Monday, June 23, 2008

Business Law - 4

Interview Questions http://mindgrillQ.blogspot.com




Question
Consideration can not be a past consideration.
Correct Answer
False
Question
The following types of companies are required to have their own articles
Correct Answer
Unlimited companies , Companies limited by guarantee , Private companies limited by shares
Question
When the person to whom the proposal is made signifies his assent thereto, the proposal is said to be ________.
Correct Answer
accepted
Question
An agreement to sell takes place in the case of existing goods or specific goods.
Correct Answer
False
Question
Specific goods are those which are identified and agreed upon at the time of a contract of sale is made.
Correct Answer
True
Question
As per S.2(1) (f) of the Consumer Protection Act, defect means any ________ in the quality of goods
Correct Answer
shortcoming
Question
The membership of the association of company shall cease on the dissolution of the firm.
Correct Answer
True
Question
There can not be any partnership where a business is carried on
Correct Answer
With a benevolent purpose , Where any one of the patterns is entitled to total profit earned.
Question
Selection committee for the appointment of the District Forum consists of
Correct Answer
President of the State Commission , Secretary of the Law Dept. of the state
Question
There are two types or kinds of capital of a company, i.e. owned capital and borrowed capital.
Correct Answer
True
Question
The directors of a company have to file their consent with the ________ to act as director.
Correct Answer
registrar
Question
Unpaid seller's right to stop the goods in transit arises only when the buyer is ________
Correct Answer
Bankrupt
Question
A ________ is an artificial person and has a legal entity.
Correct Answer
Company
Question
The companies having Articles are
Correct Answer
Unlimited Company , Company limited by guarantee , Company limited by shares
Question
Issued capital can be defined as the ________ of shares which are offered to the public for subscription.
Correct Answer
nominal value
Question
Partnership is based on ________
Correct Answer
faith
Question
The ingredients of the proposal are
Correct Answer
communication by one to another , to do or to abstain from doing something , the object should be to take assent of another
Question
Following are the conditions needed to prove an act of a partner is an act of a partnership firm
Correct Answer
such a act be done in a ordinary course of a partnership firm , it must be related to the business of the firm , act must have been done in the name and on behalf of the firm
Question
An agent was instructed by his principal to insure the goods, but he neglected to insure the goods. As a result, the principal had to suffer the loss. Who is responsible for the loss ?
Correct Answer
agent
Question
A Consumer has the following rights
Correct Answer
To get the education of the availability of legal remedies , Seek redressal against unfair trade practices , To be informed about quality, quantity, potency, purity, standard and price of goods
Question
Following persons can not be called partners
Correct Answer
minors , insolvents , co-owners without the agreement to carry on the business
Question
There can not be any partnership where a business is carried on
Correct Answer
with a benevolent purpose , where any one of the partners is entitled to total profit earned
Question
In the right of lien, the possession is retained by
Correct Answer
Unpaid seller
Question
The Indian Contract Act, 1872, does not cover all those duties which are not ________ in nature.
Correct Answer
contractual
Question
An unregistered firm can institute a suit against
Correct Answer
wrongful use of the trade mark , wrongful use of the firm name
Question
Following are the persons who cannot enter into partnership firm
Correct Answer
A Burmese Buddhist husband and wife carrying on business , the members of Hindu Undivided Family carrying on Family business
Question
During the continuance of the firm, a transfer by a partner of his interest is the first restricts the transferee to
Correct Answer
inspect the books of the firm , require accounts , interfere in the conduct of a business of a firm
Question
There are certain limitations to the principle of ratification which are
Correct Answer
where the principal does not have full knowledge at the fact , where the act to be ratified is illegal or void , where the ratification is not done within a reasonable time
Question
In an appeal to the National Commission the appellant shall submit
Correct Answer
Six copies of memorandum
Question
the vacancies arising from designation of the members of the Central Council shall be filled from the same category by the
Correct Answer
Central Government
Question
Where the partners agree to carry on the business for a definite period of time, the partnership is said to be
Correct Answer
for a fixed period
Question
In contract of sale the buyer becomes
Correct Answer
Absolute owner of the property
Question
In contract of sale
Correct Answer
ownership in the property is passed from the seller to the buyer.
Question
A Promissory Note contains conditional undertaking to pay a certain sum of money.
Correct Answer
False
Multiple Choice Single Answer
Question
A public company doesn't have its own articles of association, it may adopt
Correct Answer
Table A as given in schedule-1
Question
Following are the elements which constitute a partnership
Correct Answer
there must be a contract regarding a partnership , there must be an association of two or more persons
Question
Correct Answer
Your Answer
Minor Partner
Admitted for profits only
Admitted for profits only
Dissolution of a Partnership
Death or Insanity of the partners
Death or Insanity of the partners
Firm
Partners
Partners
Partner
Agents of the firm
Agents of the firm
Partnership
Can be formed at Will
Can be formed at Will
Question
The corporate veil under the Companies Act may be lifted in the following instances
Correct Answer
To investigate the real ownership of shares , To investigate the names and members of the company , To investigate whether the company is sham
Question
A club or a society is an ________ of persons
Correct Answer
association
Question
A partner is called as an outgoing partner by
Correct Answer
retirement , death , expulsion
Question
Correct Answer
Your Answer
Any person who for the consideration becomes the possessor of a promissory note
Holder in due course
Holder in due course
Negotiating Negotiable Instruments so as to bind all, except himself
A minor
A minor
A partner accepting Negotiable Instrument
Implied authority
Implied authority
A person who can't accept or indorse a bill
An insolvent
An insolvent
Question
Services rendered by the Post and Telephone Department are covered by the Consumer Protection Act, 1986
Correct Answer
True
Question
The meaning of the term “Caveat Emptor” is
Correct Answer
let the buyer beware
Question
A company can sue and also be sued by
Correct Answer
In its corporate name
Question
When the property in goods is transferred from the seller to the buyer at once, the contract is called
Correct Answer
A Sale
Question
If any ________ is present while forming the agency then the relationship of agency becomes contractual.
Correct Answer
consideration

Question
"I promise to pay Mr.John Rs.500/- seven days after my marriage with Miss Lucy" is a promissory note.
Correct Answer
False

Strategic Management - 10

Interview Questions at http://mindgrillQ.blogspot.com
True/False
Question
Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer
True
Your Answer
False

Multiple Choice Multiple Answer
Question
Different kinds of information systems are
Correct Answer
Operational level system , Knowledge level system , Management level system
Your Answer
Knowledge level system , Management level system , Operational level system

Select The Blank
Question
________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer
Traditional
Your Answer
Traditional

Multiple Choice Single Answer
Question
It is the most important feature in the implementation of strategic management
Correct Answer
leadership
Your Answer
leadership

Multiple Choice Single Answer
Question
The discipline which deals with what is good and bad and which moral obligation is
Correct Answer
Ethics
Your Answer
Ethics

Multiple Choice Single Answer
Question
Strategic management is concerned with
Correct Answer
long- range planning
Your Answer
long- range planning

Multiple Choice Single Answer
Question
Horizontal integration is concerned with
Correct Answer
product lines
Your Answer
product lines

Multiple Choice Multiple Answer
Question
The major issues of appraisal system are
Correct Answer
Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Your Answer
Factors of appraisal , Procedure of appraisal , Individual appraisal

Multiple Choice Single Answer
Question
Contractual entry modes are
Correct Answer
licensing / franchising
Your Answer
licensing / franchising

Match The Following
Question
Correct Answer
Your Answer
Executive summary
Synopsis of marketing plan
Synopsis of marketing plan
Line Managers Responsibility
Ensuring Implementation of marketing actions
Taking decisions regarding efficient and effective allocation of resources
Middle- level Managers
Ensuring proper tactical changes
Ensuring proper tactical changes
Top level Executives
Taking decisions regarding efficient and effective allocation of resources
Marketing goals

Multiple Choice Single Answer
Question
General Electric Matrix is divided into how many cells
Correct Answer
9
Your Answer
4

Match The Following
Question
Correct Answer
Your Answer
Comparative analysis is
historical analysis
value chain analysis
Benchmarking is
competitive analysis
competitive analysis
Michael Hammer & James Chapy
Reengineering
Reengineering
GDP stands for
gross domestic product
gross domestic product

