Business Management Unit 1 - Review

According to the segment, how are businesses classified?

• Work activities the business performs

• Number of employees

• Profit level of the business

• Age of the company

Which of the following is the correct order of organizational levels?

• Operative employees, supervisors, middle managers, top management

• Operative employees, middle managers, supervisors, top management

• Middle managers, operative employees, supervisors, top management

• Middle managers, supervisors, operative employees, top management

Which of the following is NOT one of the considerations when selecting a business structure?

• Size of the business or organization

• Worker skills and responsibilities

• Business purpose

• Customers’ demographics

Which of the following does leading NOT involve?

• Communicating with employees

• Evaluating employees

• Motivating employees

• Directing activities

Rachel has determined her department needs a salesperson to work evenings. She has located qualified applicants and is selecting who to hire. Rachel is performing which function of management?

• Leading

• Organizing

• Staffing

• Controlling

Which function of management involves dividing work into manageable segments in order to achieve goals?

• Leading

• Organizing

• Staffing

• Controlling

Industrial markets can change due to which of the following?

• The economy

• Consumer behavior

• Competitor's prices

• The company's social responsibility

The marketplace is the essence of which of the following?

• The exchange process

• The manufacturing process

• The marketing process

• The selling process

Which law required automobile makers to modify engines to meet higher emission standards?

• Air and Water Pollution Act

• Clean Air Act

• Automobile Emission Act

• Modified Engine Act

Business responsibility can include responsibility to whom, apart from simply following laws?

• Society

• The business world

• The public school system

• The elderly