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Raines - Business Management Review 1.01 - 5.02 Flashcards | StudBud
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Raines - Business Management Review 1.01 - 5.02
Raines - Business Management Review 1.01 - 5.02
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Business Management Review 1.01 - 5.02
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1
Span of management is also known a
Job Sharting
Job Rotation
Span of Control
Span of Responsibility
2
A type of business that moves goods from the manufacturer to the consumer:
Wholesaler
Manufacturer
Extractor
Marketer
3
When a manager gives guidance to employees to perform their tasks:
Staffing
Planning
Organizing
Leading
4
A manager that records specific situations, reflecting employees performance/behavior/attitudes
Critical incident appraisal
Legal Appraisal
Essay Appraisal
Feedback Appraisal
5
The communication method that is most appropriate for routine information is:
Verbal
Specific
Written
General
6
Responsible for achieving the goals set by senior management:
Middle Management
CFO
Supervisors
Professional Manager
7
Decisions that are made alone with little or no input from subordinates reflects:
Autocratic
Accomodating
Leading
Semi-Autocratic
8
An employee moves into another position within the company in a:
Termination
Promotion
Transfer
Separation
9
Sales made over the World Wide Web are also known as:
Internet Dollars
E-Commerce
Internet Exports
Web Sales
10
Groups that exist to carry out specific tasks and may exist for a short or long period of time:
Individual work groups
Shared work groups
Formal work groups
Informal work groups
11
Ensuring that a company's products meet standards involves:
All of the above
Quality Improvement
Quality Planning
Quality Control
12
This concept states that producing one good means not producing another.
Scarcity
Law of Demand
Opportunity Cost
Law of Supply
13
Changes affecting budgets, personnel, and management are said to:
External
Environmental
Technological
Internal
14
A document that outlines the principles of conduct to be used in making decisions:
Code of silence
Mission Statement
Code of ethics
Charter
15
Short-range planning:
Strategic Planning
Operational Planning
Implementing Strategy
Strategic Management
16
long-range planning done by the highest levels in the company:
Formal Planning
Goals
Strategic Planning
Strategic Management
17
Operate to earn money for their owner:
Sole Proprietorship
Partnership
None of the Above
For profit Business
18
The combination of the unique qualities that make you who you are is known as your:
Skills
interest
Personality
Ability
19
Operating systems are made up of all of the following EXCEPT:
Sales
Facilities
Materials
People
20
To communicate effectively, managers need to determine:
how much time he or she has to speak
whether the podium is high enough
what the audience hopes to gain by listening
amount of space necessary to make a speech while standing
21
Specific information on careers can be found in the:
Occupational Outlook Handbook
Values Journal
Special Interest Log
Resume guide
22
Rules that government agencies issue to implement laws are called:
Patents
Copyrights
Trademarks
Regulations
23
When a task is too time consuming for a manager to handle alone, he or she may:
Perform an audit of the organization
Ask for advice from employees
Delegate the Task
Seek a new job to avoid responsibility
24
Companies must comply with all of the following employment laws EXCEPT:
Wage Hour Laws
Benefits Laws
Employee Lay Off Laws
Equal Employment Opportunity Laws
25
One who provides leadership within the company is said to be working within their:
decision-making role
interpersonal role
required role
information-related role
26
A decision support system that is properly designed:
Solves parts of the problem
All the Above
Isolate points where experience and judgement are required
Provides its results to the decision maker
27
A form of business that can have many owners and issue stock:
Sole-Proprietorship
Corporation
Cooperative
Partnership
28
The most important executive in a company:
CFO
Board of Directors
Share Holders
CEO
29
Show changes or movement in a certain are:
Trends
Centralization
Trust
Personality
30
The systematic studying of an issue and the preparation of a written document:
Formal Planning
Operational Planning
Strategic Planning
Goals
31
____ concentrate on how to compete in a given business or industry:
Planning Strategies
Grand Strategies
Business Strategies
Functional Strategies
32
This approach assumes the best approach to leadership depends on the situation:
Contingent
Trait
Universal
Motivation
33
Hardware, software, data, and people are components of:
Knowledge Workers
None of These
Data Mining
MIS
34
Rent is an example of a(n) ____.
Variable Cost
Equilibruim Price
Mandatory Expense
Fixed Cost
35
Managers can affect formal group performance by:
None of these
Studying the degree of group conformity
Making others aware of the group's performance
Engaging employees in candid discussion
36
A manager will most likely use intuitive decision making when any of the following exist EXCEPT
the decision is right regardless of what the facts say
several possible decision options are presented
Facts cannot be gathered to make a rational decision
there is no time to conduct research
37
Conflict between groups or departments which causes friction in an organization is known as:
None of These
Inter group Conflict
Organizational Conflict
Interpersonal Conflict
38
CAM is most closely recognized by the use:
Computer Simulation
Robots
Production Planning
Engineering Designs
39
A group working together in a coordinated effort to reach certain goals is a(n) ___
Special Force
Organization
Division
Authority
40
A business that takes natural resources and converts them into a consumer:
Manufacturer
Extractor
Marketer
Wholesaler
41
The employee's understanding of his or her part in an organization's work is called:
Management by objectives
Job Rotation
Performance
Role Perception
42
Changes affecting budgets, personnel, and management are said to be:
External
Environmental
Technological
Internal
43
Employees learn new concepts and gain new skills through:
Training
Timing
Transferring
Termination
44
An agreement between two parties to carry out a transaction, such as the sale of goods:
Copyright
Contract
Patent
Regulation
45
The idea that managers lose control is a criticism of:
Decentralization
Job Scope
Specialization
Standardization
46
As the price of a good rises, producers are willing to supply more of that good:
Law of Demand
Law of Supply
Opportunity Cost
Scarcity
47
Which of the following is an activity performed by businesses:
All of These
Keeping Records
Raising Capital
Generating Ideas
48
The skills managers need to understand and work well with people are called:
Supervisory Skills
Technical Skills
Conceptual Skills
Human Relations Skills
49
The difference between the value of goods and a country export and the value of the goods:
Quota
Import Advantage
Balance of Trade
Free Trade
50
Conflict between employees and the organization itself is known as:
Interpersonal Conflict
None of these
Inter group Conflict
Organizational Conflict