Principles of Corporate Mgmt 1

What is the main purpose of planning in management?

• To waste time

• To create chaos

• To confuse employees

• To achieve specific goals

What is the difference between programmed and unprogrammed decisions?

• Programmed decisions are routine, unprogrammed decisions are non-routine

• Programmed decisions are high risk, unprogrammed decisions are low risk

• Programmed decisions are made by top managers, unprogrammed decisions are made by middle managers

• Programmed decisions are made quickly, unprogrammed decisions take a long time

What is the role of a supervisor in an organization?

• To create conflicts among team members

• To supervise and coordinate activities of subordinates

• To avoid responsibility

• To do all the work themselves

What is the main principle of organization according to Lyndall Urwicks?

• Principle of Authority

• Principle of Specialization

• Principle of Responsibility

• Principle of Balance

What is the difference between line authority and staff authority?

• Line authority is based on expertise, staff authority is based on hierarchy

• Line authority is limited, staff authority is unlimited

• Line authority is direct supervisory authority, staff authority is advisory authority

• Line authority is given to staff members, staff authority is given to line managers

What is the main purpose of delegation in an organization?

• To create conflicts among team members

• To increase managerial control

• To empower employees and distribute workload

• To avoid work responsibilities

Which leadership style involves making decisions without consulting team members?

• Democratic leadership

• Charismatic leadership

• Bureaucratic leadership

• Laissez-faire leadership

What is the key characteristic of a transformational leader?

• Rigid adherence to procedures

• Empowering employees to participate in decision-making

• Leaving team members to work independently

• Using fear and threats to influence others

What is the primary function of controls in an organization?

• To maintain the status quo

• To limit employee communication

• To increase operational costs

• To adapt to environmental changes

Which type of communication network links an organization with external stakeholders such as customers and suppliers?

• Internal communication

• Informal communication

• External communication

• International communication