Functions of Management Quiz
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Questions and Answers

Which of the following best describes the function of management?

  • Creating a competitive work environment
  • Managing external stakeholders' interests
  • Setting organizational goals and objectives (correct)
  • Implementing company-wide social responsibility programs

    • What is a key responsibility of management in an organization?

  • Conducting product research and development
  • Ensuring effective resource allocation (correct)
  • Developing marketing strategies
  • Influencing consumer behavior

    • What is one of the primary tasks of management in a company?

  • Negotiating trade agreements with suppliers
  • Executing day-to-day operational tasks
  • Designing advertising campaigns
  • Formulating long-term business strategies (correct)

    • Which of the following is a fundamental role of management in an organization?

    <p>Ensuring legal compliance and ethical standards</p> Signup and view all the answers

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