Management for Entrepreneurs Review Questions
Course Introduction
Management for Entrepreneurs explores the fundamental principles and practices essential for effectively launching, operating, and growing new ventures. This course covers key management functions including planning, organizing, leading, and controlling within the context of entrepreneurial enterprises. Students will examine topics such as opportunity recognition, resource acquisition, team building, innovation management, and strategies for navigating the unique challenges faced by startups. Practical case studies, real-world examples, and hands-on projects will equip aspiring entrepreneurs with the critical managerial skills needed to drive business success in dynamic and uncertain environments.
Recommended Textbook Management The Essentials 4th Australia Edition by
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13 Chapters
1475 Verified Questions
1475 Flashcards
Source URL: https://quizplus.com/study-set/2559
Page 2
Stephen P. Robbins
Chapter 1: Managers and Management
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132 Verified Questions
132 Flashcards
Source URL: https://quizplus.com/quiz/50890
Sample Questions
Q1) Which practice did Taylor find appalling in his study of workers in steel companies?
A)The lack of oversight by managers
B)The high, unrealistic work standards at the company
C)The number of prison inmates working on the shop floor
D)The low worker output
Answer: D
Q2) The role of _________ is less important for managers of small organisations than for managers working in large corporations.
A)entrepreneur
B)spokesperson
C)resource allocator
D)disseminator
Answer: C
Q3) All managerial levels require _________.
A)technical skills
B)superb political and negotiating skills
C)long-term planning and forecasting
D)Decision-making
Answer: D
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Page 3
Chapter 2: The Managerial Environment
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95 Verified Questions
95 Flashcards
Source URL: https://quizplus.com/quiz/50891
Sample Questions
Q1) In China and Morocco, Jana noticed that it seemed easy to convince people to work together for the good of the group.How would you characterise this trait?
A)In-group collectivist
B)Assertive
C)Collectivist
D)Humane
Answer: A
Q2) The knowledge involved in transforming raw materials into products or services is part of the organisation's technological dimension of the general environment.
A)True
B)False
Answer: True
Q3) Which of the following is the most likely original source of the school's culture?
A)Mr.Adam Brix, a long-time tutor and the school's union representative
B)Dr.Samantha Alexander, who is in charge of candidate selection
C)Vice chancellor David Mollbey, who runs the entire university
D)Professor Erica Dean, the school's first dean
Answer: D
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4
Chapter 3: Foundations of Decision Making
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124 Verified Questions
124 Flashcards
Source URL: https://quizplus.com/quiz/50892
Sample Questions
Q1) A low-level manager is most likely to solve problems under which condition?
A)Low risk
B)Certainty
C)Uncertainty
D)Low certainty
Answer: B
Q2) When dealing with diverse organisations, it is important that managers
A)educate other cultures about unacceptable behaviour
B)accommodate diversity in decision-making philosophies
C)focus on short-term goals
D)encourage autocratic decision making
Answer: B
Q3) Identifying the right problem and failing to solve it is just as much a failure as identifying the wrong problem.
A)True
B)False
Answer: True
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Chapter 4: Foundations of Planning
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117 Verified Questions
117 Flashcards
Source URL: https://quizplus.com/quiz/50893
Sample Questions
Q1) An organisation's creative ability is independent of its formal planning process.
A)True
B)False
Q2) The four reasons that organisations plan is to provide direction, set standards, reduce threat, and reduce uncertainty and the impact of change.
A)True
B)False
Q3) Which type of planning does the textbook focus on?
A)Informal
B)Primary
C)Formal
D)Secondary
Q4) Planning gives organisations direction that primarily helps them improve
A)morale of all employees
B)teamwork and coordinate activities
C)morale of middle managers
D)their image in the business community
Q5) In a short essay, compare strategic plans and tactical plans.
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Chapter 5: Organisational Structure and Design
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118 Verified Questions
118 Flashcards
Source URL: https://quizplus.com/quiz/50894
Sample Questions
Q1) Which of the following is common strategy used by organisations that must deal with economic downturns?
A)Decreasing span of control
B)Reducing managerial staff
C)Decreasing the number of unstructured problems in the organisation
D)Reducing the number of employees reporting to the manager
Q2) When work specialisation originally began to be implemented early in the twentieth century, employee productivity initially declined.
A)True
B)False
Q3) Horizontal boundaries separate employees by the amount of power they have in an organisation.
A)True
B)False
Q4) Employees in an organisation with a matrix design can have two bosses for the same job.
A)True
B)False
Q5) How may an organisation's structure affect its sustainability?
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Chapter 6: Managing Human Resources
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87 Verified Questions
87 Flashcards
Source URL: https://quizplus.com/quiz/50895
Sample Questions
Q1) Health insurance is an example of which of the following?
A)Wages
B)Employee benefit
C)Compensation
D)Salary
Q2) Interviews are valid predictors of success in the workplace if _________.
A)questions are structured
B)the interview lasts an hour
C)questions are long
D)the interviewee gets along with the interviewer
Q3) In a short essay, discuss the interview as a selection device for HRM.
Q4) Recently, more and more global organisations are increasing the size of their workforce.
A)True
B)False
Q5) In a short essay, discuss how workforce diversity is directly affected by recruitment, selection, orientation and training.
Q6) The only goal of a performance management system is to assess training needs.
A)True
B)False
Page 8
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Chapter 7: Managing Change and Innovation
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131 Verified Questions
131 Flashcards
Source URL: https://quizplus.com/quiz/50896
Sample Questions
Q1) Using the system's model, managers can promote innovation by having the right
A)mechanistic management structure
B)people and environment
C)outputs and resources
D)people and inputs
Q2) Creativity is the ability to make unusual and meaningful associations between ideas.
