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Re: management and business quiz
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savio13
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Institute: St. Francis Institute of Management & Research
 
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Question Re: management and business quiz - June 17th, 2009

What does the accounting acronym FIFO mean?
First In First Out (a convention for writing down the balance sheet value of assets of the same type - oldest are written-off first)

Who wrote the Seven Habits of Highly Effective People?
Dr Stephen Covey

What does the SWOT stand for in SWOT analysis?
Strengths, Weaknesses, Opportunities, Threats

What are the 'Four Functional Types' within Carl Jung's theory?
Thinking, Feeling, Sensation, Intuition

According to the Tannenbaum and Schmidt theory relating to delegation and team development, what must be reduced in order for the team's area of freedom (and growth) to increase?
The manager's use of authority

What is psychometrics?
The science of measuring (or testing) personality type (or mental abilities)



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