Quiz: Business Fundamentals MCQ

19 Questions | By MSalmons | Last updated: Mar 21, 2022 | Total Attempts: 790

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1.

Management is the process of achieving _______through people and other resources.
- A.
  
  Profits
- B.
  
  Status
- C.
  
  Organizational objectives
- D.
  
  Societal objectives
2.

Lupe is considered a ______. She spends most of her time in day-to-day decisions about assigning non-managerial employees to specific jobs.
- A.
  
  Staff manager
- B.
  
  Supervisory manager
- C.
  
  Mid-level manager
- D.
  
  Technical manager
3.

All of the following positions are considered to be part of top management EXCEPT ________.
- A.
  
  Staff manager
- B.
  
  Chief executive officer (CEO)
- C.
  
  Chief financial officer (CFO)
- D.
  
  Executive vice president
4.

Which level of management has the greatest need to see the organization as a unified whole and understand how each part interacts with other parts?
- A.
  
  Staff management
- B.
  
  Top management
- C.
  
  Middle management
- D.
  
  Supervisory management
5.

Human relations skills involve all of the following EXCEPT ___________.
- A.
  
  Understanding the techniques used in a specific discipline
- B.
  
  Communicating
- C.
  
  Leading
- D.
  
  Motivating
6.

First-line managers interact continuously with members of the work team. Therefore, they must posses effective _________.
- A.
  
  Conceptual skills
- B.
  
  Spelling skills
- C.
  
  Mathematical skills
- D.
  
  Human relations skills
7.

As someone moves up the managerial hierarchy, which skills become relatively less important?
- A.
  
  Technical skills
- B.
  
  Human skills
- C.
  
  Conceptual skills
- D.
  
  Supervisory skills
8.

Human relations skills involve ____________.
- A.
  
  Directing and controlling operations
- B.
  
  Understanding knowledge and tools of a specific discipline
- C.
  
  Leading and motivating workers
- D.
  
  Seeing the organization as a unified whole
9.

Which of the four functions of management lays the groundwork?
- A.
  
  Organizing
- B.
  
  Directing
- C.
  
  Controlling
- D.
  
  Planning
10.

Marcus is responsible for building and motivating about 10 other employees to accomplish various organizational objectives. Marcus is involved in the ________function.
- A.
  
  Planning
- B.
  
  Organizing
- C.
  
  Directing
- D.
  
  Controlling
11.

A manager is currently involved in classifying and dividing work into manageable units by determining the specific tasks necessary to introduce a new product. This manager is involved in the __________function.
- A.
  
  Planning
- B.
  
  Organizing
- C.
  
  Directing
- D.
  
  Controlling
12.

_________ planning is the most general and far-reaching type of planning.
- A.
  
  Tactical
- B.
  
  Strategic
- C.
  
  Contingency
- D.
  
  Operational
13.

___________planning attempts to implement activities and resource allocations.
- A.
  
  Tactical
- B.
  
  Strategic
- C.
  
  Contingency
- D.
  
  Operational
14.

____________planning helps to prepare for emergencies.
- A.
  
  Tactical
- B.
  
  Strategic
- C.
  
  Operational
- D.
  
  Contingency
15.

_______is the act of directing or inspiring others to perform activities designed to achieve specific objectives.
- A.
  
  Controlling
- B.
  
  Communicating
- C.
  
  Organizing
- D.
  
  Leadership
16.

Leadership is most often associated with the ability to ______.
- A.
  
  Communicate well with large groups of people
- B.
  
  Arrange activities that have to be performed in a systematic way
- C.
  
  Determine the most effective course of action
- D.
  
  Inspire others toward high levels of achievement
17.

Autocratic leaders’ _____.
- A.
  
  Make decisions on their own, often without consulting others
- B.
  
  Believe in minimal supervision
- C.
  
  Are open-minded leaders
- D.
  
  Involve subordinates in making decisions
18.

Autocratic leaders have all the following characteristics EXCEPT _________.
- A.
  
  Concentration of power with the manager
- B.
  
  Two-way communication
- C.
  
  Most decisions are made by the manager
- D.
  
  Employees are closely supervised
19.

Democratic leaders _________.
- A.
  
  Involve their subordinates in making decisions
- B.
  
  Let people know only what they need to know to do their jobs
- C.
  
  Are always the most effective leaders
- D.
  
  Leave all decisions to their subordinates