FBLA Business Management Test

FBLA Business Management Test

9th - 12th Grade

20 Qs

quiz-placeholder

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FBLA Business Management Test

FBLA Business Management Test

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Sid Shafer

Used 45+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does SWOT analysis stand for?

Strengths, Weaknesses, Opportunities, Threats

Sales, Workforce, Operations, Technology

Strategies, Wins, Objectives, Targets

Success, Wealth, Ownership, Teamwork

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a function of management?

Planning

Organizing

Controlling

Promoting

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which management style emphasizes decision-making by consensus and teamwork?

Autocratic

Laissez-Faire

Democratic

Bureaucratic

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the first step in the decision-making process?

Implementing the decision

Identifying the problem

Evaluating alternatives

Selecting the best alternative

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a characteristic of a successful manager?

Flexibility

Micromanaging

Leadership

Communication Skills

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which financial statement shows a company's revenues and expenses over a period of time?

Balance Sheet

Income Statement

Cash Flow Statement

Statement of Retained Earnings

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which type of leadership involves setting clear goals and deadlines, but giving employees the freedom to complete tasks in their own way?

Transactional

Transformational

Situational

Autocratic

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