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WorksheetsManagement Concepts
Total questions: 25
Worksheet time: 14mins
Strategic planning is....
Long term planning
Short term planning
General planning
Seasonal planning
Which is the FIRST step in the strategic Management process?
Monitoring and evaluating strategies
Developing the vision and mission
Strategy formulation
Goals and Objectives
What does the "S" stand for in PESTLE?
Support
Short term
Social
Subsidiary
When developing strategy for organization, which questions should we ask first?
How we will get there on a daily to weekly basis?
How are our departmental operational plans?
What are our short-term goals and operational objectives? How do we break down a larger strategic goal into workable tasks?
Where do we compete? What unique value do we bring to market? Which resources do we have or need? How do we sustain our value?
The internal business environment consists of...
factors that directly impact the organisation
factors that influence the operations of the business
factors that influence the wider environment in which the business operates
Which of the following SWOT elements are external factors for a business?
Strengths and Weaknesses
Strengths and Opportunities
Opportunities and Threats
Weaknesses and Threats
The fundamental purpose for the existence of any organization is described by its
policies
mission
procedures
strategy
The fundamental purpose of an organization’s mission statement is to
create a good human relations climate in the organization
define the operational structure of the organization
define the organization’s purpose in society
generate good public relations for the organization
The various organizational routines and processes that determine how efficiently and effectively the organization transforms its inputs into outputs are called:
strengths
core competencies.
capabilities.
customer value.
Which of the following is NOT a function of management?
Control
Finance
Organize
Plan
What occurs in the planning function of management?
Comparing what was planned with the actual performance
Coordinating all those involved to achieve the company of departmental goals
Deciding what needs to be done and how it will be accomplished
Delegating duties to other employees in the company
Includes manpower planning, recruitment, selection and placement training to supply the manpower of the company and keeping the positions filled.
Organizing
Controlling
Planning
Staffing
it involves specialization of the workforce by dividing a small part of work. It promotes mastery among the workers.
Division of work
Discipline
Order
Initiative
Organisation interest supersede employees interest is indicated in
Principle of subordination of individual interest to general interest
Principle of Esprit de corps
Principle of initiative
Principle of discipline
Principle of Responsibility and authority insists on
Responsibility> Authority
Authority> Responsibility
Authority= Responsibility
All of the above
Unity of command insists on
One boss one employee
Orders from a single superior
Match between orders of different bosses
All of the above
Principle of initiative:
Boost up the morale of employees
Brings down the morale of employees
Does not effect on morale of employees
None of these
Management is:
Tangible
Intangible
Both
None of these
Which principle of management leads to specialisation?
Division of work
Unity of command
Unity of direction
Scalar chain
Success of Dabbawala who carry tiffin to offices of Mumbai is example of which aspect of Management ?
Co-ordination
Directing
Planning
Staffing
