Business Policy

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1. What is management?

a. is the act of deciding how to use something.

b. it represents their units in the outside world in ceremonial and civic activities.

c. is to design and maintain environment in which people working together in group.

2. Identifying, Subdividing, Grouping and coordinating the various activities required to


achieved?

a. controlling

b. organizing

c. staffing

3. it involves the recruitments, selection, assignment and development of the various kind of
human resources required by the organizational goals.

a. staffing

b. organizing

c. controlling

4. Is a choice of the objective to be achieve, allocating the resources of the organization.

a. controlling

b. planning

c. staffing

5. This is monitoring performance and undertaking corrective actions to ensure the attainment
of pre-determined goals and objectives of the organization.

a. planning

b. controlling

c. staffing

6. This are the roles of the manager EXCEPT:

a. Leadership
b. Figure head

c. Monitor roles

d. Liason role

7. The manager identified new opportunities and the development of this in to new product
services.

a. Entreprenueral

b. figurehead

c. Desciminator

8. These are the skills of the manager EXCEPT;

a. Interpersonal

b. technical skills

c. Leadership

d. Conceptual skills

9. These are the definitions of entreprenuership EXCEPT;

a. the entreprenuer as the founder of an enterprise.

b. the entreprenuer as a risk taker.

c. the entreprenuer as an group.

d. the entreprenuer as an innovator.

10. This is the act of process of deciding howvto use something.

a. organization

b. business

c. manage

d. desciminator

11. The manager represents and speak for the units to other units.

a. desciminator
b. management

c. business

d. spokesperson

12.) It identifies the solutions to the problem.

a. resolver

b. problem solver

c. allocator

d. spokesperson

13.) They are involved in negotiating activities which has a key impact on the performance of
their units.

a. allocator

b. management

c. manager

d. negotiator

14.) It refers to the application of management principles to the production function in the
factory.

a. Marketing management

b. financial management

c. Accounting and control

d. Production management

15.) It is the methods and procedures that are implemented by a firm to help ensure the validity
and accuracy if its financial statements.

a. accounting and control

b. financial management

c. marketing management
d. production management

16.) Is the study of roles and responsiblities of top-level management.

a. Accounting and Control

b. Business Policy

c. Security and Control

d. Financial and Control Policy

17.) Is defined as an administrative specialization that focuses on hiring and developing


employees to become more valuable to the company.

a. Accounting and Control

b. Business policy

c. Personnel Management

d. Financial Managament

18.) what is the best definition for the "Manager"?

a. Manager is the one who responsible for checking things only around the company.

b. Manager is assigned to become security in the company

c. Manager are responsible for directing the activities of ther people

19.) It represents their units in the outside world in ceremonial and civic activities.

a. Liason role

b. Leadership

c. Figure head

20.) Its is the significant issues affecting organizational success and the decisions affecting
organization in the long run.

a. financial assistance

b. Business policy

c. Marketing interruption
d. Accounting and control

KEY TO CORRECTION:

1. C

2. B

3. A

4. B

5. B

6. C

7. A

8. C

9. C

10. C

11. D

12. B

13. D

14. D

15. A

16. B

17. C

18. C

19. C

20 B

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