Management Principles Quiz
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Questions and Answers

What is the definition of management?

  • Management is the science and art of getting people together to accomplish desired goals and objectives by coordinating and integrating all available resources efficiently and effectively. (correct)
  • Management is concerned with using 4M's - men, machine, material, and money, excluding methods.
  • Management is the act of creating a business environment without considering the integration of resources.
  • Management is the process of solely administering and controlling the affairs of the organization.

    • What are the 5M's that management is concerned with optimizing?

  • Managers, machines, methods, money, and materials
  • Managers, machines, materials, money, and maintenance
  • Men, machine, material, money, and methods (correct)
  • Managers, manpower, materials, money, and methods

    • Which of the following is NOT a characteristic of management?

  • Universal
  • Involves achieving business objectives efficiently and effectively
  • Concerned with direction, coordination, and integration
  • Specific to profit-making organizations (correct)

    • What does management aim to achieve regarding the 5M's?

    <p>Optimally using them</p> Signup and view all the answers

    What is the primary focus of management according to the text?

    <p>Achieving desired goals and objectives</p> Signup and view all the answers

    What does management aim to accomplish by coordinating and integrating all available resources efficiently and effectively?

    <p>Achieve desired goals and objectives</p> Signup and view all the answers

    Which of the following is NOT considered one of the 5M's that management is concerned with optimizing?

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

    What is the primary focus of management according to the text?

    <p>Achieving business objectives efficiently and effectively</p> Signup and view all the answers

    Which of the following is NOT a characteristic of management?

    <p>Profit-oriented</p> Signup and view all the answers

    What is management defined as in the text?

    <p>The science and art of getting people together to accomplish desired goals and objectives</p> Signup and view all the answers

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