Prelim Quiz for Introduction to Management

Discuss Management and its function

Identify the management roles

Identify the forms of business ownership

What are the functions of management?

• Planning

• Organizing

• Directing

• Controlling

What is the role of a figurehead in management?

• Performs ceremonial duties

• Directs and motivates subordinates

• Maintains information links

• Initiates improvement projects

What does the role of a leader involve?

• Directing and motivating subordinates

• Maintaining information links

• Performing ceremonial duties

• Distributing resources

What is a sole proprietorship?

What is a partnership?

What is a corporation?