First Long Quiz in

Organization and
Management
Quiz 1.1: Identification: Answer the following
questions below. (20pts)
1. Management is the ___Coordination______ of
all the resources through the process of planning,
organizing, directing and controlling in order to
achieve desired objectives.
2. ________is a legal association of two or more
persons as co-owners of an unincorporated
business.-Partnership
3. _________is a type of business entity that is
owned and operated by a single person.-sole
4. Management is a systematic process of
planning, organizing, staffing and controlling of
activities in an organization.
5. Which title is given to an individual who is in
charge of and coordinates the activities of a group
of employees engaged in related within a unit of an
organization?
6. Which management function involves setting
goals and creating specific plans for completing
them?
7. A manager who possesses knowledge of the
processes, equipment, and potential problems of
an industry would possess what type of
managerial skill?
8. The ability of a manager to interface and work
effectively with individuals and groups is
descriptive of what type of managerial skills?
9. Which management function involves
measuring results, comparing results to
expectations and taking corrective actions?
10. Which part of the management process
include measuring results, comparing results
to expectations and taking corrective action
to bring results in to line?
11. Which influential thought leader is known
for his “Classical Management Theory”.
12. Which influential thought leader is known
as the father of scientific management?
13. Which influential thought leader is known
for his theory that focuses in structuring
organizations in a hierarchy.
14. The most successful businesses are
well-managed creating a compelling value
proposition relative to its local competitors.
15. A generic term used to denote any
economic activity that is undertaken in order
to make profit.
16. This is used to further screen project
ideas or search for previously unidentified
ones.
17. They are “lack” or “missing” weak points
and should be eliminated.
18. Identify new ideas and delegate idea
responsibility to others.
19. A person with good human skills will
have a high degree of self-awareness.
20. They execute problem-solving decisions
that serve the organization’s purpose.
Quiz 1.2: Below are some of the characteristics
of the different forms of Business Organization.
Write (A) if its Sole Proprietorship, (B)
Partnerships, (C) Corporation. (10pts)
1. Organized and managed by only one person
2. Two or more partners contribute money,
property or talent
3. An artificial being created by the operation of
law, having the rights of succession
4. Limited liability of individual share
5. Equal profit sharing despite unequal attention
and time given by partners to a business
6. Decision making is left entirely to the
owner
7. Dissolution is least likely to occur
8. or demands the owner’s personal time
9. Consider Double Taxation
10. Owned by Shareholders
 END OF THE
LONG QUIZ!

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About Planning