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OAM ANSWER KEY

Defining goals and setting objectives is part of the organizing function of


management.

The correct answer is: False

Organizing is important because it All of the given choices

Neoclassical approach focuses on workers. True

Authority is the process by which a manager assigns a portion of his total work
load to others. False

One of the basic types of departmentalization presented included: Functional

A corporation is a separate legal entity distinct from its owners.

The correct answer is: True

TRUE OR FALSE: Planning guarantees organizational success. TRUE

A programmed decision is: A repetitive decision that can be handled by a routine


approach.

Which of the following is not considered as an internal strength of firms that


succeed in cost leadership

The correct answer is: Access to leading scientific research

It is NOT easy to enter an industry if there is:

The correct answer is: All of the given option

Which of the following is considered as a Social Factor?

The correct answer is: Career attitudes

Non programmed decisions are most likely to be made by:

Middle management

It is the core of planning. Decision making


Benchmarking is one source of alternative solutions that is coming into wider
use. True

Mintzberg classified the activities for monitoring, disseminating and being a


spokesperson as part of a manager's ____ role.

The correct answer is: Informational

The first step in decision making is generating and assessing alternatives. False

The final phase of the decision-making process is: Evaluating decision


effectiveness.

This refers to quantitative planning to decide how to allocate money to


accomplish company goals.

The correct answer is: Budgets

It is choosing a goal and developing a method of strategy to achieve that goal.

The correct answer is: Planning

The corporation is the only legal form of business ownership.

The correct answer is: True

A comprehensive managerial system that integrates many key managerial


activities in a systematic manner and consciously directed toward the effective
and efficient achievement of organizational and individual objectives.

The correct answer is: Management by objectives

Distinguishes a managerial position from a non-managerial one.


The correct answer is: Coordinating and integrating others' work

Mintzberg identifies twelve managerial roles grouped into three classes:


Interpersonal, inter-organizational, and decisional.
The correct answer is: The statement contains two errors.

Supervisory management spends most of his/her time:


The correct answer is: Directing and controlling
Strategic planning is done by:
The correct answer is: Top managers

Which of the following is not included in our definition of management?


The correct answer is: Balancing efficiency against effectiveness

The five needs expressed in Maslow's hierarchy are:

Physiological, safety, social, esteem and self-actualization

Behavioral Science Approach is an extension of the ______.

Human Relations Approach

When call center managers spend much of their time monitoring customer calls
and giving employees feedback about how to improve their dialogue with
customers in the future, these managers are using __________ skills.
The correct answer is: Technical

Modern managers are:


The correct answer is: All of the given options.

A successful person in which of the following positions may be promoted to a


management position?
The correct answer is: All of the options may lead to successful management
positions

Which statement is wrong?


The correct answer is: Disseminator role is under Interpersonal managerial roles

They manage the activities of other managers.


The correct answer is: Middle managers

In the twenty-first century the four functions of management are:


The correct answer is: planning, organizing, controlling, and leading employees

Which is Characteristic for Organization?


The correct answer is: All of the given options

Individuals in organizations who direct the activities of others.


The correct answer is: Managers
_____ in businesses and organizations is the function that coordinates the efforts
of people to accomplish goals and objectives using available resources efficiently
and effectively:
The correct answer is: Management

Which of the following best describes Maslow's hierarchy of needs?


The correct answer is: It is a highly flawed model, although it does recognize that
people are motivated differently.

____ bridges the gap from where we are to where we want to go.

The correct answer is: Planning

It is a system that operates in continual interaction with its environment.

The correct answer is: Open System

It combines tech with business to get people the information they need to do their
jobs better/faster/smarter.
The correct answer is: Management Information System

The application of scientific principles to management is called:


The correct answer is: Scientific management

It is concerned with managing the process that converts inputs into outputs.
The correct answer is: Operations management

The offering of employee health insurance addresses which of Maslow's needs?


The correct answer is: Safety

What characteristics is not a key feature of the 'Open System' model of


management?
The correct answer is: Morale

Systems theory holds that:


The correct answer is: The whole is greater than the sum of the parts.

Which of the following is not an example of bureaucratic functioning in


organizations?
The correct answer is: Advertising and marketing brochures
Fayol's functions of management include:
The correct answer is: Planning, commanding, organizing, coordinating,
controlling.

Which one of the following is not a characteristic of a bureaucratic organization?


The correct answer is: Change

Which of the following is not a feature of a bureaucracy?


The correct answer is: Generalism

The main schools of management thought are:


The correct answer is: Classical, human relations, systems, contingency.

The study of management theory is important for which of the following reasons:
The correct answer is: Management theories are interpretive and evolve with
organizational changes.

Humanistic realities were originally advocated by:


The correct answer is: Maslow

Which of the following is most closely associated with Henry Fayol?


The correct answer is: Classical Management School

A small business owned by one person can only be set up as a sole


proprietorship.
The correct answer is 'False'.

