Functions of Management MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Functions of Management, a fundamental topic in the field of IC90 Human Resource Management. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Functions of Management MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Functions of Management mcq questions that explore various aspects of Functions of Management problems. Each MCQ is crafted to challenge your understanding of Functions of Management principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace IC90 Human Resource Management tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Functions of Management MCQs are your pathway to success in mastering this essential IC90 Human Resource Management topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Functions of Management. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

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Functions of Management MCQs | Page 3 of 19

Discover more Topics under IC90 Human Resource Management

Q21.
In which area would a business strategy be concerned with?

a.

Acquisition of human resource capital

b.

Matters referred to in the mission statement

c.

Portfolio of interests the business wants to pursue

d.

None of the above

Discuss
Answer: (b).Matters referred to in the mission statement Explanation:Business strategy would deal with matters referred to in the mission statement. It would refer to the portfolio of interests it wants to pursue, whether it wants to acquire other businesses or not and what would be the financial ratios like Return on Capital Employed, that it would aim at.
Q22.
In the military, who decides strategies and tactics?

a.

The local commanders decide strategies and tactics

b.

The top generals decide strategies and tactics

c.

The soldiers decide strategies and tactics

d.

None of the above

Discuss
Answer: (b).The top generals decide strategies and tactics Explanation:In the Army, the top generals decide strategies and the local commanders determine tactics.
Q23.
What does HR strategy deal with?

a.

Allocation between bonds, stocks, and other instruments

b.

Business positioning and distribution arrangements

c.

Ways of acquiring and preparing adequate human resource capital

d.

None of the above

Discuss
Answer: (c).Ways of acquiring and preparing adequate human resource capital Explanation:HR strategy will deal with ways of acquiring and preparing adequate human resource capital, training in-house or outsourced, and so on.
Q24.
What is an example of a business strategy decision?

a.

The criteria for selecting potential recruits

b.

Conducting marketing directly or through distributors

c.

Setting objectives for a certain percentage growth in business for the next year

d.

None of the above

Discuss
Answer: (b).Conducting marketing directly or through distributors Explanation:A business strategy decision may be whether to conduct marketing directly or through distributors.
Q25.
What are policies in management?

a.

Decisions made by top management

b.

Broad objectives towards which resources will be applied

c.

Statements of intention towards achieving specific goals

d.

Guidance for decision makers

Discuss
Answer: (b).Broad objectives towards which resources will be applied Explanation:Policies are statements of intention, declarations of broad objectives towards which resources will be applied.
Q26.
How do policies clarify management principles and values?

a.

By providing guidance for decision makers

b.

By laying down specific objectives

c.

By ensuring long-term agreements with vendors

d.

By encouraging individual initiatives

Discuss
Answer: (a).By providing guidance for decision makers Explanation:Policies clarify management principles and values by providing guidance for decision makers.
Q27.
Which of the following is an example of a policy guideline that may apply across an organization?

a.

The replacement of all company cars after 5 years

b.

Recruiting staff only from among local persons

c.

Making 50% of appointments to the officers' cadre through internal promotions

d.

All of the above

Discuss
Answer: (d).All of the above Explanation:Policy guidelines normally apply in a variety of situations and across the organization.
Q28.
What do policies on purchasing require?

a.

Long-term agreements with vendors or suppliers

b.

Looking for new vendors every six months

c.

Avoiding vested interests

d.

All of the above

Discuss
Answer: (d).All of the above Explanation:Policies on purchasing may require long-term agreements with vendors or suppliers or looking for new vendors every six months or so, in order to avoid vested interests.
Q29.
What is the difference between policies and procedures?

a.

Policies provide detailed steps for doing things, while procedures provide general guidelines

b.

Policies lay down detailed steps for doing things, while procedures provide general guidelines

c.

Policies and procedures are the same thing

d.

None of the above

Discuss
Answer: (b).Policies lay down detailed steps for doing things, while procedures provide general guidelines Explanation:Policies are statements of intention, declarations of broad objectives towards which resources will be applied, while procedures lay down detailed steps for doing things.
Q30.
What are policies?

a.

Statements of intention

b.

Detailed steps for doing things

c.

General guidelines

d.

None of the above

Discuss
Answer: (a).Statements of intention Explanation:Policies are statements of intention, declarations of broad objectives towards which resources will be applied.
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