Chapter 1 Test Business Management

The process of accomplishing the goals of an organization through the effective use of people and other resources is

• planning

• supervision

• management

• implementation

The function being performed when a manager is determining how plans can be accomplished most effectively is

• planning

• organizing

• managing

• budgeting

Analyzing information and making decisions about what needs to be done is the management function known as

• planning

• organizing

• leading

• projecting

To be considered a manager, you must

• regularly complete all five management functions

• have authority over all other jobs

• have authority over people

• all of the responses

People in the first (or beginning) level of management in a company are known as

• executives

• supervisors

• middle managers

• trainees

Classical management was widely accepted and implemented in businesses during the

• first part of the 21st century

• early to mid 1800s

• 1950s to 1960s

• late 1800s and early 1900s

Who is most closely associated with the theory of management that focuses on identifying the most effective practices for organizing and managing a business?

• Deming

• Fayol

• Mayo

• Taylor

In the near future, the percentage of women in the U.S. workforce will be about

• 40%

• 50%

• 45%

• 55%

The Industrial Revolution began in

• Ancient Egypt

• Hathorne, Illinois

• Detroit, Michigan

• Western Europe

By 2050, the total number of workers in U.S. workforce is expected to be close to

• 50 million

• 100 million

• 150 million

• 200 million