Management Principles Review

What can be the consequence if a business violates government regulations?

Which would fit a more formal corporate climate?

Major advantage of a corporation

A corporation is controlled by this.

Job evaluation

Which is a report of net income or net loss over an accounting period?

The most highly-valued quality in a leader.

Shaking hands or exchanging gifts

What government agency protects consumers from dangerous or falsely advertised products?

Good management requires which of the following?

Government agency that protects consumers from dangerous or falsely advertised products.

Which of the following gives authority to a number of different managers to run their own dept?

Which of the following is an evaluation of how well an employee is doing?

Private hospitals, schools, and museums

Which of the following is a business owned by two or more persons who share risks and rewards?

Item of value your business owns

Which of the following describes work groups that supervise themselves?

Which is the process of finding, selecting, training, and evaluating employees?

Business owned by one person

Puts authority in one place, with top management

Plant managers, regional managers, and department heads.

Which is not a leadership style?

Which of the following refers to how much a job pays and the benefits offered?

Flexible work hours

Differences in age, gender, education, and ethnicity.

Which of the following helps you predict how much money you'll need and how to control spending

Most businesses use this strict set of guidelines for maintaining ethics in the workplace.

Looking for qualified job candidates

What is the report of the financial state of your business on a certain date?

What agency sets and enforces work-related health and safety rules?

Federal agency that enforces rules that protect the environment and control pollution.

Started in Japan and moved to the United States

Finding, selecting, and training employees

Instead of giving orders, you make decisions with a team

What is lacking if someone is a good manager, but not a good leader?

Organization structure when top of the line managers are in charge of those beneath them

The Age Discrimination in Employment Act was passed a to protect which group of workers?

Detailed outline of a specific job.

Leadership style where one manager makes all the decisions.

What is a one-year accounting period called?

Promote cooperation among workers of difference backgrounds

Managers who are responsible for the daily functioning of the business.

A business that moves products between businesses or businesses and the public

Presidents, vice presidents, and chief executive officers

Using personal activities or actions to advance his career at the expense of another

What is identifying someone by a single trait or certain group rather than as an individual?

Ocean Spray, an organization owned and operated by cranberry growers, is an example of a

Professional's or company's set of guidelines for upholding ethical behavior

Used this to prevent boredom, keep morale high, and teach a variety of work experiences.

Which level of management includes supervisors, office managers, and crew leaders?