LONG QESTIONS AND ANSWERS MNO2601 QUESTIONS AND ANSWERS 2023

1. Which of the following words is NOT a step in the management process? (A) Planning (B) Leading (C) Producing (D) Controlling (E) Organizing - -Producing -2. A homebuilder dominates a market by offering attractive options, higher quality, and value-added services. Which of the following competitive strategies has the homebuilder adopted? (A) Cost leadership (B) Differentiation (C) Price leadership (D) Generic (E) Design focus - -Differentiation -3. Which of the following is a correct statement about controlling as a management function? (A) It can be performed independently of planning. (B) It is performed only by the controller of an organization. (C) It is more prevalent in business than in government. (D) It assumes a certain approach to motivating employees.