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BUSINESS MANAGEMENT AND ADMINISTRATION CLUSTER EXAM

Total questions: 92

Worksheet time: 46mins

Name
Class
Date
1.

Which of the following statements best describes the difference between a traditional supply chain and a supply chain network (SCN):

a)

A supply chain network uses advanced technology to enhance information sharing.

b)

A traditional supply chain is typically managed by the retail business, not the manufacturer.

c)

A traditional supply chain involves a higher level of interdependence among businesses.

d)

A supply chain network includes many more businesses to allow for global distribution.

2.

A workload analysis assesses

a)

current and future human resources needs.

b)

the human resources that are available.

c)

how many hours each job task takes to complete.

d)

the number of staffing tasks each manager completes.

3.

What attitude would be most likely to support long-term relationships between businesses and their suppliers?

a)

Collaborative

b)

Influential

c)

Creative

d)

Reflective

4.

If a country with a developing economy participates in free trade, it can expect to encounter

a)

better relationships with other countries.

b)

job loss.

c)

fewer resources.

d)

limited access to new markets.

5.

Which of the following business analysis techniques focuses on how to approach and achieve an organization's goals:

a)

M.O.S.T.

b)

Six Thinking Hats

c)

S.W.O.T.

d)

P.E.S.T.L.E.

6.

Entrepreneurs protect the profitability of their businesses by developing which of the following skills:

a)

Passive and technical

b)

Language and operations

c)

Domestic and team-building

d)

Financial and problem-solving

7.

An important aspect of managing the project team is

a)

monitoring the work effort.

b)

carrying out members' work tasks.

c)

interpreting external data.

d)

evaluating the stakeholders' interests.

8.

Knowledge management allows companies to

a)

improve their technology.

b)

spend less time on information management.

c)

increase sales revenue.

d)

better answer customer questions.

9.

What is a major difference between the critical path method and the critical chain method for project management?

a)

The critical path method considers uncertainty more than the critical chain method.

b)

The critical path method includes buffers; the critical chain method does not.

c)

The critical chain method considers resource constraints; the critical path method does not.

d)

The critical chain method accounts for total float; the critical path method does not.

10.

Nonjudgmental, immediate, and nonthreatening are all characteristics of

a)

internal feedback.

b)

destructive criticism.

c)

constructive criticism.

d)

positive feedback.

11.

Which of the following is a technological tool that a business uses to store, update, and access various types of information:

a)

Newsletter

b)

Instruction manual

c)

Relational database

d)

Microfilm

12.

When prioritizing work, employees should place the most importance on work that involves

a)

interactive tasks.

b)

tight deadlines.

c)

interpersonal communication.

d)

routine activities.

13.

Which of the following is a reason to apply knowledge management processes:

a)

To reduce innovation

b)

To increase specialization

c)

To manage information overload

d)

To promote an affective culture

14.

As the size and power of United States businesses have increased over time, the federal government's involvement in the U.S. economy has

a)

decreased.

b)

stayed the same.

c)

become unimportant.

d)

increased.

15.

According to the statement of cash flows in a company's annual report, its cash flow from operations last year was 5,260,300anditscapitalexpenditureswere5,260,300 and its capital expenditures were 980,200. What was the company's free cash flow?

a)

$4,280,100

b)

$5,397,164

c)

$1,863,391

d)

$6,240,500

16.

Mara recently accepted a job with the Sweet Treat Cookie Company. Her new employer required her to sign a document stating that she will not reveal the ingredients in the company's cookie recipes to external sources. This is an example of a(n)

a)

nondisclosure agreement.

b)

indictment.

c)

injunction.

d)

noncompete provision.

17.

The primary reason that people lose or leave their jobs is that they have

a)

difficulty understanding their jobs.

b)

difficulty getting along with others.

c)

poor self-esteem.

d)

poor job performance.

18.

Which of the following are results of properly using analytical reports:

a)

Better flexibility and damaged reputation

b)

Improved adaptability and greater independency

c)

Improved productivity and enhanced communication

d)

Increased collaboration and decreased adaptability

19.

One of the most basic requirements of demonstrating honesty and integrity is to

a)

report any dishonest behavior you hear about.

b)

know how to avoid answering some questions.

c)

learn from others' conversations.

d)

tell the truth in all situations.

