In a Partnership, if one partner leaves or dies what happens to the Partnership? (two answers)

• Open

• Running

• Terminated

• Dissolved

Although Sole Proprietorships do not need a license or permit to operate, they must:

• File documents

• Request an Approval

• Register the company name

• Get approval from the Board of Directors

An organization structure that has most levels of middle management cut out, often resulting in close relationships between leadership and management:

• Hierarchical Structure

• Matrix Structure

• Flat Structure

Which of the following organizational charts would represent a company where teams report to multiple leaders?

• Hierarchical Chart

• Vertical Chart

• Matrix Chart

• Flat Chart

Which management function involves creating a budget and business goals?

• Controlling

• Organizing

• Directing

• Planning

Which management function involves reviewing progress and adjusting?

• Planning

• Organizing

• Controlling

• Staffing

Which role of situational leadership is most effective when the followers need a lot of guidance but are highly motivated?

• Delegating

• Coaching

• Supporting

Which role of situational leadership is most effective when the employees score high in motivation, ability, and confidence?

• Directing

• Coaching

• Supporting

• Delegating

A management style that prioritizes emotional intelligence and strong emotional bonds between managers and team members:

• Authoritative

• Affiliative

• Participative

• Pacesetting

A management style that leads from the front, set high standards, and expect workers to exceed them with little assistance:

• Authoritative

• Affiliative

• Participative

• Pacesetting