Management Quiz

What is the primary role of a manager?

• To manage personal relationships

• To create marketing strategies

• To coordinate and oversee the work of others

• To oversee financial transactions

Which of the following is NOT a function of management according to the POLC framework?

• Marketing

• Leading

• Organizing

• Planning

What does the term 'efficiency' in management refer to?

• Maximizing profits

• Minimizing costs

• Doing the right things

• Doing things right

Which management model emphasizes teamwork and employee concerns?

• Rational Goal Model

• Internal Processes Model

• Human Relations Model

• Open Systems Model

What is a key characteristic of the Open Systems Model?

• Strict hierarchy

• Adaptation and creativity

• Focus on internal processes

• Emphasis on stability

In the context of management, what does 'controlling' involve?

• Assigning tasks

• Setting goals

• Leading teams

• Monitoring activities and making corrections

Which of the following is a decisional role of a manager?

• Spokesperson

• Entrepreneur

• Leader

• Monitor

What is the significance of emotional intelligence (EQ) in management?

• It helps in financial decision-making

• It reduces workload

• It enhances technical skills

• It improves interpersonal relationships

What does the term 'stakeholder' refer to in an organization?

• Only the employees

• Any group or individual affected by the organization's objectives

• Only the shareholders

• The management team

Which of the following is a component of Corporate Social Responsibility (CSR)?

• Considering the impact on society

• Ignoring environmental impacts

• Maximizing shareholder profits

• Focusing solely on economic growth