
Business Management Warm-Ups 9/6/24
Quiz by Nekeisha King-Price
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10 questions
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- Q1Which characteristic is essential for effective business management?DisorganizationIsolationInflexibilityClear communication30s
- Q2What is an important characteristic of a competitive business?Ignoring customer feedbackStagnant growthAdaptability to market changesFixed product offerings30s
- Q3What is a key characteristic of a successful business?High employee turnoverCustomer satisfactionPoor product qualityLack of innovation30s
- Q4Which of the following is a characteristic of a socially responsible business?Ethical practicesExploiting workersMaximizing profits at any costNeglecting environmental impact30s
- Q5What characteristic is important for a business to achieve financial sustainability?Excessive spendingUnplanned investmentsEffective budgetingIgnoring financial reports30s
- Q6What characteristic is essential for building strong customer relationships?InaccessibilityDeceptive marketingTrustworthinessPoor customer service30s
- Q7What characteristic is crucial for maintaining a positive workplace culture?Respect among employeesMicromanagementConstant criticismFavoritism30s
- Q8Which characteristic is often crucial for a business's sustainability?Adaptability to market changesBuying out all competitorsBeing the cheapest option availableSticking to old business models30s
- Q9What is a common characteristic of all businesses?They only operate onlineThey all require a large number of employeesThey must have a physical officeThey provide goods or services30s
- Q10What is a common characteristic of small businesses?They have a mandatory online presenceThey often rely on local marketsThey are usually global corporationsThey employ thousands of workers30s