Management Quiz Bowl

8/2/2019 Management Quiz Bowl

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TRUE OR FALSE

Recruitment determines the numbers and types of

employees to be recruited into the organization.

10 seconds

Answer: False. HR Planning



IDENTIFICATION

It is the chance that some unfavorable event

will occur or that an investment will provide

a low or negative return.

10 seconds

Answer: Risk



TRUE OR FALSE

In investment portfolios, it is better to have a

negative correlation among investments rather

than a positive correlation.

10 seconds

Answer: True



MULTIPLE CHOICE

What concept proposes that consumers

favor products that offer the most quality,

performance, or innovative features?

a. Production Concept

b. Selling Concept

c. Product Conceptd. Marketing Concept

10 secondsAnswer: c. Product Concept



IDENTIFICATION

What do you call two or more individuals,

interacting and interdependent, who have

come together to achieve particularobjectives?

10 seconds

Answer: A group



IDENTIFICATION

These are the means by which firms attempt

to inform, persuade and remind consumers

– directly or indirectly – about the productsand brands they sell.

10 seconds

Answer: Marketing Communications



TRUE OR FALSE

Broadcasting is the method for predicting how

variables will change the future.

10 seconds

Answer: False. Forecasting



IDENTIFICATION

It refers to how stable or repeatable a

measurement is over a variety of testing

condition.

10 seconds

Answer: Reliability



IDENTIFICATION

It presents the relationship among

departments and units of the firm.

10 seconds

Answer: Organizational Chart



MULTIPLE CHOICE

What is the rate of return on the 1-year stock

investment of P1,000.00, when P1,100 is received

after one year?

a. 5%b. 10%

c. 15%

d. 20%

10 secondsAnswer: b.



IDENTIFICATION

What is the field of study that investigates

the impact that individuals, groups, and

structure have on behavior within

organizations, for the purpose of applying

such knowledge toward improving an

organization’s effectiveness?

10 seconds

Answer: Organizational Behavior (OB)



TRUE OR FALSE

Consumer behavior is the study of how

individuals, groups, and organizations select, buy,

use, and dispose of goods, services, ideas, or

experiences to satisfy their needs and wants.

10 seconds

Answer: True



TRUE OR FALSE

A firm’s HRM activity is the pattern or plan that

integrates the major objectives, policies, and

procedures into a cohesive whole.

10 seconds

Answer: True



MULTIPLE CHOICE

The management function of monitoring

performance and making needed changes.

a. controlling

b. planning

c. leading

d. organizing

10 secondsAnswer: a. controlling



TRUE OR FALSE

. Smoothing is creating supplies of excess resources

in case of unpredictable needs.

10 seconds

Answer: False. Buffering



TRUE OR FALSE

A dream is a target or end that management

desires to reach.

10 seconds

Answer: False. Goal



TRUE OR FALSE

Leniency occurs when a rater assigns ratings on

several dimensions of performance based on an

overall, several impression of the rate.

10 seconds

Answer: False. Halo error



MULTIPLE CHOICE

It consists of the whole cluster of benefits

the company provides to deliver; it is more

than the core positioning of the offering.

a. Value proposition

b. Total customer benefit

c. Value delivery systemd. Company-perceived value

10 secondsAnswer: a. Value Proposition



TRUE OR FALSE

To reduce risk, one should invest in only one

industry.

10 seconds

Answer: False



MULTIPLE CHOICE

It is the marketer’s vision of what the brand

must be and do for consumers.

a. Branding

b. Brand equity

c. Brand promise

d. Customer-based brand equity

10 secondsAnswer: c. Brand promise



MULTIPLE CHOICE

A purposeful, systematic process for

collecting information on the important

work-related aspects of a job.

a. Job Description

b. Job Specification

c. Job Familyd. Job Analysis

10 secondsAnswer: d. Job Analysis



MULTIPLE CHOICE

Giving an employee a 2-day suspension from

work without pay for showing up drunk is an

example of ___________.

a. Positive Reinforcement

b. Negative Reinforcement

c. Punishment

d. Extinctione. None of the above

10 secondsAnswer: c. Punishment



IDENTIFICATION

It is also called multilevel selling and

network marketing which is a multi-dollar

industry, with hundreds of companies

selling door-to-door or at home sales

parties.

10 seconds

Answer: Direct Selling



MULTIPLE CHOICE

The management function of systematically

making decisions about the goals and activities

that an individual, a group, a work unit, or the

overall organization will pursue.a. controlling

b. planning

c. leadingd. organizing

10 secondsAnswer: b. planning



IDENTIFICATION

It refers to how well the product or service

is brought to the customer.

