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Total questions: 10
Worksheet time: 5mins
Choose the WRONG answer: Planning is a basic and important function because it helps to:
Anticipate changes in the business environment
Mobilize all resources for business activities
Propose strategies
Ensure that companies will never fail
Products in the “Question marks” box of the BCG matrix are the products that:
Locate in the low-growth industry
High relative market share with potential development
Low relative market share in high-growth industry
High relative market share in the market that is going down
The basic objective of human resource management in enterprises is:
Offering jobs for unemployed people
Saving most of the wage amount paid for employees to reduce product price.
Creating maximum saving towards human resource management cost
Using human resource effectively to increase the company’s productivity and performance.
Finding many input suppliers will bring in benefits for enterprises
Select suitable supplier without squeezing price or pressing price
Late payment without terminating the contract
Not neccessary to sign contract with the supplier
Easily cancelling signed contract with the supplier
Which statement DOES NOT illustrate right about characteristics of business environment?
Business environment is an open system
Factors in business environment operate independently
Business environment is dynamic in nature
Business environment is objective
Choose the WRONG answer: Advantage of diversification strategy is:
Divert risks between different activities
Take advantage of every business opportunity appearing on the market
Simple management activity
Create opportunity to penetrate into international market
Product differentiation strategy DOES NOT have this characteristic
Meet the demands of customers in their own way
Compete mainly by low cost
Serve many market segments
Products with high differentiation level
Choose the WRONG answer. Product in the box “Dog” of BCG matrix has the characteristic:
Have low relative market share but with development potentials that should be invested prior.
Have low market share in slow developing market
Do not have capability to develop
At the last state of the product life cycle with high cost
Which is the best recruiting source to meet the demand of recruiting for enterprises to the position of Chief Financial Officer)?
Employees from other firms
Graduates from schools, colleges and universities
Former employees
Former employees
Choose the WRONG answer: Retrenchment strategy is applied in the situation:
The economy is falling into crisis
The industry does not have opportunity for long-term growth
The industry does not have opportunity for long-term growth
Enterprise is satisfied with current business result