Multiple Choice Multiple Answer
Question
The reasons for acquisition are
Correct Answer
Increased market power , Increased diversification , Increased speed to market
Your Answer
Increased market power , Increased diversification , Encourage excessive competition

Multiple Choice Multiple Answer
Question
These following factors determine the desire of risk
Correct Answer
Strategies , Resources
Your Answer
Resources , Competence , Time , Strategies

True/False
Question
Arranging training program on productivity is a strategic decision.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
Critical resources in the emerging information age are
Correct Answer
Information , Expertise , Intelligence
Your Answer
Capital , Information , Expertise

Multiple Choice Multiple Answer
Question
Factors determining HRP (Human Resource Planning )
Correct Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Your Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

Multiple Choice Single Answer
Question
Core purpose
Correct Answer
mission
Your Answer
mission

Multiple Choice Single Answer
Question
Mission
Correct Answer
philosophy, public image
Your Answer
target

Select The Blank
Question
Japan's major productivity gains are the results of social changes brought about by ________
Correct Answer
Statistical quality control
Your Answer
Michael Porter's model for Industry Analysis

Select The Blank
Question
Displacing competitor is ________ category of goal.
Correct Answer
common enemy
Your Answer
competitive

True/False
Question
The super structure indicates ways in which company's tasks are integrated or coordinated
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Competenncy models reveal three types of capabilities
Correct Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient
Your Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient

Multiple Choice Multiple Answer
Question
Program is a combination of
Correct Answer
goals , policies , procedures
Your Answer
goals , policies , corporate strategy

Multiple Choice Multiple Answer
Question
The various models of social responsibility are
Correct Answer
Austere Model , Vendors Model , Civic Model
Your Answer
Austere Model , Vendors Model , Inner Model

Select The Blank
Question
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.
Correct Answer
Self-awareness
Your Answer
Emotional quotient

True/False
Question
Change in company structure from divisional to matrix also mean changes in the systems in various degrees
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
These people are primarily responsible for operating control based on budgeting, reporting and financial analysis
Correct Answer
Company secretary , Auditor , Financial controller
Your Answer
Company secretary , Auditor , Financial controller

Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
SWOT analysis

Select The Blank
Question
Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer
core competence
Your Answer
core competence

Multiple Choice Single Answer
Question
Retrenchment strategy means
Correct Answer
contraction of business activities
Your Answer
contraction of business activities

Multiple Choice Single Answer
Question
It indicates the degree of differentiation
Correct Answer
Structure
Your Answer
Style

Select The Blank
Question
Bajaj started manufacturing of sunny is an example of ________.
Correct Answer
concentration strategy
Your Answer
global strategy

Multiple Choice Multiple Answer
Question
market research is conducted by
Correct Answer
by employees , by research agencies , by consultants
Your Answer
by employees , by research agencies , by consultants

True/False
Question
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
Correct Answer
True
Your Answer
True

True/False
Question
Acquisitions which are friendly are termed as "take-overs".
Correct Answer
False
Your Answer
False

True/False
Question
Companies have strenghts in a number of areas but their key strength are few in number
Correct Answer
True
Your Answer
True

True/False
Question
Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer
vision
Your Answer
policy

Multiple Choice Single Answer
Question
A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is
Correct Answer
Supply chains
Your Answer
Supply chains

Multiple Choice Multiple Answer
Question
Harveststrategy is used for
Correct Answer
Dogs , Question marks
Your Answer
Question marks , Stars , Cash cowsCash cowsc

Multiple Choice Single Answer
Question
The tool used for decision making in 'A range of futures' scenario is
Correct Answer
Technology forecasting
Your Answer
Analogies and pattern recognition

Multiple Choice Multiple Answer
Question
A Company's strategy
Correct Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate

Select The Blank
Question
________ relationships are effective in communicating complex information
Correct Answer
Personal
Your Answer
Formal

Multiple Choice Single Answer
Question
Strategic management is mainly the responsibility of
Correct Answer
Top Management
Your Answer
Top Management

Select The Blank
Question
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.
Correct Answer
Co-ordination
Your Answer
Co-ordination

True/False
Question
Under functional strategics we have vertical fit & horizontal fit.
Correct Answer
True
Your Answer
True

Strategic Management - 9

Interview Questions at http://mindgrillq.blogspot.com
Multiple Choice Single Answer
Question
The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routined & can be done at a junior level are
Correct Answer
operational decisions
Your Answer
operational decisions

Multiple Choice Single Answer
Question
Strategic management is concerned with
Correct Answer
long- range planning
Your Answer
long- range planning

Multiple Choice Single Answer
Question
Mass media includes
Correct Answer
radio, TV, internet etc.
Your Answer
customer & dealers

Multiple Choice Multiple Answer
Question
What is Statistical Quality Control(SQC)
Correct Answer
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Your Answer
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy

Select The Blank
Question
ETOP stands for ________.
Correct Answer
environmental threat & opportunity profile
Your Answer
environmental threat & opportunity profile

Select The Blank
Question
ETOP stands for ________.
Correct Answer
environmental threat & opportunity profile
Your Answer
environmental threat & opportunity profile

Multiple Choice Multiple Answer
Question
The various areas covered by social responsibility are
Correct Answer
Inner Circle , Intermediate circle , Outer Circle
Your Answer
Inner Circle , Outer Circle , Middle Circle

Select The Blank
Question
________ is the drive to achieve beyond one's expectations
Correct Answer
Motivation
Your Answer
Inspiration

Multiple Choice Single Answer
Question
They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications
Correct Answer
Board of director
Your Answer
External auditor

True/False
Question
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
The decisions which are applied to structured or routine problems are
Correct Answer
programmed decisions
Your Answer
programmed decisions

Multiple Choice Single Answer
Question
CAP related to internal appraisal of firm stands for
Correct Answer
competitive advantage profile
Your Answer
competitive advantage profile

Multiple Choice Multiple Answer
Question
Factors to be considered in political- legal environmental scanning are
Correct Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export

Multiple Choice Single Answer
Question
Denominator management
Correct Answer
cost reduction
Your Answer
cost reduction

True/False
Question
Counterfeiter copy but with a difference that can be seen.
Correct Answer
False
Your Answer
True

True/False
Question
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Strategic management is mainly the responsibility of
Correct Answer
Top Management
Your Answer
Top Management

Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
product performance analysis

Multiple Choice Single Answer
Question
This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments
Correct Answer
Reserve the right to play
Your Answer
Reserve the right to play

Select The Blank
Question
________ and greater accountability replace formal control.
Correct Answer
Self-discipline
Your Answer
Co-operation

True/False
Question
Macro environment has got immediate impact on business.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
Three important managerial qualities required for the effective strategic management
Correct Answer
Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer
Conceptual, human & intellectual skills , Decision making ability , communication skills

True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers
Correct Answer
Adapters
Your Answer
Adapters

Multiple Choice Multiple Answer
Question
Attack strategies are
Correct Answer
frontal attack , flank attack , encirclement attack
Your Answer
frontal attack , flank attack , Enrichment attack

Multiple Choice Multiple Answer
Question
Merger takes place
Correct Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates
Your Answer
between a buyer and a seller , to increase growth rates , to end rivalry between the two

Multiple Choice Multiple Answer
Question
Principles to manage strategic alliances are
Correct Answer
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Your Answer
clarity in strategy & responsibilities , blending cultures

Select The Blank
Question
________ identifies the impact of any change on performance
Correct Answer
Statistical quality control
Your Answer
Statistical quality control

Multiple Choice Multiple Answer
Question
The Hallmarks for self-regulation are
Correct Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
Your Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness

Match The Following
Question
Correct Answer
Your Answer
Ballast business
Fit well but low opportunities
Fit well but low opportunities
Gap analysis
Difference between desired and projected performance
Difference between desired and projected performance
Corporate parenting
Managing SBU's by a corporate
Managing SBU's by a corporate
Heartland business
Give the highest priority
Give the highest priority

True/False
Question
Standards of performance act as the benchmark against which the actual performance is compared.
Correct Answer
True
Your Answer
True

True/False
Question
Change in company's strategy gives rise to problems necessitating a new structure to be made
Correct Answer
True
Your Answer
False

