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    Multiple Choice Multiple AnswerQuestionThe external environmental factors that influence management areCorrect AnswerEconomic , Political , TechnologicalYour AnswerEconomic , Political , Technological

    True/FalseQuestionEvent management has to pay only entertainment tax not the service tax.Correct AnswerFalseYour AnswerFalse

    Multiple Choice Single AnswerQuestionName the service which has two prime necessities like co-ordination and infiltra

    tion.Correct AnswerStaffYour AnswerStaff

    Select The BlankQuestion________ decisions relate to the day to day operations of the enterprise generally taken by middle and lower level management.Correct AnswerOperativeYour Answer

    Organisational

    Multiple Choice Single AnswerQuestionSuccessful consultants should promote their consultancy through what ?Correct AnswerNetworkYour AnswerNetwork

    True/FalseQuestion

    Decision-Making is a process of making a choice of poor alternatives.Correct AnswerFalseYour AnswerFalse

    Select The BlankQuestionMBO was invented by ________.Correct AnswerPeter DruckerYour AnswerPeter Drucker

    Multiple Choice Single AnswerQuestion

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    Profession requires definite period of what?Correct AnswerLearningYour AnswerPractice

    Multiple Choice Multiple Answer

    QuestionBarriers to delegation of authority would be :Correct AnswerLack of trust in subordinates , Fear of loosing status by managers , Over-confidence among managersYour AnswerLack of trust in subordinates , Prompt decision making , Over-confidence among managers

    Multiple Choice Single AnswerQuestionOrganization is apart of which type of system?

    Correct AnswerSocialYour AnswerScientific

    Multiple Choice Multiple AnswerQuestionDavid C Mc Celland identified three motives those areCorrect AnswerAffiliation , Power , AchievementYour AnswerAffiliation , Power , Achievement

    Multiple Choice Multiple AnswerQuestionInternational consultancy is said to beCorrect AnswerGlamorous , Challenging , TrendyYour AnswerGlamorous , Challenging , Reliant

    Select The BlankQuestionFailure to give ________ to goal setters is a weakness of MBO.Correct AnswerguidelinesYour Answerguidelines

    True/FalseQuestionManagement is the combination of Arts,Science and Profession.Correct AnswerTrueYour AnswerTrue

    Select The Blank

    QuestionUnder the types of motivators, non-financial motivators are encouragement, freedom ________.

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    Correct AnswerrecognitionYour Answerrecognition

    Multiple Choice Single AnswerQuestion

    Who said, the heart of administration is the directing function.Correct AnswerDimockYour AnswerDimock

    True/FalseQuestionManagement is that important process which continues till the objectives set bythe administrator are actually achieved.Correct AnswerTrue

    Your AnswerFalse

    True/FalseQuestionCommunication is a composite (a) information given and received (b) a listeningeffort by some of them involved.Correct AnswerFalseYour AnswerTrue

    Multiple Choice Multiple Answer

    QuestionA vision statement should have the following componentsCorrect Answerability to inspire people , achievable , precise and objectiveYour Answerability to inspire people , achievable , precise and objective

    Multiple Choice Single AnswerQuestionOne of the key features of services is that they areCorrect AnswerintangibleYour Answernon-perishable

    Select The BlankQuestionThe process of control is complete only when the organisation take ________ action.Correct AnswercorrectiveYour Answereffective

    Multiple Choice Multiple Answer

    QuestionThe factors coming under philosophy of scientific management are:Correct Answer

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    Co-operation , Maximum output , HarmonyYour AnswerCo-operation , Maximum output , Harmony

    Multiple Choice Single AnswerQuestionWho is the most effective person are alike in one crucial way, they all have a h

    igh degree of emotional intelligence.Correct AnswerEntrepreneurYour AnswerEntrepreneur

    Multiple Choice Multiple AnswerQuestionThe activities of the communicator while communicating a message will include,Correct Answerideation , encoding , transmissionYour Answer

    encoding , response , transmission

    Multiple Choice Multiple AnswerQuestionFeatures of Management are as followsCorrect Answergoal oriented , universal , continuous processYour Answergoal oriented , universal , continuous process

    Multiple Choice Single AnswerQuestionProfessional managers help organizations in chalking out which type of strategie

    s?Correct AnswerCorporateYour AnswerCorporate

    Select The BlankQuestion________provides a corporate responsibility and it is the application of a proven and systematic body of knowledge.Correct AnswerProfessionYour AnswerManagement

    True/FalseQuestionManagement as a discipline needs certificate of practice.Correct AnswerFalseYour AnswerFalse

    Multiple Choice Multiple AnswerQuestion

    For most hi-tech service industries the major components areCorrect AnswerInfrastructure , Knowledge , labour

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    Your AnswerInfrastructure , Knowledge , Information technology

    Match The FollowingQuestionCorrect AnswerYour Answer

    ManagementCreativeDynamicProfessional ManagerDynamicProfessionArtSkillScienceCode of ConductProfessionCreative

    Predictive PowerScienceSkill

    True/FalseQuestionScience is a body of organized knowledgeCorrect AnswerTrueYour AnswerTrue

    Select The Blank

    QuestionA superior should always establish a ________ control so that his subordinates report to him periodically.Correct AnswerFeedbackYour AnswerAppropriate

    Multiple Choice Single AnswerQuestionIt is said that communication is a meaningfulCorrect AnswerinteractionYour Answerinteraction

    Multiple Choice Single AnswerQuestionWhat does the insurance company compensate for if and when the event insured against an incident occurs?Correct AnswerLossesYour AnswerLosses

    Multiple Choice Single AnswerQuestionManagement exists at which levels of the organization?

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    Correct AnswerAllYour AnswerAll

    True/FalseQuestion

    The Indian consumer does not see shopping as an end in itself.Correct AnswerFalseYour AnswerTrue

    True/FalseQuestionRetailers cannot just take their global retailing formats and try to transpose them onto the India scenario.Correct AnswerTrue

    Your AnswerTrue

    Multiple Choice Single AnswerQuestionOne of the factors which learning organizations possess is a climate of opennessand the other factor isCorrect AnswertrustYour Answertrust

    Multiple Choice Single Answer

    QuestionIt is one of the good control system which not only points out the deviations but also pinpoints them where they are important to its operations isCorrect AnswerFocus on strategic pointsYour AnswerFocus on strategic points

    True/FalseQuestionProfession needs certificate of practiceCorrect AnswerTrueYour AnswerFalse

    True/FalseQuestion'Span of control' is also referred to as span of management.Correct AnswerTrueYour AnswerTrue

    True/False

    QuestionLearning from mistakes is often more powerful than learning from success.Correct Answer

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    TrueYour AnswerTrue

    Multiple Choice Single AnswerQuestionThe philosophy of Vedanta is compared to which animal in the dream of the person

    , who wakes the dreamer and makes you realise your self discovered reality.Correct AnswerLionYour AnswerLion

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

    Your AnswerSemantic barrier

    True/FalseQuestionThe theory of Bureaucracy was first propounded by Henry L.Gantt.Correct AnswerFalseYour AnswerTrue

    Match The FollowingQuestion

    Correct AnswerYour AnswerMaking sense of situationsorganizing information and thoughtsorganizing information and thoughtsCreativitybrainstorming, associating ideasembedding new knowledge into mental modelsInquiryinterviewing, seeking informationinterviewing, seeking informationMaking choicesdeciding courses of actionsdeciding courses of actions

    Select The BlankQuestionLearning from mistakes is often more powerful than learning from________.Correct AnswerSuccessYour AnswerSuccess

    Multiple Choice Single AnswerQuestion

    One of the external environment factors that influences Management isCorrect AnswerLegal

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    Your AnswerLegal

    Multiple Choice Single Answer

    QuestionIn addition to Place, Labor and Money which other internal environment Factor influences Management?Correct AnswerMachinesYour AnswerMachines

    Multiple Choice Multiple AnswerQuestionName the physical aspects of an enterprise.Correct Answer

    Name , Location , AddressYour AnswerName , Manpower , Address

    Multiple Choice Single AnswerQuestionWhat is it that in communication should not be done in vacuum, instead other people should be consulted.Correct AnswerplanningYour Answerplanning

    Multiple Choice Multiple AnswerQuestionCertain important motivational techniques areCorrect AnswerMonetary incentives , Job-based techniques , MBO techniquesYour AnswerSecurity technique , Monetary incentives , MBO techniques

    Multiple Choice Multiple AnswerQuestionThe concept of SBU includesCorrect Answerunrelated products and businesses that are separated , the fact that each SBU has its own CEO , a scientific method of grouping the businessYour Answerunrelated products and businesses that are separated , the fact that each SBU has its own CEO , a scientific method of grouping the business

    True/FalseQuestionDecision-making is a primary part of the managerial process.Correct AnswerTrueYour AnswerTrue

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    Multiple Choice Single AnswerQuestionOf which type of knowledge is science a body of?Correct AnswerOrganized

    Your AnswerAssimilated

    Multiple Choice Multiple AnswerQuestionTypes of degree of delegations are:Correct AnswerLow degree , Moderate degree , High degreeYour AnswerLow degree , Moderate degree , High degree

    True/False

    QuestionThe unorganized sector is mainly concentrated in metropolitan cities.Correct AnswerFalseYour AnswerFalse

    True/FalseQuestionLearning organizations should imitate a task force.Correct AnswerTrueYour Answer

    True

    Multiple Choice Single AnswerQuestionLearning organizations must cope with challenge andCorrect AnsweruncertaintyYour Answeruncertainty

    Select The BlankQuestionLPG stands for liberalization, ________ and globalization.Correct AnswerPrivatizationYour AnswerPrivatization

