Business Management MCQ Questions Answers

1. The affordability of health care is one of the most important _____ issues of our time?

2. The ________________ requires employers with more than 50 employees to provide health insurance

3. Generally speaking, the most dramatic increase in revenue occurs in the _________ phase of the plc.

4. With experience, unit costs of production decline as _________ increases in most industries.

5. The lowest level of diversification is the ____ level.

6. Value marketing is the strategy of offering consumers ________.

7. Emphasis on process design is high during the __________ stage of the industry life cycle.

8. An acquisition that results in ______________ indicates that expectations were not met.

9. A key __________ of swot is that it is primarily a static assessment.

10. ________ exemplifies the complexity of relationships among the functional areas of business.

11. A firm's core strategy is its ____ strategy

12. A firm following a focus strategy must focus on _____________.

13. A ________ marketplace supplies products and services of interest to particular industries.

14. _____ precisely indicates how much of a firm's sales is converted into profits.

15. In a successful _____, the trade-offs between differentiation and low cost are reconciled.

16. Through _____, a firm puts its guiding policy into practice by employing a set of coherent actions.

17. Sustained competitive advantage is most achievable in a ____ market.

18. The typical risks of a cost leadership strategy include___________.

19. Technology experts in the area of _____ specialize in technology for competitive advantage.

20. Managers use __________ for developing human capital.

21. The investor relations pages of a company website ________ information about a firm.

22. A(n) _____ leverages new technologies to attack existing markets.

23. Max depree suggested that a successful entrepreneur could be compared to ________.

24. External governance control mechanisms include __________ and ________________.

25. Advertising is a __________ activity. supply of replacement parts is a __________ activity.

26. Contemporary approaches to strategic control rely primarily on _______ learning.

27. ________ inventory systems are designed to maintain a running count of the items in inventory.

28. All good strategic management processes start with __________.

29. Inflation is an example of a(n) _____ force in an organization's environment.

30. The characteristics or attributes of a trustee that inspire trust are defined as one's _____.

31. The audiences perception of closeness and interaction with the speaker is called________.

32. Job ______ is the opposite of job ______.

33. Policies, rules, and standard operating procedures (sops) are all types of _____ plans.

34. Paying a woman less than a man for the same work is known as _____.

35. In kurt lewin's three-step change process, organizations are pushed toward change by ________.

36. In a(n) _____ organization, important decisions usually are made at the top.

37. In the middle east, ________ plays a major role in all aspects of life, including work.

38. In a low-context culture ____.

39. Work teams that perform at a high level typically fill ________ different team roles.

40. When a budget is formulated, it is being used as a(n) ________ tool.

41. In a personal scorecard, __________ reflects your values and philosophy of life.

42. Flat organizational structures become more and more desirable as __________ uncertainty increases

43. A leaders positive influence emerges from persuasiveness, competence, and _______ skills.

44. A high concern for people but minimal concern for performance can best describe the _____ culture.

45. ______________ involves assembling and coordinating organizational resources.

46. ___________ reflects the integrity of decisions made and is a function of many factors.

47. __________ are groupings of people based on shared demographic and job identities.

48. _____ refers to an organization's moral obligation toward all of its stakeholders.

49. _____ refers to an individuals sense of having a choice in initiating and regulating actions.

50. _____ is characterized by intangible outputs.

51. _____ is a technique for resolving resource conflicts by delaying tasks.

52. _____ indicates how much labor, capital, materials, and energy it takes to create an output.

53. _____ generates higher employee commitment, development, and satisfaction than does _____.

54. _____ describe leadership situations and are used as vehicles for leadership discussions.

55. _____ are the natural rewards associated with performing a task or activity for its own sake.

56. A _____ represents a phrase or sentence that succinctly expresses a key corporate value.

57. In a project structure, when employees finish a project they ________.

58. Associated with the condition of _____ is the lowest possibility of failure.

59. _____ are less likely than _____ to develop mentoring relationships.

60. _____ are associated with surface level of organizational culture.

61. ____ is the extent to which goals are detailed, exact, and unambiguous.

62. When an organization needs a new direction, the ________ leadership style is appropriate.

63. The three components of ______ are affective, cognitive, and behavioral.

64. The _____ was established to promote a common code of conduct for the electronics and ict industry.

65. Strategic plans for a company generally have a(n) ____ time horizon.

66. Spoken communication electronically transmitted contains _______ information richness.

67. Workplace surveys suggest that satisfied employees are becoming _____.

68. Typically ______-level goals and strategies require intermediate- and short-term plans.

69. The intellectual capital equation is: intellectual capital = __________.

70. The _____ plans future investments in major assets to be depreciated over several years.

71. On the basis of research evidence, the two basic needs categories are ____.

72. The highest level of information richness is achieved when messages are transmitted through _____.

73. The process of strengthening a behavior by withdrawing something negative is called _____.

74. The principal manager of the is department is typically referred to as the ______.

75. Workplace performance is maximized when _____.

76. Even for nonprofits, sooner or later there will be no organization without ____.

77. Direct supervision of employees is a form of ________ control.

78. Countertrading is ___ goods for goods

79. A flow that directs the order of activities in a business process is termed a(n) ________.

80. The hawthorne studies showed that ____ are equal to salary motivation.

81. The u.s. army's motto to "be all that you can be" relates most closely to the ____ level of needs.

82. A(n) _____ is the personal satisfaction and enjoyment that a person feels from attaining a goal.

83. 4-1-9 fraud is an example of a ____________________ attack.

84. A u.s. business that provides on-site childcare facilities for employees is ________.

85. Today nearly one in six american workers is _____.

86. The work of your group would be better done in teams if the members of the team are ________.

87. The two major advantages of getting a loan versus investment capital are ________.

88. When others expectations exceed ones ability, ________ occurs.

89. The most popular approach to increasing goal commitment is ____.

90. Teams rapidly develop shared perceptions and commitment during the _____ stage of team development.

91. To encourage more ethical decision making in an organization, its managers should ____.

92. The major drawback to the use of virtual teams is ____.

93. The lack of women and minorities in senior management positions can be explained by __________.

94. The justice approach to deciding ethical dilemmas is guided by _____.

95. The _____ style of conflict management is halfway between domination and appeasement.

96. The _____ model is founded in classic economic precepts.

97. The _____ conflict resolution style is best when maintaining harmony is important.

98. Seating arrangements and dynamics can be examined in a(n) ________ study.

99. Normative controls should be used when ____.

100. When people perceive _____, they are more likely to support decisions and decision makers.