MGT111 Midterm Preparation by ZB

Q1. What is the primary objective of management?

1. Maximizing profits
2. Ensuring employee satisfaction
3. Achieving organizational goals efficiently
4. Reducing costs

Answer: C) Achieving organizational goals efficiently

Q2. Which of the following is NOT a function of management?

1. Planning
2. Organizing
3. Staffing
4. Investing

Answer: D) Investing

Q3. Which management approach emphasizes efficiency and scientific methods?

1. Classical management theory
2. Behavioral management theory
3. Systems theory
4. Contingency theory

Answer: A) Classical management theory

Q4. Who is considered the father of scientific management?

1. Peter Drucker
2. Henri Fayol
3. Frederick Taylor
4. Elton Mayo

Answer: C) Frederick Taylor

Q5. What is a SWOT analysis used for?

1. Setting prices
2. Financial analysis
3. Identifying internal and external factors affecting an organization
4. Managing customer relationships

Answer: C) Identifying internal and external factors affecting an organization

Q6. Which leadership style is characterized by making decisions without consulting others?

1. Democratic
2. Autocratic
3. Laissez-faire
4. Participative

Answer: B) Autocratic

Q7. What is the role of a manager in the controlling function?

1. Set long-term goals
2. Monitor and adjust performance
3. Develop new strategies
4. Build team cohesion

Answer: B) Monitor and adjust performance

Q8. Which of the following is a characteristic of the "Theory X" management style?

1. Employees are self-motivated
2. Employees prefer to be left alone
3. Employees are generally lazy and need close supervision
4. Employees seek responsibility

Answer: C) Employees are generally lazy and need close supervision

Q9. What does the term "organizational structure" refer to?

1. The location of the company’s headquarters
2. The hierarchy of authority and relationships in an organization
3. The company's marketing strategy
4. The financial framework of the company

Answer: B) The hierarchy of authority and relationships in an organization

Q10. Which type of plan focuses on long-term goals and strategies?

1. Operational plan
2. Tactical plan
3. Strategic plan
4. Contingency plan

Answer: C) Strategic plan

Q11. What is the purpose of a mission statement?

1. To outline financial objectives
2. To define the company’s purpose and primary objectives
3. To summarize product details
4. To describe the company’s competitive strategy

Answer: B) To define the company’s purpose and primary objectives

Q12. Who introduced the concept of administrative management theory?

1. Henry Fayol
2. Frederick Taylor
3. Max Weber
4. Abraham Maslow

Answer: A) Henry Fayol