Business Management Test 2

One-man business is also known as Limited Liability Partnership

• True

• False

Suppliers are not primary stakeholders of a business

• True

• False

Management is an Art means management is a practice

• True

• False

Decision-making is one of the element of directing

• True

• False

Concentric chart is another type of organizational chart

• True

• False

Bureaucracy is associated with sole proprietorship

• True

• False

Personnel Manager is part of Strategic Management

• True

• False

The framework of an organization is called a Chart

• True

• False

Sole proprietors enjoy maximum privacy

• True

• False

There is no bureaucracy in public corporation business

• True

• False