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