Management Basics for Kids

What is planning?

• Planning is the act of waiting for things to happen.

• Planning is a spontaneous decision-making process.

• Planning is the process of setting objectives and determining actions to achieve them.

• Planning is only about making a budget.

Is every function of management based on planning? (True/False)

• No, functions of management can exist independently of planning.

• Yes, but only for certain types of management functions.

• True

• No, planning is just one aspect of management.

Does specialization in activities increase efficiency? (True/False)

• True

• No, it decreases productivity

• Yes, but only in some cases

• It has no impact on efficiency

Is a skilled workforce an asset to an organization? (True/False)

• False

• True

• Maybe

• Yes

Does coordination motivate employees? (True/False)

• False

• True

• Yes

• Maybe

Are standards set for every performance in controlling? (True/False)

• Yes, standards are set for every performance.

• All performances have specific standards established.

• False

• Standards are only set for some performances.

What is the structure of an organization called?

• Corporate hierarchy

• Business framework

• Organizational structure

• Organizational design

Which is the odd one out: Selecting, Training, Coordinating, Placing?

• Evaluating

• Coordinating

• Assessing

• Recruiting

What do the functions of a manager start with?

• Leading

• Controlling

• Planning

• Organizing

What is directing?

• Directing is the act of hiring new employees.

• Directing refers to the physical layout of an organization.

• Directing is the management function of leading and coordinating the activities of an organization.

• Directing is the process of analyzing financial statements.