    Match The Following

    QuestionCorrect AnswerYour Answer

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    EmpathyIt is a component of leadership due to the rapid pace of globalisationIt is a component of leadership due to the rapid pace of globalisationSocial effectivenessThis component allows you to settle disputes amicablyThis component allows you to settle disputes amicablyAlfred Bennet

    He is the father of intelligence quotientHe is the father of intelligence quotientDaniel GolemanHe is an American Behavioural ScientistHe is an American Behavioural Scientist

    Multiple Choice Multiple AnswerQuestionEvery company undertakes the process of forecasting by various competent authorities which can be listed asCorrect AnswerCII , RBI , CMIE

    Your AnswerCII , RBI , CMIE

    Multiple Choice Single AnswerQuestionManagement is not just aCorrect AnswerProcessYour AnswerProcess

    Select The BlankQuestion

    The concept of value and the concept of maximization of value are related to________concept of Ethics.Correct AnswerConsequentialismYour AnswerConsequentialism

    Select The BlankQuestionEvents are occurrences designed for ________ interests.Correct AnswermarketingYour Answermarketing

    Multiple Choice Single AnswerQuestionManagement is purposeful and what?Correct AnswerGoal orientedYour AnswerGoal oriented

    Multiple Choice Single AnswerQuestion

    Management is the combination of Arts, Science andCorrect AnswerProfession

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    Your AnswerProfession

    Multiple Choice Single AnswerQuestionManagement isCorrect Answer

    MultidisciplinaryYour AnswerMultidisciplinary

    Select The BlankQuestionGeneral Insurance corporation was nationalized in________.Correct Answer1972Your Answer1972

    True/FalseQuestionPlanning and control are closely interrelated and they do not determine the accuracy of decision-making.Correct AnswerFalseYour AnswerFalse

    True/FalseQuestionThere are three central ideas associated with consequentialism.Correct Answer

    FalseYour AnswerFalse

    Multiple Choice Single AnswerQuestionName one of the factors that govern the span of management.Correct AnswerType of workYour AnswerType of work

    Multiple Choice Multiple AnswerQuestionRetailing categories based on ownership arrangement would beCorrect AnswerSuper Markets , Consumer Durables Stores , Departmental StoresYour AnswerSuper Markets , Consumer Durables Stores , Departmental Stores

    Multiple Choice Single AnswerQuestionScience is a body of which type of Knowledge?

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    Correct AnswerOrganizedYour AnswerAssimilated

    True/FalseQuestion

    Peter Drucker various publications have sold about 5 -6 million copies worldwide.Correct AnswerTrueYour AnswerTrue

    Select The BlankQuestionLatest approach signifies organization has a part of ________ system.Correct AnswerSocial

    Your AnswerSocial

    Select The BlankQuestionNecessity of control in business organisation arises due to number of factors, one of which is ________ of organisations themselves.Correct AnswercomplexityYour Answercomplexity

    Multiple Choice Single Answer

    QuestionWhich of the options best describes the employment capacity of the retailing sector? It is theCorrect Answersecond largest employer after agricultureYour Answersecond largest employer after agricultureSelect The BlankQuestion________organizations have systems, mechanisms and processes in place.Correct AnswerLearningYour AnswerLearning

    True/FalseQuestionIndian business families are still avoiding joint ventures and tie-ups.Correct AnswerFalseYour AnswerFalse

    Select The BlankQuestion

    Under the principles of effective delegation, it is said that never delegate and________.Correct Answer

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    DisappearYour AnswerDisappear

    True/FalseQuestionIn principle the chairman and the CGO have the same role to play.

    Correct AnswerFalseYour AnswerTrue

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

    True

    Multiple Choice Multiple AnswerQuestionAdvantages of delegation of authority would be:Correct AnswerPrompt decision making , Opportunity to subordinates to grow and develop , Satisfaction to subordinates in terms of recognitionYour AnswerPrompt decision making , Opportunity to subordinates to grow and develop , Satisfaction to subordinates in terms of recognition

    Multiple Choice Single Answer

    QuestionA business unit must meet specific criteria, if it wants to be called an SBU. These areCorrect AnswerDefinable group of competitorsYour AnswerDefinable group of competitors

    Multiple Choice Single AnswerQuestionWhat does Maslow propound about the five needs ?Correct AnswerHierarchyYour AnswerHierarchy

    Multiple Choice Single AnswerQuestionName the technique which is said to be a ploy or a future course of action.Correct AnswerStrategyYour Answer

    Strategy

    Select The Blank

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    Question________ is the ability to sense, understand and effectively apply emotion.Correct AnswerEmotional IntelligenceYour AnswerEmotional Quotient

    Multiple Choice Single AnswerQuestionWho built the first practical mechanical calculator and predicted the specialization of mental work?Correct AnswerCharles BabbageYour AnswerCharles Babbage

    Match The FollowingQuestionCorrect Answer

    Your AnswerManagement and Leadership studiesValue based managementSwami BudhanandaMaharshi Institute of ManagementEighteen centres in India and AbroadEighteen centres in India and AbroadAmritanandamayi Math's centreDr. S.K. ChakrabortyValue based managementIndian Vedanta PhilosophySwami BudhanandaDr. S.K. Chakraborty

    Multiple Choice Multiple AnswerQuestionSome of the public insurance companies areCorrect AnswerLIC , Oriental Insurance , General InsuranceYour AnswerLIC , Oriental Insurance , General Insurance

    True/FalseQuestionFocus on savings and high bargaining interests of the consumer is an obstacle inretail development in India.Correct AnswerTrueYour AnswerTrue

    Select The BlankQuestionBrands are associated with lifestyles and people's________.Correct AnsweraspirationsYour Answeraspirations

    Multiple Choice Single AnswerQuestion

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    Management isCorrect AnswerCreativeYour AnswerCreative

    True/False

    QuestionManagement is always defined as dynamic, universal, ever-changing subject.Correct AnswerTrueYour AnswerTrue

    True/FalseQuestionA budget as a plan of statement of expected results is expressed in numerical terms.Correct Answer

    TrueYour AnswerFalse

    Multiple Choice Multiple AnswerQuestionName the leading event management companies in IndiaCorrect AnswerMidas , Pinnacle , WizcraftYour AnswerMidas , Pinnacle , Wizcraft

    Multiple Choice Single Answer

    QuestionWho said, Management is management of Men, Money, Machinery Materials and Information?Correct AnswerAnonymousYour AnswerAnonymous

    Multiple Choice Multiple AnswerQuestionA procedure has the following advantagesCorrect Answerensures uniformity of action , increases co-ordination , provides good standardfor the manageYour Answerensures uniformity of action , increases co-ordination , provides good standardfor the manage

    Multiple Choice Single AnswerQuestionWhat is it that can be described as a readiness to co-operate warmly in the taskand purposes of a given group organisation.Correct AnswerMoraleYour Answer

    Co-ordination

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    Match The FollowingQuestionCorrect AnswerYour AnswerDisclosures

    transparenttransparentShareholder democracymyth in Indiamyth in IndiaPlanningboard of directorsinvest time and effortsTrustcorporate governancefunction of board

    Select The BlankQuestionThe retailing sector in India has been quite________.Correct Answerstaid and boringYour Answerstaid and boring

    Multiple Choice Single AnswerQuestionIndia has been experiencing the unique stranglehold of our_____Correct Answertraditional kirana stores

    Your Answertraditional kirana stores

    Multiple Choice Single AnswerQuestionEmotional Quotient increases with age commonly known asCorrect AnswermaturityYour Answermaturity

    Select The BlankQuestionThe service sector has expanded because of the virtual stagnation of the________sector.Correct AnsweragriculturalYour Answeragricultural

    Multiple Choice Single AnswerQuestionSpan of management depends upon the ability of whom?Correct AnswerEmployees

    Your AnswerEnterprise

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    Multiple Choice Single AnswerQuestionWhat would essentially shape the growth and future of any economy?Correct AnswerAdequate and quality corporate governanceYour AnswerAdequate and quality corporate governance

    Multiple Choice Single AnswerQuestionWho said, Management is a multiple organ that manages a business, manages a manager and manages workers and work?Correct AnswerPeter DruckerYour AnswerPeter Drucker

    Select The BlankQuestion

    ________ means draw prior conclusions about the probables of production, sales,profits in the future, on the basis of research.Correct AnswerForecastingYour AnswerForecasting

    Select The BlankQuestionLimitations of business planning is that it has been considered as time consuming and ________ device.Correct Answerexpensive

    Your Answerrisk

    Multiple Choice Multiple AnswerQuestionThe family owned businesses like Tata and Birla, also face major fears likeCorrect AnswerRight successor , Stumbling self-confidence , Lack of professional managementYour AnswerRight successor , Stumbling self-confidence , Lack of professional management

    Multiple Choice Single AnswerQuestionWho said, Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of grCorrect AnswerKoontz & O DonellYour AnswerKoontz & O Donell

    Select The BlankQuestionManagement as a discipline does not require any________of practice.Correct Answer

    certificateYour Answercertificate

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    Select The BlankQuestion________is at the core of corporate governance.Correct AnswertrustYour Answer

    trust

    True/FalseQuestionFinancial institutions should maintain a close relationship to seek a seat on the board.Correct AnswerFalseYour AnswerFalse

    True/False

    QuestionWrong medium of communication is a physical barrier.Correct AnswerFalseYour AnswerFalse

    Multiple Choice Single AnswerQuestionOne of the internal environment factors that influences management isCorrect AnswerPlaceYour Answer

