Principles Of Management

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  • 1/15 Questions

    Written, specific, long term focus, involves shared goals

    • Formal
    • Specific
    • Informal
    • Progress
    • None of the above
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About This Quiz

Explore key management concepts focusing on planning types, purposes, and impacts on organizational success.

Principles Of Management Quizzes & Trivia

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  • 2. 

    What are the purposes of planning?

    • Provides direction

    • Reduces uncertainty

    • Minimizes waste and redundancy

    • Sets the standards for controlling

    • All of the above

    Correct Answer
    A. All of the above
    Explanation
    Planning serves multiple purposes, including providing direction by setting goals and objectives for an organization or individual. It also helps to reduce uncertainty by anticipating potential challenges and developing strategies to overcome them. Additionally, planning minimizes waste and redundancy by ensuring resources are allocated efficiently and effectively. Lastly, planning sets the standards for controlling, allowing for the evaluation and adjustment of progress towards goals. Therefore, the correct answer is "all of the above."

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  • 3. 

    Time frames extending beyond three years

    • Single use plans

    • Directional plans

    • Specific plans

    • Short term plans

    • Long term plans

    Correct Answer
    A. Long term plans
    Explanation
    Long term plans refer to strategies and goals that are designed to be achieved over a period of time extending beyond three years. These plans are typically used by organizations to set their vision and objectives for the future and to outline the steps and actions needed to reach those goals. Unlike short term plans, which focus on immediate actions and results, long term plans provide a roadmap for sustained growth and success in the long run. They often involve comprehensive analysis, forecasting, and consideration of various factors that may impact the organization's performance over an extended period.

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  • 4. 

    What is planning?

    • Managerial function

    • Defining the organizations goals

    • Establishing strategies for achieving goals

    • Developing comprehensive set of plans

    • All of the above

    Correct Answer
    A. All of the above
    Explanation
    Planning is a managerial function that involves defining an organization's goals, establishing strategies for achieving those goals, and developing a comprehensive set of plans. It is a process that helps managers anticipate future challenges, set objectives, and determine the best course of action to achieve those objectives. By encompassing all of the options provided in the answer choices, "all of the above" accurately captures the various components and importance of planning in an organization.

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  • 5. 

    A one time plan specifically designed to meet the needs of a unique situation

    • Single use plans

    • Directional plans

    • Specific plans

    • Long term plans

    • Standing plans

    Correct Answer
    A. Single use plans
    Explanation
    Single use plans are designed to address a specific situation or problem that is not expected to be repeated in the future. These plans are created for a one-time use and are not meant to be used repeatedly or on a long-term basis. They are developed to meet the unique needs and requirements of a particular situation, providing a tailored approach to problem-solving or decision-making. Unlike standing plans or long-term plans, single use plans are temporary and are typically discarded once the situation they were created for has been resolved.

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  • 6. 

    Not written down, short term focus, specific to an organizational unit is defined as

    • Formal

    • Specific

    • Informal

    • Progress

    • None of the above

    Correct Answer
    A. Informal
    Explanation
    Informal refers to something that is not written down or documented. It also implies a lack of structure or formality. In this context, the term "not written down" suggests that the focus or goals are not documented or communicated in a formal manner. Additionally, the phrase "specific to an organizational unit" indicates that the focus is limited to a particular department or team within the organization. Therefore, the term "informal" accurately describes the given characteristics.

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  • 7. 

    Desired outcomes for individuals, groups, or entire organizations is

    • Plans

    • Goals

    • Strategic plans

    • Operational plans

    • Progress chain

    Correct Answer
    A. Goals
    Explanation
    Goals refer to the desired outcomes that individuals, groups, or organizations aim to achieve. They provide a sense of direction and purpose, guiding actions and decisions towards the desired results. Plans, strategic plans, and operational plans are methods or strategies that are developed to help achieve these goals. The progress chain refers to the process of tracking and measuring the progress made towards the goals.

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  • 8. 

    Specify the details of how the overall goals are to be acheived cover a short time period

    • Well designed goals

    • Mbo

    • Operational plans

    • Strategic plans

    • Means ends chain

    Correct Answer
    A. Operational plans
    Explanation
    Operational plans are detailed plans that specify the actions and tasks required to achieve the overall goals of an organization. These plans cover a short time period and provide specific guidance on how to accomplish the objectives. They are well designed and serve as a means-ends chain, connecting the strategic plans with the day-to-day activities. Operational plans are an essential component of the management by objectives (MBO) approach, as they outline the steps and resources needed to execute the strategic plans effectively.

