Reference no: EM133776371
Questions
1. Why is character and integrity considered crucial for managers?
a. To maximize profitability and market share
b. To preserve the spirit and performance of the organization
c. To enhance their knowledge and brilliance
d. To avoid legal implications in business decisions
2. What managerial activity focuses on shaping human behavior through leadership, communication, and teamwork?
a. Controlling
b. Motivating (DDD: 98)
c. Organizing
d. Planning
3. What risk is inherent in the implementation of concentric diversification strategies?
a. Duplication of efforts among different departments
b. Limited opposition from the Competition Commission
c. Enhanced control over complementary resources with minimal cost increase
d. Seamless integration of structures within the organisation
4. Which of the following methods calculates a business's worth as five times the organisation's current annual profit?
a. The Outstanding Shares Method
b. The Net Worth Method
c. The Price-Earnings Ratio Method
d. The Net Income Method
5. What is the primary purpose of business analytics?
a. To predict future trends without analysing past data
b. To provide historical insights into consumer behaviour only (DDD: 112)
c. To use software to mine data and aid executives in decision-making
d. To gather irrelevant data for decision making
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