WorksheetsBusiness Management Final Review
Total questions: 50
Worksheet time: 42mins
What is true about the planning management function?
Should be realistic, comprehensive and flexible
Planning is a One-Time Activity
Planning Guarantees Success
Only Upper Management is Involved in Planning
Which of the following is NOT considered a primary function of management?
Planning
Organizing
Marketing
Controlling
Which of the following is NOT considered a type of plan?
Strategic Plan
Operational Plan
Tactical Plan
Controlling Plan
Question 11 (1 point)
What occurs in the planning function of management?
Deciding what needs to be done and how it will be accomplished
Coordinating all those involved to achieve the company of departmental goals
Comparing what was planned with the actual performance
Delegating duties to other employees in the company
Which of the following management styles keeps the operation running smoothly rather than accomplishing other goals?
Power-oriented
Routine- oriented
Achievement-oriented
Micromanagement
The employment process is carried out by which department?
Marketing
Distribution
Management
Human Resources
Which of the following terms describes the ability to achieve a desired result without wasted energy or effort?
Effectiveness
Capability
Sustainability
Efficiency
Which function of management requires an organization chart and sets up the framework needed for staffing
staffing
organizing
leading
Hiring
What is an advantage for centralized organizations?
High cost
Clear chain of command
Increased administration
delays in decision making
What business type has full liability?
Sole Proprietorship
Partnership
LLC
Corporations
Strategic planning is
Long term planning
Short term planning
General Planning
Seasonal Planning
What is a business plan?
A list of promotional ideas
A document that defines a businesses strategies
An estimation of the income and expenses of a business
A calendar of activities for a business
Operational planning is planning that is
Long-term planning
Short-term planning
General planning
Seasonal Planning
The ability to assess and do tasks independently
Positive attitude
Networking
Initiative
Communication
The ability to effectively relay information either by speech or typing
Verbal Communication
Attitude
Tolerance
Teamwork
Being on time every day means to be
punctual
teamwork
honesty
initiative
Working together on a common goal for the good of the company
Time Management
Teamwork
Copyright
Communication
To tell the truth
honesty
time management
punctual
initiative
Getting along with someone even when they don't believe the same things or are not like you is known as
tolerance
technology skills
time management
temporary
Accepting responsibility for your actions is known as
accountability
determination
work ethic
tolerance
Working hard to get the job done is known as
work ethic
compensation
vernacular
attitude
Doing something that needs doing (like bell work or picking something up off the floor) without being told is showing
accountability
initiative
tolerance
creativity
Listening is part of communication.
True
False
To keep trying until you are successful is
confidentiality
perseverance
communication
nonverbal
Jeremy wants to work for a company one day where he can lead large groups of people. What
should he do to start practicing this skill?
Tristan prefers to work alone and does not like to share ideas with peers. Which
employability skill could Tristan work on to become a better student/employee? Select all that apply.
Collaboration
Being able to manage your time effectively to ensure tasks are completed is known as
Time Management
Empathy
Flexibility
Initiative
In a workplace, what term is used to describe the inclusion of individuals of different races, genders, ages, and life experiences?
Harmony
Diversity
Uniformity
Conformity
This occurs when manufacturers of goods pay to have their products included in movies and television programs:
product placement
telemarketing
The inclusion of products in television programs and movies is
on the decline in the United States and around the world.
a growing industry worth billions of dollars in the United States.
This candy was used in the movie E.T. after M&M’s refused to allow their product to be used. The competing brand saw sales jump 65% after being featured in E.T.
Reese's Pieces
Skittles
This technique goes one step further than product placement by using computer technology to add products to scenes that were never there to begin with.
Digital Product Placement
Product Integration
Occurs when the manufacturer of one product combines elements of another company’s product in their advertising. This advertising, while paid for by only one business, has a positive impact on both businesses.
Cross-promotion
Product Tie-In
The concern that a business has about the consequences of its actions on others.
Social Industrial Marketing
Social Responsibility
What is the PRIMARY benefit to entrepreneurs who practice social responsibility?
Increases in the cost of sales.
Recognition in the community and creating goodwill.
This is the process of taking an object with one use and transforming it so that it can be used in an alternative way.
Industrialization
Repurposing
The combination of the four basic marketing decisions - product, place, price, and promotion:
marketing mix
target marketing
Shark Tank is a reality TV program that allows entrepreneurs to pitch their business ideas to a panel of venture capitalists. What is a venture capitalist?
investor
banker
When an entrepreneur decides on a marketing strategy that emphasizes how inexpensive their product is when compared to other competing products:
price competition
non-price competition
This is any form of paid, non-personal communication that uses mass media to deliver the entrepreneur’s message to an audience.
Advertising
Public Relations
This is any non-paid communication about a product, service, company, or cause.
Advertising
Publicity
