Quiz on Principles of Management

What is one of the principles that Toyota follows in its corporate activities?

• Maximize profits at all costs

• Honour the language and spirit of law of every nation

• Ignore local customs

• Focus solely on technological advancements

Which management thinker is associated with the concept of 'Scientific Management'?

• F.W. Taylor

• Max Weber

• Henri Fayol

• Chris Argyris

What does the Neo Classical Theory emphasize?

• Strict adherence to rules and authority

• The importance of social needs and human relations

• Maximizing economic gains

• Focus on bureaucratic organization

Which of the following is NOT a characteristic of management principles?

• Universal applicability

• Flexible and adaptable

• Rigid and unchangeable

• Formed by practice and experimentation

What is the significance of management principles in decision-making?

• They are based solely on personal experiences

• They eliminate the need for managerial discretion

• They provide absolute solutions to all problems

• They help in understanding cause and effect relationships

Which of the following best describes the nature of management principles?

• They are only applicable in large organizations

• They are purely theoretical and not applicable in practice

• They are fixed rules that must be followed

• They are guidelines that can be modified based on the situation

What does the term 'contingent' refer to in the context of management principles?

• Principles that are universally applicable

• Principles that are dependent on the situation

• Principles that are outdated

• Principles that are only relevant in specific industries

Which of the following is a key aspect of Taylor's Scientific Management?

• Emphasis on human relations

• Focus on administrative principles

• Finding the one best way to perform a task

• Encouraging employee creativity

What is one of the contributions of Henri Fayol to management theory?

• Development of the bureaucratic organization

• Focus on scientific methods of production

• Emphasis on the importance of social needs

• Administrative principles of management

What is the primary focus of the Behavioural Science Approach in management?

• Eliminating managerial hierarchies

• Understanding human behavior in organizations

• Maximizing efficiency through technology

• Strict adherence to rules and procedures