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FBLA Management Decision Making Test
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FBLA Management Decision Making Test
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25 Questions

1. The chief financial officer of a business is commonly referred to as the CFO of the company. This illustrates the use of a (n) __________
2. Which of the following best describes an assertive communication style?
3. Actions that create an intimidating, hostile, or offensive work environment is referred to as __________
4. A (n) __________ is a document used to help run a company by providing a cohesive vision for the company.
5. A circular chart divided into sectors with each sector showing the relative size of each value being measured is called a (n) ________?
6. __________ is the selling price of an item, less than the cost of goods sold.
7. On a balance sheet, assets must equal liabilities plus __________.
8. The Jones Company is looking to expand their business operations and are considering building a new plant. Which of the following would likely be generated before the Jones Company proceeded with building a new plant?
9. A group of representatives chosen from a labor union or from both labor and management to consider and remedy workers' complaints is called a (n) __________
10. The unauthorized reproduction for sale or use of a copyrighted work is called __________?
11. A written statement of a specific job that includes duties, purpose, responsibilities, scope, and working conditions of a job is called a (n) __________?
12. A (n) __________ keeps strict, close control over employees by keeping close regulation of policies and procedures given to the employees.
13. Establishment of standards is the first step in the management function of__________
14. A (n) __________ is a computer program that provides special capabilities beyond that of a text editor
15. Theory X managers tend to see their subordinates as __________.
16. A (n) __________ is an organization founded and funded by businesses that operate in a specific industry
17. Which of the following financial institutions is a member owned co-operative?
18. A market or industry which is dominated by a small number of sellers is which of the following types of markets?
19. __________ are intended to prevent discrimination against employees or applicants for employment on the basis of 'color, religion, sex, or national origin.
20. __________ is a retrenchment strategy that decreases the size of operations in order to reduce costs and improve operating efficiency.
21. The difference in value between the total exports and total imports of a nation during a specific period of time is called the __________
22. __________ involves closing operations and selling assets to pay creditors.
23. A slip of paper issued by a store to a customer showing a purchase was made is called a (n) __________
24. A (n) _________ is an uncertain event or condition that, if it occurs, has a positive or negative effect on a company's goals and objectives.
25. A corporation or individual that provides employment recruiting services is commonly referred to as a (n) __________