Business Management MCQ Quiz: Exam!

15 Questions | Total Attempts: 784

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Business Management Quizzes & Trivia

Questions and Answers
  • 1. 
    There are four main functions of Management. They are:
    • A. 

      Leading, Directing, Planning, Controlling

    • B. 

      Planning, Controlling, Staffing, Organizing

    • C. 

      Planning, Organizing, Controlling, Leading

  • 2. 
    A strategic planning tool used to evaluate the strengths, weaknesses, opportunities, and threats to a project. It involves specifying the objective of the project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective.
    • A. 

      Implementation Strategy

    • B. 

      SWOT Strategy

    • C. 

      Growth Strategy

    • D. 

      Focus Strategy

  • 3. 
    When organizing a company, you must decide which type of company you want to be.  Which of the following is NOT an option?
    • A. 

      Bureaucracy

    • B. 

      Sole Proprietorship

    • C. 

      Partnership

    • D. 

      Corporation

  • 4. 
    A group of people working together in a coordinated effort to reach certain goals can best be described as a(n)
    • A. 

      Authority

    • B. 

      Organization

    • C. 

      Special force

    • D. 

      Division

  • 5. 
    In this organization authority originates at the top and moves downward in a line:
    • A. 

      Matrix organization

    • B. 

      Team organization

    • C. 

      Line and staff organization

    • D. 

      Line organization

  • 6. 
    Leaders who do not listen to other people but make all the decisions themselves are known as
    • A. 

      Laissez-faire leaders

    • B. 

      Democratic leaders

    • C. 

      Autocratic leaders

    • D. 

      Coercive leaders

  • 7. 
    The lowest level of management is
    • A. 

      Supervisory management

    • B. 

      Middle management

    • C. 

      Senior management

    • D. 

      Upper management

  • 8. 
    A manager in this role decides how many and what kind of people a business needs to meet its goals, and then recruits select and trains the right people.
    • A. 

      Planning

    • B. 

      Staffing

    • C. 

      Leading

    • D. 

      Organizing

  • 9. 
    An organization that has many levels with small spans of management is called?
    • A. 

      Tall structure

    • B. 

      Flat structure

    • C. 

      Short structure

    • D. 

      Team structure

  • 10. 
    The idea that personality, social, or even physical traits determine good leadership is associated with?
    • A. 

      Reinforcement theory

    • B. 

      Path-goal theory

    • C. 

      Leadership theory

    • D. 

      Trait theory

  • 11. 
    The point at which increasing controls no longer increase performance or reduce costs is determined through
    • A. 

      Economic behaviors

    • B. 

      Setting standards

    • C. 

      Cost-benefit analysis

    • D. 

      Analyzing behavior

  • 12. 
    Which of the following is owned by one person?
    • A. 

      Parntership

    • B. 

      Sole Proprietorship

    • C. 

      Corporation

    • D. 

      LLC

  • 13. 
    Business Management Theory that assumes people are basically lazy and will avoid working if they can
    • A. 

      Theory X

    • B. 

      Theory Y

    • C. 

      Theory Z

    • D. 

      TQM