Principles and Practices of Management

301. In what order do managers typically perform the managerial functions?

  1. organising, planning, controlling, leading
  2. organising, leading, planning, controlling
  3. planning, organising, leading, controlling
  4. planning, organising, controlling, leading

Correct answer: (C)
planning, organising, leading, controlling

302. Individualism as a guiding moral philosophy was advocated by which economist?

  1. John Kenneth Galbraith
  2. John Maynard Keynes
  3. Milton Friedman
  4. Alfred Marshall

Correct answer: (C)
Milton Friedman

303. Of what is advertising a form?

  1. Focusing strategy
  2. Differentiation
  3. Cost leadership
  4. Growth

Correct answer: (B)
Differentiation

304. Of what is an investment decision an example?

  1. Programmed decision
  2. Routine decision
  3. Management decision
  4. Non-programmed decision

Correct answer: (D)
Non-programmed decision

305. Of what is individual freedom to schedule work an example?

  1. Job design
  2. Job enrichment
  3. Job rate
  4. Job planning

Correct answer: (B)
Job enrichment

306. Of what is worker autonomy in decision making an example?

  1. Worker freedom
  2. Greater worker negotiation
  3. Worker empowerment
  4. Increased worker power

Correct answer: (C)
Worker empowerment

307. Power distance in national cultures is a characteristic of a model by which writer?

  1. Geert Hofstede
  2. David Yip
  3. Tony Purdie
  4. Michael Porter

Correct answer: (A)
Geert Hofstede

308. Profitability stemming from how well a firm positions itself in the market is a key feature of which writer's view on strategy?

  1. Peter Drucker
  2. Jay Barney
  3. Michael Porter
  4. Henry Mintzberg

Correct answer: (C)
Michael Porter

309. Simon (1960) is associated with what type of decision making model?

  1. Rational
  2. Classical
  3. Programmed
  4. Administrative

Correct answer: (D)
Administrative

310. Specialisation is a feature of which organisational structure?

  1. Matrix
  2. Divisional
  3. Multi-divisional
  4. Functional

Correct answer: (D)
Functional

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