Business Management MCQ Quiz: Exam!
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- 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
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