question In management what does the term benchmarking mean

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

A. Employee recruitment
B. Identifying and addressing future workforce needs
C. Financial decision-making
D. Marketing strategies

What is the primary goal of strategic management?

A. Short-term profit maximization
B. Achieving a sustainable competitive advantage
C. Human resource recruitment
D. Increasing market share

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

What is the purpose of the Tuckman's Stages of Group Development in team management?

A. Evaluating employee performance
B. Describing the stages of forming, storming, norming, performing, and adjourning
C. Financial reporting
D. Marketing strategies

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 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 primary focus of the SWOT analysis in strategic management?

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

In management, what is the purpose of performance appraisal?

A. Product development
B. Evaluating employee performance and providing feedback
C. Financial reporting
D. Market analysis

What is the purpose of the Pareto Principle (80/20 Rule) in management?

A. Evaluating employee performance
B. Identifying the vital few factors that contribute to the majority of outcomes
C. Financial reporting
D. Market analysis

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

Management MCQS - QUESTION DETAILS

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