A)True
B)False
Q3) When organisation development efforts are planned, leaders are attempting to change an organisation's _________.
A)culture
B)status quo
C)financial goals
D)span of control
Q4) Define idea champions.
Q5) Define eustress and distress.
Q6) Describe the dominant view of organisational change today.
Q7) In a short essay, describe the calm waters view of organisational change.
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Chapter 8: Foundations of Individual Behaviour
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131 Verified Questions
131 Flashcards
Source URL: https://quizplus.com/quiz/50897
Sample Questions
Q1) Explain how managers can shape behaviour using punishment and extinction.
Q2) Define employee engagement.
Q3) The Myers-Briggs Type Indicator® (MBTI®) is based on _________ that are revealed in a 100-item questionnaire.
A)four dimensions
B)eight personality types
C)two dimensions
D)four personality types
Q4) Gen X individuals tend to be comfortable with authority.
A)True
B)False
Q5) Which of the following is a common way in which Gen Y workers differ from workers in other generations?
A)Social skills
B)Ability to work hard
C)Balance of work and personal life
D)Ability to focus
Q6) How does one's self-esteem affect individual behaviour in organisations?
Q7) Define turnover.
Q8) Briefly explain how attitude affects employee behaviour.
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Chapter 9: Understanding Groups and Managing Work Teams
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107 Verified Questions
107 Flashcards
Source URL: https://quizplus.com/quiz/50898
Sample Questions
Q1) How can managers guard against social loafing?
A)Managers must make a special effort to be fair to all group members
B)Managers must treat all group members equally
C)Mangers must look at the whole picture when evaluating group output
D)Managers must assess individual contributions of group members
Q2) The team role of linker initiates creative ideas in a team.
A)True
B)False
Q3) Autonomy is a _________ factor that contributes to team effectiveness.
A)context
B)process
C)composition
D)work design
Q4) Ensuring that team successes are celebrated and setting specific goals for the areas of sustainable practice are key principles of _________.
A)Kraft Foods
B)Green Teams
C)work groups
D)mutual accountability
Q5) Identify the two phases of the forming stage of group development.
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Chapter 10: Motivating and Rewarding Employees
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85 Verified Questions
85 Flashcards
Source URL: https://quizplus.com/quiz/50899
Sample Questions
Q1) In the JCM, motivation and satisfaction increase when which of the following is true?
A)The employee feels rewarded
B)The employee cares about the task
C)The employee feels good about herself
D)The employee feels like she belongs
Q2) According to Herzberg's motivation-hygiene theory, _________ is/are associated with job satisfaction.
A)motivators
B)need for power
C)need for achievement
D)hygiene factors
Q3) The direction of an individual's motivation can be channelled to benefit
A)an individual's family only
B)both individuals and/or organisations
C)only an individual
D)only an organisation
Q4) Compare how managers might motivate professional workers and contingent workers.
Q5) Describe the three key elements of motivation.
Page 12
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Chapter 11: Leadership and Trust
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112 Verified Questions
112 Flashcards
Source URL: https://quizplus.com/quiz/50900
Sample Questions
Q1) What does Fiedler's least-preferred co-worker questionnaire measure?
A)The least effective leadership style
B)The most common leadership style among all leaders
C)The most effective leadership style
D)Leadership style of respondents who took the test
Q2) Miguel's's boss encourages employees to participate in the decision-making process, but does not give them complete freedom to do as they like.She has this kind of leadership style.
A)Democratic
B)Laissez-faire
C)Situational
D)Autocratic
Q3) Jobs in a firm are quite informal.Workers are versatile and switch tasks and responsibilities depending on the situation.In Fiedler's model, this firm would be said to have _________.
A)good leader-member relations
B)low task structure
C)high task structure
D)high position power
Q4) Discuss how emotional intelligence (EI) affects leadership.
Page 13
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Chapter 12: Managing Communication and Information
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118 Verified Questions
118 Flashcards
Source URL: https://quizplus.com/quiz/50901
Sample Questions
Q1) When men talk, they typically place more emphasis on creating connections than on status or authority.
A)True
B)False
Q2) Techniques organisations utilise to exchange standard business transaction documents, such as invoices or purchase orders, are called _________.
A)extranets
B)teleconferencing
C)electronic data interchange
D)intranets
Q3) Holding town-hall meetings and investing in training are strategies that organisations are using to _________.
A)reduce managerial responsibility for an organisation's performance
B)negotiate labour contracts
C)encourage employee input
D)appease an organisation's stakeholders
Q4) How does gender affect communication?
Q5) Identify and briefly describe the two best-known types of nonverbal communication.
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Page 14
Chapter 13: Foundations of Control
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118 Verified Questions
118 Flashcards
Source URL: https://quizplus.com/quiz/50902
Sample Questions
Q1) Employers often feel they need to monitor employee computers because recreational on-the-job surfing costs billions of dollars in lost work productivity annually.
A)True
B)False
Q2) Immediate corrective action is designed to _________.
A)discourage and punish employees for poor performance
B)provide an explanation for the problem
C)implement structural changes
D)get performance back on track
Q3) Effective controlling can help managers who are afraid to delegate authority
A)empower their employees
B)set their goals
C)discourage employee participation
D)manipulate the organisation's structure
Q4) Identify the non-formal sources of information available to managers.
Q5) What are the disadvantages of an oral report as a method of information collection for controlling purposes?
Q6) Describe one type of digital technology used by the founder of RedBalloon
Page 15
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