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