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  • 9. 

    Flexible plans that set out general guidelines, provide focus, yet allow discretion in implementation

    • Single use plans

    • Directional plans

    • Specific plans

    • Long term plans

    • Standing plans

    Correct Answer
    A. Directional plans
    Explanation
    Directional plans are flexible plans that set out general guidelines and provide focus, yet allow discretion in implementation. These plans provide a general direction or vision for the organization without specifying detailed actions or steps. They give managers the freedom to adapt and make decisions based on the specific circumstances and context. Directional plans are often used in dynamic and uncertain environments where flexibility and adaptability are crucial. They provide a framework for decision-making and help align the organization towards common goals while allowing for adjustments and changes as needed.

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  • 10. 

    Clearly defined and leave no room for interpretation

    • Single use plans

    • Directional plans

    • Specific plans

    • Short term plans

    • Standing plans

    Correct Answer
    A. Specific plans
    Explanation
    Specific plans are clearly defined and leave no room for interpretation. These plans outline specific actions, objectives, and goals to be achieved within a defined timeframe. They provide clear guidance and instructions to individuals or teams on what needs to be done and how it should be done. Unlike directional plans or standing plans, which provide general guidance or guidelines, specific plans are detailed and precise, ensuring that there is no ambiguity or confusion in understanding and implementing them. Therefore, specific plans are the most appropriate choice when there is a need for clear and unambiguous instructions.

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  • 11. 

    Documents that outline how goals are to be accomplished

    • Plans

    • Goals

    • Strategic plans

    • Operational plans

    • Progress chain

    Correct Answer
    A. Plans
    Explanation
    The given answer "plans" is correct because plans are documents that outline how goals are to be accomplished. They provide a roadmap or a blueprint for achieving objectives. Plans can be strategic, focusing on long-term goals and overall direction, or operational, focusing on specific actions and tasks to be carried out. They help in organizing and coordinating efforts, ensuring that resources are allocated effectively, and progress is made towards the desired outcomes.

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  • 12. 

    What are the different types of planning

    • Informal and formal

    • Means and ends

    • Specific and progress

    • All of the above

    • None of the above

    Correct Answer
    A. Informal and formal
    Explanation
    The correct answer is "informal and formal." Informal planning refers to the process of making decisions and setting goals without following a specific structure or format. It is often flexible and adaptable. On the other hand, formal planning involves following a structured approach, using standardized methods and techniques to develop detailed plans. Both types of planning have their own advantages and are used in different situations depending on the organization's needs and requirements.

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  • 13. 

    Apply to the entire organization and establish their goals

    • Well designed goals

    • Mbo

    • Operational plans

    • Strategic plans

    • Means ends chain

    Correct Answer
    A. Strategic plans
    Explanation
    Strategic plans are a type of organizational plan that outlines the long-term goals and objectives of an entire organization. These plans are designed to guide the overall direction and decision-making processes of the organization. Unlike operational plans, which focus on specific activities and tasks, strategic plans provide a broader perspective and help establish the goals and priorities that will shape the organization's future. By applying strategic plans, organizations can align their resources, allocate budgets, and make strategic decisions that will enable them to achieve their desired outcomes.

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  • 14. 

    What kind of planning is associated with high profits and returns on assets

    • Informal

    • Specific

    • Formal

    • Progress

    • Means and ends

    Correct Answer
    A. Formal
    Explanation
    Formal planning is associated with high profits and returns on assets. This type of planning involves a structured and systematic approach to setting goals, developing strategies, and allocating resources. It helps organizations to identify potential risks and opportunities, make informed decisions, and optimize their performance. By following a formal planning process, businesses can enhance their efficiency, effectiveness, and financial outcomes, leading to higher profits and returns on assets.

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  • 15. 

    The integrated network of goals hat results from establishing a clearly defined hierachy of organizational goals is

    • Progress chain

    • Objective chain

    • Specific chain

    • Means ends chain

    • Informal chain

    Correct Answer
    A. Means ends chain
    Explanation
    The correct answer is means ends chain. This term refers to the integrated network of goals that is created when a clearly defined hierarchy of organizational goals is established. In this chain, the means goals are the intermediate objectives that need to be achieved in order to reach the ends goals, which are the ultimate objectives of the organization. This concept highlights the interconnectedness and interdependence of goals within an organization, where each goal serves as a means to achieve a higher-level goal.

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  • Current Version
  • Mar 22, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Mar 23, 2009
    Quiz Created by
    Jabronimang
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