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PRE-ASSESSMENT BUSINESS ACUMEN C201(58 questions and answers).
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PRE-ASSESSMENT:BUSINESS ACUMEN
C201(58 questions and
answers)
Which part of the organizing process aids in
effective and efficient progress toward planned
goals and often results in changes within the
organization? - answer Evaluating results
What is the result of a company increasing the
delegation of authority and the span of control? -
answer Increased decision-making authority given
to employees
Which two key elements does an effective
organization include? - answer Human interaction ;
Structure
Why does a line organizational structure function
most effectively in a crisis situation? - answer It
establishes a direct flow of authority.
, A company might divide itself into smaller groups
that best match the types of customers it serves.
What is this is an example of? - answer
Departmentalization
Which primary driver does management use for an
organization's structure? - answer Achievement of
company goals
Which step in the organizing process results in
management grouping work activities into units
within the organization? - answer
Departmentalization
A high-tech startup company is launching a
marketing campaign for its new social media portal
by highlighting how the portal exceeds the
connectivity and collaboration capabilities of all
other social media sites.
Which type of competitive advantage is this
company leveraging? - answer Product
Which marketing strategy is devoted to
maintaining continuous bottom line prices rather
than relying on short-term price-cutting tactics
such as cents-off coupons, rebates, and special
sales? - answer Everyday low pricing
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