MGT603 Quiz # 3

Question no1
Which management function includes breaking tasks into jobs, combining jobs to form departments and delegating authority?

Motivating
Staffing
Organizing
Planning

Question no 2
As managers move up the organization, they perform which of the management function more?

Leading
Controlling
Organizing (not sure)
Planning

Question no 3
The mission statement answers which of the following question?

What is our business?
How can we improve ourselves?
What do we want to become?
Who are our stakeholders?

Question no 4
Which of the following is NOT a characteristic of well-constructed goals?

Address important issues
Easy to remember
Precise and measurable
Challenging but realistic

Question no 5
Which of the following are the guidelines of decision making?

Laws
Rules
Policies
Goals

Question no 6
Internal analysis involves gathering and analyzing the information about all areas of a firm EXPECT:

Research nad development
Management information system
Marketing(not sure)
Competitors

Question no 7
A system of several rites connected with a single occasion or event is known as:

Myth
Ceremonial(not sure)
Saga
Legend

Question no 8
In which of the following phase of strategic management, annual objectives are especially important?

Formulation
Evaluation
Implementation
Management

Question no 9
Financial ratios are helpful in analyzing the relationship among which of the following?

All assets and liabilities
Profits and cost
All functional areas of business
Sales and profitability

Question no 10
Which of the following period strategic management was considered to be cure for all problems?

Mid 1950s to mid 1960s
Mid 1960s to mid 1970s (Not sure)
Mid 1970s to mid 1980s
Mid 1980s to mid 1990s