Quiz on Management Concepts

What is the primary responsibility of managers in an organization?

• To oversee financial audits

• To manage customer relations

• To achieve organizational objectives through resources

• To develop marketing strategies

Which level of management is responsible for developing long-term plans?

• Low Level Management

• Middle Level Management

• Top Level Management

• Operational Management

What is the main focus of operational goals?

• Long-term strategic planning

• Day-to-day operations

• Medium-term objectives

• Financial forecasting

Which of the following is NOT a part of the management process?

• Planning

• Organizing

• Marketing

• Leading

What does SMART stand for in goal setting?

• Specific, Manageable, Achievable, Relevant, Time-sensitive

• Simple, Meaningful, Actionable, Relevant, Time-sensitive

• Strategic, Manageable, Attainable, Realistic, Timely

• Specific, Measurable, Achievable, Relevant, Time Bound

What type of decision involves common and frequently occurring problems?

• Strategic Decisions

• Nonprogrammed Decisions

• Operational Decisions

• Programmed Decisions

What is the purpose of departmentalization in an organization?

• To increase employee turnover

• To divide work activities into units

• To enhance customer satisfaction

• To reduce operational costs

Which type of authority allows individuals to advise but not control others?

• Line Authority

• Staff Authority

• Delegated Authority

• Functional Authority

What does centralization in an organization refer to?

• Spreading decision-making power among all employees

• Creating a flat organizational structure

• Delegating authority to lower-level managers

• Consolidating decision-making power at the top levels

Which of the following is a characteristic of a narrow span of control?

• A manager has more responsibilities

• A manager has less authority

• A manager supervises a few employees

• A manager supervises many employees