20.

Which of the following is most likely to occur as a result of a weak dollar in the United States:

a)

Americans will buy fewer imports.

b)

Americans will experience higher unemployment rates.

c)

Americans will pay higher interest rates.

d)

Americans will sell fewer exports.

21.

What type of law addresses issues that interfere with a firm's right to do business?

a)

Criminal

b)

Judiciary

c)

Tort

d)

Environmental

22.

Which of the following statements regarding the relationship between a business and its supply chain is true:

a)

If a business's supply chain is poorly managed, customer satisfaction is likely to suffer.

b)

A business's supply chain has very little impact on the business's overall success.

c)

Supply chains with organizational problems tend to boost members' overall success.

d)

Effective supply chain management results in lower customer satisfaction.

23.

Ariel keeps all of her clients' information on her company's server. What method can Ariel use to ensure the information is unreadable to unauthorized users?

a)

Installing antivirus software

b)

Posting a security policy

c)

Creating strong passwords

d)

Encrypting the information

24.

The Maxwell Manufacturing Company regularly inspects its production equipment and conducts regular maintenance activities to ensure that the equipment works correctly and is not a danger to employees. By conducting these activities, Maxwell is complying with laws that relate to

a)

workplace safety.

b)

chemical emissions.

c)

discrimination.

d)

technical security.

25.

Which of the following is an example of ethical behavior:

a)

Building relationships

b)

Bending the rules

c)

Honoring your promises

d)

Imitating what others do

26.

What should you include in the conclusion section of a research report?

a)

A. A detailed analysis of your argument

b)

B. New information to make your argument stronger

c)

C. Background information about your topic

d)

D. Reasons why your research findings are significant

27.

What management function establishes a business's goals and objectives?

a)

Directing

b)

Organizing

c)

Planning

d)

Staffing

28.

One of the most important, fundamental keys to successful change management is

a)

minimizing use of resources.

b)

involving everyone in the organization.

c)

ensuring changes do not impact competitiveness.

d)

focusing on processes over people.

29.

The use of sorting techniques to capture knowledge involves

a)

obtaining and storing confidential information.

b)

documenting relevant facts.

c)

comparing and ordering concepts.

d)

setting long-term objectives.

30.

Which of the following statements accurately describes the relationship between innovation, learning, and change:

a)

Innovation triggers internal and external changes, leading to new learning.

b)

Internal and external changes trigger new learning, leading to innovation.

c)

Internal and external changes trigger innovation, leading to new learning.

d)

New learning triggers innovation, leading to internal and external changes.

31.

Rachel says to the audience, “Now that you have some insight about the nature of the problem, I'll discuss the methodology that our firm used to conduct the research.” This statement is an example of a(n)

a)

gesture.

b)

transition.

c)

introduction.

d)

conclusion.

32.

The ability of an individual to influence the actions of other people is known as

a)

charisma.

b)

leadership.

c)

authority.

d)

power.

33.

How does having a customer-service mindset benefit a business's employees?

a)

It creates a competitive work environment.

b)

It increases the employees' efficiency levels.

c)

It helps the business achieve its profit goals.

d)

It helps employees advance in their careers.

34.

What is the first step of the litigation process?

a)

The defendant answers a complaint.

b)

The defendant files a complaint.

c)

The plaintiff answers a complaint.

d)

The plaintiff files a complaint.

35.

Cameron knows that lying to clients is wrong, but his supervisor encourages it and acts like it is a necessary part of the project's success. Cameron is tempted to act unethically because of

a)

the pressure to hit key deadlines.

b)

his power and authority.

c)

his lack of ethical principles.

d)

the organizational culture.

36.

By cleaning up their work areas at the end of each day, employees usually are able to

a)

lead change.

b)

complete work accurately.

c)

cope with problems.

d)

stay organized.

37.

Jorge was hired by a company to establish a plan to protect its digital assets. What is the first thing Jorge should do in this process?

a)

Purchase a cyber insurance policy

b)

Back up all digital assets

c)

Register for ownership of digital assets

d)

List all of the company's digital assets

38.

