Unit 1
What is the process of setting objectives and determining the best course of action to achieve them?
Planning
In Pavlov’s experiment, what stimulus was associated with food to trigger salivation?
The bell
In the communication process, what is the term for the information being shared?
Message
What type of strategy focuses on specific departments, like marketing or finance, within an organization?
Functional strategy
Why is TikTok facing potential bans in the U.S.?
Due to concerns over national security and data privacy, particularly regarding user data being accessible by the Chinese government?
Which management theory focuses on human behavior, motivation, and leadership to improve productivity?
Behavioral Management Theory
In operant conditioning, what term describes the process of increasing the likelihood of a behavior by providing a reward?
Positive reinforcement
What type of barrier is caused by differences in language or unclear words?
language barrier
What does the “T” in SWOT Analysis stand for
Threats
What marketing strategy involves giving customers a chance to try a product before they buy it?
Free sample
What type of organization has clear structures, roles, and responsibilities?
Formal organization
Which model of personality includes the traits Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism?
OCEAN model
In the perception process, what term describes the step where we group information together?
Organization
In the PEST+C analysis, what factor looks at government policies and regulations?
Political
Which artist, known for his 2023 hit "Rich Flex," became a dominant figure in the rap and pop music, associated with his collabs with 21 Savage?
Drake
What is the term for a business approach that involves taking responsibility for its impact on society, including sustainability and ethical labor practices?
Corporate Social Responsibility (CSR)
In the stages of group development, which stage involves the group members working collaboratively towards goals?
Performing
What type of communication involves casual talks, like lunch conversations or chats?
Informal communication
In the BCG Matrix, which quadrant represents products with high growth and high market share?
Star
In what year did Apple launch the first iPhone, revolutionizing the smartphone industry?
2007
Which management theorist is known for his work on Scientific Management, emphasizing efficiency and productivity through scientific methods?
Frederick Taylor
Which leadership theory suggests that effective leadership depends on the situation or context?
Contingency Theory
What stress management technique involves focusing on your breathing and relaxing your muscles?
Deep breathing or meditation
What are the Porter’s 5 Forces?
Barriers to Entry
Power of Buyers
Substitute Products
Power of Suppliers
Industry Competition
What’s the name of Amazon’s voice-controlled smart assistant?
Alexa