Basic Management Functions – Page 2

BMF – Nov 2020 – L1 – SA – Q5 – Basic Management Functions

Identify the role that is NOT typically associated with junior managers and supervisors.

Question

Which of the following is NOT a role associated with junior managers and supervisors?
A. Employee discipline and morale
B. Decide strategy
C. Technical direction of work activities
D. Efficiency control
E. Short term planning

Answer

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Tags: Junior Management, Management Functions, Supervisory roles
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2020

BMF – MAY 2016 – L1 – SA – Q15 – Basic Management Functions

Multiple choice question on management's role in building successful teams.

Question

A role of management in building a team is to provide ………………. to teams and workgroups, so that the term can be successful.

A. Supervision
B. Coordination
C. Leadership
D. Control
E. Motivate

Answer

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Tags: Leadership, Management, Team Building
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2016

BMF – May 2016 – L1 – SA – Q10 – Basic Management Functions

This question evaluates the student's knowledge of Porter's Strategic Management Model and which element is not a part of it.

Question

Which of the following is NOT part of Porters’ Model of Strategic Management?
A. The Strategic goal for a company should be to achieve a superior long-term return on investment
B. Strategy must offer a unique value proposition for the customer
C. There should also be a distinctive value chain
D. The selected strategy will not involve some trade-offs
E. There should be continuity of strategic direction

Answer

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Tags: Competitive Strategy, Porter's Model, Strategic Management
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2016

BMF – May 2016 – L1 – SA – Q7 – Basic Management Functions

This question evaluates knowledge of the objective of market skimming as a pricing strategy.

Question

The aim of market skimming is to ………………………..
A. Build customer demand
B. Offer an attractive price
C. Increase sales volume
D. Maximise the gross profit per unit sold
E. Penetrate the market

Answer

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Tags: Market Skimming, Pricing Strategy, Sales Strategy
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2016

BMF – Nov 2014 – L1 – SB – Q5 – Basic Management Functions

Explain the concept of power and identify five sources of power for leaders in organizations.

Question

Leadership power promotes vision, creativity, and change in the organization. Identifying the sources of a leader’s power is important in understanding leadership.

Required:

a. Explain the concept of power. (5 Marks)
b. State and explain FIVE sources of power. (15 Marks)

(Total 20 Marks)

Answer

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Tags: Leadership, Organizational Change, Power, Sources of Power
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2014

BMF – Nov 2014 – L1 – SA – Q19 – Basic Management Functions

Identify the type of plan that outlines the structure, resources, and objectives of a business.

Question

The plan that explains how the business is structured, what resources are required, and how these resources are employed to achieve business objectives is:

A. Operational
B. Strategic
C. Budget
D. Marketing
E. Tactical

Answer

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Tags: Business Plan, Operational Planning, Resource management
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2014

BMF – Nov 2014 – L1 – SA – Q6 – Basic Management Functions

Identifies the management function ensuring policies are followed.

Question

The management function that ensures that things are done in accordance with established policies and practices is:

A. Organising
B. Coordinating
C. Controlling
D. Planning
E. Motivating

Answer

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Tags: Controlling, Management Functions, Organising, Policies
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2014

BMF – MAY 2015 – L1 – SA – Q13 – Basic Management Functions

Primary objective of strategic planning in business.

Question

ONE of the primary objectives of strategic planning is to achieve:

A. Business strategy
B. A sustainable competitive advantage
C. Purpose of production
D. An aspiration
E. Business idea

Answer

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Tags: Business Strategy, Competitive Advantage, Management objectives, Strategic Planning
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2015

BMF – May 2015 – L1 – SA – Q1 – Basic Management Functions

This question tests the understanding of the management function that ensures compliance with established policies and practices.

Question

The management function which ensures that things happen in accordance with established policies and practices is called:

A. Organising
B. Coordinating
C. Controlling
D. Planning
E. Motivating

Answer

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Tags: Controlling, Management Functions, Policies, Practices
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2015

BF – Nov 2015 – L1 – SA – Q16 – Basic Management Functions

Identifying how public sector strategy differs from private sector strategy.

