Business Management Unit 1 Review

Front

Which type of control provides feedback after activity is completed to prevent further deviations? Options: Preventative control, Concurrent control, Feedback control, Corrective control

Back

Corrective control

Front

Which of the following is NOT a function of management? Planning, Writing, Staffing, Controlling

Back

Writing

Front

A system used to record, classify, summarize and report the financial position of a business is known as which of the following? Management, Distribution, Accounting, Human resources

Back

Accounting

Front

Which of the following is NOT one of the four components of the business process? Production, Marketing, Finance, Organization

Back

Organization

Front

Which of the following is the traditional management structure? Vertical, Horizontal, Expansive, Pyramid

Back

Vertical

Front

______ __ _______ is the principle in which an employee should have only one supervisor to whom he or she is responsible?

Back

chain of command

Front

A set of measures built into the production process to make sure the products or services meet certain standards is known as which of the following?
Options: Performance control program, Sales standards program, Quality control program, Standard regulation program

Back

Quality control program

Front

Which of the following is NOT a responsibility of a manager or supervisor? Guide the activities of the business, Keep the business moving toward set goals, Identify exceptional employees, Set goals for the business

Back

Set goals for the business

Front

Which type of business produces processed goods by changing raw goods into a more finished form? Options: Intermediaries, Service firms, Processors, Producers

Back

Processors

Front

What occurs in the planning function of management?

Back

Deciding what needs to be done and how it will be accomplished