Business Management Quiz

What are the four functions of management according to the POLC framework?

• Planning, Coordinating, Leading, Evaluating

• Planning, Organizing, Leading, Controlling

• Planning, Organizing, Motivating, Controlling

• Planning, Organizing, Staffing, Directing

Which of the following is NOT a role of a manager according to Mintzberg's theory?

• Evaluator

• Monitor

• Leader

• Entrepreneur

What is the first step in the planning process?

• Analyzing the business environment

• Setting goals and objectives

• Evaluating alternatives

• Choosing a course of action

Which type of organizational structure is based on teams?

• Divisional structure

• Team-based structure

• Matrix structure

• Functional structure

What is the purpose of SWOT analysis?

• To assess strengths, weaknesses, opportunities, and threats

• To determine employee satisfaction

• To analyze market trends

• To evaluate financial performance

Which leadership style is characterized by a focus on tasks and results?

• Transactional leadership

• Transformational leadership

• Visionary leadership

• Charismatic leadership

What is the final stage in the team development process?

• Norming

• Performing

• Storming

• Adjourning

Which of the following is a type of internal control?

• Market analysis

• Legal regulations

• Organizational policies

• External audits

What is the first step in the decision-making process?

• Evaluating alternatives

• Generating alternatives

• Collecting data

• Identifying the problem

Which of the following is NOT a barrier to communication?

• Physical barriers

• Psychological barriers

• Cultural barriers

• Technical barriers