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BML Semester Exam 5
Test Description: BML Semester Exam Set 5
Instructions: Answer all questions to get your test result.
1) This type of influence results from the leader's ability to give or withhold rewards.
A
Position Influence
B
Identity Influence
C
Reward influence
D
Expert Influence
2) Which management theory holds that people are lazy by nature and will work only when threatened?
A
All of these
B
Theory Y
C
Theory X
D
Theory Z
3) Which is a way to expand a business using the investments of others while maintaining control over the name, product quality, and operating procedures?
A
LLC
B
Cooperative
C
Joint Venture
D
Franchise
4) This function of management involves analyzing information, setting goals, and making decisions about what needs to be done.
A
Controlling
B
Implementing
C
Planning
D
Organizing
5) Which type of organization chart is organized according to job function?
A
team organization chart
B
staff organization chart
C
matrix organization chart
D
functional organization chart
6) They are the first level of management in a business. They are responsible for the work of a group of employees.
A
Supervisors
B
Executives
C
Mid-managers
D
Representatives
7) This function of management determines to what extent the business is accomplishing the goals it set out to reach in the planning stage.
A
Controlling
B
Organizing
C
Planning
D
Implementing
8) How does the government assist small businesses?
A
Government buys goods and services
B
All of these
C
Government employs workers
D
Government gives loans to start or expand businesses.
9) One government action meant to promote competition and fairness and avoid monopolies was the passage of
A
Competition laws
B
Antitrust laws
C
Fair employment laws
D
None of these
10) Which of the following type of business is subject to being taxed more than once?
A
S-Corporations
B
Partnerships
C
Corporations
D
Proprietorships
*select an answer for all questions
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