NOCTI GENERAL MANAGEMENT 2025
QUESTIONS & CORRECT ANSWERS
Why should you plan and evaluate the use of financial resources to
effectively manage a business? (e.g., sales forecasting, handling surplus
inventory)-correct- answer-Managing finances helps businesses forecast
sales, handle extra inventory, allocate resources wisely, and support long-
term growth and success.
Sales forecasting-correct-answer-helps businesses anticipate demand, plan
production, and allocate resources effectively.
Handling Surplus Inventory-correct-answer-can prevent wastage and
improve cash flow.
How is business conducted in a global environment? (e.g., e-commerce,
purpose of the World Trade Organization)-correct-answer-In a global
business, companies use practices like e-commerce to operate
internationally. E-commerce allows
buying and selling online, helping businesses reach customers
worldwide efficiently.
,Supervise: Constructive Criticism-correct-answer-Focus on
action/behavior. Balance the positive and the negative.
Supervise: Motivation Strategies-correct-answer-Focus on why/how to change.
Direct: Constructive Criticism-correct-answer-Focus on behavior.
Direct: Motivation Strategies-correct-answer-Provide advice on how to fix
the problem.
Motivate: Constructive Criticism-correct-answer-Recognize
performance/accomplishments. Uplift employees and celebrate their
accomplishments.
Motivate: Motivation Strategies-correct-answer-Criticize privately, praise
publicly. It all depends on the situation. Knowing when the best time to do
both is key.
There is a time and place for everything.
Evaluate: Constructive Criticism-correct-answer-Give face-to-face
feedback. Give overall performance evaluation.
, Evaluate: Motivation Strategies-correct-answer-Offer action steps. Include
positive feedback.
What is a strategic plan? How do you use strategic plans to manage growth,
meet goals and organizational needs?-correct-answer--Process in which an
organization's leaders define their vision for the future and identify
organizational goals and objectives.
-Assess the environmental factors.
-Allow business to foresee future/prepare accordingly, using forecasting tools.
What is a tactical plan? How do you use tactical plans to manage growth, meet
goals and organizational needs?-correct-answer--Breaks strategic plan into
smaller goals.
-A tactic plan is used to define goals and determine how the company will
achieve their goals through the proper actions/prep.
How do you facilitate change and implement improve processes to optimize
organizational effectiveness (e.g., what must happen in an organization in
order for a change to be effective)?-correct-answer--Plan carefully/build a
roadmap.
-Communicate.
-A plan must be made/communicated clearly.
QUESTIONS & CORRECT ANSWERS
Why should you plan and evaluate the use of financial resources to
effectively manage a business? (e.g., sales forecasting, handling surplus
inventory)-correct- answer-Managing finances helps businesses forecast
sales, handle extra inventory, allocate resources wisely, and support long-
term growth and success.
Sales forecasting-correct-answer-helps businesses anticipate demand, plan
production, and allocate resources effectively.
Handling Surplus Inventory-correct-answer-can prevent wastage and
improve cash flow.
How is business conducted in a global environment? (e.g., e-commerce,
purpose of the World Trade Organization)-correct-answer-In a global
business, companies use practices like e-commerce to operate
internationally. E-commerce allows
buying and selling online, helping businesses reach customers
worldwide efficiently.
,Supervise: Constructive Criticism-correct-answer-Focus on
action/behavior. Balance the positive and the negative.
Supervise: Motivation Strategies-correct-answer-Focus on why/how to change.
Direct: Constructive Criticism-correct-answer-Focus on behavior.
Direct: Motivation Strategies-correct-answer-Provide advice on how to fix
the problem.
Motivate: Constructive Criticism-correct-answer-Recognize
performance/accomplishments. Uplift employees and celebrate their
accomplishments.
Motivate: Motivation Strategies-correct-answer-Criticize privately, praise
publicly. It all depends on the situation. Knowing when the best time to do
both is key.
There is a time and place for everything.
Evaluate: Constructive Criticism-correct-answer-Give face-to-face
feedback. Give overall performance evaluation.
, Evaluate: Motivation Strategies-correct-answer-Offer action steps. Include
positive feedback.
What is a strategic plan? How do you use strategic plans to manage growth,
meet goals and organizational needs?-correct-answer--Process in which an
organization's leaders define their vision for the future and identify
organizational goals and objectives.
-Assess the environmental factors.
-Allow business to foresee future/prepare accordingly, using forecasting tools.
What is a tactical plan? How do you use tactical plans to manage growth, meet
goals and organizational needs?-correct-answer--Breaks strategic plan into
smaller goals.
-A tactic plan is used to define goals and determine how the company will
achieve their goals through the proper actions/prep.
How do you facilitate change and implement improve processes to optimize
organizational effectiveness (e.g., what must happen in an organization in
order for a change to be effective)?-correct-answer--Plan carefully/build a
roadmap.
-Communicate.
-A plan must be made/communicated clearly.
