Q4 Business Study Guide

Q4 Business Study Guide

12th Grade

37 Qs

quiz-placeholder

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Q4 Business Study Guide

Q4 Business Study Guide

Assessment

Quiz

Business

12th Grade

Practice Problem

Medium

Created by

Christopher Crabb

Used 2+ times

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37 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define the term management.

Management is the process of planning, organizing, leading, and controlling resources to achieve specific goals ineffectively and inefficiently.
Management is the process of controlling, but not planning, organizing, leading, and controlling resources to achieve specific goals effectively and efficiently.
Management is the process of planning, organizing, leading, and controlling resources to achieve specific goals effectively and efficiently.
Management is the process of planning, organizing, leading, and controlling resources to achieve general goals effectively and efficiently.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the four key functions of managers?

Researching, analyzing, implementing, evaluating
Directing, coordinating, supervising, evaluating
Training, mentoring, motivating, evaluating
Planning, organizing, leading, and controlling

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between efficiency and effectiveness?

Efficiency and effectiveness are the same concepts.
Efficiency is about how well resources are used to achieve a goal, whereas effectiveness is about achieving the intended goal or result.
Efficiency is about achieving the intended goal or result, whereas effectiveness is about how well resources are used to achieve a goal.
Efficiency is only concerned with the end result, while effectiveness focuses on resource utilization.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can a strategy be effective but not efficient?

Yes
Sometimes
Maybe
No

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some drawbacks of laissez-faire style leadership?

Lack of guidance, potential for disorganization, lack of accountability
Inconsistent outcomes, lack of employee development, poor communication
Slow decision-making, lack of innovation, resistance to change
Excessive control, lack of autonomy, micromanagement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can managers empower employees?

By micromanaging their every move
By providing autonomy, clear communication, opportunities for growth and development, recognition of achievements, and involving them in decision-making processes.
By limiting their access to resources
By ignoring their input and ideas

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is corporate culture?

Corporate culture is the physical layout of the office space.
Corporate culture is the company's profit margin.
Corporate culture is the number of employees in the company.
Corporate culture is the shared values, beliefs, and behaviors within a company.

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