Business Management Final Review

Front

What is true about the planning management function?

Back

Should be realistic, comprehensive and flexible

Front

Which of the following is NOT considered a primary function of management? Planning, Organizing, Marketing, Controlling

Back

Marketing

Front

Which of the following is NOT considered a type of plan? Strategic Plan, Operational Plan, Tactical Plan, Controlling Plan

Back

Controlling Plan

Front

To be effective, managers need: Technical skills, Interpersonal skills, Conceptual Skills

Back

All of the above

Front

What occurs in the planning function of management?

Back

Deciding what needs to be done and how it will be accomplished

Front

Which management style keeps the operation running smoothly rather than accomplishing other goals? Options: Power-oriented, Routine-oriented, Achievement-oriented, Micromanagement

Back

Routine-oriented

Front

Which of the following terms describes the ability to achieve a desired result without wasted energy or effort? Effectiveness, Capability, Sustainability, Efficiency

Back

Efficiency

Front

The primary reason individuals start a business.

Back

Profit motives

Front

Which function of management requires an organization chart and sets up the framework needed for staffing?

Back

organizing

Front

When a business has made enough money to pay its costs and begin to make a profit, it has reached its

Back

break-even point