Management Functions Quiz

What is identified as the most fundamental role of management according to the learning objective?

• Organizing

• Planning

• Leading

• Controlling

What does the planning process include?

• The selection of objectives, programs, or projects, and the policies and procedures needed to accomplish them

• The assessment of past projects only

• The recruitment of new team members

• The purchase of new equipment

Why is it important to review plans over time?

• Because plans never change

• To increase the budget for projects

• As conditions and circumstances change

• To reduce the number of projects

What is the goal of the business and purpose of their existence called?

• Mission

• Strategy

• Vision

• Tactic

What is a set of tasks that fulfills a purpose or duty; an assignment set by an employer known as?

• Vision

• Mission

• Strategy

• Goal

What term is used for what a business plans to achieve within an agreed timeline?

• Tactic

• Strategy

• Mission

• Goal

What is the plan of action on how to achieve the goal referred to as?

• Mission

• Tactic

• Strategy

• Vision

What does the 'S' in SMART goals stand for?

• Simple

• Specific

• Strong

• Sustainable

According to the guidelines of goal setting, goals should be:

• Vague and flexible

• Specific and unmeasurable

• Challenging but achievable

• Easy and not time-bound

What does the 'M' in SMART goals stand for?

• Manageable

• Measurable

• Mandatory

• Motivational