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FINAL EXAM - FIN241

Total questions: 45

Worksheet time: 23mins

Name
Class
Date
1.

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.

a)

Organizing

b)

Staffing

c)

Hiring

d)

Directing

2.

A process that deals with setting up standards and taking corrective action whenever the performance deviates from the stated standards.

a)

Organizing

b)

Staffing

c)

Controlling

d)

Directing

3.

Is the function of management in which the managers guide, instruct, and administer the performance of the employees to attain the predetermined objectives.

a)

Organizing

b)

Staffing

c)

Hiring

d)

Directing

4.

A method of giving fiscal or non-fiscal aid to employees, which includes payments such as performance bonuses, profit sharing, recognition, and rewards.

a)

Organizing

b)

Staffing

c)

Salary

d)

Compensation

5.

Deals with manning the organization structure by selecting efficient individuals and training them to perform the assigned tasks in the best possible way.

a)

Organizing

b)

Staffing

c)

Orientation

d)

Directing

6.

The general layout of this program usually consists of company's mission & vision, department goals, code of conduct, and rules & regulations.

a)

Training

b)

Staffing

c)

Orientation

d)

Directing

7.

A stage in staffing wherein the employees will learn some knowledge and skills on how to do their jobs effectively.

a)

Training

b)

Staffing

c)

Orientation

d)

Directing

8.

Is the process of searching the candidates for employment and stimulating them to apply for jobs in the organization.

a)

Recruitment

b)

Staffing

c)

Orientation

d)

Directing

9.

A legal right that managers have in order to use it in making orders and supervise employees.

a)

Authority

b)

Responsibility

c)

Recruitment

d)

Organizing

10.

Employees must follow their supervisors who made the orders and are required to do what they need to do.

a)

Authority

b)

Responsibility

c)

Recruitment

d)

Organizing

11.

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.

a)

Line Authority

b)

Functional Authority

c)

Staff Authority

12.

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.

a)

Line Authority

b)

Functional Authority

c)

Staff Authority

13.

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.

a)

Line Authority

b)

Functional Authority

c)

Staff Authority

14.

All power and decision making process is on one person's hand in the organization.

a)

Centralization

b)

Decentralization

c)

Delegation of Authority

15.

The power and decision making would be distributed in more than one level, person, and department.

a)

Centralization

b)

Decentralization

c)

Delegation of Authority

16.

Transforming certain responsibilities to the specific subordinates and giving a necessary authority to do it.

a)

Centralization

b)

Decentralization

c)

Delegation of Authority

17.

It is simply a bureaucratic structure that takes a hierarchical formal structure. determining the authority and responsibility, showing the division of work, formal communications.

a)

Formal Organization

b)

Informal Organization

c)

Delegation of Authority

18.

This group of people is created to satisfy their own needs that cannot be satisfied by formal organization.

a)

Formal Organization

b)

Informal Organization

c)

Delegation of Authority

19.

Which of the following is not an internal recruitment

a)

Promotion

b)

Transfer

c)

Walk-ins

20.

Below are examples of external recruitment, except for one.

a)

promotion

b)

walk-ins

c)

online application

d)

referral

21.

Which of the following is an example of on-the-job-training

a)

apprenticeships

b)

lectures

c)

conferences

d)

seminars

22.

The following is an example of off-the-job training, except for one.

a)

apprenticeships

b)

lectures

c)

conferences

d)

seminars

23.

A fix monthly payment given by employers to their employees.

a)

Salary

b)

Wages

c)

Incentives

d)

Allowances

24.

A form of payment given by employers to their employees based on the number of hours worked.

a)

Salary

b)

Wages

c)

Incentives

d)

Allowances

25.

Are extra compensation that companies give to their employees to attract retention.

a)

Salary

b)

Fringe Benefits

c)

Incentives

d)

Allowances

26.

Are the rewards which a worker receives after he has achieved the assigned target properly.

a)

Salary

b)

Fringe Benefits

c)

Incentives

d)

Allowances

27.

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.

a)

Salary

b)

Promotions

c)

Incentives

d)

Allowances

28.

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.

a)

Salary

b)

Fringe Benefits

c)

Incentives

d)

Allowances

29.

Are focus on creating a vision, inspiring others, and adapting to change.

a)

Leadership

b)

Communication

c)

Supervision

d)

Motivation

30.

Are more likely to manage a team based on preexisting organizational goals and guidelines.

a)

Leaders

b)

Communication

c)

Supervisors

d)

Motivation

31.

The action or capability of understanding something.

a)

Leaders

b)

Communication

c)

Comprehension

d)

Motivation

32.

That a person in an organization should only receive instruction and get directions from one superior.

a)

Unit of Command

b)

Communication

c)

Appropriatness

d)

Comprehension

33.

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.

a)

Unit of Command

b)

Communication

c)

Appropriatness

d)

Comprehension

34.

When the superior issues orders to their subordinates without prior discussion with them.

a)

Autocratic Technique

b)

Consultative Technique

c)

Free-rein Technique

35.

Implies that the instructions are issued after consulting the subordinates.

a)

Autocratic Technique

b)

Consultative Technique

c)

Free-rein Technique

36.

Used when the subordinates are well-qualified and efficient.

a)

Autocratic Technique

b)

Consultative Technique

c)

Free-rein Technique

37.

The ability to change or be changed easily according to the situation.

a)

Economical

b)

Flexibility

c)

Suitability

38.

The managers tries to identify problems before the actual operation starts.

a)

Feed-forward Control

b)

Concurrent Control

c)

Feedback Control

39.

It is an attempt to control the tasks while they are being performed.

a)

Feed-forward Control

b)

Concurrent Control

c)

Feedback Control

40.

A review is conducted to identify if the anticipated results are accomplished or not.

a)

Feed-forward Control

b)

Concurrent Control

c)

Feedback Control

41.

This control is based on establishing a competitive approach in terms of price and market share.

a)

Market Control

b)

Bureaucratic Control

c)

Clan Control

42.

This approach focuses on power, policies, and procedures.

a)

Market Control

b)

Bureaucratic Control

c)

Clan Control

43.

It focuses on the organizational culture through shared goals, objectives, norms, policies, and procedures, and exercises appropriate control.

a)

Market Control

b)

Bureaucratic Control

c)

Clan Control

44.

The day-to-day control process at the lowermost level of the organization which also includes financial and quality control.

a)

Operational Control

b)

Structural Control

c)

Tactical Control

45.

Where a structure and hierarchy with every individual is accored a role and responsibility, and progress in tasks is monitored for each individual.

a)

Operational Control

b)

Structural Control

c)

Tactical Control