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Mr. Null Business Management 1- Unit 1 Review Flashcards | StudBud
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Mr. Null Business Management 1- Unit 1 Review
Mr. Null Business Management 1- Unit 1 Review
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Answers
1
Administrative services is a career path that falls under business management
True
False
2
Which of the following is a benefit of being accountable for your own goals:
You can learn form your mistakes
You will not receive credit for successes.
You will accomplish each goal you set
You don't have to accept responsibility for failures
3
What should you do when creating a schedule for your project?
Determine when certain parts of the project are due.
Figure out exactly when you will get each part of the project done.
Identify the risks that could affect your schedule.
Break down the work into specific activities and tasks.
4
Which of the following is the main purpose of management:
● To accomplish the business’s goals
● To obtain the needed resources
● To create a pleasant working atmosphere
● To reach a specific level of productivity
5
What is the
most
important resource to a business?
Sales revenue
Office Supplies
Employees
Equipment
6
The best business career prospects are available to candidates who have
Earned a High School Diploma
A background in accounting
A stockbroker's license
Earned a bachelor's degree
7
Process Improvement Specialists and Call Center Supervisors would be considered which type of management positions?
Human Resources
Supply Chain
Operations
General
8
Jenn has bookkeeping responsibilities at her new job. In what department does she likely work?
Accounting
Marketing Research
Securities and Investments
Operations Management
9
What is the first step you should take when planning a project?
Identify Project Stakeholders
Identify Resources
Determine Quality Standards
Develop a draft plan
10
Work rules are created in order to maintain an effective work environment.
True
False
11
A willingness to learn, to change, and to take occasional risks all refer to a leader with business knowledge:
A passion for work and people
Credibility
Flexibility
12
Bo’s job is to choose and buy clothing for a retail store. His career is in the area of:
Professional Selling
Marketing Research
Merchandising
General Management
13
What type of resource studies the business's previous sales statistics before before making purchasing decisions?
Human
Information
Material
Financial
14
Carl was just hired for a new job. The employee who interviewed him and took him through the hiring process works in:
Human Resource Management
Banking Services
Marketing Management
Operations Management
15
Which of the following is a benefit of visualizing your goal:
Sequencing smaller subgoals
Changing your goal when necessary
Looking at your goal on paper every day
Avoiding distractions
16
What is the first thing you should do when breaking down your goal?
Pinpoint your main goal.
Pinpoint your main goal.
Update your goals.
Split your main goal into several smaller goals.
Prioritize your goals.
17
The simple definition of a leader is one that
Lives by a moral and ethical code
Ready to take action at a moment's notice
Can recognize a bad situation and alert others
Has the ability to guide or direct the actions of others
18
The purpose of management in a business is to:
Achieve the objectives
Compile Financial Data
Design Advertising
Prepare the books
19
Which job is considered an office management career?
Chief Operations Officer
Import/Export Analyst
Sanitation Worker
Adminisitrative Assistant
20
Is Jackson PLANNING to increase business sales by 15% by increasing the business's advertising budget?
True
False
21
Leadership is especially important at the beginning of a business because
Businesses cannot afford to pay employees
Only certain types of people can be leaders
start-up failure rates are high.
Every company must have a president
22
Anyone can be a leader, no matter the position/rank.
False
True
23
If one wants people to believe what one says and follow him/her, one must exhibit
Self-Awareness
Competence
Decisiveness
The ability to share a vision
24
Which industry includes brokerage firms and stock exchanges?
Securities and Investments
Business Information Management
Professional Selling
Corporate Finance
25
How can you make sure your project plan is realistic and thorough?
Obtain feedback from your team
Create a budget
Identify project stakeholders
Use to-do lists
26
Which person has a general manager career?
Antonio is his company's quality manager
Sandy manages a small business
Shirley specializes in sustianable energy
Bill is a labor relations manager
27
Abby prepares bills and invoices for her company. Her career is in the area of
Professional Selling
Corporate Finance
Securities and Investments
Marketing Communications
28
Which basic of goal setting may take some time to accomplish?
