Management Functions and Industrial Function in Business
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Questions and Answers

According to Shildon, what is the primary focus of management?

  • Defining the project's objectives
  • Final control over implementation work
  • Determining the organizational structure
  • Coordinating between project financing and production (correct)

    • What did Henri Fayol define as a process?

  • Organizing, issuing, and controlling
  • Forecasting, organizing, and executing
  • Planning, organizing, and controlling
  • Forecasting, planning, and issuing (correct)

    • In the context of management described in the text, what comes after planning in the process?

  • Forecasting
  • Issuing
  • Coordinating
  • Organizing (correct)

    • Which function is NOT mentioned in the description of management according to the text?

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

    Which term is used in the text to describe the coordination between project financing and production?

    <p>Project coordinating</p> Signup and view all the answers

    What is Henri Fayol's definition of administration?

    <p>A process of defining project objectives and issuing work orders</p> Signup and view all the answers

    Which activity is NOT part of management according to the text?

    <p>Marketing strategy</p> Signup and view all the answers

    What does Shildon consider as a key element of management?

    <p>Coordinating between financing and production</p> Signup and view all the answers

    What is one of the primary responsibilities of management?

    <p>Determining organizational structure</p> Signup and view all the answers

    What role does administration play in relation to planning according to the text?

    <p>Administration is part of the planning function</p> Signup and view all the answers

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