    Place

    Multiple Choice Multiple AnswerQuestionServices are defined as the art and science of managingCorrect Answerthe expectations of others , the experiences of people , the demands of the customerYour Answerthe expectations of others , the experiences of people

    Multiple Choice Multiple AnswerQuestionName the three important Generic Competitive Strategies.Correct AnswerOverall cost leadership , Differential , FocusYour AnswerDifferential , Focus , Strategy

    True/FalseQuestionDelegation and decentralization are closely related to each other.Correct AnswerTrue

    Your AnswerTrue

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    Multiple Choice Single AnswerQuestionIt is said "Controlling can not take place in a vacuum", which means there can be no controlling without previousCorrect AnswerplanningYour Answer

    direction

    True/FalseQuestionMorale is the sum total of various physical qualities.Correct AnswerFalseYour AnswerFalse

    Select The BlankQuestion

    Direction is a ________ function performed by all the managers at all levels ofthe organisation.Correct AnswermanagerialYour Answermanagerial

    Multiple Choice Multiple AnswerQuestionPrinciples of effective delegation are:Correct AnswerTrain the subordinates , Reward delegation , Appropriate reporting systemYour Answer

    Train the subordinates , Appropriate reporting system

    Select The BlankQuestion________, weakness, threats, opportunities are the long form SWOT analysis.Correct AnswerstrengthYour AnswerStrength

    Multiple Choice Multiple AnswerQuestionTo be called an SBU, a business unit must meet specific criteria such asCorrect Answerhaving a definable group of competitors , having a mission similar to other SBUs, preparing its own integrated plansYour Answerhaving a definable group of competitors , having its own mission and goals , preparing its own integrated plans

    Multiple Choice Multiple AnswerQuestion

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    The family owned businesses like Tata and Birla, also face major fears likeCorrect AnswerRight successor , Stumbling self confidence , Lack of professional managementYour AnswerRight successor , Stumbling self confidence , Lack of professional management ,Simplicity in restructuring

    Match The FollowingQuestionCorrect AnswerYour AnswerAppley LManagement is management of people and not the direction of thingsManagement is management of people and not the direction of thingsDefinition of ManagementManagement is management of men, money, machinery, materials and informationManagement is management of men, money, machinery, materials and informationKoontz and O'DonellManagement is the creation and maintenance of internal environment in an enterpr

    iseManagement is the creation and maintenance of internal environment in an enterprisePeter DruckerManagement is a multi-purpose organ that manages a business, manages workers andworkManagement is a multi-purpose organ that manages a business, manages workers andwork

    Select The BlankQuestion________ are at a minimum where the morale is high.Correct Answer

    GrievancesYour AnswerGrievances

    True/FalseQuestionthe heart of administration is the directing function.Correct AnswerTrueYour AnswerTrue

    Multiple Choice Multiple AnswerQuestionEmpathy is particularly important today as a component of leadership for the followingCorrect Answerrapid pace of globalisation , increasing use of teams , growing need to retain talentYour Answerrapid pace of globalisation , increasing use of teams , growing need to retain talent

    Multiple Choice Multiple Answer

    QuestionName the flagship companies under the group of "Aditya Birla"Correct Answer

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    Hindalco , Indo-Gulf Fertilizers , Birla CorporationYour AnswerHindalco

    Multiple Choice Multiple AnswerQuestionFredrick Winslow Taylor's Mechanism of scientific management includes,

    Correct AnswerScientific task setting , Planning task setting , Standardization of toolsYour AnswerScientific task setting , Planning task setting , Standardization of tools

    Multiple Choice Multiple AnswerQuestionFuture of Insurance sector would beCorrect Answernew players taking over the market , improved customer service , strong hold ofnationalized playersYour Answer

    new players taking over the market , improved customer service , strong hold ofnationalized players

    Multiple Choice Single AnswerQuestionTo which practice is the term "corporate governance" given?Correct AnswerManagementYour AnswerManagement

    Multiple Choice Single AnswerQuestion

    A senior family member and trusted professional manager acts as what to the business families scions trained abroad and then return to take over the business.Correct AnswermentorYour Answermentor

    Select The BlankQuestionGovt. services comprise________, defence and social goods.Correct Answerpublic administrationYour Answerservice sector

    True/FalseQuestionUnity of command means that employees should receive orders from one superior only.Correct AnswerTrue

    Your AnswerTrue

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    True/FalseQuestionPosture' and Observance' are not included under the 'yogic' exercisesCorrect AnswerFalseYour AnswerFalse

    Select The BlankQuestionManagement is a creative and________process.Correct AnswercontinuousYour Answercontinuous

    True/FalseQuestionEvery manager in an organisation gives direction to his subordinates as a superi

    or and receives direction as subordinate from his superior.Correct AnswerTrueYour AnswerTrue

    Multiple Choice Multiple AnswerQuestionThe following are the elements of controlCorrect Answerauthority and knowledge , guidance and direction , constraint and restraintYour Answerauthority and knowledge , guidance and direction , constraint and restraint , co

    mparison and correctiveness

    Select The BlankQuestionA superior should always establish a ________ control so that his subordinates report to him periodically.Correct AnswerFeedbackYour AnswerFeedback

    Multiple Choice Single AnswerQuestionWhich type of strategies do professional managers help organizations in chalkingout?Correct AnswercorporateYour Answermulti-disciplinary

    True/FalseQuestionDeontological ethics believe that mature persons have inadequate capacity to reason.Correct Answer

    FalseYour AnswerTrue

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    Multiple Choice Multiple AnswerQuestionInternational consultancy is said to beCorrect AnswerGlamorous , Challenging , TrendyYour Answer

    Glamorous , Trendy , Reliant

    Select The BlankQuestionMBO was invented by ________.Correct AnswerPeter DruckerYour AnswerPeter Drucker

    Match The FollowingQuestion

    Correct AnswerYour AnswerPotential external opportunitiesComplacency among rival firmsComplacency among rival firmsBPRBusiness process reengineeringBusiness process reengineeringTQMTotal quality managementTotal quality managementPotential internal strengthsA distinctive competence

    A distinctive competence

    Multiple Choice Single AnswerQuestionWho said, Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of grCorrect AnswerKoontz & O DonellYour AnswerKoontz & O Donell

    Multiple Choice Multiple AnswerQuestionSome of the management functions mentioned by Henry Fayol are :Correct AnswerPlanning , Control , Co-ordinationYour AnswerPlanning , Control , Co-ordination

    True/FalseQuestionThe unorganized sector is mainly concentrated in metropolitan cities.Correct AnswerFalse

    Your AnswerFalse

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    lower-middle

    Multiple Choice Multiple AnswerQuestionThe different kinds of relationships for selecting the span of control would be:Correct Answer

    One to one , Cross relationship , Direct groupYour AnswerOne to one , Cross relationship , Direct group

    Multiple Choice Single AnswerQuestionManagement is said to be the combination of three factors, arts, science and thethird isCorrect AnswerprofessionYour Answerprofession

    Multiple Choice Multiple AnswerQuestionFunctional authority works only when,Correct AnswerAssignment is clarified , The subordinates are allowed to participate , Feedbackcontrol is establishedYour AnswerAssignment is clarified , The subordinates are allowed to participate , Feedbackcontrol is established

    Multiple Choice Single AnswerQuestion

    The fundamental objective of corporate governance is essentiallyCorrect Answerenhancement of long term shareholder valueYour Answerprotecting the interest of other shareholders

    True/FalseQuestionPolicy is supposed to be immutable, unchanging and eternal.Correct AnswerTrueYour AnswerTrue

    Multiple Choice Multiple AnswerQuestionA procedure has the following advantagesCorrect Answerensures uniformity of action , increases co-ordination , provides good standardfor the manageYour Answerensures uniformity of action , increases co-ordination , provides good standardfor the manage

    True/False

    QuestionManagement is always defined as dynamic, universal, ever-changing subject.Correct Answer

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    TrueYour AnswerTrue

    Multiple Choice Multiple AnswerQuestionUnder principle of effective communication what should be fully understood by al

    l concerned.Correct Answertasks , policies , responsibilitiesYour Answertasks , policies , responsibilities

    Multiple Choice Single AnswerQuestionOne of the popular forecast isCorrect AnswerDemandYour Answer

    Demand

    Match The FollowingQuestionCorrect AnswerYour AnswerKautilyaConception of administration and managementPolitical, Social and Economic Management of stateSwami VivekanandaPolitical, Social and Economic Management of stateDivine power to face challengesSamartha Ramdas

    Setting goals and accomplishing it.Conception of administration and managementKing AkbarCreator of social progress and prosperitySetting goals and accomplishing it.