Which of the following is a strategy to help manage risks in a global supply chain:

a)

Accept lower quality levels

b)

Work only within the same time zone

c)

Work with experienced partners abroad

d)

Hire only local workers

39.

To secure confidential financial data that are transmitted online, businesses often use

a)

bots.

b)

debuggers.

c)

cross-platform technology.

d)

encryption techniques.

40.

The main difference between arbitration and mediation is that

a)

mediation involves a third party.

b)

mediation applies to criminal cases.

c)

arbitration is a nonbinding process.

d)

arbitration involves a judgment.

41.

Rita knows she will get a bonus if she pushes for her company to go through with a merger, but she also knows that in the long term, this merger might threaten her job. If Rita supports the merger, she is likely motivated by

a)

sunk costs.

b)

incrementalism.

c)

short-term gratification.

d)

overoptimism and overconfidence.

42.

One activity associated with the directing function of management is

a)

interviewing applicants.

b)

establishing goals.

c)

instructing employees.

d)

determining tasks.

43.

The first step in the control process that management should follow to determine if the company is achieving planned annual sales and profits is to

a)

take corrective action.

b)

set monthly or quarterly sales and profit goals.

c)

monitor sales and profit performance.

d)

determine causes of lagging sales or profits.

44.

Why would a business's stockholders be interested in the business's accounting records?

a)

To find out whether the business plans changes

b)

To know when to send in their next dividend

c)

To know whether they have made a good investment

d)

To find out what benefits employees receive

45.

The final step of change management is to

a)

create a vision.

b)

undo the change.

c)

implement the change.

d)

analyze results.

46.

While a U.S. company conducts business in Chile, the value of the Chilean peso fluctuates and depreciates against the U.S. dollar. This is an example of which of the following types of risk:

a)

Foreign exchange

b)

Security and fraud

c)

Geopolitical

d)

Competition

47.

Which of the following tools can be used to reduce information redundancy, control access to information, and share and back up data:

a)

Database management systems

b)

Financial accounting software

c)

Social networking websites

d)

Cloud-based storage applications

48.

The production manager of a company that produces wrenches, hammers, and electric drills would most likely report to the

a)

operations assistant.

b)

quality control line supervisor.

c)

director of purchasing.

d)

vice president of manufacturing.

49.

Operations managers must work closely with managers and employees in

a)

the marketing department only.

b)

all other parts of the business.

c)

foreign markets.

d)

competing businesses.

50.

To help ensure that its records will survive a large scale disaster such as a flood or hurricane, the ABC Company should store its records

a)

in a remote location.

b)

on desktop computers.

c)

in a locked file room.

d)

in digital formats.

51.

When the meeting leader asked the group participants if they had any suggestions for the new product catalog, Lily pulled out a list of notes that she had compiled and talked for the remaining 20 minutes of the hour-long meeting. In this situation, Lily

a)

followed parliamentary procedure.

b)

monopolized the discussion.

c)

expressed her opinions clearly.

d)

provided positive feedback.

52.

To provide transparency for investors and customers, entrepreneurs should

a)

separate their business and personal finances.

b)

use personal money for business purposes.

c)

open a joint bank account for all employees.

d)

use business money for personal purposes.

53.

A hotel wants to purchase computer software that would store, manage, and retrieve customer information in order to better serve customer needs and increase sales. What type of software should the hotel buy?

a)

Computer-aided design

b)

Spreadsheet

c)

Database

d)

Word processing

54.

Mark works in the research and development department of a large snack food company. It is his job to develop products that consumers will buy and make changes to already existing products to benefit the company. What marketing function is Mark fulfilling?

a)

Product/Service management

b)

Marketing-information management

c)

Pricing

d)

Purchasing

55.

Which of the following is a question that should be answered when developing the lessons learned document:

a)

Who are our stakeholders?

b)

What are the risks?

c)

What equipment should we use?

d)

How can we improve?

56.

A business is being sued and is afraid of the negative press coverage that the lawsuit will bring. What might the business choose to do to avoid negative press?

a)

Launch a new product

b)

Offer a settlement

c)

Hire stronger lawyers

d)

File its own lawsuit

57.

A primary purpose of preparing a work breakdown structure for a project is to

a)

set the project goals.

b)

identify the project deliverables.

c)

streamline the workload.

d)

evaluate the quality of resources.

