Basics of Business Unit 4

Question 1

Compensation in the form of direct payment of money to an employee for work completed is called

Accepted Answer

Salary and wages

Question 2

Most people enter the job market as a(n)

Accepted Answer

ENTRY-LEVEL EMPLOYEE

Question 3

Arranging resources in an orderly and functional way to accomplish goals and objectives

Accepted Answer

ORGANIZING

Question 4

An example of democratic leadership would be

Accepted Answer

acompany president who works with a board of directors

Question 5

Monitoring customer satisfaction is a component of the _____ function.

Accepted Answer

controlling

Question 6

Today’s leadership trend is toward

Accepted Answer

SELF-MANAGED TEAMS

Question 7

A confident leader does not have to be decisive.

Accepted Answer

FALSE

Question 8

Leadership style where leader sets goals for managers/employees and leaves them to get job done

Accepted Answer

FREE-REIN

Question 9

Giving managers and employees the power to run things is called

Accepted Answer

DELEGATING

Question 10

Informal management structures usually exist in

Accepted Answer

SMALL BUSINESSES

Question 11

Management function that requires managers to provide direction and vision

Accepted Answer

LEADING

Question 12

Which of the following can be used to recruit employees to hire?

Accepted Answer

All of the above

Question 13

Management includes the processes or functions of planning, organizing, leading and

Accepted Answer

CONTROLLING

Question 14

The study of how people interact in the workplace and how communication can be improved is

Accepted Answer

HUMAN RELATIONS

Question 15

The study of how people interact in the workplace

Accepted Answer

HUMAN RELATIONS

Question 16

While hiring employees, which step eliminates applicants who are not qualified for the job?

Accepted Answer

Filter cover letters and resumes

Question 17

An autocratic leader is one who

Accepted Answer

makes all of the business's decisions

Question 18

There is always only one top-level manager.

Accepted Answer

FALSE

Question 19

A police officer directing people in an emergency situation uses

Accepted Answer

AUTOCRATIC LEADERSHIP

Question 20

If a firm has employees, then some type of management plan is necessary.

Accepted Answer

TRUE

Question 21

An adherence to a code of ethical values such as honesty, loyalty, and fairness

Accepted Answer

INTEGRITY

Question 22

The chief operating officer or president of a company is a

Accepted Answer

TOP-LEVEL MANAGER

Question 23

Management function that involves obtaining/coordinating resources so objectives can be met is

Accepted Answer

ORGANIZING

Question 24

The process or functions of planning, organizing, leading, and controlling

Accepted Answer

MANAGEMENT

Question 25

The self-managed team approach started in _____.

Accepted Answer

JAPAN

Question 26

An employee hired for a specific time or assignment is what type of employee?

Accepted Answer

Temporary

Question 27

Leaders can exhibit only one style of leadership

Accepted Answer

FALSE

Question 28

A specific study of a job to identify in detail the job duties and skill requirements

Accepted Answer

job analysis

Question 29

A leadership style where 1 person runs everything & makes all decisions without asking others

Accepted Answer

AUTOCRATIC

Question 30

Giving managers and employees the power to run things and make decisions

Accepted Answer

DELEGATING

Question 31

In order for employees to have confidence in their leader’s abilities, a leader must have ____.

Accepted Answer

SELF-CONFIDENCE

Question 32

An example of initiative would be

Accepted Answer

FINDING A SOLUTION TO A PROBLEM ON YOUR OWN

Question 33

The act of keeping a company on track and making sure goals are met

Accepted Answer

CONTROLLING

Question 34

Providing direction and vision

Accepted Answer

Leading

Question 35

The leadership style that places most trust and confidence in workers is

Accepted Answer

FREE-REIN

Question 36

A self-managed team works best when members

Accepted Answer

COOPERATE

Question 37

Day-to-day supervision of employees is handled by

Accepted Answer

OPERATIONAL MANAGERS

Question 38

The act of dividing responsibility among specific units or departments

Accepted Answer

DEPARTMENTALIZED

Question 39

The planning function of management includes setting both short-term and long-term goals.

Accepted Answer

TRUE

Question 40

A democratic leader is one who

Accepted Answer

workswith employees to make decisions

Question 41

The process of creating goals and objectives as well as strategies to meet them is

Accepted Answer

PLANNING

Question 42

Leadership is no more than giving orders to your subordinates.

Accepted Answer

FALSE

Question 43

The ability to act and make decisions without the help or advice of others

Accepted Answer

INITIATIVE

Question 44

An effective leader has

Accepted Answer

ALL

Question 45

Taking a company and its employees in a direction based upon a vision

Accepted Answer

LEADERSHIP

Question 46

Good leadership is only needed in the business world.

Accepted Answer

FALSE

Question 47

A leadership style whereby managers work with employees to make decisions

Accepted Answer

DEMOCRATIC

Question 48

Managers have _____. Leaders have _____.

Accepted Answer

subordinates; followers

Question 49

The act or process of creating goals and objectives as well as the strategies to meet them

Accepted Answer

PLANNING

Question 50

The function of management that involves resolving conflicts between workers is

Accepted Answer

LEADING

Question 51

Giving managers and employees the power to run things and make decisions

Accepted Answer

Delegating

Question 52

Work groups that supervise themselves

Accepted Answer

SELF-MANAGED

Question 53

Reviewing employee performance is a component of the _____ function.

Accepted Answer

CONTROLLING

Question 54

A most important skill needed by managers is the ability to

Accepted Answer

MULTI-TASK

Question 55

Thirty to forty years ago, _____ leadership was the predominant style used in U.S.businesses.

Accepted Answer

AUTOCRATIC

Question 56

Good leaders manage others by leaving them alone.

Accepted Answer

FALSE

Question 57

Free-rein leadership has a strong focus on delegating.

Accepted Answer

TRUE

Basics of Business Unit 4

Questions 57

Basics of Business Unit 4

Questions 57