30 Questions
What is the primary function of managers in the LOW level of management?
HR oversight and direction of operative employees
Which type of plan is made to deal with situations that might arise if assumptions turn out to be wrong?
Contingency Plan
What does a mission statement describe?
The company's objectives and approach to achieve them
What is the primary difference between a mission statement and a vision statement?
A mission statement is about the company's objectives, while a vision statement is about the company's desired future position
What is the purpose of a standing plan?
To cover issues that managers face repeatedly
What is the third essential component of a commercial mission?
Distinction
What is the primary role of effective communication in an organization?
To facilitate the sharing of information between people within a company
What motivates people to work in an organization?
Fair treatment, doing important work, and enjoying good relationships with coworkers
What determines the decision-making process in a decentralized organization?
Mid-level or lower-level managers make most decisions
What type of organizational structure follows a line/chain of command?
Line organizational structure
What is the primary characteristic of a centralized organizational structure?
Decisions are made by top management
What is the purpose of an organizational structure?
To outline the company's hierarchy and roles
What is the primary focus of inventory management?
Tracking the amount of product
What type of inventory refers to items used to manufacture components or finished products?
Raw Materials
Which inventory management technique involves categorizing products by importance?
ABC Inventory Management
What is the primary goal of Just in Time (JIT) inventory management?
Lower the volume of inventory
What type of inventory management involves a wholesaler placing stock with a retailer, retaining ownership until sold?
Consignment
What is backordering in inventory management?
Taking orders and receiving payments for out-of-stock products
What is an example of tolerable demands in a workplace?
Having reasonable work hours
What is another term for Manpower Planning?
Human Resource Planning
What is the significance of Human Resources in managerial functions?
It is essential for the implementation of managerial activities
What is a key aspect of Efficient Utilization in Manpower Planning?
Managing a large workforce efficiently
What is a component of the staffing function?
Motivational programs and incentive plans
What is a result of strong human relations in an organization?
Stability in the organization
What is the primary benefit of effective communications during organizational change?
Maintaining morale and motivating employees
What is the primary purpose of an arrow diagram?
To determine the optimal sequence of events and their interconnectivity
What is the most common dependency type used between activities in PDM?
Finish-to-Start
What does an arrow diagram help to identify?
The critical path of a project
What is the purpose of the Precedence Diagramming Method (PDM)?
To develop a project schedule network diagram
What type of dependency is represented by two activities starting together?
Start-to-Start
This quiz covers the basics of management functions, including planning and supervisory roles, and their importance in achieving organizational goals.
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