Last Updated: Aug 05, 2026
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| Section | Objectives |
|---|---|
| Topic 1: Operations and Quality Management | - Operations Management
|
| Topic 2: Human Resource Management | - Motivation and Behavior
|
| Topic 3: Strategic Planning and Management | - Strategic Planning Process
|
| Topic 4: Business Ethics and Corporate Responsibility | - Ethical Management
|
| Topic 5: Leadership and Management | - Communication and Teamwork
|
| Topic 6: Organizational Structure and Design | - Organizational Models
|
1. Which customer relationship concept emphasizes the relationship between the company, the competition, and the customer? Choose 1 answer
A) Tactical strategy
B) Strategic triangle
C) Strategic relationship
D) Liaison concept
2. Which organizational concept best describes a manager assigning tasks to various employees? Choose 1 answer
A) Division of labor
B) Integration
C) Segmentation
D) Teamwork
3. Entrepreneurs who want to start a new business need to understand the level of risk and both dimensions.
What do entrepreneurs use to assess levels of risk and innovation?
Choose 1 answer
involved in establishing a new venture and must then decide if they are comfortable with
A) Collaboration tracking matrix
B) Entrepreneurial loss function diagram
C) Innovation creation diagram
D) Entrepreneurial strategy matrix
4. At a university, older tenured faculty cannot be terminated regardless of their competence. This has caused conflict with younger, nontenured faculty. What is the source of conflict between older and younger faculty members? Choose 1 answer
A) Communication
B) Differing ideals
C) Personal variables
D) Structure
5. Which process is used to verify that deliverables are correct and complete? Choose 1 answer
A) Quality Control
B) Quality Assurance
C) Quality Collaboration
D) Quality Cooperative
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: A |
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