question In management what is the role of a mission statement

In management, what does the term "job enrichment" involve?

A. Employee recruitment
B. Designing jobs to provide employees with more challenging and meaningful work
C. Financial decision-making
D. Marketing strategies

In management, what does the term "benchmarking" mean?

A. Assessing employee performance
B. Comparing organizational processes and performance to industry best practices
C. Financial decision-making
D. Marketing strategies

In management, what is the role of a mission statement?

A. Setting financial goals
B. Defining the organization's purpose and values
C. Marketing strategies
D. Employee performance appraisal

What does the term "cognitive diversity" mean in the context of team management?

A. Employee recruitment
B. Differences in thought processes, perspectives, and problem-solving approaches within a team
C. Financial decision-making
D. Marketing strategies

What does the term "benchmarking" mean in management?

A. Assessing employee performance
B. Comparing organizational processes and performance to industry best practices
C. Setting financial goals
D. Marketing strategies

What is the purpose of the Gantt Chart in project management?

A. Evaluating employee performance
B. Visualizing project timelines and task dependencies
C. Financial reporting
D. Marketing strategies

What is the primary focus of servant leadership in management?

A. Achieving organizational goals at any cost
B. Serving and empowering others to achieve their best
C. Marketing strategies
D. Financial decision-making

What is the focus of transactional leadership in management?

A. Inspiring followers with a shared vision
B. Exchanging rewards and punishments for performance
C. Marketing strategies
D. Employee training programs

In management, what does the term "strategic fit" refer to?

A. Evaluating employee performance
B. The alignment between an organization's strategy and its external environment
C. Financial reporting
D. Market analysis

What is the purpose of the SWOT analysis in strategic planning?

A. Evaluating employee performance
B. Identifying internal strengths and weaknesses, external opportunities and threats
C. Financial reporting
D. Market analysis

Management MCQS - QUESTION DETAILS

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