Principles and Practices of Management -4

Principles and Practices of Management - 23

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer
Question
One of the external environment factors that influences Management is
Correct Answer
Legal
Your Answer
Legal

Multiple Choice Single Answer
Question
In addition to Place, Labor and Money which other internal environment
Factor influences Management?
Correct Answer
Machines
Your Answer
Machines

Multiple Choice Multiple Answer
Question
Name the physical aspects of an enterprise.
Correct Answer
Name , Location , Address
Your Answer
Name , Manpower , Address

Multiple Choice Single Answer
Question
What is it that in communication should not be done in vacuum, instead other
people should be consulted.
Correct Answer
planning
Your Answer
planning

Multiple Choice Multiple Answer
Question
Certain important motivational techniques are
Correct Answer
Monetary incentives , Job-based techniques , MBO techniques
Your Answer
Security technique , Monetary incentives , MBO techniques

Multiple Choice Multiple Answer
Question
The concept of SBU includes
Correct Answer
unrelated products and businesses that are separated , the fact that each
SBU has its own CEO , a scientific method of grouping the business
Your Answer
unrelated products and businesses that are separated , the fact that each
SBU has its own CEO , a scientific method of grouping the business

True/False
Question
Decision-making is a primary part of the managerial process.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Of which type of knowledge is science a body of?
Correct Answer
Organized
Your Answer
Assimilated

Multiple Choice Multiple Answer
Question
Types of degree of delegations are:
Correct Answer
Low degree , Moderate degree , High degree
Your Answer
Low degree , Moderate degree , High degree

True/False
Question
The unorganized sector is mainly concentrated in metropolitan cities.
Correct Answer
False
Your Answer
False

True/False
Question
Learning organizations should imitate a task force.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Learning organizations must cope with challenge and
Correct Answer
uncertainty
Your Answer
uncertainty

Select The Blank
Question
LPG stands for liberalization, ________ and globalization.
Correct Answer
Privatization
Your Answer
Privatization

Match The Following
Question
Correct Answer
Your Answer

Empathy
It is a component of leadership due to the rapid pace of globalisation
It is a component of leadership due to the rapid pace of globalisation

Social effectiveness
This component allows you to settle disputes amicably
This component allows you to settle disputes amicably

Alfred Bennet
He is the father of intelligence quotient
He is the father of intelligence quotient

Daniel Goleman
He is an American Behavioural Scientist
He is an American Behavioural Scientist

Multiple Choice Multiple Answer
Question

Every company undertakes the process of forecasting by various competent
authorities which can be listed as
Correct Answer
CII , RBI , CMIE
Your Answer
CII , RBI , CMIE

Multiple Choice Single Answer
Question
Management is not just a
Correct Answer
Process
Your Answer
Process

Select The Blank
Question
The concept of value and the concept of maximization of value are related
to________concept of Ethics.
Correct Answer
Consequentialism
Your Answer
Consequentialism

Select The Blank
Question
Events are occurrences designed for ________ interests.
Correct Answer
marketing
Your Answer
marketing

Multiple Choice Single Answer
Question
Management is purposeful and what?
Correct Answer
Goal oriented
Your Answer
Goal oriented

Multiple Choice Single Answer
Question
Management is the combination of Arts, Science and
Correct Answer
Profession
Your Answer
Profession

Multiple Choice Single Answer
Question
Management is
Correct Answer
Multidisciplinary
Your Answer
Multidisciplinary

Select The Blank
Question
General Insurance corporation was nationalized in________.
Correct Answer
1972
Your Answer
1972

True/False
Question
Planning and control are closely interrelated and they do not determine the
accuracy of decision-making.
Correct Answer
False
Your Answer
False

True/False
Question
There are three central ideas associated with consequentialism.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Name one of the factors that govern the span of management.
Correct Answer
Type of work
Your Answer
Type of work

Multiple Choice Multiple Answer
Question
Retailing categories based on ownership arrangement would be
Correct Answer
Super Markets , Consumer Durables Stores , Departmental Stores
Your Answer
Super Markets , Consumer Durables Stores , Departmental Stores

