SYBCOM Business Management – Complete Question Bank (Modules 1–3): 15 MCQs with answers

Goal-oriented

Management is inherently goal-oriented, focusing on achieving objectives.

Planning

Planning is the first function that sets the direction for all other management activities.

Division of work

Division of work is one of Fayol's foundational principles for effective management.

Ignoring risks

Ignoring risks is not a step in the planning process; risk assessment is crucial.

True

Fayol's 14 principles of management include division of work, authority and responsibility, discipline, unity of command, unity of direction, subordination of individual interest, remuneration, centralization and decentralization, scalar chain, equity, initiative and esprit de corps.

Bureaucratic Management

Bureaucratic Management emphasizes the hierarchy and structure within an organization.

One plan for activities with the same objective

Unity of direction ensures that activities with the same objective are managed under one plan.

Human relations

The neo-classical approach emphasizes the importance of human relations in management.

Significant deviations from standards

MBE allows managers to focus on significant deviations, saving time and resources.

Planning provides the standards against which control measures performance.

The correct option is true because planning sets the objectives and standards that control measures performance against, making it foundational to the management process.

To supply information for decision-making

MIS is designed to supply relevant information for effective planning and decision-making.

Granting authority and fixing responsibility

Delegation involves assigning duties, granting authority, and fixing responsibility.

Controlling evaluates actual results against the plan, identifying gaps that inform future planning.

The correct option is true because controlling involves comparing actual results with the planned objectives, which highlights discrepancies that need to be addressed in future planning cycles.

The specific technology, environment, size, employees, and nature of the work.

The correct option is true because the contingency approach emphasizes that there is no one-size-fits-all management style; it depends on various situational factors.

Unity of command ensures that each employee has one direct supervisor, while unity of direction ensures all activities are aligned towards a common goal.

The correct option is true because unity of command emphasizes clear reporting lines to prevent confusion, while unity of direction ensures that all efforts are coordinated towards a common objective, both of which are crucial for organizational effectiveness.