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Business Management Unit 1 Review Flashcards | StudBud
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Business Management Unit 1 Review
Business Management Unit 1 Review
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Flashcards
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Questions
15
Answers
1
A manager evaluates production output by comparing to the production goals for that time period. Which function is this?
Directing
Organizing
Controlling
Planning
2
Businesses usually hire front-line managers from Competitors.
False
True
3
A manager helps an employee count the money in the cash drawer & prepare a bank deposit. What does this demonstrate?
Aggressive Behavior
Natural Talent
Creativity
Technical Skills
4
Managers do not need to know how to do the work of the workers. They just need to motivate the workers to achieve goals.
False
True
5
American Eagle gave me a refund since I had my receipt and the item was not worn. This is an example of a store policy.
False
True
6
Which of the following is an important function of Mid-Level Mgers?
To establish long-term objectives of the company
To serve as a link between top-level and front-line managers
To prepare daily schedules
To make sure projects meet deadlines
7
Which of the following are examples of top-level management job titles?
Floor Supervisor, Area Supervisor
President, Senior Vice President
Collections Supervisor, Crew Chief
District Manager, Regional Sales Manager
8
What is the main purpose of management?
To reach a specific level of productivity
To create a pleasant working atmosphere
To obtain resources needed
To accomplish the business' goals
9
Christy determines the type of worker needed, locates qualified applicants & selects new hires. What function is this?
Controlling
Staffing
Planning
Directing
10
Which of the following do many businesses believe to be their most important resource?
Equipment
Employees
Office Supplies
Sales Revenue
11
Sam set a goal of increasing sales by 15%. To reach the goal he must increase advertising budget. What function is this?
Directing
Controlling
Planning
Organizing
12
What must managers be able to do if they want employees to understand the business' goals and be productive?
Communicate Clearly
Ask Questions
Obtain Feedback
Listen Carefully
13
Which of the following are examples of middle-management job titles?
President, Senior Vice President
Floor Supervisor, Area Supervisor
District Manager, Regional Sales Manager
Collections Supervisor, Crew Chief
14
Jared was just hired for a new job. The person who interviewed him and took him through the hiring process works in
operations management
marketing management
human resource management
accounting
15
A manager studies the previous sales statistics and the sales forecast. What type of resource is the manager using?
Information
Human
Financial
Material