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