Management – Page 3

BMF – Nov 2020 – L1 – SA – Q18 – Business and Organizational Structures and Choices

Identify a key characteristic of a global company.

Question

One of the characteristics of a global company is that:
A. Management makes strategic decisions for each foreign market
B. Products are adapted to the requirements of the local market
C. Marketing is adapted in each country to suit the local culture
D. The value chain in each country of operation is optimised
E. The senior managers are likely to come from different countries

Answer

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Tags: Global Company, International Strategy, Management
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: NOV 2020

BMF – Nov 2020 – L1 – SA – Q2 – Business and Organizational Structures and Choices

Identify the option that is NOT one of the six inter-related elements of culture within an organisation.

Question

Which of the following is NOT one of the six inter-related elements of culture within an organisation?
A. Control systems
B. Size of the organisation
C. Stories and myths
D. Symbols
E. Routines and rituals

Answer

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Tags: Culture Elements, Management, Organizational Culture
Level: Level 1

Topic: Business and Organisational Structure
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 – Nov 2014 – L1 – SA – Q4 – Management, Individual, and Organizational Behavior

Identifies the disadvantage of decentralisation in management.

Question

The following are the 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: Decentralisation, Decision Making, Management, Organisational Structure
Level: Level 1

Topic: Management, Individual, and Organizational Behavior

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

BL – Nov 2015 – L1 – SA – Q5 – Company Law

Exercising shareholder rights to challenge company management.

Question

The right of a shareholder to challenge the management of a company may be exercised through
A. Refusal to pay salaries to members of the Management Board
B. Protests and placards at the venue of the Annual General Meeting
C. Withholding payment for the value of shares held in the company
D. Payment of taxes
E. Voting at a General Meeting

Answer

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Tags: Company Law, Management, Multiple Choice, Shareholders
Level: Level 1

Topic: Company Law
Series: NOV 2014

SCS – Nov 2019 – L3 – Q2c – Controlling risk

Recommend governance and organizational changes for Ghanalux to improve its performance.

Question

i) In response to the views of the company directors, and giving your reasons, recommend any changes to the governance and organization of Ghanalux that would benefit the performance of the company.
(8 marks)

Answer

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Tags: Governance, Management, Organization
Level: Level 3

Topic: Controlling Risk
Series: NOV 2019

SCS – Nov 2020 – L3 – Q1 – Strategy, stakeholders and mission

Explain how the mission statement of GGOH can be made relevant to the future success of the organization.

Question

A mission statement can have several different purposes. In reference to the mission statement of GGOH, explain how management can make it relevant to the future success of the organization. (10 marks)

Answer

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Tags: Business Objectives, Management, Mission Statement, Strategy, Success
Level: Level 3

Topic: Strategy, stakeholders, and mission
Series: NOV 2020

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 2017 – L1 – SB – Q2b – Business and Organizational Structures and Choices

Compares tall and flat organizational structures, explaining their definitions and disadvantages.

Question

Structures in organisations could be tall or flat.

i. Explain briefly what tall and flat organisational structures are. (2 Marks)

ii. Describe briefly THREE disadvantages each of flat and tall organisational structures.

Answer

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Tags: Business Efficiency, Hierarchical Structures, Management, Organizational Structures
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: MAY 2017

BMF – Nov 2019 – L1 – SA – Q9 – Basic Management Functions

Identifying a true characteristic of a leader

Question

Which of the following is true of a leader?
A. Maintenance
B. Obedience
C. Administration
D. Reliance on control
E. Focusing on systems and structures

Answer

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Tags: Leadership, Leadership Qualities, Management
Level: Level 1

Topic: Basic Management Functions
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q14 – Information Systems

This question asks to identify the communication method that groups all transmitted data into blocks.

Question

A network communication method that groups all transmitted data, irrespective of content, type, or structure into suitably-sized blocks is called:
A. Web log
B. Clustered
C. Internet hosting
D. Packet switching
E. Website hosting

Answer

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Tags: Communication Systems, Management, Networking, Packet Switching
Level: Level 1

Topic: Information Systems Development and Security
Series: NOV 2019

BMF – May 2017 – L1 – SA – Q17 – Basic Management Functions

Multiple-choice question on situations where it is difficult to measure qualitative performance in quantitative terms.

Question

17. Which of the following options best describes a case where it may be extremely difficult to measure qualitative performance in quantitative terms?

A. ‘High quality’
B. ‘Being the ‘best’
C. ‘Brand recognition’
D. ‘Better than competitors’
E. ‘Meeting customer needs’

Answer

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Tags: Management, Performance metrics, Qualitative Performance
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2017

MF – May 2017 – L1 – SA – Q8 – Basic Management Functions

Multiple-choice question on the role of the administration function within an organization.

Question

The administration function of an organisation is

A. Pollution control and waste disposal
B. Direct selling by sales executives
C. Ensuring compliance with regulations
D. Obtaining new funds from the financial markets
E. Delivering products to customers

Answer

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Tags: Administration, Management, Organizational functions
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2017

BMF – May 2017 – L1 – SA – Q6 – Basic Management Functions

Multiple-choice question on the advantages of decentralized decision-making in management.

