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Functions of Management - Planning&Organizing

Total questions: 41

Worksheet time: 53mins

Name
Class
Date
1.
Developing a weekly employee work schedule
a)
Planning
b)
Organizing / Staffing
c)
Leading
d)
Controlling
2.
Reviewing 10 employee applications for cashier vacancy
a)
Planning
b)
Organizing / Staffing
c)
Leading
d)
Controlling
3.
Creating a training manual for new employees
a)
Planning
b)
Organizing / Staffing
c)
Leading
d)
Controlling
4.
4th quarter sales will increase by 10% due to our new sales campaign
a)
Planning
b)
Organizing / Staffing
c)
Leading
d)
Controlling
5.
Creating a company mission statement
a)
Planning
b)
Organizing / Staffing
c)
Leading
d)
Controlling
6.
Assigning aisles and stocking protocols to stockers in the grocery department
a)
Planning
b)
Organizing / Staffing
c)
Leading
d)
Controlling
7.
Creating a list of responsibilities for the assistant manager for closing down the restaurant at night
a)
Planning
b)
Organizing / Staffing
c)
Leading
d)
Controlling
8.
We will cut employee injuries by 50% with our new safety protocol training
a)
Planning
b)
Organizing / Staffing
c)
Leading
d)
Controlling
9.
What term refers to people that are responsible for running a business?
a)
Stockholders
b)
Officers
c)
Management
10.
How many functions of management do most managers carry out?
a)
Two
b)
Three
c)
Four
d)
One
11.
How would you classify a manager that's in charge of a department?
a)
Top-Level Manager
b)
Operational Manager
c)
Middle Manager
d)
Low-Level Manager
12.
Which function of management involves creating goals, objectives, and ways to achieve them?
a)
Organizing
b)
Planning
c)
Controlling
d)
Leading
13.
Ordering Materials is part of which managerial function?
a)
Planning
b)
Organizing
c)
Leading
d)
Controlling
14.
Allocating Staff to Tasks is part of which managerial function?
a)
Planning
b)
Organizing
c)
Leading
d)
Controlling
15.
Devising Strategies is part of which managerial function?
a)
Planning
b)
Organizing
c)
Leading
d)
Controlling
16.
Formulating Vision Statements is part of which managerial function?
a)
Planning
b)
Organizing
c)
Leading
d)
Controlling
17.
Establishing Objectives is part of which managerial function?
a)
Planning
b)
Organizing
c)
Leading
d)
Controlling
18.
Allocating Resources for Tasks is part of which managerial function?
a)
Planning
b)
Organizing
c)
Leading
d)
Controlling
19.

_____ defines how job tasks are formally divided, grouped, and coordinated.

a)

Organizational structure

b)

work speacialization

c)

Departmentalization

d)

Organizational behavior

20.

The basis by which jobs are grouped together is termed _____.

a)

bureaucracy

b)

specialization

c)

centralization

d)

departmentalization

21.

The unbroken line of authority that extends from the top of the organization to the lowest echelon and clarifies who reports to whom is termed _____.

a)

a. chain of command

b)

b. authority

c)

c. span of control.

d)

d. unity of command

22.

In an organization that has high centralization, _____.

a)

the corporate headquarters is located centrally to branch offices

b)

all top level officials are located within the same geographic area

c)

action can be taken more quickly to solve problems

d)

top managers make all the decisions and lower level managers merely carry out directions

23.

The primary characteristics of the _____ structure are that it breaks down departmental barriers and decentralizes decision making to the level of the work team.

a)

a. virtual

l

b)

b. team

c)

c. boundaryless

d)

d. organizational

24.

26. The more that lower-level personnel provide input or are actually given the discretion to make decisions, the more _____ there is within an organization.

a)

centralization

b)

disempowerment

c)

work specialization

d)

decentralization

25.

A __________ organization structure combines the elements of functional and product-based departmentalization.

a)

Divisional

b)

Simple

c)

Matrix

d)

Learning

26.
What is the most common form of business ownership?
a)
Corporation
b)
Company
c)
Sole Proprietorship
d)
LLC
27.
What is a form of business ownership in which 2 or more people jointly owns a business
a)
Sole Proprietorship
b)
Company
c)
Partnerships
28.
What is the name of a person who owns part of a corporation?
a)
Stakeholder
b)
Shareholder
c)
Trust Agent
d)
Chairman
29.
Only liable for up to the amount invested into the company, and has little to no voice in management.
a)
General Partner
b)
Proprietor
c)
Limited Partner
d)
Corporation
30.
What type of corporation combines the benefits of a partnership and a corporation?
a)
Limited Liability Company
b)
Trust
c)
Company
31.
This type of business is subject to many more laws and are more difficult to form.
a)
Proprietorship
b)
Partnership
c)
Corporation
d)
Franchise
32.
The major policy and financial decision makers of a corporation are determined by the...
a)
CEO/GM/President
b)
Chairman of the Board
c)
Shareholders
d)
Board of Directors
33.
This type of business is a contractual agreement with a parent company to sell its products/services in an area.
a)
Sole Proprietorship
b)
Partnership
c)
Corporation
d)
Franchise
34.
Advantages of this business type are that the owner is their own boss and gets to keep all the profits.
a)
Partnership
b)
Sole Proprietorship
c)
Corporation
d)
Franchise
35.
If you take all the risks, but also receive all the benefits- what business type is this?
a)
Partnership
b)
Proprietorship
c)
Corporation
36.
If you buy stock in a company and share the profits with many people- what type of business type is this?
a)
Proprietorship
b)
Partnership
c)
Corporation
37.

A portion of a company’s earnings that is paid to shareholders, or people that own that company’s stock, on a quarterly or annual basis

a)

Dividend

b)

Interest

c)

Compound Interest

d)

Capital gain

38.
Which of the following is an advantage of the corporation as a form of business ownership:
a)
Less complex requirements
b)
Separate owners and managers
c)
Limited liability
d)
High Taxes
39.
How is a corporation different from a sole proprietorship?
a)
Corporations are owned by only one person.
b)
Corporations can sell stock to raise money for the business.
c)
Sole proprietorship's require a legal charter for the business
d)
Sole proprietorship's are global businesses.
40.
Disadvantages of this type of business include: company is taxed on profits, regulated by the government, and hard to start.
a)
Sole Proprietorship
b)
Partnership
c)
Corporation
d)
Franchise
41.

Disadvantages of this type of business include: parent company is strict, you are limited in what you sell, and you must operate like every other franchise.

a)

Sole Proprietorship

b)

Partnership

c)

Corporation

d)

Franchise

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