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Management Skills Test
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Avg score: 15% • Most missed: “Which of the following activities should not be outsourced?”

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Management Skills Test
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25 Questions

1. Budgetary control systems involve ______________.
2. If the financial year starts in January
3. Which of the listed management functions involves creating an environment where everyone works together to achieve the common goals of the organization?
4. 'Span of Control' relates to the ------------ .
5. Which of the following constitutes a fixed asset in a business?
6. Which of the following is not included in calculating working capital?
7. Which of the following is neither a cash in-flow nor cash out-flow?
8. Which of the following characterizes the difference between Managers and Leaders?
9. Which of the following represents the implementation of a 'Just-in-Time' production approach?
10. Which of the following characterise a 'differentiation'-based business model?1.High sales volume 2.High profit margin 3.Well-regarded brand 4.High-quality manufacture
11. Which of the following is not a financial statement?
12. The 'Principle of Order' applies to-------------- .
13. According to the team roles identified by Belbin
14. Which ratio shows an organization's effectiveness in minimizing production costs?
15. Which term refers to an internal framework for ensuring that an organization behaves responsibly?
16. Which of the following would help a company manufacture products to the standard required by the customer?
17. Which one of the following is not the function of Personnel Management?
18. Which of the following activities should not be outsourced?
19. Which of the following is an external source of recruitment?
20. Why does a business analyze its financial accounts to assess its solvency?
21. Selling stock not actually owned in the expectation that the price will fall is known as----------------------- .
22. In which order would the following strategic planning activities take place?1. Evaluating performance 2. Devising strategy 3. Documenting plans 4. Executing plans
23. A tool for evaluating organizational performance across the full range of a business is known as a 'balanced ________'.
24. Which of the following is not a function of a 'transactional' leader?
25. Which of the following is incorrect?

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