Question

Decentralised decision-making is advantageous because
A. Managers at the head office are able to apply a corporate view of the entire business.
B. It gives senior managers greater control over business activities thereby allowing them to coordinate activities more effectively.
C. It is possible to use specialised management support teams for the whole organization.
D. It helps to develop junior managers with initiative and talents and prepare them for higher positions.
E. It is cheaper since fewer managers are needed.

Answer

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

Topic: Basic Management Functions
Series: MAY 2017

BL – MarJul 2020 – L1 – SA – Q5 – Company Law

Question assessing the role of a receiver/manager in managing the assets of an insolvent company.

Question

A person appointed by the secured creditors to manage the assets of an insolvent company is
A. Bailiff
B. Auctioneer
C. Debt Collector
D. Accounts Officer
E. Receiver/Manager

Answer

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Tags: Company Law, Insolvency, Management, Secured Creditors
Level: Level 1

Topic: Company Law
Series: MAR/JULY 2020

BMF – Mar July 2020 – L1 – SA – Q5 – Business and Organizational Structures and Choices

Identifying a non-advantage of divisional organizational structure

Question

The following are advantages of divisional organisational structure, EXCEPT that
A. Decision-making is usually quicker
B. Managers and employees with specialist knowledge and skills are developed
C. It avoids the risk of duplicating functions
D. Senior management are able to control a diverse and complex organisation
E. Organisation is capable of responding to new opportunities and new threats in the environment

Answer

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Tags: Divisional Structure, Management, Organizational Structure
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: MAR/JULY 2020

BMF – May 2024 – L1 – SB – Q5c – Basics of Business Finance and Financial Markets

Explanation of the disadvantages of Management by Objective (MBO).

Question

c. State TWO disadvantages of Management by Objective (MBO). (4 Marks)

Answer

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Tags: Disadvantages, Management, Management by Objectives, MBO
Level: Level 1

Topic: Basics of Business Finance and Financial Markets
Series: MAY 2024

BMF – May 2024 – L1 – SB – Q5b – Management, Individual, and Organizational Behavior

Explanation of the implications of expectancy theory for management.

Question

b. Explain briefly THREE implications of expectancy theory for management. (6 Marks)

Answer

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Tags: Expectancy Theory, Management, Motivation, Organizational Behavior
Level: Level 1

Topic: Management, Individual, and Organizational Behavior
Series: MAY 2024

Question Tag: Management

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BMF – Nov 2020 – L1 – SA – Q18 – Business and Organizational Structures and Choices

Identify a key characteristic of a global company.

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BMF – Nov 2020 – L1 – SA – Q2 – Business and Organizational Structures and Choices

Identify the option that is NOT one of the six inter-related elements of culture within an organisation.

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

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

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BMF – Nov 2014 – L1 – SA – Q4 – Management, Individual, and Organizational Behavior

Identifies the disadvantage of decentralisation in management.

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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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BL – Nov 2015 – L1 – SA – Q5 – Company Law

Exercising shareholder rights to challenge company management.

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SCS – Nov 2019 – L3 – Q2c – Controlling risk

Recommend governance and organizational changes for Ghanalux to improve its performance.

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SCS – Nov 2020 – L3 – Q1 – Strategy, stakeholders and mission

Explain how the mission statement of GGOH can be made relevant to the future success of the organization.

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

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

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BMF – May 2017 – L1 – SB – Q2b – Business and Organizational Structures and Choices

Compares tall and flat organizational structures, explaining their definitions and disadvantages.

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BMF – Nov 2019 – L1 – SA – Q9 – Basic Management Functions

Identifying a true characteristic of a leader

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MI – Nov 2019 – L1 – SA – Q14 – Information Systems

This question asks to identify the communication method that groups all transmitted data into blocks.

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BMF – May 2017 – L1 – SA – Q17 – Basic Management Functions

Multiple-choice question on situations where it is difficult to measure qualitative performance in quantitative terms.

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MF – May 2017 – L1 – SA – Q8 – Basic Management Functions

Multiple-choice question on the role of the administration function within an organization.

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BMF – May 2017 – L1 – SA – Q6 – Basic Management Functions

Multiple-choice question on the advantages of decentralized decision-making in management.

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BL – MarJul 2020 – L1 – SA – Q5 – Company Law

Question assessing the role of a receiver/manager in managing the assets of an insolvent company.

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BMF – Mar July 2020 – L1 – SA – Q5 – Business and Organizational Structures and Choices

Identifying a non-advantage of divisional organizational structure

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BMF – May 2024 – L1 – SB – Q5c – Basics of Business Finance and Financial Markets

Explanation of the disadvantages of Management by Objective (MBO).

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BMF – May 2024 – L1 – SB – Q5b – Management, Individual, and Organizational Behavior

Explanation of the implications of expectancy theory for management.

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