Multiple Choice Single Answer
Question
Science is a body of which type of Knowledge?
Correct Answer
Organized
Your Answer
Assimilated

True/False
Question
Peter Drucker various publications have sold about 5 -6 million copies
worldwide.
Correct Answer
True
Your Answer
True

Select The Blank
Question
Latest approach signifies organization has a part of ________ system.
Correct Answer
Social
Your Answer
Social

Select The Blank
Question
Necessity of control in business organisation arises due to number of
factors, one of which is ________ of organisations themselves.
Correct Answer
complexity
Your Answer
complexity

Multiple Choice Single Answer
Question
Which of the options best describes the employment capacity of the retailing
sector? It is the
Correct Answer
second largest employer after agriculture
Your Answer
second largest employer after agriculture
Select The Blank
Question
________organizations have systems, mechanisms and processes in place.
Correct Answer
Learning
Your Answer
Learning

True/False
Question
Indian business families are still avoiding joint ventures and tie-ups.
Correct Answer
False
Your Answer
False

Select The Blank
Question
Under the principles of effective delegation, it is said that never delegate
and ________.
Correct Answer
Disappear
Your Answer
Disappear

True/False
Question
In principle the chairman and the CGO have the same role to play.
Correct Answer
False
Your Answer
True

True/False
Question
Valency is the extent to which the outcome of the activity and its success
matters to the individual . (Level of motivation = Valency x Expectancy)
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Advantages of delegation of authority would be:
Correct Answer
Prompt decision making , Opportunity to subordinates to grow and develop ,
Satisfaction to subordinates in terms of recognition
Your Answer
Prompt decision making , Opportunity to subordinates to grow and develop ,
Satisfaction to subordinates in terms of recognition

Multiple Choice Single Answer
Question
A business unit must meet specific criteria, if it wants to be called an
SBU. These are
Correct Answer
Definable group of competitors
Your Answer
Definable group of competitors

Multiple Choice Single Answer
Question
What does Maslow propound about the five needs ?
Correct Answer
Hierarchy
Your Answer
Hierarchy

Multiple Choice Single Answer
Question
Name the technique which is said to be a ploy or a future course of action.
Correct Answer
Strategy
Your Answer
Strategy

Select The Blank
Question
________ is the ability to sense, understand and effectively apply emotion.
Correct Answer
Emotional Intelligence
Your Answer
Emotional Quotient

Multiple Choice Single Answer
Question
Who built the first practical mechanical calculator and predicted the
specialization of mental work?
Correct Answer
Charles Babbage
Your Answer
Charles Babbage

Match The Following
Question
Correct Answer
Your Answer

Management and Leadership studies
Value based management
Swami Budhananda

Maharshi Institute of Management
Eighteen centres in India and Abroad
Eighteen centres in India and Abroad

Amritanandamayi Math's centre
Dr. S.K. Chakraborty
Value based management

Indian Vedanta Philosophy
Swami Budhananda
Dr. S.K. Chakraborty

Multiple Choice Multiple Answer
Question
Some of the public insurance companies are
Correct Answer
LIC , Oriental Insurance , General Insurance
Your Answer
LIC , Oriental Insurance , General Insurance

True/False
Question
Focus on savings and high bargaining interests of the consumer is an
obstacle in retail development in India.
Correct Answer
True
Your Answer
True

Select The Blank
Question
Brands are associated with lifestyles and people's________.
Correct Answer
aspirations
Your Answer
aspirations

Multiple Choice Single Answer
Question
Management is
Correct Answer
Creative
Your Answer
Creative

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Labels: Principles and Practices of Management (Set VIII)

Principles and Practices of Management - 22

 LIST OF ATTEMPTED QUESTIONS AND ANSWERS

 Multiple Choice Multiple Answer
  Question 
The external environmental factors that influence management are
  Correct Answer 
Economic , Political , Technological
  Your Answer 
Economic , Political , Technological

