Management Quiz

What is the primary function of management in an organization?

• Planning

• Organizing

• Leading

• Controlling

Which management style involves a high degree of delegation and employee autonomy?

• Autocratic

• Democratic

• Laissez-faire

• Bureaucratic

Which of the following is NOT considered a level of management?

• Top-level management

• Middle-level management

• Operational-level management

• Technical-level management

SWOT analysis stands for:

• Strengths, Weaknesses, Options, Threats

• Strengths, Weaknesses, Opportunities, Trends

• Strengths, Weaknesses, Opportunities, Threats

• Strategies, Weaknesses, Options, Threats

Which of the following is an example of a tangible asset?

• Trademark

• Customer loyalty

• Office equipment

• Goodwill

In which stage of the product life cycle are sales and profits typically the highest?

• Introduction

• Growth

• Maturity

• Decline

What does PERT stand for in project management?

• Project Evaluation and Review Technique

• Performance Evaluation and Review Technique

• Project Estimation and Risk Testing

• Process Evaluation and Review Technique

Which of the following is considered a primary activity in Michael Porter's Value Chain Model?

• Procurement

• Technology Development

• Human Resource Management

• Marketing and Sales

The concept of 'Just-in-Time' (JIT) inventory management focuses on:

• Maintaining high inventory levels

• Reducing waste by receiving goods only as they are needed

• Stockpiling raw materials

• Increasing production speed

Which of the following is a characteristic of a flat organizational structure?

• Long chain of command

• Narrow span of control

• Many layers of management

• Broad span of control