FREE Doctor of Business Administration MCQ Questions and Answers

Question 1

The extent to which a hierarchy's lower levels are granted decision-making power.

Accepted Answer

Decentralization

Answer

Organization

Answer

Strategy

Answer

Employee Retention

Question 2

A strategy outlining how a division plans to compete with its competitors in a given industry.

Accepted Answer

business level strategy

Answer

corporate level strategy

Answer

budget

Question 3

Steps a business does to accomplish an objective, such maximizing revenues.

Accepted Answer

Business Strategy

Answer

Line Organization

Answer

Pure Risk

Answer

Budget

Question 4

Groups departments based on similarity in process, region, consumer, or product.

Accepted Answer

divisional structure

Answer

circular view

Answer

horizontal structure

Answer

target market

Question 5

Incentive compensation based on sales volume.

Accepted Answer

Commissions

Answer

Budget

Answer

Compensation

Answer

Separation

Question 6

Pay based on knowledge or skill gain; also known as competency-based pay or skill-based pay.

Accepted Answer

knowledge-based pay

Answer

value statement

Answer

pure risk

Answer

accounting

Question 7

A succinct statement of the values that direct a company's actions and decisions.

Accepted Answer

Value Statement

Answer

Budget

Answer

Target Market

Answer

Legal Responsibility