Principles and Practices of Management

Principles and Practices of Management - 3 Multiple Choice Multiple AnswerQuestion The external environmental factors that influence management areCorrect Answer Economic , Political , TechnologicalYour Answer Economic , Political , Technological

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

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

Select The BlankQuestion ________ decisions relate to the day to day operations of the enterprise generally taken by middle and lower level management.Correct Answer OperativeYour Answer Organisational

Multiple Choice Single AnswerQuestion Successful consultants should promote their consultancy through what ?Correct Answer NetworkYour Answer Network

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

Select The BlankQuestion MBO was invented by ________.Correct Answer Peter DruckerYour Answer Peter Drucker

Multiple Choice Single AnswerQuestion Profession requires definite period of what?Correct Answer LearningYour Answer Practice

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

Multiple Choice Single AnswerQuestion Organization is apart of which type of system?Correct Answer SocialYour Answer Scientific

Multiple Choice Multiple AnswerQuestion David C Mc Celland identified three motives those areCorrect Answer Affiliation , Power , AchievementYour Answer Affiliation , Power , Achievement

Multiple Choice Multiple AnswerQuestion International consultancy is said to beCorrect Answer Glamorous , Challenging , TrendyYour Answer Glamorous , Challenging , Reliant

Select The BlankQuestion Failure to give ________ to goal setters is a weakness of MBO.Correct Answer guidelinesYour Answer guidelines

True/FalseQuestion Management is the combination of Arts,Science and Profession.Correct Answer TrueYour Answer True

Select The BlankQuestion Under the types of motivators, non-financial motivators are encouragement, freedom ________.Correct Answer recognitionYour Answer recognition

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

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

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

Multiple Choice Multiple AnswerQuestion A vision statement should have the following componentsCorrect Answer ability to inspire people , achievable , precise and objectiveYour Answer ability to inspire people , achievable , precise and objective

Multiple Choice Single AnswerQuestion One of the key features of services is that they areCorrect Answer intangibleYour Answer non-perishable

Select The BlankQuestion The process of control is complete only when the organisation take ________ action.Correct Answer correctiveYour Answer effective

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

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

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

Multiple Choice Multiple AnswerQuestion Features of Management are as followsCorrect Answer goal oriented , universal , continuous processYour Answer goal oriented , universal , continuous process

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

Select The BlankQuestion ________provides a corporate responsibility and it is the application of a proven and systematic body of knowledge.Correct Answer ProfessionYour Answer Management

True/FalseQuestion Management as a discipline needs certificate of practice.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion For most hi-tech service industries the major components areCorrect Answer Infrastructure , Knowledge , labourYour Answer Infrastructure , Knowledge , Information technology

Match The FollowingQuestionCorrect AnswerYour AnswerManagementCreativeDynamicProfessional ManagerDynamicProfessionArtSkillScienceCode of ConductProfessionCreativePredictive PowerScienceSkill

True/FalseQuestion Science is a body of organized knowledgeCorrect Answer TrueYour Answer True

Select The BlankQuestion A superior should always establish a ________ control so that his subordinates report to him periodically.Correct Answer FeedbackYour Answer Appropriate

Multiple Choice Single AnswerQuestion It is said that communication is a meaningfulCorrect Answer interactionYour Answer interaction

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

Multiple Choice Single AnswerQuestion Management exists at which levels of the organization?Correct Answer AllYour Answer All

True/FalseQuestion The Indian consumer does not see shopping as an end in itself.Correct Answer FalseYour Answer True

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

Multiple Choice Single AnswerQuestion One of the factors which learning organizations possess is a climate of openness and the other factor isCorrect Answer trustYour Answer trust

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

True/FalseQuestion Profession needs certificate of practiceCorrect Answer TrueYour Answer False

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

True/FalseQuestion Learning from mistakes is often more powerful than learning from success.Correct Answer TrueYour Answer True

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

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

True/FalseQuestion The theory of Bureaucracy was first propounded by Henry L.Gantt.Correct Answer FalseYour Answer True

Match The FollowingQuestionCorrect 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 BlankQuestion Learning from mistakes is often more powerful than learning from________.Correct Answer SuccessYour Answer Successat 6:31 AM 0 comments Links to this post Labels: Principles and Practices of Management Principles and Practices of Management - 2 Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management isCorrect Answer LegalYour Answer Legal

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

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

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

Multiple Choice Multiple AnswerQuestion Certain important motivational techniques areCorrect Answer Monetary incentives , Job-based techniques , MBO techniquesYour Answer Security technique , Monetary incentives , MBO techniques

