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Unit 3 Review

Authored by Angela Royster

Business

12th Grade

Unit 3 Review
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50 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which is a trend in proper information management?

Decreased competition

Increased number of workers in an office

Decreased number of electronic documents

Increased compliance of laws and regulations

Answer explanation

Increased compliance with laws and regulations is a key trend in information management, as organizations must adhere to legal standards for data protection and privacy, ensuring better governance and risk management.

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which activity demonstrates information management?

Hiring appropriate employees

Researching customers’ needs

Conducting employee evaluations

Storing and retrieving employee payroll data

Answer explanation

Storing and retrieving employee payroll data is a clear example of information management, as it involves organizing, maintaining, and accessing important data efficiently.

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Why is information management necessary for strategic information in a business?

To write an annual report

To make long-term decisions

To create sales presentations

To develop a short-term advertising campaign

Answer explanation

Information management is crucial for making long-term decisions as it ensures that relevant data is organized and accessible, enabling businesses to analyze trends, forecast future scenarios, and align strategies with their goals.

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is the main purpose of management?

To obtain the needed resources

To accomplish the business’s goals

To reach a specific level of customer

To create accurate financial statements

Answer explanation

The main purpose of management is to accomplish the business’s goals. This involves planning, organizing, leading, and controlling resources effectively to achieve desired outcomes.

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

How can positive customer relations boost productivity?

By ensuring proper bookkeeping

By cutting down on equipment costs

By avoiding wasted time and resources

By creating new manufacturing processes

Answer explanation

Positive customer relations enhance communication and trust, which helps avoid misunderstandings and inefficiencies. This leads to better resource management and reduced wasted time, ultimately boosting productivity.

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

How are salespeople who practice good customer relations primarily benefiting a business?

They are promoting poor service

They are developing repeat customers

They are preventing customer objections

They are segmenting the business’s market

Answer explanation

Salespeople who practice good customer relations primarily benefit a business by developing repeat customers. Satisfied customers are more likely to return, leading to increased sales and loyalty.

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What should employees understand about each customer in order to develop positive customer/client relations?

The customer is in a hurry

The customer is like most others

The customer is a possible problem

The customer is a unique individual

Answer explanation

Understanding that the customer is a unique individual helps employees tailor their approach, fostering positive relationships. Each customer has distinct needs and preferences, which enhances satisfaction and loyalty.

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