Principles of Management Quiz

What is the first principle guiding Toyota's corporate activities?

• Create advanced technologies

• Foster individual creativity

• Honour the law of every nation

• Provide clean products

Which principle emphasizes respect for local culture and customs?

• Pursue growth with community

• Provide safe products

• Respect culture and customs

• Honour the law

What does the principle of providing clean and safe products aim to enhance?

• Corporate citizenship

• Economic growth

• Technological advancement

• Quality of life

Which principle focuses on creating advanced technologies to meet customer needs?

• Respect local customs

• Create advanced technologies

• Provide clean products

• Foster creativity

What is the main focus of fostering a corporate culture at Toyota?

• Increasing market share

• Reducing costs

• Maximizing profits

• Enhancing individual creativity

What does the principle of pursuing growth with the global community emphasize?

• Product diversification

• Market expansion

• Cost reduction

• Innovative management

Which principle involves working with business partners for mutual benefits?

• Work with partners

• Pursue growth

• Foster creativity

• Respect culture

What is the significance of principles of management according to the text?

• They are outdated

• They are rigid rules

• They provide guidelines for decision-making

• They are only applicable to large organizations

Who is associated with the concept of Scientific Management?

• Max Weber

• Fredrick Winslow Taylor

• Peter Drucker

• Henri Fayol

What does the term 'Scientific Management' imply?

• Management based on trial and error

• Management based on personal experience

• Management based on scientific methods

• Management based on intuition