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The correct answer of this multiple choice question (mcq) is (B) as a Chief Information Officer (CIO) is hired by the organization at top-level in Information Technology Department (IT Department). He is responsible for overseeing and managing the overall strategies of the IT department within the organization. He is responsible for IT and computer system launching in an organization. He must know what are the future plans of the organization in information technologies. He informed about the company’s mission and vision about IT to employees as well as to the outside of the organization in order to make them clear what the organization wants and what it will be looking for in future about information technology. He oversees the whole activities of IT department within the organization. Due to the use of advancement in technology and improved computer system, the chief information officer’s responsibilities are increased. The efficient and effective use of information technology can ...

Answer of MCQ | Who Is Team Leader? And His Role In Management The correct answer of this multiple choice question (mcq) is (C), as a team leader’s role is to get effective team work results at the end for the organization. A team leader guides all the team members, solve their problems, motivate them in order to achieve common goals. In case of different of opinions among members about a business matter, then his decision is considered to be the final in order to avoid conflicts among members and to get effective work group results. A team leader oversees the daily activities of the members, schedule specific tasks, assign them to right member in order to achieve organizational goals. He wants that each member should contribute and make collective efforts towards the achievement of common goals by participating in the group activities, common tasks in order to be focused on same projects or tasks instead of separate individual work tasks. If a member work effectively, then the team ...

The correct option of this multiple choice question (mcq) is (A), as in “Panning”, the manager must identify the goals and the steps taken to achieve these goals. For example, if a manager wants to make the organization a market leader, then this is an identify goal. Now, he must describe the steps in achieving this organizational goal i.e., improve the quality of products or services, hiring quality staff, minimize the costs and maximizing output, improving efficiency of employees by giving them bonuses, commission and incentives, etc., to achieve this particular organizational or common goal. Planning plays an important role in accomplishing organizational objectives and goals as every one get a clear picture about the goals & steps to be taken to achieve common goals. Without planning, the direction of the organization can’t set as no one knows what are our goals and what actions needed to taken to achieve those goals. Developing a plan takes time and patience but when a success...

The correct answer of this multiple choice question (mcq) is A and D, as it is the responsibility of the front-line manager to implement the plans he developed with middle-line manager. Firstly, top management make strategic plans which the middle manager is used to implement in specific business units i.e., implement at bottom level of the organization by developing specific plans with lower-level manager. In this way, the plan developed at top level is implemented at middle and bottom level. A lower -level manager also supervises the operations of the organization. For example, he has to oversee the activities of workers doing specific tasks in fields during daily working hours, working performance of each employee working under his management, etc. As a lower-level manager better knows the working environment during daily working hours, so he is in a position to better manage the working of his team members and give them direction and guidance if they need some help. He can satisfy ...

A middle-line manager acts as a bridge link between the top management and the bottom level management. He uses upward flow and downward flows of communications in the hierarchy of management. He communicates the top management plans to the bottom level management. He informed the upper-level management about the operations and activities of front-lines managers for tracking daily routine activities. For example, if there is a project going on, then he informed the top management about the daily progress of the project in order to keep track the daily performance reports of workers and employees. He also informed to the bottom-level management about the strategic planning and how to implement these strategies at the ground level. The options A, B and C are correct choices of this multiple choice question here as a middle manager’s duty is to follow corporate objectives and to be implemented at bottom level. For example, if the organization objective is to improve the quality of the o...

The correct option of this multiple choice question (mcq) is (b) as this is the Planning function of management which is made before the implementation of strategies. Firstly, strategies are developed, objectives and goals are set in order to get the desired results (organization objectives and goals) in future efficiently and effectively. The managers need to make proper planning to achieve targets, goals and objectives of the organization. The manager oversees the future of the organization at present and set goals and objectives for the future and make a decision to follow the steps to achieve those common goals and objectives so that in future the organization will be in the position as planned. Alternative course of actions is also decided in case of failure of plan A. Plan B should be implemented if plan A failed. For example, if Plan A is to increase sales upto 70% for the next 5 years but on 3 rd year, the management decides it is not achievable, so the Plan B is implemented i...