Select The Blank
Question
Modern Accounting uses ________ as a unit of measure
Correct Answer
Time
Your Answer
Possession

Multiple Choice Single Answer
Question
Corporate strategy ensures
Correct Answer
fit between the firm and its environment
Your Answer
fit between the firm and its environment

True/False
Question
Divestiture is opposed to diversification.
Correct Answer
False
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
Marketing a product
Mass segmentation
Product formulated
Environmental Analysis
Social, Political, legal & technology
Social, Political, legal & technology
Swot Analysis
Matching, converting, minimizing & avoiding strategies
Availability of resources
Marketing strategy
Life cycle considerations
Product formulated

Multiple Choice Single Answer
Question
It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments
Correct Answer
departmentation
Your Answer
policy framing

Multiple Choice Multiple Answer
Question
Factors to be considered while deciding candidates for divestiture are
Correct Answer
taxes , availability of buyers , market reaction
Your Answer
taxes , availability of buyers , willingness of employees

Select The Blank
Question
________ is a modern plant consisting of modules centered around a stage in the production process
Correct Answer
Flotilla concept
Your Answer
Flotilla concept

Multiple Choice Multiple Answer
Question
An unhealthy portfolio has
Correct Answer
More dogs , Few stars
Your Answer
More dogs , Few stars

Multiple Choice Multiple Answer
Question
Strategic intent
Correct Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Your Answer
obsession with an organization , what the organization strives for. , concept of optimization

True/False
Question
The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer
False
Your Answer
False

Select The Blank
Question
________ should have the ability to develop a visionto see patterns into the future.
Correct Answer
Leaders
Your Answer
Inspectors

Multiple Choice Single Answer
Question
Financial environment is concerned with
Correct Answer
demand & supply of money, capital markets
Your Answer
demand & supply of money, capital markets

Multiple Choice Multiple Answer
Question
The control process requires the following types of information
Correct Answer
Planned performance , Variances , Reasons
Your Answer
Planned performance , Variances , Motivation

Select The Blank
Question
Strategic evaluation determines the effectiveness of ________
Correct Answer
Strategy
Your Answer
Strategy

Multiple Choice Multiple Answer
Question
Various phases of Growth are
Correct Answer
Creativity , Delegation , Co-ordination
Your Answer
Creativity , Delegation , Co-ordination

Strategic Management - 8

True/False
Question
The key principle of moral management is "Can we make money with this action decision or behaviour"?
Correct Answer
False
Your Answer
False

Select The Blank
Question
A hardware manufacture enters into software is an example of ________integration.
Correct Answer
vertical ( forward )
Your Answer
horizontal

Multiple Choice Multiple Answer
Question
The preparation of ETOP involves
Correct Answer
dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
Your Answer
dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.

Multiple Choice Single Answer
Question
The strategies which deal with the relative and restricted function for allocation of resources is
Correct Answer
Funcational streategies
Your Answer
Funcational streategies

Multiple Choice Multiple Answer
Question
Techniques used in environmental appraisal are
Correct Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

Multiple Choice Multiple Answer
Question
supplier & technological environment is concerned with
Correct Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
internal analysis

Multiple Choice Single Answer
Question
The decisions which are applied to structured or routine problems are
Correct Answer
programmed decisions
Your Answer
programmed decisions

Multiple Choice Multiple Answer
Question
These following factors determine the desire of risk
Correct Answer
Strategies , Resources
Your Answer
Strategies , Resources , Competence

Multiple Choice Single Answer
Question
In SWOT , S stands for
Correct Answer
favorable condition in the organization's environment.
Your Answer
potentials and competencies of organization.

Multiple Choice Single Answer
Question
Financial environment is concerned with
Correct Answer
demand & supply of money, capital markets
Your Answer
demand & supply of money, capital markets

Multiple Choice Multiple Answer
Question
Harveststrategy is used for
Correct Answer
Dogs , Question marks
Your Answer
Dogs , Question marks

True/False
Question
Timing of measurement before hand serves the purpose of evaluation.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Degree to which the decision maker is accountable for the outcomes of the decision is
Correct Answer
accountability
Your Answer
accountability

True/False
Question
Systems are formal and informal rules and regulations that complements the company structure
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the
Correct Answer
Environment Protection Act
Your Answer
Environment Protection Act

True/False
Question
Change in company structure from divisional to matrix also mean changes in the systems in various degrees
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
They are ultimately responsible for all the administrative aspects of strategic evaluation and control
Correct Answer
Chief executive
Your Answer
External auditor

Multiple Choice Single Answer
Question
This portfolio involves major capital investments which will result in either large pay offs or large losses
Correct Answer
Big bets
Your Answer
Big bets

True/False
Question
Getting new users is a position defense strategy.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is
Correct Answer
Receivables planning
Your Answer
Taxation planning

Match The Following
Question
Correct Answer
Your Answer
Board of Directors
Link between company & external environment
Link between company & external environment
Profit centers
S.B.U. s
S.B.U. s
S.B.U.s are more focused on their
Product line/business
Product line/business
Manufacturing strategy
Productivity
Productivity

True/False
Question
Macro environment has got immediate impact on business.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
Three important managerial qualities required for the effective strategic management
Correct Answer
Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer
Conceptual, human & intellectual skills , Decision making ability , Vision

Select The Blank
Question
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.
Correct Answer
Operational level systems
Your Answer
Operational level systems

Multiple Choice Multiple Answer
Question
Money is invested by way of
Correct Answer
Debt , Equity
Your Answer
Debt , Risk , Equity

True/False
Question
Numerator may bring short-term results, but there may be serious long-term sacrifices.
Correct Answer
False
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
4 Ps are
Product, Price, Place, Promotion
Product, Price, Place, Promotion
Sources of funds
Factor leading to financial capability
Factor leading to financial capability
The retrieval and usage of information
Factor leading to Information Management Capability
Factor leading to Information Management Capability
The Personnel System
Factor leading to Personnel Capability
Factor leading to Personnel Capability

Multiple Choice Multiple Answer
Question
The culture of a company is conveyed through
Correct Answer
Rites , Myths , Rituals
Your Answer
Rites , Myths , Rituals

Select The Blank
Question
In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.
Correct Answer
Delegation
Your Answer
Delegation

True/False
Question
Micro environment is the internal environment of a company.
Correct Answer
False
Your Answer
False

True/False
Question
Style of a company are the patterns of actions taken by members of top management over a period of time
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Business is rated on which dimensions
Correct Answer
Market attractiveness , Business strength
Your Answer
Market attractiveness , Business strength , Competition level

Multiple Choice Single Answer
Question
It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour
Correct Answer
Culture
Your Answer
Culture

True/False
Question
According to Michael Porter, the core of efficiency management is strategy.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
These people are primarily responsible for operating control based on budgeting, reporting and financial analysis
Correct Answer
Company secretary , Auditor , Financial controller
Your Answer
Company secretary , Auditor , Financial controller

Multiple Choice Multiple Answer
Question
Factors to be considered in political- legal environmental scanning are
Correct Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export

Multiple Choice Single Answer
Question
W in SWOT stands for
Correct Answer
inherent inadequacy of organization
Your Answer
inherent inadequacy of organization

Multiple Choice Multiple Answer
Question
Factors encouraging joint ventures are
Correct Answer
uneconomical separate existence , risk of business gets shared , sharing competence of each other
Your Answer
uneconomical separate existence , risk of business gets shared , sharing competence of each other

Multiple Choice Single Answer
Question
It refers to formal and informal rules, regulations and procedures that complements the company structure
Correct Answer
Systems
Your Answer
Systems

Multiple Choice Single Answer
Question
It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected events
Correct Answer
Emergency alert contriol
Your Answer
Emergency alert contriol

Select The Blank
Question
Control should involve________ amount of information.
Correct Answer
Minimum
Your Answer
Minimum

True/False
Question
Macro environment has got immediate impact on business.
Correct Answer
False
Your Answer
True

Select The Blank
Question
________ models can be described as a system that describe how pieces of business fit together.
Correct Answer
Business
Your Answer
Business

Select The Blank
Question
Economics of scale requires ________.
Correct Answer
high market share
Your Answer
high market share

Multiple Choice Single Answer
Question
Financial environment is concerned with
Correct Answer
demand & supply of money, capital markets
Your Answer
demand & supply of money, capital markets

