MANAGEMENT MINDS IN ENGLISH

What is the primary function of management in an organization?

• Selling products

• Managing finances

• Setting goals and directing activities

• Advertising

Which management style involves making decisions without consulting others?

• Democratic

• Autocratic

• Let do

• Transformational

What is a SWOT analysis used for?

• To analyze a company's financial statements

• To assess strengths, weaknesses, opportunities, and threats

• To plan marketing campaigns

• To manage human resources

Which of the following is a characteristic of a decentralized organization?

• Decision-making is concentrated at the top levels

• Decisions are made by lower-level managers

• There is no need for communication

• Only the CEO makes decisions

What does CSR stand for in a business context?

• Corporate Social Responsibility

• Customer Service Relations

• Comprehensive Sales Report

• Corporate Stakeholder Relations

What is the main goal of human resource management?

• Maximizing company profits

• Recruiting, hiring, and retaining employees

• Developing new products

• Managing company finances

Which of the following is considered an external factor in a business environment?

• Employee skills

• Company culture

• Government regulations

• Organizational structure

What is the purpose of a business plan?

• To outline the financial goals of a business

• To set marketing strategies

• To describe the future strategy and direction of a business

• To list all employees of the company

Which leadership style is characterized by giving employees a high degree of autonomy?

• Autocratic

• Democratic

• Let do

• Transactional

What is the main focus of strategic management?

• Daily operations

• Long-term goals and objectives

• Employee performance reviews

• Financial accounting