58.

Ranga wants to save for retirement. Ideally, he would like a retirement plan that allows him to make tax-free withdrawals from his account during retirement. What retirement plan would be best for Ranga?

a)

401(k) plan

b)

Roth IRA

c)

Traditional IRA

d)

403(b) plan

59.

Filipe is a chef at a restaurant. When Filipe turns his ingredients into a complete meal, he's taking part in

a)

mass production.

b)

resource transformation.

c)

dispatching.

d)

the conversion process.

60.

Which of the following is a common characteristic of an inspired individual:

a)

Open to new experiences

b)

Less satisfied with their life

c)

More extrinsically motivated

d)

High levels of self-doubt

61.

Rather than doing them all himself, Sam asked a classmate to create a few of the slides for their group presentation. Sam recognized that he could not do everything himself and instead decided to

a)

prioritize.

b)

overcommit.

c)

divulge.

d)

delegate.

62.

A store's written policy concerning returns states that "Refunds will be issued when a receipt is presented; other returns will be given store credit." Mrs. Garcia, a regular customer, returns a product without a receipt, complains about the store's return policy, and is given a full refund even though she doesn't have a receipt. Another customer overhears the conversation and asks for a refund without a receipt, but the store denies that request. How would enforcing the return policy have a positive impact on the business?

a)

Reduce misunderstanding and ill will

b)

Ensure fair treatment of employees

c)

Guide customers' actions and protect their decisions

d)

Eliminate consistent behavior

63.

Before a business begins negotiating with a vendor, it carefully plans the specific points or terms that it is willing to give up that will benefit the vendor. What is the business planning?

a)

The vendor's purchasing power

b)

Desired shipping terms

c)

Targeted discount rates

d)

Its concession strategy

64.

Which of the following is an example of intangible inventory:

a)

The number of works-in-process in the company's warehouse

b)

The amount of raw goods on hand according to the company's database

c)

The total amount of finished goods currently waiting to be shipped

d)

The quantity of finished goods currently in transit to distributors

65.

A characteristic of a simple written report is that it usually is

a)

abstract.

b)

detailed.

c)

formal.

d)

short.

66.

Which of the following is a technique that companies can use to promote a work-life balance:

a)

Give all of the most stressful tasks to the most qualified person

b)

Expect employees to reply to emails and phone calls promptly

c)

Offer a generous amount of paid time off

d)

Discourage telecommuting and working remotely

67.

After developing a plan for an advertising campaign, a manager is ready to delegate responsibilities to specific employees. Which management function should the manager focus on?

a)

Controlling

b)

Directing

c)

Organizing

d)

Planning

68.

Harley is an excellent graphic designer, but she doesn’t want to share her tips and tricks with her team members. She’s afraid they’ll become better designers than her. Harley’s organization is being hindered by her

a)

data privacy.

b)

transparency.

c)

self-interest.

d)

intentionality.

69.

The usefulness of a product to consumers is referred to as product

a)

allocation.

b)

scarcity.

c)

consumption.

d)

utility.

70.

The primary ethical conflict in operations is to find ethical ways to cut costs and

a)

keep employees safe.

b)

maximize profits.

c)

develop new products.

d)

hire new employees.

71.

The ONT Company is a very large firm that handles many types of projects. What type of project-management software program would be the best choice for ONT to use?

a)

Costing

b)

Scheduling

c)

Individual-level

d)

Corporate-level

72.

Kerry always obtains and saves receipts for her __________, which are a tax-deductible expense.

a)

charitable gifts

b)

lunch with coworkers

c)

rent payments

d)

political contributions

73.

Which of the following is an acceptable file name for a word-processing document:

a)

Office Calendar *3/30/2024*

b)

Office Calendar: 3/30/2024

c)

Office Calendar 3 30 2024

d)

Office Calendar <3 30 2024>

74.

When changing data, it is important to

a)

erase all previous data.

b)

make changes quickly.

c)

send a memo to all company employees.

d)

make identical changes in all locations.

75.

