FBLA Business Management and Leadership 1 — Questions and Answers
Question 1: What are the four primary functions of management?
- Hire, train, evaluate, terminate
- Plan, organize, lead, control (Correct answer)
- Budget, market, sell, deliver
- Research, develop, produce, distribute
Correct answer: Plan, organize, lead, control
The four functions of management are planning, organizing, leading, and controlling — the POLC framework.
Question 2: What is 'span of control' in organizational management?
- The budget a manager oversees
- The number of employees a manager directly supervises (Correct answer)
- The geographic area a manager is responsible for
- The range of products a manager handles
Correct answer: The number of employees a manager directly supervises
Span of control refers to how many subordinates a manager directly supervises, which affects organizational structure.
Question 3: Which leadership style involves making decisions without consulting team members?
- Democratic
- Laissez-faire
- Autocratic (Correct answer)
- Transformational
Correct answer: Autocratic
An autocratic leader makes decisions unilaterally, maintaining strict control without seeking input from the team.
Question 4: What is 'delegation' in management?
- Firing an underperforming employee
- Assigning responsibility and authority to subordinates to complete tasks (Correct answer)
- Attending a conference on behalf of a company
- Approving a department's annual budget
Correct answer: Assigning responsibility and authority to subordinates to complete tasks
Delegation is the process of transferring tasks and decision-making authority from a manager to an employee.
Question 5: What does 'MBO' (Management by Objectives) emphasize?
- Micromanaging employee activities
- Setting specific, measurable goals agreed upon by managers and employees (Correct answer)
- Focusing on cost reduction above all else
- Rewarding seniority over performance
Correct answer: Setting specific, measurable goals agreed upon by managers and employees
MBO is a management strategy where managers and employees collaboratively set specific objectives and evaluate performance against them.
Question 6: What is 'organizational culture'?
- The diversity of a company's workforce
- The shared values, beliefs, and behaviors that define how a company operates (Correct answer)
- The physical layout of a company's office
- A company's holiday celebration traditions only
Correct answer: The shared values, beliefs, and behaviors that define how a company operates
Organizational culture encompasses the shared norms, values, and behaviors that shape how employees interact and make decisions.
FBLA Business Management and Leadership 1
What are the four primary functions of management?