Introduction to Management 2

Question 1

The three types of Control are Feedforward, __________ & Feedback

Accepted Answer

Concurrent

Question 2

Four main managerial functions are Planning, Organising, _____ & _____.

Accepted Answer

leading, Controlling

Question 3

The industry life cycle has birth, ________, ________, maturity & decline stage.

Accepted Answer

Growth, Shakeout

Question 4

The process of giving authority to make decisions is known as ______________.

Accepted Answer

Empowerment

Question 5

The three skills set managers need to have to perform effectively are conceptual, human & __________.

Accepted Answer

Technical

Question 6

MBO Stands for ______________.

Accepted Answer

Management by objectives

Question 7

Legitimate, Coercive, Reward, ____ & ___ are sources of power.

Accepted Answer

Referent, Expert

Question 8

The two main types of Decision Making are ___________ & _____________ decisons.

Accepted Answer

Programmed , Non-Programmed

Question 9

____________ Leadership involves managers using reward & coercive power for motivating employees.

Accepted Answer

Transactional

Question 10

The practice of relating to people outside the organisation is known as ________________.

Accepted Answer

Boundary spanning

Question 11

Prior hypothesis, representativeness, illusion of control & _______________ are main types of Cognitive Bias.

Accepted Answer

Escalating commitment

Question 12

Fiedler's Model of ____________ is best way to understand effective Leadership.

Accepted Answer

Contingency

Question 13

Three main managerial Roles are Decisional, Informational & ___________.

Accepted Answer

Interpersonal

Question 14

Information is incomplete due to uncertainty, ambiguity & __________.

Accepted Answer

Time constraints

Question 15

Organisational Culture can be understood by values of founder, rites _______ & ________

Accepted Answer

Stories , language

Questions 15