The answer of these multiple choice questions MCQs is option (B) while other option (A, C and D) are incorrect choices here. These two statements are related with the management function called Leading in which a manager of the organization gives guidance and motivation or influence the subordinates in executing the set plans in order to achieves results efficiently and effectively. The manager has to give path to their subordinated leading towards the ultimate objective of the organization. A successful manager always leads by example. Employees will follow such managers who are showing them the right direction and give them guidance and motivation in case of difficult situations. Such kind of managers are visionary and leader to help employees to achieve common goal. For example, if a top-level manager tells the employees that during his job career he implemented the set plans on time, you should also follow this, then this kind of advice will surely inspire them and they will also d...

The correct answer to this multiple choice question (mcq) is (a), as controlling is the way through which the management measuring and monitoring Customers Satisfaction (CS). For effective measuring of CS, surveys, questionnaires, feedbacks, phone calls, emails, social media campaigns, etc. are used to check the expectations of customers about the quality and price of the products and services. The management of the company should track and monitor customers due to lots of reasons such as product or service improvements, product differentiation, sales performance, customer retention, acquiring new ones etc. Acquiring customers is important to expand and increase the sales volumes of products or services to new customers and new areas of the market. Thus, a management, who is monitoring CS, is able to acquire new ones and achieve common targets and goals of the company or organization. Retaining the customers is also achieved with checking and monitoring CS. If the they are happy and sa...

Answer of MCQ |  Fundamental Functions of Management The correct answer of this mcq is (C), as the managers have to perform all four functions (Planning, Organizing, Leading and Controlling) at the same time throughout the day due to the nature of the work and demands of the global economy. For example, a manager needs to plan an idea i.e., purchase 2 tables and 1 laptop for office use from international market online. Then he needs to organize it i.e., to be purchased online by a front-line manager at 3:00 PM. After that, he directs and motivate the front-line manager to follow the plan i.e., for purchasing online payment will be made by cashier. As there is a need of purchasing furniture and office equipment for office use, the working performance will be improved and as a result more revenue will be generated, so here he is doing the function of leading. Finally, he monitors the work performance by comparing actual results with the plans expected to be achieved i.e., to check wh...

The correct answer of this mcq is (D), as these are the distinctive leadership styles among other leadership styles which the managers have, who are working in an organization. Three styles of leadership include Autocratic, Democratic or Participative and Laissez-Faire o Free-Rein. In autocratic or dictatorship style, the manage has centralized power in decision-making process. There is very less involvement of participation and only from top-level. There is less delegation of authority and the manager takes all the decisions especially the major one. Middle-level and boom-level management have to follow the directions and implement the decisions. The subordinates have no or less speaks and participation in forming a decision. Since the manager is only the person who has to make decisions, so quick decisions are taken. In Democratic / Bureaucratic style, participation is allowed from all the team members. All the decisions are taken with mutual understanding and with the consensuses of...

Answers Of MCQs And Fill In The Blank The correct answer of this mcq is (c) and fill in the blank is also the same word, as “Efficiency” is using the least possible amount of resources with minimum cost to get the work done or output without lacking quality work. It is very important for the organization to utilize its resources efficiently in order to avoid wastage of resources such as time, money, experiences, skills, efforts, etc., and get the maximum or optimum / best outcome or achieve organizational objectives & goals with minimum cost or with minimum efforts. If the end results are not up to the mark, then it means that the manager has not chosen the right strategy to achieve organizational goals. So, right things should be done to get desired or atleast the best results / exchanges which show effectiveness of the jobs done. Due to efficiency, the organization is able to produce the best output, reduce cost with the utilization of minimum resources. The option a is inco...

