Self-control questions

WHAT IS ECONOMICS?   

1. How old is economy?

2. What is the first art which man acquired?

3. What examples of economy in ancient times do you know? 

4. When was the first book on Economics published?

5. Who was the author of the first book on Economics?
6. What is described in the first book on Economics?

7. What branches of economics are there?
8. Why are there many definitions of economics?

9. How did A.Marshall define economics?

10. What is J.Beardshaw's definition of economics?

11. Why is economics called as a "the queen of social sciences"? 

12. When was the Nobel Prize in Economic Science instituted?

13.  What reason to study economics is the most important for you?

14.  What is your future occupation? Do you need some knowledge in economics?

15.   Can curiosity be one of the reasons to study economics?

16. What are the main economic problems of nowadays?

17.  What are three questions true for any economic system?

18 Name three functions of an economic system.

19 What is the Gross Domestic Product?

20 Why is there the difference between real and nominal increases?

21. What causes economic growth?

22. What is the modern definition of business? 

23. What does production in business mean?

24. What do we mean under distribution in business?

25 What is the sale of goods and services?

26. What is the major aim in any business activity?

27. What is profit?

28. How many forms of business can you name?

29. What does a sole proprietorship mean?

30. What do you need to begin your own business?

31. What is the difference between a sole proprietorship and the partnership?

32. What is a corporation?

33 .What kinds of corporation are there?

34.What countries have the cooperative form of a business ownership?

35.What is marketing?

36.What is the aim of marketing?

37.What is very important in marketing?

38.What elements does Marketing Mix include?

39.What does place in the Four P's mean?

40.What does promotion include?

41. What are four stages of "product life cycle"?

42. What is the most changeable element of all the four?

43.What is an exchange?

44. Who is a broker?

45. What two types of exchanges do you know?

46. Why were commodity exchanges established?

47. Could you name the most famous commodity exchanges?

48. What are stock exchanges?

49. What does the fluctuation of prices on exchanges influence?

50. What is the difference between commodity and stock exchanges?

51. What is dealing?

52 What are the most famous stock exchanges?

53.What is the governing body of a stock exchange?

54.What is a stock?

55.What types of shares do you know?

56. What is the idea and purpose of the Unlisted Securities Market?

57. Who issues gilts?

58. What is the aim of accounting?

59. What two types of records do you know?

60. What users of financial statements can you name?

61. What do financial statements show?

62. What are the most important financial documents ?

63. How many sections are there in balance sheets?

64. What is the essence of the double-entry system?

65. What is auditing?

66. What is the main purpose of auditing?

67. How many types of audit are there?

68. What is the difference between internal and external auditors?

69. Who appoints auditors?

70 Who approves the candidates?

71. Who writes "a management letter" to directors?

72. What are the main types of banks?

73.What institutions are savings banks?

74.What is the function of commercial banks? 4. How do investment banks function? 75.What is a trust company?

76.When and where can some banking practices be found?

77. What is the most important thing in the choice of a bank?

78. What bank would one prefer doing small business?

79. Are there any advantages of a large bank?

MANAGEMENT

80.What does management mean?

81. Who selects members of administration?

82. What levels of management has a typical organization?

83.What is another meaning of the word "management"?

84. What is the common essential of all management activity?

85. Who is a manager?

86. What are the main functions of a manager?

87. What are two styles of management?

88. What is more effective style of management?

89. Why is democratic style of management more effective?

90.What information must be collected to have full characteristics of job? 

91.What does the abbreviation KSAs mean?

92.What must a good sales manager be proficient in?

93.What must a regional sales manager do to work out a sales forecast for each product item?

94.What does a regional sales manager need a sales forecast for?

95. In what way does a regional sales manager select applicants for sales positions?

96.Who has developed theories and practices to explain and influence human behaviour at work?

97. What events must managers deal with?

98. What listed in the text events are clearly to do with people management?

99. What specialists contributed a constant stream of new and reworked ideas into human resource management?

100. What are the influences on the development of HRM

101. What is human resource planning?

102. Why is it important to predict the organization’s future demand for and supply of employees?

103. Why has Hubert Spotswood decided to reform his business? 

104. What kind of business reorganization is Hubert Spotswood planning?

105. Why has he employed Diana Taylor?

106. Imagine that you are a HR manager. What information would you need before drawing up a human resource plan?

107. Why can’t companies completely control recruiting?

108. Do companies react to all applications? Why?

109. What is the key difference between external and internal sources of recruiting?

110. Is the telephone-based job-posting system installed by AMP Incorporated an external or internal source of recruiting?

111. What facts in the text prove the importance of information that applicants receive at the early stage of recruiting process?

112. What practice helps any applicants who do not think that the position is appropriate for them to leave the process on their own?

113. Why is such a procedure beneficial to companies?

114. Which aspect of contact between the organization and applicants do you think is the most important? Why?

115. How would you explain the difference between ‘organizing’ and ‘managing’ people?

116. What is meant by ‘management gurus’? What value can be placed on the ideas they have popularized?

117. What problems would have resulted from personal control of businesses when they began to develop into large work organizations employing hundreds, and sometimes thousands of workers?

118. How would you describe the main differences between the ‘scientific management’, ‘human factors’ and ‘human relations’ approaches?

119. What is HRM? Is it really different from personnel management?

120. Is ‘relabeling’ personnel as HRM anything more than a makeover or a cosmetic change?

121. How much does the concept of HRM owe to Japanese management practices?

122. Which theoretical developments do you consider to have contributed most to modern people management?