    Select The BlankQuestionCostliness of the ________ is the overriding factor determining the extent of decentralization.Correct AnswerDecisionYour AnswerStaffing

    Multiple Choice Single AnswerQuestionWhat is essential for the management to get things done in the organization?Correct AnswerDelegationYour AnswerDelegation

    True/FalseQuestion

    Indian companies because of confused status have lacked self-confidence.Correct AnswerTrue

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    Your AnswerTrue

    Select The BlankQuestionCharles Babbage built the first prototype of modern ________.Correct Answer

    ComputersYour AnswerComputers

    Select The BlankQuestionConsultants must conduct diagnosis to redefine ________.Correct AnswerProblemYour AnswerProblem

    True/FalseQuestionLower level managers need EQ most.Correct AnswerFalseYour AnswerTrue

    Multiple Choice Single AnswerQuestionCompanies seeking to improve have taken a plethora of initiatives such asCorrect AnswerTQM

    Your AnswerTQM

    Multiple Choice Multiple AnswerQuestionSome of the limitations of business planning areCorrect AnswerTime Consuming , Expensive device , Heavy cost of planningYour AnswerTime Consuming , Expensive device , Heavy cost of planning

    Select The BlankQuestionEvents are occurrences designed for ________ interests.Correct AnswermarketingYour Answermarketing

    Select The BlankQuestionPositive motivation makes people willing to do their work in the best way they can and improve their ________.Correct Answerperformance

    Your Answerproductivity

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    Multiple Choice Single AnswerQuestionTo which practice is the term "corporate governance" given?Correct AnswerManagementYour AnswerManagement

    Select The BlankQuestionUnder the types of motivators, non-financial motivators are encouragement, freedom ________.Correct AnswerrecognitionYour Answerrecognition

    LIST OF ATTEMPTED QUESTIONS AND ANSWERS

    True/FalseQuestionGood motivation lead to low morale. High morale is the manifestation of a weak or defective motivating process.Correct AnswerFalseYour AnswerFalse

    True/FalseQuestion

    Management exists only at the top levels of the organization.Correct AnswerFalseYour AnswerFalse

    Select The BlankQuestionThe ________ principle, which is the inherent process in organization through which authority, the antecedent co-coordinative principle, permeates the entire organized structure.Correct AnswerScalarYour AnswerScalar

    Multiple Choice Single AnswerQuestionLearning organizations must cope with challenge and :-Correct AnswerUncertaintyYour AnswerUncertainty

    Multiple Choice Single Answer

    QuestionHow many event management companies are there in Pune?Correct Answer

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    215Your Answer215

    Multiple Choice Single AnswerQuestionOne of the internal environment factors that influences management is

    Correct AnswerPlaceYour AnswerPlace

    Multiple Choice Multiple AnswerQuestionHuman thoughts are classified as :-Correct AnswerInactive , Active , TransactiveYour AnswerInactive , Active , Transactive

    Multiple Choice Single AnswerQuestionWhich of the options mentioned below would be categorized as a Franchisee store?Correct AnswerFootwear storesYour AnswerFootwear stores

    Multiple Choice Multiple AnswerQuestionThe process of forecasting is based on :-Correct Answer

    Future trends , Current analysis , Past performanceYour AnswerFuture trends , Current analysis , Production trends forecasts

    Multiple Choice Multiple AnswerQuestionThe characteristics of knowledge worker would be :-Correct AnswerEgoistic , Right consciousYour AnswerHumble , Duty conscious , Right conscious

    Multiple Choice Multiple AnswerQuestionAny morale improvement programme of management must embrace the following rules:-Correct AnswerEncourage initiative , Respect individual , Be fair and justYour AnswerRespect individual , Be fair and just , Encourage initiative

    Multiple Choice Single AnswerQuestionOne of the external environment factors that influences Management isCorrect Answer

    LegalYour AnswerLegal

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    Multiple Choice Single AnswerQuestionManagement isCorrect AnswerCreativeYour Answer

    Creative

    Multiple Choice Single AnswerQuestionName the specialization where the economists consider necessary for efficiency in the use of labour :-Correct AnswerDivision of workYour AnswerDivision of work

    True/False

    QuestionDecreased productivity is a cost of low IQ.Correct AnswerFalseYour AnswerFalse

    Multiple Choice Single AnswerQuestionManagement is the combination of Arts, Science andCorrect AnswerProfessionYour Answer

    Profession

    Multiple Choice Single AnswerQuestionManagement isCorrect AnswerMultidisciplinaryYour AnswerMultidisciplinary

    Multiple Choice Single AnswerQuestionName the department which plays a major role in developing a learning organization :-Correct AnswerMISYour AnswerHRM

    Select The BlankQuestionObjectives' is a wider term and ________ is part and parcel of it.Correct AnswerMissionYour Answer

    Vision

    True/False

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    QuestionThe non-executive directors on the board of the company should be 50%.Correct AnswerTrueYour AnswerFalse

    Multiple Choice Multiple AnswerQuestionName the flagship companies under the Business family "Munjals" :-Correct AnswerHero Honda , Hero CyclesYour AnswerHero Honda , Hero Cycles

    Match The FollowingQuestionCorrect AnswerYour Answer

    Knowledge based decision-making.Instead of intuitionInstead of intuitionProfessional managers may have only salary-stakeQuestion of accountability of PerformanceQuestion of accountability of PerformanceManagement can be applied everywhereManagement is universalManagement is universalManagement is dynamicChanges as per timeChanges as per timeManager does not require any specific qualification

    Anybody can become a managerAnybody can become a manager

    Multiple Choice Single AnswerQuestionWho said, Management is a multiple organ that manages a business, manages a manager and manages workers and work?Correct AnswerPeter DruckerYour AnswerPeter Drucker

    Multiple Choice Single AnswerQuestionWho is the 'founder of Human Relation'?Correct AnswerElton MayoYour AnswerElton Mayo

    Multiple Choice Single AnswerQuestionWhat should be included in the new governance charter?Correct AnswerQualified and independent audit committee

    Your AnswerRewards for corporate governance

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    Select The BlankQuestionManagers should be effective ________ so that they may influence the activitiesof subordinates without dissatisfying them.Correct AnswerLeadersYour Answer

    Leaders

    True/FalseQuestionPosture' and Observance' are not included under the 'yogic' exercisesCorrect AnswerFalseYour AnswerFalse

    Select The BlankQuestion

    Management is a creative and ________ process.Correct AnswerContinuousYour AnswerContinuous

    Select The BlankQuestionCharles Babbage built the first prototype of modern ________.Correct AnswerComputersYour AnswerComputers

    Multiple Choice Multiple AnswerQuestionThe term 'span of control' is also referred to as:-Correct AnswerSpan of management , Span of supervision , Span of authorityYour AnswerSpan of management , Span of supervision , Span of authority

    Select The BlankQuestion________ is practiced like all other managerial functions at all levels of management.Correct AnswerAll level exerciseYour AnswerAll level decision making

    Multiple Choice Multiple AnswerQuestionEvery person has different ways and means of performing art, similarly, every individual has different styles of management and these are categorized as :-Correct AnswerDemocratic , Autocratic , BeaurocraticYour Answer

    Democratic , Autocratic , Beaurocratic

    Multiple Choice Single Answer

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    QuestionWho is the father of Intelligence Quotient ?Correct AnswerAlfred BennetYour AnswerAlfred Bennet

    Match The FollowingQuestionCorrect AnswerYour AnswerManagement requires learningArt requires knowledgeArt requires knowledgeScience is developedOver a period of timeManagement is what management doesManagement as a disciplineHas no centralized rule-making authority

    That manages a businessManagement is a multipurpose organThat manages a businessHas no centralized rule-making authorityManagement is understood by performanceManagement is what management doesOver a period of time

    True/FalseQuestionParting with authority means parting with friendship.Correct AnswerFalse

    Your AnswerFalse

    True/FalseQuestionIndian companies because of confused status have lacked self-confidence.Correct AnswerTrueYour AnswerTrue

    Multiple Choice Multiple AnswerQuestionResearch indicates that the limbic system learns best through :-Correct AnswerMotivation , Extended practice , FeedbackYour AnswerMotivation , Feedback , Response

    Multiple Choice Single AnswerQuestionAccording to Abraham Maslow, human needs can be classified into how many types?Correct AnswerFiveYour Answer

    Five

    Multiple Choice Single Answer

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    QuestionWhich of the options best describes the employment capacity of the retailing sector? It is the :-Correct AnswerSecond largest employer after agricultureYour AnswerLargest employer of people in the country

    Multiple Choice Single AnswerQuestionIn which type of income class, does the insurance sector have to face the challenge of making insurance a buying priority?Correct AnswerLower-middleYour AnswerLower-middle

    Select The BlankQuestion

    ________ organizations have systems, mechanisms and processes in place.Correct AnswerLearningYour AnswerModern

    Multiple Choice Single AnswerQuestionWho said, Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of grCorrect AnswerKoontz & O Donell

    Your AnswerKoontz & O Donell

    Select The BlankQuestionThe Indian consumer was shying away from larger formal stores and supermarket chains because of low/lack of ________.Correct AnswerPer capita incomeYour AnswerPer capita income

    True/FalseQuestionFear among managers is not a barrier to delegation of authority.Correct AnswerFalseYour AnswerFalse

    True/FalseQuestionFocus on savings and high bargaining interests of the consumer is an obstacle inretail development in India.Correct Answer

    TrueYour AnswerTrue

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    Select The BlankQuestionHenry Fayol finds ________ and responsibility to be related, with the latter arising from the former.Correct AnswerAuthority

    Your AnswerAuthority

    Multiple Choice Multiple AnswerQuestionThe key management processes in the learning organizations would be :-Correct AnswerCompetitor analysis , Performance measurement , Capability planningYour AnswerCompetitor analysis , Performance measurement , Capability planning

    LIST OF ATTEMPTED QUESTIONS AND ANSWERS

    Multiple Choice Single AnswerQuestionWho said, Management is management of Men, Money, Machinery Materials and Information?Correct AnswerAnonymousYour AnswerAnonymous

    True/False

    QuestionEmotional distress shrinks working memory.Correct AnswerTrueYour AnswerTrue

    Select The BlankQuestionA new sector has emerged in modern times, known as ________ management.Correct AnswerEventYour AnswerEvent

    Multiple Choice Multiple AnswerQuestionA direct consequence of retailing has taken place due to the emergence of :-Correct AnswerApparel retailing stores , Pharmaceutical retailing stores , Books, Music and Lifestyle retailing storesYour AnswerApparel retailing stores , Pharmaceutical retailing stores , Books, Music and Lifestyle retailing stores

    Multiple Choice Single AnswerQuestionWhere is the attack on business families coming from?

