30 Questions
What is one way organizations contribute to the uplift of society as part of Corporate Social Responsibility?
Building hospitals and schools
Which term describes the nature of management that applies to all types of organizations?
Universal
What is a defining characteristic of goal-oriented management?
Achieving organizational objectives
In what way is management a continuous process?
It consists of functions like planning, organizing, directing, and controlling
What does management involve besides the administration of people?
Managing work, processes, and operations
Why is management considered a group activity within an organization?
To integrate human and other resources for desired objectives
What is the main focus of a supervisor's job?
Supervising workers
Which type of plan is used by supervisors to accomplish their job responsibilities?
Operational plans
What type of plan leads to the achievement of tactical plans according to the text?
Operational plans
In the organizational structure, where do supervisors generally position themselves?
At the operational level
Apart from strategic, tactical, and operational plans, what other plan should supervisors develop?
Contingency plan
What is one of the key activities involved in a supervisor's role according to the text?
Observing, guiding, and monitoring workers
What does organizational effectiveness imply?
Achieving objectives within given resources
How are various organizational plans arranged according to the text?
In a hierarchy where higher order plans help derive lower order plans
What is the role of a supervisor in relation to the organizational mission?
To follow the mission set by authorities and suggest improvements
According to Mc Farland, what are objectives in an organization?
Aims or purposes that organizations wish to achieve over time
What is the end result for which organizations strive according to the text?
Mission, purpose, goal, or target achievement
How does effectiveness lead to organizational success based on the provided information?
It ensures that objectives are achieved and contributes to success
What is the next step after identifying alternatives in the decision-making process?
Select the best course of action
How are alternatives evaluated in decision-making?
By using software packages
What type of plans are derived to support the main plan?
Derivative/supportive plans
Why is measuring and controlling the process important in planning?
To check progress and take remedial action
In decision-making, what role do software packages play in evaluating alternatives?
They help in evaluating alternatives
What is the purpose of developing derivative/supportive plans after selecting the best course of action?
To formulate additional plans supporting the main plan
What factors influence the choice of a planning period?
Lead time in development, recovery of capital investment, and length of commitment already made
Why should a planning period be long enough to fulfill already made commitments?
To fulfill agreements and obligations
Which factor should be considered while deciding the planning period for a new project?
Lead time in development and commercialization
Why is the payback period important in influencing the planning period?
It affects the recovery of capital investment
What is a key consideration in establishing the duration of a plan?
Ensuring commitment fulfillment
Why is it important for a small manufacturer to make annual plans?
To ensure timely commercialization of ideas
Test your knowledge on Corporate Social Responsibility and the universal characteristics of management. Explore how organizations use their profits for the betterment of society and the applicability of management principles across different industries.
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