Exam 2

Beschreibung

difficult Intro to Business Quiz am Exam 2, erstellt von Brittany Santiago am 22/03/2016.
Brittany Santiago
Quiz von Brittany Santiago, aktualisiert more than 1 year ago
Brittany Santiago
Erstellt von Brittany Santiago vor etwa 8 Jahre
83
2

Zusammenfassung der Ressource

Frage 1

Frage
The four functions of management are planning, leading, organizing, and controlling.
Antworten
  • True
  • False

Frage 2

Frage
To achieve successful goals of management includes people, money, and time.
Antworten
  • True
  • False

Frage 3

Frage
Managers who report to higher-level managers but are supervisors to lower-level managers are considered to be first-line managers.
Antworten
  • True
  • False

Frage 4

Frage
Another name for first-line managers is supervisory.
Antworten
  • True
  • False

Frage 5

Frage
Determining an organizational goal and action plan for achieving those goals is called organizing.
Antworten
  • True
  • False

Frage 6

Frage
Monitoring performance and making adjustments as needed is the role of controlling.
Antworten
  • True
  • False

Frage 7

Frage
Required skills for managers would include: (check all of the following)
Antworten
  • Communication skills
  • Technical skills
  • Conceptual skills
  • Human skills
  • Operational skills
  • Organizational skills

Frage 8

Frage
The need to feel secure, free of harm, and free of fear is the need for safety.
Antworten
  • True
  • False

Frage 9

Frage
List in order from easiest to fulfill to the most difficult to fulfill in Maslow's Needs.
Antworten
  • physiological, social, esteem, safety, self-actualization
  • social, physiological, esteem, safety, self-actualization
  • Safety, physiological, esteem, social, self-actualization
  • physiological, safety, social, esteem, self-actualization

Frage 10

Frage
Establishes a vision for the company is the job of tactical planning.
Antworten
  • True
  • False

Frage 11

Frage
The relationship among individual effort, individual performance, and individual reward is the equity theory.
Antworten
  • True
  • False

Frage 12

Frage
For unexpected events, involving a range of scenarios and assumptions that differ from the assumptions behind the core plans are a part of Contingency Planning.
Antworten
  • True
  • False

Frage 13

Frage
The SWOT analysis helps managers evaluate an organization by external strengths and weaknesses, and internal opportunities and threats.
Antworten
  • True
  • False

Frage 14

Frage
Bringing specialists to different areas of the company to work on specific tasks or individual projects temporarily is called Line-and-Staff organization.
Antworten
  • True
  • False

Frage 15

Frage
Set objectives for followers but give them freedom to do what they need to accomplish is called
Antworten
  • democratic leaders
  • free-rein leaders
  • autocratic leaders

Frage 16

Frage
To encourage American firms to focus on quality improvement is ISO9000.
Antworten
  • True
  • False

Frage 17

Frage
Funds a firm uses to acquire its assets and finance its operations is called?
Antworten
  • Finance
  • Financial Capital
  • Risk-return Tradeoff
  • Financial Management

Frage 18

Frage
What are short-term financing sources? (Check all that apply)
Antworten
  • Returned Investment
  • Commercial Paper
  • Factor
  • Capital Structure
  • Trade-Credit

Frage 19

Frage
Mix of equity and debt financing a firm's uses to meet its permanent financing needs is called Financial Leverage.
Antworten
  • True
  • False

Frage 20

Frage
A budgeted income statement is a projection showing how a firm's budgeted [blank_start]sales[blank_end] and [blank_start]costs[blank_end] will affect expected net income.
Antworten
  • sales
  • assests
  • owner's equity
  • costs

Frage 21

Frage
Ability of a firm to obtain the cash it needs to pay short-term debt
Antworten
  • Asset management ratios
  • Leverage ratios
  • Profitability ratios
  • Liquidity ratios

Frage 22

Frage
Employees who do not expect normal, full-time hours are called contingent workers.
Antworten
  • True
  • False

Frage 23

Frage
Verifies the financial statements of a firm, prepared by an external auditor are management reports
Antworten
  • True
  • False

Frage 24

Frage
Protects creditors by preventing the borrower from pursuing policies that might undermine its ability to repay loans
Antworten
  • Commercial paper
  • Covenants
  • Trade credit
  • Money Market Mutual Fund

Frage 25

Frage
Specific and measurable, realistic but challenging, tied to a time frame
Antworten
  • Noise
  • Decentralization
  • Clear Standards
  • Task Significance

Frage 26

Frage
Examples of Fixed Position Layout
Antworten
  • Drilling and cranes
  • Trucks and ports
  • Nike Outlet
  • Office

Frage 27

Frage
Telecommunting...
Antworten
  • Reduces the number of employees
  • Benefits the fixed cost for company
  • Decreases cost savings for employees
  • Increases cost savings for employees

Frage 28

Frage
Protect employees from unfair treatment by employers
Antworten
  • Employment Legislation
  • Human Resources
  • GAAP
  • Commision
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