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Principles and Practices of Management - 14

Multiple Choice Single Answer
Question
What is the fundamental tool employed by managers in directing their subordinates ?
Correct Answer
Order
Your Answer
Order

True/False
Question
MBO method has been evolved by Peter Drucker (1955).
Correct Answer
True
Your Answer
True

True/False
Question
Control techniques affect the degree of decentralization.
Correct Answer
True
Your Answer
True

Select The Blank
Question
The term ________ refers to a specific administrative directive prescribing the sequential manner in which a repetitive activity is to be initiated and completed in a goal - oriented manner.
Correct Answer
procedure
Your Answer
procedure

Multiple Choice Single Answer
Question
Whose feelings and difficulties should the manager know for direction to become effective ?
Correct Answer
Subordinates
Your Answer
Subordinates

True/False
Question
In delegation a superior transfer some duties and responsibilities to his subordinates.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Under the disadvantages of strategic business units what is that which is difficult to maintain in its uniformity?
Correct Answer
Corporate image
Your Answer
Corporate image

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

Multiple Choice Multiple Answer
Question
Principles of effective delegation are:
Correct Answer
Train the subordinates , Reward delegation , Appropriate reporting system
Your Answer
Train the subordinates , Reward delegation , Appropriate reporting system

Multiple Choice Single Answer
Question
What did chanakya write ?
Correct Answer
Arthashastra
Your Answer
Arthashastra

Multiple Choice Multiple Answer
Question
Unethical acts are results of the following factors:
Correct Answer
unawareness and insensitivity to issues , selfishness , faulty reasoning
Your Answer
unawareness and insensitivity to issues , selfishness , faulty reasoning

Multiple Choice Single Answer
Question
How many forces of competition are there according to Michael E. Porter?
Correct Answer
Five
Your Answer
Five

Select The Blank
Question
To solve the HR issues, one of the remedy is to emphasis on overall ________ development through training and exposure.
Correct Answer
Personality
Your Answer
Professional

Select The Blank
Question
Producer services are trade,________communication and financial services.
Correct Answer
transport
Your Answer
transport

Multiple Choice Multiple Answer
Question
The various tools for corporate governance are
Correct Answer
audit , professionalism , proper functioning of the board
Your Answer
audit , professionalism , proper functioning of the board

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

Multiple Choice Single Answer
Question
To become a successful consultant, name the skill required
Correct Answer
negotiation
Your Answer
negotiation

Select The Blank
Question
________ says you are the product of your past and you are bound by past activities.
Correct Answer
Law of destiny
Your Answer
Law of Karma

Select The Blank
Question
To establish contact with the creator ________ helps us to transfer our minds and reach at the goal.
Correct Answer
Yogic processes, social norms and values
Your Answer
Yogic processes, social norms and values

Multiple Choice Single Answer
Question
Some managements who are very much intimated by consulting firms, what are they likely to loose
Correct Answer
Confidence
Your Answer
Confidence

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

Multiple Choice Multiple Answer
Question
The defination of decision involves following characteristics
Correct Answer
Involves Rationality , Involves Commitment , Involves Mental Process
Your Answer
Involves Rationality , Involves Commitment , Involves Mental Process

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

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 , current date analysis , break-even analysis

Multiple Choice Single Answer
Question
Name the need under the level of hierarchy which has the highest potency and a person who lacks basic necessities of life will primarily be motivated by such needs
Correct Answer
physiological
Your Answer
physiological

Select The Blank
Question
________ is effective only in big organizations.
Correct Answer
Decentralization
Your Answer
Decentralization

Multiple Choice Multiple Answer
Question
Budgetary control involves budgets such as
Correct Answer
sales , production , cash
Your Answer
sales , production , cash

Select The Blank
Question
The concept of corporate governance has been attracting________in India.
Correct Answer
public attention
Your Answer
public attention

Select The Blank
Question
The retailing sector in India has been quite________.
Correct Answer
staid and boring
Your Answer
staid and boring

Multiple Choice Single Answer
Question
Name one of the disadvantages of strategic business units
Correct Answer
Distortion of information
Your Answer
Distortion of information

Multiple Choice Multiple Answer
Question
The family owned businesses like Tata and Birla, also face major fears like
Correct Answer
Right successor , Stumbling self-confidence , Lack of professional management
Your Answer
Right successor , Stumbling self-confidence , Lack of professional management

Select The Blank
Question
Maharishi Institute of Management has ________ centres in India and abroad.
Correct Answer
18
Your Answer
20

Multiple Choice Multiple Answer
Question
Under McKinsey's 7 S model, the soft S's are:
Correct Answer
Style , Staff , Skills
Your Answer
Style , Staff , Skills

Multiple Choice Multiple Answer
Question
The factors measuring the morale of the workers and ascertain whether it is increasing or diminishing can be listed as
Correct Answer
Absenteeism , No. of accidents , Grievances
Your Answer
Absenteeism , No. of accidents , Grievances

Multiple Choice Single Answer
Question
The Indian retail sector is behind Taiwan although its retail industry is estimated to be around $40 billion only, this is because of its
Correct Answer
81% penetration
Your Answer
81% penetration

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

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

Match The Following
Question
Correct Answer
Your Answer
Knowledge based decision-making.
Instead of intuition
Instead of intuition
Professional managers may have only salary-stake
Question of accountability of Performance
Question of accountability of Performance
Management can be applied everywhere
Management is universal
Management is universal
Management is dynamic
Changes as per time
Changes as per time
Manager does not require any specific qualification
Anybody can become a manager
Anybody can become a manager

Multiple Choice Multiple Answer
Question
The general management challenges faced by the service sector are
Correct Answer
Communicating the concept , Differentiating factors , Revenue model
Your Answer
Communicating the concept , Differentiating factors , Revenue model

Multiple Choice Single Answer
Question
One of the internal environment factors that influences management is
Correct Answer
Place
Your Answer
Location

Select The Blank
Question
________ provide all types of help required to make the business more efficient and profitable.
Correct Answer
Consultants
Your Answer
Consultants

Multiple Choice Multiple Answer
Question
The key management processes in the learning organizations would be
Correct Answer
competitor analysis , performance measurement , capability planning
Your Answer
competitor analysis , performance measurement , capability planning

Multiple Choice Single Answer
Question
Management is said to be the combination of three factors, arts, science and the third is
Correct Answer
profession
Your Answer
profession

True/False
Question
Taj Mahal are living symbols of 'creation and result of management practices'.
Correct Answer
True
Your Answer
True

True/False
Question
Financial institutions should maintain a close relationship to seek a seat on the board.
Correct Answer
False
Your Answer
False

True/False
Question
Ethics of statute tries to explore the traits which help the person to lead a life that is satisfying from an ethical point of view.
Correct Answer
False
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
Philosophy of scientific management
Development of each man to his capacity and ability
Development of each man to his capacity and ability
Six industrial activities
Technical, commercial, financial, accounting, security management
Technical, commercial, financial, accounting, security management
Five management functions
Planning, organizing, commanding, co-ordination, control
Planning, organizing, commanding, co-ordination, control
Four supervisors at implementation department
Gang boss, speed boss, repair boss, inspector
Gang boss, speed boss, repair boss, inspector

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