Management Activities | Practice Test / Quiz / MCQs

Home > Management 101 > Quizzes > Management Activities

Management Activities

Fast practice, instant feedback. Timer auto-submits when time’s up.

Avg score: 0% • Most missed: “Importance Of Credit Control”

Study First Challenge a Friend Stats

Management Activities

Time left 00:00

25 Questions

1. Enterprise Control

1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. Aim 2. Targets 3. Timeframe 4. Record And Compare Results 5. Corrective Actions1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition

2. Why Business Planning Is Important

1. Aim 2. Targets 3. Timeframe 4. Record And Compare Results 5. Corrective ActionsEnsures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)

3. Stock Control

1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionEnsures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. Aim 2. Targets 3. Timeframe 4. Record And Compare Results 5. Corrective Actions1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)

4. The Essential Elements Of Control

Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. Aim 2. Targets 3. Timeframe 4. Record And Compare Results 5. Corrective Actions1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition

5. Why Structure Is Important

1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. To Identify All The Tasks That Must Be Completed. 2. Ensure The Resources Are Available. 3. Ensure It Is Run Efficiently.1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition

6. Evaluation Of Credit Control

1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionEnables The Sales Manager To Be Proactive In Seeking New Customers - Confident That The Credit Controller Has Assessed The Risk Status. Positive Impact On Cash Flow - Working Capital And Net Profit.Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)

7. Operational Planning

Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.Involves Projecting Future Sales And Ensuring The Correct Quantity Of Goods Is Available. It Is Short-term Planning.1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition

8. Financial Control

Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.The Ongoing Monitoring Of The Financial Affairs Of A Business To Ensure That Its Cash Flow Position Is Adequate And In Line With Its Financial Budget So That It Can Pay All Its Bills When They Are Due. No Liquidity Problem.1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)

9. Strategic Planning

1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionLong-term Planning. Decided By The Board Of Directors And Implemented By The Managing Director. Primary Goal Is Profit.1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.

10. Matrix Organisational Structure

1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionUsed In Firms Involved With Specialised Products. Used By Big Construction Companies That Work On Two Big Projects At The Same Time.Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)

11. The Quality Mark

Firms Aim To Acquire It As It Represents A Stamp Of Quality Which Can Give Them A Competitive Advantage.1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionEnsures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.

12. Evaluation Of Stock Control

1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.Enables Business To Be Cost-effective With Its Purchases And Cash Flow Effective With Payments To Suppliers. Reduces Costs Making A Positive Contribution To Efficiency And Profits.

13. Credit Controller

1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionPerson Who Is Responsible For Keeping Control Of Debts And Ensuring That Debtors Pay On Time.1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.

14. Organising

Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionInvolves Ensuring There Is A Clear Structure Within The Firm To Facilitate The Smooth Running Of The Business.1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)

15. Benefits Of The Matrix Organisation Structure

1. Best Possible Use Made Of Specialist Skills Available In Each Department. 2. Projects Carried Out Efficiently.1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionEnsures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.

16. Span Of Control

1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionRelates To The Number Of Employees Who Report To One Supervisor Or Manager.Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)

17. Reservation Of Title

1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionEnsures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.This Means That The Seller Can Legally Repossess The Stock If The Retailer Does Not Pay For Them - If They Have Not Already Been Sold On To The Final Customer.

18. Swot Analysis

Examines The Internal Strengths And Weaknesses And The External Threats. Aim Is To Avail Of Future Opportunities Profitably. Helps Maximise Its Ability To Compete And Achieve The Main Aim-profit.1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition

19. Staff Authority

Shows What Function A Manager Has With Other Departments.Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition

20. Mission Statement

1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionGives The Reason The Business Was Set Up. A Statement Of Intent And Provides A Vision For The Future Direction.

21. Management Activities

1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition1. Planning 2. Organising 3. ControllingEnsures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.

22. Functions Of The Credit Controller

1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)1. Decide If Credit Should Be Given. 2. Review Credit Limits. 3. Ensure They Are Not Exceeded. 4. Ensure Reservation Of Title.5. Make Sure Customer Has A Written Copy (Length - Right To Charge Interest - Size)Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.

23. Why Do Firms Sell Goods On Credit

1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.1. To Attract Customers 2. Historical Reasons 3. Advantage Over Competitors 4. Increase Sales And Profits

24. Different Types Of Policies

1. Dividend Policy (How Much Of Profits In Dividends?) 2. Marketing Policy (Level Of Credit And Selling Price) 3. Capital Expenditure Policy(Machinery Paid For) 4. Stock Level Policy (Maximum/Minimum)1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce Competition1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)Ensures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.

25. Factors That Affect The Span Of Control

1. Finance (Profits And Cash Flow) 2. Production (Output Levels - Quality And Wastage) 3. Marketing (Sales - Credit - Complaints) 4. Stocks (Policy-purchasing Manager)1. Type Of Work (Simple=Wide - Difficult=Narrow) 2. Expertise Of Manager (Skilful=Supervise A Large Number) 3.Ability Of Employees (Skilled=Large) 4. Nature Of The Product (High-cost=Small)1. Dynamic Environment 2. Keep Up-to-date With Technology (Mass Production) 3. Make Decisions Based On Consumer Patterns Of Spending 4. Reduce CompetitionEnsures That Stock Levels Are Adequate To Meet The Needs Of Customers - While At The Same Time - Keeping Them To A Minimum. Reduces Storage And Admin Costs.

⚡ Recently practiced quizzes in this topic

Live quiz activity

Management Practice Test: The Management Environment Logistics Management Practice Test E-Supply Chains and Logistics Practice Test Management Practice Test: Foundations of Decision Making Business Relationship Management (BRM) Practice Test Questions Digital Business Practice Test Questions Penn Foster BUS 101 Introduction to Business Core Finance Questions Entrepreneurship Development Practice Test Production and Operations Management Practice Test Questions

25 Questions

❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | OSHA Basics Quiz | What Should We Know?
Privacy | Terms |

Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

25 Questions

❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | OSHA Basics Quiz | What Should We Know? Privacy | Terms |

Without work one finishes nothing. - Ralph Waldo Emerson© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | OSHA Basics Quiz | What Should We Know?
Privacy | Terms |

Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com