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

True/FalseQuestion Decision-making is a primary part of the managerial process.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Of which type of knowledge is science a body of?Correct Answer OrganizedYour Answer Assimilated

Multiple Choice Multiple AnswerQuestion Types of degree of delegations are:Correct Answer Low degree , Moderate degree , High degreeYour Answer Low degree , Moderate degree , High degree

True/FalseQuestion The unorganized sector is mainly concentrated in metropolitan cities.Correct Answer FalseYour Answer False

True/FalseQuestion Learning organizations should imitate a task force.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Learning organizations must cope with challenge andCorrect Answer uncertaintyYour Answer uncertainty

Select The BlankQuestion LPG stands for liberalization, ________ and globalization.Correct Answer PrivatizationYour Answer Privatization

Match The FollowingQuestionCorrect AnswerYour AnswerEmpathyIt 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 BennetHe 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 AnswerQuestion Every company undertakes the process of forecasting by various competent authorities which can be listed asCorrect Answer CII , RBI , CMIEYour Answer CII , RBI , CMIE

Multiple Choice Single AnswerQuestion Management is not just aCorrect Answer ProcessYour Answer Process

Select The BlankQuestion The concept of value and the concept of maximization of value are related to________concept of Ethics.Correct Answer ConsequentialismYour Answer Consequentialism

Select The BlankQuestion Events are occurrences designed for ________ interests.Correct Answer marketingYour Answer marketing

Multiple Choice Single AnswerQuestion Management is purposeful and what?Correct Answer Goal orientedYour Answer Goal oriented

Multiple Choice Single AnswerQuestion Management is the combination of Arts, Science andCorrect Answer ProfessionYour Answer Profession

Multiple Choice Single AnswerQuestion Management isCorrect Answer MultidisciplinaryYour Answer Multidisciplinary

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

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

True/FalseQuestion There are three central ideas associated with consequentialism.Correct Answer FalseYour Answer False

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

Multiple Choice Multiple AnswerQuestion Retailing categories based on ownership arrangement would beCorrect Answer Super Markets , Consumer Durables Stores , Departmental StoresYour Answer Super Markets , Consumer Durables Stores , Departmental Stores

Multiple Choice Single AnswerQuestion Science is a body of which type of Knowledge?Correct Answer OrganizedYour Answer Assimilated

True/FalseQuestion Peter Drucker various publications have sold about 5 -6 million copies worldwide.Correct Answer TrueYour Answer True

Select The BlankQuestion Latest approach signifies organization has a part of ________ system.Correct Answer SocialYour Answer Social

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

Multiple Choice Single AnswerQuestion Which of the options best describes the employment capacity of the retailing sector? It is theCorrect Answer second largest employer after agricultureYour Answer second largest employer after agricultureSelect The BlankQuestion ________organizations have systems, mechanisms and processes in place.Correct Answer LearningYour Answer Learning

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

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

True/FalseQuestion In principle the chairman and the CGO have the same role to play.Correct Answer FalseYour Answer True

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

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

Multiple Choice Single AnswerQuestion A business unit must meet specific criteria, if it wants to be called an SBU. These areCorrect Answer Definable group of competitorsYour Answer Definable group of competitors

Multiple Choice Single AnswerQuestion What does Maslow propound about the five needs ?Correct Answer HierarchyYour Answer Hierarchy

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

Select The BlankQuestion ________ is the ability to sense, understand and effectively apply emotion.Correct Answer Emotional IntelligenceYour Answer Emotional Quotient

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

Match The FollowingQuestionCorrect AnswerYour 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 AnswerQuestion Some of the public insurance companies areCorrect Answer LIC , Oriental Insurance , General InsuranceYour Answer LIC , Oriental Insurance , General Insurance

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

Select The BlankQuestion Brands are associated with lifestyles and people's________.Correct Answer aspirationsYour Answer aspirations

Multiple Choice Single AnswerQuestion Management isCorrect Answer CreativeYour Answer Creativeat 6:30 AM 0 comments Links to this post Labels: Principles and Practices of Management Principles and Practices of Management - 1 True/FalseQuestion Management is always defined as dynamic, universal, ever-changing subject.Correct Answer TrueYour Answer True

True/FalseQuestion A budget as a plan of statement of expected results is expressed in numerical terms.Correct Answer TrueYour Answer False

Multiple Choice Multiple AnswerQuestion Name the leading event management companies in IndiaCorrect Answer Midas , Pinnacle , WizcraftYour Answer Midas , Pinnacle , Wizcraft

Multiple Choice Single AnswerQuestion Who said, Management is management of Men, Money, Machinery Materials and Information?Correct Answer AnonymousYour Answer Anonymous

