WorksheetsFINAL EXAM - FIN241
Total questions: 45
Worksheet time: 23mins
A process that refers to identifying and grouping of activities to be performed, defining, and delegating authority, specifying responsibility and establishing relationships to enable people to work together effectively in accomplishing objectives.
Organizing
Staffing
Hiring
Directing
A process that deals with setting up standards and taking corrective action whenever the performance deviates from the stated standards.
Organizing
Staffing
Controlling
Directing
Is the function of management in which the managers guide, instruct, and administer the performance of the employees to attain the predetermined objectives.
Organizing
Staffing
Hiring
Directing
A method of giving fiscal or non-fiscal aid to employees, which includes payments such as performance bonuses, profit sharing, recognition, and rewards.
Organizing
Staffing
Salary
Compensation
Deals with manning the organization structure by selecting efficient individuals and training them to perform the assigned tasks in the best possible way.
Organizing
Staffing
Orientation
Directing
The general layout of this program usually consists of company's mission & vision, department goals, code of conduct, and rules & regulations.
Training
Staffing
Orientation
Directing
A stage in staffing wherein the employees will learn some knowledge and skills on how to do their jobs effectively.
Training
Staffing
Orientation
Directing
Is the process of searching the candidates for employment and stimulating them to apply for jobs in the organization.
Recruitment
Staffing
Orientation
Directing
A legal right that managers have in order to use it in making orders and supervise employees.
Authority
Responsibility
Recruitment
Organizing
Employees must follow their supervisors who made the orders and are required to do what they need to do.
Authority
Responsibility
Recruitment
Organizing
Principle of Authority:
The authority of a manager over his immediate subordinates which subordinates are required to implement the orders and decisions made by the manager.
Line Authority
Functional Authority
Staff Authority
Principle of Authority:
That person is allowed to make orders or decisions to employees from different departments because of his specialization not as a direct manager.
Line Authority
Functional Authority
Staff Authority
Principle of Authority:
Persons who have this authority provide only the needed advice and recommendations to the top management of the organization, not to make orders to subordinates.
Line Authority
Functional Authority
Staff Authority
All power and decision making process is on one person's hand in the organization.
Centralization
Decentralization
Delegation of Authority
The power and decision making would be distributed in more than one level, person, and department.
Centralization
Decentralization
Delegation of Authority
Transforming certain responsibilities to the specific subordinates and giving a necessary authority to do it.
Centralization
Decentralization
Delegation of Authority
It is simply a bureaucratic structure that takes a hierarchical formal structure. determining the authority and responsibility, showing the division of work, formal communications.
Formal Organization
Informal Organization
Delegation of Authority
This group of people is created to satisfy their own needs that cannot be satisfied by formal organization.
Formal Organization
Informal Organization
Delegation of Authority
Which of the following is not an internal recruitment
Promotion
Transfer
Walk-ins
Below are examples of external recruitment, except for one.
promotion
walk-ins
online application
referral
Which of the following is an example of on-the-job-training
apprenticeships
lectures
conferences
seminars
The following is an example of off-the-job training, except for one.
apprenticeships
lectures
conferences
seminars
A fix monthly payment given by employers to their employees.
Salary
Wages
Incentives
Allowances
A form of payment given by employers to their employees based on the number of hours worked.
Salary
Wages
Incentives
Allowances
Are extra compensation that companies give to their employees to attract retention.
Salary
Fringe Benefits
Incentives
Allowances
Are the rewards which a worker receives after he has achieved the assigned target properly.
Salary
Fringe Benefits
Incentives
Allowances
When an employee advances to a position that is classified at a higher salary grade, or in certain circumstances, an acknowledgment of significant greater responsibilities.
Salary
Promotions
Incentives
Allowances
Is a monetary benefit provided to an employee in addition to the normal salary. It typically seeks to meet a certain expenditure incurred on account of employment.
Salary
Fringe Benefits
Incentives
Allowances
Are focus on creating a vision, inspiring others, and adapting to change.
Leadership
Communication
Supervision
Motivation
Are more likely to manage a team based on preexisting organizational goals and guidelines.
Leaders
Communication
Supervisors
Motivation
The action or capability of understanding something.
Leaders
Communication
Comprehension
Motivation
That a person in an organization should only receive instruction and get directions from one superior.
Unit of Command
Communication
Appropriatness
Comprehension
Selecting the directing technique depends on various factors such as the degree of the complexity of the situation, knowledge of the subordinates, and so on.
Unit of Command
Communication
Appropriatness
Comprehension
When the superior issues orders to their subordinates without prior discussion with them.
Autocratic Technique
Consultative Technique
Free-rein Technique
Implies that the instructions are issued after consulting the subordinates.
Autocratic Technique
Consultative Technique
Free-rein Technique
Used when the subordinates are well-qualified and efficient.
Autocratic Technique
Consultative Technique
Free-rein Technique
The ability to change or be changed easily according to the situation.
Economical
Flexibility
Suitability
The managers tries to identify problems before the actual operation starts.
Feed-forward Control
Concurrent Control
Feedback Control
It is an attempt to control the tasks while they are being performed.
Feed-forward Control
Concurrent Control
Feedback Control
A review is conducted to identify if the anticipated results are accomplished or not.
Feed-forward Control
Concurrent Control
Feedback Control
This control is based on establishing a competitive approach in terms of price and market share.
Market Control
Bureaucratic Control
Clan Control
This approach focuses on power, policies, and procedures.
Market Control
Bureaucratic Control
Clan Control
It focuses on the organizational culture through shared goals, objectives, norms, policies, and procedures, and exercises appropriate control.
Market Control
Bureaucratic Control
Clan Control
The day-to-day control process at the lowermost level of the organization which also includes financial and quality control.
Operational Control
Structural Control
Tactical Control
Where a structure and hierarchy with every individual is accored a role and responsibility, and progress in tasks is monitored for each individual.
Operational Control
Structural Control
Tactical Control
