Business Management Quiz

Write the correct spelling of the jumbled word TYOPOTNIPRU

• Optioning

• Originating

• Opportunity

• None of the above

What does P stand for in POLC?

• Plan

• Permission

• Playing

• None of the above

The term control means

Subordinate organisational member who is responsible for planning, organizing, leading controlling the activities of the organisation so that its goals are achieved.

• True

• False

Efficiency refers to ability to choose appropriate objectives and doing the things right.

• True

• False

There are two levels of management lower and upper manager.

• True

• False

• No idea

• None of the above

Douglas McGregor was the first to recognize that successful managers had to understand the basic managerial functions.

• True

• False

• No idea

• None of the above

The researcher below felt that managers needed to coordinate and harmonize group effort rather than force or coerce people and developed the 14 principles of coordination to promote effective work groups.

• Mary Parker Follet

• Peter Drucker

• Max Weber

• None of these

Systems perspective characterized by its use of mathematics, statistics, and other quantitative techniques for managerial decision making and problem solving.

• True

• No idea

• False

• None of the above

What is a social enterprise concerned with?

• Profit maximization

• Credibility

• Market share maximization

• Running a business to create social benefits

• Providing public service