Management Fundamentals Quiz

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Questions and Answers

What is the definition of efficiency in management?

  • Getting work done quickly regardless of effort or expense
  • Getting work done with maximum effort and expense
  • Getting work done without considering waste or expense
  • Getting work done with a minimum of effort, waste, or expense (correct)

Which function of management involves determining organizational goals and means for achieving them?

  • Organizing
  • Controlling
  • Planning (correct)
  • Leading

What is the main role of organizing in management?

  • Monitoring progress toward goal achievement
  • Deciding where decisions will be made and who will do what jobs (correct)
  • Setting standards to achieve a goal
  • Inspiring and motivating workers to achieve goals

What does effectiveness in management refer to?

<p>Accomplishing tasks that help fulfill organizational objectives (D)</p> Signup and view all the answers

What does controlling in management involve?

<p>Monitoring progress toward goal achievement and taking corrective action (C)</p> Signup and view all the answers

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