861. A situation in which an organization is not implementing valuable strategies that are being implemented by competing organization is called:
A. Competitive disadvantage
B. Distinctive competencies
C. Competitive edge
D. Competitive parity

862. Which of the following term is defined as a business firm’s obligation, beyond that required by law and economics, to pursue long-term goals that are good for society?
A. Social obligation
B. Social responsibility
C. Social screening
D. Values-based management

863. Feed Back of ____ is necessary to improve the quality of the product.
A. Customers
B. Employees
C. Investors
D. All of these

864. Which of the following is the accountability for the achievement of objectives, the use of resources, and the adherence to organizational policy?
A. Power
B. Responsibility
C. Authority
D. Planning

865. Which management theory focuses on managing the total organization?
A. Scientific management
B. Administrative management
C. Behavioral management
D. Quantitative management

866. The process of monitoring performance, comparing it with goals and correcting any significant deviations is known as:
A. Planning
B. Organizing
C. Leading
D. Controlling

867. Mr. A is a Manager on XYZ company; he has a reputation for being an open and honest person and understands how to motivate employees and customers, he said to have good____________ skills.
A. Sales
B. Political
C. Interpersonal
D. Technical

868. Someone who works with and through other people by coordinating their work activities to accomplish organizational goals is called:
A.A Very intelligent: Individual
B. A Supervisor of Production Work
C. A Manager
D. An operation Supervisor

869. SWOT analysis divides organizational strength into two categories; Common strength and______
A. Strategic imitation
B. Competitive Parity
C. Distinctive Competencies
D. Threats

870. The Continues line if authority that extends from the upper level of management to the lowest levels of the organization is called:
A. Authority line of responsibility
B. Unity of Commerce
C. Responsibility factor
D. Chain of command