BUSINESS &
MANAGEMENT 2026-
VERSION WITH
QUALITY QUESTIONS
AND CORRECT
ANSWERS WITH
RATIOANALES AND PDF
DOWNLOAD.
1. What is the primary goal of a
business?
, A. Reduce competition
B. Maximize profit
C. Increase taxes
D. Limit customers
Profit maximization ensures
sustainability and growth.
2. Planning involves:
A. Hiring staff
B. Setting objectives and strategies
C. Auditing reports
D. Selling products
Planning defines organizational
direction.
3. Leadership is best defined as:
A. Controlling assets
B. Influencing others toward goals
, C. Filing reports
D. Reducing costs
Leadership focuses on influence and
direction.
4. Management function that
organizes resources:
A. Planning
B. Leading
C. Organizing
D. Controlling
Organizing structures resources
efficiently.
5. SWOT analysis evaluates:
A. Taxes
B. Strengths, Weaknesses,
Opportunities, Threats
, C. Salaries
D. Sales only
It assesses internal and external
factors.
6. Decision-making is:
A. Random selection
B. Choosing best alternative
C. Hiring employees
D. Marketing
It involves selecting among options.
7. Efficiency means:
A. Doing more slowly
B. Using fewer resources for output
C. Increasing waste
D. Ignoring goals
Efficiency reduces input waste.
MANAGEMENT 2026-
VERSION WITH
QUALITY QUESTIONS
AND CORRECT
ANSWERS WITH
RATIOANALES AND PDF
DOWNLOAD.
1. What is the primary goal of a
business?
, A. Reduce competition
B. Maximize profit
C. Increase taxes
D. Limit customers
Profit maximization ensures
sustainability and growth.
2. Planning involves:
A. Hiring staff
B. Setting objectives and strategies
C. Auditing reports
D. Selling products
Planning defines organizational
direction.
3. Leadership is best defined as:
A. Controlling assets
B. Influencing others toward goals
, C. Filing reports
D. Reducing costs
Leadership focuses on influence and
direction.
4. Management function that
organizes resources:
A. Planning
B. Leading
C. Organizing
D. Controlling
Organizing structures resources
efficiently.
5. SWOT analysis evaluates:
A. Taxes
B. Strengths, Weaknesses,
Opportunities, Threats
, C. Salaries
D. Sales only
It assesses internal and external
factors.
6. Decision-making is:
A. Random selection
B. Choosing best alternative
C. Hiring employees
D. Marketing
It involves selecting among options.
7. Efficiency means:
A. Doing more slowly
B. Using fewer resources for output
C. Increasing waste
D. Ignoring goals
Efficiency reduces input waste.
