Principles of Management & Entrepreneurship
PRINCIPLES OF MANAGEMENT & ENTREPRENEURSHIP |
COMPLETE EXAM 2026/2027 | QUESTIONS AND 100%
VERIFIED ANSWERS | PASS GUARANTEE
GB 370 GENTRY
1. What does the acronym POLC stand for in management theory?
A. Positioning, Organizing, Leading, Cooperating
B. Planning, Operating, Leading, Communicating
C. Planning, Organizing, Leading, Controlling
D. Producing, Operating, Leading, Coordinating
ANSWER : C. Planning, Organizing, Leading, Controlling
2. Management is best defined as:
A. The act of supervising employees directly at all times
B. The process of maximizing shareholder profit only
C. The process of getting things done through and with people
D. A set of financial controls placed on a department
ANSWER : C. The process of getting things done through and with
people
3. Which management function involves setting objectives and
determining the best course of action to achieve them?
A. Planning
B. Leading
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, Principles of Management & Entrepreneurship
C. Controlling
D. Organizing
ANSWER : A. Planning
4. Organizing, as a management function, primarily involves:
A. Motivating employees toward goal achievement
B. Arranging resources and tasks to accomplish goals
C. Establishing a vision for the organization's future
D. Monitoring performance against a standard
ANSWER : B. Arranging resources and tasks to accomplish goals
5. Which management function is most closely associated with
motivating and directing employees?
A. Controlling
B. Planning
C. Organizing
D. Leading
ANSWER : D. Leading
6. The controlling function of management is primarily concerned with:
A. Grouping jobs into departments
B. Selecting and training new employees
C. Deciding the mission and long-term goals of the firm
D. Comparing actual performance to planned standards and taking
corrective action
ANSWER : D. Comparing actual performance to planned standards
and taking corrective action
7. A manager who spends most of the day resolving conflicts between
two employees is primarily performing which Mintzberg managerial
role?
A. Monitor
B. Figurehead
C. Disturbance handler
D. Liaison
ANSWER : C. Disturbance handler
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, Principles of Management & Entrepreneurship
8. Which of Mintzberg's managerial roles involves representing the
organization at ceremonial and symbolic events?
A. Figurehead
B. Negotiator
C. Disseminator
D. Entrepreneur
ANSWER : A. Figurehead
9. Top managers, compared to first-line managers, spend relatively
more time on:
A. Conducting routine performance reviews
B. Scheduling shift assignments
C. Direct daily supervision of non-managerial employees
D. Long-range strategic planning
ANSWER : D. Long-range strategic planning
10. Which management skill becomes increasingly important as a
manager rises to higher organizational levels?
A. Clerical skill
B. Conceptual skill
C. Manual dexterity
D. Technical skill
ANSWER : B. Conceptual skill
11. Technical skill refers to a manager's ability to:
A. Apply specialized knowledge or expertise to a task
B. Delegate authority effectively
C. Work well with and motivate other people
D. See the organization as a unified whole
ANSWER : A. Apply specialized knowledge or expertise to a task
12. Human skill in management refers to the ability to:
A. Design efficient production systems
B. Work effectively and cooperatively with other people
C. Perform accounting and finance calculations
D. Understand abstract, complex situations
ANSWER : B. Work effectively and cooperatively with other people
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, Principles of Management & Entrepreneurship
13. First-line managers are best described as those who:
A. Set the overall mission of the organization
B. Oversee other managers across multiple divisions
C. Serve only on the board of directors
D. Directly supervise non-managerial employees
ANSWER : D. Directly supervise non-managerial employees
14. The efficiency of a manager refers to:
A. Setting appropriate long-term objectives
B. Doing the right things to reach organizational goals
C. Getting the most output from the least amount of input
D. Ensuring employee satisfaction above all else
ANSWER : C. Getting the most output from the least amount of input
15. Effectiveness in management refers to:
A. Doing the right tasks that help achieve organizational goals
B. Reducing costs regardless of goal attainment
C. Maximizing the number of hours worked
D. Minimizing the resources used per unit of output
ANSWER : A. Doing the right tasks that help achieve organizational
goals
16. Which term describes the set of managerial functions of planning,
organizing, leading, and controlling used to achieve organizational
goals?