Multiple Choice Multiple AnswerQuestion A procedure has the following advantagesCorrect Answer ensures uniformity of action , increases co-ordination , provides good standard for the manageYour Answer ensures uniformity of action , increases co-ordination , provides good standard for the manage

Multiple Choice Single AnswerQuestion What is it that can be described as a readiness to co-operate warmly in the task and purposes of a given group organisation.Correct Answer MoraleYour Answer Co-ordination

Match The FollowingQuestionCorrect AnswerYour AnswerDisclosurestransparenttransparentShareholder democracymyth in Indiamyth in IndiaPlanningboard of directorsinvest time and effortsTrustcorporate governancefunction of board

Select The BlankQuestion The retailing sector in India has been quite________.Correct Answer staid and boringYour Answer staid and boring

Multiple Choice Single AnswerQuestion India has been experiencing the unique stranglehold of our_____Correct Answer traditional kirana storesYour Answer traditional kirana stores

Multiple Choice Single AnswerQuestion Emotional Quotient increases with age commonly known asCorrect Answer maturityYour Answer maturity

Select The BlankQuestion The service sector has expanded because of the virtual stagnation of the________sector.Correct Answer agriculturalYour Answer agricultural

Multiple Choice Single AnswerQuestion Span of management depends upon the ability of whom?Correct Answer EmployeesYour Answer Enterprise

Multiple Choice Single AnswerQuestion What would essentially shape the growth and future of any economy?Correct Answer Adequate and quality corporate governanceYour Answer Adequate and quality corporate governance

Multiple Choice Single AnswerQuestion Who said, Management is a multiple organ that manages a business, manages a manager and manages workers and work?Correct Answer Peter DruckerYour Answer Peter Drucker

Select The BlankQuestion ________ means draw prior conclusions about the probables of production, sales, profits in the future, on the basis of research.Correct Answer ForecastingYour Answer Forecasting

Select The BlankQuestion Limitations of business planning is that it has been considered as time consuming and ________ device.Correct Answer expensiveYour Answer risk

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

Multiple Choice Single AnswerQuestion Who 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 Answer Koontz & O DonellYour Answer Koontz & O Donell

Select The BlankQuestion Management as a discipline does not require any________of practice.Correct Answer certificateYour Answer certificate

Select The BlankQuestion ________is at the core of corporate governance.Correct Answer trustYour Answer trust

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

True/FalseQuestion Wrong medium of communication is a physical barrier.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion One of the internal environment factors that influences management isCorrect Answer PlaceYour Answer Place

Multiple Choice Multiple AnswerQuestion Services are defined as the art and science of managingCorrect Answer the expectations of others , the experiences of people , the demands of the customerYour Answer the expectations of others , the experiences of people

Multiple Choice Multiple AnswerQuestion Name the three important Generic Competitive Strategies.Correct Answer Overall cost leadership , Differential , FocusYour Answer Differential , Focus , Strategy

True/FalseQuestion Delegation and decentralization are closely related to each other.Correct Answer TrueYour Answer True

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

True/FalseQuestion Morale is the sum total of various physical qualities.Correct Answer FalseYour Answer False

Select The BlankQuestion Direction is a ________ function performed by all the managers at all levels of the organisation.Correct Answer managerialYour Answer managerial

Multiple Choice Multiple AnswerQuestion Principles of effective delegation are:Correct Answer Train 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 Answer strengthYour Answer Strength

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

Multiple Choice Multiple AnswerQuestion The family owned businesses like Tata and Birla, also face major fears likeCorrect Answer Right successor , Stumbling self confidence , Lack of professional managementYour Answer Right 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 enterpriseManagement is the creation and maintenance of internal environment in an enterprisePeter DruckerManagement is a multi-purpose organ that manages a business, manages workers and workManagement is a multi-purpose organ that manages a business, manages workers and work

Select The BlankQuestion ________ are at a minimum where the morale is high.Correct Answer GrievancesYour Answer Grievances

True/FalseQuestion the heart of administration is the directing function.Correct Answer TrueYour Answer True

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

Multiple Choice Multiple AnswerQuestion Name the flagship companies under the group of "Aditya Birla"Correct Answer Hindalco , Indo-Gulf Fertilizers , Birla CorporationYour Answer Hindalco

Multiple Choice Multiple AnswerQuestion Fredrick Winslow Taylor's Mechanism of scientific management includes,Correct Answer Scientific task setting , Planning task setting , Standardization of toolsYour Answer Scientific task setting , Planning task setting , Standardization of tools

Multiple Choice Multiple AnswerQuestion Future of Insurance sector would beCorrect Answer new players taking over the market , improved customer service , strong hold of nationalized playersYour Answer new players taking over the market , improved customer service , strong hold of nationalized players

