FALSE
Maslow’s Hierarchy of Needs Theory refers to physiological, ____, social, esteem, and self-actualization needs.
safety
management function that ensures the work performance of the organization’s members are in-line with the organization’s values and standards.
Controlling
_______ the process of attracting, training, developing, and maintaining an excellent workforce.
Human Resources Management (HRM)
________ an innovative, creative, risk-taking, and growth-oriented behavior that brings new opportunities for individuals/organizations to start a new business and produce new products that are beneficial to society
Entrepreneurship
Choosing of individuals to hire from a pool of qualified applicants is called ____.
_____ the interpersonal exchange of information and understanding among organization members. This may be verbal, non-verbal, formal, and informal.
COMMUNICATION
The control process involves establishing standards, measuring and reporting actual performance and comparing it with standards, and _________.
taking action
A_ _ _ _ _ _ _ _ _ _ is any system of attracting public notice to an event or the desirability of commercial products for sale.
Advertising
Small business is a business that has fewer than ____ to ____ workers
100 to 500
An interview where the interviewer asks the applicant to answer a set of prepared questions is called ____
Structure Interview
Early leadership theories include the following: Trait Theory which is based on a leader’s personal characteristic; and _____ which focuses on the leader’s conduct, and demeanor as a leader.
Behavioral Theory
Control techniques are either quantitative or ________.
This management function includes:
a. Overseeing the transformation process that changes resources into finished goods and
services;
b. Improvement of productivity and competitive advantage; and
c. Managing sequence of activities and information along the whole course of the value chain.
Operations Management
Business registration is a government requirement that orders new business owners to furnish government agencies with necessary information prior to legal operation of their business firm. The different types of business operations are _____, ______, _______, _________.
Single Proprietorship, Partnership, Corporation, Cooperative
There are three types of compensation: direct, indirect, and non-financial. benefits given by employers such as travel, educational, health benefits, and others falls under ______
INDIRECT
O_ _ _ _ _ _ _ _ _ _ _ _ _ C _ _ _ _ _ is any alteration of people structure or technology in organizations brought by external or internal forces which they encounter
Organizational Change
Types of Benchmarking a) strategic benchmarking compares various strategies and identifies the key strategic elements of success; b) operational benchmarking compares relative costs or possibilities for product differentiation; and c) ______ benchmarking focuses on support functions such as market planning and information systems, logistics, and human resource management, among others
management
______ _______ facilitates the choice of investments, financial policies, and operating mechanism of the organization to effectively achieve its goals and objectives
Financial Management
_____ ______ is defined as a business owned and financially controlled by members of the family.
Family business
A formal union of employee/workers that deal with employers, as the representative of workers in their pursuit of justice and fairness, and in their fight for their collective/common interests.
Labor Union
W_ _ _ _ _ _ _ _ _ D _ _ _ _ _ _ _ _ in an organization is inevitable, but it can be managed by encouraging employees to accept the organization’s culture and the differences in the workplace
Workplace Diversity
B_ _ _ _ _ _ are plans that monitor control and make use of the resource of the firm on its operation based on its objectives or goals.
Budgets
I_____ and C_____ T______ M_____ (ICTM) is the management of information and communication technology that collects, organizes and distributes data for the organization’s decision-making functions
Information and Communication Technology Management
The DTI administers R.A. 10644, otherwise known as the ________ R.A.10644 seeks to strengthen micro, small, and medium enterprises (MSMEs)to create job opportunities in the Philippines.
Go Negosyo Act