Solution To MCQ | Explanation Of Controlling Function Of Management This management function is “Controlling”, so the correct option of this mcq is (D). In controlling function, the manager tries to check the real situation to see what is going on and then find the solutions of problems to make corrections. What are planned organizational objectives & goals? and is the organization move towards this mission? i.e., comparing actual results with planed objectives & goals. In this way an organization can utilize its resources efficiently and effectively and the managers better know the real facts and figures applied. The manager can make better decisions and make changes to his plans and decisions if these are not aligned with set targets and goals. Controlling helps the manager to make improvements in the performance and gives a way to achieve targeted goals. By making adjustments, successful strategies can be made for achieving the common goals. In an organization, an effective...

Answer of MCQ | Fundamental Skills Every Manager Should Have The correct options in this mcq are C and D, as a manager at different levels of Management i.e., First-Line, Middle-Level and Top-Level management, require to have different types of skills to perform the work task effectively. Also, without technical, human, conceptual and communication skills, the managers will not succeed in their mission and as a result, the organizational objectives & goals are not achieved. All of these skills are must, depending upon the hierarchy of management, for managers working in the organization. Technical skill is mostly required at bottom-level. Conceptual skills are the best and suitable for upper-level managers. Human or interpersonal skills are mostly must for middle-level and top-level managers. Communication skills are important for all levels, especially, for middle and upper-level managers. Other that managers must have include problem-solving, Ability to learn, innovative, good ...

The correct choices of this multiple choice question (mcq) are A, B and C, as top-level managers or upper-level managers are the overall management of an organization. They make decisions at corporate level. They make big decisions to address the challenges and solve the problems on time. They make overall strategies for the whole organization by making planning, organizing, leading and controlling the activities of the organization as a whole. They set targets and compare the actual results with the set targets. If successful, then the plans work well otherwise, they make changes in the set plans, if necessary, in order to accomplish organizational goals. They solve the problems to address the issues at corporate level. They make corrections, if required, to get better results and gain success in achieving organizational objectives and goals. They give guidance and direction to middle-line and lower-line-management to work together to get common goals. They make vision and set goals t...

Management Skills Required By Managers At Every Level Of Organization The correct answer of this mcq is (D), as a Manager should be able to have basic and Fundamental Skills at any managerial hierarchy level. These skills include planning, organizing, leading, controlling, decision-making, communicating, delegating, innovating, etc. Specific skills are required at different levels of management such as technical skills are required at first-line management while human and conceptual skills are required at middle and top-level management. 1. Planning A manager should be a good planner. He should have plan A, b and c if plan a is failed then plan b should be implemented and so on. Planning includes setting goals, assign tasks, scheduling tasks in order to achieve the organizational objectives. 2.  Organizing Organizing is the arrangement of tasks, resources, people i.e., assigning the right task to the right person, in order to accomplish common goals. 3. Leading Leading means to gi...

Answer of MCQ | Importance of Managerial Skills At Different Levels Or Hierarchy of Management What Are  Managerial Skills (MS) These are knowledge and abilities required during management process to complete organizational tasks efficiently and effectively. Following are the Fundamental Skills: What Are Technical Skills (TS) These are related with the specialized knowledge, ability in the specialized area such as specialized knowledge in accounting, law, engineering, computer science, etc. These are mostly needed at lower-level of management. Interpersonal Or Human Skills (IS Or HS) The abilities  of manager  to Interact with people working in the organization. How effectively communicate with individuals or group members and how to build relationship with them? Conceptual Skills (CS) The abilities of abstract thinking (thinking of ideas, solutions, etc., beyond their existence knowledge) in the complex situations and find solutions to their problems. Due to these skills...

What Is Management? | Answer of MCQ The correct answer of this mcq is (D), as the Management is the process of achieving common goals by the utilizing of human resources and human capital and other resources such as financial, physical, technological and environmental resources in order to complete the job tasks successfully. Functions of Management There are four (4) primary functions which include planning, organizing, leading and controlling which are must for proper managing organizational works.  All of these functions must be combined to accomplish organizational objectives & goals efficiently and effectively. 1. Planning involves setting objectives & goals, setting time to achieve those goals and identify the desired course of actions (also alternate course of actions, in case, a plan is failed, then choose another one) to implement the plans. 2. Organizing is the process of sorting and arranging of set plans i.e., assigning the tasks to capable and right persons...