Managing the Business - POST-TEST

Front

Which of the following is a key aspect of strategic management? Random goal setting, Effective goal setting, Ignoring goals, Avoiding management

Back

Effective goal setting

Front

What are the four basic functions that constitute the management process?

Back

Planning, Organizing, Leading, Controlling

Front

Identify the different types of managers likely to be found in an organization by level and area.

Back

Top-level, Middle-level, First-level

Front

The basic roles and skills required of managers include ______. A) Technical, Human, Conceptual B) Financial, Technical, Human C) Conceptual, Financial, Administrative D) Human, Administrative, Technical

Back

Technical, Human, Conceptual

Front

Explain the importance of strategic management and effective goal setting in organizational success.

Back

It helps in resource allocation and achieving objectives.

Front

What is the focus of contingency planning and crisis management in today's business world?

Back

Risk management

Front

What is the primary responsibility of a manager?

Back

To be part of the management process

Front

Management is the process of ________, organizing, leading, and controlling an organization's resources to achieve its goals.

Back

planning

Front

What is the management process of determining what an organization needs to do and how best to get it done?

Back

Planning

Front

The management process of determining how best to arrange an organization’s resources and activities into a coherent structure is known as ________.

Back

Organizing