Business English and Economics Quiz

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10 Questions

What is the function of management related to creating a detailed action plan for the future?

Planning Function

Which type of business organization is specifically mentioned in the text?

Sole Proprietorship

Which management style involves a leader who makes decisions without consulting others?

Autocratic Management

What is the function of management related to the coordination of resources and tasks?

Organizing Function

Which type of organization is focused on members' common interests and may operate for educational, charitable, or social purposes?

Nonprofit Organization

What is the term used for the function of management related to the coordination of resources and tasks?

Organizing Function

Which type of organization may operate for educational, charitable, or social purposes?

Nonprofit Organization

What is the term for a business organization where the liability of the owners is limited to the amount of their investment?

Corporation

Which management style involves a leader who makes decisions without consulting others?

Laissez Faire Management

What is the term for the function of management related to monitoring performance and taking corrective actions?

Controlling Function

Test your knowledge of business English and economics with this quiz designed by Dr. Selougha Fayrouz. Learn about essay writing, types of essays, and more in this pedagogical support for the Master's first-year semester.

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