Home > Management 101 > Quizzes > NOCTI General Management Exam Review
NOCTI General Management Exam Review
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 50% • Most missed: “a management function that includes designing the structure of the organization …”
NOCTI General Management Exam Review
Time left 00:00
25 Questions

1. the idea that the social and economic justification for an organization's existence is the satisfaction of customer wants and needs while meeting organizational objectives

2. Marketing that targets markets throughout the world

3. a management function that involves establishing clear standards to determine whether or not an organization is progressing toward its goals and objectives, rewarding people for doing a good job, and taking corrective action if they are not

4. The relationship between benefits and the sacrifice necessary to obtain those benefits

5. studies the behavior of people and organizations in a particular market

6. the process of setting work standards and schedules necessary to implement the company's tactical objectives

7. A written document that acts as a guidebook of marketing activities for the marketing manager

8. the ability to purchase goods and services, a comparison of income versus the relative cost of a set standard of goods and services in different geographic areas

9. a company's plan that identifies how it will use marketing to achieve its goals

10. financial obligations that will take the business more than one year to repay.

11. the delegation of power and authority to subordinates

12. the process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources

13. A set of unique features of a company and its products that are perceived by the target market as significant and superior to the competition

14. when two or more quarters show declines in the GDP, prices fall, people purchase fewer products, businesses fail

15. the marketing function of moving goods

16. is the relationship of exports to imports

17. using an outside company to recover debts, obtaining funding by selling account receivable

18. Pure science that aims to increase the scientific knowledge base

19. that a country has a monopoly on a certain product or can produce the product more efficiently than any other country. there are few examples of absolute advantage

20. the process of determining the major goals of the organization and the policies and strategies for obtaining and using resources to achieve those goals

21. the loss in value of an intangible asset (e.g. the purchase of a licence or trademark)

22. being the low-cost competitor in an industry while maintaining satisfactory profit margins

23. An intermediary in the global market that assumes all ownership risks and sells globally for its own account

24. the phase of accounting concerned with providing information to stockholders, creditors, and others outside the organization (finantsarvestus)

25. a model that suggests corporate social responsibility is composed of economic, legal, ethical, and philanthropic responsibilities and that the firm's economic performance supports the entire structure

⚡ Recently practiced quizzes in this topic
Live quiz activity
Logistics Management Practice Test E-Supply Chains and Logistics Practice Test Management Practice Test: Foundations of Decision Making Business Relationship Management (BRM) Practice Test Questions Digital Business Practice Test Questions Penn Foster BUS 101 Introduction to Business Core Finance Questions Entrepreneurship Development Practice Test Production and Operations Management Practice Test Questions Performance Management Practice Test Questions
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | OSHA Basics Quiz | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.