This quiz works best with JavaScript enabled. Home > General Knowledge > Economy > Business > Business Management – Quiz 9 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Business Management Quiz 9 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which employee in the Business, Management, and Administration career cluster would most likely work in a cubicle? A) Mail Clerk. B) Receptionist. C) Accountant. D) Sales Representative. Show Answer Correct Answer: C) Accountant. 2. Name that concept:Every organization operates in a range of environments in which its role may be interpreted differently. These expectations affect planning, decision-making and strategy implementation. Within an organization, values and backgrounds influence what stakeholders focus on and how they work. A) Strategy. B) Culture. C) Innovation. D) Ethics. Show Answer Correct Answer: B) Culture. 3. Which of the following help individuals in low-income economies to establish their own businesses? A) Cooperatives. B) Stock exchanges. C) Microfinance. D) Public-private partnerships. Show Answer Correct Answer: C) Microfinance. 4. Performance management strategies include? A) Chocolate. B) Employee Observation. C) A participative management style. D) Job Rotation. Show Answer Correct Answer: B) Employee Observation. 5. People buy from those they ..... A) Follow on social media. B) Have a personal connection with. C) Think are beautiful. D) Know, follow, and have great content. Show Answer Correct Answer: B) Have a personal connection with. 6. Which is an example of publicity? A) Billboard. B) TV commercial. C) A news release. D) Direct mail. Show Answer Correct Answer: C) A news release. 7. Successful leaders A) Continue to study and learn to improve their management skills. B) Work to solve conflicts and problems. C) Understand that they must help employees satisfy their own needs while accomplishing the goals of the company,. D) All of the responses. Show Answer Correct Answer: D) All of the responses. 8. A manager studies the business's previous sales statistics (data) as well as the sales forecast before making purchasing decisions. What type of resource is the manager using? (What is another word for data? ) A) Information. B) Human. C) Financial. D) Material. Show Answer Correct Answer: A) Information. 9. The practice of performing peripheral activities internally, within the company (the opposite of outsourcing) A) Offshoring. B) Reshoring. C) In-housing. D) Subcontracting. Show Answer Correct Answer: C) In-housing. 10. Manager Aniya helps an employee work the computer, count the money in a cash drawer and prepare a bankdeposit is demonstrating A) Creativity. B) Technical skills. C) Aggressive behavior. D) Natural talent. Show Answer Correct Answer: B) Technical skills. 11. Analyzing information and making decisions about what needs to be done: A) Organizing. B) Staffing. C) Planning. D) Leading. Show Answer Correct Answer: C) Planning. 12. Which of the following is a benefit of brand promise: A) It increases the company's market share. B) It attracts employees to the company. C) It allows the company to pay higher salaries. D) It allows the company to stand out from the competition. Show Answer Correct Answer: D) It allows the company to stand out from the competition. 13. What kind of customer would make the following statement: "I just don't know which of these my girlfriend would like best. I had better come back at another time." ? A) Dishonest. B) Slow/Methodical. C) Disagreeable. D) Suspicious. Show Answer Correct Answer: B) Slow/Methodical. 14. We will cut employee injuries by 50% with our new safety protocol training A) Organizing. B) Controlling. C) Leading. D) Planning. Show Answer Correct Answer: D) Planning. 15. Maslow's Self-Actualisation Needs are similar to which of the Four Drives? A) Drive to Defend. B) Drive to Bond. C) Drive to Acquire. D) Drive to Learn. Show Answer Correct Answer: D) Drive to Learn. 16. Many people make the mistake of thinking that customer relationship management refers solely to A) Technology. B) Strategies. C) People. D) Processes. Show Answer Correct Answer: A) Technology. 17. The purpose of planning for the future is to ensure which of the following? A) You do not have to scarifice anything to have the job you want. B) You get a job immediately after graduating high school. C) You make choices today which will benefit you in the long term?. D) You obtain the biggest salary possible. Show Answer Correct Answer: C) You make choices today which will benefit you in the long term?. 18. Marketing Mix:Product (preparation for next week) We will learn about the Product Life Cycle (PLC)-How many stages are in the PLC? A) 5. B) 7. C) 12. D) 3. Show Answer Correct Answer: A) 5. 19. During-the-sale touch points should be designed to A) Get the customer's attention. B) Resolve any problems the customer has with the product. C) Show the customer what benefits the brand offers. D) Reinforce that the customer is making the right buying decision. Show Answer Correct Answer: D) Reinforce that the customer is making the right buying decision. 20. One of the characteristics of a formal structure is ..... A) Project partnerships. B) Departmentalization. C) Decentralization. D) Self-directed teams. Show Answer Correct Answer: B) Departmentalization. 