Business Management – Set 2 January 29, 2025 by aasi Home › Management › Business Management Business Management Business Management – Set 2 📝 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. 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950 Business Management – Set 2 Dear ! This is Business Management – Set 2 Quiz and it contains 50 questions. Keep Learning! 1 / 50 1) The process whereby a manger shares his work and authority with his subordinates is________. Responsibility Delegation decision making Decentralisaiton 2 / 50 2) Strategic planning is annual planning long term planning short term planning medium term planning 3 / 50 3) Decision taken by committee formed by the top management for specific purpose is ________. organisational decision personal decision group decision operative decision 4 / 50 4) Construction of fly over is an example of rules programme project methods 5 / 50 5) Operational planning is Short term planning Long term planning medium term planning annual planning 6 / 50 6) Programmed decision is also known as routine decisions strategic decisions operative decisions structured decisions 7 / 50 7) Departmentation is a part of the _______. organisaiton process staffing process control process planning process 8 / 50 8) Goals, aims, purposes, missions and target is also known as policies rules strategies objectives 9 / 50 9) When authority is delegated as per the organisaiton structure it is called ________. specific delegation general delegation formal delegation informal delegation 10 / 50 10) Delegation made by written orders and instruction is known as _________. written delegation sideward delegation downward delegation oral delegation 11 / 50 11) Strategic planning is done at workers lower level of management subordinates high levels of management 12 / 50 12) The subordinate is granted authority to perform all the functions in his department or division is _________. formal delegation general delegation specific delegation informal delegation 13 / 50 13) Authority is the right to give orders and the power to exact obedience is defined by Louise Allen Fayol Strong Barnard 14 / 50 14) The assumptions about future derived from forecasting and used in planning are known as corporate premises freehold premises business premises planning premises 15 / 50 15) Employees will be promoted on the basis of seniority is an example of methods rules policy procedures 16 / 50 16) The purchase of land and building is an example of major decision minor decision spot decision group decision 17 / 50 17) The authority flows from top to bottom through the structure of an organization is _________. The organisaiton theory The formal authority theory The competence theory The acceptance of authority theory 18 / 50 18) 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 19 / 50 19) Contingent plan to meet environmental pressure is policies rules objective strategies 20 / 50 20) Goal or target to be achieved is known as. Budget procedures objective A.schedule B.C.D. 21 / 50 21) The orders, instructions or direction are delegated to a particular person specifically is known as _________. general delegation informal delegation specific delegation formal delegation 22 / 50 22) Departmentation on the basis of production process is called _________. equipment department departmentation by customers departmentation by territory departmentation by products 23 / 50 23) The decision which is implemented within the concerned department is known as ___________. economic decision non-economic decision problem decision departmental decision 24 / 50 24) Operational planning is done at workers subordinates lower level of management high levels of management 25 / 50 25) A leader motivates his followers to work hard by offering them rewards is _________. autocratic style positive style democratic style negative style 26 / 50 26) The process of dividing the large monolithic functional organization into small and flexible administrative units is called ________. delegation staffing control departmentation 27 / 50 27) A rigid plan, no scope for discretion rule budgets procedures schedules 28 / 50 28) When an individual or a group agrees to work under the direction of an informal leader is called ________. informal delegation general delegation formal delegation specific delegation 29 / 50 29) Planning lays down the overall objective, strategies and polices for the total enterprise is department planning unit planning divisions planning corporate planning 30 / 50 30) A chronological sequence of steps to be undertaken to enforce a policy and to attain an objective is known as rules objectives strategies procedures 31 / 50 31) The leader who excels as a leader because of his superior knowledge is _________. intellectual leader institutional leader liberal leader autocratic leader 32 / 50 32) Increase sales by 10% is an example of procedures schedules objective budgets 33 / 50 33) Penalty is levied for violation of Rules policy Procedures methods 34 / 50 34) Set of clear instruction in a clear and logical sequence to perform a particular task policy methods programme rules 35 / 50 35) Planning focus on day-to-day actions of work units is divisions planning corporate planning department planning unit planning 36 / 50 36) 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 competence theory The formal authority theory The organisaiton theory The acceptance of authority theory 37 / 50 37) The term span of management is also known as _______. span of activity span of business span of control span of planning 38 / 50 38) The type of authority is invested with the persons by virtue of the office held by them is ________. The formal authority theory The organisaiton theory The competence theory The acceptance of authority theory 39 / 50 39) The planning focus specific functional areas of business is corporate planning divisions planning department planning unit planning 40 / 50 40) Specifying the manner of executing policy is known as schedules budgets procedures objective 41 / 50 41) Departmentation on the basis of activities grouped according to the type of customer is _________. departmentation by products departmentation by function departmentation by customers departmentation by territory 42 / 50 42) The process of establishing a time sequence for the work is known as budgets objective procedures schedules 43 / 50 43) Complete installation of computer within 3 months is an example of project programme schedule rules 44 / 50 44) A decision taken to meet unexpected situations is known as ________. problem decision economic decision crisis decision non-economic decision 45 / 50 45) The decision which relates to day-to-day operation of an organization is known as __________. major decision organisational decision operative decision personal decision 46 / 50 46) Banks, insurance companies and distribution agencies are examples of ________. departmentation by customers departmentation by territory departmentation by products departmentation by function 47 / 50 47) Crisis decision is also known as ________. group decision minor decision spot decision major decision 48 / 50 48) The decision which does not incur any expenses is known as _________. non-economic decision economic decision crisis decision problem decision 49 / 50 49) No smoking the factor is an example of rules schedule programme project 50 / 50 50) The decision which has long term impact on business is _________. non-programmed decision non-economic decision programmed decision individual 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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