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Business Essentials Unit 3 (Updated)

Total questions: 80

Worksheet time: 40mins

Name
Class
Date
1.

Having positive customer relations means making customers

a)

happy.

b)

more popular.

c)

richer.

d)

satisfied.

2.

Which of the following statements best describes positive customer relations

a)

A business advertises to attract new customers.

b)

A business conducts 100 customer transactions per day.

c)

A business has no customer complaints.

d)

A business listens to customer feedback.

3.

To build positive customer relations, a business must be

a)

aggressive.

b)

proactive.

c)

profitable.

d)

small.

4.

Building positive customer relations is one of the least expensive ways for a business to

a)

attract investors.

b)

compete with other businesses.

c)

manufacture goods.

d)

offer employee bonuses.

5.

Businesses strive to retain current customers because

a)

current customers have fewer complaints.

b)

it’s less expensive than attracting new customers.

c)

it’s too difficult to please new customers.

d)

new customers don’t spend enough money.

6.

Businesses must keep in mind that word-of-mouth promotion can be

a)

avoided.

b)

bought.

c)

inconsequential.

d)

negative.

7.

Positive customer relations can boost productivity by

a)

attracting new customers.

b)

avoiding wasted time and resources.

c)

creating new manufacturing processes.

d)

cutting down on equipment costs.

8.

As an employee, you can help your company build positive customer relations by

a)

conducting market research.

b)

identifying a target market.

c)

making strategic planning decisions.

d)

reporting customer feedback.

9.

A business’s tangible environment might include a

a)

comfortable waiting room.

b)

courteous greeting.

c)

friendly employee.

d)

spirit of teamwork.

10.

Technology aids positive customer relations because it gives customers

a)

discounts on products.

b)

greater access to the business.

c)

more power than businesses.

d)

reasons to buy products.

11.

Businesses use technology to build positive customer relations by

a)

calling customers at home.

b)

creating targeted marketing campaigns.

c)

placing pop-up advertisements on websites.

d)

sending unsolicited emails.

12.

The most important factor in a business’s customer relations is its

a)

business environment.

b)

business processes.

c)

people.

d)

technology.

13.

Customer relations skills such as courtesy and friendliness should be emphasized during a business’s

a)

facilities design.

b)

hiring process.

c)

market research.

d)

technology planning.

14.

When someone says that a business has positive relations with its internal customers, the person means the business has

a)

happy employees.

b)

satisfied customers.

c)

strong managers.

d)

updated technology.

15.

The best way for businesses to communicate with customers is to

a)

give as much information as possible.

b)

listen respectfully.

c)

rent billboards on major highways.

d)

send direct mail.

16.

Businesses can encourage customer communication by

a)

advertising.

b)

offering incentives.

c)

restricting business hours.

d)

routing calls to an answering service.

17.

A business recently mailed 20% discount coupons to all its loyal customers. Which technique for building positive customer relations does this illustrate?

a)

Be helpful.

b)

Be thankful.

c)

Display courtesy.

d)

Keep your promises.

18.

Which of the following is a true statement about making promises to customers:

a)

Businesses should not make promises to customers.

 

b)

Customers don’t remember broken promises.

c)

It is better to over-deliver.

d)

It is better to over-promise.

19.

A customer asks Robert a question about a product, and he isn’t sure of the correct answer. He immediately phones his supervisor to get the needed information. Which technique for building positive customer relations does this illustrate?

a)

Be helpful.

b)

Be thankful.

c)

Keep your promises.

d)

Pay attention to internal customers.

20.

When a business strives to make every customer experience a positive one, it is remembering its

a)

competition.

b)

history.

c)

internal customers.

d)

touchpoints.

21.

A business can be described as a(n)

a)

disorganized method of manufacturing products

b)

organized effort to produce goods and services

c)

reasonable way to make a profit

d)

unreasonable means for increasing revenues

22.

A business that exists to fulfill a specific mission or undertaking is called a __________ business.

a)

mission-central

b)

focused

c)

for-profit

d)

nonprofit

23.

Every business must accomplish which of the following:

a)

Produce or provide goods/services

b)

Obtain venture capital

c)

Issue corporate bonds

d)

Trade or sell business assets/property

24.

