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OM 4th Long Quiz
OM 4th Long Quiz
I. MULTIPLE CHOICE. INSTRUCTIONS: Read each item carefully and WRITE THE LETTER of the
correct answer IN CAPITAL LETTERS on the space provided before each number. NO
ERASURES ALLOWED. Use BLACK or BLUE ball pen onl
___________1. Which of the following best describes an economy which is in the Take-Off Stage?
A. Growing industries C. Diversification
B. Specialization D. Consumer-oriented
___________2. A static and primitive society where change is seen as a negative thing.
A. Transitional Stage C. Traditional Stage
B. Take Off D. Drive to Maturity
___________3. Modern technology and consumer durables is dominant and multiple industries in the
economy.
A. Transitional Stage C. Age of High Mass Consumption
B. Take Off D. Drive to Maturity
___________5. The “Industrial Revolution” that happened in Great Britain illustrates which stage of
economic development?
A. Transitional Stage C. Drive to Maturity
B. Take Off D. Age of Mass Consumption
___________7. All of the following, EXCEPT ONE, are the importance of planning. Which is the
exception?
A. Reduction of Uncertainty C. Discourages Innovation
B. Effective Control D. Better Utilization of Resources
___________8. Arguing during meetings and throwing questions at each other shows which nature of
planning?
A. Planning is pervasive. C. Planning contributes to objectives.
B. Planning is an intellectual process. D. Planning is flexible.
___________10. When planning, the organization must be open to different possibilities and situations
and should always be ready to adjust depending on the situation. Which nature of
planning is being described?
A. Planning is a continuous process.
B. Planning is the primary function of management.
C. Planning is an intellectual process.
D. Planning is flexible.
II. TRUE OR FALSE. On the space before each number, write the word TRUE if the statement below
states a fact, and FALSE if otherwise.
-oOo-
Prepared by:
_______________________________
Parent’s Signature over Printed Name