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WorksheetsBusiness Management 1 - Final Exam Review
Total questions: 55
Worksheet time: 55mins
The primary purpose of developing organizational goals is to:
assign authority.
provide direction.
ensure profitability.
What project management stage involves determining when project tasks should be performed?
monitoring
processing
scheduling
Sandy, a top-level manager, identifies jobs to be performed, assigns responsibility for them, establishes departments to handle the jobs, and determines how many and which employees the mid-level managers will supervise. Which function of management is Sandy performing?
controlling
directing
Amy and Tom work in a busy purchasing department. Amy relies on Tom to provide her with important information every day to do her job. Because the business’s ability to achieve its goals relies on Amy and Tom’s collaborative efforts, these two employees’ jobs are:
flexible
interdependent
symmetrical
Patrice tells her sales staff to spend one-fourth of their time on sales meetings, one-fourth on sales reports, one-fourth on answering emails, and one-fourth on generating new leads. Which step of the organizing process is Patrice demonstrating?
evaluating results
allocating resources
grouping tasks into structures
Which employee has a human resources management career?
Lydia is in charge of communicating with her business's suppliers.
Brian is in charge of orienting new employees and preparing them to do their jobs.
Michael helps his company align business and IT goals to aid in
The Vice Presidents of Marketing, Product Development, Finance, and Operations all report to Camille, the CEO of a Fortune 500 company. They each have their own teams made up of several employees. Which organization structure does this represent?
functional
matrix
A plant manager or a department head would be an example of which level of management?
middle
operating
top
The number of employees that a manager can effectively supervise is their:
delegation
span of control
Which is an advantage of a wide span of control?
requires fewer managerial skills
costs less because businesses employ fewer managers
Which level of management is responsible for purchasing the proper material resources for workers to use in doing their jobs?
first-line
middle
top-level
What management function is responsible for coordinating resources in ways that maximize efficiency?
controlling
directing
organizing
Which type of organizational design has an emphasis on teamwork?
lateral relations
matrix structure
Which type of business management and administration career is all about people?
operations management
human resources management
Positions within:
operations management.
supply chain management.
Department Manager, Small Business Manager, and Regional Manager are positions in:
general management.
operations management.
Benefits Administrator, Labor Relations Manager, and Compensation Analyst are positions within:
operations management.
human resources management.
The role of ethics in human resources management involves:
planning the hiring process.
treating all employees fairly.
It is important for employees to follow the rules of conduct established by management to:
reduce the need for professional development.
maintain a consistent and fair work environment.
Which is an example of human resources management?
Kurt prepares a press release to distribute to the media.
Tony explains the company's policies to a new employee during orientation.
Which is a benefit to businesses of orienting new employees?
Which question should a manager consider when hiring a new employee?
How should the workload be distributed?
How will the company compensate this worker?
What management function involves motivating and encouraging an employee?
directing
recruiting
The first task in the human resources management activity of staffing is:
determining need.
determining job descriptions.
A human resources department uses interactive computer simulations to help employees learn how to do their jobs. For which purpose is the department using this technology?
compliance
training
A primary activity of the directing function of management is:
initiating action.
identifying skills.
The key to recruiting is:
negotiating job offers.
finding the right number of applicants.
Which is an example of an ethical dilemma that human resources managers may encounter?
recruiting job candidates
promoting a qualified employee
developing an employee pay scale
hiring a friend or a family member
Why is it important for managers to provide stability through direction?
By providing stability, managers can eliminate risks.
Instability leads to a greater chance of a high reward.
Employees who feel secure are more productive and happier.
Companies that have stability struggle to guide employees’ work.
Angela’s team consistently hits sales targets and exceeds profit goals. Angela can see that she is a successful director by examining:
time standards.
quality standards.
Which management function involves identifying qualified candidates to perform the business’s work?
controlling
leading
persuading
staffing
Which scenario depicts the directing function?
A CEO determines the company's goals.
A manager hires six new staff members.
A supervisor tells her team the tasks it needs to complete.
A president figures out which staff members should report to him.
Which scenario illustrates the creative aspect of directing?
A manager instructs employees to develop a new website.
A CEO directs a manager, who directs lower-level employees.
A supervisor spends time getting to know each employee individually.
A supervisor tries to determine why his employees are unable to get along.
Directing is pervasive, which means that it:
runs continuously.
flows from the top down.
Which business resource provides information about the company’s dress codes, vacation policies, and general rules for appropriate behavior?
personnel record
employee handbook
If an employee continually fails to follow the firm’s rules of conduct, the firm is likely to:
develop quotas.
change its policies.
promote the person.
take disciplinary action.
What is a cost associated with customer complaints?
loss of sales
higher commissions
additional advertising
markups on inventory
Businesses and customers are taking place:
in stores.
on the phone.
through the mail.
over the Internet.
Businesspeople from one country need to be aware of the cultural differences of businesspeople from other parts of the world to avoid:
meeting face-to-face.
being insulting or rude.
asking important questions.
discussing personal finances.
Which is an example of a cultural characteristic that would have an impact on businesses trading with certain foreign countries?
type of climate
role of females
source of income
variety of industry
One way for employees to demonstrate a service orientation to customers is to reinforce verbal communication with:
effective pricing plans.
good training methods.
positive body language.
vast personal knowledge.
Which statement is true about customer relationship management (CRM)?
A business has implemented a CRM program if it is providing good customer service.
A primary goal of CRM is to maximize the long-term value of customer relationships.
Price is the most important factor in building a long-term buyer-seller relationship.
Organizational culture has little effect on a customer’s experiences with a business.
Which type of customer relationship management software would be most appropriate for a company that is looking for a more efficient way to track leads, prospects, and customers?
personalization technology
matching engine technology
campaign prediction software
sales force automation technology
A way to show respect for foreign clients’ cultural and social differences is to:
embrace cultural stereotypes.
use slang and idioms frequently.
pronounce their names correctly.
always speak in one’s native language.
After a sales call, Carlos inputted a summary of the discussion in the company’s customer relationship management system. What aspect of customer relationship management is he using?
Which are the three major areas of customer complaints?
product, personnel, and the business
labeling, faulty design, and mispricing
improper decisions, oversight, and service
poor service, inaccurate forms, and rudeness
Salespeople who are well informed about the brands, sizes, and styles of goods that their business offers can easily answer which customer question?
What time does the business open?
What is the business’s return policy?
What type of credit does the business offer?
What type of merchandise does the business carry?
Employees can usually provide good customer service by considering the customers’:
appearance
habits
needs
wages
Which is a factor that affects a business’s selection of policies to guide its operations?
the nature of the business
the space available to display policies
the communication skills of employees
the personal preferences of management
The first step in handling customer complaints is to:
tell the customer to be brief.
call the manager for assistance.
let the customer explain the problem.
ask the customer to submit a written grievance.
A business’s brand promise is what the business intends to:
name its product.
use as a trademark.
provide to the customer.
sell to the target market.
What form of technology is MSB using as an element of customer relationship management?
dial-up
wireless
traditional
global positioning
What should one do to determine whether a customer’s complaint is justified?
ask a supervisor
restate the complaint
take immediate action
investigate the problem
If an irate customer yells because of a billing error, what should one do to demonstrate a customer-service mindset?
ensure the error is corrected
blame the billing department
become as upset as the customer
complain about the customer’s attitude
“I buy only the most expensive brands” is a statement that characterizes which type of customer?