Which of the following represents a primary business activity:

a)

Scheduling

b)

Designing

c)

Marketing

d)

Supervising

25.

Financial analysis occurs when a business

a)

communicates with potential customers

b)

keeps accurate expense records

c)

plans for long-term success

d)

effectively retrieves data

26.

Within a local pizza shop, financial analysis is most likely used to

a)

attract customers

b)

oversee the baking process

c)

obtain funding for supplies

d)

develop the best recipe

27.

Which of the following activities demonstrates human resources management:

a)

The business gives its preferred customers a special discount

b)

The business takes care of the responsibilities associated with having employees

c)

The business includes top-level managers in long-term planning

d)

The business acts on new information about a competitor

28.

Janelle’s Creative Supplies is opening an additional location on the other side of town. To successfully operate the new location, Janelle primarily needs

a)

new carpet and paint

b)

extra free time

c)

more advertising spots

d)

additional employees

29.

Which of the following activities demonstrates information management:

a)

Storing and retrieving information

b)

Researching customers’ needs

c)

Hiring appropriate employees

d)

Conducting employee evaluations

30.

TeJuan’s Fishing Shack demonstrates effective information management by

a)

accessing a list of fishing equipment appropriate for a particular customer

b)

removing wasted materials from the process of providing goods to customers

c)

promoting new fishing equipment in a popular trade magazine

d)

hiring fishing experts to explain how to use the goods offered

31.

Which of the following activities demonstrates the primary business activity of marketing:

a)

The business prepares for long-term success by planning and organizing

b)

The business meets customers’ needs by offering appropriate products

c)

The business expects to merge with another business in the industry

d)

The business hires qualified employees to perform complex job duties

32.

Franco’s Bread Shop is introducing a new type of sandwich bread to the community this week. Which of the following describes the business activity that the bread shop will likely partake in before the release:

a)

Collecting information on last year’s new breads

b)

Creating a system for storing new bread recipes

c)

Planning for the long-term results of introducing new breads

d)

Promoting the new bread through advertising

33.

Which of the following behaviors best describes the primary business activity of operations:

a)

Keeping accurate financial records

b)

Planning for future success

c)

Producing goods and services

d)

Hiring qualified employees

34.

Making sure that a business has enough of a product in stock without having too much on hand is the goal of

a)

inventory management

b)

production

c)

quality control

d)

human resources management

35.

Which of the following behaviors demonstrates the primary business activity of strategic management:

a)

Recruiting appropriate employees

b)

Obtaining funds for business projects

c)

Planning and organizing for the future

d)

Regularly updating business processes

36.

For the long-term success of the business, Stacey’s Coffee House has decided to add a self-serve laundromat. Which of the following behaviors describes the business activity that Stacey’s Coffee House was likely engaged in before making this decision:

a)

Determining what will put it in reach of its goals

b)

Establishing a system for retrieving information

c)

Promoting its new service to potential customers

d)

Organizing itself for meeting its objectives

37.

Which of the following demonstrates the interrelationship among primary business activities:

a)

A business changes its goals, so its strategies and tactics change, too

b)

A new product is introduced, so business advertisements must adjust

c)

A business manager becomes vice president, so his/her department must adjust to the change

d)

One business activity changes, so the others must adjust

38.

When the Pretty Pictures framing business underwent internal restructuring last year, how would its primary business activities have reacted?

a)

They stayed the same

b)

They changed radically

c)

They adjusted according to the internal changes

d)

They adjusted according to the external changes

39.

When Caring Companions and Smiling Pets merged two years ago, what was the most likely effect on the primary business activities of both companies?

a)

All of the primary business activities combined into one activity

b)

Each primary business activity combined with the matching activity of the other firm

c)

Each primary business activity became two smaller business activities

d)

All of the primary business activities combined into two distinct activities

40.

An example of performing business activities in an “out of the ordinary” way is when a business

a)

operates as the link between customers and products

b)

begins long-term planning and organization

c)

offers a new product in a popular product line

d)

hires an outside firm to perform its marketing

41.

The people who work to produce goods and services are known as

a)

capital

b)

raw materials

c)

human resources

d)

facilities

42.

