Principles of Management: What is Management
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Questions and Answers

What differentiates management from administration?

  • Method of communication and level of control
  • Level of authority and focus on policy formulation (correct)
  • Type of resources managed and level of accountability
  • Area of operation and role in decision making

What is the main process involved in management?

  • Hiring, training, supervising, and evaluating
  • Planning, leading, organizing, and controlling (correct)
  • Designing, manufacturing, testing, and delivering
  • Selling, marketing, advertising, and promoting

Why is management considered a profession?

  • Because it requires special skills and is backed by knowledge and training (correct)
  • Because it focuses on routine tasks and does not require any specific skills
  • Because it is solely based on intuition and guesswork
  • Because it involves manual labor and does not require any formal education

Which activity falls under the 'leading' process of management?

<p>Motivating and directing people (D)</p> Signup and view all the answers

What is the primary role of administration in an organization?

<p>Policy formulation and top-level decision making (C)</p> Signup and view all the answers

What differentiates management from administration in terms of decision making?

<p>Management is concerned with policy implementation while administration is concerned with policy formulation (A)</p> Signup and view all the answers

Which of the following best describes the focus of management?

<p>Making best possible allocation of limited resources (A)</p> Signup and view all the answers

Who is responsible for making strategic plans and policies for the enterprise?

<p>Top level management (C)</p> Signup and view all the answers

What is the primary role of middle level management?

<p>Interpreting and explaining policies from top level management (D)</p> Signup and view all the answers

Who represents the owners who get a return on the capital invested by them?

<p>Top level management (B)</p> Signup and view all the answers

What is the key function of administration?

<p>Putting plans and policies into actions (A)</p> Signup and view all the answers

What is the primary focus of administration?

<p>Formulation of plans and setting objectives (C)</p> Signup and view all the answers

Who is responsible for managing goals and policies for an enterprise?

<p>Top level management (D)</p> Signup and view all the answers

Match the following functions with their corresponding processes in management:

<p>Planning and Decision Making = Determining Courses of Action Organizing = Coordinating Activities and Resources Leading = Managing, Motivating and Directing People Controlling = Monitoring and Evaluating activities</p> Signup and view all the answers

Match the following characteristics with their corresponding concepts in management:

<p>Authority (Management) = Middle and Lower Level Authority (Administration) = Top level Role (Management) = Executive Role (Administration) = Decision Making</p> Signup and view all the answers

Match the following areas of operation with their corresponding terms in management and administration:

<p>Area of operation (Management) = It works under administration Area of operation (Administration) = It has full control over the activities of the organization</p> Signup and view all the answers

Match the following with their respective levels of management:

<p>Top management = Responsible for laying down the objectives and broad policies of the enterprise Middle management = Responsible for executing the plans of the organization in accordance with the policies and directives of the top management</p> Signup and view all the answers

Match the following with their primary focus:

<p>Management = Represents employees who work for remuneration (salary) Administration = Represents owners who get a return on the capital invested by them</p> Signup and view all the answers

Match the following with their key functions:

<p>Management = Devotes more time on planning and coordinating functions Administration = Devotes more time to organizational and directional functions</p> Signup and view all the answers

Match the following with their roles in an organization:

<p>Top management = Appoints executives for middle level i.e. departmental managers, controls &amp; coordinates activities of all departments Middle management = Interprets and explains policies from top level management to lower level, evaluates performance</p> Signup and view all the answers

Match the following with their representation in organizations:

<p>Management = Function is executive and governing Administration = Function is legislative and determinative</p> Signup and view all the answers

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