Question

Strategy in the public sector differs from that in the private sector because:
A. They do not have customers
B. They do not have stakeholders
C. Planning horizons are determined by political considerations rather than market conditions
D. They do not have to make a profit
E. They do not manage cost

Answer

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Tags: Private Sector, Public Sector, Strategy
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2015

BF – Nov 2015 – L1 – SA – Q13 – Basic Management Functions

Identifying the term for superior performance relative to rivals.

Question

The appropriate term for anything that a firm does better especially when compared to rival firms is called:
A. Opportunities
B. Core competence
C. Performance
D. Competitive advantage
E. Capability

Answer

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Tags: Competitive Advantage, Core Competence, Strategy
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2015

BF – Nov 2015 – L1 – SA – Q9 – Investment Decisions

dentifying what is NOT a feature of SWOT analysis.

Question

Which of the following is NOT a feature of SWOT analysis?
A. Strategic gap
B. Competitive threats
C. Opportunities availability
D. Weaknesses
E. Competitive advantage

Answer

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Tags: Business Planning, Strategy, SWOT Analysis
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2015

BF – Nov 2015 – L1 – SA – Q6 – Basic Management Functions

Identifying the term synonymous with management function.

Question

Management function is synonymous with:
A. Management process
B. Scientific management
C. Managerial roles
D. Managerial skills
E. Strategic management

Answer

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Tags: Management, Process, Roles
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2015

BF – Nov 2015 – L1 – SA – Q4 – Basic Management Functions

Identifying the exception among the advantages of decentralization.

Question

The following are advantages of decentralisation EXCEPT that it
A. Promotes development of general managers
B. Aids adaptation to fast-changing environment
C. Enhances a uniform policy
D. Relieves top management of some burden of decision making
E. Gives managers more freedom and independence in decision making

Answer

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Tags: Decentralization, Management, Policy
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2015

BMF – May 2018 – L1 – SB – Q1 – Basic Management Functions

Discusses types of rewards and benefits of management by objectives.

Question

In order to make subordinates perform better, managers can use different types of reward systems. Assuming you are a manager in an accounting firm, you are required to:
a. Define a reward system. (1 Mark)
b. Explain intrinsic and extrinsic rewards. (2 Marks)
c. List SIX examples each of intrinsic and extrinsic rewards that your subordinates could receive from doing their jobs. (12 Marks)
d. State TWO extrinsic rewards you could give to your subordinates. (2 Marks)
e. State THREE benefits of management by objectives (MBO). (3 Marks)

Answer

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Tags: Extrinsic Rewards, intrinsic rewards, MBO, Reward System
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2018

BMF – May 2018 – L1 – SA – Q10 – Basic Management Functions

Understanding the managerial functions requiring leadership in planning, organizing, and communicating.

Question

Managerial functions like planning, organizing, coordinating, and communicating require __________ because they involve giving guidance and direction to employees:
A. Management
B. Foresight
C. Experience
D. Leadership
E. Intuition

Answer

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Tags: Decision Making, Leadership, Management
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2018

BMF – May 2018 – L1 – SA – Q8 – Basic Management Functions

Identifying financial management-related tasks.

Question

Which of the following options is NOT directly related to financial management?
A. Sourcing for funds
B. Decision making
C. Assessment of risk
D. Evaluation of return
E. Recording data accurately and reporting business transactions

Answer

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Tags: Decision Making, Financial management, Risk Assessment
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2018

BMF – May 2018 – L1 – SA – Q6 – Basic Management Functions

Determining the primary function in an innovation-focused company.

Question

A company that needs to innovate and continually produce new services is likely to have a(n):
A. Research and development
B. Procurement
C. Operations
D. Finance
E. Administration

Answer

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Tags: Business Functions, Innovation
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2018

BMF – Nov 2021 – L1 – SB – Q6A – Basic Management Functions

This question asks candidates to explain the technological business model and project management.

Question

Explain the following terms:
i. Technological business model
ii. Project management
(4 Marks)

Answer

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Tags: Business model, Project Management, Technological model
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2021

BMF – Nov 2021 – L1 – SB – Q4C – Basic Management Functions

This question asks candidates to explain three reasons for the growth of bureaucracy as per Rosemary Stewart.

