Which function of management —involves identifying and arranging work and resources to achieve company goals.

• organizing
• leading
• staffing
• implementing

Which function of management involves analyzing information, set goals, make decisions.

• organizing
• leading
• planning
• controlling

Which function of management involves— duties associated with obtaining, preparing, and compensating people who work for business.

• controlling
• organizing
• leading
• staffing

A statement that describes the reason a business exists and what it wants to accomplish is called a 

• business idea statement
• mission statement
• statement of core values
• business plan idea

Which of the following is not a trait of great business leaders?

• Vision

• Friendliness

• Integrity

• Confidence

An authoritative leadership style is effective when:

• there isn't a need to monitor the team closely.

• there is room for error.

• the team has little experience.

• the project needs input from all members.

Participative or democratic management:

• centralises authority with the democratically elected manager.

• encourages employees to take responsibility for their work.

• requires a lot of supervision of employees as employees are responsible for their own work.

• reduces the time it takes to make decisions.

Laissez-faire management:

• provides a lot of direction to employees on what their roles are.

• makes staff responsible for their own work.

• can lead to great productivity in the workplace.

• delegates decisions to employees and does not provide feedback.

Rita is the regional manager for a clothing retailer. She attends a ribbon cutting ceremony every time a new store opens for business. Which one of Mintzberg's managerial roles is she fulfilling?

• Figurehead

• Liaison

• Leader

• Communicator

According to Mintzberg, managerial roles can be broken down into interpersonal, informational, and

• liaison.

• decisional.

• technical.

• conceptual.