Worksheetsrevision chapters 1-2-3-4
Total questions: 20
Worksheet time: 20mins
All of the following are advantages of delegation except
it will create conflict
The manager will have more time to focus on critical issues
Subordinates become more confident
Subordinates will develop more skills
A person who has direct authority over subordinates
staff manager
expert manager
line manager
construction manager
which of the following is not a type of organizational structure
Organization by function
organization by product
organization by area
organization by time
_________ is the number of subordinates managed by a manager
Chain of command
level of hierarchy
delegation
span of control
which structure has a long chain of command and a narrow span of control
Tall
wide
narrow
short
Which department is responsible for stock control
Marketing department
Finance department
Purchasing department
HR Department
Which department is responsible for pricing a product
Marketing department
Sales Department
Finance department
Administration Department
When the business is controlled only by the top highest level of management, this is called
Decentralization
Delegation
Centralization
Relegation
When lower management have more decision making power this is called
Centralization
Decentralization
Delegation
Relegation
_________ is a form of specialization that takes place within a firm
Division of labor
Delegation
Job specification
non are correct
A main feature of specialization is
correspondence
interdependence
relegation
delegation
another term for the word 'goods'
Tangible products
units
Intangible products
services
The most important factor of production is
Land
Labor
Capital
Enterprise
The way business allocate resources are based on all the following except
What to produce?
Where to produce?
How to produce?
For Whom to produce?
--------- are essentials for survival, while ------------ are luxuries .
Needs, wants
Goods, Services
Jacket, Oxygen
Food, Water
What is the reward for Capital
Rent
Profit
Interest
Wages
What is the reward for Land
Rent
Profit
Interest
Wages
What is the reward for Labor
Rent
Profit
Interest
Wages
All of the following are advantages of Planned Economy, Except
Resources are allocated efficiently
There is a job almost for every one
All needs are met
Wide variety of choices
Which of the following is the meaning of delegation
The process of breaking down
The process of passing down authority
The process of recommending someone
The process of eliminating someone
