2019 Business Management Midterm Review A

The number of levels of management that a business needs usually depends upon the

• location of the facility.

• age of the employees.

• goals of the company.

• size of the business.

Which of the following would be part of the management function of organizing:

• Assigning individual workers to specific jobs

• Taking corrective action

• Setting company goals

• Interviewing customers about product preferences

Which of the following are characteristics of tactical planning:

• Short-range and specific

• Long-term and vague

• Short-range and vague

• Long-term and specific

Which of the following questions should effective managerial planning answer:

• How will we monitor the work effort?

• Who will do the work?

• Did we accomplish our goals?

• What do we want to do?

Which of the following activities should be an employee's top priority:

• Preparing a purchase order that needs to be faxed to the vendor in two days

• Completing a status report that takes 45 minutes to prepare for a meeting that will occur in an hour

• Making reservations at a local restaurant for a business luncheon that is going to be held in two weeks

• Photocopying a three-page document for a meeting with a customer that is scheduled to occur five hours from now

Jake wanted to run his own business but was unsure that he had adequate business skills to be successful. Which type of business would give Jake the help he needs?

• Business-format franchise

• Sole proprietorship

• Private corporation

• Product trade-name franchise

Which of the following is an activity associated with the organizing function of management:

• Inspecting the quality of outputs

• Developing a mission statement

• Determining the division of labor

• Providing employees with feedback

In management, a primary organizing activity is

• hiring talented workers.

• assigning responsibility.

• controlling external conditions.

• evaluating job performance.

Coordinating business activities is an important aspect of the organizing function of management because it

• ensures that the employees understand all the business's activities.

• enables the business to prepare precise forecasts.

• defines the company's mission statement.

• establishes clear relationships among the company's resources.

Three primary factors that affect the organizational structure of a business include interpersonal relationships, tasks, and

• authority.

• injunction.

• initiative.

• attrition.