A Quick Quiz On Business Studies

52 Questions | Total Attempts: 164

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A Quick Quiz On Business Studies

Here we present you A Quick Quiz on Business Studies. With the midterms around the corner, a good practice test can be the difference between that good grade and the lesser one. If you are studying for a midterm in business studies, the practice quiz below is perfect for you. Give it a shot and see if you need more studying hours.


Questions and Answers
  • 1. 
     The following are considered informational roles which managers may perform EXCEPT:
    • A. 

      Monitor

    • B. 

      Disseminator

    • C. 

      Liaison

    • D. 

      Spokesperson

  • 2. 
    The following are considered decisional roles managers may play in their organizations EXCEPT:
    • A. 

      Entrepreneur

    • B. 

      Figurehead

    • C. 

      Negotiator

    • D. 

      Disturbance handler

  • 3. 
    Someone who works at Procter & Gamble who is responsible for the production, marketing, and profitability of the Tide detergent product line is called a:
    • A. 

      General manager

    • B. 

      Line manager

    • C. 

      Team manager

    • D. 

      Supervisory manager

  • 4. 
    A general manager is someone who is responsible for managing:
    • A. 

      An identifiable revenue-producing unit

    • B. 

      A sub-group of a particular function or team comprised of members from different parts of the organization.

    • C. 

      A function that creates indirect inputs, such as finance and accounting.

    • D. 

      An area such as accounting and marketing.

  • 5. 
    The process of enabling individuals to work in autonomous ways is called:
    • A. 

      Empowerment

    • B. 

      Management

    • C. 

      Leadership

    • D. 

      Strategic management

  • 6. 
    The decisional managerial roles include all of the following EXCEPT:
    • A. 

      Entrepreneur

    • B. 

      Negotiator

    • C. 

      Disseminator

    • D. 

      Resource allocator

  • 7. 
    Managers are responsible for getting activities completed efficiently and achieving the firm’s goals by utilizing:
    • A. 

      Human, financial, and material resources.

    • B. 

      Information, human, and service resources.

    • C. 

      Human resources, organizational competitiveness, and organizational goals.

    • D. 

      Financial resources, top management, and organizational goals.

  • 8. 
    A difference between management and leadership can be defined in the following way:
    • A. 

      management is human capital, and leadership is directing staff;

    • B. 

      Management is getting things done, and leadership is deciding what needs to be done;

    • C. 

      management is getting things done, and leadership is inspiring action taken by others,

    • D. 

      Management is a position of authority or power, and leadership is inspiring action taken by others.

  • 9. 
    Leadership, entrepreneurship and strategy are:
    • A. 

      Critical characteristics of an organization.

    • B. 

      Inspiration for valuable principles of management.

    • C. 

      Guidelines for daily action of managers.

    • D. 

      Answers to making the right choices in management decisions.

  • 10. 
    Strategy is the concept of how an organization will achieve its objectives; therefore strategic management is:
    • A. 

      Knowledge to help in the development and implementation of strategies.

    • B. 

      Definitions to help in the development and implementation of good strategies.

    • C. 

      Processes to help the organization in the development of strategies.

    • D. 

      The purpose of developing strategies in an organization.

  • 11. 
    The principles of management are drawn from a number of academic fields, principally the fields of:
    • A. 

      Leadership, management and communication.

    • B. 

      Leadership, management and strategy.

    • C. 

      Leadership, psychology, and management.

    • D. 

      management, psychology and strategy.

  • 12. 
    Three different types of planning used in the function of management are:
    • A. 

      Strategic, tactical, and operational,

    • B. 

      Leadership, management and strategy.

    • C. 

      Leadership, psychology, and management.

    • D. 

      Management, psychology and strategy.

  • 13. 
    • A. 

      The structure of an organization

    • B. 

      The strategies of an organization.

    • C. 

      The environment of an organization

    • D. 

      The various roles in an organization.

  • 14. 
    • A. 

      Goals and objectives and specifies ways to achieve them.

    • B. 

      A mission statement of the organization and specifies ways to develop the goals and objectives for the strategies.

    • C. 

      A strategic plan.

    • D. 

      A tactical plan and specifies ways to achieve the goals.

  • 15. 
    Tactical planning is designed to develop:
    • A. 

      Specific action steps that support the strategic plan

    • B. 

      Specific action steps to develop the strategic plan.

    • C. 

      Specific action steps to implement the strategic plan.

    • D. 

      The organization’s mission and objectives for the strategic plan.

  • 16. 
    Environmental scanning is the act of analyzing the critical external contingencies facing an organization in terms of:
    • A. 

      Economic conditions, employees capabilities, and stakeholders.

    • B. 

      Economic conditions, competitors, and customers.

    • C. 

      Competitors, and economic and financial capabilities.

    • D. 

      Stakeholders, community conditions and customers.

  • 17. 
    The managerial function of controlling should not be confused with:
    • A. 

      Control in behavior of the employees.

    • B. 

      Control the accomplishment of organizational goals.

    • C. 

      Control the accomplishment of departmental objects.

    • D. 

      Control the actions of employees to ensure success.

  • 18. 
    Effective controlling requires the existence of plans,
    • A. 

      Since planning provides the necessary performance standards or objectives.

    • B. 

      Since understanding the mission of the organization requires strategic plan.

    • C. 

      Since control techniques are budget and performance audits.

    • D. 

      Since managers must show compliance with company policies.

  • 19. 
    • A. 

      In the job design.

    • B. 

      In the chain of command.

    • C. 

      In the operational plan.

    • D. 

      In the tactical plan.

  • 20. 
    1. The difference between group and team is:
    • A. 

      A collection of people is not a team

    • B. 

      Complementary skills are found in a group but not a team

    • C. 

      The aim and purpose of a group is to perform in the workplace

    • D. 

      Groups are defined by their relatively small size.

  • 21. 
    • A. 

      The compatibility between individual and group performance

    • B. 

      Incentives need to be aligned between individuals and groups

    • C. 

      Match organizational goals with group goals

    • D. 

      Ensure a reward structure for individual and group performance

  • 22. 
    1. The purpose of assembling a team is:
    • A. 

      To work on agendas in the context of a group

    • B. 

      To accomplish bigger goals than any that would be possible for the individual working alone

    • C. 

      To increase mutual cooperation between competing factions

    • D. 

      Gather together a group of individuals and mold them into an effective team

  • 23. 
    • A. 

      Goals and objectives

    • B. 

      Goals and incentives

    • C. 

      Objectives and strategy

    • D. 

      Incentives and strategy

  • 24. 
    1.     Helping behavior as an organizational citizenship behavior includes all EXCEPT the following:
    • A. 

      Altruism

    • B. 

      Peacemaking

    • C. 

      Obedience

    • D. 

      Cheerleading

  • 25. 
    • A. 

      Organizational loyalty

    • B. 

      Organizational compliance

    • C. 

      Individual initiative

    • D. 

      Sportsmanship