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