Visualizing your goal
Choosing your goal
Writing your goal down
Breaking your goal down
29
Which of the following is a career area in business:
Mathematics
Marketing
Health Care
Entertainment
30
A plant manager or a department head would be an example of which level of management?
Operating
Top
Middle
Supervisory
31
A business plan helps business people see the risks and responsibilities involved in starting a business.
False
True
32
Which of the following is a career area in business management:
Insurance
Accounting
Business Information Management
Professional Selling
33
There are a number of activities that must be performed by all managers no matter what the type or size of the company.
True
False
34
Which of the following is a career area in finance:
General Management
Professional Selling
Insurance
Marketing Communications
35
Sally determines the type of workers, locates qualified alocates and qualified applicants and selects those to be hired
Controlling
Directing
Planning
Staffing
36
Benefits Administrator, Labor Relations Manager, and Compensation Analyst are positions within:
Operations Management
Human Resource Management
Supply Chain Management
Business Analytics
37
Which of the following is a benefit of goal setting:
Ensuring you accomplish all your goals
Providing a way to measure your progress
Impressing other people with your goals
Distracting you from your target
38
It is appropriate to change a goal when
someone doesn’t like your goal
you get bored with it.
It gets difficult to work toward it.
there is a change in available resources.
39
Determining quality standards is the first step when planning a project.
False
True
40
Russell works as a public relations manager. His career is in the area of
Marketing Communications
Marketing Communications
Professional Selling
Operations Management
41
Employees who have supervisory responsibilities for part or all of the business work in
Merchandising
Securities and Investments
General Management
Business information Management
42
Department Manager, Small Business Manager, and Regional Manager are positions in:
Operations Management
Business Analytics
General Management
Human Resources Management
43
You should NOT incorporate risk management into your project plan.
True
False
44
Megan has just been hired as a brand manager at a retail chain. Her career is in the area of
Operations Management
Professional Selling
Banking Services
Marketing Management
45
Leader's who believe in integrity;
All the above
Share a belief in justice
Desire to do the right thing
Awareness of the rights of others
46
The
most
important resource to a business is its employees
False
True
47
Which employee has a human resources management career?
Helps his company align business/ IT goals to aid in business decisions
Madison supervises the storing and handling of her company's products.
Lydia is in charge of communicating with her business's suppliers.
Brian is in charge of orienting new employees to prepapre for their job.
48
The main purpose of management is: To create a pleasant working atmosphere
False
True
49
Lainey figures out that she needs to hire two temporary people to enter data for her new website. Lainey is:
Planning communications
Developing quality standards
Identifying resources
Keeping the project organized
50
The top officer of a corporation is referred to as a CFO.
False
True
51
Which of the following skills is at the core of most business activities:
Math Skills
Creativity
Communication Skills
Computer/ technology skills
52
What level of management is responsible for purchasing the proper resources for workers to use in doing their jobs?
Middle
Supervisory
Top-Level
First-Line
53
Which type of business management and administration career is all about people?
Human Resources Management
Business Analytics
Operations Management
Supply Chain Management
54
Tim analyzes how a 10% reduction in office staff could impact the rest of the company. Tim is demonstrating:
Jon- Knowledge Skills
Interpersonal Skills
Conceptual Skills
Technical Skills
55
An example of a performance goal is
Mastering Microsoft Excel
Completing your financial-planning certification
Learning precision machinery techniques
Understanding the basics of hotel management
56
Communication skills are at the core of most business activities.
False
True
57
Morgan doesn’t give in to her impulses of anxiety or anger; instead, redirects appropriately. Is this self management
True
False
58
Abby prepares bills and invoices for her company. Her career is in the area of
Corporate Finance
Securities and Investments
Marketing Communications
Professional Selling
59
Effective leaders are born with the necessary skills; the skills cannot be learned.
False
True
