees' work and effort? A) The company is not able to handle changes. B) Employees are more focused on their tasks. C) Employees duplicate tasks and are not efficient. D) The company has a culture of teamwork. Show Answer Correct Answer: C) Employees duplicate tasks and are not efficient. 15. Promotion means- A) Any form of communications that is used to persuade people to buy a company's product. B) To promote. C) When students advance from one level to the next. D) To move from one place to another. Show Answer Correct Answer: A) Any form of communications that is used to persuade people to buy a company's product. 16. In management, a primary organizing activity is? A) Assigning responsibility. B) Controlling external conditions. C) Evaluating job performance. D) Hiring talented workers. Show Answer Correct Answer: A) Assigning responsibility. 17. When a country's output exceeds its population growth, it will have ..... A) Inflation. B) Economic growth. C) A recession. D) None of these. Show Answer Correct Answer: B) Economic growth. 18. What are non-governmental organizations (NGOs)? A) They are only concerned with a single issue or cause. B) NGOs support a cause that is deemed to be socially desirable. C) They are not organized or run by any government but operate for profit. D) NGOs usually have political aims. Show Answer Correct Answer: B) NGOs support a cause that is deemed to be socially desirable. 19. Which of the following IS NOT an example of a point of sale system? A) A cash register. B) A debit/credit card reader. C) A barcode scanner. D) They are all examples of a point of sale system. Show Answer Correct Answer: D) They are all examples of a point of sale system. 20. Which of the following is part of Sales Promotion- A) Events. B) Incentives. C) Trade shows. D) Catalogs. Show Answer Correct Answer: B) Incentives. 21. A company's mission statement A) Is the basis for all directing. B) Is the basis for all financing. C) Is the basis for all planning. D) Is a statement used to talk to customers. Show Answer Correct Answer: C) Is the basis for all planning. 22. A business creates an organizational design in which no employee has to report to more than one manager at a time. This is following an organizational principle called A) Unity of command. B) The scalar principle. C) Span of control. D) Line authority. Show Answer Correct Answer: A) Unity of command. 23. Which of the following is not a management strategy to respond to KPI's. A) Investment in technology. B) Materials management. C) Cost cutting. D) Initiating lean production. Show Answer Correct Answer: B) Materials management. 24. Customers tend to look at a business as a whole despite the number of ..... they experience. A) Touch points. B) Purchases. C) Feedback surveys. D) Complaints. Show Answer Correct Answer: A) Touch points. 25. All of the following are types of information systems EXCEPT A) EIS. B) MIS. C) ISP. D) DSS. Show Answer Correct Answer: C) ISP. 26. To ensure that the quality of work is acceptable, businesses develop A) Organizational charts. B) Standards. C) Schedules. D) Goals. Show Answer Correct Answer: B) Standards. 27. A system that integrates data from various departments to make it available to help managers with day-to-day operations. A) Management information system. B) Executive information system. C) LAN. D) WAN. Show Answer Correct Answer: A) Management information system. 28. College presidents, school superintendents, and school principals are all classified as which business management career? A) Human resources manager. B) Education administrator. C) Administrative service manager. D) Public relations manager. Show Answer Correct Answer: B) Education administrator. 29. SWOT stands for? A) Strategies, Weaknesses, Objectives, Threat. B) Strategies, Weaknesses, Openings, Time Management. C) Strength, Weaknesses, Opportunity, Threat. D) Strength, Weaknesses, Openings, Threat. Show Answer Correct Answer: C) Strength, Weaknesses, Opportunity, Threat. 30. Almost all people starting small businesses have graduated from A) High school. B) College. C) Doctoral program. D) Business school. Show Answer Correct Answer: A) High school. 31. Larissa tells her employees to spend one-third of their time on sales reports, one-third on answering emails, and one-third on generating new leads. This is an example of which step of the organizing process? A) Evaluate results. B) Group tasks into structures. C) Delegate authority. D) Allocate resources. Show Answer Correct Answer: D) Allocate resources. 32. What is Promotes A) When you go to prom. B) If available resources are used sensibly, benefits can extend well into the. C) Both. D) None of above. Show Answer Correct Answer: B) If available resources are used sensibly, benefits can extend well into the. 33. The probability that conditions like exchange rates, government regulation, or political stability will affect an investment, usually one in a foreign country A) Investment risk. B) Risk. C) Economic risk. D) External risk. Show Answer Correct Answer: C) Economic risk. 34. Who should develop business plans? A) Employees of a business. B) Former business owners. C) Current business owners. D) Anyone wanting to start a business. Show Answer Correct Answer: D) Anyone wanting to start a business. 35. When aggregate demand decreases, which of the following will mostly likely increase: A) Inflation. B) Expansion. C) Production. D) Unemployment. Show Answer Correct Answer: D) Unemployment. 36. Which of the following is not a common component found in most business plans? A) A description of the HR team. B) A budget and a financial analysis showing both resources and needs. C) A description of the company's products and services. D) An executive summary. Show Answer Correct Answer: A) A description of the HR team. 37. Completes all of the management functions, but spends most of the time completing specialized work in one management function or is responsible for a specific part of the company's operations A) Executives. B) Shift manager. C) Middle manager. D) Supervisor. Show Answer Correct Answer: C) Middle manager. 38. Which of the following would NOT be appropriate in selecting the solution to be implemented to solve an important problem? A) Take time rather than make a quick decision. B) Involve others to help with the decision. C) Select the least expensive solution. D) All of these would not be appropriate. Show Answer Correct Answer: C) Select the least expensive solution. 