Multiple Choice Multiple Answer
Question
They have time based utility
Correct Answer
Goals , Resources
Your Answer
Employess , Resources

Strategic Management - 7

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Multiple Choice Single Answer
Question
Vertical integration is concerned with
Correct Answer
supply chain
Your Answer
supply chain

True/False
Question
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
Correct Answer
True
Your Answer
True

True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
False

True/False
Question
All policies are 'statements'
Correct Answer
False
Your Answer
False

Match The Following
Question
Correct Answer
Your Answer
Rely on short term assessment
Barrier in evaluation
Audit and Executive committee
Premise control
Identifies key assumptions
Identifies key assumptions
Emergency alert control evaluation
Type of strategic control
Control
Strategic evaluation
Effectiveness of strategy
Effectiveness of strategy

Select The Blank
Question
Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer
core competence
Your Answer
core competence

Multiple Choice Multiple Answer
Question
Critical resources in the emerging information age are
Correct Answer
Information , Expertise , Intelligence
Your Answer
Information , Expertise , Intelligence

Multiple Choice Single Answer
Question
It enables the strategists to take corrective action at the right time
Correct Answer
Premise control
Your Answer
Premise control

Multiple Choice Multiple Answer
Question
Criteria for making an evaluation are
Correct Answer
Consistency with goals , Consistency with environment , Money
Your Answer
Consistency with goals , Consistency with environment , Money

Multiple Choice Multiple Answer
Question
Attack strategies are
Correct Answer
frontal attack , flank attack , encirclement attack
Your Answer
frontal attack , flank attack , encirclement attack

Multiple Choice Multiple Answer
Question
Core ideology
Correct Answer
core values , core purpose
Your Answer
core values , core purpose

Multiple Choice Multiple Answer
Question
Performance is affected by
Correct Answer
Distorted resource allocation , Inappropriate structure , Wrong motivational styles
Your Answer
Distorted resource allocation , Inappropriate structure , Wrong motivational styles

True/False
Question
Analysis of variances leads to a plan for corrective action
Correct Answer
True
Your Answer
True

True/False
Question
Standards of performance act as the benchmark against which the actual performance is compared.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Macro environment
Correct Answer
Political- legal , socio-cultural , economic-demographic
Your Answer
Political- legal , socio-cultural , economic-demographic , technology

Multiple Choice Multiple Answer
Question
Program is a combination of
Correct Answer
goals , policies , procedures
Your Answer
goals , policies , procedures

Select The Blank
Question
Displacing competitor is ________ category of goal.
Correct Answer
common enemy
Your Answer
common enemy

True/False
Question
Counterfeiter copy but with a difference that can be seen.
Correct Answer
False
Your Answer
False

Select The Blank
Question
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.
Correct Answer
internal transformation
Your Answer
target

Select The Blank
Question
GATT stands for ________.
Correct Answer
general agreement on trade & tariff
Your Answer
global agreement on trade & taxes

Multiple Choice Multiple Answer
Question
Strategic intent
Correct Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Your Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.

Multiple Choice Single Answer
Question
Investment entry mode are
Correct Answer
joint venture/independent ventures/subsidiaries
Your Answer
joint venture/independent ventures/subsidiaries

Multiple Choice Multiple Answer
Question
The reasons for acquisition are
Correct Answer
Increased market power , Increased diversification , Increased speed to market
Your Answer
Increased market power , Increased diversification , Increased speed to market

Multiple Choice Multiple Answer
Question
The Hallmarks for self-regulation are
Correct Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
Your Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness

True/False
Question
Reciprocal responsibility means equal blames and credit.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routined & can be done at a junior level are
Correct Answer
operational decisions
Your Answer
operational decisions

Multiple Choice Multiple Answer
Question
The various areas covered by social responsibility are
Correct Answer
Inner Circle , Intermediate circle , Outer Circle
Your Answer
Inner Circle , Intermediate circle , Outer Circle

Select The Blank
Question
Make or buy decision is related with ________strategy.
Correct Answer
vertical ( backward ) integration
Your Answer
vertical ( backward ) integration

Multiple Choice Single Answer
Question
General Electric Matrix is divided into how many cells
Correct Answer
9
Your Answer
9

Multiple Choice Multiple Answer
Question
The various models of social responsibility are
Correct Answer
Austere Model , Vendors Model , Civic Model
Your Answer
Austere Model , Vendors Model , Civic Model

Select The Blank
Question
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.
Correct Answer
role model
Your Answer
role model

Multiple Choice Single Answer
Question
Denominator management
Correct Answer
cost reduction
Your Answer
cost reduction

Multiple Choice Single Answer
Question
A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is
Correct Answer
Supply chains
Your Answer
Supply chains

Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
internal analysis

Multiple Choice Multiple Answer
Question
market research is conducted by
Correct Answer
by employees , by research agencies , by consultants
Your Answer
by employees , by research agencies , by consultants

Select The Blank
Question
________ is a modern plant consisting of modules centered around a stage in the production process
Correct Answer
Flotilla concept
Your Answer
Flotilla concept

True/False
Question
Companies have strenghts in a number of areas but their key strength are few in number
Correct Answer
True
Your Answer
True

True/False
Question
Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Horizontal integration is concerned with
Correct Answer
product lines
Your Answer
product lines

True/False
Question
Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer
False
Your Answer
False

True/False
Question
Three C's affecting today's companies are customer, competition & change
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Mass media includes
Correct Answer
radio, TV, internet etc.
Your Answer
radio, TV, internet etc.

True/False
Question
Focused company is generally protected from competition.
Correct Answer
True
Your Answer
False

Select The Blank
Question
Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer
Standardisation
Your Answer
Standardisation

Multiple Choice Single Answer
Question
T in SWOT, refers to
Correct Answer
unfavorable conditions in external environment.
Your Answer
unfavorable conditions in external environment.

Match The Following
Question
Correct Answer
Your Answer
Market follower are
Imitator
Imitator
Horizontal integration means
Additional product/service for same customers
Additional product/service for same customers
Vertical forward integration means
Becoming your own customer
Becoming your own customer
Position defense means
Fortification around one's territory
Fortification around one's territory

Multiple Choice Multiple Answer
Question
Organizational models are
Correct Answer
multinational model , international model , global organizational model
Your Answer
multinational model , international model , global organizational model

Strategic Management - 6

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Select The Blank
Question
Factors leading to personnel capability are________.
Correct Answer
IR, OB
Your Answer
IR, OB

Multiple Choice Multiple Answer
Question
market research is conducted by
Correct Answer
by employees , by research agencies , by consultants
Your Answer
by employees , by research agencies , by consultants

Multiple Choice Single Answer
Question
Retrenchment strategy means
Correct Answer
contraction of business activities
Your Answer
contraction of business activities

Multiple Choice Single Answer
Question
The discipline which deals with what is good and bad and which moral obligation is
Correct Answer
Ethics
Your Answer
Ethics

Select The Blank
Question
The benefits of a change in process are defined in terms of ________ cost savings
Correct Answer
Labour
Your Answer
Labour

Multiple Choice Single Answer
Question
An approach that strives to follow ethical principles and percepts is
Correct Answer
Moral management
Your Answer
Moral management

Match The Following
Question
Correct Answer
Your Answer
vertical forward integration means
becoming your own customer
becoming your own customer
horizontal integration means
additional product/service for same customers
additional product/service for same customers
vertical backward integration means
becoming your own supplier
becoming your own supplier
strategic alliances means
two or more entities join hands for mutual benefit.
two or more entities join hands for mutual benefit.