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    Correct AnswerTransnationalYour AnswerTransnational

    Multiple Choice Multiple AnswerQuestion

    What type of skills does management require?Correct AnswerConceptual , Human relations , TechnicalYour AnswerConceptual , Human relations , Technical

    Multiple Choice Single AnswerQuestionManagement isCorrect AnswerCreativeYour Answer

    Creative

    Multiple Choice Multiple AnswerQuestionName the books on management written by Peter Drucker :-Correct AnswerFrontiers of Management , The practice of management , Management, tasks, responsibilityYour AnswerDrucker on Asia , Frontiers of Management , Management, tasks, responsibility

    True/FalseQuestion

    Actuary is one who specializes in the mathematics of insurance.Correct AnswerTrueYour AnswerFalse

    Multiple Choice Single AnswerQuestionManagement is the combination of Arts, Science andCorrect AnswerProfessionYour AnswerProfession

    True/FalseQuestion"Measuring Intellectual Capital" is one of the examples of performance measurement.Correct AnswerTrueYour AnswerFalse

    Multiple Choice Single AnswerQuestion

    One of the external environment factors that influences Management isCorrect AnswerLegal

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    Your AnswerLegal

    Select The BlankQuestionIndividuals are encouraged to develop ________, to speak out, to challenge actions.

    Correct AnswerIdeasYour AnswerGoals

    Multiple Choice Single AnswerQuestionWhat is the set-up of an organization?Correct AnswerRelationshipsYour AnswerRelationships

    Select The BlankQuestionMorale is the term usually applied to armed forces during war time and athleticsteams. It refers to team spirit and ________ of people for a common purpose.Correct AnswerTogethernessYour AnswerTogetherness

    True/FalseQuestionThe essence of control is that it is aimed at results and not necessarily at peo

    ple as such.Correct AnswerTrueYour AnswerTrue

    Multiple Choice Multiple AnswerQuestionServices are defined as the art and science of managing :-Correct AnswerThe expectations of others , The experiences of people , The demands of the customerYour AnswerThe expectations of others , The demands of the customer , People and their resources

    Multiple Choice Multiple AnswerQuestionVirtuous acts include:-Correct AnswerHonesty , Integrity , ToleranceYour AnswerHonesty , Tolerance , Leadership

    True/False

    QuestionInternational artists' performance in India is diminishing in recent times.Correct Answer

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    FalseYour AnswerFalse

    True/FalseQuestionThe service sector has not corporatised itself.

    Correct AnswerFalseYour AnswerFalse

    Multiple Choice Single AnswerQuestionWhich segment of event management has the potential to gross the largest in India?Correct AnswerLive entertainmentYour Answer

    Talent bank

    Multiple Choice Multiple AnswerQuestionFew of the management principles given by Henry Fayol are:-Correct AnswerAuthority and responsibility , Division of work , DisciplineYour AnswerDivision of work , Discipline , Authority and responsibility

    Match The FollowingQuestionCorrect Answer

    Your AnswerManagement requires learningArt requires knowledgeHas no centralized rule-making authorityScience is developedOver a period of timeArt requires knowledgeManagement as a disciplineHas no centralized rule-making authorityThat manages a businessManagement is a multipurpose organThat manages a businessManagement is what management doesManagement is understood by performanceManagement is what management doesOver a period of time

    Multiple Choice Single AnswerQuestionTo become a successful consultant, name the skill required :-Correct AnswerNegotiationYour AnswerExperience

    Multiple Choice Multiple AnswerQuestionAdvantages of SBU's are :-

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    Correct AnswerQuick response to environmental changes , Increased focus on products and market, Facilitating development of General ManagersYour AnswerQuick response to environmental changes , Increased focus on products and market, Facilitating development of General Managers

    Match The FollowingQuestionCorrect AnswerYour AnswerZurichHero groupHero groupING GroupVyasa BankVyasa BankSTANDARD LIFEHDFC

    HDFCAMPSanmarSanmar

    True/FalseQuestionAccording to Swami Vivekananda people have intuition or sacred power to face difficult task.Correct AnswerTrueYour AnswerTrue

    Multiple Choice Multiple AnswerQuestionThe family owned businesses like Tata and Birla, also face major fears like :-Correct AnswerRight successor , Stumbling self-confidence , Lack of professional managementYour AnswerRight successor , Stumbling self-confidence , Lack of professional management

    Multiple Choice Multiple AnswerQuestionIn the various versus of Gita, there are many practical messages for which levelof people in management?Correct AnswerLeaders , Team leadersYour AnswerLeaders

    Multiple Choice Multiple AnswerQuestionThe potential external threats faced by an organization are :-Correct AnswerEntry of low cost foreign players , Adverse demographic changes , Slower marketgrowthYour Answer

    Entry of low cost foreign players , Adverse demographic changes , Faster marketgrowth

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    Multiple Choice Single AnswerQuestionHow many rules govern Indian and Foreign insurance companies?Correct Answer12Your Answer12

    Select The BlankQuestionManagement as a discipline is the function of ________.Correct AnswerCreativityYour AnswerCreativity

    Multiple Choice Single AnswerQuestionWhat require a high level of optimism and persistence despite rejection?

    Correct AnswerSelf-MotivationYour AnswerSelf-Motivation

    Select The BlankQuestionHenry Fayol was trained as a ________ engineer.Correct AnswerMiningYour AnswerMining

    Select The BlankQuestion________ is the result of human limitation to the span of management.Correct AnswerDelegationYour AnswerOrganization

    Select The BlankQuestionIn management process, the most misinterpreted word is ________.Correct AnswerOrganizingYour AnswerPlanning

    Select The BlankQuestionTo enhance emotional intelligence, ________ must refocus their training to include the limbic system.Correct AnswerOrganisationsYour AnswerOrganisations

    True/FalseQuestionTaj Mahal are living symbols of 'creation and result of management practices'.

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    Correct AnswerTrueYour AnswerFalse

    True/FalseQuestion

    The strategic factor in social integration is the development and selection of leaders.Correct AnswerTrueYour AnswerTrue

    Multiple Choice Single AnswerQuestionWho said, Management is a multiple organ that manages a business, manages a manager and manages workers and work?Correct Answer

    Peter DruckerYour AnswerPeter Drucker

    Multiple Choice Single AnswerQuestionOne of the internal environment factors that influences management isCorrect AnswerPlaceYour AnswerPlace

    Multiple Choice Single Answer

    QuestionWho said, Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of grCorrect AnswerKoontz & O DonellYour AnswerKoontz & O Donell

    Select The BlankQuestion________ establishes, cause and effect relationship.Correct AnswerScienceYour AnswerScience

    Select The BlankQuestionBusiness ________ is the calculation of probable events to provide against future.Correct AnswerForecastingYour AnswerControlling

    True/FalseQuestion

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    The technique of control is associated with planning, as a part of scientific management.Correct AnswerTrueYour AnswerTrue

    Multiple Choice Multiple AnswerQuestionThe major books on social and political analysis by Peter Drucker are :-Correct AnswerThe future of industrial man , The age of discontinuity , Drucker on AsiaYour AnswerThe future of industrial man , The age of discontinuity , Drucker on Asia

    Multiple Choice Multiple AnswerQuestionName the various characteristics of science :-Correct Answer

    Organized knowledge , Cause and effect relationship , Predictive powerYour AnswerOrganized knowledge , Cause and effect relationship , Predictive power

    LIST OF ATTEMPTED QUESTIONS AND ANSWERS

    Multiple Choice Multiple AnswerQuestionThe products that are grouped under SBU share a commonCorrect Answerunderlying technology , market , skill

    Your Answermarket , skill

    Multiple Choice Single AnswerQuestionWhat requires a high level of optimism and persistence despite rejection?Correct AnswerSelf MotivationYour AnswerSelf Motivation

    True/FalseQuestionStrong corporate governance is indispensable to resilient and vibrant capital markets.Correct AnswerTrueYour AnswerTrue

    Multiple Choice Single AnswerQuestionThe service may or may not be tied to which type of good?Correct AnswerPhysical

    Your AnswerIntangible

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    Select The BlankQuestionOrganization is like an ________ influenced by ________-building process.Correct AnswerindividualYour Answerimage

    Correct AnswerimageYour AnswerSystemic

    Select The BlankQuestion50.The last few years have shown a ________ of film ________ shows.Correct AnsweropportunitiesYour AnswerRecurrence

    Correct AnswercelebrityYour Answercelebrity

    Multiple Choice Single AnswerQuestionWhere is the attack on business families coming from?Correct AnswerTransnationalsYour AnswerTransnationals

    True/FalseQuestionProduct differentiation is not a barrier to entry.Correct AnswerFalseYour AnswerTrue

    Multiple Choice Single AnswerQuestionManagement isCorrect AnswerCreativeYour AnswerCreative

    Select The BlankQuestionThere has been an increased ________ on ________.Correct AnswerrelianceYour AnswerEmphasisCorrect Answerconsultants

    Your Answerreliance

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    Multiple Choice Multiple AnswerQuestionThe different As of the service sector areCorrect Answeracceptability , awareness , availabilityYour Answeracceptability , awareness , availability

    True/FalseQuestionManagement exists only at the top levels of the organization.Correct AnswerFalseYour AnswerFalse

    Select The BlankQuestionIn the Needs- satisfaction chain, every ________ is a ________

    Correct AnswerstepYour AnswerstepCorrect AnswerMotivatorYour AnswerMotivator

    Multiple Choice Single AnswerQuestionOrganization is a set-up of what?Correct Answer

