Business Management Exam
questions with answers graded 100%
Which of the following is NOT a function of management? - ANS✅✅Finance
Which of the following describes consumerism? - ANS✅✅The societal effort to protect consumer
rights by enforcing pressure
Which of the following is NOT one of the four components of the business process? -
ANS✅✅Organization
Which of the following is one way business can be categorized? - ANS✅✅By product
What kind of businesses are motivated to earn a profit? - ANS✅✅Private
Where does marketing exist? - ANS✅✅Wherever a product is sold to the customer
What occurs in the planning function of management? - ANS✅✅Deciding what needs to be done
and how it will be accomplished
Which of the following describes small businesses? - ANS✅✅Usually have less than 100 employees
Which of the following is NOT an aspect of social responsibility? - ANS✅✅The ozone layer
Who should develop business plans? - ANS✅✅Anyone wanting to start a business
How many parts are there to a business plan? - ANS✅✅Three
Which section of the business plan describes the business? - ANS✅✅Section one
Which of the following does a business plan NOT do? - ANS✅✅Name chief officers of the business
questions with answers graded 100%
Which of the following is NOT a function of management? - ANS✅✅Finance
Which of the following describes consumerism? - ANS✅✅The societal effort to protect consumer
rights by enforcing pressure
Which of the following is NOT one of the four components of the business process? -
ANS✅✅Organization
Which of the following is one way business can be categorized? - ANS✅✅By product
What kind of businesses are motivated to earn a profit? - ANS✅✅Private
Where does marketing exist? - ANS✅✅Wherever a product is sold to the customer
What occurs in the planning function of management? - ANS✅✅Deciding what needs to be done
and how it will be accomplished
Which of the following describes small businesses? - ANS✅✅Usually have less than 100 employees
Which of the following is NOT an aspect of social responsibility? - ANS✅✅The ozone layer
Who should develop business plans? - ANS✅✅Anyone wanting to start a business
How many parts are there to a business plan? - ANS✅✅Three
Which section of the business plan describes the business? - ANS✅✅Section one
Which of the following does a business plan NOT do? - ANS✅✅Name chief officers of the business
