Exam (elaborations)
Business Management Practice Exam Questions with Correct Answers 2025
Course
BUSINESS MANAGEMENT
Institution
BUSINESS MANAGEMENT
Business Management Practice Exam Questions with Correct Answers 2025
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January 1, 2025
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Type
Exam (elaborations)
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Institution
BUSINESS MANAGEMENT
Course
BUSINESS MANAGEMENT
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Business Management Practice Exam Questions
with Correct Answers 2025
TheFfourFfundamentalFmanagementFprinciplesFincludeFanalyzingFcurrentFsituations,FdeterminingFobjective
s,FchoosingFcorporate,FandFbusinessFstrategies,FandFdeterminingFtheFresourcesFneededFtoFachieveFtheForga
nization'sFgoals.F-FCORRECTFANSWERF-False
AFteamFleader'sFjobFisFlessFchallengingFthanFfrontlineFandFotherFtypesFofFmanagers'FjobsFbecauseFteamFlea
dersFalwaysFhaveFdirectFcontrolFoverFteamFmembers.F-FCORRECTFANSWERF-False
TheFfiveFkeyFelementsFthatFmakeFtheFcurrentFbusinessFenvironmentFdifferentFfromFthoseFofFtheFpastFinclud
eFglobalization,FtechnologicalFchange,FtheFimportanceFofFknowledgeFandFideas,FcollaborationFacrossForgan
izationalFboundaries,FandFanFincreasinglyFdiverseFlaborFforce.F-FCORRECTFANSWERF-True
OneFofFtheF14FprinciplesFofFmanagementFidentifiedFbyFHenriFFayolFwasFtheFsubordinationFofFindividualFinte
restFtoFtheFgeneralFinterest.F-FCORRECTFANSWERF-True
ChangeFcontinuallyFcreatesFbothFnewFopportunitiesFandFnewFdemandsFforFloweringFcostsFandFforFachievin
gFgreaterFinnovation,Fquality,FandFspeed.F-FCORRECTFANSWERF-True
BenchmarkingFisFtheFprocessFcomparingFanForganization'sFpracticesFandFtechnologiesFwithFthoseFofFotherF
companies.F-FCORRECTFANSWERF-True
IfFthereFareFmanyFbarriersFtoFentry,FtheFthreatFofFnewFentrantsFisFgreater.F-FCORRECTFANSWERF-False
AnFethicalFleaderFisFoneFwhoFisFbothFaFmoralFpersonFandFaFmoralFmanagerFinfluencingFothersFtoFbehaveFet
hically.F-FCORRECTFANSWERF-True
MakingFdecisionsFaboutFanForganization'sFshort-termFgoalsFandFtacticsFisFknownFasFstrategicFplanning.F-
FCORRECTFANSWERF-False
OrganizationsFthatFencourageFintrapreneurshipFfaceFtheFobviousFriskFthatFthisFeffortFcanFfail.F-
FCORRECTFANSWERF-True
, AnFentrepreneurFisFNOTFaFmanagerFbutFengagesFinFadditionalFactivitiesFthatFallFmanagersFdo.F-
FCORRECTFANSWERF-False
Sometimes,FcompetitorsFcreateFstrategicFalliances.F-FCORRECTFANSWERF-True
Coaching—beingFtrainedFbyFaFsuperiorForFaFconsultant—
isFusuallyFtheFmostFeffectiveFandFdirectFwayFtoFdevelopFmanagers.F-FCORRECTFANSWERF-True
StereotypesFcanFcostFtheForganizationFdearlyFbyFstiflingFemployees'FambitionFsoFthatFtheyFdon'tFfullyFcontri
bute.F-FCORRECTFANSWERF-True
LeadersFserveFpeopleFbestFbyFhelpingFthemFdevelopFtheirFownFinitiativeFandFgoodFjudgment,FenablingFthe
mFtoFgrow,FandFhelpingFthemFbecomeFbetterFcontributors.F-FCORRECTFANSWERF-True
AdvancedFdegreesFareFmoreFimportantFforFleadersFthanFacquiredFexpertiseFinFmattersFrelevantFtoFanForgan
ization.F-FCORRECTFANSWERF-False
NegativeFreinforcementFinvolvesFtheFthreatFofFpunishmentFbyFNOTFdeliveringFpunishmentFwhenFemploye
esFperformFsatisfactorily.F-FCORRECTFANSWERF-True
WhenFtrustFisFlow,FteamFmembersFmayFspendFmoreFtimeFtryingFtoFinfluenceFteamFdynamicsFtoFprotectFthe
irFownFinterestsFthanFperformingFtheirFactualFjobs.F-FCORRECTFANSWERF-True
WorkingFatFhomeFandFbeingFinFconstantFcloseFproximityFtoFtheFtechnicalFtoolsFofFworkFcontributeFtoFaFhighF
morale.F-FCORRECTFANSWERF-False
AllowingFpeopleFtoFinitiateFtheirFownFcorrectiveFactionFencouragesFself-
controlFandFreducesFtheFneedFforFoutsideFsupervision.F-FCORRECTFANSWERF-True
OrganizationsFmustFconsiderFtheFfeasibilityFofFtechnologicalFinnovationsFbecauseFtechnicalFobstaclesFrepre
sentFbarriersFtoFprogress.F-FCORRECTFANSWERF-True