 True/False
  Question 
Event management has to pay only entertainment tax not the service tax.
  Correct Answer 
False
  Your Answer 
False

 Multiple Choice Single Answer
  Question 
Name the service which has two prime necessities like co-ordination and
infiltration.
  Correct Answer 
Staff
  Your Answer 
Staff

 Select The Blank
  Question 
________ decisions relate to the day to day operations of the enterprise
generally taken by middle and lower level management.
  Correct Answer 
Operative
  Your Answer 
Organisational

 Multiple Choice Single Answer
  Question 
Successful consultants should promote their consultancy through what ?
  Correct Answer 
Network
  Your Answer 
Network

 True/False
  Question 
Decision-Making is a process of making a choice of poor alternatives.
  Correct Answer 
False
  Your Answer 
False

 Select The Blank
  Question 
MBO was invented by ________.
  Correct Answer 
Peter Drucker
  Your Answer 
Peter Drucker

 Multiple Choice Single Answer
  Question 
Profession requires definite period of what?
  Correct Answer 
Learning
  Your Answer 
Practice

 Multiple Choice Multiple Answer
  Question 
Barriers to delegation of authority would be :
  Correct Answer 
Lack of trust in subordinates , Fear of loosing status by managers ,
Over-confidence among managers
  Your Answer 
Lack of trust in subordinates , Prompt decision making , Over-confidence
among managers

 Multiple Choice Single Answer
  Question 
Organization is apart of which type of system?
  Correct Answer 
Social
  Your Answer 
Scientific

 Multiple Choice Multiple Answer
  Question 
David C Mc Celland identified three motives those are
  Correct Answer 
Affiliation , Power , Achievement
  Your Answer 
Affiliation , Power , Achievement

 Multiple Choice Multiple Answer
  Question 
International consultancy is said to be
  Correct Answer 
Glamorous , Challenging , Trendy
  Your Answer 
Glamorous , Challenging , Reliant

 Select The Blank
  Question 
Failure to give ________ to goal setters is a weakness of MBO.
  Correct Answer 
guidelines
  Your Answer 
guidelines

 True/False
  Question 
Management is the combination of Arts,Science and Profession.
  Correct Answer 
True
  Your Answer 
True

 Select The Blank
  Question 
Under the types of motivators, non-financial motivators are encouragement,
freedom ________.
  Correct Answer 
recognition
  Your Answer 
recognition

 Multiple Choice Single Answer
  Question 
Who said, the heart of administration is the directing function.
  Correct Answer 
Dimock
  Your Answer 
Dimock

 True/False
  Question 
Management is that important process which continues till the objectives set
by the administrator are actually achieved.
  Correct Answer 
True
  Your Answer 
False

 True/False
  Question 
Communication is a composite (a) information given and received (b) a
listening effort by some of them involved.
  Correct Answer 
False
  Your Answer 
True

 Multiple Choice Multiple Answer
  Question 
A vision statement should have the following components
  Correct Answer 
ability to inspire people , achievable , precise and objective
  Your Answer 
ability to inspire people , achievable , precise and objective

 Multiple Choice Single Answer
  Question 
One of the key features of services is that they are
  Correct Answer 
intangible
  Your Answer 
non-perishable

 Select The Blank
  Question 
The process of control is complete only when the organisation take ________
action.
  Correct Answer 
corrective
  Your Answer 
effective

 Multiple Choice Multiple Answer
  Question 
The factors coming under philosophy of scientific management are:
  Correct Answer 
Co-operation , Maximum output , Harmony
  Your Answer 
Co-operation , Maximum output , Harmony

 Multiple Choice Single Answer
  Question 
Who is the most effective person are alike in one crucial way, they all have
a high degree of emotional intelligence.
  Correct Answer 
Entrepreneur
  Your Answer 
Entrepreneur

 Multiple Choice Multiple Answer
  Question 
The activities of the communicator while communicating a message will
include,
  Correct Answer 
ideation , encoding , transmission
  Your Answer 
encoding , response , transmission

