Management Basics Quiz
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Questions and Answers

What does management primarily focus on achieving?

  • Individual performance at the expense of teamwork
  • Maximizing profits regardless of efficiency
  • Organizational goals in a structured way (correct)
  • Minimizing costs without regard for quality
  • Which of the following is NOT one of the four functions of management?

  • Controlling
  • Leading
  • Negotiating (correct)
  • Planning
  • What is the main purpose of an organization?

  • To achieve predetermined goals through social cooperation (correct)
  • To maintain individual independence among workers
  • To create competition among its members
  • To prioritize profit over structure and relationships
  • How is a business organization defined?

    <p>An entity that is both commercial and social, focused on trading</p> Signup and view all the answers

    What does the planning function in management entail?

    <p>Defining goals and deciding on necessary resources</p> Signup and view all the answers

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