#1
Which of the following is not a function of management?
Production
ExplanationManagement involves planning, organizing, leading, and controlling; production is a part of the operations aspect.
#2
Who is known as the father of scientific management?
Frederick Taylor
ExplanationFrederick Taylor pioneered scientific management principles, emphasizing efficiency and productivity in the workplace.
#3
Which management theorist introduced the 14 Principles of Management?
Henry Fayol
ExplanationHenry Fayol proposed 14 principles of management, including division of work, unity of command, and centralization.
#4
What does the acronym SMART stand for in the context of goal setting?
Specific, Measurable, Achievable, Relevant, Time-bound
ExplanationSMART goals are Specific, Measurable, Achievable, Relevant, and Time-bound, providing clarity and focus for goal attainment.
#5
Which management approach emphasizes maximizing efficiency through careful structuring and control?
Classical Approach
ExplanationThe Classical Approach focuses on structuring organizations and controlling processes to achieve maximum efficiency.
#6
What is the primary focus of strategic management?
Long-term goals and objectives
ExplanationStrategic management involves setting long-term goals and objectives, and devising plans to achieve them.
#7
Which management principle emphasizes harmony and cooperation within the organization?
Esprit de Corps
ExplanationEsprit de Corps focuses on fostering teamwork and morale among employees.
#8
According to Maslow's hierarchy of needs, which need is considered the most basic?
Physiological
ExplanationMaslow's hierarchy starts with physiological needs like food, water, and shelter, as the most basic requirements for human survival.
#9
Which of the following is NOT a characteristic of a bureaucracy according to Max Weber?
Decentralized decision-making
ExplanationBureaucracies are known for centralized decision-making and strict adherence to rules and procedures.
#10
What management concept suggests that an employee should only report to one manager?
Unity of Command
ExplanationUnity of Command ensures clarity in reporting relationships by stipulating that each employee should receive instructions from only one superior.
#11
Who developed the Theory X and Theory Y concepts related to employee motivation?
Douglas McGregor
ExplanationDouglas McGregor proposed Theory X (authoritarian management) and Theory Y (participative management) as contrasting approaches to employee motivation.
#12
What is the purpose of a Gantt chart in project management?
To track project progress
ExplanationGantt charts visually represent project schedules, showing tasks, durations, and dependencies, aiding in project progress tracking.
#13
What does SWOT analysis stand for in management?
Strengths, Weaknesses, Opportunities, Threats
ExplanationSWOT analysis assesses internal Strengths and Weaknesses, and external Opportunities and Threats to a business.
#14
Who introduced the concept of the Hawthorne Effect?
Elton Mayo
ExplanationElton Mayo's Hawthorne studies revealed that productivity increases when workers believe they are being monitored and special attention is paid to them.
#15
What does the acronym PDCA stand for in quality management?
Plan, Do, Control, Act
ExplanationPDCA (Plan, Do, Check, Act) is a continuous improvement cycle used in quality management to plan, execute, monitor, and adjust processes for better results.
#16
What does the acronym ROI stand for in management?
Return on Investment
ExplanationROI measures the profitability of an investment by comparing the return generated to the cost of the investment.
#17
Who introduced the concept of 'Theory of Constraints'?
Eliyahu Goldratt
ExplanationEliyahu Goldratt developed the Theory of Constraints, focusing on identifying and mitigating constraints that limit organizational performance.