Management Principles Quiz

Dictating

Overseeing

Micromanaging

Controlling (correct)

Immediate market trends

Day-to-day operations

Long-term goals and objectives (correct)

Short-term profits

Bureaucratic approach

Autocratic approach

Scientific management approach

Human relations approach (correct)

<p>The four functions of management are planning, organizing, leading, and controlling. Planning involves setting goals and determining the best way to achieve them. Organizing involves arranging resources and tasks to reach the goals. Leading involves motivating and guiding employees to accomplish the goals. Controlling involves monitoring progress and making necessary adjustments.</p> Signup and view all the answers

<p>The key principles of management include division of work, authority and responsibility, discipline, unity of command, unity of direction, subordination of individual interest to general interest, remuneration, centralization, scalar chain, and order. These principles contribute to organizational success by providing a framework for effective management, ensuring efficient operations, and maximizing productivity.</p> Signup and view all the answers

<p>Management by objectives (MBO) is a management model that aims to improve organizational performance by defining objectives collaboratively for employees and management to achieve. It involves setting specific, measurable, achievable, relevant, and time-bound (SMART) goals. MBO is significant in organizational management as it aligns employee efforts with organizational goals, enhances communication and collaboration, and fosters a results-oriented work culture.</p> Signup and view all the answers