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1. Which of the following functions of management involves setting goals and developing strategies?





2. Which level of management is responsible for developing long-term strategies?





3. Which leadership style involves giving employees freedom to make decisions?





4. Which theory of motivation emphasizes the importance of meeting basic needs before addressing higher-level needs?





5. Which control mechanism involves comparing actual performance to predetermined standards?





6. Which decision-making model involves a logical step-by-step process?





7. Which barrier to effective communication is related to cultural differences?





8. Which activity of human resource management involves attracting and selecting candidates for job positions?





9. Which element of the marketing mix involves determining the price of a product or service?





10. Which aspect of business management involves conducting business with integrity?





11. Which aspect of financial management involves analyzing financial data to make informed decisions?





12. Which risk involves the potential for financial loss?





13. Which quality management tool involves measuring the performance of a process using statistical methods?





14. Which aspect of supply chain management involves managing the flow of goods from suppliers to customers?





15. Which type of business ownership involves a single owner who has complete control and liability?





16. Which aspect of business management influences teamwork and overall performance?





17. Which trend in business management involves utilizing data to gain insights and make informed decisions?





18. What is the role of SWOT analysis in strategic management?





19. Which level of management is responsible for implementing the plans and strategies of top-level managers?





20. Which type of leadership focuses on inspiring and motivating employees through a clear vision?





21. Which theory of motivation suggests that employees are motivated by fair treatment and equitable rewards?





22. Which control mechanism involves using financial data to assess performance?





23. Which decision-making model relies on past experiences and gut feeling?





24. Which barrier to effective communication is related to distractions and disturbances?





25. In business management, what does sustainability refer to?





26. Which aspect of human resource management focuses on enhancing employee skills and knowledge?





27. Which element of the marketing mix involves making potential customers aware of a product or service?





28. Which aspect of financial management involves forecasting future financial needs?





29. Which risk involves potential disruptions to the supply chain due to external factors?





30. Which quality management tool is used to identify and eliminate waste in processes?





31. Which aspect of supply chain management involves predicting customer demand for products or services?





32. Which type of business ownership involves two or more individuals sharing the ownership and profits?





33. Which aspect of business management involves setting performance standards and monitoring progress?





34. Which trend in business management involves utilizing technology to streamline processes and improve efficiency?





35. What is the purpose of a mission statement in an organization?





36. Which element of the marketing mix involves decisions about where and how to distribute products or services?





37. Which aspect of financial management involves managing financial risks and uncertainties?





38. Which risk involves potential changes in market conditions or customer preferences?





39. Which quality management tool involves involving employees at all levels in continuous improvement efforts?





40. Which aspect of supply chain management involves managing the procurement of goods and services?





41. Which type of business ownership involves multiple individuals coming together to achieve common goals?





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