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Business Management 1.02 Flashcards | StudBud
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Business Management 1.02
Business Management 1.02
20 terms
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Summer 2019 version. Questions taken directly from the associated LAP.
Flashcards
20 cards
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Questions
20
Answers
1
Creating a team atmosphere and rewarding employees is an example of:
Planning
Directing
Organizing
Controlling
2
A manager who considers how a one-person reduction in office staff could impact the company is demonstrating
job-knowledge skills
conceptual skills
interpersonal skills
technical skills
3
A manager who help an employee county the money in a cash drawer and prepare a bank deposit is demonstrating
Natural Talent
Aggressive Behavior
Technical Skills
Creativity
4
Which of the following is an important function of MID-level mgmt?
Serve as a link btw top level & first line mgmt
Make sure projects meet deadlines
Establish long term objectives for the company
Prepare worker's daily schedules
5
A top level manager identifies jobs to be performed, assigns responsibility for them, etc. What function is this?
Planning
Controlling
Directing
Organizing
6
Who is normally responsible for purchasing the proper materials?
Supervisory Managers
First Line Workers
Top Level managers
Middle Managers
7
Why should managers know how to do the work of the workers they supervise?
Create team spirit
Establish a chain of command
Coordinate employee's efforts
To have realistic expectations for workers
8
What must managers be able to do it they want employees to understand the business's goals and be productive?
Communicate Clearly
Obtain feedback
Listen Carefully
Ask questions
9
Which of the following statements about first line mgmt is TRUE?
Business typically hire them from inside the company
Not responsible for carrying out middle mgmt's plans
Fewer 1st line managers than middle or top
Never work side by side w/ employees
10
Determining the type of workers needed, locating qualified applicants, & selection is what function?
Controlling
Directing
Planning
Staffing
11
A manager studying the previous sales statistics as well as forecasts is using
Information
Human
Financial
Material
12
In order to increase sales, a manager increased the advertising budget. This is an example of what function?
Organizing
Planning
Controlling
Directing
13
Which of the following is the main purpose of management?
reach a specific level of productivity
obtain needed resources
accomplish the business's goals
create a pleasant work atmosphere
14
Which of the following are examples of TOP LEVEL management job titles:
Collections supervisor, crew chief & production manager
Floor Supervisor, area supervisor & setion manager
DM, dept. head and Regional Sales manager
President, Sr. VP, & CEO
15
Which of the following do many businesses believe to be their most important resource?
Office Supplies
Equipment
Sales Revenue
Employees
16
Why do all businesses need financial resources?
Develop cash budgets
Pay operating expenses
Negotiate bank loans
Manage Investment accounts
17
Evaluating production output against production goals is:
Directing
Planning
Controlling
Organizing
18
Why do top-level managers usually receive high salaries?
Their decisions affect the entire company
Responsibilities involve hands-on supervision
More experience than others
They are required to attend a lot of meetings
19
Which of the following are examples of first line mgmt?
Collections Supervisor, Crew Chief, & Prod. Sup.
Sr. VP., CEO & regional VP
Pres., Sr. VP., & CEO
VP, dept. head, regional sales manager
20
Which of the following are examples of MIDDLE management jobs?
Floor Sup., Area Sup. & Section Manager
Collections Sup., Crew Chief, and Prod. Sup.
President, Sr. VP., and CEO
DM, Dept. Head., & Regional Sales Manager