Management Principles Quiz

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Questions and Answers

Which of the following best describes the primary objective of management?

  • Only social responsibility
  • Maximizing profits at any cost
  • Economic, social, and human objectives (correct)
  • Only economic benefits

Administration and organisation are synonyms.

True (A)

What are the three levels of management?

Top Management, Middle Management, Lower Management

Management is considered to be both a science and an _____

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

Match the functions of management with their descriptions:

<p>Planning = Setting objectives and determining a course of action Organizing = Arranging resources to implement the plan Leading = Motivating and directing employees Controlling = Monitoring progress and making corrections</p> Signup and view all the answers

Which statement about coordination in management is correct?

<p>Coordination ensures that all parts of an organization work together effectively. (B)</p> Signup and view all the answers

Flashcards

Management definition

Management is a process, function, and/or discipline of getting things done through people.

Management vs. Administration

Both involve goal achievement, but management focuses on the "how" while administration details the "what".

Management objectives

Management aims to achieve economic, social, humanistic goals.

Management's Social Responsibility

Management should consider societal well-being beyond economic gains.

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Management as a Science vs. Art

Management is both scientific (using principles) and artistic (applying creativity).

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Management Levels

Management involves different levels (top, middle, lower) with varying responsibilities.

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