Determine whether the following statement is true or false: Companies without an HR department do not participate in HR management activities.

a)

True; smaller companies have no need for HR management

b)

True; only HR managers can complete these activities

c)

False; in companies without HR departments, all employees participate in HR management activities

d)

False; in companies without HR departments, other managers and supervisors participate in HR management activities

43.

The part of staffing that involves seeking out and attracting qualified potential job candidates is called

a)

training

b)

on-boarding

c)

interviewing

d)

recruiting

44.

Which of the following is a purpose of an exit interview:

a)

To gauge employee attitudes about social issues

b)

To negotiate compensation and benefits

c)

To gain constructive suggestions for improvement

d)

To gather further insight into the competition

45.

In what way might an HR manager be involved in employee benefits?

a)

Determining eligibility and costs

b)

Selecting an employee’s personal plan options

c)

Collecting insurance payments from employees

d)

Choosing an employee’s vacation days

46.

Making sure a company follows laws and regulations describes the HR management activity of

a)

staffing

b)

compliance

c)

compensation and benefits

d)

employee relations

47.

Which of the following is a compliance issue:

a)

Minimum wage

b)

Conflict mediation

c)

Carpool organization

d)

Performance management

48.

Labor-union negotiations are part of which HR management activity?

a)

Compensation and benefits

b)

Training and development

c)

Employee relations

d)

Staffing

49.

True or false: All employees make an impact on a business.

a)

True; all employees make a positive impact on a business.

b)

True; all employees make either a positive or negative impact on a business.

c)

False; only managers and supervisors make an impact on a business.

d)

False; only executives and board members make an impact on a business.

50.

Which of the following business trends affects HR management:

a)

Costs of business going down

b)

No restructuring

c)

Globalization

d)

Lack of new technology

51.

Which of the following is the main purpose of management:

a)

To obtain the needed resources

b)

To reach a specific level of productivity

c)

To accomplish the business’s goals

d)

To create a pleasant working atmosphere

52.

Avery, who manages a silk-screening and embroidery business, has set a goal of increasing sales by 15% in the next six months. To reach his goal, he has increased the business’s advertising budget. This is an example of the ______________ function of management.

a)

planning

b)

directing

c)

organizing

d)

controlling

53.

Which management function is described in the following situation: Christy Chen determines the type of workers she needs, locates qualified applicants, selects those to be hired, and assigns the new hires to a work area.

a)

Directing

b)

Controlling

c)

Staffing

d)

Planning

54.

A manager evaluates the production output of a department by checking it against the production goals for that time period. This is an example of the ______________ function of management.

a)

planning

b)

directing

c)

organizing

d)

controlling

55.

What must managers be able to do if they want employees to understand the business’s goals and be productive?

a)

Listen carefully.

b)

Communicate clearly.

c)

Ask questions.

d)

Obtain feedback.

56.

Which of the following are examples of top-level management job titles:

a)

Floor supervisor, area supervisor, and section manager

b)

President, senior vice president, and chief executive officer

c)

Collections supervisor, crew chief, and production supervisor

d)

District manager, department head, and regional sales manager

57.

Which of the following are examples of middle-management job titles:

a)

Floor supervisor, area supervisor, and section manager

b)

President, senior vice president, and chief executive officer

c)

Collections supervisor, crew chief, and production supervisor

d)

District manager, department head, and regional sales manager

58.

Which of the following are examples of first-line management job titles:

a)

President, senior vice president, and chief executive officer

b)

Collections supervisor, crew chief, and production supervisor

c)

Company vice president, department head, and regional sales manager

d)

Senior vice president, chief financial officer, and regional vice president

59.

Which of the following do many businesses believe to be their most important resource:

a)

Employees

b)

Office supplies

c)

Equipment

d)

Sales revenue

60.

Who is normally responsible for purchasing the proper material resources for workers to use in doing their jobs?

a)

Middle managers

b)

First-line workers

c)

Supervisory managers

d)

Top-level managers

61.

Which of the following is the main purpose of management:

a)

To obtain the needed resources

b)

To reach a specific level of productivity

c)

To accomplish the businesses goals

d)

To create a pleasant working atmosphere

62.

