question What is the purpose of the Delphi Technique in decision making in management

What is the focus of the autocratic leadership style in management?

A. Empowering team members to make decisions
B. Centralized decision-making with little input from subordinates
C. Financial reporting
D. Employee recruitment

In management, what does the term "organizational development" involve?

A. Employee recruitment
B. Systematic efforts to improve organizational effectiveness and employee well-being
C. Financial decision-making
D. Marketing strategies

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

A. Employee training
B. Planning for unexpected events and developing alternative courses of action
C. Financial reporting
D. Market analysis

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 Delphi Technique in decision-making in management?

A. Financial decision-making
B. Gathering opinions from experts anonymously to reach a consensus
C. Assessing employee performance
D. Marketing strategies

In management, what does the term "span of control" refer to?

A. The physical size of an organization
B. The number of subordinates a manager can effectively supervise
C. Marketing strategies
D. Employee training programs

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 is the purpose of the Herzberg's Two-Factor Theory in motivation management?

A. Evaluating employee performance
B. Identifying factors that lead to job satisfaction and dissatisfaction
C. Financial decision-making
D. Marketing strategies

In management, what is the purpose of the Deming Cycle (PDCA)?

A. Evaluating employee performance
B. Continuous improvement through Plan, Do, Check, Act cycles
C. Financial reporting
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

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