Understanding Management and Leadership

What is meant by management?

• The process of organising and coordinating resources to achieve specific goals

• The act of selling products to customers

• The creation of new products and services

• The process of hiring new employees

Which of the following is NOT a function of management?

• Planning

• Organising

• Cooking

• Controlling

What is one advantage of Management by Objectives (MBO)?

• It eliminates the need for employee feedback

• It aligns individual objectives with organisational goals

• It reduces the need for management

• It increases the complexity of decision-making

According to D. McGregor, which theory assumes that employees are inherently lazy and need constant supervision?

• Theory Z

• Theory X

• Theory Y

• Theory W

Why is management important to a business and its stakeholders?

• It ensures that all employees are paid equally

• It helps in achieving organisational goals and satisfying stakeholder needs

• It guarantees a profit for the business

• It eliminates the need for leadership

What is meant by leadership?

• The ability to influence and guide individuals or groups

• The process of creating new products

• The act of selling goods to customers

• The method of reducing costs

Which leadership style involves making decisions without consulting others?

• Democratic

• Autocratic

• Paternalistic

• Laissez-faire

Which leadership style is characterised by a high level of employee involvement in decision-making?

• Autocratic

• Bureaucratic

• Democratic

• Paternalistic

What is a key feature of F. Fiedler's leadership theory?

• It focuses on the leader's charisma

• It suggests that leadership effectiveness depends on the situation

• It emphasises the leader's technical skills

• It advocates for a one-size-fits-all approach

According to P. Wright and D. Taylor, what is essential for effective leadership?

• Strict adherence to rules

• Flexibility and adaptability

• High levels of charisma

• A strong focus on financial results