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