Nature and Significance of Management Quiz-2

Which is not a function of management of the following:

• planning

• staffing

• cooperating

• controlling

Answer explanation

Cooperating is not a function of management. The other functions include planning, staffing, and controlling.

Policy formulation is the function of

• Top level Managers

• Middle level Managers

• Operational Management

• None of the above

Answer explanation

Policy formulation is the function of top-level managers. They are responsible for developing and implementing strategic policies and plans.

The following is not an objective of Management

• Growth of the organisation

• Providing Employment

• earning profit

• policy making

Answer explanation

Providing Employment is not an objective of Management as it focuses on growth, profit, and policy making.

Which one of the following is not a characteristics of management

• Management is a goal-oriented process

• Management is multidimensional

• Management is profit oriented

• Management is intangible

Answer explanation

Management is profit oriented is not a characteristic of management. Management is a goal-oriented process, multidimensional, and intangible.

Foremen and supervisors fall in the category of

• Top level management

• Operational Management

• Middle Level Management

• None of the above

Answer explanation

Foremen and supervisors fall under Operational Management, which is responsible for overseeing day-to-day operations and ensuring tasks are completed efficiently.

which of the following function of management is concerned with finding the right people for the right job

• planning

• organising

• staffing

• controlling

Answer explanation

Staffing is the function of management that focuses on finding the right people for the right job.

‘The activities involved in managing an enterprise are common to all organisations whether economic, social or political’. Which characteristic of management is highlighted in the given statement.

• management is goal oriented process

• management is all pervasive

• management is multidimensional

• management is group activity

Answer explanation

The given statement highlights the characteristic that management is all pervasive.

Deeksha is working in ‘Telco Ltd.’ A company manufacturing toys. She found that the profits had started declining for the last six months.Profit has an implication for the survival of the firm. So She analysed the business environment to find out the reasons for this decline.From the following alternatives, identify the level of management at which Deeksha is working.

• Lower level Management

• Middle level Management

• Top Level Management

• None of the above

Answer explanation

Deeksha is analyzing the business environment to find reasons for declining profits, indicating she is working at the Top Level Management.

‘Management has to adapt itself to the changing environment’. Identify from the following alternatives, the characteristic of management discussed in the given statement.

• Management is a group activity

• Management is a dynamic function

• Management is goal oriented

• Management is multidimensional

Answer explanation

Management has to adapt itself to the changing environment. This highlights the characteristic that management is a dynamic function.

Anil is a Managing director in a toy manufacturing company. He decided to set up a new manufacturing unit of his company in a rural area of Bihar where job opportunities are very less. He believes in using environmental friendly methods of production and aims at giving employment opportunities to the disadvantaged section of the community. As a manager he aims at reducing costs and increasing productivity through better planning, organizing, directing staffing and controlling the activities of the organization. Anil considers human resource as the greatest asset of any organization. Getting work done through others is a major task of a manager as per the views of Anil. As a manager Anil believes that his task is to make workers work towards achieving the organizations’ goals. On the basis of the above paragraph answer the following questions. Identify the level of management at which Anil is working.

• Top level management

• Middle level management

• Lower level management

• Supervisory level management

Answer explanation

Anil is a managing director, which indicates that he is working at the top level of management in the company. This level of management is responsible for setting goals and making strategic decisions.