WorksheetsU4 AOS 1 VCE Business Management Pre-Test
Total questions: 24
Worksheet time: 28mins
The conditions that make a business more successful than the businesses it is competing with, or a particular thing that makes it more successful.
proven track record
competitive advantage
credit worthiness
To give a particular amount of time, money, etc. to someone or something, so that it can be used in a particular way.
supply
allocate
dedicate
Successful businesses need to change, and managers can be either proactive or reactive to that change. What is the meaning of proactive?
being active in supporting changeq
to initiate change
to react to change
to resist change
KPI stands for...
Kenetics and Performance Indexation
Keep Price Index
Key Performance Indicators
Key Productivity Indicators
______________ are property and other items of value owned by a business.
Current assets
Fixed assets
Liabilities
Assets
A set of similar products made by a particular company
demand
delay
range
forecast
People´s need or wish to buy particular goods
demand
update
range
stock
Productivity is a measure of performance that indicates how many inputs it takes to produce outputs, and it is a key measure of e (a) .
Who came up with the force-field analysis?
Kurt Cobain
Kurt Lewin
Kurt Lewis
Frederick W. Taylor
Do all choices/decisions analysed using force-field analysis need to be accepted?
Yes, managers need to be able to increase driving force as much as possible at all times
Why not? Businesses needs to take risks and try out their strategy
Not necessarily, some degree of skepticism and resistance may be necessary
What is the definition of force-field analysis?
the process of selling different, unrelated goods or services in new markets
the process of conducting research into the business environment within which an organisation operates, and into the organisation itself, to help form future strategies
vector field that describes a non-contact force acting on a particle at various positions in space
technique for identifying and analysing the positive factors that support a decision and negative factors that constrain it
Having an innovative mindset is seeing problems, complaints, and bottlenecks as opportunities.
TRUE
FALSE
Forces that block drivers of change are called...
Resisting forces
Restraining forces
Restricting forces
Repelling forces
Refusing forces
Which of these are examples of internal driving forces?
Improved administrative efficiency
Better staff motivation
Potential government assistance
Increased competition
Lewin’s three-step model of change management, consisting of:
Unfreezing the status quo, through movement to a desired end state, and refreezing the new change to make it permanent.
Establish a sense of urgency, form a coalition, and create a new vision.
Communicate the vision, empower others by removing barriers, create and reward short-term ‘wins'.
Create a new vision, consolidate, reassess and adjust, and Reinforce the changes.
A new tracking system was implemented at Roadworks. Workers, however, avoided using it because it looked so complicated, though in actuality, the new system was easier than the former.
As a manager of these workers, what would you do to best minimise this source of resistance at this stage?
clarify intentions and methods
delay change and await a better time
offer information and encouragement
make sure that everyone is using the new system
Which of the following is an external force that would cause a company to make an organizational change?
A booming economy
The naming of a new CEO
An organization-wide restructuring
A widening span of control for managers
This type of change occurs in small, gentle steps, allowing a business to adapt gently.
Incremental
Disruptive
April believes that people’s actions are guided by fear. Hence, she intimidates when approaching change.
The type of change strategy April most likely employs is:
training
coercion
communication & education
participation
Produce differentiation occurs when...
a business tries to establish differences between similiar products
a business creates a lot of different products
a business has a large range of product
a business custum designs products to cusomer wants
