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