Practice Quiz

CLEP Principles of Management Exam Prep - Question List

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1. What is the best definition for leadership?
  1. Set of rules and policies which encourage employee participation
  2. A philosophy of management to achieve results through detailed oversight
  3. A visionary mindset which is not based in reality
  4. Set of behaviors which inspire and direct employees
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2. Groups with this type of leader tend to do well even when the leader is absent from the group. Select the leadership style that best fits the previous statement.
  1. Autocratic
  2. Laissez-faire
  3. Democratic
  4. Considerate
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3. True or False: In McGregor’s X and Y Theories, Theory X assumes workers are inherently lazy and will avoid work if they can, while Theory Y assumes workers can be ambitious if they are properly motivated.
  1. True
  2. False
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4. Which of these terms can be described as the fundamental values of right and wrong?
  1. Ethics
  2. Laws
  3. Beliefs
  4. Morals
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5. Coffin’s Coffee sells premium coffee. It decides to launch a new iced coffee product. What should be a key consideration?
  1. Economies of scale
  2. Cannibalization
  3. Diversification
  4. A niche market
  5. Maturity phase
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