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WorksheetsMOCK FINAL EXAM MGT1143 PART 2
Total questions: 20
Worksheet time: 15mins
Followings are the definitions of management, EXCEPT
The process of planning, organizing, leading and controlling an organization’s financial, physical, human and information resources to achieve the organization’s goal.
The process by which companies create value for customers and build strong customer relationships in order to capture value from customers in return.
The process of consolidating and managing resources effectively and efficiently in an effort to achieve the goals of the organization.
The art of getting things done through people.
Which of the followings are the functions of managers?
I Managers assist in the process of planning, organizing, influencing and controlling the organization.
II Managers are the generator that moves the organization towards achieving its goals.
III Managers assist in the process of management with the aim to increase productivity and profit of an organization.
IV Managers are the connector between employees and the various management levels in an organization.
A. I, II and III
A. II, III and IV
A. I, II and IV
A. I, III and IV
The position of a marketing manager in the hierarchy of management of a large organization is in ……
the top-level management.
the middle-level management.
operational-level management.
none of the above.
Which of the following position is not considered the top-level manager in an organization?
President
Chief Accountant
Chief Executive Officer
Chief Operating Officer
A financial manager primarily performs which of the following task?
Selling and marketing.
Ordering merchandise.
Preparing minutes of meeting.
Planning the accounting functions and financial resources.
Harraz is well-known for his skills in using the advanced programming software of the architecture field. In fact, it was his specialized knowledge that led to his promotion as manager. Which management skill is Harraz demonstrating?
Conceptual skills.
Technical skills.
Human relation skills.
Time management skills.
Which of the following describes about conceptual skills?
Ability to think in the abstract, diagnose and analyse different situations, and see beyond the present situation.
Skills in defining problems and selecting the best courses of action.
Ability to communicate, motivate and lead, which a manager needs throughout his work.
Skills that needed to perform specialized tasks
The term ‘marketing’ best refers to ……
new product concepts and improvements.
advertising and promotion activities.
a philosophy that stresses customer value and satisfaction.
planning sales campaigns.
Which of the following describes ‘marketing mix’?
A series of business decisions that promotes in selling a product.
A composite analysis of all internal and external environment factors.
The relationship between a firm’s marketing strengths and its weakness.
A mixture or blend of product, price, place and promotional strategies that are designed to create understanding and satisfy exchanges with a target market.
Distributing pamphlets and catalogues to individuals and other organizations is most closely associated with the marketing mix activity of ……
pricing.
distribution.
promotion.
product development.
Followings are the responsibilities of a financial manager:
I Plan for future financial needs.
II Planning and controlling the acquisition.
III Dispersal of a firm’s financial resources.
IV Determine types and extent of the financial environment.
I and III
I, II, and III
I, III, and IV
I, II, III, and IV
The statements below are describing about budgeting, except ……
It is a legal instrument in the promise to pay and it is used by commercial banks and business firms.
A numerical plan for allocating resources to specific activities.
A quantitative statement which covers a specific period and is usually expressed in financial term.
Enable superior to review performance by referring back to the set budget at the end of period.
Plan of income and expenses from the beginning of business until it becomes profitable, is called a(n) ……
start-up budget.
operating budget.
cash budget.
budgetary control.
Which of the followings are not the inputs for the production process?
Men and materials.
Machines and information.
Machines and capital.
Materials and maintenance.
“The manufacturing organization should produce the products in right number. If they are produced in excess of demand, the capital will block up in the form of inventory; and if the product is produced in short of demand, it will lead to shortage of products”. This statement refers to which objective of the production management?
Right quality.
Right quantity.
Right time.
Right manufacturing cost.
Followings are the main objectives of ‘quality control’, except ……
To reduce company’s cost through reduction of losses due to defects.
To improve the company’s income by making the production more acceptable to the customers.
To ensure customers’ satisfaction with productions or services at high-quality level, and build good reputation of manufacturer.
To cut down costs through simplification, standardization, value analysis, import substitution, and others.
A written statement of what a jobholder does, how it is done and why it is done, is known as ……
job analysis.
job satisfaction.
job description.
job specification.
Below are some selection device options, except ……
written test.
employee referral.
physical examination.
background investigation.
Which of the following is not the objective of an orientation program?
Facilitate the outsider-insider transition
Familiarize new employees with the job, work unit and organization.
Increase the anxiety of new employees.
Clarify specific duties and responsibilities.
Tiara is going to be a flight attendant. Before start working, she undergoes a training method that involves learning tasks on the same equipment that is actually used on the job but in a simulated environment. This refers to a ………
job rotation.
classroom lecture.
job description.
vestibule training.
