Chapter 7 Business review quiz

Which kind of company would most likely hire a professional manager?

• a small farm

• a sole proprietorship

• a partnership

• a corporation

Which managerial function comes first when executing business goals?

• controlling

• leading

• organizing

• planning

Which is not an aspect of the organizing function?

• creating strategies

• hiring employees

• organizing work processes

• making sure employees have tools they need

What does an organizational chart show?

• how a certain project is to be accomplished

• the daily operations of a business

• who is in charge of whom in a firm

• the direction and vision of a company

Which deals with non-management workers most often?

• top-level management

• middle-management

• CEO

• operational management

Which is NOT part of the leadership function for a manager in charge of a project?

• resolving conflicts between workers

• hiring employees

• overseeing time management

• providing feedback on others' work

In a large company, to whom would an operational manager generally report?

• top-level manager

• a middle manager

• the CEO

• a vice-president

Which management task is part of the controlling function?

• monitoring customer satisfaction

• hiring employees

• planning projects

• showing respect and loyalty

What is a disadvantage to the line authority structure of management?

• The company may become overstaffed

• line authority can be costly to the company

• managers sometimes lack the specialized help they need

• authority is clearly defined

Which is true of centralized organization?

• it can be very confusing

• it gives all authority to top level management

• many people are available to advise those in authority

• too many people are often in charge