(Latestl 2025/l 2026l Update)l Principlesl ofl
Managementl |l Questionsl &l Answers|l
Gradel A|l 100%l Correctl (Verifiedl
Solutions)
Q:l Processl checklistsl andl projectl auditsl arel componentsl ofl whichl managementl
process?
Answer:
Qualityl Assurance
Q:l Al companyl isl tryingl tol systematicallyl improvel processesl byl eliminatingl
nonconformityl ofl theirl productsl tol productl specifications.l Thel companyl believesl theirl
continuousl effortl tol reducel variationl inl theirl processl outputsl isl keyl tol theirl businessl
success.l Whichl qualityl processl isl thel companyl utilizing?
Answer:
Sixl Sigma
Q:l Whichl conceptl entailsl alll aspectsl ofl interactionl al companyl hasl withl itsl customersl
inl bothl salesl andl service-relatedl environments?
Answer:
Customerl relationshipl management
,Q:l Dr.l Ohmael indicatesl thatl customer,l corporation,l andl competitorsl shouldl bel
integratedl inl al strategicl trianglel .Whatl doesl Dr.l Ohmael indicatel thatl anl organizationl
canl obtainl byl doingl this?
Answer:
Sustainedl competitivel advantage
Q:l Whatl designatesl thosel whol takel hands-onl responsibilityl forl creatingl innovationl
suchl asl newl ideas,l products,l orl methodsl withinl anl organization?
Answer:
Intrapreneur
Q:l Whyl isl innovationl anl importantl elementl ofl entrepreneurship?
Answer:
Createsl uniquel andl differentl productsl orl services
Q:l Mostl successfull entrepreneursl exhibitl certainl characteristics.l Somel entrepreneursl arel
open-minded,l ablel tol learnl quickly,l andl skilledl atl conceptualizing.l Whichl entrepreneuriall
personalityl traitl isl this?
Answer:
Creativity,l self-reliance,l andl abilityl tol adapt
Q:l Whichl personalityl characteristicsl arel believedl tol contributel tol anl entrepreneur'sl
success?
,Answer:
Determination
Q:l Whyl wouldl anl entrepreneuriall businessl choosel tol usel itsl ownl resourcesl versusl
seekingl outsidel resourcesl inl financingl al businessl venture?
Answer:
Tol maintainl control
Q:l Whichl activityl shouldl managementl usel tol encouragel intrapreneurshipl withinl anl
organization?
Answer:
Encouragel employeesl tol workl onl informall jobl assignments
Q:l Whichl typel ofl controll systeml isl beingl implementedl whenl managementl usesl prices,l
profitl centers,l andl exchangel relationshipsl asl al control?
Answer:
Marketl control
Q:l Whatl isl thel fourthl stepl ofl thel controll processl whichl ensuresl thatl operationsl arel
adjustedl tol achievel plannedl results?
Answer:
Takingl correctivel action
, Q:l Al corporationl recentlyl disbandedl itsl flexl timel schedulel forl employeesl andl nowl
requiresl thatl alll employeesl workl 9:00l a.m.l tol 6:00l p.m.l Mondayl throughl Friday.l Thel
employeesl bandedl togetherl inl oppositionl ofl thel change.l Whatl werel thel employeesl ofl
thel corporationl experiencing?
Answer:
Peerl pressure
Q:l Thel managerl ofl thel humanl resourcesl departmentl atl al corporationl agreedl tol
authorizel one-hourl lunchl breaksl forl alll employeesl ofl thel organizationl asl longl asl thel
productionl managerl agreedl tol shortenl thel morningl andl afternoonl breaksl ofl alll
employeesl tol 15l minutes.l Whichl approachl werel thel managersl usingl tol enlistl
cooperationl forl thel change?
Answer:
Negotiationl andl reward
Q:l Al corporationl offersl concretel incentivesl suchl asl higherl wagesl forl cooperationl withl
change.l Whichl strategyl isl thel corporationl usingl tol overcomel resistancel tol change?
Answer:
Negotiationl andl reward
Q:l Whyl isl considerationl ofl intentionsl importantl inl conflictl situations?
Answer:
Peoplel respondl basedl onl theirl interpretationl ofl others'l intentions.
Q:l Whatl describesl dimensionsl ofl conflict-handlingl intentions?