Tag: business organisation

Questions Related to business organisation

Multiple choice business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

Functions of administration are _________.

  1. executive and governing

  2. policy making and implementation

  3. legislative and determinative

  4. none of the above.

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In classical management theory, administration is often distinguished from management by its focus on high-level decision-making, which includes legislative (policy-setting) and determinative functions.

Multiple choice business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

______ is the process of using the resources and personnel of an organization in an orderly way to achieve the objective and long term goals of the organization.

  1. Planning

  2. Organizing

  3. Leading

  4. Controlling

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Organizing is the management process of arranging resources, personnel, and tasks in a structured way to ensure the efficient achievement of organizational objectives.

Multiple choice business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

Which one of the following acronym did 'Luther Gulick' coin using initial letters of management's functions?

  1. POSBRD

  2. POSDBRD

  3. POSDCORB

  4. POCDSORB

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Luther Gulick coined word POSDCORB as management using the initial letters.
P for planning
O for organising
S for staffing
D for directing
CO for coordinating
R reporting
B budgeting

Multiple choice business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

Which of the following functions or activities requires recruiting and placing qualified personal needed for the organization so that it may achieve its objective and goals?

  1. Planning

  2. Staffing

  3. Organizing

  4. Controlling

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Staffing is the specific management function concerned with the recruitment, selection, and placement of the right personnel to fill organizational roles.

Multiple choice business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

Which word did Luther Gulick coin, using the initial letters of management functions?

  1. POSCRD

  2. POSBRD

  3. POSCARB

  4. POSDCORB

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Luther Gulick coined the word POSDCORB using the initial letters of Management functions :

P: Planning
O: Organizing
S : Staffing
D : Directing 
 C : Co-ordinating 
R : Reporting
 B: Budgeting

Multiple choice business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

What is the importance of management?

  1. It enables the organization to survive in changing environment

  2. It improves standard of living and increases the profit which is beneficial to business and society.

  3. Management fills up various positions with right persons, having right skills, training and qualification.

  4. All of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Management is essential for organizational survival, societal welfare through economic growth, and the effective utilization of human capital. Therefore, all listed points describe its importance.

Multiple choice business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

Organizations that are well managed ___________________.

  1. Choose the best suppliers for their products

  2. Complete on an international basis because they have the best products

  3. Always have the lowest-cost products

  4. Develop a loyal customer base, grow and prosper

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Well-managed organizations are characterized by their ability to adapt, build strong customer relationships, and achieve sustainable growth and prosperity over time.

Multiple choice business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

The skill that is not required by low level management is ____________.

  1. Human relation skill

  2. Technical skill

  3. Administrative skill

  4. Communication skill

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Low-level (supervisory) management primarily requires technical and human skills to oversee daily operations. Administrative skills are typically associated with top-level management.

Multiple choice business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

Few of the other fields to study that affect management theory or practice include ____________________.

  1. Political science, philosophy, anthropology and sociology

  2. Zoology, psychology, Sociology and philosophy

  3. Anthropology, astrology, political science and psychology

  4. Political science, sociology, typography and economics

Reveal answer Fill a bubble to check yourself
D Correct answer
Multiple choice business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

The other name of design skill is _______________.

  1. Problem solving skill

  2. Administrative skill

  3. Technical skill

  4. Conceptual skill

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Design skill is often referred to as problem-solving skill because it involves the ability to visualize complex situations and devise effective solutions to problems.