Multiple Choice Single Answer
Question
Strategic management deals with
Correct Answer
Business process
Your Answer
Business process

Select The Blank
Question
Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer
Time
Your Answer
Time

Multiple Choice Single Answer
Question
A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is
Correct Answer
CRM
Your Answer
CRM

True/False
Question
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices.
Correct Answer
False
Your Answer
False

Select The Blank
Question
________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer
Traditional
Your Answer
Traditional

True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
Three important managerial qualities required for the effective strategic management
Correct Answer
Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer
Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Multiple Answer
Question
Techniques used in environmental appraisal are
Correct Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

Multiple Choice Single Answer
Question
At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy
Correct Answer
Operational evaluation
Your Answer
Implementation evaluation

Multiple Choice Single Answer
Question
Corporate strategy ensures
Correct Answer
fit between the firm and its environment
Your Answer
Easy availability of resources

Multiple Choice Single Answer
Question
Core purpose
Correct Answer
mission
Your Answer
mission

Multiple Choice Single Answer
Question
CAP related to internal appraisal of firm stands for
Correct Answer
competitive advantage profile
Your Answer
competitive advantage profile

True/False
Question
The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer
False
Your Answer
False

True/False
Question
Micro environment is the internal environment of a company.
Correct Answer
False
Your Answer
False

True/False
Question
Acquisitions which are friendly are termed as "take-overs".
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Mission
Correct Answer
philosophy, public image
Your Answer
philosophy, public image

Select The Blank
Question
________ identifies the impact of any change on performance
Correct Answer
Statistical quality control
Your Answer
Statistical quality control

True/False
Question
Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer
vision
Your Answer
vision

Select The Blank
Question
Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer
Psychologists
Your Answer
Psychologists

Multiple Choice Single Answer
Question
They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications
Correct Answer
Board of director
Your Answer
Board of director

True/False
Question
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Associated external agencies means
Correct Answer
channel members, customers, suppliers etc.
Your Answer
channel members, customers, suppliers etc.

Match The Following
Question
Correct Answer
Your Answer
Benchmarking is
competitive analysis
historical analysis
Michael Hammer & James Chapy
Reengineering
Reengineering
GDP stands for
gross domestic product
gross domestic product
Comparative analysis is
historical analysis
competitive analysis

True/False
Question
Excelling in one market guarantees success in a new.
Correct Answer
False
Your Answer
False

Multiple Choice Multiple Answer
Question
Various phases of Growth are
Correct Answer
Creativity , Delegation , Co-ordination
Your Answer
Creativity , Delegation , Co-ordination

Multiple Choice Single Answer
Question
Knowledge of the relationships between choices, environment & outcomes is
Correct Answer
familiarity
Your Answer
familiarity

Multiple Choice Single Answer
Question
Strategic management is mainly the responsibility of
Correct Answer
Top Management
Your Answer
Top Management

Multiple Choice Multiple Answer
Question
How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer
Research and planning , Forecasting
Your Answer
Research and planning , Forecasting

Select The Blank
Question
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.
Correct Answer
Self-awareness
Your Answer
Self-awareness

Select The Blank
Question
The ________ are distinct little business set up as units in a larger company
Correct Answer
Strategic business Units
Your Answer
Strategic business Units

Multiple Choice Multiple Answer
Question
What is Statistical Quality Control(SQC)
Correct Answer
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Your Answer
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur

Multiple Choice Multiple Answer
Question
How does 'structure' reduce internal uncertainity arising out of human behaviour
Correct Answer
Control mechanism , Departmentalisation
Your Answer
Control mechanism , Departmentalisation , Specialisation

Multiple Choice Multiple Answer
Question
Factors determining HRP (Human Resource Planning )
Correct Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Your Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

Multiple Choice Single Answer
Question
Strategic management is concerned with
Correct Answer
long- range planning
Your Answer
long- range planning

Select The Blank
Question
Factors leading to personnel capability are________.
Correct Answer
IR, OB
Your Answer
IR, OB

True/False
Question
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Contractual entry modes are
Correct Answer
licensing / franchising
Your Answer
licensing / franchising

True/False
Question
Arranging training program on productivity is a strategic decision.
Correct Answer
False
Your Answer
False

Multiple Choice Multiple Answer
Question
Merger takes place
Correct Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates
Your Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates

Strategic Management - 5

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer
Question
In SWOT , S stands for
Correct Answer
favorable condition in the organization's environment.
Your Answer
Strategy

Select The Blank
Question
Control should involve________ amount of information.
Correct Answer
Minimum
Your Answer
Maximum

Multiple Choice Single Answer
Question
It enables the strategists to take corrective action at the right time
Correct Answer
Premise control
Your Answer
Strategic surveillance

Match The Following
Question
Correct Answer
Your Answer
Maintain strategy
stable environment
diversification
Market follower are
imitator
bypass attack
Market challenger are
bypass attack
imitator
Turnaround strategy
V.R.S.
differentiation

Select The Blank
Question
Displacing competitor is ________ category of goal.
Correct Answer
common enemy
Your Answer
competitive

Match The Following
Question
Correct Answer
Your Answer
Marketing a product
Mass segmentation
Availability of resources
Environmental Analysis
Social, Political, legal & technology
Life cycle considerations
Swot Analysis
Matching, converting, minimizing & avoiding strategies
Product formulated
Marketing strategy
Life cycle considerations
Mass segmentation

True/False
Question
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Core purpose
Correct Answer
mission
Your Answer
strategy

Multiple Choice Single Answer
Question
A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is
Correct Answer
CRM
Your Answer
CRM

True/False
Question
Three C's affecting today's companies are customer, competition & change
Correct Answer
True
Your Answer
True

True/False
Question
The super structure indicates ways in which company's tasks are integrated or coordinated
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Retrenchment strategy means
Correct Answer
contraction of business activities
Your Answer
contraction of business activities

Multiple Choice Multiple Answer
Question
How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer
Research and planning , Forecasting
Your Answer
Research and planning , Forecasting , Division of labour

Select The Blank
Question
Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer
core competence
Your Answer
core competence

True/False
Question
The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer
False
Your Answer
False

Multiple Choice Multiple Answer
Question
market research is conducted by
Correct Answer
by employees , by research agencies , by consultants
Your Answer
by employees , by research agencies , by consultants

True/False
Question
Excelling in one market guarantees success in a new.
Correct Answer
False
Your Answer
False

Multiple Choice Multiple Answer
Question
The preparation of ETOP involves
Correct Answer
dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
Your Answer
dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.

Multiple Choice Single Answer
Question
This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers
Correct Answer
Adapters
Your Answer
Options

Multiple Choice Multiple Answer
Question
The various models of social responsibility are
Correct Answer
Austere Model , Vendors Model , Civic Model
Your Answer
Austere Model , Vendors Model , Civic Model

True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
False

True/False
Question
Micro environment is the internal environment of a company.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments
Correct Answer
Reserve the right to play
Your Answer
Reserve the right to play

Multiple Choice Multiple Answer
Question
Measures to take corrective action
Correct Answer
Checking performance , Reformulate strategies , Standard check
Your Answer
Checking performance , Formulate plans , Standard check

Multiple Choice Multiple Answer
Question
Critical resources in the emerging information age are
Correct Answer
Intelligence , Information , Expertise
Your Answer
Information , Expertise , Intelligence

Multiple Choice Multiple Answer
Question
The various areas covered by social responsibility are
Correct Answer
Inner Circle , Intermediate circle , Outer Circle
Your Answer
Inner Circle , Intermediate circle , Outer Circle

Select The Blank
Question
________ relationships are effective in communicating complex information
Correct Answer
Personal
Your Answer
Personal

True/False
Question
The key principle of moral management is "Can we make money with this action decision or behaviour"?
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routined & can be done at a junior level are
Correct Answer
operational decisions
Your Answer
operational decisions

Select The Blank
Question
Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer
core competence
Your Answer
core competence

Multiple Choice Single Answer
Question
Export entry modes are
Correct Answer
direct/indirect export
Your Answer
direct/indirect export

Multiple Choice Single Answer
Question
It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour
Correct Answer
Culture
Your Answer
Class

Multiple Choice Multiple Answer
Question
The culture of a company is conveyed through
Correct Answer
Rites , Myths , Rituals
Your Answer
Myths

True/False
Question
Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer
False
Your Answer
True

Select The Blank
Question
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.
Correct Answer
Operational level systems
Your Answer
Operational level systems

Multiple Choice Multiple Answer
Question
Competenncy models reveal three types of capabilities
Correct Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient
Your Answer
Technical skills , Cognitive skills , Integrity

Select The Blank
Question
Brush your teeth twice a day is an example of expanding the total market by________.
Correct Answer
more usage
Your Answer
more usage

Select The Blank
Question
________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer
Traditional
Your Answer
Mathematical

True/False
Question
Systems are formal and informal rules and regulations that complements the company structure
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
They have time based utility
Correct Answer
Goals , Resources
Your Answer
Goals , Resources

Multiple Choice Multiple Answer
Question
Limitations of Traditional cost accounting are
Correct Answer
Assumes factory as an isolated entity , It measures only the cost of producing
Your Answer
Assumes factory as an isolated entity , It measures only the cost of producing

Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
SWOT analysis

Multiple Choice Multiple Answer
Question
Niche marketing means
Correct Answer
end user specialist , specific customer specialist , geographic specialist
Your Answer
end user specialist , specific customer specialist , research specialist

Select The Blank
Question
________ is seen as an integral process that converts materials into goods
Correct Answer
Systems
Your Answer
Statistical quality control

Multiple Choice Single Answer
Question
They are ultimately responsible for all the administrative aspects of strategic evaluation and control
Correct Answer
Chief executive
Your Answer
Board of directors

Select The Blank
Question
In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.
Correct Answer
Delegation
Your Answer
Direction

Multiple Choice Single Answer
Question
Associated external agencies means
Correct Answer
channel members, customers, suppliers etc.
Your Answer
channel members, customers, suppliers etc.

