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Unit 4 - Planning and Controlling Quiz

Test your knowledge on the essential functions of management with our engaging quiz! Dive into topics like planning, controlling, and corporate culture while assessing your skills on key concepts.

Whether you're a student, teacher, or just someone interested in management principles, this quiz offers:

12 carefully crafted questions
Immediate feedback on answers
An engaging and informative experience

12 Questions3 MinutesCreated by PlanningGuide325

2) The management function concerned with setting performance indicators and determining the best strategies to achieve an organization's objectives is known as:

A) directing

B) leadership

C) planning

D) forecasting

3) A planning strategy used largely by businesses that have to make expensive long term decisions in uncertain situations

A) Participatory Planning

B) Scenario Planning

C) Benchmarking

D) Contingency Planning

4) A type of plan that sets the specific activities that are needed to implement strategic plans.

A) Budget

B) Operational Plan

C) Strategic Plan

D) Matrix

5) A type of internal analysis of organizational strengths and weaknesses as well as an analysis of the external opportunities and threats.

A) SWOT Analysis

B) PEST Analysis

C) Porter’s Five Forces

D) Strategic Planning

6) A type of corporate culture that consists the values and beliefs that shape and guide people’s behaviour.

A) Core culture

B) Observable culture

C) Visible culture

D) Expressed culture

7) Which of the following are NOT one of the external forces that bring change in an organization?

A) developments in information technology;

B) increased market competition;

C) economic conditions,

D) evolution of the organizational culture

8) What is the process of measuring performance and taking the necessary action to make sure standards and objectives are met.

A) Planning

B) Leading

C) Organizing

D) Controlling

9) A type of control system that focus on the control of inputs, I.e., human, material, and financial resources that flow into the organization, to ensure that they meet the necessary standards.

A) Concurrent Controls

B) Feedback Controls

C) Feedforward Controls

D) Cultural Controls

10) Which is NOT one of the following five steps in the Management by Objectives Process:

A) Set or review organizational objectives

B) Cascade objectives down to employees

C) Encourage participation in goal setting

D) Higher level employees should take responsibility for the goals

11) Benchmarking involves comparing the performance of the business against an industry standard or best practice

True

False

12) Feedback Controls monitor employees’ work to ensure consistency with performance standards, rules, and regulations

True

False

Unit 4 - Planning and Controlling Quiz

Unit 4 - Planning and Controlling Quiz

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