Used to describe a framework for the analysis of macro environmental factors:


The correct answer is: PEST Analysis

Which of the following is not considered as an internal strength of firms that


succeed in cost leadership
The correct answer is: Access to leading scientific research

These factors include demographic and cultural aspects of the external macro
environment and affect customer needs and the size of potential markets.
The correct answer is: Social factors

PEST stands for: The correct answer is: Political, Economic, Social,
Technological
Which of the following is an opportunity for an organization? The correct answer
is: Rapid market growth

The simplest form of business ownership is a: The correct answer is:


Proprietorship

A sole proprietorship is the simplest form of business organization. The correct


answer is 'True'.

The form of business organization that has the largest sales volume is the: The
correct answer is: Corporation

Which of the following is a Threat for an organization? The correct answer is:
Economic downturn

Which of the following does not form part of a firm's macro-environment? The
correct answer is: internal environment

The agreement to form a partnership may be oral, written, or implied from the
conduct of the parties.
The correct answer is 'True'.

Which of the following is an advantage of a sole proprietorship? The correct


answer is: All of the given options

The main disadvantage of a general partnership is The correct answer is: the
unlimited liability of the partners

A _______ is a business with two or more owners: The correct answer is:
Partnership

Mintzberg classified the activities of monitoring, disseminating and being a


spokesperson as part of a manager’s ____ role. The correct answer is:
Informational

_____ in businesses and organizations is the function that coordinates the efforts
of people to accomplish goals and objectives using available resources efficiently
and effectively.
The correct answer is: Management

The application of scientific principles to management is called: The correct


answer is: Scientific management
This is something that at some time in the future may destabilize and/or reduce
the potential performance of the organization. The correct answer is: Threat

A company picnic addresses which of Maslow's hierarchy of needs: The correct


answer is: Social

PEST stands for: The correct answer is: Political, Economic, Social,
Technological

Individuals in organizations who direct the activities of others. The correct


answer is: Managers

In the twenty-first century the four functions of management are:


The correct answer is: planning, organizing, controlling, and leading employees

The first step in management by objectives is: The correct answer is: managers
set goals for their departments

The offering of employee health insurance addresses which of Maslow's needs?


The correct answer is: safety

Humanistic realities were originally advocated by: The correct answer is: Maslow

Manage the activities of other managers. The correct answer is: Middle
managers

Planning is ______ and ______ function of management.

The correct answer is: First and foremost

Which of the following does not form part of a firm’s macro-environment? The
correct answer is: internal environment

Technical skills are most important for which of the following: The correct answer
is: First line managers

Which of the following does not form part of an organization’s micro-


environment?
The correct answer is: Statute legislation

Strategic planning is done by:


The correct answer is: Top managers
A _____ is a business with two or more owners The correct answer is:
Partnership

Which of the following is an opportunity for an organization? The correct answer


is: Rapid market growth

Which of the following is an example of the Hawthorne experiments? The correct


answer is: All of the given options

Which of the following hygiene factors are in Herzberg's theories? The correct
answer is: company policy and administration

The three main types of managers include: The correct answer is: general,
functional, and front-line managers

Which is a characteristic for organization? The correct answer is: All of the given
options

Which of the following is not an assumption of Theory Y? The correct answer is:
primary motivators are fear and money

The most effective form of business organization for raising capital is the: The
correct answer is: Corporation

SWOT is an acronym for: The correct answer is: strengths, weaknesses,


opportunities, threats

Contingency plans anticipate changing conditions. The correct answer is 'True'.

Programmed decisions are decisions that are made for situations that have
occurred often in the past and allow decision rules to be developed to guide
future decisions. The correct answer is 'True'.

A major advantage of the Delphi technique over other group decision-making


techniques is that bias effects of group interactions are eliminated. The correct
answer is 'True'.

The main difference between risk and uncertainty is that with risk you know the
probabilities of the outcomes. The correct answer is 'True'.

Programmed and structured are the two classifications of management


decisions. The correct answer is 'False'
Assumptions about the environment in which the plan is to be carried out. The
correct answer is: Premises

They are a complex set of goals, policies, procedures, rules, task assignments,
steps to be taken, resources to be employed, and other elements necessary to
carry out a given course of action. The correct answer is: Programs

They are general statements or understandings that guide or channel thinking in


decision making. The correct answer is: Policies

These permit managers to delegate authority and maintain control over what
their subordinates do. The correct answer is: Policies

It means at the end of the period it should be possible to determine whether or


not objective has been achieved. The correct answer is: Verifiable objectives

It is a statement of expected results expressed in numerical terms. The correct


answer is: Budget

They are the ends toward which activity is aimed The correct answer is:
Objectives

It is the determination of the basic long-term objectives of an enterprise and the


adoption of courses of action and allocation of resources necessary to achieve
these goals.
The correct answer is: Strategies

_____develop and carry out tactical plans The correct answer is: Management
by objectives

In Setting goals the "S.M.A.R.T" stands for: The correct answer is: Specific,
Measurable, Attainable, Realistic, Timely

Planning helps management pull the individual to achieve common goals by


The correct answer is: Provision of well-defined objectives

To be effective, an organization must have clearly defined sets of goals and


objectives.
The correct answer is: False

First-line supervisors are responsible for directing the day-to-day activities of


operative employees. The correct answer is: True
Short term goals are a means to achieve long term goals. The correct answer is:
True

Planning is choosing a goal and developing a method of strategy to achieve that


goal.
The correct answer is: True

The first step in decision making is to: The correct answer is: Recognize need for
a decision

Decisions fall into two categories: The correct answer is: Programmed and non-
programmed

What are factors managers should consider in evaluating alternatives? The


correct answer is: All of the given options

A manager who is helping a customer return some shoes they purchased last
week is dealing with what type of decision? The correct answer is: Programmed
decision

Problems are usually of the following type(s): The correct answer is: All of the
given options.