A. The strategic triangle
B. The organizational life cycle
C. The management process
D. The value chain
ANSWER : C. The management process
17. A middle manager's primary responsibility typically includes:
A. Performing entry-level operational tasks
B. Serving exclusively as a board member
C. Setting the company's overall long-term vision
D. Translating top management's goals into specific departmental plans
Page 4 of 45
PRINCIPLES OF MANAGEMENT & ENTREPRENEURSHIP |
COMPLETE EXAM 2026/2027 | QUESTIONS AND 100%
VERIFIED ANSWERS | PASS GUARANTEE
GB 370 GENTRY
1. What does the acronym POLC stand for in management theory?
A. Positioning, Organizing, Leading, Cooperating
B. Planning, Operating, Leading, Communicating
C. Planning, Organizing, Leading, Controlling
D. Producing, Operating, Leading, Coordinating
ANSWER : C. Planning, Organizing, Leading, Controlling
2. Management is best defined as:
A. The act of supervising employees directly at all times
B. The process of maximizing shareholder profit only
C. The process of getting things done through and with people
D. A set of financial controls placed on a department
ANSWER : C. The process of getting things done through and with
people
3. Which management function involves setting objectives and
determining the best course of action to achieve them?
A. Planning
B. Leading
Page 1 of 45
, Principles of Management & Entrepreneurship
C. Controlling
D. Organizing
ANSWER : A. Planning
4. Organizing, as a management function, primarily involves:
A. Motivating employees toward goal achievement
B. Arranging resources and tasks to accomplish goals
C. Establishing a vision for the organization's future
D. Monitoring performance against a standard
ANSWER : B. Arranging resources and tasks to accomplish goals
5. Which management function is most closely associated with
motivating and directing employees?
A. Controlling
B. Planning
C. Organizing
D. Leading
ANSWER : D. Leading
6. The controlling function of management is primarily concerned with:
A. Grouping jobs into departments
B. Selecting and training new employees
C. Deciding the mission and long-term goals of the firm
D. Comparing actual performance to planned standards and taking
corrective action
ANSWER : D. Comparing actual performance to planned standards
and taking corrective action
7. A manager who spends most of the day resolving conflicts between
two employees is primarily performing which Mintzberg managerial
role?
A. Monitor
B. Figurehead
C. Disturbance handler
D. Liaison
ANSWER : C. Disturbance handler
Page 2 of 45
, Principles of Management & Entrepreneurship
8. Which of Mintzberg's managerial roles involves representing the
organization at ceremonial and symbolic events?
A. Figurehead
B. Negotiator
C. Disseminator
D. Entrepreneur
ANSWER : A. Figurehead
9. Top managers, compared to first-line managers, spend relatively
more time on:
A. Conducting routine performance reviews
B. Scheduling shift assignments
C. Direct daily supervision of non-managerial employees
D. Long-range strategic planning
ANSWER : D. Long-range strategic planning
10. Which management skill becomes increasingly important as a
manager rises to higher organizational levels?
A. Clerical skill
B. Conceptual skill
C. Manual dexterity
D. Technical skill
ANSWER : B. Conceptual skill
11. Technical skill refers to a manager's ability to:
A. Apply specialized knowledge or expertise to a task
B. Delegate authority effectively
C. Work well with and motivate other people
D. See the organization as a unified whole
ANSWER : A. Apply specialized knowledge or expertise to a task
12. Human skill in management refers to the ability to:
A. Design efficient production systems
B. Work effectively and cooperatively with other people
C. Perform accounting and finance calculations
D. Understand abstract, complex situations
ANSWER : B. Work effectively and cooperatively with other people
Page 3 of 45
, Principles of Management & Entrepreneurship
13. First-line managers are best described as those who:
A. Set the overall mission of the organization
B. Oversee other managers across multiple divisions
C. Serve only on the board of directors
D. Directly supervise non-managerial employees
ANSWER : D. Directly supervise non-managerial employees
14. The efficiency of a manager refers to:
A. Setting appropriate long-term objectives
B. Doing the right things to reach organizational goals
C. Getting the most output from the least amount of input
D. Ensuring employee satisfaction above all else
ANSWER : C. Getting the most output from the least amount of input
15. Effectiveness in management refers to:
A. Doing the right tasks that help achieve organizational goals
B. Reducing costs regardless of goal attainment
C. Maximizing the number of hours worked
D. Minimizing the resources used per unit of output
ANSWER : A. Doing the right tasks that help achieve organizational
goals
16. Which term describes the set of managerial functions of planning,
organizing, leading, and controlling used to achieve organizational
goals?
A. The strategic triangle
B. The organizational life cycle
C. The management process
D. The value chain
ANSWER : C. The management process
17. A middle manager's primary responsibility typically includes:
A. Performing entry-level operational tasks
B. Serving exclusively as a board member
C. Setting the company's overall long-term vision
D. Translating top management's goals into specific departmental plans
Page 4 of 45
