ABM 304 24251

Who is the father of scientific management theory?

• A) Henri Fayol

• B) Max Weber

• C) Frederick Winslow Taylor

• D) Elton Mayo

Known as strategic managers

• Top level

• Low level

• Middle level

Management theory that focuses on satisfying customers preferences.

• Scientific Management

• Organizational Theory

• General Administrative

• Total Quality

What is the primary focus of strategic planning?

• a) Short-term goals

• b) Long-term goals

• c) Daily operations

• d) Employee training

Which of the following is NOT a function of management?

• a) Planning

• b) Organizing

• c) Selling

• d) Controlling

What is the role of business in the environment?

• a) To operate independently

• b) To adapt and respond to environmental changes

• c) To ignore environmental factors

• d) To focus solely on profit

What is the primary purpose of controlling in management?

• a) To set goals

• b) To monitor performance and adjust

• c) To recruit employees

• d) To develop marketing strategies

A vision statement is typically more focused on the present operations of an organization than its future aspirations.

• True

• False

The environment has no effect on a firm's operations.

• True

• False

A mission statement outlines the long-term goals of an organization.

• True

• False