Management Semester VI Course: AL61

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What is the primary purpose of the planning process in management?

To monitor and control performance
To allocate resources efficiently
To determine the organization's structure
To set objectives and achieve them (correct)

What is the primary focus of the Controlling function in management?

To motivate and lead employees
To develop and implement plans
To monitor and correct performance (correct)
To allocate resources efficiently

What is the primary characteristic of an informal organization?

It is a network of personal relationships (correct)
It is based on job descriptions
It is a temporary structure
It is created by management

What is the primary benefit of creating a business plan?

It provides a roadmap for entrepreneurial success (D) Signup and view all the answers

What is the primary difference between a sole proprietorship and a partnership?

The number of owners (B) Signup and view all the answers

What is the primary role of leadership in management?

To motivate and direct employees (A) Signup and view all the answers

What was Taylor's main concern about the management of industry?

Lack of order and system in management methods (C) Signup and view all the answers

What is the primary goal of Taylor's Scientific Management approach?

To improve worker-management relations through cooperation (A) Signup and view all the answers

What is the fourth element of Scientific Management according to Taylor?

Standardization of working conditions (C) Signup and view all the answers

What is the primary reason for Taylor's advocacy of thorough planning of jobs by management?

To increase worker productivity and efficiency (C) Signup and view all the answers

What is the essence of Taylor's Scientific Management approach?

Science, harmony, cooperation, and maximum output (D) Signup and view all the answers

What is the ultimate goal of Taylor's Scientific Management approach?

To develop each worker to their greatest efficiency and prosperity (A) Signup and view all the answers

What determines the direction of an employee's effort on their job?

Role perception (A) Signup and view all the answers

What is the purpose of a top-level action plan?

To specify actions needed to address organizational issues (A) Signup and view all the answers

What is job performance the net effect of?

Effort, abilities, and role perceptions (D) Signup and view all the answers

What is the outcome of a performance appraisal?

Establishment of a plan for improvement (B) Signup and view all the answers

What do performance appraisals often provide?

Predictive information for promotions (A) Signup and view all the answers

What is an important aspect of the MBO process?

All of the above (D) Signup and view all the answers

What is the primary objective of Management By Objectives (MBO)?

To achieve better alignment of objectives across the organization (C) Signup and view all the answers

What is the principle that ensures commitments made in a plan are fulfilled within a specified time frame?

Principle of Commitment (A) Signup and view all the answers

What is the term for the process of agreeing on objectives within an organization?

Management By Objectives (C) Signup and view all the answers

What is the name of the management guru who first outlined MBO in 1954?

Peter Drucker (C) Signup and view all the answers

What is the benefit of having a say in goal setting and action plans according to MBO theory?

Better participation and commitment among employees (A) Signup and view all the answers

What is the purpose of logical planning in relation to commitments?

To cover a period of time in the future necessary to foresee the fulfillment of commitments (A) Signup and view all the answers

What is the consequence of a narrow span of control?

More managers are needed, increasing overhead expenditure (B) Signup and view all the answers

What is the advantage of a flat organizational structure?

Low cost due to fewer managers (B) Signup and view all the answers

What is the consequence of a wide span of control?

Dilution of control may affect organizational productivity (A) Signup and view all the answers

What is the main reason for a manager's difficulty in controlling a large number of subordinates?

Difficulty in coordinating activities (B) Signup and view all the answers

What is the advantage of a narrow span of control?

Better communication and personal relationships (D) Signup and view all the answers

What is the consequence of a tall organizational structure?

An increasing gap between top managers and workers (D) Signup and view all the answers