AQA Business A Level Unit 2

Which of the following are roles of manager (select 2)

• Analysing

• Finance

• Directing

• Setting objectives

Tells, sells, suggests, joins, delegates, abdicates...what leadership style is missing from the Tannenbaum Schmidt continuum?

Which of the following is not a leadership style on the Blake Mouton Grid?

• Country Club Management

• Middle of the Toad Management

• Produce or Perish Management

• Impoverished Management

Which type of management leads to a comfortable, friendly organization atmosphere and work tempo?

• Team Management

• Impoverished Management

• Country club Management

• Middle of the Road Management

How do you calculate expected value?

• Probability

  Outcome

• Probability X Outcome

• (Probability X Outcome) X 100

• (Probability X Outcome)

   + (Second Probability X Outcome)

How do you calculate net gain?

• (Expected value – Cost) X 100

• Expected value – Cost

• Cost - Expected Value

• Expected Value

  Cost

"The ‘real cost’ of taking action over the alternative. It could be staff, time, customers, foregoing alternatives, potential profits" is a definition of...

• Risk

• Uncertainty

• Opportunity Cost

• Uncertainty Cost

Which of the following is not an advantage of using decision trees?

• Can be used to raise finance

• Shows possible outcomes

• Uses a variety of information and previous data

• Takes into account uncertainty and risk

Which of these is not a stakeholder of a school?

• Students

• Suppliers

• Local Government

• Shareholders

If stakeholders are affected equally by an action, their interests are...

• Common

• Conflicting