Principles of Business quiz

Brian is going to a personal trainer. Brian's personal trainer is letting him be involved in some of the exercises that they are doing but in the end, the personal trainer can make the final decision. Which type of leadership style does the personal trainer use?

• Laissez-faire

• Transformational

• Autocratic

• Democratic

Which management function involves analyzing information, setting goals, and making decisions about what needs to be done?

• Planning

• organizing

• Controlling

• implementing

The management function that involves identifying and arranging the work and resources needed to achieve the goals that have been set is

• planning

• organizing

• implementing

• controlling

The management function that determines to what extent the business is accomplishing the goals it set out to reach in the planning stage is

• controlling

• organizing

• implementing

• planning

Which of the following factors is LEAST likely to affect the location of a business?

• Weather Condition

• availability of raw material

• availability of labour

• suitable infrastructure

All of the following are personal traits of an entrepreneur except?

• Creative

• Optimistic

• Fear of loss

• Propensity to take calculated risk

Which of the following is a non-financial work incentive?

• Commission

• Bonus

• Performance Rate

• Fringe Benefits

A key benefit of team work is?

• More inputs and ideas can be put into the decision-making process

• Some weaker members may be carried by hard-working ones.

• There is no central coordination team process

• Decision-making may take longer

Which of the following is NOT a source of conflict?

• Poor working condition

• Job security

• Poor judgement

• Salary Increase

Which of the following strategy is used by an employer to deal with conflicts

• Strike Action

• Sick Out

• Lock Out

• Work to the rule