10 seconds

Answer: Delivery



MULTIPLE CHOICE

The management function of assembling and

coordinating human, financial, physical,

informational, and other resources needed to

achieve goals.a. controlling

b. planning

c. leadingd. organizing

10 secondsAnswer: d. organizing



MULTIPLE CHOICE

The management function that involves the

manager’s efforts to stimulate high performance

by employees.

a. controllingb. planning

c. leading

d. organizing

10 secondsAnswer: c. leading



IDENTIFICATION

It is the process of working with people and

resources to accomplish organizational

goals.

10 seconds

Answer: Management



IDENTIFICATION

The monetary amount associated with how

well a job, task, good, or service meets

users’ needs.

10 seconds

Answer: Value



TRUE OR FALSE

Treasury bonds are risk free or have no default

risk.

10 seconds

Answer: True



TRUE OR FALSE

Position defense is a defense strategy wherein the

leader stretches its domain over new territories

that can serve as future centers for defense and

offense through market broadening and marketdiversification.

20 seconds

Answer: False. Mobile Defense



MULTIPLE CHOICE

Keeping costs low to achieve profits and be able

to offer prices that are attractive to consumers.

a. cost efficiency

b. cost competitiveness

c. expense reduction method

d. profit maximization

20 seconds

Answer: b. Cost competitiveness



MULTIPLE CHOICE

What kind of marketing research firms are hired to

carry out specific projects. They also design the

study and report the findings.

a. Syndicated-service research firmsb. Custom marketing research firms

c. Specialty-time research firms

d. Custom-service research firms

20 secondsAnswer: b.



TRUE OR FALSE

Pure bundling occurs when a firm offers its

products only as a bundle.

20 seconds

Answer: True



IDENTIFICATION

It is a list of names, characteristics, and

skills of the people working for the

organization.

20 seconds

Answer: Skills Inventory



MULTIPLE CHOICE

If XYZ can borrow at an interest rate of 10

percent, and if it has a marginal tax-rate of 40

percent, then what is its after-tax cost of debt or its

cost of capital?a. 6%

b. 7%

c. 8%

d. 9%

30 secondsAnswer: a. 6%



TRUE OR FALSE

Workforce diversity means that organizations are

becoming a more homogeneous mix of people in

terms of gender, age, race, ethnicity, and sexual

orientation.

20 seconds

Answer: False. More heterogeneous.



MULTIPLE CHOICE

It is a type of team, wherein employees from the same

department meet in order to discuss ways of improving

quality, efficiency, and the work environment.

a. Problem-solving Team

b. Self-managed Work Team

c. Cross-functional Team

d. Virtual Teame. None of the above

20 secondsAnswer: a.



IDENTIFICATION

measures of various characteristics of the

people who make up groups or other social

units.

20 seconds

Answer: Demographics



TRUE OR FALSE

In organizational structure, it is organic when

there is high centralization and extensive work

specialization, and is mechanistic when it is

decentralized and has low specialization.

20 seconds

Answer: False.



MULTIPLE CHOICE

It is a situation in which the parties to a conflict

each desire to satisfy fully the concerns of all

parties.

a. Collaboratingb. Accommodating

c. Compromising

d. Avoidinge. None of the above

20 secondsAnswer: a.



TRUE OR FALSE

Money markets are the markets in which funds are

borrowed or loaned for short periods. While

futures markets are markets for stocks and for

intermediate or long-term debt.

20 seconds

Answer: False



MULTIPLE CHOICE

Which of the following is a role of a line manager?

a. Supports the primary functions of the

organization

b. Provides advice, counsel, and information to theorganization

c. Make final decisions concerning their operation

d. None of the above

20 secondsAnswer: c.



MULTIPLE CHOICE

The following are the main reasons for Human

Resource Planning except:

a. More effective and efficient use of human

resourceb. More satisfied and better employees

c. More effective training and development

d. More effective equal employment opportunityplanning




TRUE OR FALSE

Points-of-Difference are associations that are not

necessarily unique to the brand but may in fact be

shared with other brands.

20 seconds

Answer: False. Points-of-Parity



MULTIPLE CHOICE

If you deposit P10,000.00 in a bank account that

pays 10% interest annually, how much money will

be in your account after 5 years?

a. 14,641.00b. 15,380.50

c. 16,105.10

d. 17,280.25




IDENTIFICATION

It occurs when a company sells a product or

service at two or more prices that do not

reflect a proportional difference in costs.

20 seconds

Answer: Price Discrimination



MULTIPLE CHOICE

P1,000.00 discounted back for 2 years at 4 percent

is ________.

a. 1,081.60b. 1,040.00

c. 961.54

d. 924.56

30 secondsAnswer: d.



TRUE OR FALSE

In a push strategy the manufactures uses

advertising, promotion and other forms of

communication to persuade consumers to demand

the product form intermediaries, thus inducing theintermediaries to order it.

20 seconds

Answer: False. Pull Strategy



IDENTIFICATION

It is generated when one channel member’s

actions prevent another channel from

achieving its goal.

20 seconds

Answer: Channel Conflict

Management Quiz Bowl

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