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Business Management - Practice Test

Total questions: 23

Worksheet time: 8mins

Name
Class
Date
1.

It generally relates to anything business or commerce. An advertisement for a business.

(a)  

2.

It is a group of companies that are related based on their primary business activities.

(a)  

3.

An activity in which a person utilizes heir knowledge, skills or other abilities in the service of another and for which a person receives compensation either monetary or in the form of other tangible benefits.

(a)  

4.

It is the process of guiding development, maintenance, and allocation of resources to attain organizational goals.

(a)  

5.

It is a group of people with a defined relationship in which they work together to achieve the goals of it.

(a)  

6.

He was a French mining engineer, mining executive, author and director of mines who developed a general theory of business administration that is often called "Fayolism".

(a)  

7.

It involves seeking new knowledge through the use of rigorous method of collecting data, classifying and measuring it, setting up hypothesis, and testing the hypothesis.

(a)  

8.

What are the 6/six M's of Management?

(a)  

9.

Management deals with men, materials, machine, methods, money and markets, in the preselected goals and objectives of the organization.

(a)  

10.

The study of the fundamental nature of knowledge, reality and existence, especially when considered as an academic discipline.

(a)  

11.

The branch of knowledge concerned with the production, consumption, and transfer of wealth.

(a)  

12.

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.

(a)  

13.

The study of the development, structure, and functioning of human society or the study of social problems.

(a)  

14.

The system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.

(a)  

15.

They branch of science and technology concerned with the design, building, and use of engines, machines, and structures.

(a)  

16.

Give 7/seven of Henri Fayol's principles of management.

(a)  

17.

Henri believed that segregating work in the workforce amongst the worker will enhance the quality of the product.

(a)  

18.

These are the two key aspects of management.

(a)  

19.

Without this, nothing can be accomplished. It is the core value for any project or any management.

(a)  

20.

This means an employee should have only one boss and follow his command.

(a)  

21.

Whoever is engaged in the same activity should have a unified goal.

(a)  

22.

This indicates a company should work unitedly towards the interest of a company rather than personal interest. Be subordinate to the purposes of an organization.

(a)  

23.

This plays an important role in motivating the workers of a company. It can be monetary or non-monetary.

(a)