Tuesday, June 10, 2008

Software Engineering and Project Management - 1

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer
Question A set of activities ensure that software correctly implements a specific function is called as software:-
Correct Answer Verification
Your Answer Validation

Select The Blank
Question ________ testing confirms that the needs and requirements are fulfilled in the development environment.
Correct Answer Alpha
Your Answer Alpha

Multiple Choice Single Answer
Question An Activity that has a definite Start and a definite end is termed as ?
Correct Answer Project
Your Answer Project

Multiple Choice Multiple Answer
Question Architecture Design Consists of:-
Correct Answer Module Structure , Program Structure , Hierarchy in the Structure
Your Answer Module Structure , Program Structure , Hierarchy in the Structure

Multiple Choice Multiple Answer
Question The Customer Requirements could be analyzed by:-
Correct Answer Interviewing , Questionnaire , Meeting with Key Users
Your Answer Interviewing , Questionnaire , Meeting with Key Users

Select The Blank
Question In the ________ model data elements are organized in tree structure in parent-child format.
Correct Answer Hierarchical
Your Answer Hierarchical

Multiple Choice Multiple Answer
Question System Testing Techniques are :-
Correct Answer Alpha Test , Beta Test
Your Answer Alpha Test , Beta Test

True/False
Question Stress Testing is a part of Integration testing.
Correct Answer False
Your Answer False

Multiple Choice Multiple Answer
Question The Examples of Business Software are
Correct Answer Payroll ,Accounting, , Inventory , customer Relation Management
Your Answer Payroll ,Accounting, , Inventory , customer Relation Management

Multiple Choice Single Answer
Question A system for the support of software development is called
Correct Answer Computer Aided Software Engineering
Your Answer Computer Aided Software Engineering

Multiple Choice Single Answer
Question At the beginning testing focuses on each component individually, ensuring that it function properly as a unit or not this is termed as:-
Correct Answer Unit Testing
Your Answer Unit Testing

True/False
Question Risk which can be known is termed as unpredictable risk.
Correct Answer False
Your Answer False

True/False
Question Recovery testing focuses on the Cost Recovery Plan of the Software Implemented.
Correct Answer False
Your Answer False

Select The Blank
Question A ________ arises due to uncertainties involved in assessing, estimating various inputs to the software process.
Correct Answer Process Risk
Your Answer Process Risk

True/False
Question Black Box testing Finds out Missing Functions & Interface Errors.
Correct Answer True
Your Answer True

True/False
Question SE is applied for software development through Engineering Methods
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer
Question Legacy software -Poor quality has
Correct Answer Inextensible design , Convoluted Code , Poor or nonexistent documentation
Your Answer Inextensible design , Convoluted Code , Poor or nonexistent documentation

Match The Following
Question Correct Answer Your Answer

Performance Management Efficiency & Effectiveness Efficiency & Effectiveness

Relational Model Data Management With Ease Data Management With Ease

E-R Diagrams Strong & Weak Entities Strong & Weak Entities

Normalization Table Design Table Design


Multiple Choice Single Answer
Question A System is one that is self contained and self reliant:-
Correct Answer Closed System
Your Answer Closed System

Select The Blank
Question ________ type of an error is class I error and needs corrective measures to be implemented immediately.
Correct Answer Fatal
Your Answer Fatal

Select The Blank
Question ________ is characterized by longetivity and business criticality
Correct Answer Legacy Software
Your Answer Legacy Software

Select The Blank
Question The objective of a ________ is to test for what we want to achieve and not what is actually achieved.
Correct Answer Test Plan
Your Answer Test Plan

True/False
Question System testing Starts when Software Integration is about to be completed.
Correct Answer False
Your Answer False

Multiple Choice Single Answer
Question A set of activities ensure that the software that has been built is traceable to customer requirements:-
Correct Answer Validation
Your Answer Validation

Multiple Choice Single Answer
Question A Design which reduces system complexity , and offers better understanding of the system and its components Behavior is :-
Correct Answer Effective Modular Design
Your Answer Effective Modular Design

Multiple Choice Single Answer
Question What is the tool which enforces consistency in naming the entities across the system?
Correct Answer Data Dictionary
Your Answer Data Dictionary

Multiple Choice Single Answer
Question A process to commit the organisation to start the project and complete the project document providing a broad spectrum of the project is :-
Correct Answer Project Initiation
Your Answer Project Initiation

Multiple Choice Multiple Answer
Question The next development in software engineering is
Correct Answer The use of tool generate the code , The extensive use od CASE tool for analysis and design , The use of Component technology
Your Answer The use of tool generate the code , The extensive use od CASE tool for analysis and design , The use of Component technology

Multiple Choice Multiple Answer
Question Testing a Design Includes:-
Correct Answer Test Procedures , Test Plans , Design Renew Plans
Your Answer Test Procedures , Test Plans , Design Renew Plans

Match The Following
Question Correct Answer Your Answer

Development of the Software Software Programs Software Programs

Corrective Maintenance Maintenance

Process, Tools & Methods Software Engineering Layers Software Engineering Layers

Requirement Specifications Definition Phase Definition Phase


Multiple Choice Multiple Answer
Question Project Risk Management Includes:-
Correct Answer Risk Avoidance , Risk Mitigation , Risk Prevention
Your Answer Risk Prevention , Risk Avoidance , Risk Mitigation

True/False
Question SRS is one of the cause of not meeting the SQA.
Correct Answer True
Your Answer True

Select The Blank
Question ________ tests confirms that the needs and requirements are fulfilled on the deployment platform.
Correct Answer Beta
Your Answer Beta

Multiple Choice Multiple Answer
Question Operational Testing is carried out by :-
Correct Answer Recovery Testing , Stress Testing , Performance Testing
Your Answer Recovery Testing , Stress Testing , Performance Testing

True/False
Question The Major risk involved in software project is to identify the programmers required and the pay scales of them.
Correct Answer False
Your Answer False

Multiple Choice Multiple Answer
Question Work Break Down Structure can also be traced back to ?
Correct Answer System Requirements Specifications , Requirement Definition & Description
Your Answer System Requirements Specifications , Requirement Definition & Description

Multiple Choice Single Answer
Question The Behavioral Aspect of the System could be Shown using :-
Correct Answer Data Flow Diagrams
Your Answer Data Flow Diagrams

Multiple Choice Single Answer
Question A degree to which the design aspect of the Quality is met is termed as :-
Correct Answer Quality Conformance
Your Answer Quality Conformance

True/False
Question System testing checks the abnormality in the software system.
Correct Answer False
Your Answer False

Select The Blank
Question ________ is developed or engineered not manufactured
Correct Answer Software
Your Answer Software

Select The Blank
Question Requirements Management Begins with ________.
Correct Answer Identification
Your Answer Identification

Select The Blank
Question Each & every ________ has a Specific format as a record.
Correct Answer Test
Your Answer Test

Multiple Choice Multiple Answer
Question Test Case Design for real time systems strategically should include:-
Correct Answer Task Testing , Behavioral Testing , Intertask Testing
Your Answer Task Testing , Behavioral Testing , Intertask Testing

