Business Management – Set 2 January 29, 2025 by aasi 0% Report a question What’s wrong with this question? You cannot submit an empty report. Please add some details. 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950 Business Management – Set 2 Dear ! This is Business Management – Set 2 Quiz and it contains 50 questions. Keep Learning! 1 / 50 1) The decision which relates to day-to-day operation of an organization is known as __________. organisational decision personal decision operative decision major decision 2 / 50 2) Strategic planning is done at high levels of management subordinates workers lower level of management 3 / 50 3) Programmed decision is also known as strategic decisions routine decisions operative decisions structured decisions 4 / 50 4) Banks, insurance companies and distribution agencies are examples of ________. departmentation by function departmentation by products departmentation by territory departmentation by customers 5 / 50 5) Contingent plan to meet environmental pressure is policies objective rules strategies 6 / 50 6) The process of establishing a time sequence for the work is known as objective budgets schedules procedures 7 / 50 7) Authority is the right to give orders and the power to exact obedience is defined by Louise Allen Strong Fayol Barnard 8 / 50 8) The subordinate is granted authority to perform all the functions in his department or division is _________. formal delegation informal delegation specific delegation general delegation 9 / 50 9) A leader motivates his followers to work hard by offering them rewards is _________. positive style autocratic style democratic style negative style 10 / 50 10) The assumptions about future derived from forecasting and used in planning are known as planning premises freehold premises business premises corporate premises 11 / 50 11) Strategic planning is annual planning long term planning medium term planning short term planning 12 / 50 12) The orders, instructions or direction are delegated to a particular person specifically is known as _________. specific delegation informal delegation formal delegation general delegation 13 / 50 13) The process whereby a manger shares his work and authority with his subordinates is________. decision making Responsibility Delegation Decentralisaiton 14 / 50 14) The decision which is implemented within the concerned department is known as ___________. problem decision departmental decision non-economic decision economic decision 15 / 50 15) Employees will be promoted on the basis of seniority is an example of methods policy rules procedures 16 / 50 16) Penalty is levied for violation of Procedures methods Rules policy 17 / 50 17) The decision which does not incur any expenses is known as _________. problem decision crisis decision non-economic decision economic decision 18 / 50 18) Increase sales by 10% is an example of procedures schedules budgets objective 19 / 50 19) A chronological sequence of steps to be undertaken to enforce a policy and to attain an objective is known as procedures objectives rules strategies 20 / 50 20) The leader who excels as a leader because of his superior knowledge is _________. autocratic leader liberal leader intellectual leader institutional leader 21 / 50 21) Delegation made by written orders and instruction is known as _________. written delegation downward delegation oral delegation sideward delegation 22 / 50 22) Specifying the manner of executing policy is known as schedules objective budgets procedures 23 / 50 23) No smoking the factor is an example of rules programme project schedule 24 / 50 24) Decision taken by committee formed by the top management for specific purpose is ________. operative decision group decision organisational decision personal decision 25 / 50 25) If the subordinates do not accept the command of their superior, then the superior cannot be said to have any authority over them is given in. The acceptance of authority theory The formal authority theory The competence theory The organisaiton theory 26 / 50 26) Planning focus on day-to-day actions of work units is department planning divisions planning unit planning corporate planning 27 / 50 27) Construction of fly over is an example of project methods rules programme 28 / 50 28) A leader who serves as the head of the family and treats his followers like his family members is _______. paternalistic leader liberal leader institutional leader intellectual leader 29 / 50 29) Departmentation is a part of the _______. control process organisaiton process staffing process planning process 30 / 50 30) When authority is delegated as per the organisaiton structure it is called ________. informal delegation formal delegation general delegation specific delegation 31 / 50 31) Operational planning is done at high levels of management subordinates workers lower level of management 32 / 50 32) The authority flows from top to bottom through the structure of an organization is _________. The acceptance of authority theory The organisaiton theory The competence theory The formal authority theory 33 / 50 33) The process of dividing the large monolithic functional organization into small and flexible administrative units is called ________. delegation control departmentation staffing 34 / 50 34) The decision which has long term impact on business is _________. non-programmed decision non-economic decision programmed decision individual decision 35 / 50 35) Set of clear instruction in a clear and logical sequence to perform a particular task programme policy rules methods 36 / 50 36) The planning focus specific functional areas of business is divisions planning corporate planning unit planning department planning 37 / 50 37) Complete installation of computer within 3 months is an example of rules schedule project programme 38 / 50 38) Goal or target to be achieved is known as. objective Budget procedures A.schedule B.C.D. 39 / 50 39) The type of authority is invested with the persons by virtue of the office held by them is ________. The acceptance of authority theory The competence theory The organisaiton theory The formal authority theory 40 / 50 40) The term span of management is also known as _______. span of business span of planning span of activity span of control 41 / 50 41) Planning lays down the overall objective, strategies and polices for the total enterprise is unit planning divisions planning department planning corporate planning 42 / 50 42) A rigid plan, no scope for discretion schedules procedures rule budgets 43 / 50 43) Departmentation on the basis of production process is called _________. departmentation by products equipment department departmentation by territory departmentation by customers 44 / 50 44) Goals, aims, purposes, missions and target is also known as rules policies objectives strategies 45 / 50 45) Departmentation on the basis of activities grouped according to the type of customer is _________. departmentation by territory departmentation by products departmentation by function departmentation by customers 46 / 50 46) The purchase of land and building is an example of minor decision group decision spot decision major decision 47 / 50 47) A decision taken to meet unexpected situations is known as ________. non-economic decision economic decision crisis decision problem decision 48 / 50 48) Crisis decision is also known as ________. group decision spot decision minor decision major decision 49 / 50 49) Operational planning is annual planning medium term planning Long term planning Short term planning 50 / 50 50) When an individual or a group agrees to work under the direction of an informal leader is called ________. general delegation specific delegation formal delegation informal delegation Your score isThe average score is 0%🎉 Challenge alert! 💡 Share this quiz with your friends and see who scores the highest! 🏆🤩🔥 LinkedIn Facebook Follow Us @ 0% Restart quiz Exit We’d love to hear your thoughts! 📝 Share your valuable review with us. 🙌 🌟 Thank you for your support! 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