PPM1
PPM1
1. Define management.
a) Marketing
b) Financing
c) Planning
d) Selling
a) Henri Fayol
b) Max Weber
c) Frederick Taylor
d) Peter Drucker
c) It increases profits.
b) Proactive
c) Optional
d) Involuntary
a) It is an optional activity.
a) Strategic planning
b) Tactical planning
c) Operational planning
d) Contingency planning
c) It focuses solely on manual labor and is not useful for modern businesses.
c) They set the long-term vision and strategic goals for the organization.
38. Explain the difference between 'strategic planning' and 'tactical planning.'
c) Strategic planning is concerned with overall goals; tactical planning focuses on specific
actions to achieve these goals.
d) Strategic planning is only for top management; tactical planning is for lower
management.
b) By gathering relevant information, evaluating alternatives, and selecting the best option
_
47. Illustrate the benefits of 'departmentation by geography' in a global company.
52. Illustrate how strategic planning can be used to achieve long-term organizational goals.
d) By avoiding communication
c) By minimizing regulations
b) By collaboratively setting clear, measurable objectives aligned with the company’s goals
c) By focusing only on financial outcomes
b) By grouping all activities related to a specific product line into one department
b) Strategic planning is concerned with overall direction; operational planning focuses on day-to-
day activities.
b) They provide a framework for managers to navigate their diverse responsibilities effectively.
b) Taylor emphasized efficiency and labor productivity; Fayol focused on management principles
and organization.
c) Both had the same approach to management.
b) Forecasting provides the data necessary for making informed strategic decisions.
c) Forecasting hinders the strategic planning process by introducing too many variables.
b) MBO aligns employee performance with organizational goals, leading to improved outcomes.
a) Middle management sets the strategic direction; top management implements it.
b) Top management sets strategic goals; middle management implements and oversees these
strategies at a departmental level.
b) MBO can be challenging due to the need for clear communication and alignment of
objectives.
b) It allows each product line to be managed as a separate entity, enhancing focus and
accountability.
b) They provide structured methods to analyze alternatives and make informed decisions.
b) Each level of management has distinct roles that collectively contribute to the overall
decision-making process.
c) Top management makes all decisions without input from other levels.
_
79. Inform how 'organizational structure' affects communication within a company.
a) Operational planning is for long-term goals; tactical planning is for day-to-day activities.
b) Tactical planning focuses on short-term goals aligned with strategic plans; operational
planning focuses on daily activities necessary to run the organization.
b) Fayol’s principles continue to provide valuable guidance for effective management in modern
business.
b) MBO effectively aligns individual performance with organizational goals, leading to enhanced
performance.
b) Scientific management can lead to increased efficiency but may neglect employee well-being.
b) Strategic planning provides a clear direction and helps align resources with long-term goals,
contributing to organizational success.
b) Forecasting is crucial for anticipating market trends and making informed strategic decisions.
b) MBO can be challenging due to the need for clear communication, alignment across
departments, and continuous monitoring.
b) Departmentation by product allows for focused expertise and better management of product
lines, leading to increased effectiveness.
90. Justify the need for 'strategic planning' in a rapidly changing market.
b) Effective fulfillment of managerial roles is critical for achieving organizational objectives and
overall performance.
b) Departmentation by geography allows the company to address local needs and cultural
differences more effectively.
b) Strategic planning helps align resources and actions with long-term objectives, leading to a
sustainable competitive advantage.
b) MBO helps align customer service goals with overall organizational objectives, leading to
improved customer satisfaction and performance.
b) Strategic planning can be challenging due to the need to anticipate rapid changes and adapt
strategies accordingly.
97. Examine the relevance of 'Fayol's principles' in managing a modern technology company.
b) Fayol’s principles, such as division of work, authority, and discipline, remain relevant in
ensuring effective management in modern technology companies.
b) Bureaucracy can hinder creativity by imposing rigid structures and limiting flexibility.
b) Forecasting is essential for anticipating future trends and making informed long-term
decisions.
100. Justify the use of 'scientific management principles' in a service industry. - a) Scientific
management is irrelevant in service industries. - b) Scientific management can improve
efficiency and customer satisfaction by optimizing workflow and standardizing processes. - c)
Scientific management complicates service delivery. - d) Scientific management reduces the
need for skilled employees. - _