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WorksheetsUnit 2 Review - Principles of Business
Total questions: 20
Worksheet time: 10mins
Intermediaries are businesses involved in selling the goods and services of producers to consumers and other businesses.
True
False
Corporations are owned by at least two shareholders.
True
False
Span of control is the number of employees who are assigned to particular work task manager.
True
False
A mission statement describes the reason a business exists and what it wants to accomplish.
True
False
Outsourcing removes work from one company and sends it to another company that can complete it at a lower cost.
True
False
A worker who has no explicit or implicit contract for long-term employment is a
migrant worker
blue collar worker
contingent worker
part-time worker
Most businesses in the United States are
nonprofit corporations
partnerships
proprietorships
S corporations
The right to make decisions about how specific work should be completed is called
authority
accountability
span of control
responsibility
A designed change that increases the usefulness of a product is a(an)
impropriety
innovation
improvement
invention
This management function involves identifying and arranging the work and resources needed to achieve goals.
controlling
organizing
staffing
implementing
This type of influence arises when employees recognize that the leader has special knowledge or ability in the area.
reward influence
expert influence
identity influence
position influence
The human resources activity of "employee relations" involves
health and safety planning
job placement
wage and salary planning
performance assessment
A compensation plan in which an employee receives a specific amount of pay for each unit of work produced is called
piece rate
straight salary
time wage
commission
The assignment of an employee to another job in the company with a similar level of responsibility is called a
promotion
transfer
discharge
termination
Which of the following is usually NOT included a resume?
personal information
education
references
employment history
Which of the following is NOT good advice for someone preparing for a job interview?
be on time
take several friends for moral support
dress properly
prepare questions to ask during the interview
Which of the following describes networking?
spending time with a worker for a day or week to learn about a certain occupation
talking to other people about their jobs
involves work experience in an organization while learning about a career field
influence that stems from the personal trust and respect members have for the leader
Which of the following best describes job shadowing?
an employee hired for a specific time or to complete a specific assignment
management style that is effective when a group of employees is experienced and works well together
involves work experience in an organization while learning about a career field
spending time with a worker for a day or week to learn about a certain occupation
Small businesses create only a tiny fraction of new jobs in the U.S. economy.
True
False
Terminations are always the result of inappropriate work behavior.
True
False