It is the ability of the decision maker to discover novel ideas leading to a feasible
course of action. The correct answer is: Creativity

A solution to a problem that is arrived at through an unstructured process of


decision making is called a: The correct answer is: Non-programmed decision

A decision for repetitive or routine problems for which the responses have been
already been decided and been known to the person who will make the decision
is called:
The correct answer is: Programmed

Planning guarantees organizational success. The correct answer is: False

They are general statements or understandings that guide or channel thinking in


decision making. The correct answer is: Policies

Strategic planning is usually carried out by top management. The correct answer
is: True

It means at the end of the period it should be possible to determine whether or


not objective has been achieved The correct answer is: Verifiable objectives
Decision making is (simplistically) typically described as which of the following?
The correct answer is: choosing among alternatives

They spell out specific required actions or non-actions, allowing no discretion.


The correct answer is: Rules

They are a complex of goals, policies, procedures, rules, task assignments, steps
to be taken, resources to be employed, and other elements necessary to carry
out a given course of action. The correct answer is: Programs

The function of management that determines the objectives of business and how
best to achieve them is called: The correct answer is: Planning

Which of the following is incorrect? The correct answer is: Planning is a one-time
event.

The last two steps in the planning process are implementation and control.
The correct answer is: True

where we are to where we want to go. The correct answer is: Planning

Strategic objectives are set by: The correct answer is: Top management.

The basic purpose or function or tasks of an enterprise or agency or any part of


it.
The correct answer is: Mission

Comprehensive, long range planning, focusing on broad enduring issues is


called:
The correct answer is: Strategic planning.

In Setting goals the “S.M.A.R.T” standing for:


The correct answer is: Specific, Measurable, Attainable, Realistic, Timely

It is the determination of the basic long-term objectives of an enterprise and the


adoption of courses of action and allocation of resources necessary to achieve
these goals.
The correct answer is: Strategies

Goals must be specific. The correct answer is: True

They permit managers to delegate authority and maintain control over what their
subordinates do. The correct answer is: Policies
It means that the whole is greater than its parts. The correct answer is: Synergy

Planning is a primary function of: The correct answer is: management

Programmed decisions are more likely to occur at the top management level.
The correct answer is: False

The first step in the decision-making process is which of the following?


The correct answer is: recognize need for a decision

A company decision to diversify into new products and markets is an example of


non-programmed decisions. The correct answer is: False

Which one is benefit of planning? The correct answer is: All of the given options

They are usually the simplest type of plan. The correct answer is: Rules

The strategic planning process begins with:


The correct answer is: defining the mission, vision, and values of the organization

_____develop and carry out tactical plans. The correct answer is: Management
by objectives

_____ is the process of using the resources and personnel of an organization in


an orderly way to achieve the objectives and long-term goals of the organization.
The correct answer is: Organizing

Which of the following applies to the matrix structure?


The correct answer is: It attempts to merge the benefits of decentralization with
co-ordination across all areas of the business

The framework of interrelationships among individuals and departments that


describe relationships of reporting and accountability is called: The correct
answer is: Organizational structure

What is the term used to define the number of subordinates directly controlled by
a manager? The correct answer is: Span of management

The divisional structure may contain which type of division(s)?


The correct answer is: Both product and geographic divisions

Which of the following can affect the span of management? The correct answer
is: All of the given options.
____is a diagrammatic representation of organization structure show names
designation functions of personnel in the organization. The correct answer is:
Organizational chart

______ is the formal arrangement of jobs within an organization.


The correct answer is: Organizational structure

The span of control refers to:


The correct answer is: the number of subordinates reporting directly to a given
manager or supervisor

_______ is the form of departmentalization that groups similar jobs and activities
into departments. The correct answer is: A functional structure

Organizing in management refers to the relationship between _____used to


achieve the common objectives. The correct answer is: All of the given options

The term organizational hierarchy implies The correct answer is: All of the given
options.

Specialization of labor refers to focusing an individual's efforts on a particular


product or a single task. The correct answer is: True

It is a design of organization movement or blueprintThe correct answer is:


Organization structure

Functional structure is created based on the various ____ of an organization.


The correct answer is: Functions

Formal organizations are designed to make work more efficient.


