Tag: basics of management

Quizzes (0) Questions (84)

Questions Related to basics of management

Multiple choice business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

Which of the following is importance of management?
(1) It arranges the factors of production, assembles and organizes the resources.
(2) It helps the country to keep balanced approached in social order.
(3) It utilizes all the physical & human resources productively.
(4) It helps the employees to get stronger trade union.
(5) It get maximum results through minimum input by proper planning and by using minimum input.
Select the correct answer from the options given below -

  1. (4), (2) & (1)

  2. (3), (2) & (5)

  3. (1) & (3)

  4. (3), (1) & (5)
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Management is important because it organizes resources (1), utilizes human and physical resources productively (3), and maximizes results through planning and efficiency (5). Points 2 and 4 are not standard primary definitions of management's importance in this context.

Multiple choice business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

Management is a ________.

  1. science

  2. art

  3. both (a) and (b)

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

Management is considered both a science because it has a systematic body of knowledge and principles, and an art because it requires the application of skills, creativity, and personal judgment.

Multiple choice business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

Which word did Luthar Gulick coin using the initial letters of management? 

  1. POSBRD

  2. POSDCORB

  3. POSDCORBAC

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

Luther Gulick coined the acronym POSDCORB to describe the seven functions of management: Planning, Organizing, Staffing, Directing, Coordinating, Reporting, and Budgeting.

Multiple choice business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

Contingency theories identify _________________.

  1. one method of management is suitable for all situations.

  2. autocratic managers achieve the best results.

  3. people are more important than the products produced.

  4. the circumstances in which a particular practice is more likely to succeed.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Contingency theory suggests that there is no single best way to manage; instead, the optimal management approach depends on the specific circumstances or situation.

Multiple choice business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

When call center managers spend much of their time monitoring customer calls and giving employees feedback about how to improve their dialogue with customers in the future, these managers are using ________ skills. 

  1. technical

  2. conceptual

  3. situational

  4. ethical
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Technical skills involve the ability to perform specific tasks and use the tools or methods required for those tasks, such as monitoring calls and providing feedback in a call center.

Multiple choice business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

The process of collaborative goal setting by a manager and subordinate, the extent to which goals are accomplished is a major factor is evaluating and rewarding the subordinate's performance. It is called.

  1. Management by objective

  2. Management by resources

  3. Management by authority

  4. Management by system
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Management by Objectives (MBO) is a management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.

Multiple choice business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

Managers require a combination of technical competence, social and human skills and conceptual ability. Technical competence may be defined as ___________.

  1. the ability to view the complexities of the operations of the organization as a whole, including environmental influences.

  2. the ability to secure the effective use of human resources of the organisation

  3. the ability to apply specific knowledge, methods and skills to discrete tasks

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

Technical competence refers to the ability to apply specialized knowledge, methods, and techniques to perform specific tasks within an organization.

Multiple choice business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

As per Henry Mintzberg which of the following type of role a manager's has to play? 
(1) Interpersonal Role
(2) Informational Role
(3) Decisional Role
Select the correct answer from the options given below-

  1. (1)

  2. (2)

  3. (3)

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

Henry Mintzberg identified ten managerial roles, which he categorized into three main groups: Interpersonal, Informational, and Decisional roles.

Multiple choice business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

Which inputs has the greatest potential to increase productivity?

  1. Labour

  2. Globalization

  3. Management

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

Management is considered the most critical input for increasing productivity because it coordinates and optimizes the use of all other inputs like labor, capital, and technology.