BUS105 EXAM PRACTICE QUESTIONS AND TMA SOLUTIONS
April 11, 2024 2024-06-04 10:39BUS105 EXAM PRACTICE QUESTIONS AND TMA SOLUTIONS
BUS105 EXAM PRACTICE QUESTIONS AND TMA SOLUTIONS
TUTOR AYO
EXAM PRACTICE QUESTIONS
GST105
1. one of the most important activities of human beings is …………
a) organization
b) managing
c) controlling
d) management
2. All resources have values and the values are always expressed in monetary …………
a) terms
b) value
c) worth
d) form
3. ………. is aimed at calculating or predicting what is likely going to happen in the future.
a) Decision making
b) Forecasting
c) Timing
d) Imagination
4. A good………. commands not only the focus of management, but also management action
a) manager
b) leader
c) information
d) objective
5. We have stressed the fact that a manager should not be given ……….
without the commensurate authority
a) wages
b) allowance
c) responsibility
d) authority
6. Planning is defined as the design of a desired future and of effective and
efficient ……… of bringing it about.
a) method
b) reason
c) idea
d) ways
7. which of this is not a condition of organizing
a) The manager must determine
b) The first condition is that there must be objective.
c) be a clear idea concerning the activities or the duties that must be perform
d) The third condition is the authority that the person occupying a position
8. Forecasting is aimed at calculating or predicting what is likely going to happen in the future
a) organization
b) company
c) future
d) market place
9. This necessitates finding customers/clients who will agree to accept the product or service at a price
Ans: selling
10. The ………… Department performs planning for and measuring production progress
a) chairman
b) staff
c) manager
d) personnel
11. Centralization of authority is one source while decentralization is the spreading of authority take decisions down the organization line.
a) market
b) product
c) decisions
d) organizations
12. Management applies to any kind of …………
a) business
b) company
c) product
d) organization
13. ……… defined management as getting things done through the efforts of others.
ANS: Sir Reynolds
14. Which of these is a type of objectives
a) Short-term Objective
b) Middle term Objective
c) Long-term Objective
d) All of the above
15. ………… is the ability to work with people
a) Human skills
b) Human ability
c) Human power
d) Human brain
16. To spend organization’s resources on ………… projects does not indicate sound management
a) profitable
b) unprofitable
c) company
d) local
17. Production is to add ……… to goods or services.
a) value
b) more
c) price
d) utility
18. The application of principles is what is referred to as ………
ANS: art
19. The word management can also be used to separate a special class of people in an organization from other classes
TRUE or FALSE
20. ……….. is the ability to solve problems in ways that will benefit the
Organization
a) Designing skills
b) Planning
c) Conceptual skill
d) Human skill
21. The word “Administration” concerns the ……… down of policies
a) putting
b) setting
c) laying
d) none of the above
22. ……….. the ability to see the big picture of the end in view (objective) of
where you are going.
a) Human skill
b) Conceptual skill
c) Designing skill
d) Decision making
23. ……….. involves raising funds, safeguarding the funds against waste and expending the funds in a manner that will maximize the objectives of the organization.
a) Financing
b) Donation
c) Giving
d) Bank loan
24. The authority to take action and make decisions is known as
a) Staff relationship
b) Line relationship
c) Decision making
d) Liberty
25. Departmentation by geographical area ensures that all activities in a geographic area or territory are grouped and assigned to a manager who has other staff working under him
TRUE / FALSE
26. Another name for conceptual skill is ………
a) designing skill or the skills of visualization
b) human skill
c) conceptual skill
d) production skill
27. Centralization of authority is a rare case because absolute centralization means that there is no …………
a) payment
b) organization
c) manager
d) authority
28. Consequently, when you are making use of organizational resources, you are spending
a) time
b) resources
c) effort
d) money
29. fixed cost plus the variable cost that give you ……….
