Business Management – Set 5 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. 123456789101112131415161718192021222324252627282930313233343536 Business Management – Set 5 Dear ! This is Business Management – Set 5 Quiz and it contains 36 questions. Keep Learning! 1 / 36 1) Which function is basis of control organizing planning cooperating controlling 2 / 36 2) Passing of authority to make decisions to the lowest possible level in the organizational hierarchy is known as accountability authority responsibility decentralization 3 / 36 3) Father of scientific management weber Henry fayol Peter drucker Fw Taylor 4 / 36 4) Men, Money Material and Machines are included in factors of production resources budget preparation cost analysis 5 / 36 5) The primary function of management is planning staffing directing decision making 6 / 36 6) A statement which reflects future incomes and expenditure Profit and loss Budget Balance sheet Cash account 7 / 36 7) The extent to which power and authority are retained at the top is called as responsibility decentralization accountability centralization 8 / 36 8) _______Plans are made to achieve the overall organizational goals tactical plans strategic plans single use plans operational plans 9 / 36 9) The management function which regulates the activities planning co-ordination direction control 10 / 36 10) Achievement of objectives of an organization is concerned with organization planning management Division of work 11 / 36 11) Consumers are satisfied through management innovation communication motivation 12 / 36 12) Control exercised while the activity is in progress is feedback control feed forward control concurrent control preserving control 13 / 36 13) Esteem needs are also called as ego needs self realization needs social needs safety needs 14 / 36 14) The control takes place before the actual activity is known as concurrent control preserving control feedback control feed forward control 15 / 36 15) Theory of work-motivation was propounded by herzberg maslow mc gregor fw taylor 16 / 36 16) Need hierarchy theory was formulated by henry fayol maslow mc gregor fw taylor 17 / 36 17) Responsibility lies in the hands of people in the upper echelons of the hierarchy is called Participative Benevolent Exploitative Consultative 18 / 36 18) Span of control means the number of people managed the number of people working chain of command leadership quality 19 / 36 19) Informal communication is commonly known as grapevine downward communication upward communication horizontal communication 20 / 36 20) The term policy is derived from French English latin greek 21 / 36 21) The last function of management is organizing staffing controlling planning 22 / 36 22) A policy which is inferred from the behaviour of the superior is specific policy appealed policy external policy implicit policy 23 / 36 23) The organization which was devised by FW Taylor was functional organization matrix organization committee organization line and staff organization 24 / 36 24) ________is a force to drive a person to action C.co-operation motivation control coordination 25 / 36 25) According to Follet, conflict may be removed through three ways direction, domination and integration control, compromise and integration direction, domination and integration domination, compromise and integration 26 / 36 26) Cost volume profit analysis is otherwise called as budgeting techniques statistical controls break even analysis cost control 27 / 36 27) Control imposed after an action has occurred is feed forward control preserving control concurrent control feedback control 28 / 36 28) MBO was introduced by Henry fayol Mary parker follet Max Weber Peter F drucker 29 / 36 29) The decisions which are frequent and repetitive in nature are called as operative decisions major decisions programmed decisions non programmed decisions 30 / 36 30) A decision which relates to day to day operation of an organization is known as operative decisions organizational decision minor decisions major decisions 31 / 36 31) Verification of financial statements is management audit financial audit internal audit external audit 32 / 36 32) Planning brings coordination and co-operation controlling co-operation resources 33 / 36 33) Plans, policies and procedures are the functions of middle level and bottom level management top level management bottom level management middle level management 34 / 36 34) The process of activity relating to the effective utilization of available resources for production is organization management decision making planning 35 / 36 35) A structure of relationship is called as organization team group effort functions 36 / 36 36) Growth and prosperity of any organization depends upon division of work planning competition organizing Your score isThe average score is 3%🎉 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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