Podcast
Questions and Answers
What is the primary function of managers in the LOW level of management?
What is the primary function of managers in the LOW level of management?
- Dealing with contingency situations
- HR oversight and direction of operative employees (correct)
- Establishing goals and defining methods
- Planning and decision making
Which type of plan is made to deal with situations that might arise if assumptions turn out to be wrong?
Which type of plan is made to deal with situations that might arise if assumptions turn out to be wrong?
- Contingency Plan (correct)
- Standing Plan
- Hierarchical Plan
- Single-use Plan
What does a mission statement describe?
What does a mission statement describe?
- The company's key market and target audience
- The company's objectives and approach to achieve them (correct)
- The company's vision for the future
- The company's unique product or service features
What is the primary difference between a mission statement and a vision statement?
What is the primary difference between a mission statement and a vision statement?
What is the purpose of a standing plan?
What is the purpose of a standing plan?
What is the third essential component of a commercial mission?
What is the third essential component of a commercial mission?
What is the primary role of effective communication in an organization?
What is the primary role of effective communication in an organization?
What motivates people to work in an organization?
What motivates people to work in an organization?
What determines the decision-making process in a decentralized organization?
What determines the decision-making process in a decentralized organization?
What type of organizational structure follows a line/chain of command?
What type of organizational structure follows a line/chain of command?
What is the primary characteristic of a centralized organizational structure?
What is the primary characteristic of a centralized organizational structure?
What is the purpose of an organizational structure?
What is the purpose of an organizational structure?
What is the primary focus of inventory management?
What is the primary focus of inventory management?
What type of inventory refers to items used to manufacture components or finished products?
What type of inventory refers to items used to manufacture components or finished products?
Which inventory management technique involves categorizing products by importance?
Which inventory management technique involves categorizing products by importance?
What is the primary goal of Just in Time (JIT) inventory management?
What is the primary goal of Just in Time (JIT) inventory management?
What type of inventory management involves a wholesaler placing stock with a retailer, retaining ownership until sold?
What type of inventory management involves a wholesaler placing stock with a retailer, retaining ownership until sold?
What is backordering in inventory management?
What is backordering in inventory management?
What is an example of tolerable demands in a workplace?
What is an example of tolerable demands in a workplace?
What is another term for Manpower Planning?
What is another term for Manpower Planning?
What is the significance of Human Resources in managerial functions?
What is the significance of Human Resources in managerial functions?
What is a key aspect of Efficient Utilization in Manpower Planning?
What is a key aspect of Efficient Utilization in Manpower Planning?
What is a component of the staffing function?
What is a component of the staffing function?
What is a result of strong human relations in an organization?
What is a result of strong human relations in an organization?
What is the primary benefit of effective communications during organizational change?
What is the primary benefit of effective communications during organizational change?
What is the primary purpose of an arrow diagram?
What is the primary purpose of an arrow diagram?
What is the most common dependency type used between activities in PDM?
What is the most common dependency type used between activities in PDM?
What does an arrow diagram help to identify?
What does an arrow diagram help to identify?
What is the purpose of the Precedence Diagramming Method (PDM)?
What is the purpose of the Precedence Diagramming Method (PDM)?
What type of dependency is represented by two activities starting together?
What type of dependency is represented by two activities starting together?