Question

Explain THREE reasons for the growth of bureaucracy as put forward by Rosemary Stewart.
(6 Marks)

Answer

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Tags: Bureaucracy, Growth of Bureaucracy, Organizational Structure, Stewart's theories
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2021

Topic: Basic Management Functions

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BMF – Nov 2020 – L1 – SA – Q5 – Basic Management Functions

Identify the role that is NOT typically associated with junior managers and supervisors.

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BMF – MAY 2016 – L1 – SA – Q15 – Basic Management Functions

Multiple choice question on management's role in building successful teams.

You're reporting an error for "BMF – MAY 2016 – L1 – SA – Q15 – Basic Management Functions"

BMF – May 2016 – L1 – SA – Q10 – Basic Management Functions

This question evaluates the student's knowledge of Porter's Strategic Management Model and which element is not a part of it.

You're reporting an error for "BMF – May 2016 – L1 – SA – Q10 – Basic Management Functions"

BMF – May 2016 – L1 – SA – Q7 – Basic Management Functions

This question evaluates knowledge of the objective of market skimming as a pricing strategy.

You're reporting an error for "BMF – May 2016 – L1 – SA – Q7 – Basic Management Functions"

BMF – Nov 2014 – L1 – SB – Q5 – Basic Management Functions

Explain the concept of power and identify five sources of power for leaders in organizations.

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BMF – Nov 2014 – L1 – SA – Q19 – Basic Management Functions

Identify the type of plan that outlines the structure, resources, and objectives of a business.

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BMF – Nov 2014 – L1 – SA – Q6 – Basic Management Functions

Identifies the management function ensuring policies are followed.

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BMF – MAY 2015 – L1 – SA – Q13 – Basic Management Functions

Primary objective of strategic planning in business.

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BMF – May 2015 – L1 – SA – Q1 – Basic Management Functions

This question tests the understanding of the management function that ensures compliance with established policies and practices.

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BF – Nov 2015 – L1 – SA – Q16 – Basic Management Functions

Identifying how public sector strategy differs from private sector strategy.

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BF – Nov 2015 – L1 – SA – Q13 – Basic Management Functions

Identifying the term for superior performance relative to rivals.

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BF – Nov 2015 – L1 – SA – Q9 – Investment Decisions

dentifying what is NOT a feature of SWOT analysis.

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BF – Nov 2015 – L1 – SA – Q6 – Basic Management Functions

Identifying the term synonymous with management function.

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BF – Nov 2015 – L1 – SA – Q4 – Basic Management Functions

Identifying the exception among the advantages of decentralization.

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BMF – May 2018 – L1 – SB – Q1 – Basic Management Functions

Discusses types of rewards and benefits of management by objectives.

You're reporting an error for "BMF – May 2018 – L1 – SB – Q1 – Basic Management Functions"

BMF – May 2018 – L1 – SA – Q10 – Basic Management Functions

Understanding the managerial functions requiring leadership in planning, organizing, and communicating.

You're reporting an error for "BMF – May 2018 – L1 – SA – Q10 – Basic Management Functions"

BMF – May 2018 – L1 – SA – Q8 – Basic Management Functions

Identifying financial management-related tasks.

You're reporting an error for "BMF – May 2018 – L1 – SA – Q8 – Basic Management Functions"

BMF – May 2018 – L1 – SA – Q6 – Basic Management Functions

Determining the primary function in an innovation-focused company.

You're reporting an error for "BMF – May 2018 – L1 – SA – Q6 – Basic Management Functions"

BMF – Nov 2021 – L1 – SB – Q6A – Basic Management Functions

This question asks candidates to explain the technological business model and project management.

You're reporting an error for "BMF – Nov 2021 – L1 – SB – Q6A – Basic Management Functions"

BMF – Nov 2021 – L1 – SB – Q4C – Basic Management Functions

This question asks candidates to explain three reasons for the growth of bureaucracy as per Rosemary Stewart.

You're reporting an error for "BMF – Nov 2021 – L1 – SB – Q4C – Basic Management Functions"

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