AOS 1 - Business Foundations Quiz

What are three management styles?

• Classic, Autocratic, Democratic

• Persuasive, Behavioural, Contingency

• Autocratic, Consultative, Participative

• Scientific, Laissez-faire, Competitive

What type of business involves starting and owning a person's own company?

• Private Limited Company

• Sole Trader

• Social Enterprise

• Partnership

Which is not an example of a business stakeholder?

• Employees

• Customers

• Suppliers

• Competitors

_____ = The type of business focused on contributing to the well-being of society.

Corporate Culture is based on:

• The values, ideas, expectations and beliefs shared by staff and managers of the business.

• The management and leadership style in an organisation.

• The rules and regulations set out by an organisation.

• The traditions and customs of a business

List one business objective

How can a business analyse its performance?

Read the following paragraph and indicate which management skill is described.

Sergeant Fox tried to visualise, examine, consider, realise, and reflect on the factors involved to accomplish his mission. He knew he would have a lot of work to do before anything actually got accomplished. He had to define the squad's objective, study the situation, list and examine possible courses of action, and select the course of action that would accomplish his objective.

• Planning

• Organising

• Coordinating

• Controlling

List two management skills

What is an example of an essential element of corporate culture?

• Values and Practices

• Rituals, Rites and Celebrations

• Heroes

• All of the Above