Management in Pharmacy Quiz

What is the definition of management?

• The art of selling products

• The art and science of planning, organizing, directing, and controlling resources

• The process of hiring employees

• The study of financial statements

How does management affect pharmacy practice in the Philippines?

• It has no effect

• It is only relevant in hospitals

• It determines the success or failure of an enterprise

• It only affects sales

What is one factor that motivates pharmacy students to enter the pharmacy business?

• Interest in clinical services

• Desire to work in hospitals only

• High salaries

• Job security

Why is studying management significant in pharmacy?

• It is only relevant for pharmacists

• It helps in achieving higher sales and profitability

• It is not important

• It focuses only on clinical performance

What is one of the functions of management?

• Only organizing events

• Only hiring staff

• Controlling and measuring activities

• Only planning budgets

Which of the following is NOT one of the 6 M's in organizing?

• Marketing

• Men

• Money

• Machines

What does the directing function of management involve?

• Setting personnel goals and developing leaders

• Only hiring new employees

• Only managing inventory

• Creating financial reports

What is a key aspect of the controlling function in pharmacy management?

• Only focusing on sales

• Developing new products

• Measuring and correcting activities

• Hiring new staff

What role does a manager play in an organization?

• Only a financial role

• Ceremonial and symbolic roles

• Only a technical role

• Only a sales role

What is one way a manager can maintain control qualitatively?

• Financial statements

• Employee performance

• Inventory levels

• Sales reports