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June 2019 - Exam paper questions with answers

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Man101 - Business Management I June 2019 - Examination questions paper with answers

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Southern business school
Man101 – business management 1
May 2019 examination paper
Questions with answers
Question 1


1.1 The financial function of an organisation is concerned with:
C – flow of funds
1.2 The relationship between the line management and the human
resource department in the organisation could be described as:
B – strategic partnership
1.3 Marketing is defined as:
B - management decisions to achieve objectives set by the business,
consumers and society
1.4 In purchasing and supply, the term quality links with:
B - all purchasing and supply activities
1.5 Financial planning and control is done by means of:
A - budgets
1.6 Authority means:
A - the right to give orders
1.7 Coordination means:
A - dividing tasks
1.8 Staff development can be done by means of:
B - on-the-job training
1.9 A team is:
B - a small number of people working on a project/task to achieve a
goal
1.10 The control process includes:
A - establishing standards

, Question 2
True / False questions
2.1 A plan is a blueprint for goal achievement.
True
2.2 Tactical goals are long-term goals.
False
2.3 Strategic management is classified as a contemporary approach to
management.
True
2.4 The scientific school of thought is classified as a classical approach to
management.
True
2.5 The contingency approach to management is one of the classical
management approaches.
False
Question 3
3.1 Define what management is.
Management is a process of activities that are carried out to enable a
business to accomplish its goals by employing human, financial and
physical resources for that purposes.
Management is defined as the process followed by managers to
accomplish a business’s goals and objectives.
3.2 Describe the 4 functions of management.
1. Planning – Management decides what should be done.
2. Organising – Management decides how it should be done.
3. Leading – Management says how and when it should be done.
4. Control – Management ascertains whether the tasks have been carried
out.

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