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WorksheetsPrinciples of management 2
Total questions: 20
Worksheet time: 11mins
Name
Class
Date
1.
a collections of person working together with the-same objectives
a)
organization
b)
firm
c)
forms
2.
a group of individuals who are cooperating willingly and effectively with a common goal
a)
organization
b)
forms
c)
business
3.
is the simplest business form under which one can operate a business.
a)
single proprietorship
b)
partnership
c)
corporation
4.
Its simply refers to a person who owns the business and is personally responsible for its debts.
a)
Single proprietorship
b)
partnership
c)
corporation
5.
It is an arrangement in which two or more individuals share the profits and liabilities of a business venture.
a)
Partnership
b)
Proprietorship
c)
corporation
6.
involving mutual assistance in working toward a common goal.
a)
cooperative
b)
corporation
c)
partnership
7.
A group of people authorized to act as a single entity (legally a person) and recognized as such in law.
a)
corporation
b)
cooperative
c)
partnership
8.
division of activities into defined functions and responsibilities
a)
organizational structure
b)
management
c)
systems
9.
It is the administration of an organization, whether it be a business, a not-for-profit organization, or government body.
a)
management
b)
resources
c)
team
10.
the process of dealing with or controlling things or people.
a)
management
b)
people
c)
leader
11.
consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives
a)
management
b)
business
c)
organization
12.
Formal decision making authority is held by a few people, usually at the top
a)
centralization
b)
decentralization
c)
organization
13.
Decision making authority is
dispersed throughout the organization
dispersed throughout the organization
a)
decentralization
b)
centralization
c)
organization
14.
The degree to which organizations standardize behavior through rules, procedures, formal training, and related mechanisms.
a)
formalization
b)
centralization
c)
decentralization
15.
Formalization increases as firms get older, larger, and more regulated
a)
true
b)
false
16.
Specifies how employees and their activities are grouped together
a)
departmentalization
b)
decentralization
c)
centralization
17.
Three functions of departmentalization 1.Establishes chain of command
2.Creates common mental models, measures of performance, etc
3.Encourages coordination through informal communication
2.Creates common mental models, measures of performance, etc
3.Encourages coordination through informal communication
a)
1
b)
2
c)
3
d)
all of the above
18.
Organizes employees around outputs,
clients, or geographic areas
clients, or geographic areas
a)
divisional structure
b)
decentralization
c)
modernization
19.
Technology refers to mechanisms or processes by which an organization turns out its product or service
a)
True
b)
false
20.
Division of labor and patterns of coordination, communication, workflow, and formal power that direct organizational activities.
a)
True
b)
False
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