PRINCIPLES OF MANAGEMENT-50
QUESTIONS & VERIFIED ANSWERS
LATEST VERSION
The management function that focuses on the FUTURE? - Correct Answer ✔✔
PLANNING
The management function that deals with the structuring of Authority Relationships? -
Correct Answer ✔✔ ORGANIZING
The management function that has to do with finding people to fill the positions in the
organization? - Correct Answer ✔✔ STAFFING
The management function that makes sure things go as planned? - Correct Answer ✔✔
CONTROLLING
An example of Middle Management - Correct Answer ✔✔ PLANT MANAGER
Categories of Managerial Roles discussed by Mintzberg: - Correct Answer ✔✔
Interpersonal, Informational, Decisional
Names associated with Scientific Management: - Correct Answer ✔✔ Taylor & Gilbreth
Name associated with Classical Management Theory: - Correct Answer ✔✔ Henri Fayol
NO 1 best way of managing which applies to all situations-approach needs to be
tailored to the situation? - Correct Answer ✔✔ CONTINGENCY
Various parts of an organization affect one another and that the organization is affected
by external environment: - Correct Answer ✔✔ SYSTEMS APPROACH
The environment of organizations include? - Correct Answer ✔✔ Governments, Laws,
Customers (and more)
The ethical dimension of business decisions requires that the decision maker consider
what 3 things? - Correct Answer ✔✔ What is Feasible, Profitable and Socially
Acceptable
4 examples of International Business Activity: - Correct Answer ✔✔ Direct Investment,
Portfolio Investment, Joint Venture and Multi National Firm
QUESTIONS & VERIFIED ANSWERS
LATEST VERSION
The management function that focuses on the FUTURE? - Correct Answer ✔✔
PLANNING
The management function that deals with the structuring of Authority Relationships? -
Correct Answer ✔✔ ORGANIZING
The management function that has to do with finding people to fill the positions in the
organization? - Correct Answer ✔✔ STAFFING
The management function that makes sure things go as planned? - Correct Answer ✔✔
CONTROLLING
An example of Middle Management - Correct Answer ✔✔ PLANT MANAGER
Categories of Managerial Roles discussed by Mintzberg: - Correct Answer ✔✔
Interpersonal, Informational, Decisional
Names associated with Scientific Management: - Correct Answer ✔✔ Taylor & Gilbreth
Name associated with Classical Management Theory: - Correct Answer ✔✔ Henri Fayol
NO 1 best way of managing which applies to all situations-approach needs to be
tailored to the situation? - Correct Answer ✔✔ CONTINGENCY
Various parts of an organization affect one another and that the organization is affected
by external environment: - Correct Answer ✔✔ SYSTEMS APPROACH
The environment of organizations include? - Correct Answer ✔✔ Governments, Laws,
Customers (and more)
The ethical dimension of business decisions requires that the decision maker consider
what 3 things? - Correct Answer ✔✔ What is Feasible, Profitable and Socially
Acceptable
4 examples of International Business Activity: - Correct Answer ✔✔ Direct Investment,
Portfolio Investment, Joint Venture and Multi National Firm
