Management Quiz

The primary purpose of management is to maximize profit at all costs.

• True

• False

The four functions of management are Planning, Organizing, Leading, and Analysing.

• True

• False

Effective is doing things right, while being efficient is using the minimum resources to achieve the aimed goal.

• True

• False

Technical skills are most crucial for top-level managers.

• True

• False

One of Mintzberg’s managerial roles is the 'mediator' role.

• True

• False

Frederick Taylor's scientific management focuses primarily on the human relations aspect of an organization.

• True

• False

The Classical Perspective primarily focuses on understanding human emotions and group dynamics in an organization.

• True

• False

Henri Fayol proposed 14 principles of management.

• True

• False

In a learning organization, employees are actively discouraged from experimenting with new ideas.

• True

• False

The general environment of an organization encompasses the specific organizations and groups that affect its ability to secure resources.

• True

• False