a) variable cost
b) total cost
c) fixed cost
d) marginal cost
30. The …………. is the cost you pay for machine, erecting buildings
Ans. fixed cost
31. The aim of all managers whether a senior manager or a junior one is made …………
a) name
b) fame
c) surplus/profit
d) heaven
32. ………. and ……… always go together and they cannot be Separated
a) Manager and staff
b) Manager and company
c) Human and behavior
d) Authority and responsibility
33. ………. is the process that measures current performance and guides it toward the accomplishment of some objective
a) Controlling
b) Leadership
c) Bossing
d) Monitoring
34. One advantages of tall shaped structure necessary in a situation where a subordinate is new is ………
ANS: close supervision
35. The ………. on his own interest will regard management as employing suitably qualified candidates to fill existing vacancies
a) company
b) management
c) personnel manager
d) human resource
36. Span of control is simply the desirable member of subordinates that reports to the ……….
a) managing director
b) manager
c) admin
d) security
37. Technology is simply the manner of doing something to get the desired output.
TRUE / FALSE
38. ………… either by oral or written in a flat-shaped structured, superior officers must delegate
a) Statement
b) Word
c) Language
d) Communication
39. After a period of continuous observation, the next ………. is to classify the facts so as to be able to analyze them objectively
a) action
b) stage
c) step
d) thing
40. all but 0ne are the Criteria for Drawing a Chart
a) Position
b) Heads
c) Lines of communication
d) All of the above
41. The environment of management is never ………
a) change
b) static
c) improve
d) moved
42. Candidates judged to meet the recruitment of the job are selected and placed on the job they have applied for is known as ……
a) selection
b) choosing
c) placement
d) position
43. Being given authority without the corresponding responsibility is …….
ANS: dangerous
44. …….. is anything that interferes with good communication.
a) Language
b) Song
c) Noise
d) Distance
45. A situation where few subordinates report to a manager is known as
ANS: Narrow span of control
46. To ……… organization’s resources on unprofitable projects does not indicate sound management
a) waste
b) spend
c) misused
d) manage
47. Close control ……… that the manager looks at the work of the subordinate and companies that output again the standard that has been set.
a) supply
b) communication
c) demand
d) none of the above
48. Financial department carry out the following except
a) costing
b) financial accounting
c) records
d) pricing
49. The organizational charts indicate the formal n organizational relationships among ……….
a) board of director
b) staffs
c) marketers
d) executives
50. Off the job training where the employee ……., the organization
to undergo the training.
a) leaves
b) join
c) involve
d) separate
51. While going for an/a ………… the candidates bring the original of the
credentials he claims to posses
a) meeting
b) conference
c) interview
d) examination
52. The desirable member of subordinates that reports to the manager is known as ………….
ANS: Span of control
53. ….……… training is where a person learns some technical skills within a defined period of time.
a) Apprenticeship
b) Staff
c) Business
d) Home
54. A ……… is a guide to action and provides the direction that all organizational efforts will follow
a) organization
b) promotion
c) policy
d) plan
55. An objective should be targeted at specific action.
TRUE / FALSE
56. An objective should be targeted at specific ………
a) result
b) behavior
c) area
d) design
57. A good objective commands not only the focus of management but also ………… action
ANS: management
58. Government policies determine business practices and investment
TRUE /FALSE
59. Social environment concerns the norms, tastes, and habit of the target population in the …………
a) state
b) country
c) community
d) area
60. Sir Reynolds defined management as getting things done through the efforts of …………
a) human
b) staff
c) machine
d) others
61. The accountant will like to see management in terms of ………
a) cash sales
b) cash deposit
c) cash flow
d) cash discount
62. ……………. is aimed at calculating or predicting what is likely going to happen in the future.
a) Forecasting
b) Planning
c) Decision making
d) Management
63. An objective should be targeted at specific ……….
a) action
b) customer
c) result
d) skills
64. Technical ……… form the knowledge of and proficiency in activities involving methods, procedures and processes.
a) skills
b) result
c) action
d) customer
65. The environment of management is a/an ………. One
a) effective
b) noisy
c) dynamic
d) upgraded
66. when you are making use of organizational resources, you are spending money.
