BS Pre-test Quiz

Limited liability means

• owner has limited time to keep the asset

• asset of the partner will be affected in the case of bankruptcy

• Personal assets will not be affected in the case of bankruptcy

• Business and personal asset will be affected in the case of bankruptcy

There are two types of partners which are ………… and ……….. partners.

• general and optional

• limited and close

• open and close

• general and limited

All are responsibilities of franchisor towards franchisee EXCEPT

• provide training and management assistance.

• help in national campaign of the product.

• give a percentage of amount as business royalties.

• share promotional material to be used in promotional activities.

Who will be responsible for tactical plan?

• Top manager

• Middle manager

• First-line manager

• Operating Employees

Ahmad was very good in solving any problem occurred in his company. Most probably he possess …….. skills.

• communication

• analytic

• conceptual

• technical

Ratna is a type of leader who seeks for input from the staff and make final decision based on their support. What type of leader Ratna is?

• consultative

• consensus

• democratic

• entrepreneurial

Which style of leadership is the best?

• Autocratic

• Entrepreneurial

• Participative

• None of the above

What is Total Quality Management?

• Increase employee participation

• Strengthen supplier partnership

• Customer satisfaction

• All the above

Four steps of managerial decision are as follows

• Identify problem, select alternative, generate alternative and implement solution

• Identify problem based on complaint, respond to problem, select the best option, give feedback

• Identify problem or opportunity, generate alternatives, select alternative and implement and evaluate the solution

• Identify problem and solution, provide feedback and control again.

Major considerations in organizing the business are

• job design, departmentalization and job enrichment

• job delegation, job departmentalization, job specialization

• job rotation, job focus, departmentalization

• job design, job specialization, job specification