Business Exam 4 2025/2026 Exam
Questions and Correct Answers | New
Update
Strategic Planning is the process of establishing an overall course of
action. The first step is asking, "Why does the organization exist?" The
following are steps in the process EXCEPT: - 🧠 ANSWER ✔✔Firing the C-
suite
Michael Dell is the CEO of Dell, a large computer manufacturer. He started
the company himself, building and selling computers during college.
Although he does not frequently use these skills now, it is likely that he has
good _____ skills. - 🧠 ANSWER ✔✔Technical
Donald's lack of effective writing skills and his challenges in speaking to
groups of people is causing stress in his job. He is becoming very aware
that he needs to improve his _____ skills. - 🧠 ANSWER ✔✔Communication
, Conceptual skills, the ability to analyze and solve complex problems that
may involve different parts of an organization, are important for: - 🧠
ANSWER ✔✔Top managers
___________ are major accomplishments that the company would like to
achieve, while _______ are shorter-term performance targets. - 🧠
ANSWER ✔✔Goals; objectives
A homebuilding firm always finished building homes on time and on budget.
However, its clients often have to call it to come repair work that hasn't
done properly. What problem does this firm have? - 🧠 ANSWER ✔✔It is not
building homes effectively.
All of the following are functions of the management process EXCEPT: - 🧠
ANSWER ✔✔Monitoring
Because he identifies mistakes in others and disciplines employees for
poor performance, some leadership experts might qualify President Donald
Trump as a: - 🧠 ANSWER ✔✔Transactional leader
Comparing one's own company to the products, processes, or
management practices of another for the purpose of improving quality is
typical of: - 🧠 ANSWER ✔✔Benchmarking
Questions and Correct Answers | New
Update
Strategic Planning is the process of establishing an overall course of
action. The first step is asking, "Why does the organization exist?" The
following are steps in the process EXCEPT: - 🧠 ANSWER ✔✔Firing the C-
suite
Michael Dell is the CEO of Dell, a large computer manufacturer. He started
the company himself, building and selling computers during college.
Although he does not frequently use these skills now, it is likely that he has
good _____ skills. - 🧠 ANSWER ✔✔Technical
Donald's lack of effective writing skills and his challenges in speaking to
groups of people is causing stress in his job. He is becoming very aware
that he needs to improve his _____ skills. - 🧠 ANSWER ✔✔Communication
, Conceptual skills, the ability to analyze and solve complex problems that
may involve different parts of an organization, are important for: - 🧠
ANSWER ✔✔Top managers
___________ are major accomplishments that the company would like to
achieve, while _______ are shorter-term performance targets. - 🧠
ANSWER ✔✔Goals; objectives
A homebuilding firm always finished building homes on time and on budget.
However, its clients often have to call it to come repair work that hasn't
done properly. What problem does this firm have? - 🧠 ANSWER ✔✔It is not
building homes effectively.
All of the following are functions of the management process EXCEPT: - 🧠
ANSWER ✔✔Monitoring
Because he identifies mistakes in others and disciplines employees for
poor performance, some leadership experts might qualify President Donald
Trump as a: - 🧠 ANSWER ✔✔Transactional leader
Comparing one's own company to the products, processes, or
management practices of another for the purpose of improving quality is
typical of: - 🧠 ANSWER ✔✔Benchmarking
