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Business Management Semester 1 Revision

Total questions: 26

Worksheet time: 21mins

Name
Class
Date
1.

Select the 5 functional areas of business

a)

Finance, IT, HR, Management & Marketing

b)

HR, Marketing, IT, Accounting & Management

c)

IT, HR, Sales, Management & Marketing

d)

Management, Finance, Control, HR & IT

e)

Accounting, Marketing, Sales, Finance & IT

2.

The T in SWOT Analysis stands for

(a)  

3.

What is a PESTLE analysis?

a)

A strategic planning tool used to assess the Strengths, Weaknesses, Opportunities and Threats of a business

b)

A technique for analysing the macro-environment (factors outside the organisation) of an organisation under the following headings:

political economic, socio-cultural, technological, legal and environmental

4.

The socio-cultural factors within a PESTLE analysis considers factors such as which?

a)

Inflation

b)

Safety regulations

c)

Environmental requirements

d)

Demographics, gender, income distribution, emigration and issue of a cultural nature such as, language, customs and religion

5.

Fill in the blanks: Fill in the blank: the micro-environment refers to those factors which ​are ​ (a)   to the organisation and thus the organisation has some control over.

6.

The macro-environment includes factors which are primarily ​ (a)   the control of the organisation.

7.

Micro factors include which of the following ​ ​

a)

Suppliers

b)

Shareholders

c)

Customers

d)

Employees

e)

Political

8.

Which of the following comes second in the Product Life Cycle?

a)

Introduction Stage

b)

Growth Stage

c)

Maturity Stage

d)

Decline Stage

9.

What is the Marketing STP process?

a)

A three-step process in marketing management:

Sectioning, Targeting and Pricing

b)

A three-step process in marketing management:

Segmentation, Targeting and Positioning

c)

A three-step process in marketing management:

Segmentation, Targeting and Plucking

10.

A ​ (a)   organisational structure ensures management and decision making power is contained at the top of the hierarchy.

11.

A (a)   structure, decision making and management is spread across the organisation into different departments, teams or people.

12.

Which of the following is NOT a type of departmentalisation?

a)

Functional departmentalisation

b)

Geographical departmentalisation

c)

Matrix departmentalisation

d)

Segmenting departmentalisation

13.

Which of the following is NOT a stage of the Human Resource Management Process?

a)

Planning

b)

Recruitment & Selection

c)

Induction/Orientation

d)

Customer Service

e)

Performance Appraisal

14.

The specific aptitudes, qualifications or skills required to complete the job competently are contained in which of the following

a)

Job Analysis

b)

Job description

c)

Person specification

15.

What is a technique not advised to be used by managers to reduce resistance to change?

a)

educating

b)

communicating

c)

active participation

d)

support

e)

manipulation and coercion

16.

What management function is the following describing: the process of assembling the people, organising resources, and distributing the planned work necessary to carry out the managers plan.

a)

Planning

b)

Organising

c)

Commanding

d)

Coordinating

e)

Controlling

17.

A ​ ______ controls a group or group of individuals in order to achieve a specified objective.

a)

leader

b)

manager

18.

Intrinsic motivators include which of the following 3

a)

Drive

b)

Fear of failure

c)

Salary

d)

Desire for acknowledgement/recognition

19.

A ​ ______ has the ability to influence, motivate, and enable others to contribute to the organisation's success.

a)

Leader

b)

Manager

20.

Extrinsic factors are (a)   to the person

21.

There are (a)   stages of Tuckman's group development.

22.

Employees input must match the output received is which of the following theories of motivation?

a)

Maslow's Hierarchy

b)

Herzberg's Two Factor Theory

c)

McGregor Theory X & Theory Y

d)

McClelland's 3 Needs

e)

Equity

23.

Vrooms Expectancy Theory is as follows: Motivation = ​ Expectancy x Instrumentality x ​ (a)  

24.

A leader who is used various techniques or styles in the moment/situation is known as what type of leadership style?

a)

Trait

b)

Behavioural

c)

Contingency

d)

Charismatic

e)

Situational

25.

Some of Belbin's Team Roles include ​(choose 4)

a)

plant

b)

investigator

c)

shaper

d)

teamworker

e)

functionalist

26.

Which stage of Tuckman's group development dismantles the group/team?

a)

Forming

b)

Storming

c)

Norming

d)

Performing

e)

Adjourning