Business Management Exam 1: Questions with Correct Answers 2025

Business Management Exam 1 Questions
with Correct Answers 2025
FourGManagementGFunctionsG-GCORRECTGANSWERG-1.GPlanning

2.GOrganizing

3.GLeadingG

4.GControlling



ManagementGSkillsG-GCORRECTGANSWERG-1.GConceptual-
GabilityGtoGseeGtheGorganizationGasGaGwholeGsystem



2.GHumanGSkills-GManagersGabilityGtoGworkGwithGtheGentireGgroup.G

3.GTechnicalGSkills-GUnderstandingGofGandGproficiencyGinGtheGperformanceGofGspecificGtasks.



DifferentGlevelsGofGmanagerG(Vertical)G-GCORRECTGANSWERG--TopGmanagerG-
GsettingGorganizationalGgoals,GdefiningGstrategiesGforGachievingGthem,GmonitoringGandGinterpretingGtheGex

ternalGenvironment

-MiddleGmanagersG-
GimplementingGtheGoverallGstrategiesGandGpoliciesGdefinedGbyGtopGmanagers,GconcerningGwithGtheGnearGfu

ture.

-First-lineGmanagersG-GProductionGofGgoodsGandGservices.



HorizontalGDifferencesG-GCORRECTGANSWERG-i.GFunctionalGmanagers

1.GResponsibleGforGaGdepartmentGthatGperformsGaGsingleGfunctionalGtask,GsuchGasGfinanceGorGmarketing

ii.GGeneralGmanagers
G



1.GResponsibleGforGseveralGdepartmentsGthatGperformGdifferentGfunctions,GsuchGasGtheGmanagerGofGMacy'
sGdepartmentGstoreGorGaGFordGautomobileGfactory.



BecomingGaGNewGManagerG-GCORRECTGANSWERG-
a.GMakingGtheGshiftGfromGindividualGidentityGtoGmanagerGidentity

i.GSpecialist;GperformsGtasksGàGgeneralist;GcoordinatesGdiverseGtasks
G



ii.GGetsGthingsGdoneGthroughGownGeffortsGàGgetsGthingsGdoneGthroughGothers
G



iii.GAnGindividualGactorGàGaGnetworkGbuilder
G

, iv.GWorksGrelativelyGindependentlyGàGworksGinGhighlyGinterdependentGmanner
G




ManagerGrolesG-GCORRECTGANSWERG--InformationalGroleG-
GactivitiesGusedGtoGmaintainGandGdevelopGanGinformationGnetwork.



-InterpersonalGroleG-GrelationshipsGwithGothersGandGareGrelatedGtoGtheGhumanGskills

-decisionalGroleG-GeventsGaboutGwhichGtheGmanagerGmustGmakeGaGchoiceGandGtakeGaction



SocialGForces:G-GCORRECTGANSWERG-Values,Gneeds,GstandardsGofGbehaviorGinfluenceG→GSocialGContract

ExamplesGofGCurrentGSocialGForces-GWorkersGwant

FlexibleGenvironment

CareerGOpportunity

FeelGvalued,GableGtoGinfluenceGcompany



PoliticalGForcesG-GCORRECTGANSWERG-legalGandGpoliticalGinfluence

-PoliticalGStability

-propertyGrights

-contractGrights

-regulation



EconomicGForcesG-GCORRECTGANSWERG--AvailabilityGandGdistributionGofGresources

-ChangesGinGsupplyGandGdemand

-CreditGAvailability



ExternalGenvironment



(international)G-GCORRECTGANSWERG-
asGmanagersGplanGforGexpansionsGintoGglobalGmarketsGtheyGhaveGtoGconsiderGtheGinternationalGdimension
,GwhichGincludesGeventsGoriginatingGinGforeignGcountries,GasGwellGasGnewGopportunitiesGforGU.S.Gcompanie
sGinGotherGcountries.GProvidesGnewGcustomers,Gcompetitors,Gsuppliers,GshapesGsocial,Gtechnological,GandG
economicGtrendsGasGwell.