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Business Management Quizzes, Questions & Answers

What does it mean to organize people towards a common goal? How do businesses separate tasks and assign them to workers? These questions and more are asked daily in business management. Our society is dependent on businesses. They keep the economy running.
 
Businesses are complicate beasts that use human (the people), financial (money, loans), technological (computer systems), and natural resources (oil, wood). It is virtually an art being able to bring all of these components together and meet one’s goal in business – making money. Think you can succeed in the world of business management? Can you predict trends, plan projects, organize people and resources, and command, coordinate, and control these factors– all at once? Organize your thoughts and find out with these quizzes. 

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Questions: 10  |  Attempts: 14775   |  Last updated: Dec 2, 2024
  • Sample Question
    A form of business that can have many owners and issue stock:
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What do you know about business management? Business management refers to managing and coordinating all aspects of a business. It is the authority to plan, organize, direct and control business resources for a specific goal....

Questions: 15  |  Attempts: 4183   |  Last updated: Mar 21, 2023
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    There are four main functions of Management. They are:
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Questions: 50  |  Attempts: 6481   |  Last updated: Oct 14, 2024
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    The resources used in the production process are collectively known as:
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Questions: 20  |  Attempts: 486   |  Last updated: Mar 19, 2023
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    Arrange the following as the first 4 steps in the process of Performance Management: A. Objectives B. Performance Planning C. Defining Expectations D. Measuring Performance
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Would you like to test your business management skills? For this quiz, you will be responsible for describing a compromising management style, explaining an authoritarian management style, what needs to be done when you are the...

Questions: 12  |  Attempts: 9131   |  Last updated: Mar 22, 2023
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    How would you describe an authoritarian (or controlling) management style?
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