Your teacher gives you a take-home test, and you're not supposed to use your book to find the answers. You didn't study very much, and now you are tempted to open your book. You know you'd never get caught for cheating. This is a(n) __________ dilemma.

a)

social

b)

ethical

c)

legal

d)

educational

76.

Which process group includes analyzing and measuring project performance?

a)

Initiating

b)

Executing

c)

Closing

d)

Monitoring and controlling

77.

Reynolds Uniform Supplier agreed to sell 500 customized polo shirts to a fast-food restaurant chain at a price of 10each.Afterreceivingtheshirts,however,thefastfoodrestaurantwassurprisedtofindthattheorderwasmissing100shirtsandthatthesupplierchargedthem10 each. After receiving the shirts, however, the fast-food restaurant was surprised to find that the order was missing 100 shirts—and that the supplier charged them 12 per shirt instead of $10. Reynolds Uniform Supplier most likely violated __________ law.

a)

tax

b)

contract

c)

sales

d)

property

78.

How does process thinking help organizations?

a)

Enables them to find out who to blame for issues

b)

Assists them in separating work between departments

c)

Helps them avoid documenting workflow

d)

Lets them know why they succeeded or failed

79.

One of the safest and most responsible ways to determine whether an expensive item you're interested in is worth the money is by

a)

contacting the company.

b)

reading verified customer reviews.

c)

searching for other advertisements.

d)

buying the item to see for yourself.

80.

What does an accurate income statement often help a business identify?

a)

Excessive income

b)

Problem vendors

c)

Trouble spots

d)

Potential sales

81.

Which of the following focuses primarily on preventing defective products from being created:

a)

Quality control

b)

Quality inspection

c)

Quality management

d)

Quality assurance

82.

How does the use of GPS tracking and chipping impact supply chain management?

a)

It hinders efficiency.

b)

It complicates the process.

c)

It helps with decision-making.

d)

It increases spending.

83.

Which of the following is an activity that falls under supply chain management:

a)

Creating advertising campaigns

b)

Building relationships with vendors

c)

Hiring new employees

d)

Managing investments

84.

According to the Capability Maturity Model Integration (CMMI) model, the highest level of maturity that an organization can reach is

a)

optimizing.

b)

initial.

c)

managed.

d)

defined.

85.

Which of the following scenarios best represents a company trying to achieve aspirational quality with its products:

a)

It aims to meet stakeholder and sponsor expectations.

b)

It aims to greatly exceed customer expectations.

c)

It aims to meet standard levels so products can't be deemed failures.

d)

It aims to do the bare minimum to meet standard levels.

86.

Which of the following is a recipient-focused informational message:

a)

Everything in the store is on sale during the store's 50th anniversary sale!

b)

You'll save at least 50% on everything in the store during this incredible sale!

c)

We're holding a once-in-a-lifetime sale to celebrate our 50th year of business!

d)

Webber Fashions has been in business for 50 years, so we're celebrating!

87.

Human resources managers often walk a fine line between doing what is best for the organization and doing

a)

what their family members want them to do.

b)

the action that requires the least amount of work.

c)

what other employees or managers want them to do.

d)

the least profitable thing for the organization.

88.

Without ethical standards, risk management activities can sometimes occur

a)

illegally.

b)

at the expense of other people.

c)

too often.

d)

without a strong leader in place.

89.

In which component of the project's statement of work (SOW) would the following message most likely appear: "Due to the limited amount of time allocated to complete the study, the survey sample size may need to be reduced."

a)

Deliverables

b)

Purpose

c)

Constraints

d)

Benefits

90.

One of the main external factors that may cause a firm to change its business processes is

a)

desire for growth.

b)

competition.

c)

high operating costs.

d)

low employee morale.

91.

Under which of the following circumstances is it appropriate for applicants to prepare interview follow-up letters:

a)

After they have submitted application forms

b)

Before they agree to pre-employment testing

c)

In order to send information with résumés

d)

When they are no longer interested in the job

92.

Chloe recently took over the family business so that her parents could retire. While reorganizing her dad's desk so that she could use it, Chloe found several compact discs (CDs). She'd like to find out what is stored on each disc, but she doesn't have a computer with a CD drive. She can't access the data on the discs because CDs have become

a)

destructive.

b)

obsolete.

c)

decentralized.

d)

networked.