Fundamentals of POLC Management Framework

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1. What are the key management roles known as POLC?

Explanation

The key management roles known as POLC stand for Planning, Organising, Leading, and Controlling. These four functions are essential for effective management and achieving organizational goals.

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About This Quiz
Fundamentals Of Polc Management Framework - Quiz

Explore the internal environment of large-scale organizations with a focus on management strategies and operational behaviors. This assessment enhances understanding of internal dynamics and their impact on business success, crucial for aspiring managers and business students.

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2. Define the term Planning.

Explanation

Planning involves setting goals, determining actions to achieve those goals, and then allocating resources to accomplish the goals within a set timeframe.

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3. Define the term Leading.

Explanation

Leading involves inspiring and influencing employees to work towards common goals, rather than simply giving orders or micromanaging. A good leader involves interpersonal, informational, and decision-making qualities to guide and motivate the team effectively.

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4. Why is leadership important?

Explanation

Leadership plays a crucial role in shaping the work environment, motivating employees, and fostering a sense of teamwork and collaboration. Effective leaders inspire trust, provide guidance, and empower employees to reach their full potential, ultimately contributing to the overall success of the organization.

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5. What is SWOT analysis?

Explanation

SWOT analysis is a strategic planning tool specifically used to identify internal and external factors that can impact an organization's performance. It is not related to financial ratios, market research, or programming languages.

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6. What is Bureaucracy?

Explanation

Bureaucracy is specifically defined as a form of organisation with a formal structure, rules, and impersonal relationships, distinct from other concepts mentioned in the incorrect answers.

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7. What does vertical specialisation refer to within an organisation?

Explanation

Vertical specialisation in the context of organisations refers to the hierarchy of formal authority and decision-making power within the structure of a company.

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8. What is corporate culture?

Explanation

Corporate culture refers to the values and beliefs of the employees within an organization, not to financial statements, design elements, or office amenities.

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9. What is Real culture?

Explanation

Real culture is the actual behavior and relationships that exist within an organization, not just the physical environment, mission/values, or salary/benefits.

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10. What is official culture?

Explanation

Official culture refers to the values and beliefs that an organization wants to showcase to the public, not related to dance, fashion, or food choices within the organization.

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11. Define Privatisation.

Explanation

Privatisation refers to the shift of ownership from the public sector to the private sector, allowing privately owned entities to take control of previously government-owned organizations.

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12. What is a learning culture? Provide three suggestions to support the development of a learning culture in an organisation.

Explanation

A learning culture is characterized by continuous learning and improvement, with all members of the organization actively seeking new knowledge and skills to enhance performance. Encouraging staff to take on new responsibilities, providing realistic training opportunities, and hiring employees who demonstrate a willingness to learn are key strategies in fostering a learning culture within an organization.

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13. Define Policy.

Explanation

A policy is a set of guidelines or rules that an organization or individual can follow in decision making and actions. It is not a specific law enforced by the government, a financial plan for retirement, or a medical procedure performed in a hospital.

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14. What is meant by being Proactive?

Explanation

Being proactive involves taking initiative, planning ahead, and anticipating potential developments to stay ahead of the game.

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15. What are the different levels of planning?

Explanation

Levels of planning refer to different timeframes and scopes in which planning is conducted within an organization. Strategic planning focuses on long-term goals, operational/tactical planning on medium-term goals, and front-line planning on short-term goals.

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16. Define the term Controlling.

Explanation

Controlling involves comparing actual performance with planned performance, while planning focuses on setting the initial goals, executing involves carrying out the plans, and organizing involves arranging resources and tasks.

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17. Define Horizontal specialisation and give three types.

Explanation

Horizontal specialisation refers to grouping staff based on similarity of products, while the incorrect answers provide incorrect definitions or structures that do not align with the concept.

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18. Define Procedure?
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19. What is policy review?

Explanation

Policy review involves evaluating the success of existing policies against specific performance indicators to ensure effectiveness and compliance.

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What are the key management roles known as POLC?
Define the term Planning.
Define the term Leading.
Why is leadership important?
What is SWOT analysis?
What is Bureaucracy?
What does vertical specialisation refer to within an organisation?
What is corporate culture?
What is Real culture?
What is official culture?
Define Privatisation.
What is a learning culture? Provide three suggestions to support the...
Define Policy.
What is meant by being Proactive?
What are the different levels of planning?
Define the term Controlling.
Define Horizontal specialisation and give three types.
Define Procedure?
What is policy review?
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