28 Questions
What is the primary goal of an organization?
To achieve customer satisfaction
Which of the following is NOT a function of business organization?
Political lobbying
What is the nature of management in a business organization?
Fast-paced and dynamic
Which level of management is responsible for setting organizational goals and developing policies?
Top-level management
What is the scope of management in an organization?
Extends to planning, organizing, staffing, directing, and controlling
What characterizes the business environment in the 21st century?
Forcing quick and effective changes in organizations
Management is a process that involves which of the following?
Men, machines, materials, and money
Who defined management as 'the art of creating an environment in which people can perform as individuals and yet co-operate towards the attainment of group goals'?
Harold Koontz and Cyril O’Donnell
What is the distinct process that management consists of?
Planning, organizing, actuating, and controlling
How does the text define management?
The art of getting things done through and with people in formally organized groups
What are the basic factors involved in management?
Men, machines, materials, and money
Who defined management as 'that function of an enterprise which concerns itself with the direction and control of the various activities to attain the business objectives'?
William Spriegel
An organization is a place where people come together to achieve some specific goal.
True
All organizations, whether profit-making or non-profit-making, do not need to manage their business and direct the various efforts towards a definite purpose.
False
The globalization process has no impact on increasing competitiveness in the market.
False
The challenge of the 21st century is not to manage the business for customer’s satisfaction.
False
To visualize changes in the emerging economic environment, it is not important to appoint the right people in the organization.
False
Management is not a process that involves directing and controlling various activities to attain business objectives.
False
Management is a process where resources are put at its proper direction to achieve decided goal.
True
Management is a mechanism that constitutes basic functions for accomplishment of objectives.
True
Management is integrating function of organizing human resources, with physical resources for better performance and maximizing productivity with available economic resources.
True
Management is a group activity, where numbers of people come together and their efforts are directed towards a common objective.
True
Manager is a leader, who motivates people working with formal as well as informal communications, interprets the instructions and supervises and coordinates their work.
True
According to Harold Koontz and Cyril O’Donnell, management is the art of creating an environment in which people can perform as individuals and yet co-operate towards the attainment of group goals.
True
George R. Terry defined management as a distinct process consisting of planning, organizing, actuating, and controlling performance to determine and accomplish the objectives by the use of people and resources.
True
Dalton Macfarland defined management as the process by which managers cr.Existing questions.
False
William Spriegel defined management as that function of an enterprise which concerns itself with the direction and control of the various activities to attain the business objectives.
True
Management is primarily concerned with maximizing profits for the organization.
False
Test your understanding of the basic concepts of management, organization, types of industries, and business houses with this quiz. This quiz covers the nature, scope, and functions of business organizations.
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