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Busman unit 3 AOS 1 Flashcards | StudBud
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Busman unit 3 AOS 1
Busman unit 3 AOS 1
45 terms
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Flashcards
45 cards
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Practice quiz
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Questions
45
Answers
1
Which is not an objective:
Profit
Liquidation
Increased market share
Shareholder expectations
2
Types of communication
organisational
verbal
interpersonal
non-verbal
3
Money is the main motivator:
Paticipative
Persuasive
Consultative
Autocratic
4
Percentage of total sales business has within a particular market
Market need
shareholder expectations
Social need
Market share
5
People with a
vested
in a business and its performance
KPIs
Consultative
Management styles
Stakeholders
6
A charity is an example of a:
Private company
Government business enterprise
Public company
Social enterprise
7
Good in time of crisis:
Autocratic
Laiezz-Faire
Consultative
Persuasive
8
Managers allow employees to make decisions for themselves:
Laisezz-Faire
Autocratic
Persuasive
Participative
9
formula for profit
Profit = expences % revenue
Profit = expenses - revenue
Expenses = revenue - Profit
Profit = revenue - expences
10
Liquidation
become a separate legal entity
Shareholders cannot be personally responsible
When a business can't pay its debts
ending a business, selling assets and paying debt
11
responsible for the initiation process:
Owners
Employees
HR
Management
12
not
a level of planning
Tactical
Physical
Strategic
Operational
13
'Free mans' management style
Autocratic
Laisezz Faire
Consultative
Persuasive
14
Good feedback
Consultative
Participative
Laisezz-Faire
Autocratic
15
Which is not a stakeholder in the internal environment?
Government
Employees
Owners
Directors
16
Deal or liaise with people, build positive work relationships
Problem-solving
Leading
corporate culture
Interpersonal
17
which is not an interest groups
Consumer groups
Specific issue
Government
Trade unions
18
Controls sales revenue:
HR
Operations
Financial
Sales and marketing
19
limited liability
Private
Sole trader
Partnership
Public
20
Which of these refers to a partnership?
Public disclosure
Low startup costs
Personal Liability
Shares listed on the stock exchange stock
21
The first stage in an action plan:
Evaluate
Alternatives
Identify problem
Information
22
struggle to obtain capital
social enterprise
GBE
Public Limited company
23
When a business can't pay its debts
Insolvency
liquidation
Limited liability
Incorporation
24
Anyone purchasing organisations' goods or services
Employees
special interest groups
Customers
Suppliers
25
Information from sender to receiver, listening to feedback:
Communicating
Delegating
Planning
Leading
26
Decentralized communication
Persuasive
Autocratic
Consultative
Communicative
27
Employee contribution not considered?
Persuasive
Participative
Consultative
Laisezz-Faire
28
Not conducive to teamwork
Consultative
Laisezz-Faire
Participative
Autocratic
29
0 - 1 years (short-term) plan
Strategic
Tactical
Planning
Operational
30
Why a manager may be good at delegating
Disorganised
Trusting
Feel threatened
Focused on short-term
31
The ability of a business to develop strategies so they can maintain an edge over competition
Competitive market
Competitive advantage
Competition
Specific interest groups
32
which is a leadership quality
Insecure
Shy
Doubtful
Interpersonal
33
Most popular management style:
Laisezz-Faire
Participative
Autocratic
Consultative
34
Triple bottom line
private, social, technology
social, personal, economic
economic, social and environmental
economic, market, public
35
Formal authority is parred down the businesses hierarchy
Planning
Delegating
Management skills
Communicating
36
self - funded
Social enterprise
GBE
sole trader
Public limited
37
The degree to which a business has achieved its stated objectives
Effectiveness
Efficiency
Environment
Enterprise
38
Can directors ever be personally responsible in a limited liability company?
No
Yes
39
Which of these is an advantage of being a sole trader?
Low cost
Cant operate if the owner is sick
personal liability
Struggle to obtain capital
40
'A' in CAD and CAM stands for?
Aided
Automated
Arranged
Assisted
41
Defining the specifics of the tasks to be delegated:
Analysis
Briefing
Appointment
Appraisal
42
Shared values, ideas, beliefs and expectations shared by members of an organisation
Decision-making
Problem-solving
Corporate culture
Communicating
43
2-50 Shareholders
Public limited
Partnership
Sole trader
Private limited
44
Key performance indicators:
Develop stratagies > set objectives > analyse performance
Analyse performance > develop stratagies > set objectives
Set objectives > analyse performance > develop stratagies
Set objectives > develop stratagies > analyse performance
45
Which is the long term plan in this image?
Strategic
Delegating
Interpersonal
Planning