2026 Exam Questions with 100%
Correct Answers | Latest Update
Social Responsibility - 🧠 ANSWER ✔✔taking actions, beyond economic
and legal responsibilities, that are beneficial to society at large
Levels of Social Responsibility - 🧠 ANSWER ✔✔1. discretionary
responsibility(proactive)- "go beyond the call of duty" andrew cargegie
2. ethical responsibility- "Do what is right"
, 3. legal responsibility(reactive)- " play the rules"
4. economic responsibility- "run an effective business" - milton friedman
" the mililionaire should be a trustee for the poor... the man...." - 🧠
ANSWER ✔✔carnegie
organizing - 🧠 ANSWER ✔✔the process of structuring both human and
physical resources to accomplish organizational objectives
Organizational structure - 🧠 ANSWER ✔✔the framework of jobs and
departments that directs the behavior of individuals and groups toward
achieving the organization objectives
Basic organizational concepts - 🧠 ANSWER ✔✔1. work specialization-
subdivision of tasks into individual jobs
2. departmentalization- basis for grouping jobs together
3. chain of command
4. authority, responsibility, and delegation
5. span of control
6. centralization versus decentralization
mechanistic organization - 🧠 ANSWER ✔✔-rigid hierarchical relationships