Business Management Unit 1 Review

Which of the following types of control provides feedback after activity is completed in order to prevent further deviations?

• Preventative control

• Concurrent control

• Feedback control

• Corrective control

Which of the following is NOT a function of management?

• Planning

• Writing

• Staffing

• Controlling

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

• Mangement

• Distribution

• Accounting

• Human resources

Which of the following is NOT one of the four components of the business process?

• Production

• Marketing

• Finance

• Organization

Which of the following is the traditional management structure?

• Vertical

• Horizontal

• Expansive

• Pyramid

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

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?

• Performance control program

• Sales standards program

• Quality control program

• Standard regulation program

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

Which type of business produces processed goods by changing raw goods into a more finished form?

• Intermediaries

• Service firms

• Processors

• Producers

Question 11 (1 point)

What occurs in the planning function of management?

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

• Coordinating all those involved to achieve the company of departmental goals

• Comparing what was planned with the actual performance

• Delegating duties to other employees in the company