question What is the primary function of management

In management, what does the term "supply chain" refer to?

A. Employee recruitment
B. The network of activities involved in producing and delivering goods to customers
C. Financial decision-making
D. Marketing strategies

What is the focus of the BCG Matrix in strategic management?

A. Evaluating employee performance
B. Portfolio analysis for businesses' product lines
C. Financial reporting
D. Market analysis

In management, what does the term "cultural competency" mean?

A. Employee recruitment
B. The ability to work effectively across different cultures
C. Financial decision-making
D. Marketing strategies

In management, what does the term "strategic planning" involve?

A. Employee recruitment
B. The process of defining an organization's direction and making decisions on allocating its resources
C. Financial decision-making
D. Marketing strategies

What is the purpose of the Fishbone Diagram (Ishikawa) in problem-solving in management?

A. Evaluating employee performance
B. Identifying potential causes of a problem
C. Financial reporting
D. Market analysis

What does the term "span of management" refer to in organizational structure?

A. The physical size of an organization
B. The number of subordinates directly reporting to a manager
C. Marketing strategies
D. Employee training programs

What is the focus of the Theory of Constraints in operations management?

A. Evaluating employee performance
B. Identifying and alleviating bottlenecks in processes
C. Financial reporting
D. Marketing strategies

What is the primary focus of the Just-In-Time (JIT) inventory system in operations management?

A. Evaluating employee performance
B. Minimizing inventory levels and waste
C. Financial reporting
D. Marketing strategies

In management, what does the term "corporate governance" involve?

A. Employee recruitment
B. The system of rules, practices, and processes by which a company is directed and controlled
C. Financial decision-making
D. Marketing strategies

In management, what does the term "emotional intelligence" refer to?

A. Assessing employee performance
B. Recognizing and managing one's emotions and the emotions of others
C. Financial decision-making
D. Market analysis

Management MCQS - QUESTION DETAILS

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