Management Sciences Test 1 Nddc Scholarship
Question 1
The process of monitoring performance, comparing it with goals and correcting any significant deviations is known as:
D. Controlling
Controlling involves monitoring performance, comparing it with set goals, and taking corrective actions when necessary.
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Question 2
Mr. A is a Manager on XYZ company; he has a reputation for being an open and honest person and understands how to motivate employees and customers, he said to have good____________ skills.
C. Interpersonal
Interpersonal skills involve effectively communicating, building relationships, and motivating others.
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Question 3
Someone who works with and through other people by coordinating their work activities to accomplish organizational goals is called:
C. A Manager
A manager achieves organizational goals by working with and through other people, coordinating their activities effectively.
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Question 4
SWOT analysis divides organizational strength into two categories; Common strength and______________.
C. Distinctive Competencies
In SWOT analysis, organizational strengths are classified into common strengths and distinctive competencies, with the latter providing a competitive advantage.
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Question 5
The Continues line if authority that extends from the upper level of management to the lowest levels of the organization is called:
D. Chain of command
The chain of command is the continuous line of authority from the top management down to the lowest organizational levels.
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Question 6
Which is the most common cause of business failure?
A. Insufficient Capital
The most common cause of business failure is insufficient capital, as businesses often run out of funds to sustain operations before becoming profitable.
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Question 7
Which of the following is the accountability for the achievement of objectives, the use of resources, and the adherence to organizational policy?
B. Responsibility
Responsibility is the accountability for achieving objectives, properly using resources, and adhering to organizational policy.
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Question 8
Organizations can play role in addressing global environment issues through all of the following ways EXCEPT:
B. Depletion of natural Resources
Depleting natural resources harms the environment, so it is not a way organizations address global environmental issues.
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Question 9
__________________ are large scale action plans of an organization for interacting with environment in order to achieve long term goals.
C. Strategies
Strategies are large-scale action plans organizations use to interact with their environment and achieve long-term goals.
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Question 10
Living Organisms take substances from their environment such as food and air and return other substances environment. This is an example of
C. Open System
Living organisms are open systems because they exchange matter and energy (like food, air, and waste) with their environment.