True or False: Management is about combining the factors of production in a manner that will ensure success for the business.

• True

• False

True or False: Managers are responsible for making various decisions including:

• hiring employees

• controlling the finances

• ensuring customers are happy

• deciding what to sell and how to advertise it

The management task that involves defining the goals and strategies.

• Planning

• Leading

• Organising

• Controlling

The management task that helps and guides employees to achieve their goals.

• Planning

• Leading

• Organising

• Controlling

The management task that involves monitoring performance.

• Planning

• Leading

• Organising

• Controlling

In addition to the four basic management tasks, there are --- additional tasks.

• 2

• 4

• 6

• 8

The management task where the leader gives authority and responsibility to subordinates.

• Coordination

• Communication

• Delegation

• Discipline

This level of management makes strategic decisions.

• Top

• Middle

• Lower

• None of these options

This level of management makes tactical decisions

• Top

• Middle

• Lower

This level of management makes operational decisions that influence the day to day operations.

• Top

• Middle

• Lower