TRUE / FALSE
67. A ………………… which is a social system has its roles deliberately created so that the objectives of the organization can be achieved organization and informal organization.
ANS: formal organization
68. ……….. departmentation is the identification of necessary activities for the production and sales of product
a) Manager
b) Product
c) Sales
d) Items
69. In the process of planning in an organization ………. is being made
a) plan
b) action
c) discussion
d) decision
70. Committing mistakes along the line in the process of taking ……… can be fatal.
a) action
b) plan
c) decisions
d) orders
71. A flat-shaped structured limit to the activities a manager has to ………
ANS: perform
72. After a period of continuous observation, the next stage is to classify the facts so as to be able to analyze them objectively
TRUE / FALSE
73. scientists then look at them so as to find some cause and effects which they believe to be false
TRUE /FALSE
74. ……………. refers to the right which an individual or department has through the process of delegation to control specified processes, practices or other matters relating to activities in other departments.
ANS: Functional authority
75. ………… means getting raw materials and transforming them into finished products or taking an idea and using it as a basis for providing service to others
a) Production
b) Manufacturing
c) Productivity
d) Transformation
76. the mind of man is like a ……… box
a) blue
b) green
c) white
d) black
77. Confusion sometimes ……. the terms line and staff departments
a) follow
b) allow
c) determine
d) support
78. Being given authority without the corresponding responsibility is …….
a) good
b) dangerous
c) none of the above
d) all of the above
79. Organization Charts and manuals do not guarantee ……. Management
a) better
b) good
c) best
d) none of the above
80. ………. is simply the manner of doing something to get a desired
output.
a) Behavior
b) Understanding
c) Technology
d) Work
81. It is the responsibility of the board to fashion out what should be the policy of an organization
TRUE / FALSE
82. Interview is used inter changeably with ……….
ANS: selection
83. ……………… is used to mean the granting of right and approval from a superior source to a subordinate to function within prescribed limits.
ANS: Delegation of authority
84. After planning and organizing, ………. takes place.
a) marketing
b) controlling
c) managing
d) selling
85. Centralization of authority is one source while decentralization is the spreading of authority take decisions down the organization ……
a) goal
b) achievement
c) line
d) plan
86. ……………. involves a written report which is based on job analysis.
ANS: Job description
87. Management is a word used by different ……… with varying meanings
a) philosophers
b) marketers
c) managers
d) people
88. The variable cost as the name implies, vary with the quantity that you are ………
a) marketing
b) buying
c) selling
d) producing
89. The point, simply put, where revenue is equal to the amount of money being spent is known as ……
ANS: break-even point
90. Management is important to any ……… in an organization
a) state
b) position
c) level
d) terms
91. Necessary in a situation where a subordinate is new on the job and can easily make ………. that can be fatal to the organization.
ANS: mistakes
92. whatever position you find yourself in an organization, you will feel the presence of …………
a) God
b) boss
c) staff
d) management
93. The management function of staffing is defined as filling and keeping filled, positions created in the organization venture.
TRUE / FALSE
94. Management has importance because there are core ……. associated with it.
a) values
b) important
c) advantages
d) plan
95. The personnel manager on his own interest will regard management as employing suitably qualified ………. to fill existing vacancies
a) staff
b) members
c) candidates
d) person
96. Managing is concerned with ……… main types of cost
a) one
b) three
c) four
d) two
97. ……… is another management function which is futuristic.
ANS: Planning
98. ………… is breaking down of the main content of a job
a) Selection
b) Division
c) Job analysis
d) All of the above
99. Span of control is simply the desirable member of subordinates that reports to the ……….
a) manager
b) admin
c) security
d) board of director
100. Job specification, is to specify what manner of a man or woman that can reasonably perform the task that has been analyzed and described.
TRUE / FALSE
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