Business Management – Set 5 January 29, 2025 by aasi Home › Management › Business Management Business Management Business Management – Set 5 📝 Model Practice Set ⚡ Instant Answers & Explanation 🎯 Exam Oriented 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) Consumers are satisfied through motivation management communication innovation 2 / 36 2) Planning brings coordination and co-operation co-operation controlling resources 3 / 36 3) The term policy is derived from French greek English latin 4 / 36 4) The control takes place before the actual activity is known as feed forward control preserving control feedback control concurrent control 5 / 36 5) Achievement of objectives of an organization is concerned with management planning organization Division of work 6 / 36 6) Men, Money Material and Machines are included in cost analysis budget preparation resources factors of production 7 / 36 7) A decision which relates to day to day operation of an organization is known as major decisions organizational decision minor decisions operative decisions 8 / 36 8) The last function of management is staffing controlling organizing planning 9 / 36 9) Plans, policies and procedures are the functions of middle level and bottom level management bottom level management top level management middle level management 10 / 36 10) Growth and prosperity of any organization depends upon competition division of work planning organizing 11 / 36 11) Control imposed after an action has occurred is feedback control concurrent control feed forward control preserving control 12 / 36 12) Cost volume profit analysis is otherwise called as break even analysis budgeting techniques statistical controls cost control 13 / 36 13) Passing of authority to make decisions to the lowest possible level in the organizational hierarchy is known as accountability authority responsibility decentralization 14 / 36 14) Need hierarchy theory was formulated by maslow fw taylor henry fayol mc gregor 15 / 36 15) The process of activity relating to the effective utilization of available resources for production is decision making organization management planning 16 / 36 16) The primary function of management is directing planning decision making staffing 17 / 36 17) Which function is basis of control cooperating controlling planning organizing 18 / 36 18) The management function which regulates the activities co-ordination planning control direction 19 / 36 19) Father of scientific management Fw Taylor Peter drucker weber Henry fayol 20 / 36 20) Theory of work-motivation was propounded by herzberg fw taylor maslow mc gregor 21 / 36 21) Informal communication is commonly known as horizontal communication downward communication grapevine upward communication 22 / 36 22) The decisions which are frequent and repetitive in nature are called as major decisions programmed decisions non programmed decisions operative decisions 23 / 36 23) A structure of relationship is called as team functions organization group effort 24 / 36 24) Span of control means the number of people working chain of command the number of people managed leadership quality 25 / 36 25) A statement which reflects future incomes and expenditure Profit and loss Cash account Balance sheet Budget 26 / 36 26) ________is a force to drive a person to action C.co-operation motivation control coordination 27 / 36 27) A policy which is inferred from the behaviour of the superior is implicit policy external policy specific policy appealed policy 28 / 36 28) Esteem needs are also called as safety needs self realization needs social needs ego needs 29 / 36 29) The organization which was devised by FW Taylor was matrix organization functional organization committee organization line and staff organization 30 / 36 30) The extent to which power and authority are retained at the top is called as responsibility centralization accountability decentralization 31 / 36 31) Responsibility lies in the hands of people in the upper echelons of the hierarchy is called Benevolent Consultative Exploitative Participative 32 / 36 32) Verification of financial statements is internal audit external audit financial audit management audit 33 / 36 33) Control exercised while the activity is in progress is concurrent control feed forward control preserving control feedback control 34 / 36 34) _______Plans are made to achieve the overall organizational goals tactical plans operational plans single use plans strategic plans 35 / 36 35) According to Follet, conflict may be removed through three ways direction, domination and integration domination, compromise and integration direction, domination and integration control, compromise and integration 36 / 36 36) MBO was introduced by Peter F drucker Henry fayol Mary parker follet Max Weber 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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