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