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Business Management

Authored by John Robinson

Social Studies

11th Grade

Business Management
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25 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

identify this person ?

Frederick Winslow Taylor

Henri Fayol

Chris Argyris

peter drucker

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which concept measures how well a business uses its resources in the production process?

Sustainability

Efficiency

Production planning

Conservation

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

___________ a process involving the reduction of the amount of unwanted or unusable resources produced by a business in an attempt to improve the efficiency and effectiveness of operations.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

____________ is an approach that improves the efficiency and effectiveness of operations by eliminating waste and improving quality

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which management style involves a leader making decisions unilaterally without much input from group members?

Autocratic

Democratic

Laissez-faire

Transformational

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary goal of strategic management in a business context?

Maximizing short-term profits

Achieving long-term objectives

Increasing employee satisfaction

Reducing operational costs

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which term describes the process of identifying, assessing, and prioritizing risks in business management?

Risk management

Quality control

Financial planning

Market analysis

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