    RelationshipsYour AnswerRelationships

    Match The FollowingQuestionCorrect AnswerYour AnswerProblem PerceptionBounded RationalityWeaknessesBenefitsWeaknessesBounded RationalityTakeoverTurnaroundTurnaroundBudgetsStrategiesRulesPoliciesRulesStrategies

    Multiple Choice Multiple Answer

    QuestionBusiness families have adapted themselves to the new realities such asCorrect Answer

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    customer relationship management , reliable after sales service , new product launchYour Answercustomer relationship management , reliable after sales service , new product launch

    Multiple Choice Single Answer

    QuestionManagement is the combination of Arts, Science andCorrect AnswerProfessionYour AnswerProfession

    Multiple Choice Multiple AnswerQuestionThe Indian customers has been shying away from large stores and supermarket chains due toCorrect Answer

    poverty and low literacy rates , expensive supply chains , low per capita income, low taxesYour Answerpoverty and low literacy rates , low per capita income

    True/FalseQuestionIndia never had its own management practice.Correct AnswerFalseYour AnswerFalse

    Multiple Choice Single AnswerQuestionThe need for co-ordination is created when managers do what to specialized activities?Correct AnswerDivideYour AnswerDistribute

    Select The BlankQuestionSelf-motivation requires a ________ level of ________.Correct AnswerHighYour AnswerHighCorrect AnsweroptimismYour Answeroptimism

    Multiple Choice Multiple AnswerQuestionThe bureaucratic type of leadership is normally criticized forCorrect Answer

    nepotism , delaysYour Answernepotism , autocratic

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    Multiple Choice Multiple AnswerQuestionThe various problems faced by event management industries areCorrect Answerentertainment tax rates , large no. of permissions required , service taxesYour Answer

    entertainment tax rates , large no. of permissions required , service taxes

    True/FalseQuestionIndian business families have focused more on their areas of core competence.Correct AnswerFalseYour AnswerFalse

    Multiple Choice Single AnswerQuestion

    Who said,Management is a multiple organ that manages a business, manages a manager and manages workers and work?

    Correct AnswerPeter DruckerYour AnswerHarold Konntz

    Select The BlankQuestionHenry P. Towne outlined the Importance of ________ as a ________Correct AnswermanagementYour Answer

    managementCorrect AnswerscienceYour Answerscience

    Multiple Choice Multiple AnswerQuestionComponents of planning would includeCorrect Answerobjectives , budgets , proceduresYour Answerobjectives , procedures , people

    Multiple Choice Single AnswerQuestionManagement is not just aCorrect AnswerProcessYour AnswerProcess

    Multiple Choice Single AnswerQuestionAccording to Sehznick, the major task of a leader is not only to make a policy,

    but to build it into organizations what?Correct AnswerCorporate Culture

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    Your AnswerCorporate Culture

    True/FalseQuestionDirection is also done by top and middle level managers.Correct Answer

    TrueYour AnswerTrue

    Multiple Choice Single AnswerQuestionWhat does the insurance company compensate, when an event insured against occurs?Correct AnswerLossesYour AnswerLosses

    Multiple Choice Single AnswerQuestionWho is the Father of Competitive Strategy?Correct AnswerMichael E. PorterYour AnswerPeter F. Drucker

    True/FalseQuestionGreater co-ordination is not needed in sequential rather than pooled interdependence.

    Correct AnswerFalseYour AnswerFalse

    Select The BlankQuestion________ is telling ________ what to do.Correct AnswerDirectionYour AnswerDirectionCorrect AnswerpeopleYour AnswerSubordinates

    Match The FollowingQuestionCorrect AnswerYour AnswerThe process of control is completeonly when corrective action is taken.via information collected.Control highlights omissions if any.

    And makes it possible to take Corrective measures.And makes it possible to take Corrective measures.Control is related to the future.

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    though it lives in the present.of the nature of corrective action to be taken.Changes can be anticipatedvia information collected.though it lives in the present.Control gives the correct pictureof the nature of corrective action to be taken.

    only when corrective action is taken.

    True/FalseQuestionOrganisational morale is basically the individual mental condition.Correct AnswerFalseYour AnswerFalse

    Multiple Choice Multiple AnswerQuestion

    Features of Management are as followsCorrect Answergoal oriented , universal , continuous processYour Answergoal oriented , universal , continuous process

    Select The BlankQuestion________ is a systematic and knowledge of ________ and living.Correct AnswerVedantaYour AnswerVedanta

    Correct AnswerLifeYour AnswerLife

    Multiple Choice Single AnswerQuestionWho propounded theory X and theory Y?Correct AnswerMcGregorYour AnswerHenry Fayol

    Multiple Choice Multiple AnswerQuestionService sector has expanded relentlessly in the past decade due to related events in the 1990sCorrect Answerexplosion of information tech. , slow growth of manufacturing industry , virtualstagnation in agricultureYour Answerexplosion of information tech. , slow growth of manufacturing industry , virtualstagnation in agriculture

    Multiple Choice Single Answer

    QuestionOne of the internal environment factors that influences management isCorrect Answer

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    PlaceYour AnswerLocation

    Select The BlankQuestionActuary ________ and deciding of a specific ________ is the biggest problem.

    Correct AnswerscienceYour AnswerpremiumCorrect AnswerpremiumYour AnswerCompensation

    True/FalseQuestionIf you want it done right, do it yourself, is a fallacy

    Correct AnswerTrueYour AnswerFalse

    Select The BlankQuestionSelf-________ matters a lot to ________Correct AnswerregulationYour AnswerregulationCorrect Answer

    LeadersYour AnswerLeaders

    Multiple Choice Multiple AnswerQuestionSome of the major strategies adopted by business families for their survival andgrowth areCorrect Answerappointment of professional mangers , joint ventures and tie-ups , technology upgradationYour Answerappointment of professional mangers , technology up gradation

    Multiple Choice Single AnswerQuestionOne of the external environment factors that influences Management isCorrect AnswerLegalYour AnswerSkills

    Multiple Choice Single AnswerQuestionFor most hi-tech service industries, the two ingredients are:

    Correct AnswerOnly a and cYour Answer

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    Only a and c

    Multiple Choice Single AnswerQuestionWhich of the following is a necessary by product of good managerial directing ?Correct AnswerCo-ordination

    Your AnswerMonitoring

    Multiple Choice Multiple AnswerQuestionFunctional authority works only when,Correct AnswerAssignment is clarified , The subordinates are allowed to participate , Feedbackcontrol is establishedYour AnswerAssignment is clarified , The subordinates are allowed to participate , Feedbackcontrol is established

    Multiple Choice Multiple AnswerQuestionUnethical acts are results of the following factors:Correct Answerunawareness and insensitivity to issues , selfishness , faulty reasoningYour Answerunawareness and insensitivity to issues , selfishness , faulty reasoning

    Multiple Choice Multiple AnswerQuestionLimitation of control areCorrect Answer

    external factors , fixing of responsibility , variation and its causesYour Answerexternal factors , fixing of responsibility , variation and its causes

    Multiple Choice Single AnswerQuestionName the service which has two prime necessities like co-ordination and infiltration.Correct AnswerStaffYour AnswerStaff

    Multiple Choice Single AnswerQuestionHow many forces of competition are there according to Michael E. Porter?Correct AnswerFiveYour AnswerFive

    Multiple Choice Multiple AnswerQuestionThe internal environment factors that influence management areCorrect Answer

    labour , machines , placeYour Answerlabour , machines , place

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    Select The BlankQuestion________ means draw prior conclusions about the probables of production, sales,profits in the future, on the basis of research.Correct AnswerForecasting

    Your AnswerForecasting

    Multiple Choice Single AnswerQuestionHow many billion dollars is our Retailing sector estimated to be?Correct Answer$ 180 billionYour Answer$ 180 billion

    True/False

    QuestionMotivation of subordinates to meet the expectations of the manager is a featureof direction.Correct AnswerFalseYour AnswerFalse

    Multiple Choice Multiple AnswerQuestionName the tactics used in the intensity of rivalry amongst existing competitors.Correct AnswerPrice competition , Advertising battles , Product introduction

    Your AnswerSubstitute products , Price competition , Advertising battles

    Multiple Choice Single AnswerQuestionWhich concept of ethics tries to explore the traits which help a person to leada life that is satisfying from an ethical point of view?Correct AnswerEthics of VirtueYour AnswerEthics of Virtue

    Multiple Choice Single AnswerQuestionWhat is the challenge insurance will face like any other service sector?Correct AnswerBrandingYour AnswerBranding

    True/FalseQuestionVision without mission is incomplete and mission without vision is meaningless.Correct AnswerTrue

    Your AnswerTrue

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    Select The BlankQuestionDifferent rates are levied by different states for ________ tax.Correct AnswerentertainmentYour Answerentertainment

    True/FalseQuestionScience is a body of organized knowledgeCorrect AnswerTrueYour AnswerTrue

    Multiple Choice Single AnswerQuestionName the group of related businesses that can be taken for the sake of strategic

    planning, distinct from the rest of the businessesCorrect Answerstrategic business unitsYour Answerstrategic business units

    Select The BlankQuestionBrands are associated with lifestyles and people's________.Correct AnsweraspirationsYour Answeraspirations

    Multiple Choice Single AnswerQuestionOrganization is apart of which type of system?Correct AnswerSocialYour AnswerSocial

    Select The BlankQuestionAdvantage of delegation of authority results in prompt ________.Correct AnswerDecision-makingYour AnswerDecision-making