39. What type of tax are businesses required to pay on the profits they earn? A) Income. B) Excise. C) Sales. D) Property. Show Answer Correct Answer: A) Income. 40. Which of the following is a true statement about brand promise: A) It is explained solely through advertising. B) It decreases brand awareness. C) It is not usually stated in words. D) It is the same thing as brand logo. Show Answer Correct Answer: C) It is not usually stated in words. 41. What is an important aspect of a customer-centric business? A) Reducing the number of touch points with customers. B) Limiting the employees' decision making. C) Aligning business activities with customer needs. D) Being satisfied with the status quo. Show Answer Correct Answer: C) Aligning business activities with customer needs. 42. An entrepreneur is A) Over 30 years old. B) Is a person who starts a new business or purchases an existing business. C) Is a person who Opens and Closes a business every day. D) Is a college graduate. Show Answer Correct Answer: B) Is a person who starts a new business or purchases an existing business. 43. The process of deciding how best to use a business's resources to produce goods or provide services A) Management. B) Role. C) Entrepreneurs. D) Principle. Show Answer Correct Answer: A) Management. 44. Which of the following is NOT a typical task in the Business Information pathway? A) Transporting goods. B) Using data to resolve operational problems. C) Building databases. D) Updating database information. Show Answer Correct Answer: A) Transporting goods. 45. Products a business keeps on hands is referred to as A) Start-up. B) Improvement. C) Innovation. D) Inventory. Show Answer Correct Answer: D) Inventory. 46. Mission statements A) Are the guidelines that direct employees' behavior. B) Describe the reason businesses exists and what they want to accomplish. C) Are written explanations of how specific business ideas will be carried out. D) Are the principles of conduct governing an individual or group. Show Answer Correct Answer: B) Describe the reason businesses exists and what they want to accomplish. 47. A system of management based on involving all employees in a constant process of improving quality and productivity by improving how they work is known as ..... A) Theory Y. B) TQM (Total Quality Management). C) Theory X. D) Theory Z. Show Answer Correct Answer: B) TQM (Total Quality Management). 48. What is a factor that affects a business's selection of policies to guide its operations? A) Personal preferences of management. B) Communication skills of employees. C) Space available to display policies. D) Nature of the business. Show Answer Correct Answer: D) Nature of the business. 49. In today's global climate, managers must be able to operate in a world of constant ..... A) Change. B) Sensitivity. C) Staffing. D) Deductions. Show Answer Correct Answer: A) Change. 50. Salespeople sometimes have difficulty meeting the needs of customers who: A) Know exactly what they want. B) Ask for the salesperson's opinion. C) Voice their opinions in a loud manner. D) Feel empathy for salespeople. Show Answer Correct Answer: C) Voice their opinions in a loud manner. 51. The practice of Management written by ..... A) Peter F Drucker. B) Terry. C) Louis Allan. D) Hendry Fayol. Show Answer Correct Answer: A) Peter F Drucker. 52. Customers who seem to disagree, question, or look for error in almost everything and everybody are ..... customers. A) Argumentative. B) Insulting. C) Dishonest. D) Domineering. Show Answer Correct Answer: A) Argumentative. 53. A manager studies the business's previous sales statistics as well as the sales forecast before making purchasing decisions. What type of resource is the manager using? A) Financial. B) Material. C) Human. D) Information. Show Answer Correct Answer: D) Information. 54. Fredrick Taylor developed his scientific management principles through the use of ..... A) Cash payment to workers. B) Time and Motion studies. C) Innovative Machinery. D) Management Training. Show Answer Correct Answer: B) Time and Motion studies. 55. It's appropriate to write a letter of inquiry when A) Informing employees of a payroll change. B) Requesting more information about a company. C) You're summarizing a business report. D) Thanking a potential employer for an interview. Show Answer Correct Answer: B) Requesting more information about a company. 56. Which of the following examples best depicts the directing function: A) A CEO determines the company's goals. B) A president figures out which staff members should report to him. C) A supervisor tells her team the tasks they need to complete. D) A manager hires six new staff members. Show Answer Correct Answer: C) A supervisor tells her team the tasks they need to complete. 57. Rita works for an accounting firm. She works in the firm's office, usually between 10 and 20 hours each week, but hours and times vary week to week. Rita's job can be described as which of the following? A) Full-time, blue-collar job. B) Part-time, white-collar job. C) Full-time, white-collar job. D) Part-time, blue collar. Show Answer Correct Answer: B) Part-time, white-collar job. 58. Which of the following is a business potential benefit of implementing continuous quality improvement processes: A) Increased revenue. B) Lower productivity. C) Decreased demand. D) Higher costs. Show Answer Correct Answer: A) Increased revenue. 59. What authorization does Guido's Pizza Shop need to obtain to operate legally within its city's limits? A) Real-estate license. B) Search warrant. C) Transportation certificate. D) Health-department permit. Show Answer Correct Answer: D) Health-department permit. 60. A common set of activities that makes up an important part of a manager's job A) Work coach. B) Management principles. C) Management subordinate. D) Management role. Show Answer Correct Answer: D) Management role. ← PreviousNext →Related QuizzesEconomy QuizzesGeneral Knowledge QuizzesBusiness Management Quiz 1Business Management Quiz 2Business Management Quiz 3Business Management Quiz 4Business Management Quiz 5Business Management Quiz 7Business Management Quiz 8Business Management Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books