General Management 2 Test

Which of the following is NOT a component of Porter's Five Forces model?

• Threat of new entrants

• Bargaining power of suppliers

• Threat of substitute products or services

• Competitive rivalry

• Technological advancement

According to Maslow's Hierarchy of Needs, which of the following needs must be satisfied first?

• Esteem needs

• Social needs

• Self-actualization needs

• Physiological needs

• Safety needs

Which leadership style is characterized by a hands-off approach, with leaders delegating authority and providing minimal guidance?

• A) Autocratic leadership

• B) Democratic leadership

• C) Laissez-faire leadership

• D) Transactional leadership

• E) Transformational leadership

Which of the following is NOT a common type of employee compensation?

• Base salary

• Bonuses

• Stock options

• Profit sharing

• Benefits

Which of the following is a common market segmentation strategy?

• Geographic segmentation

• Demographic segmentation

• Psychographic segmentation

• Behavioral segmentation

• All of the above

Which of the following is NOT a common type of information system?

• Transaction processing system

• Management information system

• Decision support system

• Expert system

• Social media

Which of the following is NOT a common ethical issue in business?

• Bribery and corruption

• Discrimination

• Environmental impact

• Product safety

• Intellectual property

What is the term for the practice of businesses engaging in social and environmental initiatives?

• Corporate governance

• Corporate social responsibility

• Corporate philanthropy

• Sustainability

• Triple bottom line

Which of the following is NOT a common project management methodology?

• Agile

• Waterfall

• Scrum

• Kanban

• Lean

Fill in the blank: The process of _______ involves identifying potential risks and planning how to manage them.

• Risk assessment

• Risk mitigation

• Risk transfer

• Risk management

• Contingency planning