Management Concepts Quiz LO 1

Who said "Management is the function of executive leadership anywhere".

• Ralph C. Devis

• Mary Parker Follet

• F.W. Taylor

• Joseph L. Massie

Universal, goal oriented, multidimensional, continuous process are some characteristics of-

• Management.

• Organization

• Administration

• All above.

Optimum utilization of resources can be ensured by-

• Controlling.

• Inventory Control.

• Management

• Planning.

Motivating the people and building the team spirit to improve the life standard of worker is possible due to-

• Leadership

• Management

• Administration

• Organization

-------------is the art of getting work done through people.

Management is a creative and……………..process.

The difference between administration and management is that-

• Management is largely determinative while management is essentially executive

• Administration is largely determinative while management is essentially executive

• Management is performed at higher level of management while administration is performed at lower level.

• Administration is a part of management.

A tool manufacturing firm wants to improve its performance from good to best. Suggest the steps they should follow-

• 1. optimum utilisation of resources and reduce wastage 2. Building team spirit to achieve goal.

• 1. Changing the management. 2. Employing expert and skilled employees.

• 1. Adopting latest technology. 2. Using suitable manufacturing techniques.

• 1. Increasing the wages of employees 2. Increases profit margin

Which of the following is a key function of management in an organization?

• Sales

• Marketing

• Planning

• Research

Effective communication in management is essential for-

• Building team cohesion

• Increasing profits

• Enhancing product quality

• Reducing costs