21. What is another name for Hertzberg two theory motivation theory A) Happy & sad theory. B) Motivator & hygiene. C) Motivator & clean. D) None of above. Show Answer Correct Answer: B) Motivator & hygiene. 22. What do teaching and nursing have in common? A) They are in the same Career Cluster. B) You can receive certification for both jobs at technical schools. C) They are sometimes stereotyped as women's jobs. D) They both require doctoral degress. Show Answer Correct Answer: C) They are sometimes stereotyped as women's jobs. 23. Rita is the regional manager for a clothing retailer. She attends a ribbon cutting ceremony every time a new store opens for business. Which one of Mintzberg's managerial roles is she fulfilling? A) Leader. B) Liaison. C) Figurehead. D) Communicator. Show Answer Correct Answer: C) Figurehead. 24. The cost of designing a reliable, durable product is a(n) ..... cost. A) External failure. B) Appraisal. C) Prevention. D) Internal failure. Show Answer Correct Answer: C) Prevention. 25. Starting small in your business means you may NOT be able to: A) Develop a good reputation. B) Hire more people right away. C) Establish your business name. D) Build a loyal customer base. Show Answer Correct Answer: B) Hire more people right away. 26. Which of the following is an important function of mid-level management: A) To prepare workers' daily schedules. B) To serve as a link between top-level and first-line management. C) To make sure projects meet deadlines. D) To establish long-term objectives for the company. Show Answer Correct Answer: B) To serve as a link between top-level and first-line management. 27. Methods of determining wages and conditions? A) Awards, collective bargaining, unfair dismissal claim. B) Awards, enterprise agreement, individual contract. C) Enterprise agreement, awards, performance management. D) None of the above. Show Answer Correct Answer: B) Awards, enterprise agreement, individual contract. 28. Career advancement is a motivational strategy that can apply to which 2 theories? A) Maslow and Locke & Latham. B) Maslow and Lawrence & Nohria. C) Lawrence & Nohria and Locke & Latham. D) Lawrence & Nohria and Lewin. E) None of the above. Show Answer Correct Answer: B) Maslow and Lawrence & Nohria. 29. The quantity of goods that a firm has on hand. A complete list of items such as property, goods in stock, or the contents of a building is the definition of ..... A) Entrepreneur. B) Management. C) Inventory. D) Merger. Show Answer Correct Answer: C) Inventory. 30. Authority in an organization is delegated A) Started from the bottom now we're here. B) From top to bottom. C) Started from the bottom now the whole team is here. D) From one department to another. Show Answer Correct Answer: B) From top to bottom. 31. Which of the following is not a TQM essential component? A) Ivolving employees. B) Management decisions. C) Focusing on the customer. D) Quality management. Show Answer Correct Answer: B) Management decisions. 32. Management theory that studies the way work is organized and the procedures used to complete a job in order to increase worker productivity A) Administrative Management. B) Behavioral Management. C) Quality Management. D) Classical Management. Show Answer Correct Answer: D) Classical Management. 33. A study relating to the fixing of the working hours with rest periods to recoup the energy while performingin a job is called ..... A) Motion study. B) Time study. C) Fatigue study. D) Work-study. Show Answer Correct Answer: C) Fatigue study. 34. The idea that most people seek to meet the lower-level needs before they address higher-level needs is most closely associated with ..... A) Herzberg. B) McClelland. C) Maslow. D) Fiedler. Show Answer Correct Answer: C) Maslow. 35. Which principle of organizational design states that authority should flow in a clear, unbroken line from the top of an organization to the bottom? A) Staff authority. B) Responsibility. C) Scalar principle. D) Span of control. Show Answer Correct Answer: C) Scalar principle. 36. Define 'working capital' A) How easily an organisation can pay its short term debts. B) Payment to shareholders for having shares in a company. C) Selling shares on the stock market. D) None of above. Show Answer Correct Answer: A) How easily an organisation can pay its short term debts. 37. Which of the following is one way business can be categorized? A) By demographic. B) By width. C) By product. D) By salary. Show Answer Correct Answer: C) By product. 38. A democratic leader A) Makes all of the decisions. B) Lets each employee decide how work will be done. C) Encourages shared decision-making,. D) Does not make decisions. Show Answer Correct Answer: C) Encourages shared decision-making,. 39. When the hybrid vehicle was introduced, it was an example of a project that A) Enhanced an existing project. B) Created a new product using existing technology. C) Created new technology. D) Used entirely new technology. Show Answer Correct Answer: D) Used entirely new technology. 40. Management is the art and science of decision making and leadership ..... A) Harold Koontz. B) Donald J. Clough. C) Louis Allan. D) Terry. Show Answer Correct Answer: B) Donald J. Clough. 41. Tony works for a large insurance company. His job is to support the company president, schedule his/her appointments, and answer his/her phone calls. Tony works in A) Operations management. B) Human resource management. C) Marketing communications. D) Administrative services. Show Answer Correct Answer: D) Administrative services. 