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