ANSWERS (VERIFIED ANSWERS) PLUS RATIONALES
Q&A 2026 |INSTANT DOWNLOAD
1. Which management function involves setting goals and
determining how to achieve them?
A. Organizing
B. Leading
C. Controlling
D. Planning
Rationale:
Planning involves defining objectives and determining the
strategies and actions required to achieve them.
2. The process of arranging tasks, people, and resources to
accomplish work is known as:
A. Planning
B. Organizing
C. Controlling
D. Forecasting
Rationale:
Organizing determines how activities and resources are
structured to achieve organizational goals.
,3. Which leadership style involves employees participating in
decision making?
A. Autocratic
B. Democratic
C. Laissez-faire
D. Bureaucratic
Rationale:
Democratic leadership encourages employee participation and
collaboration in decisions.
4. A company’s mission statement primarily describes:
A. Profit goals
B. Marketing strategy
C. Purpose and reason for existence
D. Product pricing
Rationale:
A mission statement defines the organization’s purpose, values,
and main objectives.
5. SWOT analysis evaluates:
A. Sales and profit trends
B. Strengths, Weaknesses, Opportunities, and Threats
C. Supply and demand
D. Workforce productivity
,Rationale:
SWOT analysis helps businesses assess internal capabilities and
external environmental factors.
6. Which management function involves monitoring
performance and making corrections?
A. Leading
B. Planning
C. Controlling
D. Staffing
Rationale:
Controlling ensures activities align with goals by measuring
performance and correcting deviations.
7. Ethical behavior in business refers to:
A. Maximizing profits
B. Obeying supervisors
C. Acting according to moral principles and standards
D. Increasing productivity
Rationale:
Business ethics involves making decisions that follow moral
values and societal expectations.
, 8. Corporate Social Responsibility (CSR) refers to:
A. Advertising strategy
B. Profit maximization
C. A company’s responsibility to society and the environment
D. Market expansion
Rationale:
CSR emphasizes ethical practices, environmental sustainability,
and community involvement.
9. The process of motivating employees to achieve
organizational goals is part of:
A. Planning
B. Leading
C. Controlling
D. Budgeting
Rationale:
Leading includes motivating, guiding, and directing employees.
10. A competitive advantage occurs when a company:
A. Raises prices
B. Reduces employees
C. Provides greater value than competitors
D. Expands advertising