 Multiple Choice Multiple Answer
  Question 
Features of Management are as follows
  Correct Answer 
goal oriented , universal , continuous process
  Your Answer 
goal oriented , universal , continuous process

 Multiple Choice Single Answer
  Question 
Professional managers help organizations in chalking out which type of
strategies?
  Correct Answer 
Corporate
  Your Answer 
Corporate

 Select The Blank
  Question 
________provides a corporate responsibility and it is the application of a
proven and systematic body of knowledge.
  Correct Answer 
Profession
  Your Answer 
Management

 True/False
  Question 
Management as a discipline needs certificate of practice.
  Correct Answer 
False
  Your Answer 
False

 Multiple Choice Multiple Answer
  Question 
For most hi-tech service industries the major components are
  Correct Answer 
Infrastructure , Knowledge , labour
  Your Answer 
Infrastructure , Knowledge , Information technology

 Match The Following
Question
Correct Answer
Your Answer

Management
Creative
Dynamic

Professional Manager
Dynamic
Profession

Art
Skill
Science

Code of Conduct
Profession
Creative

Predictive Power
Science
Skill

 True/False
  Question 
Science is a body of organized knowledge
  Correct Answer 
True
  Your Answer 
True

 Select The Blank
  Question 
A superior should always establish a ________ control so that his
subordinates report to him periodically.
  Correct Answer 
Feedback
  Your Answer 
Appropriate

 Multiple Choice Single Answer
  Question 
It is said that communication is a meaningful
  Correct Answer 
interaction
  Your Answer 
interaction

 Multiple Choice Single Answer
  Question 
What does the insurance company compensate for if and when the event insured
against an incident occurs?
  Correct Answer 
Losses
  Your Answer 
Losses

 Multiple Choice Single Answer
  Question 
Management exists at which levels of the organization?
  Correct Answer 
All
  Your Answer 
All

 True/False
  Question 
The Indian consumer does not see shopping as an end in itself.
  Correct Answer 
False
  Your Answer 
True

 True/False
  Question 
Retailers cannot just take their global retailing formats and try to
transpose them onto the India scenario.
  Correct Answer 
True
  Your Answer 
True

 Multiple Choice Single Answer
  Question 
One of the factors which learning organizations possess is a climate of
openness and the other factor is
  Correct Answer 
trust
  Your Answer 
trust

 Multiple Choice Single Answer
  Question 
It is one of the good control system which not only points out the
deviations but also pinpoints them where they are important to its
operations is
  Correct Answer 
Focus on strategic points
  Your Answer 
Focus on strategic points

 True/False
  Question 
Profession needs certificate of practice
  Correct Answer 
True
  Your Answer 
False

 True/False
  Question 
'Span of control' is also referred to as span of management.
  Correct Answer 
True
  Your Answer 
True

 True/False
  Question 
Learning from mistakes is often more powerful than learning from success.
  Correct Answer 
True
  Your Answer 
True

 Multiple Choice Single Answer
  Question 
The philosophy of Vedanta is compared to which animal in the dream of the
person, who wakes the dreamer and makes you realise your self discovered
reality.
  Correct Answer 
Lion
  Your Answer 
Lion

 Select The Blank
  Question 
The statement "We sell for Less" is deliberately ambiguous, it raises the
question; 'Less than what', this is called as, ________ to communication.
  Correct Answer 
Semantic barrier
  Your Answer 
Semantic barrier

 True/False
  Question 
The theory of Bureaucracy was first propounded by Henry L.Gantt.
  Correct Answer 
False
  Your Answer 
True

 Match The Following
Question
Correct Answer
Your Answer

Making sense of situations
organizing information and thoughts
organizing information and thoughts

Creativity
brainstorming, associating ideas
embedding new knowledge into mental models

Inquiry
interviewing, seeking information
interviewing, seeking information

Making choices
deciding courses of actions
deciding courses of actions

 Select The Blank
  Question 
Learning from mistakes is often more powerful than learning from________.
  Correct Answer 
Success
  Your Answer 
Success