Which style of leadership is most suitable when using a behavioural approach to management?

A participative or collaborative style

Which of the following is a social influence?

Growing concerns about obesity among young people

Which of the following best describes the impact on business from an economic downturn?

decreased investment; declining profit

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Preliminary Business Studies General 3

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Quiz for Preliminary Business Studies students

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Questions 10

Answers

1
A business's owners consider issuing shares on the ASX. This business would then be?
Private company
Public company
Sole trader
Partnership
2
Which style of leadership is most suitable when using a behavioural approach to management?
An autocratic style
A participative or collaborative style
A wide hierarchical style
An inclusive decisional style
3
Which business goals are most likely to be in conflict?
Social responsibility and environmental sustainability
Profit and share price
Sales and growth
Profit and market share
4
Helen and Sam purchase a cafe. The business could be classified as?
Partnership and national
Partnership and local
Company and national
Sole trader and local
5
Which of the following is a social influence?
Growing concerns about obesity among young people
Increased access to debt from foreign sources
Introduction of e-commerce strategies by a competitor
Increased economic activity
6
People who provide financial assistance to new businesses are engaged in?
Entrepreneurship
Quality of Life
Profit
Innovation
7
Rio Tinto and BHP Billiton are two of Australia's largest miners. Which industry are they in?
Secondary
Tertiary
Quaternary
Primary
8
Which of the following best describes the impact on business from an economic downturn?
Higher investment; declining profit
Lower investment; increasing profit
decreased investment; declining profit
higher investment; higher profit
9
Which of the following would a business in the establishment stage face?
Limited customer awareness
Motivation of employees
Strong competition
Issues related to stock control
10
Which function is concerned with implementing business plans?
Planning
Organising
Controlling
Leading

Preliminary Business Studies General 3 Flashcards | StudBud