Business Management – Set 5 January 29, 2025 by aasi Home › Management › Business Management Business Management Business Management – Set 5 📝 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. 123456789101112131415161718192021222324252627282930313233343536 Business Management – Set 5 Dear ! This is Business Management – Set 5 Quiz and it contains 36 questions. Keep Learning! 1 / 36 1) Informal communication is commonly known as downward communication horizontal communication upward communication grapevine 2 / 36 2) The last function of management is staffing organizing planning controlling 3 / 36 3) The control takes place before the actual activity is known as feedback control preserving control concurrent control feed forward control 4 / 36 4) Control exercised while the activity is in progress is preserving control feedback control concurrent control feed forward control 5 / 36 5) Growth and prosperity of any organization depends upon division of work competition organizing planning 6 / 36 6) Need hierarchy theory was formulated by mc gregor henry fayol maslow fw taylor 7 / 36 7) Men, Money Material and Machines are included in factors of production budget preparation resources cost analysis 8 / 36 8) The process of activity relating to the effective utilization of available resources for production is management planning decision making organization 9 / 36 9) According to Follet, conflict may be removed through three ways control, compromise and integration domination, compromise and integration direction, domination and integration direction, domination and integration 10 / 36 10) Cost volume profit analysis is otherwise called as statistical controls cost control break even analysis budgeting techniques 11 / 36 11) The organization which was devised by FW Taylor was committee organization matrix organization functional organization line and staff organization 12 / 36 12) MBO was introduced by Peter F drucker Max Weber Henry fayol Mary parker follet 13 / 36 13) Control imposed after an action has occurred is feed forward control feedback control preserving control concurrent control 14 / 36 14) Plans, policies and procedures are the functions of top level management middle level management middle level and bottom level management bottom level management 15 / 36 15) Achievement of objectives of an organization is concerned with Division of work management planning organization 16 / 36 16) Theory of work-motivation was propounded by fw taylor maslow herzberg mc gregor 17 / 36 17) Verification of financial statements is internal audit external audit management audit financial audit 18 / 36 18) The extent to which power and authority are retained at the top is called as accountability responsibility decentralization centralization 19 / 36 19) A decision which relates to day to day operation of an organization is known as minor decisions operative decisions organizational decision major decisions 20 / 36 20) Span of control means leadership quality chain of command the number of people managed the number of people working 21 / 36 21) ________is a force to drive a person to action C.co-operation coordination control motivation 22 / 36 22) _______Plans are made to achieve the overall organizational goals strategic plans operational plans tactical plans single use plans 23 / 36 23) A statement which reflects future incomes and expenditure Profit and loss Budget Balance sheet Cash account 24 / 36 24) A structure of relationship is called as team organization group effort functions 25 / 36 25) Father of scientific management weber Fw Taylor Peter drucker Henry fayol 26 / 36 26) Passing of authority to make decisions to the lowest possible level in the organizational hierarchy is known as authority responsibility accountability decentralization 27 / 36 27) Which function is basis of control planning controlling organizing cooperating 28 / 36 28) The primary function of management is planning directing staffing decision making 29 / 36 29) The management function which regulates the activities co-ordination control direction planning 30 / 36 30) Esteem needs are also called as safety needs ego needs self realization needs social needs 31 / 36 31) The term policy is derived from latin English greek French 32 / 36 32) A policy which is inferred from the behaviour of the superior is specific policy external policy implicit policy appealed policy 33 / 36 33) Consumers are satisfied through innovation management communication motivation 34 / 36 34) The decisions which are frequent and repetitive in nature are called as major decisions operative decisions programmed decisions non programmed decisions 35 / 36 35) Planning brings resources coordination and co-operation controlling co-operation 36 / 36 36) Responsibility lies in the hands of people in the upper echelons of the hierarchy is called Exploitative Participative Consultative Benevolent Your score isThe average score is 3%🎉 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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