BML Semester Exam 5: Question Preview (ID: 12061)

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This type of influence results from the leader's ability to give or withhold rewards.
a) Reward influence
b) Position Influence
c) Expert Influence
d) Identity Influence

Which management theory holds that people are lazy by nature and will work only when threatened?
a) Theory Y
b) Theory Z
c) Theory X
d) All of these

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) Joint Venture
b) Cooperative
c) LLC
d) Franchise

This function of management involves analyzing information, setting goals, and making decisions about what needs to be done.
a) Implementing
b) Planning
c) Organizing
d) Controlling

Which type of organization chart is organized according to job function?
a) functional organization chart
b) matrix organization chart
c) staff organization chart
d) team organization chart

They are the first level of management in a business. They are responsible for the work of a group of employees.
a) Mid-managers
b) Supervisors
c) Executives
d) Representatives

This function of management determines to what extent the business is accomplishing the goals it set out to reach in the planning stage.
a) Planning
b) Organizing
c) Implementing
d) Controlling

How does the government assist small businesses?
a) All of these
b) Government buys goods and services
c) Government employs workers
d) Government gives loans to start or expand businesses.

One government action meant to promote competition and fairness and avoid monopolies was the passage of
a) Fair employment laws
b) Antitrust laws
c) Competition laws
d) None of these

Which of the following type of business is subject to being taxed more than once?
a) Partnerships
b) Proprietorships
c) S-Corporations
d) Corporations

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