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