1. An organisation is a __________ system of people who are structured and meet specified goals. a. Geographical b. Social c. Private d. Specified 2. Building a vision involves the joint efforts of the owner and ____________ of the organisation. a. Employees b. Stakeholders c. Competitors d. Vendors 3. When a company has many business operations running out of different centres, the plan made by the head office/ headquarter to achieve the organisational vision, is known to be _________________. a. Corporate strategy b. Functional strategy c. Business strategy d. Organisational strategy 4. Peter Drucker is known for the modern management thought of _____________. a. Improving quality b. Higher productivity c. Management by objective d. Customer orientation 5. When major tasks and activities of the organisation are divided and carried out by different people in the organisation, it is called ____________. a. Co-existence of authority and responsibility b. Division of labour c. Unity of command d. Unity of direction
6. When the workers are encouraged to do things which are not defined but add to productivity, it is called as ___________. a. Equity b. Order c. Initiative d. Overtime 7. Planning should always end in _________ because that is the purpose of planning. a. Structuring b. Decision c. Profits d. Staffing 8. Planning implies goal setting for the organisation keeping in mind the constraints, __________ and threats. a. Opportunities b. Strengths c. Weaknesses d. Deadlines 9. A plan that is important and future oriented and forms the hub of fulfilling the vision is called ________________. a. Corporate plan b. Operational plan c. Short-term plan d. Strategic plan 10. Organising is centred on the