Why should managers know how to do the work of the workers they supervise?

a)

To coordinate employee's efforts

b)

To establish a chain of command

c)

To create a team spirit among employees

d)

To have realistic expectations for workers

63.

Avery, who manages a silk-screening and embroidery business, has set a goal of increases sales by 15% in the next six months. To reach this goal, he has increased the business's advertising budget. This is an example of the ? function of management.

a)

Planning

b)

Directing

c)

Organizing

d)

Controlling

64.

What management function is being described in the following situation: David Thomas, top-level manager, identifies jobs to be performed, assigns responsibility for them, establishes department to handle the jobs, and determine how many and which employees mid-level managers will supervise.

a)

Directing

b)

Controlling

c)

Planning

d)

Organizing

65.

Which management function is described in the following situation: Christy Chen determines the type of workers she needs, locates qualified applicants, selects those to be hired, and assigns new hires to a work area.

a)

Directing

b)

Controlling

c)

Staffing

d)

Planning

66.

Which management function is described in the following situation: James Crane has created a team atmosphere among the members of his sales department. When the team exceeded their monthly sales goal, James rewarded them with a celebratory dinner out and a 5% bonus.

a)

Directing

b)

Contolling

c)

Planning

d)

Organizing

67.

A manager evaluates the production output of a department by checking it against the production goals for that time period. This is an example of the ? function of management.

a)

Planning

b)

Directing

c)

Organizing

d)

Controlling

68.

A manager who helps an employee count the money in a cash drawer and prepare a bank deposit is demonstrating

a)

Natural talet

b)

Technical skills

c)

Creativity

d)

Aggressive behavior

69.

What must managers be able to do if they want employees to understand the business's goals and be productive?

a)

Listen carefull

b)

Communicate clearly

c)

Ask questions

d)

Obtain feedback

70.

A small-business manager who considers who a one-person reduction in office staff could impact the rest of his/her company is demonstrating:

a)

Technical skills

b)

Interpersonal skills

c)

Conceptual skills

d)

Job-knowlege skills

71.

Which of the following are examples of top-level management job titles:

a)

Floor supervisor, area supervisor, and section manager

b)

President, Senior vice president, and chief executive officer

c)

Collections supervisor, crew chief, and production supervisor

d)

District manager, department head, and regional sales manager

72.

Why do top-level managers usually receive high salaries?

a)

Their decisions affect the entrie company

b)

They are required to attend a great many meetings

c)

They have more experience than others in the company

d)

Their responsibilities involve hands-on supervision

73.

Which of the following are examples of middle-management job titles:

a)

Floor supervisor, area supervisor, and section manager

b)

President, senior vice president, and chief executive officer

c)

Collections supervisor, crew chief, and production supervisor

d)

District manager, department head, and regional sales manager

74.

Which of the following is an important function of mid-level management:

a)

To prepare workers' daily schedules

b)

To serve as a link between top-level and first-line management

c)

To make sure projects meet deadlines

d)

To establish long-term objectives for the company

75.

Which of the following are examples of first-line management job titles:

a)

President, senior vice president, and chief executive officer

b)

Collections supervisor, crew chief, and production supervisor

c)

Company vice president, department head, and regional sales manager

d)

Senior vice president, chief financial officer, and regional vice president

76.

Which of the following statements about first-line management is true:

a)

First-line mangers are not responsible for carrying out middle management's plans

b)

First-line managers never work side by side with their employees

c)

Businesses typically hire their first-line managers from inside the company

d)

There are normally fewer first-line managers than middle or top-level managers

77.

Which of the following do many businesses believe to be their most important resource:

a)

Employees

b)

Office supplies

c)

Equipment

d)

Sales revenue

78.

Why do all businesses need financial resources?

a)

To negotiate bank loans

b)

To develop cash budgets

c)

To pay operating expenses

d)

To manage investment accounts

79.

Who is normally responsible for purchasing the proper material resources for workers to use in doing their jobs?

a)

Middle managers

b)

First-line workers

c)

Supervisory managers

d)

Top-level managers

80.

A manager studies the business's previous sales statistics as well as the sales forecast before making purchasing decision. What type of resource is the manager using?

a)

Material

b)

Financial

c)

Human

d)

Information