True/False
Question The Unit of the Software is the smallest entity to be tested.
Correct Answer True
Your Answer True

Select The Blank
Question ________ is achieved by carving out a module that is responsible for any unique function and which does not need to interact with other parts of the system.
Correct Answer Functional Dependency
Your Answer Functional Dependency

Multiple Choice Multiple Answer
Question The most affected elements of the Quality of the software is:-
Correct Answer Customer , Developer , Stake Holders
Your Answer Customer , Developer , Stake Holders

Multiple Choice Single Answer
Question The Paradigm Structured System Analysis and Design was developed by:-
Correct Answer Yourdon & De Macro
Your Answer Yourdon & De Macro

Computer Fundamentals and Networking Concepts - 1

LIST OF ATTEMPTED QUESTIONS AND ANSWERS



Multiple Choice Multiple Answer
Question
External electromagnet signals will affect the data and the data transmission may lead to :
Correct Answer
Incorrect delivery , Incorrect receiving , Loose data
Your Answer
Loose data , Incorrect delivery , Incorrect receiving

Multiple Choice Multiple Answer
Question
The two primary cryptographic systems in use today are :
Correct Answer
Secret Key , Public Key
Your Answer
Secret Key , Public Key

Select The Blank
Question
Every VPN provides ________ of data that is in transit over the network.
Correct Answer
Encryption
Your Answer
Encryption

True/False
Question
Digital computers are programmable machines.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
The ultimate goal of any approach towards writing a program for a particular problem is
Correct Answer
To propose a good solution
Your Answer
To propose a good solution

True/False
Question
The host number in the IP address identifies the client computer on a network.
Correct Answer
True
Your Answer
False

Multiple Choice Multiple Answer
Question
Network security is broadly classified into two areas namely :
Correct Answer
Computer security , Information security
Your Answer
Computer security , Information security

Multiple Choice Single Answer
Question
The token passing media access method passes a token over a ring and it sets :
Correct Answer
Different priorities
Your Answer
Different priorities

Select The Blank
Question
A ________ serves as a good and effective documentation of the simple and complex programs.
Correct Answer
Program Flowcharts
Your Answer
Program Flowcharts

Multiple Choice Single Answer
Question
RAID disks and tape technology are used for improved :
Correct Answer
Reliability
Your Answer
Reliability

Multiple Choice Multiple Answer
Question
The two type of best known protocols are :
Correct Answer
Transmission control protocol , Internet protocol
Your Answer
Transmission control protocol , Internet protocol

Multiple Choice Single Answer
Question
Internet access can be shared in
Correct Answer
Local Area Network
Your Answer
Metropolitan Areas

Select The Blank
Question
Acrobat Adobe Reader is a ________ used on the web.
Correct Answer
Plug-in
Your Answer
Plug-in

Select The Blank
Question
A Network topology is majorly concerned with the ________ arrangement of computers in a network.
Correct Answer
Physical
Your Answer
Physical

True/False
Question
Standard parallel post transfers data in both the direction.
Correct Answer
False
Your Answer
False

True/False
Question
Flow charts helps the programmers to transform the logic into a system design.
Correct Answer
False
Your Answer
True

Select The Blank
Question
In LCD's a ________ material is placed between two glass plates.
Correct Answer
Liquid Crystalline
Your Answer
Liquid Crystalline

Multiple Choice Multiple Answer
Question
What additional features are present in JavaScript which were not present in HTML.
Correct Answer
Moving tickers , Drop-down menus , Mouse-over interactions
Your Answer
Moving tickers , Drop-down menus , Mouse-over interactions

Multiple Choice Single Answer
Question
What is the first step an analyst is expected to follow when a problem is given?
Correct Answer
Recognize and Understand the Problem
Your Answer
Recognize and Understand the Problem

Select The Blank
Question
A token ring consists of tools and algorithms which are capable of detecting and repairing ________ errors.
Correct Answer
Network
Your Answer
Network

Multiple Choice Single Answer
Question
When a BSNL man comes to your house to connect a telephone he uses which type of connector ?
Correct Answer
RJ-11
Your Answer
RJ-11

Multiple Choice Multiple Answer
Question
Pure input devices include:
Correct Answer
Keyboard , Mouse , Scanner
Your Answer
Keyboard , Mouse , Scanner

True/False
Question
A Circle symbol of flowcharting method is used to connect or join two parts of the process.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
A systematic representation of the problem under consideration usually invokes an healthy dialog between the programmer(s) and business managers this is best exhibited by
Correct Answer
Flowchart , Algorithm
Your Answer
Flowchart , Algorithm

True/False
Question
UNIX is not suitable for priority oriented multitasking operations.
Correct Answer
True
Your Answer
False

Select The Blank
Question
Half duplex communication channel is used for conversation/communication in ________.
Correct Answer
Walkie-Talkie
Your Answer
Walkie-Talkie

True/False
Question
Only One flow line should come out from a process in a flowchart.
Correct Answer
True
Your Answer
True

True/False
Question
Operating system is a series of simple programs.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Find the odd man out :
Correct Answer
Application S/W
Your Answer
Application S/W

Select The Blank
Question
________ is the most expensive type of cable available in the market.
Correct Answer
Fiber Optic
Your Answer
Fiber Optic

Match The Following
Question
Correct Answer
Your Answer
A cooking recipe would be
Algorithm
Algorithm
Graphical Representation of the solution to a problem
Flowchart
Flowchart
Set of Logical Statements
Algorithm
Algorithm
Program
Set of Instructions
Set of Instructions

Select The Blank
Question
Software is a set of ________ guiding the computer to perform certain tasks.
Correct Answer
Programs
Your Answer
Programs

Multiple Choice Multiple Answer
Question
Floppy disk are available with the following capacities :
Correct Answer
1.44 MB , 1.2 MB , 3.5 inch
Your Answer
1.44 MB , 1.2 MB , 3.5 inch

Multiple Choice Multiple Answer
Question
Protocol is a set of :
Correct Answer
Procedures , Formal operating rules , Conventions
Your Answer
Procedures , Formal operating rules

Multiple Choice Single Answer
Question
Storage area network systems transfer data in the form of
Correct Answer
Disk blocks
Your Answer
Disk blocks

Select The Blank
Question
Web contains a complex ________ of connections among a vast number of documents.
Correct Answer
Virtual web
Your Answer
Virtual web

Multiple Choice Multiple Answer
Question
The two most commonly attached protocols with NAS are :
Correct Answer
Sun Network File System , Common Internet File System
Your Answer
Sun Network File System , Common Internet File System

Multiple Choice Multiple Answer
Question
Non - CTR display devices are found in:
Correct Answer
LED Monitors , LCD Monitors , Plasma Monitors
Your Answer
LED Monitors , LCD Monitors , Plasma Monitors

Multiple Choice Multiple Answer
Question
Each host terminal on a TCP/IP network is assigned a 32 bit logical address dividing it into two main parts :
Correct Answer
Network Number , Host Number
Your Answer
Network Number , Host Number

Multiple Choice Single Answer
Question
The cheques usually processed by means of certain set of characters or in a specialised style printed on it, those characters are called as :
Correct Answer
MICR
Your Answer
MICR

Multiple Choice Single Answer
Question
On one screen the CRT is capable of displaying :
Correct Answer
25 Lines of 80 Characters
Your Answer
25 Lines of 80 Characters

Multiple Choice Single Answer
Question
With extensible markup language the same content can be formatted for
Correct Answer
Multiple users
Your Answer
Multiple computers

Match The Following
Question
Correct Answer
Your Answer
RSS
News feeds
News feeds
Stockwave
Multimedia
Multimedia
CGI
Active Server Pages
Active Server Pages
AOL
Real-time Communication
Real-time Communication

Select The Blank
Question
A repeater is a device that ________ the signal transmitted in a network.
Correct Answer
Regenerates
Your Answer
Regenerates

True/False
Question
Jazz and zip drives are examples of fixed drives.
Correct Answer
False
Your Answer
False

True/False
Question
Modem is used to program the computer to run internet.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
Transistors and IC's use :
Correct Answer
Dynamic Memory
Your Answer
Dynamic Memory

