Four Functions of Management Quiz
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Four Functions of Management Quiz

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@WellManneredChalcedony

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Questions and Answers

What is the main purpose of a mission statement?

  • To empower those in need
  • To set broad long-term accomplishments
  • To outline fundamental purposes and steps to vision (correct)
  • To address poverty, illiteracy, disease, and injustice

    • What is the key difference between a goal and an objective?

  • Goals are broad long-term accomplishments, while objectives are specific and short-term (correct)
  • Goals are related to vision, while objectives are related to mission
  • Goals are internal, while objectives are external
  • Goals are specific and short-term, while objectives are broad long-term accomplishments

    • Which of the following is considered a potential weakness in SWOT analysis?

  • Strong research and development
  • Large inventories (correct)
  • Market leadership
  • High quality products

    • What is the primary function of controlling in management?

    <p>To ensure that what you do matches the plan</p> Signup and view all the answers

    Which of the following is a core value of BRAC?

    <p>Innovation</p> Signup and view all the answers

    Study Notes

    Mission Statement

    • A mission statement defines an organization's purpose and primary objectives.
    • It serves to guide decision-making, align stakeholder interests, and communicate the organization's values and direction.

    Goals vs. Objectives

    • Goals are broad, general intentions that set the direction for an organization, often long-term.
    • Objectives are specific, measurable steps taken to achieve a goal, typically shorter in timeframe and more focused.

    SWOT Analysis Weakness

    • A potential weakness in SWOT analysis refers to internal factors that limit the capacity of an organization, such as resource constraints or skill deficiencies.

    Controlling in Management

    • The primary function of controlling in management includes monitoring performance, comparing it with established standards, and making adjustments as needed to ensure the organization's goals are met.

    Core Values of BRAC

    • Core values of BRAC include integrity, innovation, and effectiveness, which guide its actions and decisions in development work and community engagement.

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    Description

    Test your knowledge of the Four Functions of Management with this quiz. Explore key terms such as vision, mission statement, goals, and objectives. Challenge yourself to understand how these concepts contribute to accomplishing organizational goals.

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