Ch. 7: Management and Leadership Quiz

True or False. An entrepreneur who starts a new business is not considered to be a manager.

• True

• False

Answer explanation

An entrepreneur who starts a new business must perform all five management functions.

Which of the following is NOT one of the five functions of management?

• planning

• implementing

• producing

• controlling

True or False. Effective managers should use strategic management rather than tactical management.

• True

• False

Answer explanation

Effective managers will use the management style best suited to the situation.

Which level of management spends most of its time completing the planning and controlling activities?

• top management

• mid-management

• supervisors

• team management

It is often said that the most important resource of a business is

• cash

• technology

• customers

• people

True or False. Research has proven that effective leaders are born and not made.

• True

• False

Answer explanation

Most leaders report that they worked hard over many years to develop those qualities.

The way people get along with each other is known as

• human relations

• influence

• management style

• communications

A person who is not a manager but is still able to get a group focused and organized is using

• Tactical management

• Strategic management

• Formal influence

• Informal influence

Which of the following is NOT a standard of ethical behavior?

• It should be lawful

• It should not benefit some while harming others

• It should not give the company a competitive advantage

• It should not result in embarrassment for the company

True or False. Managers are responsible for the ethical actions of a business.

• True

• False