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MGT503 Quiz 3 by VU Topper RM

Principles of Management PDF 864 KBUpdated 23 Oct 2026
Quiz MGT503 Quiz 3 by VU Topper RM PDF 864 KB
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MGT503 Principles of Management
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PDF 864 KB
Updated
23 Oct 2026
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Text from pages 1, 2, 3 of 81. Download the file for all 81 pages.

Q1. The process of monitoring performance, comparing it with goals and

  1. Planning
  2. Organizing
  3. Leading
  4. Controlling

Q2. Mr. A is a Manager on XYZ company; he has a reputation for being

  1. Sales
  2. Political
  3. Interpersonal
  4. Technical

Q3. Someone who works with and through other people by coordinating

  1. A Very intelligent: Individual
  2. A Supervisor of Production Work
  3. A Manager
  4. An operation Supervisor

Q4. SWOT analysis divides organizational strength into two categories;

  1. Strategic imitation
  2. Competitive Parity
  3. Distinctive Competencies
  4. Threats

Q5. The Continues line if authority that extends from the upper level of

  1. Authority line of responsibility
  2. Unity of Commerce
  3. Responsibility factor
  4. Chain of command

Q6. Which is the most common cause of business failure?

  1. Insufficient Capital
  2. Unstable market
  3. Insufficient experience
  4. Poor Entrepreneurship

Q7. Which of the following is the accountability for the achievement of objectives, the use of resources, and the adherence to organizational policy?

  1. Power
  2. Responsibility
  3. Authority
  4. Planning

Q8. Organizations can play role in addressing global environment issues through all of the following ways EXCEPT:

  1. Greening of Management
  2. Depletion of natural Resources
  3. Fulfilling their Social Obligation
  4. Avoiding industrial accidents

Q9. __________________ are large scale action plans of an organization for interacting with environment in order to achieve long term goals.

  1. Objectives
  2. Strategic Goals
  3. Strategies
  4. Actions

Q10. Living Organisms take substances from their environment such as food and air and return other substances environment. This is an example of

  1. Close System
  2. Hybrid System
  3. Open System
  4. None of Above

Q11. When the strength provides superior and unique customer value and is difficult to imitate then the distinctive competence creates a sustainable____________.

  1. Competitive Advantage
  2. Scope
  3. Resource Deployment
  4. Effective Strategy

Q12. Which of the following organization is rigidly controlled and efficient?

  1. Organic
  2. Mechanistic
  3. Horizontal
  4. Learning
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