Principles Of Management - 2

Question 1

What are the five functions of management?

Answer 1

Planning, Organizing, Staffing, Directing, Controlling.

Question 2

True or False: Management is an art and a science.

Answer 2

True.

Question 3

Fill in the blank: The principle of _______ emphasizes that the work should be divided among individuals to improve efficiency.

Answer 3

Division of Work.

Question 4

What is the primary goal of management?

Answer 4

To achieve organizational goals efficiently and effectively.

Question 5

Which principle of management focuses on the chain of command?

Answer 5

Scalar Chain.

Question 6

True or False: Authority and responsibility should always be equal.

Answer 6

True.

Question 7

What is meant by ‘unity of command’?

Answer 7

Each employee should receive orders from only one superior.

Question 8

Name one benefit of effective management.

Answer 8

Increased productivity.

Question 9

Which management function involves setting objectives?

Answer 9

Planning.

Question 10

What does ‘staffing’ in management refer to?

Answer 10

The process of recruiting, selecting, and training employees.

Question 11

True or False: Controlling is the last function of management.

Answer 11

True.

Question 12

Fill in the blank: The principle of _______ ensures that employees are motivated to work towards the organization’s goals.

Answer 12

Remuneration.

Question 13

What is the difference between effectiveness and efficiency?

Answer 13

Effectiveness is achieving goals; efficiency is achieving goals with minimum resources.

Question 14

Which principle of management is related to the division of labor?

Answer 14

Specialization.

Question 15

True or False: Management principles are universal.

Answer 15

True.

Question 16

What is the role of a manager in an organization?

Answer 16

To coordinate and oversee the work of others.

Question 17

What does the principle of ‘subordination of individual interest’ mean?

Answer 17

The interests of the organization should take precedence over individual interests.

Question 18

Name one characteristic of management.

Answer 18

Goal-oriented.

Question 19

True or False: Management is only applicable to business organizations.

Answer 19

False.

Question 20

Fill in the blank: The principle of _______ emphasizes the need for a clear hierarchy in an organization.

Answer 20

Authority.

Question 21

What is meant by ‘organizational structure’?

Answer 21

The way in which tasks are divided, grouped, and coordinated.

Question 22

Which function of management involves motivating employees?

Answer 22

Directing.

Question 23

True or False: Effective communication is essential for successful management.

Answer 23

True.

Question 24

What does the principle of ‘esprit de corps’ promote?

Answer 24

Teamwork and unity among employees.

Question 25

Fill in the blank: _______ is the process of measuring performance and taking corrective action.

Answer 25

Controlling.

Question 26

What is the significance of planning in management?

Answer 26

It provides direction and reduces uncertainty.

Question 27

True or False: Delegation of authority is a key aspect of organizing.

Answer 27

True.

Question 28

What is the purpose of performance appraisal in management?

Answer 28

To assess employee performance and provide feedback.

Question 29

Which principle of management encourages a fair distribution of rewards?

Answer 29

Equity.

Question 30

Name one skill a manager should possess.

Answer 30

Leadership.

Question 31

Fill in the blank: The principle of _______ emphasizes the importance of a stable workforce.

Answer 31

Stability of Tenure.

Question 32

What does 'contingency planning' involve?

Answer 32

Preparing for unexpected events or changes in circumstances.

Question 33

True or False: Management does not require a formal education.

Answer 33

True.

Question 34

What is 'strategic management'?

Answer 34

The process of formulating, implementing, and evaluating cross-functional decisions.

Question 35

Which principle of management relates to the concept of unity of direction?

Answer 35

All activities aimed at the same objective should be directed by one manager.

Question 36

Fill in the blank: The principle of _______ states that the authority should be equal to the responsibility.

Answer 36

Balance.

Question 37

What is the importance of feedback in management?

Answer 37

It helps in assessing whether goals are being met and guides improvements.

Question 38

True or False: Only top management is responsible for planning.

Answer 38

False.

Question 39

What is 'operational management'?

Answer 39

Management of day-to-day operations in an organization.

Question 40

Which principle of management emphasizes the need for clear communication channels?

Answer 40

Communication.

Question 41

Fill in the blank: The principle of _______ emphasizes the importance of discipline in the workplace.

Answer 41

Discipline.