Business Management Final Review

Front

Which of the following is NOT one of the four management functions? Planning, Organizing, Budgeting, Controlling

Back

Budgeting

Front

What does the 'S' in SWOT Analysis stand for?

Back

Strengths

Front

Which leadership style is characterized by the leader making all the decisions without much input from group members?

Back

Autocratic

Front

Which type of planning focuses on long-term goals and the overall direction of an organization?

Back

Strategic Planning

Front

Which of the following is NOT a type of business ownership? Partnership, LLC, Franchise, League

Back

League

Front

What type of organizational structure is characterized by a clear, hierarchical structure?

Back

Line (Traditional)

Front

Lean Operations primarily aim to: Increase product variety, Reduce waste, Expand market reach, Increase inventory

Back

Reduce waste

Front

Which of the following is NOT a type of financial statement? Income Statement, Balance Sheet, Cash Flow Statement, Supply Chain

Back

Supply Chain

Front

Which item is typically found on a balance sheet? Revenue or Sales, Expenses, Assets, Cash Flow

Back

Assets

Front

Which method to raise capital includes borrowing money and paying it back with interest?

Back

Debt Financing