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