Business Management Quiz: Unit 1

Business Management Quiz: Unit 1

10th Grade

25 Qs

quiz-placeholder

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Business Management Quiz: Unit 1

Business Management Quiz: Unit 1

Assessment

Quiz

Business

10th Grade

Hard

Created by

Blake Riggs

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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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