PBM Module 5 Test: Organization of Business
Quiz by Pa'Trice Day Owens
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30 questions
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- Q1The largest number of U. S. business employNo employees other that the owner (proprietorships)Over 100 peopleBetween 10 and 20 peopleBetween 50 and 100 people60s
- Q2A retailer is an example ofProducerExtractorIntermediaryService Business60s
- Q3Contingent workers, minorities and _______________ are expected to increase as a percentage of the total workforce in the next decade.Baby BoomersLicensed ProfessionalsSeasonal EmployeesWomen60s
- Q4The first basic activity of all businesses is to generate ideas.FalseTrue60s
- Q5Which of the following is NOT a role of business in the US EconomyPay taxesComply with government regulationsProvide employmentMake and distribute goods and services60s
- Q6Retailers and wholesalers are intermediaries between the producers and the ________________.ProducersExtractorsConsumersService businesses60s
- Q7After a business generates ideas, it must thenRaise capital (money)All of the answers listedApply for a patentAdvertise60s
- Q8A baby boomer is someone that was born between 1946 and _______.195619641971194960s
- Q9_____________________ means there is a clear reporting relationship for all staff of a business.AccountabilityUnity of CommandResponsibilityOrganization60s
- Q10_____________________ is the number of employees who are assigned to a particular work task and managerWorkforceUnity of CommandTask committeeSpan of control60s
- Q11A __________________ is the way work should be done.ProcedureGoalPolicyMission Statement60s
- Q12An organization structure that centers around the specific projects, products, or customer groups is calledMatrix organizational structureFunctional organizational structureNone of the answers listed.Organizational chart60s
- Q13A reason people choose a sole proprietorship is they prefer to work for themselves.FalseTrue60s
- Q14The direction for a business comes from its policies and proceduresTrueFalse60s
- Q15The obligation to complete a specific work isAuthorityAccountabilityRecognitionResponsibility60s