Management functions

What are the primary functions of management?

• • Planning, organising, leading, and controlling

• • Human, financial, and material assets

• • All of the above

What is the main objective of managerial activities?

• • Maximising profits

• • Attaining specific goals and objectives

• • Coordinating individual efforts

• • Controlling various resources

Which assets are considered resources within an organisation?

• • Human and financial

• • Financial and material

• • Human and material

• • All of the above

What processes are integral to the effective management of an organisation?

• • Decision-making, prioritisation, and synchronisation

• • Planning, organising, leading, and controlling

• • Maximising profits and controlling resources

What does the process of planning in management involve?

• • Executing tasks without any strategy

• • Defining goals, setting objectives, and outlining strategies

• • Ignoring the current situation and focusing only on the future

• • Exclusively predicting future trends

Sarah has recently been promoted to a team leadership position in her company. She is eager to make a positive impact and ensure her team's success. In this new role, what is the primary responsibility of Sarah in terms of leading (or directing)?

• • Reviewing every task in detail

• • Providing guidance and motivation to individuals or teams

• • Disregarding the efforts of subordinates

• • Setting unrealistic objectives

John is a manager responsible for a project that was meticulously planned. However, during the execution phase, he notices some deviations from the initial plan. What should John primarily focus on to ensure the project stays on track?

• • Ignore the deviations and continue as planned

• • Implement more rigid rules for the team

• • Monitor and evaluate ongoing activities, identifying deviations

• • Immediately abandon the established plans and set new goals

What are the two primary dimensions assessed in the Blake and Mouton Managerial Grid?

• • Time and resources

• • Concern for people and concern for production

• • Authority and responsibility

• • Innovation and tradition

In which leadership style of the Managerial Grid does a manager show high concern for people but low concern for production?

• • Authoritative

• • Team Management

• • Country Club Management

• • Impoverished Management

What is the characteristic of the Team Management style in the Managerial Grid?

• • Low concern for people and low concern for production

• • High concern for production and low concern for people

• • Balance between high concern for people and high concern for production

• • Complete indifference towards both people and production