    Match The FollowingQuestionCorrect AnswerYour AnswerPrinciple of effective delegationTo believe in feedback, interaction and result orientation.To believe in feedback, interaction and result orientation.High degree of delegation

    The task is specified to a subordinate and is told to report back with resultsThe task is specified to a subordinate and is told to report back with resultsFunctional authority

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    QuestionCorrect AnswerYour AnswerUnit of commandThis means that employees should receive orders from one superior onlyThis means that employees should receive orders from one superior onlyScalar chain

    Chain of superiors from the highest to the lowest ranksChain of superiors from the highest to the lowest ranksEquityLoyalty, devotion on the part of managers should be there when dealing with subordinatesThis means each group of activities with the same objective must have one head and one planEsprit De CorpsIn union there is strength'In union there is strength'

    Multiple Choice Single Answer

    QuestionThe main role of management consultant to the organisation is to provideCorrect AnswerRecommendationsYour AnswerInformation

    Multiple Choice Multiple AnswerQuestionThe potential external opportunities faced by an organization areCorrect Answeradditional customer groups , faster market groups , falling trade barriersYour Answer

    additional customer groups , falling trade barriers

    Multiple Choice Multiple AnswerQuestionThe service sector has grown because of reasons mentioned belowCorrect Answertendency of distributing specialized knowledge and technology capital for labourin the manufacturing industry , technology no longer gives a competitive edge to manufacturing activities in the global scenario , as income increases, consumer demands for services increase faster than those for goodsYour Answeras income increases, consumer demands for services increase faster than those for goods , a change in customer demand pattern from traditional to modern, globalstds

    Multiple Choice Multiple AnswerQuestionThe family owned businesses like Tata and Birla, also face major fears likeCorrect AnswerRight successor , Stumbling self-confidence , Lack of professional managementYour AnswerRight successor , Stumbling self-confidence , Lack of professional management

    True/FalseQuestion

    Management is the combination of Arts, Science and profession.Correct AnswerTrue

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    Your AnswerTrue

    Select The BlankQuestionActuary is one who specializes in the________of insurance.Correct Answer

    mathematicsYour Answermathematics

    True/FalseQuestionOne of the oldest technique of checking performance is the personal observation.Correct AnswerTrueYour AnswerTrue

    True/FalseQuestionDelegation and decentralization are closely related to each other.Correct AnswerTrueYour AnswerTrue

    Multiple Choice Multiple AnswerQuestionIn the complex new liberalized economy business families face common problems such asCorrect Answer

    Unproductive labour , Falling share value , Transnational attachYour AnswerUnproductive labour , Falling share value , Transnational attach

    Multiple Choice Single AnswerQuestionWhat articulates the long-term goals of an enterprise ?Correct AnswerVission StatementYour AnswerVission Statement

    Multiple Choice Multiple AnswerQuestionSome of the popular forecasts areCorrect AnswerDemand forecast , Sales forecast , Specific industry forecastYour AnswerDemand forecast , Sales forecast , Specific industry forecast

    True/FalseQuestionYou should never measure the process and develop tools that will measure your progress.Correct Answer

    FalseYour AnswerFalse

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    Select The BlankQuestionMany families were running the business with a law ________ stake of 15% to 20%.Correct AnswerCapitalYour Answer

    Capital

    True/FalseQuestionManagement exists only at the top levels of the organization.Correct AnswerFalseYour AnswerFalse

    True/FalseQuestion

    Direction initiates at the bottom level in the organisation and follows to top through the hierarchy.Correct AnswerFalseYour AnswerFalse

    Select The BlankQuestionHigh morale is likely to be associated with superior motivation and low morale with ________, and a lack of drive.Correct Answerfrustration

    Your Answerstress

    Multiple Choice Multiple AnswerQuestionResearch indicates that the limbic system learns best throughCorrect Answermotivation , extended practice , feedbackYour Answermotivation , extended practice , feedback

    Multiple Choice Multiple AnswerQuestionAdvantages of learning organizations should beCorrect AnswerFree exchange and flow of information , Commitment to learning, personal development , Climate of openness and trustYour AnswerFree exchange and flow of information , Commitment to learning, personal development , Climate of openness and trust

    True/FalseQuestionMorale is the sum total of various physical qualities.Correct Answer

    FalseYour AnswerTrue

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    Multiple Choice Single AnswerQuestionWhat type of industry is consultingCorrect AnswerKnowledgeYour Answer

    Specialist

    Multiple Choice Single AnswerQuestionWhich Indian pharma company has recently started an SBU?Correct AnswerRanbaxyYour AnswerRanbaxy

    Select The BlankQuestion

    ________is a tool for corporate governance.Correct AnswercommunicationYour Answercommunication

    Multiple Choice Single AnswerQuestionWhat does control maintain between output and effort?Correct AnswerEquilibriumYour AnswerBalance

    True/FalseQuestionHorizontal co-ordination takes place sideways.Correct AnswerTrueYour AnswerTrue

    Match The FollowingQuestionCorrect AnswerYour AnswerWho is the father of the three-needs theory?McClelland

    Who discovered the Expectancy theory?Vroom

    What is a basic need?FoodVroomWhat is an esteem need?Self-esteem

    Who propounded Theory X?McGregor

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    Multiple Choice Multiple AnswerQuestionThe non-financial type of motivators would beCorrect Answerencouragement , freedom , recognitionYour Answer

    encouragement , freedom , recognition

    Select The BlankQuestionNew companies feel that________is the most appropriate type of alliance.Correct AnswerJoint-ventureYour AnswerJoint-venture

    Multiple Choice Single AnswerQuestion

    What is that the consultant must be able to recognise about the client's futureneeds ?Correct AnswerVisionYour AnswerGoal

    Select The BlankQuestionLearning organizations are adaptive to their________environmentCorrect AnswerexternalYour Answer

    external

    Match The FollowingQuestionCorrect AnswerYour AnswerVipassanaMeditationMeditationVisionaryMissionaryMissionaryKnowledge WorkerWisdom WorkerWisdom WorkerTamasRajasRajasKarmaDestinyDestiny

    Select The BlankQuestionEvent ________ has various ________ opportunities.

    Correct AnswermanagementYour Answer

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    managementCorrect AnswerCareerYour AnswerCareer

    Multiple Choice Multiple Answer

    QuestionSome of the public insurance companies areCorrect AnswerLIC , Oriental Insurance , General InsuranceYour AnswerLIC , General Insurance , Allianz AG

    Multiple Choice Multiple AnswerQuestionFedrick Winslow Taylors Mechanism of Scientific Management includesCorrect Answerscientific task setting , planning the task , standardization of tools and equip

    mentsYour Answerscientific task setting , planning the task , standardization of tools and equipments

    Select The BlankQuestionUnder the principles of effective delegation, it is said that never delegate and________.Correct AnswerDisappearYour AnswerDisappear

    Select The BlankQuestionThe higher the ________ level of the employee, the lower the ________ satisfaction.Correct AnswereducationalYour AnswereducationalCorrect AnswerjobYour Answerjob

    Multiple Choice Single AnswerQuestionWho said, Management is management of Men, Money, Machinery Materials and Information?Correct AnswerAnonymousYour AnswerPeter Drucker

    Select The BlankQuestion

    ________ is the result of human limitation to the span of management.Correct AnswerDelegation

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    Your AnswerDelegation

    Multiple Choice Single AnswerQuestionLearning organizations must possess what type of culture?Correct Answer

    LearningYour AnswerLearning

    Select The BlankQuestionA ________ faced by the retail business is the ________ aspect.Correct AnswerchallengeYour AnswerchallengeCorrect Answer

    culturalYour Answercultural

    Multiple Choice Multiple AnswerQuestionThe different As of the service sector areCorrect Answeracceptability , awareness , availabilityYour Answeracceptability , awareness , availability

    Multiple Choice Multiple Answer

    QuestionSome of the external factors that limit control areCorrect Answergovt. policies , market changes , economic changesYour Answergovt. policies , organizational policies , market changes

    True/FalseQuestionthe heart of administration is the directing function.Correct AnswerTrueYour AnswerTrue

    True/FalseQuestionService denotes physical transfer of goods.Correct AnswerFalseYour AnswerTrue

    True/FalseQuestion

    For effective control, different departments should have uniform systems of control.Correct Answer

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    Correct Answerthey prefer to pay in cash , they like to touch and feel the merchandise , theywant attention to be given to all members of their groupYour Answerthey prefer to pay in cash , they like to touch and feel the merchandise , theywant attention to be given to all members of their group

    Multiple Choice Single AnswerQuestionWhere is the attack on business families coming fromCorrect AnswerTransnationalsYour AnswerTransnationals

    Select The BlankQuestionDirection is a ________ function performed by all the managers at all levels ofthe organisation.

