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Management Concepts Quiz

Authored by Aldrin Balite

Financial Education

11th Grade

Used 2+ times

Management Concepts Quiz
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20 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following best defines management?

Supervising employees without clear goals

Coordinating and overseeing work performance to achieve goals efficiently and effectively

Focusing only on financial resources and budgeting

Monitoring workers without planning

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

According to Weihrich & Koontz (2005), management is primarily about:

Controlling financial resources only

Designing and maintaining an environment for achieving selected aims

Assigning authority without responsibility

Limiting the use of technology in organizations

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is not one of the traditional functions of management?

Planning

Organizing

Staffing

Marketing

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which function of management involves setting goals, strategic actions, and coordination?

Organizing

Leading

Planning

Controlling

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The “3M’s” of management refer to:

Money, Machines, Men/Women

Methods, Materials, Motivation

Money, Marketing, Management

Men/Women, Mentoring, Measurement

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which management function focuses on motivating, influencing, and guiding individuals?

Planning

Leading

Staffing

Controlling

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Efficiency in management is best described as:

Doing the right things in the right way

Maximum output with minimum input

Focusing only on financial savings

Delegating tasks without follow-up

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