Managing the Business - Review

Managing the Business - Review

Assessment

Flashcard

Business

11th Grade

Hard

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30 questions

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1.

FLASHCARD QUESTION

Front

Emma is leading a team project and wants to ensure its success. Which of the following is a key aspect of strategic management she should focus on? Random goal setting, Effective goal setting, Ignoring goals, Avoiding management

Back

Effective goal setting

2.

FLASHCARD QUESTION

Front

Mason has been appointed as the manager of a new project at his company. What are the four basic functions he should focus on to effectively manage the project?

Back

Planning, Organizing, Leading, Controlling

3.

FLASHCARD QUESTION

Front

What are the different managerial levels typically found in an organization?

Back

Top-level, Middle-level, First-level

4.

FLASHCARD QUESTION

Front

The basic roles and skills required of managers include ______: Technical, Human, Conceptual, Financial, Administrative.

Back

Technical, Human, Conceptual

5.

FLASHCARD QUESTION

Front

Explain the importance of strategic management and effective goal setting in organizational success.

Back

It helps in resource allocation and achieving objectives.

6.

FLASHCARD QUESTION

Front

Isla is a manager at a tech company. What should be her primary focus when developing contingency plans and managing potential crises in the business?

Back

Risk management

7.

FLASHCARD QUESTION

Front

What is the primary responsibility of a manager?

Back

To be part of the management process.

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