The correct answer is: True

What is the duty to act according to the authority that has been given?
The correct answer is: Responsibility

Authority moves _______, while accountability move________ within the


organization.
The correct answer is: downward, upward

Formal organization is objective oriented. The correct answer is: True

Organizing, as a management function, is accomplished by doing all of the


following except:
The correct answer is: monitoring performance to measure what is taking place
The systems approach ______.
The correct answer is: Encourages managers to view the organization both as a
whole and as part of a larger environment

Which statement is wrong about Formal organization? The correct answer is: It is
temporary and unstable

The study of management theory is important for which of the following reason.
The correct answer is: Management theories are interpretive and evolve with
organizational changes

Scientific management is based on the assumption that:


The correct answer is: The scientific observation of people at work would reveal
the one best way to do the task.

Which of the following are sub-groupings of the classical approach?


The correct answer is: Scientific management and bureaucracy

Systems theory holds that: The correct answer is: The whole is greater than the
sum of the parts.

It is a network of interpersonal relationships that arise when people associate


with each other. The correct answer is: Informal organization

In order to accomplish the process of organizing, management must:


The correct answer is: All of the given options

It is the intentional structure of roles, in a formally organized enterprise.


The correct answer is: Formal organization.

OAM Third Quarter Exam

Maslow suggests that human needs are arranged in a series of levels, a


hierarchy of importance. Which of the following statements are relevant to
Maslow’s hierarchy of needs theory?
The correct answer is: All of the given options.

The most effective leader is one who:


The correct answer is: has the leadership style most appropriate to the situation
and the employee involved.

When call center managers spend much of their time monitoring customer calls
and giving employees feedback about how to improve their dialogue with
customers in the future, these managers are using __________ skills.
The correct answer is: Technical

Coordinating people and human resources to accomplish organizational goals is


the process of:
The correct answer is: Leadership

Scientific management is based on the assumption that:


The correct answer is: The scientific observation of people at work would reveal
the one best way to do the task.

Which of the following best describes Maslow's hierarchy of needs?


The correct answer is: It is a highly flawed model, although it does recognize that
people are motivated differently.

This is something that at some time in the future may destabilize and/or reduce
the potential performance of the organization. The correct answer is: Threat

It is concerned with managing the process that converts inputs into outputs.
The correct answer is: Operations management

Who is father of scientific management?


The correct answer is: Frederick Winslow Taylor

Which one of the following is not a characteristic of a bureaucratic organization?


The correct answer is: Change

Which of the following is not a commonly used term to describe an element of


the business environment? The correct answer is: Extrinsic environment

Checking progress against plans.


The correct answer is: Controlling

_____ in businesses and organizations is the function that coordinates the efforts
of people to accomplish goals and objectives using available resources efficiently
and effectively.
The correct answer is: Management

Which of the following is most closely associated with Henry Fayol?


The correct answer is: Classical Management School
Supervisory management spends most of his/her time:
The correct answer is: Directing and controlling

Strategic planning is done by:


The correct answer is: Top managers

Which of the following would be included in the "controlling function”?


The correct answer is: Measuring results against corporate objectives.

One of the earliest and most enduring descriptions of managerial roles comes
from:
The correct answer is: Henry Mintzberg

The application of scientific principles to management is called:


The correct answer is: Scientific management

Which of the following is not a measure of a manager’s effectiveness?


The correct answer is: Speed of promotion through the organization

In Maslow's hierarchy of needs, which is the highest level of need?


The correct answer is: None of the given options

Individuals in organizations who direct the activities of others.


The correct answer is: Managers

Humanistic realities were originally advocated by:


The correct answer is: Maslow

Which of the following does not form part of a firm’s macro-environment?


The correct answer is: internal environment

Mintzberg classified the activities of monitoring, disseminating and being a


spokesperson as part of a manager’s ____ role. The correct answer is:
Informational

Effectiveness is synonymous with ____.


The correct answer is: Goal attainment

Which one is not interpersonal managerial role?


The correct answer is: Spokesperson

In the twenty-first century the four functions of management are:


The correct answer is: planning, organizing, controlling, and leading employees
What are the major functions Henry Fayol delineated for managers?
The correct answer is: Planning, Organizing, Commanding, Coordinating &
Controlling

Which of the following is an opportunity for an organization?


The correct answer is: Establishing Internet sales

Fayol's functions of management include:


The correct answer is: Planning, commanding, organizing, coordinating,
controlling.

The systems approach _____?


The correct answer is: Encourages managers to view the organization both as a
whole and as part of a larger environment
.
Distinguishes a managerial position from a non-managerial one.
The correct answer is: Coordinating and integrating others’ work

It is directing the work activities of others.


The correct answer is: Leading

Modern managers are: The correct answer is: All of the given options.

Systems theory holds that:


The correct answer is: The whole is greater than the sum of the parts.

Manage the activities of other managers.


The correct answer is: Middle managers

Which of the following is not an example of bureaucratic functioning in


organizations?
The correct answer is: Advertising and marketing brochures

Which of the following is not an assumption of Theory Y?