42. An innovation so important that it may change the industry itself A) Research and development. B) Positioning innovation. C) Paradigm innovation. D) Product innovation. Show Answer Correct Answer: C) Paradigm innovation. 43. Question 11 (1 point)What occurs in the planning function of management? A) Deciding what needs to be done and how it will be accomplished. B) Coordinating all those involved to achieve the company of departmental goals. C) Comparing what was planned with the actual performance. D) Delegating duties to other employees in the company. Show Answer Correct Answer: A) Deciding what needs to be done and how it will be accomplished. 44. Which of the following is not a KPI from our study design A) Staff Turnover. B) Percentage of Market Share. C) Benchmarking. D) Net Profit. Show Answer Correct Answer: C) Benchmarking. 45. Which of the following is not an aim of quality management? A) Minimise waste and defect rates. B) Achieve set quality standards. C) Obtain consistently high standards of product. D) Find strategies to optimise operations by cutting corners. Show Answer Correct Answer: D) Find strategies to optimise operations by cutting corners. 46. Price for products that are popular often will ..... A) Remain constant. B) Be worth less. C) Supply less. D) Be priced higher. Show Answer Correct Answer: D) Be priced higher. 47. What management function is being described in the following situation:David Thomas, a top-level manager, identifies jobs to be performed, assigns responsibility for them, establishes departments to handle the jobs, and determines how many and which employees mid-level managers will supervise. A) Controlling. B) Directing. C) Organizing. D) Planning. Show Answer Correct Answer: C) Organizing. 48. Which of the following is a true statement regarding project managers: A) Anyone with the right skills can be a project manager. B) Project managers are usually top-level executives. C) Math and computing are the most important skills for project managers. D) Project managers are only distantly involved in the project. Show Answer Correct Answer: A) Anyone with the right skills can be a project manager. 49. The manner and approach of providing direction, plans and motivation is called? A) Management Style. B) Management Direction. C) Management Decision. D) Decision Making. Show Answer Correct Answer: A) Management Style. 50. Rich works the cash register at a retail store. The store is unusually busy today, and Rich'sline has grown long. A woman at the back of the line remarks loudly, "This is absolutelyridiculous!" Rich's customer is A) Leave-me-alone. B) Impatient. C) Argumentative. D) Domineering/superior. Show Answer Correct Answer: B) Impatient. 51. What is human relations? A) The way people argue. B) Is the way people don't get along together. C) Is the way people get along with each other. D) The way human relationships work. Show Answer Correct Answer: C) Is the way people get along with each other. 52. At work, Amanda makes sure she resolves conflict quickly and listens to all sides. What is she accomplishing? A) Conflict management as a leader. B) Ethical decision making. C) Conflict management as a team member. D) Goal setting. Show Answer Correct Answer: A) Conflict management as a leader. 53. What type of business structure consists entirely of work group and teams which perform an organization's work? A) Team-based structure. B) Organizational structure. C) Group structure. D) None of above. Show Answer Correct Answer: A) Team-based structure. 54. A ..... structure is composed of self-contained units or divisions. A) Learning. B) Divisional. C) Matirx. D) Simple. Show Answer Correct Answer: B) Divisional. 55. Brynn manages employees who are new on the job and need quite a bit of supervision. Therefore, she can only supervise a few employees at once. Brynn's span of control is A) Tight. B) Open. C) Wide. D) Narrow. Show Answer Correct Answer: D) Narrow. 56. On an organizational chart a direct line of authority is indicated by a ..... line. A) Straight. B) Solid. C) Dotted. D) Diagonal. Show Answer Correct Answer: B) Solid. 57. Piece Rate System is contributed by A) Taylor. B) Louis Allan. C) Harold Koontz. D) Hendry Fayol. Show Answer Correct Answer: A) Taylor. 58. The consistency or repeatability of measurement. A) Validity. B) Effectiveness. C) Efficiency. D) Reliability. Show Answer Correct Answer: D) Reliability. 59. How many employees are in a small business? A) Usually less than 100 employees. B) Usually more than 100 employees. C) Usually less than 50 employees. D) None of above. Show Answer Correct Answer: A) Usually less than 100 employees. 60. A manager's team consistently hits sales targets and exceeds profit goals. The manager knows that s/he is a good director by examining A) Time standards. B) Quality standards. C) Employee turnover. D) Quantity standards. Show Answer Correct Answer: D) Quantity standards. ← PreviousNext →Related QuizzesEconomy QuizzesGeneral Knowledge QuizzesBusiness Management Quiz 1Business Management Quiz 2Business Management Quiz 3Business Management Quiz 4Business Management Quiz 5Business Management Quiz 6Business Management Quiz 7Business Management Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books