General Management Quiz

What is the primary function of management?

• Organizing

• Leading

• Planning

• Controlling

Which of the following is NOT part of the marketing mix?

• Product

• Process

• Leadership

• Promotion

What does "PDCA" stand for in business improvement?

• Plan-Do-Check-Act

• Process-Develop-Control-Apply

• Plan-Develop-Correct-Analyze

• Predict-Determine-Control-Adapt

Which financial statement shows a company's assets and liabilities?

• Income Statement

• Cash Flow Statement

• Balance Sheet

• Profit and Loss Statement

What is the main purpose of a business plan?

• To secure funding

• To define a company's goals and strategies

• To comply with legal requirements

• To manage daily operations

Which leadership style considers team input before making decisions?

• Autocratic

• Democratic

• Laissez-faire

• Transactional

What is a key element of branding?

• Financial reporting

• Customer engagement

• Legal compliance

• Transaction processing

What does SWOT analysis stand for?

• Strengths, Weaknesses, Opportunities, Threats

• Strategies, Workflows, Objectives, Tactics

• Structure, Workforce, Operations, Trends

• Systems, Workflow, Optimization, Tools

Which of the following is a type of entrepreneurship?

• Industrial

• Online

• Political

• Personal

What is the primary role of an entrepreneur?

• Managing payrolls

• Innovating and creating new businesses

• Following traditional business methods

• Avoiding risk