Revision Introduction to Business

Revision Introduction to Business

Multiple Choice

A perspective on where the company is headed and what the organization can become.

• mission

• vision

• goals

Multiple Choice

Resources and capabilities that serve as a source of competitive advantage for a firm over its rivals.

• Feature

• Benefits

• Core competencies

Multiple Choice

Basic purpose for which or the reason why an organization exists.

• Vision

• Mission

• Goals

• Objective

Multiple Choice

Specification of the jobs to be performed and the ways in which these jobs relate to one another.

• Department

• Expert power

• Organization structure

Multiple Choice

Tools to clarify structure and to show employees where they fit into a firm’s operations.

• Organizational chart

• Organisation structure

• Line department

Multiple Select

Which of the following are part of Departmentalization?

• Customer departmentalization

• Process departmentalization

• Functional departmentalization

• Food Departmentalization

Multiple Select

Which of the following are 21st organizational design?

• Boundary-less Organization.

• Virtual Organization.

• Functional Organization

• Learning Organization.

Multiple Choice

This organizational design mostly on project-type teams, people float from one project to another as dictated by their skills and the demands of the projects.

• Boundary-less Organization.

• Team Organization

• Virtual Organization.

• Learning Organization.

Multiple Choice

In this structure, teams are formed in which individuals report to two or more managers, usually including a line manager and a staff manager.

• Functional Organization

• International Organization

• Matrix Organization

• Divisional Organization

Multiple Select

Which of the following are Business Functional Areas?

• Human Resource Function

• Production Function

• Marketing Function

• Accounting and Finance Function

Ready for next chapter?

Multiple Choice

Firms are owned by individuals or a group of individuals.

• Public sector

• Private sector

Multiple Choice

The business owned and usually operated by one person who is responsible for all of its debts.

• Partnership

• Corporation

• Sole proprietorship

Multiple Select

Why most of the businessman choose sole proprietorship as their business form?

• Ease in forming.

• Unlimited liability

• Low startup cost

• Tax benefit

Multiple Choice

The roles of shareholders, directors and other managers in corporate decision making and accountability.

• Shareholders

• Corporate governance

• CEO

• Marketing manager

Multiple Select

Which of the following are management functions?

• Organising

• Playing

• Leading

• Complying

Multiple Choice

Which of the following is the title of middle management?

• President

• Team leader

• IT manager

• Supervisor

Multiple Select

Which of the following is correct statement?

• Planning is monitoring the performance of employee.

• Organising mean assigning the task/resources to correct person

Multiple Choice

Which of the following is a false statement ?

• POLC= Planning, organising, leading and controlling

• 3 basic skills= technical skill, conceptual skill, human skill

• Three level management levels- First-line management, second line management, top management

Multiple Select

Tick the areas of management in the organization.

• human resources managers

• production managers

• marketing managers

• IT managers

Ready for next chapter?

Multiple Choice

A systematic analysis of jobs within an organization.

• Job description

• Job requirement

• Job analysis

Multiple Choice

Lists the skills, abilities and other credentials and qualifications needed to perform the job effectively

• Job analysis

• Job specification

• Job description

Multiple Select

Which of the following are the ways to develop the employee?

• On-the-job training

• Off-the-job training

• Punishment

• Reward

Multiple Choice

Attracting people outside of the organization to apply for jobs.

• internal recruiting

• additional recruiting

• layoff

• external recruiting

Multiple Choice

Internal recruiting =

• hired/promote potential employees to replace vacancy.

• hired someone from outside of the company

• hired someone from college/school

Multiple Select

Ways to select qualified candidates.

• Interview

• Test

• Application Form

• Open Dating Apps

Multiple Select

Ways to recruit external employees.

• Post advertisement in company intranet.

• Career fair

• School/College

• Hired job hunter

Multiple Choice

It is pay according hourly rate.

• salary

• meal

• wages

• incentives

Multiple Select

What are the advantages of external recruiting?

• More innovative idea

• Best candidates for new roles.

• Time consuming

• Reduce promotion opportunity

Ready for next chapter?

Multiple Select

Elements in the marketing.

• Price

• Place

• Human Resources

• Services

• Ideas

Multiple Select

Define products.

• Tangible products

• Services

• Idea

• Intangible products

Multiple Choice

Products purchased by companies to produce other products.

• Consumer product

• Industrial product

Multiple Choice

Which of the following is example of services?

• Perfume

• Smartphone

• Insurance

• Clothes

Multiple Select

Select external environment.

• Political and legal environment

• Technological environment

• Competitive environment

• Expectation environment

• Solar environment

Multiple Choice

___________________is a competitive marketing that appeals to consumer perceptions of similar products.

• Substitute product

• International competition

• Brand competition

Multiple Choice

_____________________refers to technique of communicating information about products.

• Place

• Product

• Price

• Promotion

Multiple Choice

Which of the following is the promotion strategy?

• Choose carefully the store's location.

• Identify the target.

• Meet your customers personally and provide information.

• Develop the advance product.

Multiple Choice

Demographic variables alway look into the area of

• location

• weather

• gender

• lifestyle

Poll

You more prefer kahoot or quizizz?

• Kahoot

• Quizizz