A Quick Business Management Sample Quiz

10 Questions | Total Attempts: 136

SettingsSettingsSettings
Please wait...
Business Management Quizzes & Trivia

Questions and Answers
  • 1. 
    As a leader you must get your company to believe that work and goals are worthwhile.
    • A. 

      True

    • B. 

      False

  • 2. 
    When participating in a meeting, you should give your opinion on every single topic.
    • A. 

      True

    • B. 

      False

  • 3. 
    When dealing with conflict in the office you should :
    • A. 

      Make a point to make an example in front of everyone ?

    • B. 

      Yell at employees to stop what they doing ?

    • C. 

      Calmly ask all involved to come to your office to resolve the matter in private ?

    • D. 

      Fire involved parties on the spot

  • 4. 
    ___________, also referred as COGS, or Cost of Sales, are direct costs or direct expenses because they are directly associated with making what the company sells (i.e - manufacturer), cost directly associated with the service the company supplies ( i.e - ISP - Internet Service Provider), or what a company would pay for what it sells in its stores ( i.e - retailers)
    • A. 

      Cost of Goods Sold

    • B. 

      Cost of Great Sales

    • C. 

      Cost of Goods Stolen

    • D. 

      Cost of Goods Support

  • 5. 
    Which one of the following is not a trait of strong leadership?
    • A. 

      Intimidate your employees

    • B. 

      Develop trust and credibility

    • C. 

      Share the vision with absolute clarity

    • D. 

      None of the above

  • 6. 
    You should try to manage each personality the same way as this will work.
    • A. 

      True

    • B. 

      False

  • 7. 
    To retain and keep employees you should always rule with intimidation.
    • A. 

      True

    • B. 

      False

  • 8. 
    A balance sheet is often described as a:
    • A. 

      Liability or Owners Equity

    • B. 

      "Snapshot" of the company's current financial situation

    • C. 

      Claims of owners against the business

    • D. 

      Option 4

  • 9. 
    Liabilities are what a company owes such as notes payable, trade accounts payable and bonds.
    • A. 

      True

    • B. 

      False

  • 10. 
    Friendly customer service creates a positive experience by being happy and willing to help, respectful and communicating with the individual as a person.
    • A. 

      True

    • B. 

      False

Back to Top Back to top