The correct answer is: Primary motivators are fear and money

Internal Consists of the trends and events within an organization that


affect_____.
The correct answer is: All of the given options
It combines tech with business to get people the information they need to do their
jobs better/faster/smarter. The correct answer is: Management Information
System

Which of the following is a Threat for an organization? The correct answer is:
Economic downturn

external recruiting means ...

- false

selection is the process of discovering ....

- false

training attempts to improve the ability ....

- true

it is the process of acquiring deploying ...

- staffing

it is the positive process of searching ....

- recruitment

compensation can be ...

- both answers are correct

any compensation plan must be ...

- understandable , workable , acceptable

transfer is the reassignment ..

- true

promotions involve the ...

- true

the remuneration system needs ...

- all of the given options


a prerequisite for a successful ...

- HR policy

the staffing system components model ...

- recruitment , selection , employment

the process of developing an applicants' ....

- recruitment

staffing systems exist , ...

- contribute to the attainment ...

advertisements through newspapers ....

- indirect

the process of acquiring, deploying ....

- staffing

are the resources that provide utility ...

- men

recruitment policy usually highlights ...

- job specification

teaching of current or employees ...

- training

which of the following is the most serious problem ...

- internal resistance

wages represent

- hourly

actions that employees does not do ....

- performance
basic compensations given to employees ...

- base pay

an aim of performance appraisal is to ...

- motivate employee

payments made to employees without taking ...

- salaries

factors affecting compensation levels are :

- all of the given options

performance appraisal feedback always include : ...

- all of the given options

company's HR team is responsible for ...

- all of the given options

which of the following is not advantage of promotion from within? ...

- creates political infighting

compensation given with base pay linked ...

- wages

effective managers "do the right things" to achieve ...

- true

with personal power a leader can exercise power ...

- false

transformational leadership works ...

- false

core competencies are the skills and abilities ...

- true
leadership is both an individual ....

- true

any condition to be taken into account ...

- contingency factor

McGregor assumed that people who are lazy ...

- Theory X

the willingness to exert high levels of effort ...

- motivation

the drive to find food, drink, and sexual ...

- physiological

Theory Y assumes that people inherently ...

- want to work and exercise self-direction

according to Herzberg, which of the following may be regarded....

- all of the given options

needs and expectations at work are sometimes ...

- extrinsic/intrinsic

influencing people towards the achievement ...

- leadership

Maslow suggests that human needs are arranged ...

- all of the given options

transactional leadership has which of the following ...

- takes the view that rewards ...

communication that takes place within prescribed ...

- formal communication
participation will be easier when individual ...

- true

effective communication is responsibility ...

- false

emergent change refers to initiatives ....

- false

first step in change management process is to prepare for change ...

- true

when the accounting manager communicates to the ...

- horizontal communication

which of the following is not a form of non-verbal communication ? ...

- posters

downward communication is used for all ...

- progress reports

to convert a message into groups of words ....

- encoding

is the individual or group that develops the message ...

- source

is the process by which the receiver interprets ...

- decoding

it is the transfer of information from a sender to a receiver ...

- communication

the communication process involves all of the following except:...

- performing
manuals and policy statements ...

- upward communication

suggestions for improvements from an employee ...

- upward communication

planning sets the goals for the organization ...

- true

management benchmarking compares various ...

- false

the outcome of controlling function is the accurate ...

- true

ROI Control measures both the absolute ...

- true

tests of operating leverage present ...

- false

control ensures that the ....

- plan

Don MacKinnon, the person in charge of ...

- controlling

it is an example of an effective standard ...

- planning to increase sales of product ...

control function of management cannot ...

- planning

it is information about what is happening ...

- real-time information and control


the last function in the sequence, which culminates ...

- controlling

it is the first step in management control ...

- determine desired performance

buying and assembling ...

- false

promotional activities and advertising are best ways to...

- true

orientation is the process of captivating ...

- false

capital budgeting is primarily a bottom-level ...

- false

HRM is all about acquiring services of people ...

- true

the planning function in managerial function ...

- all of the given options

the functions of HRM is pertained to ...

- whole organization

states the way about what are the activities ...

- planning

allowance and bonus of the employees ...

- compensation

managing people is not the primary responsibility ...

- true
which is discussed in compensation policy? ...

- %of bonus

human resource management policies ...

- HR Department

human resource planning is a part of ...

- operational

the internet is not important to the foundation ...

- false

functions are the HR functions that are required ...

- operational

payments made to employees without ...

- salaries

any condition to be taken into account ...

- contingency factor

Maslow suggests that human needs are arranged ..

- all of the given options

when an employee has a need for ...

- self-actualization needs

assumes that employees have little ambition ...

- Theory X

the process of developing an applicants' pool for ...

- recruitment

wages represents ...

- hourly
needs and expectations at work ...

- extrinsic/intrinsic

recruitment policy usually highlights ...

- job specification

McGregor assumed that people ...

- Theory X

according to Herzberg, which of the following ...

- all of the given options

performance appraisal feedback ...

- all of the given options

advertisements through newspapers, ...

- indirect

an individual who wants to buy a home ...

