Business Mgmt Final Exam Review part 2

The three levels of management include

• top, middle, and bottom

• executives, supervisors, and workers

• senior, vice president, and secretary

• executives, middle managers, and supervisors

Which is NOT a management task 

• staffing
• controlling
• assisting
• planning

A document used to outline the principles of conduct to be used in making decisions within the organization is 

• the ethical code
• a code of ethics
• a company policy
• good business standards

Management includes the processes or functions of planning, organizing, leading and 

• listening
• delegating
• controlling
• dictating

What will you find in the Occupational Outlook Handbook?

• thousands of job descriptions
• information on job trends
• pay scales for various jobs
• all are correct

"As the price of goods rises, producers are willing to offer more of that good" is the 

• law of supply
• law of demand
• opportunity cost
• theory of economics

The leadership style where the manager makes the decision alone, without input from others is called

• accommodating

• autocratic

• collaborative

• effective

Laws that protect and provide benefits to employees are called

• employment laws
• employee protection laws
• workplace standards
• fair labor laws

A barrier to effective decision making is

• indeciciveness
• gut instinct
• dishonesty
• all are correct

If you are absorbing what someone is saying and responding to that person's concerns, then you are

• actively listening
• communicating in writing
• managing effectively
• all are correct