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