- safety

which of the following is the most serious ...

- internal resistance

negative feelings resulting from ...

- frustration

according to herzberg, which is not ...

- work conditions

the willingness to exert high levels ...

- motivation

the process of acquiring, deploying ...

- staffing
suggestions for improvements ...

- upward communication

influencing people towards ...

- leadership

it is personal power that ...

- charisma

basic compensations given to employees ...

- base pay

downward communication is used ...

- progress reports

the drive to find food, ...

- physiological

compensation given with base ...

- wages

it is the transfer of information ...

- communication

factors affecting compensation levels ..

- all of the given options

when the accounting manager communicates ...

- horizontal communication

within maslow's hierarchy of needs, ...

- social needs

a person who recognize, manages ...

- entrepreneur
is a document that thoroughly explains ...

- business plan

writing a business plan can ensure ...

- figures out how to make ...

which of the following qualities will increase ...

- all of the above

the business plan should be ...

- crisp and concise

is best described by stating it is any business ...

- small business

is defined as the blueprint describing the business strategy ...

- business plan

which one is not considered a key ...

- method for dissolution of the organization

common reasons for entrepreneurial failure ...

- adequate financial support

which statement is not true about entrepreneurs? ..

- they generally stick ...

the entrepreneur who is committed to the ...

- opportunist

all but which of the following is considered to be a myth ...

- first ventures ...

all of the following are characteristics of small ...

- small business emphasize new ...


which of the following is not recognized as a misconception ...

- entrepreneurial ventures ..

four small business owners, one ...

- profitability

the last function in the sequence ...

- controlling

an example of an effective standard ...

- planning to increase sales ...

functions are the HR functions ...

- operational

orientation is the process of captivating ...

- false

states the way about what ...

- planning

the functions of HRM is pertained to ...

- whole organization

which of the following management functions are closely related? ...

- planning and control

promotional activities and advertising ...

- true

investment decisions determine ...

- true

is based on norms

- clan control
human resource management policies ...

- HR department

tests of liquidity

- true

planning sets the goals

- true

strategic benchmarking compares ...

- false

designing marketing strategies ...

- false

it is the first step in management control

- determine desired performance

it compares various strategies and identifies ...

- strategic benchmarking

control ensures that the ...

- plan

Participative leadership involves staff and others in the decision making process.

- true

A laissez faire leadership style occurs when all power is passed onto the staff.

- true

It refers to the effective communication between people/ workers/ clients of


different cultural background.

- b. Intercultural communication

Which one is not leadership styles based on use of authority?


d. Transformational leaders

The following is not a concept of wage

b. daily wages

Promotion involves the reassignment of an employee to a higher level job.

b. true

Transformational leadership recognises that success results from their belief in


both themselves and their staff.

b. True

Participative leadership has which of the following characteristics?

d. Seeks to involve staff in the decision making process

An autocratic leadership style occurs when power is split between the leader and
his or her staff.

a. False

Management is the ability to direct staff towards achieving goals.

b. False

Layoff is when employees voluntarily decide to end their employment with an


organization.

a. false

Planned change refers to a situation in which change can originate from any level
in the organization.

b. False

Filling and keeping filled, positions in the organization structure.

c. Staffing

Termination is the practice of putting an end to the employer-employee relations


initiated by the employer with prejudice to the worker.

b. true
Benefits is pay provided by an employer to an employee for services rendered.

b. false

The output of job analysis is the job description and the job specifications.

a. True

External recruiting is the process of attracting individuals outside the organization


to apply for positions with the firm.

b. True

Which of the following factor influence(s) employee compensation?

a. All of the given options

Theory Y assumes people regard work as a normal activity and are self-
motivated.

a. True

The process, tools and techniques to manage the people-side of change to


achieve the required business outcome(s)

b. Change management

Budget is a quantitative expression of a plan for a defined period of time.

True

The ____ analysis addresses the roles of the community, region, nation, and
world in a business.

b. Environmental

All of the following are popular demographic factors about entrepreneurs, except:

c. Self confidence

Selling includes transfer of ownership of products to the buyer.


True

OAM4th Q

problems are usually ...

- all of the given opyions

is the form of departmentalization that groups ...

- a functional structure

which of the following is a strength for an organization ? ...

- low labor turnover

it is directing the work activities ...

- leading

they are a complex of goals, policies ...

- programs

recruitment policy usually highlights ...

- job specification

humanistic realities ...

- maslow

which of the following are sub-groupings ...

- scientific management and bureaucracy

which of the following does not form part ...

- internal environment

it means that the whole is greater ...

- synergy

which of the following is the most serious problem ...

- internal resistance
which of the following would be included ...

- measuring results ....

the framework of interrelationships ....

- organizational structure

the systems approach ....

- encourages managers to ....

the process of acquiring ....

- staffing

the main disadvantage of general partnership is ...

- the unlimited liability of the partners

it means at the end of the period ...

- verifiable objectives

it is concerned with managing the process ....

- operations management

which statement is wrong?

- disseminator role ...

which of the following are sub-groupings ....

