Introduction to Management Quiz

Which of the following best defines management?

• Planning only

• Getting things done through people

• Supervising work

• Leading without planning

Management is considered a science because it:

• Involves creativity

• Uses fixed formulas

• Applies systematic and evidence-based principles

• Has no flexibility

Which of the following is NOT a function of management?

• Planning

• Organizing

• Experimenting

• Controlling

Why is management also considered an art?

• It only involves painting and drawing

• It requires personal skills, creativity, and intuition

• It is based on physics principles

• It is learned through lab experiments

Which of the following is NOT a characteristic of management?

• Goal-oriented

• Intangible

• Static

• Group activity

Which of the following is a key characteristic of an entrepreneur?

• Avoids risk

• Follows orders

• Takes initiative and bears risk

• Works only under supervision

A manager is primarily responsible for:

• Investing capital

• Taking high risk

• Planning, organizing, and controlling resources

• Creating a business idea

Entrepreneurs are typically more focused on:

• Status quo

• Innovation and opportunity recognition

• Employee retention

• Government policies

One key difference between a manager and entrepreneur is:

• Managers create jobs; entrepreneurs seek jobs

• Entrepreneurs aim for innovation, managers for efficiency

• Managers avoid planning

• Entrepreneurs only lead non-profit firms

Which of these is NOT usually expected from a manager?

• Planning resources

• Coordinating staff

• Innovating new products

• Monitoring performance