BMS1: Functions of Management

The act of setting goals, developing strategies and tactics, and outlining tasks and timelines to meet those goals.

• Planning

• Controlling

• Organizing

• Leading

• Directing

The first step in the problem solving process is to

• conduct research

• identify the problem

• choose the best solution

• analyze several solutions

This is sometimes considered the fifth function of management and it entails putting the right people in the right job.

• Planning

• Staffing

• Organizing

• Leading

The most widely used planning tool is the:

• Schedules

• Budgets

• Policies and Procedures

• Research

Planning provides all of the following benefits except

• Encouraging managers to be more specific and objective in their decisions

• Help the managers to determine whether the business is making progress.

• Ensuring a business will be successful and profitable.

• Set a clear directions for the company to follow.

A SWOT analysis of an organization focuses on:

• communication issues.

• control issues.

• internal and external factors.

• internal factors only.

Day-to-day short term planning

• operational planning

• organizational planning

• hiring and training employees

• None of these answers are correct

Which of the following is NOT a characteristic of an effective goal?

• Goals must be specific & measurable

• Goals must be attainable & relevant

• Goals must be time-bound

• Goals must be numerous

Which of the following is NOT a characteristic of an effective goal?

• Goals must be specific & measurable

• Goals must be attainable & relevant

• Goals must be time-bound

• Goals must be numerous

Which of the following is not one of the main functions of management?

• Planning

• Controlling

• Organizing

• Preparing