Management Concepts and Theories Quiz
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Questions and Answers

What are the different forms of ownership mentioned in the text?

  • Proprietorship, Partnership, Joint Stock Company, Co-operative Society, Government Sector (correct)
  • Proprietorship, Corporation, Joint Venture, Cooperative Society, Public Sector
  • Sole Proprietorship, Partnership, Corporation, Cooperative, Private Sector
  • Sole Proprietorship, Corporation, Limited Liability Company, Cooperative, Public Sector
  • Which management theorist is associated with the concept of Scientific Management?

  • Elton Mayo
  • Henry Fayol
  • Frederick Winslow Taylor (correct)
  • Max Weber
  • What are the functions of management as per the text?

  • Planning, Organizing, Staffing, Directing & Controlling (correct)
  • Planning, Implementing, Monitoring, Evaluating
  • Organizing, Delegating, Motivating, Evaluating
  • Leading, Coordinating, Decision Making, Supervising
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