Principles and Practices of Management - 7

Multiple Choice Single Answer
Question
What type of industry is consulting
Correct Answer
Knowledge
Your Answer
Specialist

Multiple Choice Single Answer
Question
Which Indian pharma company has recently started an SBU?
Correct Answer
Ranbaxy
Your Answer
Ranbaxy

Select The Blank
Question
________is a tool for corporate governance.
Correct Answer
communication
Your Answer
communication

Multiple Choice Single Answer
Question
What does control maintain between output and effort?
Correct Answer
Equilibrium
Your Answer
Balance

True/False
Question
Horizontal co-ordination takes place sideways.
Correct Answer
True
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
Who is the father of the three-needs theory?
McClelland

Who discovered the Expectancy theory?
Vroom

What is a basic need?
Food
Vroom
What is an esteem need?
Self-esteem

Who propounded Theory X?
McGregor


Multiple Choice Multiple Answer
Question
The non-financial type of motivators would be
Correct Answer
encouragement , freedom , recognition
Your Answer
encouragement , freedom , recognition

Select The Blank
Question
New companies feel that________is the most appropriate type of alliance.
Correct Answer
Joint-venture
Your Answer
Joint-venture

Multiple Choice Single Answer
Question
What is that the consultant must be able to recognise about the client's future needs ?
Correct Answer
Vision
Your Answer
Goal

Select The Blank
Question
Learning organizations are adaptive to their________environment
Correct Answer
external
Your Answer
external

Match The Following
Question
Correct Answer
Your Answer
Vipassana
Meditation
Meditation
Visionary
Missionary
Missionary
Knowledge Worker
Wisdom Worker
Wisdom Worker
Tamas
Rajas
Rajas
Karma
Destiny
Destiny

Select The Blank
Question
Event ________ has various ________ opportunities.
Correct Answer
management
Your Answer
management
Correct Answer
Career
Your Answer
Career

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

Multiple Choice Multiple Answer
Question
Fedrick Winslow Taylor’s Mechanism of Scientific Management includes
Correct Answer
scientific task setting , planning the task , standardization of tools and equipments
Your Answer
scientific task setting , planning the task , standardization of tools and equipments

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

Select The Blank
Question
The higher the ________ level of the employee, the lower the ________ satisfaction.
Correct Answer
educational
Your Answer
educational
Correct Answer
job
Your Answer
job

Multiple Choice Single Answer
Question
Who said, “Management is management of Men, Money, Machinery Materials and Information?”
Correct Answer
Anonymous
Your Answer
Peter Drucker

Select The Blank
Question
________ is the result of human limitation to the span of management.
Correct Answer
Delegation
Your Answer
Delegation

Multiple Choice Single Answer
Question
Learning organizations must possess what type of culture?
Correct Answer
Learning
Your Answer
Learning

Select The Blank
Question
A ________ faced by the retail business is the ________ aspect.
Correct Answer
challenge
Your Answer
challenge
Correct Answer
cultural
Your Answer
cultural

Multiple Choice Multiple Answer
Question
The different A’s of the service sector are
Correct Answer
acceptability , awareness , availability
Your Answer
acceptability , awareness , availability

Multiple Choice Multiple Answer
Question
Some of the external factors that limit control are
Correct Answer
govt. policies , market changes , economic changes
Your Answer
govt. policies , organizational policies , market changes

True/False
Question
the heart of administration is the directing function.
Correct Answer
True
Your Answer
True

True/False
Question
Service denotes physical transfer of goods.
Correct Answer
False
Your Answer
True

True/False
Question
For effective control, different departments should have uniform systems of control.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
As organizations increase their products, market diversity etc, for what type of people does the demand increase?
Correct Answer
General Managers
Your Answer
General Managers

Multiple Choice Multiple Answer
Question
The objective in corporate governance are
Correct Answer
shareholders value maximization , growth , stability
Your Answer
shareholders value maximization , growth , stability

Multiple Choice Single Answer
Question
Name the department which plays a major role in developing a learning organization
Correct Answer
MIS
Your Answer
Sales

Multiple Choice Multiple Answer
Question
Communication barriers in the international environment are
Correct Answer
Loss by transmission , Loss by poor retention , Poor listening
Your Answer
Loss by transmission , Loss by poor retention , Poor listening

Multiple Choice Single Answer
Question
What criterion is that which the SBU must meet which is neither too large nor too small?
Correct Answer
Proper size
Your Answer
Proper size

Select The Blank
Question
Management is a creative and________process.
Correct Answer
continuous
Your Answer
continuous

Multiple Choice Multiple Answer
Question
The old control techniques which were used through years are
Correct Answer
unity of policies , break-even analysis , budgetary control
Your Answer
unity of policies , break-even analysis , budgetary control

Select The Blank
Question
Individuals have different ________ of management categories such as democratic, ________, bureaucratic, etc.
Correct Answer
styles
Your Answer
styles
Correct Answer
autocratic
Your Answer
autocratic

True/False
Question
Economic considerations do not affect the choice of span.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
How many event management companies are there in Pune?
Correct Answer
215
Your Answer
215

True/False
Question
Developing effective control is one of the weaknesses of MBO
Correct Answer
False
Your Answer
False

Multiple Choice Multiple Answer
Question
The summary of important trends in retailing are
Correct Answer
market concentration , global players vs. local players , non store retailing
Your Answer
market concentration , global players vs. local players , non store retailing

Multiple Choice Single Answer
Question
Who is the father of Intelligence Quotient ?
Correct Answer
Alfred Bennet
Your Answer
Alfred Bennet

Multiple Choice Multiple Answer
Question
Research into the average Indian buying habits have brought about the following facts
Correct Answer
they prefer to pay in cash , they like to touch and feel the merchandise , they want attention to be given to all members of their group
Your Answer
they prefer to pay in cash , they like to touch and feel the merchandise , they want attention to be given to all members of their group

Multiple Choice Single Answer
Question
Where is the attack on business families coming from
Correct Answer
Transnationals
Your Answer
Transnationals

Select The Blank
Question
Direction is a ________ function performed by all the managers at all levels of the organisation.
Correct Answer
managerial
Your Answer
complex

Multiple Choice Multiple Answer
Question
In the insurance sector the rules governing Indian companies are
Correct Answer
min. paid up capital of Rs. 1 billion , domestic player cannot be subsidiary of foreign co. , no dealing in non-insurance and non-life as single entity
Your Answer
min. paid up capital of Rs. 1 billion , 26% equity participation , no dealing in non-insurance and non-life as single entity

True/False
Question
Development of the retail sector requires a slow change in our mindset.
Correct Answer
True
Your Answer
True

True/False
Question
Succession planning is not a function of the Board of Directors.
Correct Answer
False
Your Answer
True

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

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 , Departmental Stores , Shopping Malls