Test your basic knowledge |

Management 101: Business History

Subject : business-skills
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Influenced by Army. Staff officers-strategic decisions - Line officers-carried out orders in field.






2. Programs intended to stabilize the economy while maintaining individual autonomy.






3. Defense department became a significant source for scientific and engineering. Led by private firms and university.






4. Companies had the right to manage. Union leaders.






5. Burden of proof to raise rates was now the responsibility of the railroads.






6. Companies with many different divisions - usually 8 or more that make up and sell unrelated products.






7. Employers can hire whoever they want. Both union and non union.






8. Corporate offices






9. A few firms dominate an industry. Price competition decreased.






10. Income people could do with as the pleased.






11. Sec. of Treasury under lincoln. Father of national Banking system.






12. Control all aspects of an industry from raw materials to retail.






13. Panic of 1907 - 5 members - foreign transactions went through NY.






14. Dominated the retail industry by mail order only selling.






15. Increase consumer durables; increase service industries; trade - finance - transportation - and gov't






16. Business - not independent trade unions should look after the best interest of the workers.






17. Setting of prices by mangers of large firms.






18. Oil supplies withheld; large - non fuel efficient car; More japanese cars sold; Ford - Chevy - Chrysler






19. Most favored nation. Trade barriers raised.






20. 1901 Mark Twain - referes to substantial growth in population in the united states and extravagant displays of wealth and excess of Americas upper class






21. Companies would act responsibility toward the American public on matters as truth in advertising. Hiring of woman.






22. 1929 stock market crashed






23. American firms were poised to dominate economic activity in a system of free trade.






24. Goal was to represent the interests of American business in general.






25. Lowest tariffs - easiest access to markets - and fewest restrictions. Granted any nation - had to be all nations.






26. Partnership between business and government. Solve problems through scientific investigation. Society of Harmony






27. Worlds largest provider of computer software for desktops.






28. Business leaders sought to achieve cooperation among business - labor and government.






29. Gold drain; exchange rates; free floating






30. Management could hire whomever they wanted but after a period of time. All workers had to join the union.






31. Interstate Commerce Commission was strengthened. Regulated rates.






32. Congress established a national banking system.






33. A position of balance between investors - employees - consumers - competitors - and all others who may be interested in attitudes of management.






34. Set of attitudes and values that optimistically looked toward the erection of new institutions through which Americans would realize the good society.






35. Let the people do as they please






36. Set of values that placed a higher priority on the use of good than on their production.






37. Formalized business practices by standardized management practices.






38. Sought to break up the control of big business to create more opportunities.






39. Developed the assembly line. Anti Union. Model T.






40. Close banks to keep people from withdrawing all of their money and collapsing the banks.






41. Ultimate authority of nations economic well being shifted from private arena - to public arena.






42. Leader of the new school economists. Rejected Laissez faire. Did not believe in government run business.






43. Workers would enjoy the rights of association and the ability to influence wage levels.






44. Urged the gov't to control the money supply in order to control inflation.






45. Father of Scientific Management. Studied individual tasks to make them more efficient. Used a stop watch to measure time it takes to complete a task.






46. Trade associations fixed prices and thwarted competition in the interest of maximum efficiency.






47. Items purchased by consumers for use over more than a year or two.






48. Setting of the firms strategy according to realistic observations of available customers and then organizing the firm to coordinate production - distribution - sales and service according to these observations.






49. Eisenhower termed. Large companies received majority or military contracts. California boomed because of defense companies.






50. Most women were stalled at middle management levels.







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


Let me suggest you:

Browse all subjects

Browse all tests

Most popular tests



Major Subjects

Tests & Exams


AP
CLEP
DSST
GRE
SAT
GMAT

Browse all subjects

Browse all tests

Most popular tests