Tag: functions and levels of management

Quizzes (4) Questions (132)

Questions Related to functions and levels of management

Multiple choice business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

Management is an art because it involves use of _______.

  1. experience and intelligence

  2. creativity and personalization

  3. skills and knowhow

  4. none of the above.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Every individual manger has its own thoughts and his own knowledge which let it achieve the goal of organisation in most efficient way unlike science which gives principles and theories which have to be universally true and is independent on the knowledge and skill of a manager. Thus management involves creativity and personalization.

Multiple choice business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

According to Katz which one of the following is a combination of technical Human and conceptual skills?

  1. Analytical skills

  2. Management functions

  3. Managerial skills

  4. Behavioural skills.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Robert Katz identified three essential skills for managers: technical, human, and conceptual. The combination of these three is collectively referred to as managerial skills.

Multiple choice business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

Which of the following is exact science?
1.Physics
2.Chemistry
3.Psychology
4.Mathematics
Select the correct answer from the options given below -

  1. 1, 2 & 3

  2. 3, 4 & 1

  3. 1 & 2

  4. 4, 1 & 2
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Mathematics, Physics, and Chemistry are considered exact sciences because they rely on precise, verifiable, and universal laws. Psychology is a social science, which deals with human behavior and is not considered an exact science in the same sense.

Multiple choice business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

Management is a __________ science.

  1. developed

  2. developing

  3. well settled

  4. exact
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Management is considered a developing science because it is constantly evolving with new theories, research, and practices. It is not an exact science because human behavior and organizational contexts are unpredictable.

Multiple choice business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

Forecasts ___________________.

  1. Become more accurate with longer time horizons

  2. Are rarely perfect

  3. Are more accurate for individual items than for groups of items

  4. All of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Forecasts are estimates of future events and are inherently subject to uncertainty. They are rarely perfect, and their accuracy generally decreases as the time horizon increases.

Multiple choice business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

LLP cannot raise funds from public.

  1. True

  2. False

  3. Partly true

  4. Exceptions are there
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A Limited Liability Partnership (LLP) is a private entity. Unlike a public limited company, an LLP cannot raise funds from the general public through the issuance of shares or debentures.

Multiple choice business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

The skill that is required by all level of managers _____________.

  1. Conceptual skill

  2. Technical skill

  3. Human relation skill

  4. None of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Human relation skills (or interpersonal skills) are required at all levels of management because every manager must interact with, motivate, and lead people. Technical and conceptual skills vary in importance by level, but human skills are universal.

Multiple choice business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

Invariably to have good human relations a manager should _______________.

  1. Promote & do self appraisal

  2. Direct change and control

  3. Understand the psychology of individual

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Good human relations require a holistic approach, including self-awareness, understanding individual psychology, and the ability to direct and control organizational change effectively. All these components contribute to a manager's ability to maintain positive relationships.

Multiple choice business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

A project manager in a project management organization is  ________________.

  1. Top level management

  2. Middle level management

  3. Lower level management

  4. None of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A project manager typically operates at the middle level of management. They are responsible for implementing the strategies set by top management and overseeing the operational teams at the lower level.

Multiple choice business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

A successful manager has to specialize in art of managing ___________. 

  1. marketing

  2. finance

  3. human resource

  4. all of the above.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A successful manager must be versatile and understand the core functional areas of a business, including marketing, finance, and human resources, to make informed decisions and lead effectively.