Business Management FBLA Quizzes Questions and answers ( Certified solutions)

Business Management FBLA Quizzes Questions and answers ( Certified solutions) Only large companies with several employees need managers. - ANS- False A good manager may occasionally make a decision contrary to generally accepted principles of management. - ANS- True Senior managers of very large corporations don't want their middle managers to think like entrepreneurs. - ANS- False 4. Forepersons, crew leaders, and store managers are all examples of _____ managers. A. middle B. supervisory C. senior D. beginning - ANS- B. Supervisory 5. A sole proprietorship is a business owned by _____. A. one company B. relatives C. one person D. the bank - ANS- C. One Person 6. _____ percent of the businesses in the United States are small businesses. A. 45 B. 67 C. 90 D. 98 - ANS- D. 98 7. Conceptual Skills A. Negotiating salaries with workers B. Taking inventory of merchandise in a store C. Deciding how to invest company profits - ANS- C. Deciding how to invest company profits 8. Human Relations Skills A. Negotiating salaries with workers B. Taking inventory of merchandise in a store C. Deciding how to invest company profits - ANS- A. Negotiating salaries with workers 9. Technical Skills A. Negotiating salaries with workers B. Taking inventory of merchandise in a store C. Deciding how to invest company profits - ANS- B. Taking inventory of merchandise in a store Taylor thought that explaining the principles of scientific management would only confuse workers. - ANS- False 2. Centralization always makes a company's management stronger. - ANS- False 3. In general, Theory Y managers give their employees the freedom to make creative decisions. - ANSTrue 4. In the United States, the Industrial Revolution began in approximately _____. A. 1960 B. 1789 C. 1900 D. 1860 - ANS- 1860 5. A _____ occurs when one party maintains total control over a type of industry. A. takeover B. landslide C. monopoly D. hierarchy of needs - ANS- C. monopoly 6. Consider quality as well as price in awarding business is a principle of _____. A. total quality management B. Maslow's hierarchy of needs C. scientific management D. the Hawthorne effect - ANS- A. total quality management 7. Theory X A. Assumes that employees will work best when given some collective decision making power and some emphasis on personal responsibility. B. Assumes that people need strict rules in order to perform well. C. Assumes that people will perform well if they are put in the right environment. - ANS- B. Assumes that people need strict rules in order to perform well. 8. Theory Y A. Assumes that employees will work best when given some collective decision making power and some emphasis on personal responsibility. B. Assumes that people need strict rules in order to perform well. C. Assumes that people will perform well if they are put in the right environment. - ANS- C. Assumes that people will perform well if they are put in the right environment. 9. Theory Z A. Assumes that employees will work best when given some collective decision making power and some emphasis on personal responsibility. B. Assumes that people need strict rules in order to perform well. C. Assumes that people will perform well if they are put in the right environment. - ANS- A. Assumes that employees will work best when given some collective decision making power and some emphasis on personal responsibility. 10. According to Maslow, which need would a worker fill first? A. need to earn enough money B. need for a safe work environment C. needs are at the same level D. depends on the personality of the worker - ANS- A. need to earn enough money 1. The activities you enjoy today are important to consider when choosing your future career. - ANSTrue 2. Professional associations are too specialized to be very helpful to a beginner deciding on a future career. - ANS- False A young person without a long job history might benefit from using a skills résumé. - ANS- True 4. _____ show changes or movement in a certain area. A. Values B. Learning styles C. Networks D. Trends - ANS- D. Trends A job applicant should always include a _____ when sending a résumé to a potential employer. A. self-addressed-stamped-envelope B. fax number C. cover letter D. reply deadline - ANS- C. cover letter 6. Responsibility, achievement, recognition, relationship, compassion, and courage are examples of _____. A. learning styles B. personalities C. values D. lifestyles - ANS- C. values