Compensation Management - 5

LIST OF ATTEMPTED QUESTIONS AND ANSWERS



True/False
Question
An employee gets deduction to the extent, professional tax paid by him from income chargeable under 'salaries'.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Following are the forms of the cost of replacement :-
Correct Answer
Cost of advertisement for recruitment , Cost of conducting interviews , Cost of interruption in production
Your Answer
Cost of conducting interviews , Cost of interruption in production , Cost of advertisement for recruitment

Multiple Choice Multiple Answer
Question
Cost accounting department analyze payroll for the purpose of revealing :-
Correct Answer
Normal and abnormal idle time , Direct & indirect labour , Variance from budgeted costs
Your Answer
Normal and abnormal idle time , Direct & indirect labour , Time standards

True/False
Question
With about 2-5 years of experience, an employee can move upto manager level from executive level in IT industry.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Differential piece rate system is suitable where :-
Correct Answer
Fixed costs are higher in proportion to veriable cost , It is possible to count production accurately , There are standardised methods of production
Your Answer
Fixed costs are higher in proportion to veriable cost , It is possible to count production accurately , There are standardised methods of production

Multiple Choice Multiple Answer
Question
Extent of employees turnover depends upon :-
Correct Answer
Type of industry , Male to female ratio , Physical conditions within organisation
Your Answer
Type of industry , Male to female ratio , Physical conditions within organisation

Multiple Choice Single Answer
Question
In recent times, in addition to stock options, employees of dotcom companies are demanding :-
Correct Answer
Cash bonus
Your Answer
Cash bonus

Multiple Choice Single Answer
Question
The wage structure or grade is comprised of jobs of appropriately equal difficulty or importance as determined by :-
Correct Answer
Job evaluation
Your Answer
Job evaluation

Match The Following
Question
Correct Answer
Your Answer
Cost accounting Dept.
Accumulation & classification all cost data
Accumulation & classification all cost data
Personnel Dept.
Selection & training of employees.
Preparation of drawings
Payroll Dept.
Maintain record of wage rate of each employee.
Maintain record of wage rate of each employee.
Engineering Dept.
Preparation of time & motion studies
Time keeping

Multiple Choice Multiple Answer
Question
Salient features of profit-sharing are :-
Correct Answer
Agreement is voluntary , Payment may be in cash / stock of future credits , Computation on the basis of some agreed formula
Your Answer
Agreement is voluntary , Payment may be in cash / stock of future credits , Computation on the basis of some agreed formula

Multiple Choice Multiple Answer
Question
Following are economic causes of idle time of labour :-
Correct Answer
Trade cycles. , Non availability of working capital.
Your Answer
Poor management. , Break down of machinery. , Trade cycles.

True/False
Question
Incentive schemes sometimes lead to jealousies and misunderstanding among the workers.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Employees in the railways are entitled of payment of wages Act, 1936 who are drawing wages and salaries below :-
Correct Answer
Rs. 1600/- a month
Your Answer
Rs. 1600/- a month

True/False
Question
Any contribution to pension, provident fund or a scheme of social security etc. amounts to wages.
Correct Answer
False
Your Answer
True

Select The Blank
Question
Payment to out workers is done on ________ basis.
Correct Answer
Monthly
Your Answer
Daily

Multiple Choice Single Answer
Question
For a normal adult the net intake of calories should be :-
Correct Answer
2700
Your Answer
2700

Multiple Choice Multiple Answer
Question
The characteristics of profit sharing plan are :-
Correct Answer
Payments to employees are uncertain , Payment is regarded sometimes as windfall gain , Profits are payable at long intervals
Your Answer
Profits are payable at long intervals , Payments to employees are uncertain , Payment is regarded sometimes as windfall gain

Multiple Choice Single Answer
Question
By using straight piece rate system of compensation output :-
Correct Answer
Increases
Your Answer
Increases

Multiple Choice Multiple Answer
Question
Apart from salaries, IT employees are giving importance to :-
Correct Answer
Job content , Job security , Company image
Your Answer
Job content , Job security , Company image

Select The Blank
Question
From economic and ________ point of view woman was subject to man.
Correct Answer
Social
Your Answer
Social

Multiple Choice Single Answer
Question
Gate time keeping helps for :-
Correct Answer
Payroll preparations.
Your Answer
Ascertaining labour cost of each job.

Select The Blank
Question
Overtime payment given to the worker due to inefficiency of other department is charged to ________.
Correct Answer
Responsible Department
Your Answer
Job

Select The Blank
Question
There are many methods that an alive ________ management can creatively develop for employees rendered redundant through little forethought.
Correct Answer
HRD
Your Answer
Personnel

True/False
Question
Equal remuneration Act, 1976 discriminates on the ground of sex against women in the matter of employment.
Correct Answer
False
Your Answer
False

Multiple Choice Multiple Answer
Question
Level II in junior managers comprises of :-
Correct Answer
Engineers , Officers , Senior Engineers
Your Answer
Engineers , Officers , Senior Engineers

Multiple Choice Single Answer
Question
Better production planning & control is facilitated through :-
Correct Answer
Job cards.
Your Answer
Daily time sheet.

Select The Blank
Question
Ratio of number of persons over 4 years of service at present to present total employees is called ________
Correct Answer
Skill dilution index
Your Answer
Skill wastage index

Select The Blank
Question
Generally, the strong & more powerful is the trade union, the ________ are the wages.
Correct Answer
Higher
Your Answer
Higher

Multiple Choice Single Answer
Question
In post IPO stage, dotcom company gives its employees :-
Correct Answer
Balanced total reward package
Your Answer
Stock options

True/False
Question
Provident fund is component of gross earnings.
Correct Answer
False
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
Remuneration
Employees
Two
Wage Differentials
Three categories
Employees
Mathematical tables
Calculations
Calculations
Elements of good Wage Plan
Two
Four Categories

Select The Blank
Question
________ is the unique code allotted to each & every employee in the organization.
Correct Answer
Employee No.
Your Answer
Employee No.

True/False
Question
Monitory payment often act as motivators and satisfiers interdependently of other job factors.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
In high profit making organisation compensation paid is relatively:-
Correct Answer
Higher
Your Answer
Higher

Multiple Choice Multiple Answer
Question
Components of deductions in salary are :-
Correct Answer
E.S.I. , Housing loan installment.
Your Answer
Basic salary. , E.S.I. , House rent allowance

Multiple Choice Single Answer
Question
Long-term wage Incentive plans are useful, where :-
Correct Answer
Jobs are inter-related
Your Answer
Jobs are inter-related

Multiple Choice Single Answer
Question
In piece rate and time rate combination system, if piece rate earning constantly fall below minimum guaranteed payment, labour cost :-
Correct Answer
Increases
Your Answer
Decreases

True/False
Question
Rate of change in the working force of an organisation during a period of time is known as employee turnover.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Reward may be money or promotion, but more likely it will be some pay-off -a smile, and :-
Correct Answer
Acceptance by peer
Your Answer
Acceptance by peer

Multiple Choice Multiple Answer
Question
Bonus, as the incentive to managers is determined :-
Correct Answer
By formula , By discretion used in allocation of bonus
Your Answer
By formula , By discretion used in allocation of bonus , By Board of Directors

Select The Blank
Question
________ refers to compensation programmes that allow employees to choose the type and quantity of reward desired by him during the year.
Correct Answer
Cafeteria style compensation
Your Answer
Non-monetary rewards

True/False
Question
Overtime paid for uncontrollable reasons is charged to Profit and Loss Account.
Correct Answer
True
Your Answer
True

True/False
Question
Economic system does result in the concentration of wealth.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
As industrialization taking place, the family values have :-
Correct Answer
Changed
Your Answer
Changed

Multiple Choice Multiple Answer
Question
Objectives laid down by I.L.O. are :-
Correct Answer
Abolish malpractices , Abuse in wage payment , Promote Trade Union
Your Answer
Abolish malpractices , Abuse in wage payment , Promote Trade Union

Select The Blank
Question
Today there is strong competition for acquiring as much ________ as possible.
Correct Answer
Wealth
Your Answer
Wealth

Multiple Choice Multiple Answer
Question
To make Scanlon plan successful, there should be :-
Correct Answer
Stable product lines and costs , Strong commitment to plan , Healthy labour relations
Your Answer
Stable product lines and costs , Strong commitment to plan , Healthy labour relations