    Correct AnswermanagerialYour Answercomplex

    Multiple Choice Multiple AnswerQuestionIn the insurance sector the rules governing Indian companies areCorrect Answermin. paid up capital of Rs. 1 billion , domestic player cannot be subsidiary offoreign co. , no dealing in non-insurance and non-life as single entityYour Answermin. paid up capital of Rs. 1 billion , 26% equity participation , no dealing in

    non-insurance and non-life as single entity

    True/FalseQuestionDevelopment of the retail sector requires a slow change in our mindset.Correct AnswerTrueYour AnswerTrue

    True/FalseQuestionSuccession planning is not a function of the Board of Directors.Correct AnswerFalseYour AnswerTrue

    True/FalseQuestionIndian business families are still avoiding joint ventures and tie-ups.Correct AnswerFalseYour AnswerTrue

    Multiple Choice Multiple AnswerQuestion

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    Retailing categories based on ownership arrangement would beCorrect AnswerSuper Markets , Consumer Durables Stores , Departmental StoresYour AnswerSuper Markets , Departmental Stores , Shopping Malls

    PPM assgn

    Multiple Choice Single AnswerQuestionWho said, Management is management of Men, Money, Machinery Materials and Information?Correct AnswerAnonymousYour AnswerAnonymous

    Multiple Choice Single AnswerQuestionManagement is

    Correct AnswerMultidisciplinaryYour AnswerMultidisciplinary

    Multiple Choice Multiple AnswerQuestionThe features of art is as followsCorrect Answerskill , knowledge , creativityYour Answerskill , knowledge , creativity

    Multiple Choice Multiple AnswerQuestionScience as a discipline has the following featuresCorrect Answerbody of organized knowledge , establishes cause and effect relationshipYour Answerbody of organized knowledge , establishes cause and effect relationship

    True/FalseQuestionManagement is conditionalCorrect AnswerFalseYour AnswerTrue

    True/FalseQuestionScience is a body of organized knowledge.Correct AnswerTrueYour AnswerTrue

    Multiple Choice Single Answer

    QuestionWho formulated the l4 Principles of Management?Correct Answer

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    Henry FayolYour AnswerHenry Fayol

    Multiple Choice Multiple AnswerQuestionSome of the popular forecasts are

    Correct Answerdemand forecast , sales forecastYour Answerdemand forecast , sales forecast

    Multiple Choice Multiple AnswerQuestionA vision statement should have the following componentsCorrect Answerability to inspire people , achievable , precise and objectiveYour Answerability to inspire people , achievable , precise and objective

    True/FalseQuestionDrucker emphasized an MBO philosophy for self-helpCorrect AnswerFalseYour AnswerTrue

    Match The FollowingQuestionCorrect AnswerYour Answer

    ControlStandardDesignMeasurementPerformancePerformanceMotivatingEmployeesEmployeesDeviationsActionStandardFlexibleDesignAction

    Multiple Choice Single AnswerQuestionWhat does control set up for the organization?Correct AnswerStandardsYour AnswerStandards

    True/False

    QuestionNecessary rigidity is required in the control design.Correct Answer

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    FalseYour AnswerTrue

    True/FalseQuestionControl has to be flexible.

    Correct AnswerTrueYour AnswerTrue

    True/FalseQuestionControl helps management in knowing which department needs less attention.Correct AnswerFalseYour AnswerFalse

    Multiple Choice Single AnswerQuestionBy creating independent units what can be done to the need for coordination?Correct AnswerReducedYour AnswerReduced

    Multiple Choice Single AnswerQuestionWhat does coordination do to corporate and individual goals?Correct Answer

    HarmonizesYour AnswerHarmonizes

    True/FalseQuestionUnder planning targets of each department need not be compared with targets of all other departments.Correct AnswerFalseYour AnswerTrue

    Multiple Choice Multiple AnswerQuestionThe different leadership styles areCorrect AnswerAutocratic , democratic , laissez - faireYour AnswerAutocratic , democratic , laissez - faire

    Multiple Choice Multiple AnswerQuestionSome of the traits of leaderships are as followsCorrect Answer

    emotional stability , communication skill , knowledge of human relationsYour Answeremotional stability , communication skill , knowledge of human relations

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    Multiple Choice Multiple AnswerQuestionUnder hard boiled type of autocratic leadership, the employees tend to becomeCorrect Answerqresentful , uarrelsomeYour Answer

    qresentful , uarrelsome

    Multiple Choice Single AnswerQuestionWhich need includes the basic human needs of food, clothing and shelter?Correct AnswerPhysiological needsYour AnswerSocial affiliation need

    Multiple Choice Multiple AnswerQuestion

    Some of the general motivators areCorrect Answerjob security , freedom at workplace , interesting workYour Answerjob security , freedom at workplace , interesting work

    Multiple Choice Single AnswerQuestionMany organizational problems have their root cause in what?Correct AnswerMisunderstandingsYour AnswerMisunderstandings

    Multiple Choice Multiple AnswerQuestionThe different types of psychological barriers to communication will beCorrect Answerego , status consciousness , closed mindYour Answerego , status consciousness , closed mind

    Multiple Choice Multiple AnswerQuestionThe functional management challenges in service sector areCorrect Answerhuman resource , marketing and advertising , finance and taxationYour Answerhuman resource , marketing and advertising , finance and taxation

    Multiple Choice Single AnswerQuestionWhat proportion is the organized sector of the retail market?Correct Answer2 %Your Answer2 %

    True/FalseQuestionMass activities have started in modern times .

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    Correct AnswerFalseYour AnswerTrue

    Multiple Choice Single AnswerQuestion

    Corporate Governance is the term given to which practices?Correct AnswerManagementYour AnswerManagement

    True/FalseQuestionThere are three central ideas associated with consequentialism.Correct AnswerFalseYour Answer

    False

    Multiple Choice Single AnswerQuestionWhat is an independent business with a coherent set of products, strategies, andobjectives, calledCorrect AnswerStrategic Business UnitYour AnswerStrategic Business Unit

    True/FalseQuestion

    EQ was first brought to attention by Benott Simon .Correct AnswerFalseYour AnswerFalse

    Match The FollowingQuestionCorrect AnswerYour AnswerTatasIndian HotelsBPLNambiarsBPLBombay DyeingNulsi WadiaBombay DyeingIndian HotelsAzeem PremjiWiproWiproSinghaniasRaymondsRaymonds

    Multiple Choice Single AnswerQuestion

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    What is the role of management consultants?Correct AnswerAll of theseYour AnswerOnly a and b

    Select The Blank

    Question________ is a scientific process of looking ________, which is based on past performanceCorrect AnswerForecastingYour AnswerForecastingCorrect AnswerforwardYour Answerforward

    Select The BlankQuestion________ is crucial to an organisatons ________.Correct AnswerDirectingYour AnswerDirectingCorrect AnswersuccessYour Answersuccess

    Select The Blank

    QuestionControl through the ________ information will enable proper ________ of plans.Correct AnswerfeedbackYour AnswerfeedbackCorrect AnswerimplementationYour Answerimplementation

    Select The BlankQuestionTheory Y assumes that people will exercise self-________ and control towards achieving ________ they are committed to.Correct AnswerdirectionYour AnswerdirectionCorrect AnswerobjectivesYour Answerobjectives

    Select The Blank

    QuestionThe higher the ________ level of the employee, the lower the ________ satisfaction.

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    Correct AnswereducationalYour AnswereducationalCorrect AnswerjobYour Answer

    job

    Select The BlankQuestion________ is concerned with what is Good and right for ________.Correct AnswerEthicsYour AnswerEthicsCorrect AnswersocietyYour Answer

    society

    Select The BlankQuestionMake sure to follow the proper ________ in reporting the ________.Correct AnswerGuidelinesYour AnswerGuidelinesCorrect AnswerwrongdoingYour Answerwrongdoing

    Select The BlankQuestionAn ________ is a Group of related ________Correct AnswerSBUYour AnswerSBUCorrect AnswerbusinessesYour Answerbusinesses

    Select The BlankQuestionEmotional ________ is the Realization to ________.Correct AnswerintelligenceYour AnswerintelligenceCorrect AnswersenseYour AnswerPurpose

    Multiple Choice Multiple AnswerQuestionThe aspects of corporate governance are

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    Correct AnswerRulesYour AnswerRulesCorrect AnswerdirectionYour Answer

    direction

    True/FalseQuestionTo avoid order and clarity there should be unity of command.Correct AnswerFalseYour AnswerTrue

    Multiple Choice Multiple AnswerQuestion

    The different leadership styles areCorrect AnswerAutocratic , democratic , laissez - faireYour AnswerAutocratic , benevolent , democratic , laissez - faire

    Select The BlankQuestionCompanies seeking to improve have taken a plethora of initiatives such as ________ and ________Correct AnswerTQMYour Answer

    TQMCorrect AnswerBPRYour AnswerBPR

    Multiple Choice Single AnswerQuestionWhat has led to the stumbling of Indian companies?Correct AnswerSelf-confidenceYour AnswerSelf-confidence

    Select The BlankQuestion________ divide work into specialized ________.Correct AnswerManagersYour AnswerManagersCorrect AnswerfunctionsYour Answerfunctions

    Multiple Choice Multiple AnswerQuestion

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    The internal environment factors that influence management areCorrect Answerlabour , machines , placeYour Answerlabour , machines

    Multiple Choice Single Answer

    QuestionCo-ordination must be visualized from which stage of planning and policymaking?Correct AnswerEarlyYour AnswerEarly

    True/FalseQuestionManagement consultants do not assist implementation.Correct AnswerFalse

    Your AnswerFalse

    Select The BlankQuestion________ management includes ________ of tools and equipments.Correct AnswerScientificYour AnswerScientificCorrect AnswerStandardizationYour Answer

    Standardization

    Select The BlankQuestionA ________ faced by the retail business is the ________ aspect.Correct AnswerchallengeYour AnswerchallengeCorrect AnswerculturalYour Answercultural

    Select The BlankQuestion________ should ________ its resources in key areasCorrect AnswerSBUYour AnswerSBUCorrect AnswerManageYour AnswerManage

    True/FalseQuestion

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    Frederick W. Taylor was born before Henry FayolCorrect AnswerFalseYour AnswerFalse

    Multiple Choice Single Answer

    QuestionWho said, Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of grCorrect AnswerKoontz & O DonellYour AnswerKoontz & O Donell

    Multiple Choice Single