Question : Case Study: XYZ Corporation
XYZ Corporation is a manufacturing company known for producing high-quality electronic devices. It is divided into three levels of management: top management, middle-level management, and lower-level management. The company's main objective is to expand its market reach and maintain a strong reputation for innovation and customer satisfaction.
XYZ Corporation's management team believes in empowering its employees to take initiatives and make decisions. This reflects the management principle of:
Option 1: Unity of direction
Option 2: Authority and responsibility
Option 3: Equity
Option 4: Initiative
Correct Answer: Initiative
Solution : The correct answer is (d) Initiative
Empowering employees to take initiatives and make decisions is in line with the management principle of initiative, which encourages and supports proactive and creative actions by employees. This principle emphasizes that employees should be encouraged to suggest improvements, take ownership of their work, and contribute to the organization's success by acting on their own ideas and innovations. It can lead to a more dynamic and responsive organization.
XYZ Corporation's management team focuses on creating a positive work environment and ensuring employee well-being. This reflects which objective of management?
Option 1: Economic objective
Option 2: Social objective
Option 3: Organizational objective
Option 4: Personal objective
The nature of management in XYZ Corporation is best described as:
Option 1: Static and unchanging
Option 2: Rigid and inflexible
Option 3: Dynamic and adaptive
Option 4: Autonomous and independent
The lower-level management in XYZ Corporation is responsible for:
Option 1: Implementing the plans and strategies of top management
Option 2: Developing long-term organizational goals
Option 3: Monitoring and evaluating employee performance
Option 4: Formulating the company's vision and mission
Which level of management is responsible for making decisions about the day-to-day operations of XYZ Corporation?
Option 1: Top management
Option 2: Middle-level management
Option 3: Lower-level management
Option 4: -
Which level of management in XYZ Corporation is responsible for supervising employees and ensuring they perform their tasks efficiently?
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