8405601
Description
Quiz by Chad Collins, updated more than 1 year ago
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Created by Chad Collins
over 7 years ago
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Question 1
Question
Which is the most effective mission statement?
Answer
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‘We own the most well-known, popular amusement parks and resort hotels in the world.’
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‘We create happiness by providing the finest entertainment for people of all ages, everywhere.’
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‘We sell toys, clothing, jewelry, housewares, books, movies, and much, much more!’
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‘We want to become a $100 billion corporation by the end of the twenty-first century.’
Question 2
Question
The plan to increase production by 10% over a two-year period is an example of which management activity?
Answer
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Developing objectives
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Assigning job tasks
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Controlling expenses
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Directing employees
Question 3
Question
Which is a reason why managers develop company objectives?
Answer
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To identify business purposes
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To forecast sales potential
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To solve operating problems
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To communicate with employees
Question 4
Question
An effective mission statement should effectively reflect which component of the business?
Answer
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Touch points
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Specific goals
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Ethics policies
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Core values
Question 5
Question
Which characteristic is descriptive of a meaningful company objective?
Answer
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Benefit levels
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Performance targets
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Salary ranges
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Recruitment quotas
Question 6
Question
Managers use broad objectives that they develop for a business as the basis for setting which measurements?
Answer
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Benefit levels
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Performance targets
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Salary ranges
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Recruitment quotas
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