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Business Management
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Business Studies - Business Management Quiz
Flashcards
30 cards
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Practice quiz
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Questions
30
Answers
1
Which of the following will a sucessful leader not do?
Build and communicate a clear vision
Hire an unecessary ammount of staff
Resolve conflicts, which arise when change is implemented
Focus solely on one goal or area of business to improve in
2
Which of the following are not financial goals
Maximise growth
Increase environmental goals
Increase market share
Maximise profit
3
Which is not a circumstance that a manager may need to prepare to accept reduced profits
New trends/social influences
A competitive business closing down
A business introducing a new product
A business entering a new market
4
Leadership is...
The ability to multi-task
The ability to make people work hard & influence innovation
The ability to influence people to set and achieve goals
...
5
How is communication used in the business field?
To socialise with colleagues
none of the above
To talk about each other's life and hobbies
To discuss about the situations around the world
6
What is the marketing mix?
Fancy tango dance
The 4 “p’s” place. Price, product, promotion
Different forms of marketing and advertising
The recipe for marketing
7
What are the four key business functions?
Human resources, management, strategies, marketing
Finance, marketing, tricks, debt
Operations, finance, wealth, happiness
Operations, marketing, finance, human resources
8
What are the 4 stages for human resource in order in chronicle order?
Acquisition, maintenance, training, separation
Separation, acquisition, maintenance, training
Employ, contract,maintenance,separation
Acquisition, training, maintenance, separation
9
What are the two types of change
segmented and organised
forseeable and planned
transformational and incremental
structural and cyclical
10
Which of the following are the two strategies for overcoming resistance to change?
creating a culture of change, providing positive leadership
forming new management, hiring a business consultant
Expanding business, making a structural change
Hiring more employees, Relocating
11
Which of the following are not strategies of maximising growth
Merging or aquiring other businesses
Protecting a business' existing market share
Purchasing new equipment
Employ more staff members
12
Which skill is required for a meeting with a group of colleagues?
Accuracy
Coaching
Communication
Determination
13
What are the three levels of planning?
social, environment and personal
primary, secondary and tertiary
innovation, motivation and mentoring
strategic planning, tactical planning & operational planning
14
Which of the statement matches with its content?
Income statements- expenses incurred
Cash flow statements- financial stability
Cash flow statements- income received
Balance sheets- information about liquidity
15
What are the two forms of recruitment?
Legal, illegal recruitment
Forced, voluntary recruitment
Public, private recruitment
External, internal recruitment
16
who developed the principles of scientific management?
Employers
Egyptians
Frederick W Taylor
J. Taylor
17
Operations mainly contain_______,_______, and______.
Transformation, outputs, service
Inputs, transformation, outputs
Outputs, inputs, management
Inputs, transformation, technology
18
Effective managers are those who...
have a good relationship with employees
posses a range of management skills
makes a lot of money
are popular within the society
19
What are the 4 types of contracts/agreements when employing an employee?
Award, enterprise ,individual workplace, common law contract
Paper, online, verbal, fake.
Green, blue, red, yellow.
20
Separation can be ………… and …………
Sad, hard to deal with
short ,far
Voluntary, involuntary
21
The main management functions of behavioural management approach are...
increase market share and maximise growth
improve share price and maximise profit
voluntary and involuntary
leading, motivating and communicating
22
These are the methods of motivating staff, except….
Take on interest in employee's development
Make clear expectations
Communicate with staff irregularly
Encourage suggestions
23
When managing quality, businesses will...
Minimise waste and defects
Research other businesses
Take surveys
Check equipment
24
What is an example of a social goal
Community service
Improve share price
Adopting preactices of 'recycle, renew, regenerate'
Balance of economic and environmental goals
25
Maintenance of employees can be...
monetary and nonmonetary benefits
Fixing cracks in the walls & updating the business' look
26
The contingency management approach stresses the need for _ and _ of management practices.
communications, fairness and honesty
flexibility, adaption
operation, human resource
finance, marketing
27
What management approach focuses on the leading, motivating and communicating role of managers
Scientific
Contingency
Behavioural
Classical
28
Which of the following is not a reason change may be resisted?
Disruption to routine
Fear of unknown
Time
Globalisation
29
A bad manager is...
one who talks about irrelevant things everyday
All of the above
one who is ignorant
One who does not apply management skills in his work
30
The information of accounting will encourage…
Customers
Planning that is purposeful
To work in the Commonwealth bank
Study harder for the HSC
