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