Unit 4 - Planning and Controlling Quiz
Unit 4 - Planning and Controlling Quiz
Test your knowledge on the essential fun
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
1) One of the four primary functions of management is:
A) controlling
B) marketing
C) financing
D) designing
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
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