Test Your Business Management Skills With This Quiz

12 Questions | By Joalston | Updated: Mar 22, 2022 | Attempts: 7273

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Test Your Business Management Skills With This Quiz - Quiz

Would you like to test your business management skills? For this quiz, you will be responsible for describing a compromising management style, explaining an authoritarian management style, what needs to be done when you are the manager of a business and all the different kinds of planning involved in maintaining a business. This quiz will teach you what you need to learn about having business management skills.

Questions and Answers

1.

How would you describe an authoritarian (or controlling) management style?
- A.
  
  A manager who involes employees in decision making.
- B.
  
  A manager who asks staff for feedback before making a decision.
- C.
  
  A manager who likes to make all decisions by him/herself.
2.

How would you describe a compromising management style?
- A.
  
  A manager who likes to make all decisions by him/herself.
- B.
  
  A manager who involes employees in decision making.
- C.
  
  A manager who sets the goals of the business and communicates 'downwards' to employees.
3.

How would you describe a democratic management style?
- A.
  
  A manager who likes to make all the decisions.
- B.
  
  A manager who sets the goals of the business and communicates 'downwards' to employees.
- C.
  
  A manager who involves employees in decision making and aims to benefit both the business and personnel as a result of decisions that are made.
4.

How would you describe an accommodating (or laissez-faire) manager?
- A.
  
  A manager who avoids making decisions, instead, leaving it up to other staff.
- B.
  
  A manager who involves employees in decision making and aims to benefit both the business and personnel as a result of decisions that are made.
- C.
  
  A manager who likes communication with employees to go in both directions: from management to emoployees, and back upward to the manager.
5.

One management role in the business process is to PLAN.
- A.
  
  True
- B.
  
  False
6.

Planning is...
- A.
  
  Where management directs employees on "what to do."
- B.
  
  A management role where the procedures for meeting organisational goals are developed.
- C.
  
  A process of controlling the assets of the business.
7.

Strategic planning is...
- A.
  
  Short term planning.
- B.
  
  Long term planning.
8.

Action planning is...
- A.
  
  Short term planning.
- B.
  
  Long term planning.
9.

A plan is a proposed method to be used to achieve the organization's goals and objectives.
- A.
  
  True
- B.
  
  False
10.

Planning and goal setting are important because they give the manager focus and direction.
- A.
  
  True
- B.
  
  False
11.

A business can set goals in a number of areas. Goals are vital in assisting the manager to focus on the details of...
- A.
  
  Loan repayments.
- B.
  
  The strategic plan.
- C.
  
  Short term cash flow.
12.

Once a business has been established, ongoing monitoring by the owner is no longer necessary.
- A.
  
  True
- B.
  
  False