- scientific management and bureaucracy

advertisements through newspapers ...

- indirect

the most effective form of business

- corporation

basic compensation

- base pay
supervisory management spends

- directing and controlling

which of the following is not an example of bureaucratic

- advertising and marketing ...

provides for the greatest degree of continuity

- corporation

it combines ...

- management information system

which one is benefit of planning

- all of the given options

a manger who is helping a customer return ...

- programmed decision

the application of scientific principles to management is called ...

- scientific management

strategic planning is done by:

- top managers

planning, organizing, directing ....

- functions of management

the staffing system components model says that the phases ...

- recruitment, selection, employment

which one is not interpersonal managerial role?

- spokesperson

which of the following is not an advantage of group decision-making?

- group think
who is the father of scientific management ?

- frederick winslow

what are factors managers should consider ...

- all of the given options

checking progress againts plans.

- controlling

non programmed decisions are most likely to be made by

- top management

modern managers are:

- all of the given options

scientific management is based on the assumptions that:

- the scientific observation of people ...

the process of developing an applicants' pool for job openings ...

- recruitment

the study of management theory is important ...

- management theories are interpretive ...

the simplest form of business ownership is a

- proprietorship

is the process of using the resources and personnel ....

- organizing

The five needs expressed in Maslow's hierarchy are:

b. Physiological, safety, social, esteem and self-actualization

Decisions fall into two categories:

d. Programmed and non-programmed


What are the major functions Henry Fayol delineated for managers?

b. Planning, Organizing, Commanding, Coordinating & Controlling

In the twenty-first century the four functions of management are:

a. planning, organizing, controlling, and leading employees

In Setting goals the “S.M.A.R.T” standing for:

a. Specific, Measurable, Attainable, Realistic, Timely

What is the term used to define the number of subordinates directly controlled by
a manager?

b. Span of management

In order to carry out a SWOT analysis, a company must _________.

b. All of the given options.

Internal consists of the trends and events within an organization that affect_____.

b. None of the given options

Top of Form

A decision for repetitive or routine problems for which the responses have been
already been decided and been known to the person who will make the decision
is called:

Select one:

b. Programmed.

Behavioral Science Approach is an extension of the ______.

Select one:

b. Human Relations Approach


They permitting managers to delegate authority and maintain control over what
their subordinates do.

Select one:

b. Policies

The systems approach _____?

Select one:

d. All of the choices

Which approach to the study of organizational behavior emphasizes the formal


structure, hierarchy of management, the technical requirements and the
assumption of rational behavior?

Select one:

b. The classical approach

A manager who is helping a customer return some shoes they purchased last
week is dealing with what type of decision?

Select one:

a. Programmed decision

Recruitment policy usually highlights the need for establishing:

Select one:

a. Job specification

Factors affecting compensation levels are:

Select one:
b. All of the given options

The span of control refers to:

Select one:

a. the number of subordinates reporting directly to a given manager or supervisor

Which statement is wrong?

Select one:

b. Disseminator role is under Interpersonal managerial roles

One of the earliest and most enduring descriptions of managerial roles comes
from:

Select one:

a. Henry Mintzberg

It combines tech with business to get people the information they need to do their
jobs better/faster/smarter.

Select one:

a. Management Information System

Payments made to employees without taking hours for which they worked into
consideration are called

Select one:

a. Salaries
Teaching of current or employees with skills needed to perform effectively on job
is

Select one:

b. Training

A solution to a problem that is arrived at through an unstructured process of


decision making is called a:

Select one:

b. Non-programmed decision

It is a network of interpersonal relationships that arise when people associate


with each other.

Select one:

c. Informal organization

The offering of employee health insurance addresses which of Maslow's needs?

Select one:

a. Safety

Which of the following is a Threat for an organization?

Select one:

d. Economic downturn
Which of the following is an opportunity for an organization?

Select one:

b. Rapid market growth

The form of business organization that has the largest sales volume is the:

Select one:

c. Corporation

Problems are usually of the following type(s):

Select one:

b. All of the given options.

Checking progress against plans.

Select one:

c. Controlling

Coordinating people and human resources to accomplish organizational goals is


the process of:

Select one:

a. Leadership

Systems theory holds that:

Select one:

a. The whole is greater than the sum of the parts.

Which of the following is an opportunity for an organization?

Select one:
d. Establishing Internet sales

The application of scientific principles to management is called:

Select one:

a. Scientific management

Which one is known as early systematize of management?

Select one:

b. Henry R. Towne

Fayol's functions of management include:

Select one:

a. Planning, commanding, organizing, coordinating, controlling.

Which of the following is not an assumption of Theory Y?

Select one:

a. Primary motivators are fear and money

Actions that employees does not do or must do in a job is classified as

Select one:

a. Productivity

______ is the formal arrangement of jobs within an organization.

Select one:

b. Organizational structure

The most effective form of business organization for raising capital is the:

Select one:
c. Corporation

The selection of a course of action from among alternatives.

