
Business Management Quiz: Unit 1
Quiz
•
Business
•
10th Grade
•
Hard
Blake Riggs
FREE Resource
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25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Which of the following is a qualitative market research technique?
Surveys
Focus groups
Experiments
Observational studies
2.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
In financial management, what does the term "liquidity" refer to?
The ability to meet long-term financial obligations.
The ease with which assets can be converted into cash.
The total amount of debt a company has.
The profitability of a company.
3.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Which leadership style is characterized by a high level of control and decision-making by the leader?
Democratic
Laissez-faire
Autocratic
Transformational
4.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
What is the first step in the strategic planning process?
Setting objectives
Analyzing the internal and external environment
Developing strategies
Implementing plans
5.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Which of the following is an example of a financial management decision?
Choosing a new office location
Deciding on the company's advertising budget
Selecting a new product line
Determining the dividend policy
6.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
How does a matrix organizational structure differ from a traditional hierarchical structure?
It has fewer levels of management.
It combines functional and product departments.
It focuses solely on product development.
It eliminates the need for managers.
7.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Which market research technique involves collecting data from a large number of respondents through questionnaires?
Case studies
Surveys
Interviews
Focus groups
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