Podcast
Questions and Answers
What is the function of management related to creating a detailed action plan for the future?
What is the function of management related to creating a detailed action plan for the future?
- Directing/Guiding/or Leading Function
- Staffing Function
- Planning Function (correct)
- Organizing Function
Which type of business organization is specifically mentioned in the text?
Which type of business organization is specifically mentioned in the text?
- Cooperative
- Sole Proprietorship (correct)
- Franchise
- Joint Venture
Which management style involves a leader who makes decisions without consulting others?
Which management style involves a leader who makes decisions without consulting others?
- Democratic Management
- Laissez Faire Management
- Paternalistic Management
- Autocratic Management (correct)
What is the function of management related to the coordination of resources and tasks?
What is the function of management related to the coordination of resources and tasks?
Which type of organization is focused on members' common interests and may operate for educational, charitable, or social purposes?
Which type of organization is focused on members' common interests and may operate for educational, charitable, or social purposes?
What is the term used for the function of management related to the coordination of resources and tasks?
What is the term used for the function of management related to the coordination of resources and tasks?
Which type of organization may operate for educational, charitable, or social purposes?
Which type of organization may operate for educational, charitable, or social purposes?
What is the term for a business organization where the liability of the owners is limited to the amount of their investment?
What is the term for a business organization where the liability of the owners is limited to the amount of their investment?
Which management style involves a leader who makes decisions without consulting others?
Which management style involves a leader who makes decisions without consulting others?
What is the term for the function of management related to monitoring performance and taking corrective actions?
What is the term for the function of management related to monitoring performance and taking corrective actions?
Flashcards
Planning Function
Planning Function
Creating a detailed action plan for the future.
Sole Proprietorship
Sole Proprietorship
A business owned and run by one person.
Autocratic Management
Autocratic Management
Leader makes decisions without consulting others.
Organizing Function
Organizing Function
Signup and view all the flashcards
Nonprofit Organization
Nonprofit Organization
Signup and view all the flashcards
Corporation
Corporation
Signup and view all the flashcards
Laissez Faire Management
Laissez Faire Management
Signup and view all the flashcards
Controlling Function
Controlling Function
Signup and view all the flashcards
