Test Your Business Management Skills With This Quiz

12 Questions | Total Attempts: 1242

SettingsSettingsSettings
Please wait...
Business Management Quizzes & Trivia

How much do you know about business?


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