Intermediate plan usually covers period of:
Select correct option:
1 to 5 years
1 year
5 to 10 year
Less than 1 year
Which of the following is the final step in the decision-making process?
Select correct option:
Identifying the problem
Evaluating the decision’s effectiveness
Identifying decision criteria
Selecting an alternative that can resolve the problem
Which of the following are included in strategic plans?
Select correct option:
The formulation of objectives
Financial information
Participation from all levels
Benchmarking
Strategy ______is the process of choosing among different strategies and altering them to best fit the organization's needs.
Select correct option:
Formulation
Control
Implementation
Testing
Which of the following is the number of subordinates that a manager manages and ultimately determines the number of levels of managers in an organization?
Select correct option:
Responsibility
Unity of command
Chain of command
Span of control
A state legislative plan that calls for a 2.45 percent increase in tobacco sales tax for the next 2 years would be considered which of the following type of plan?
Select correct option:
Tactical
Operational
Specific
Directional
Concern for employee motivation is most closely associated with which of the following management approach?
Select correct option:
Bureaucracy
Organizational behavior
Scientific management
Systems
Henri Fayol, a French industrialist, first analyzed what managers do and divided that work into functions. The study of the management function that defines goals and establishes strategies to achieve them is called:
Select correct option:
Planning
Organizing
Leading
Controlling
Mr. A is a manager in XYZ Company; he has a reputation for being an open and honest person and understands how to motivate employees and customers, he is said to have good ______skills.
Select correct option:
Sales
Political
Interpersonal
Technical
Which one of Fayol’s 14 principles of management helps preserve the concept of a continuous line of authority?
Select correct option:
Unity of demand
Unity of command
Demand structure
Continuous demand
The people at the bottom of the organization generally deal with repetitive and familiar problems such as workers who are late or machinery that breaks down. As a result, most of the decisions made by first line supervisors are:
Select correct option:
Programmed decisions
Ill-structured decisions
Novel decisions
Non-programmed decisions
The task environment of organizations consists of constituencies that have a direct impact on managers’ decisions and actions. The main constituencies are made up of customers, suppliers, competitors, and ______.
Select correct option:
Legislators
Pressure groups
Employees
Lawyers
Which of the following is the most ancient management monument?
Select correct option:
Wall of China
Egyptian Pyramid
TajMahal
Sydney Opera House
The people who work directly on a job or task and have no responsibility for overseeing the work of others are called:
Select correct option:
First-line managers
Middle managers
Non managerial staff
Supervisors
If a group’s desire for consensus and cohesiveness overwhelms its desire to reach the best possible decision, it is called:
Select correct option:
Groupthink
Group pressure
Group decision
Group dynamics
In an effort to make organizations more flexible and responsive to competitive pressures, firms have adopted more ______decision making.
Select correct option:
Centralized
Decentralized
Vertically integrated
Stable
Which one of the following establishes goals, overall strategies and operating policies of an organization?
Select correct option:
Top manager
Middle manager
First-line manager
Non-managerial employee
Which of the following is the process of developing businesses to pursue trends and changes that no one else has seen before?
Select correct option:
Entrepreneurship
Division of labor
Evolution
E-commerce
What type of an organization actively creates, acquires, and transfers knowledge within itself and is able to modify its behavior to reflect new knowledge?
Select correct option:
Enlightened organization
Conceptualized organization
Learning organization
Modern organization
The process of monitoring performance, comparing it with goals and correcting any significant deviations is known as:
Select correct option:
Planning
Organizing
Leading
Controlling