Select one:

b. Decision making

_____develop and carry out tactical plans.

Select one:

Management by objectives

Which of the following is not an assumption of Theory X?

Select one:

Employees are creative

Which of the following is not an advantage of group decision-making?

Select one:

group think

Scientific management is based on the assumption that:

Select one:

a. The scientific observation of people at work would reveal the one best way to
do the task.

It is concerned with managing the process that converts inputs into outputs.
Select one:

b. Operations management

Which of the following is the most serious problem that might arise due to
excessive reliance on internal recruitment?

Select one:

c. internal resistance

Which of the following are sub-groupings of the classical approach?

Select one:

Scientific management and bureaucracy

Which of the following is a strength for an organization?

Select one:

New market opportunities in Germany

Compensation given with base pay linked to individual team or organizational


performance is classified as

Select one:

c. Salaries

Which of the following is not advantage of promotion from within?

Select one:

c. Creates political infighting

The most effective leader is one who:

Select one:

d. all of the given options


Which of the following is most closely associated with Henry Fayol?

Select one:

a. Classical Management School

Instructions: Before taking this exam, please be familiar with the following terms
(Annual, semi-annual, quarterly, monthly, bi-monthy, semi-monthly). In order to
have uniform answers, please follow the answer formats given. For currency
answers, use the format "PhpX,XXX.XX", Use comma to separate thousands,
always give two decimal places and round off to the nearest the centavo.

Ms. Hellen has a fixed bi-monthly salary of Php30,456.25. How much is her
annual salary rate?

Answer:

PHP182,737.50

Instructions: Write S if the statement describes salaries and W if wages.

A worker earns Php200 per article written.

Answer:

Instructions: Before taking this exam, please be familiar with the following terms
(Annual, semi-annual, quarterly, monthly, bi-monthy, semi-monthly). In order to
have uniform answers, please follow the answer formats given. For currency
answers, use the format "PhpX,XXX.XX", Use comma to separate thousands,
always give two decimal places and round off to the nearest the centavo.

Mr. Quan has a fixed annual salary of Php189,003. How much is his semi-annual
salary rate?

Answer:

Php94,501.50

Instructions: Before taking this exam, please be familiar with the following terms
(Annual, semi-annual, quarterly, monthly, bi-monthy, semi-monthly). In order to
have uniform answers, please follow the answer formats given. For currency
answers, use the format "PhpX,XXX.XX", Use comma to separate thousands,
always give two decimal places and round off to the nearest the centavo.

Mr. Quan has a fixed annual salary of Php189,003. How much is his quarterly
salary rate?

Answer:

Php47,250.75

Instructions: Before taking this exam, please be familiar with the following terms
(Annual, semi-annual, quarterly, monthly, bi-monthy, semi-monthly). In order to
have uniform answers, please follow the answer formats given. For currency
answers, use the format "PhpX,XXX.XX", Use comma to separate thousands,
always give two decimal places and round off to the nearest the centavo.

Mr. Troy has a fixed semi-monthly salary of Php15,755.25. How much is his
annual salary rate?

Answer:

Php378.126.00

Instructions: Before taking this exam, please be familiar with the following terms
(Annual, semi-annual, quarterly, monthly, bi-monthy, semi-monthly). In order to
have uniform answers, please follow the answer formats given. For currency
answers, use the format "PhpX,XXX.XX", Use comma to separate thousands,
always give two decimal places and round off to the nearest the centavo.
Mr. Quan has a fixed annual salary of Php189,003. How much is his semi-
monthly salary rate?

Answer:

Php31,500.50

Instructions: Before taking this exam, please be familiar with the following terms
(Annual, semi-annual, quarterly, monthly, bi-monthy, semi-monthly). In order to
have uniform answers, please follow the answer formats given. For currency
answers, use the format "PhpX,XXX.XX", Use comma to separate thousands,
always give two decimal places and round off to the nearest centavo.

Mr. Quan has a fixed annual salary of Php189,003. How much is his monthly
salary rate?

Answer:

Php15,750.25

Instructions: Before taking this exam, please be familiar with the following terms
(Annual, semi-annual, quarterly, monthly, bi-monthy, semi-monthly). In order to
have uniform answers, please follow the answer formats given. For currency
answers, use the format "PhpX,XXX.XX", Use comma to separate thousands,
always give two decimal places and round off to the nearest the centavo.

Ms. Pack has a fixed monthly salary of Php25,805.75. How much is her annual
salary rate?

Answer:

Php309,669.00

Instructions: Before taking this exam, please be familiar with the following terms
(Annual, semi-annual, quarterly, monthly, bi-monthy, semi-monthly). In order to
have uniform answers, please follow the answer formats given. For currency
answers, use the format "PhpX,XXX.XX", Use comma to separate thousands,
always give two decimal places and round off to the nearest the centavo.

Mr. Brock has a fixed semi-annual salary of Php50,555.75. How much is his bi-
monthly salary rate?

Answer:
Php16,851.92

Instructions: Write S if the statement describes salaries and W if wages.

A regularly employed person receives an annual compensation worth


Php246,000.

Answer:

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