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