QUIZ 2 in HRMA 001 PRINCIPLES OF ORGANIZATION AND MANAGEMENT

Which of the following is NOT an important human relations skill needed by leaders and managers?

• a.      high level of education

• b.      communication

• c.       self-understanding

Which among the following is a source of job satisfaction?

• a.      assignments employees do not like

• b.      recognition from supervisors for a job well done

• c.       ineffective communication

The ____________ management function involves identifying & arranging the work and resources needed to achieve the goals that have been set.

• a.      organizing

• b.      controlling

• c.       planning

The management function that determines to what extent the business is accomplishing the goals is set out to reach in the planning stage is?

• a.      organizing

• b.      planning

• c.       controlling

Which of the following statements does not pertain to middle-level management?

• a.      They are responsible for all the activities of the operational supervisors

• b.      They are responsible for the welfare and survival of the organization

• c.       They are the interpreter of the policies made by the top-level management

It is an artificial being created by the operation of law, having right of succession and the powers, attributes and properties expressly authorized by law or incident to its existence is called_________.

• a.      Cooperative

• b.      Corporation

• c.       Partnership

The following are disadvantages of sole proprietorship, EXCEPT?

• a.      Limited source of capital

• b.      Business entity's unlimited existence

• c.       Proprietor's unlimited liability

A document which includes the name, objectives, powers, and registered address of a corporation is called ______.

• a.      Constitution of Corporation

• b.      By-laws of corporation

• c.       Articles of Incorporation

“Limited liability” means:

• a.      That an investor cannot lose his or her investment.

• b.      That an investor cannot lose more than his or her investment.

• c.       That an investor can lose his or her investment and may be responsible for a designated percentage or amount in excess of his or her investment

Which of the following requires owners to be generalist managers with many diverse skills?

• a.      sole proprietorship

• b.      partnership

• c.       corporation