GACE Business Education (542): Practice & Study Guide Final Exam

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Question 1 1. Which of the following specifically developed into the four areas of management science, operations management, management information systems, and systems management theory?

Question 2 2. Which of the following would be classified as a parol contract?

Question 3 3. Which of the following statements is true of the Employee Retirement Income Security Act of 1974, commonly referred to as ERISA?

Question 4 4. The purchasing manager of a home improvement wholesaler needs to purchase 1,0000 showerheads, and narrows the list of suppliers to two candidates. Supplier A charges a lower price per showerhead than does supplier B, so the manager decides to accept the bid from supplier A based solely on the cost incurred. From the manager's standpoint, the showerheads from supplier B represent which of the following?

Question 5 5. The difference between the highest and lowest values in a numeric data set represents which of the four measures of central tendency?

Question 6 6. In terms of managerial/workplace communication, concerns regarding space and channel would BEST represent which of the following?

Question 7 7. Lucy is a manager who holds the utmost respect for the skills and professionalism demonstrated by her subordinates, so much so that she feels comfortable sitting back and allowing her employees to function on their own, maintaining only minimal involvement in the work they complete. Based on the information presented above, Lucy's decision-making style can BEST be described as:

Question 8 8. The theory that incorporates the behavioral sciences into management, shifting focus away from production, structures, and technology and towards the best way to motivate, structure, and support employees, is BEST referred to as which of the following?

Question 9 9. The last and most important element of a formal contract is:

Question 10 10. Which of the following terms describes the factors of production, including land, labor, capital, and entrepreneurship?

Question 11 11. Within a data set, the average of each distance from the mean squared is known as:

Question 12 12. The communication process commences when a sender develops an idea into a message, which is also referred to as which of the following?

Question 13 13. Researching ways to help employees find personal satisfaction in their jobs by providing meaningful work, and identifying means to motivate workers based on their personal needs collectively served as the foundation for which of following?

Question 14 14. Which of the following terms describes the variety of noise that stems from difficulties in understanding the words, language, or grammatical structure of a message relayed by a sender to a receiver?

Question 15 15. Between 70 and 90% of a manager's time is spent engaged in:

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GACE Business Education (542): Practice & Study Guide Final Free Practice Test Instructions

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

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