Multiple Choice Single AnswerQuestion To which practice is the term "corporate governance" given?Correct Answer ManagementYour Answer Management

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 Answer mentorYour Answer mentor

Select The BlankQuestion Govt. services comprise________, defence and social goods.Correct Answer public administrationYour Answer service sector

True/FalseQuestion Unity of command means that employees should receive orders from one superior only.Correct Answer TrueYour Answer True

True/FalseQuestion Posture' and Observance' are not included under the 'yogic' exercisesCorrect Answer FalseYour Answer False

Select The BlankQuestion Management is a creative and________process.Correct Answer continuousYour Answer continuous

True/FalseQuestion Every manager in an organisation gives direction to his subordinates as a superior and receives direction as subordinate from his superior.Correct Answer TrueYour Answer True

Principles and Practices of Management - 6 Multiple Choice Multiple AnswerQuestion The following are the elements of controlCorrect Answer authority and knowledge , guidance and direction , constraint and restraintYour Answer authority and knowledge , guidance and direction , constraint and restraint , comparison and correctiveness

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

Multiple Choice Single AnswerQuestion Which type of strategies do professional managers help organizations in chalking out?Correct Answer corporateYour Answer multi-disciplinary

True/FalseQuestion Deontological ethics believe that mature persons have inadequate capacity to reason.Correct Answer FalseYour Answer True

True/FalseQuestion Management exists only at the top levels of the organization.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Name the leading ad agencies in India that have a separate event section.Correct Answer Vigennet , Ogilvy , MathersYour Answer Vigennet , Ogilvy , Mathers

Multiple Choice Single AnswerQuestion What would be the percentage of equity participation under the rules governing foreign companies?Correct Answer 0.26Your Answer 0.26

Select The BlankQuestion Frederic W.Taylor's middle name is ________.Correct Answer WinslowYour Answer Winslow

Select The BlankQuestion ________ means draw prior conclusions about the probables of production, sales, profits in the future, on the basis of research.Correct Answer ForecastingYour Answer Forecasting

Multiple Choice Multiple AnswerQuestion Limitation of control areCorrect Answer external factors , fixing of responsibility , variation and its causesYour Answer external factors , internal factors , fixing of responsibility

Multiple Choice Multiple AnswerQuestion The various tools employed by the companies to improve and sustain employee moraleCorrect Answer building of responsibility , rotation of jobs , job enrichmentYour Answer retention of authority , building of responsibility , rotation of jobs , job enrichment

Multiple Choice Multiple AnswerQuestion International consultancy is said to beCorrect Answer Glamorous , Challenging , TrendyYour Answer Glamorous , Trendy , Reliant

Select The BlankQuestion MBO was invented by ________.Correct Answer Peter DruckerYour Answer Peter Drucker

Match The FollowingQuestionCorrect AnswerYour AnswerPotential external opportunitiesComplacency among rival firmsComplacency among rival firmsBPRBusiness process reengineeringBusiness process reengineeringTQMTotal quality managementTotal quality managementPotential internal strengthsA distinctive competenceA distinctive competence

Multiple Choice Single AnswerQuestion Who 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 Answer Koontz & O DonellYour Answer Koontz & O Donell

Multiple Choice Multiple AnswerQuestion Some of the management functions mentioned by Henry Fayol are :Correct Answer Planning , Control , Co-ordinationYour Answer Planning , Control , Co-ordination

True/FalseQuestion The unorganized sector is mainly concentrated in metropolitan cities.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Some managements who are very much intimated by consulting firms, what are they likely to looseCorrect Answer ConfidenceYour Answer Confidence

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

True/FalseQuestion Demand forecast is one of the popular forecasts.Correct Answer TrueYour Answer True

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

Multiple Choice Multiple AnswerQuestion Some tips for improving written communication would beCorrect Answer Avoid unnecessary words , Use simple words and phrases , Use short and familiar wordsYour Answer Avoid unnecessary words , Use simple words and phrases , Use short and familiar words

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

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

Multiple Choice Multiple AnswerQuestion The different kinds of relationships for selecting the span of control would be :Correct Answer One to one , Cross relationship , Direct groupYour Answer One to one , Cross relationship , Direct group

Multiple Choice Single AnswerQuestion Management is said to be the combination of three factors, arts, science and the third isCorrect Answer professionYour Answer profession

Multiple Choice Multiple AnswerQuestion Functional authority works only when,Correct Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is establishedYour Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is established

Multiple Choice Single AnswerQuestion The fundamental objective of corporate governance is essentiallyCorrect Answer enhancement of long term shareholder valueYour Answer protecting the interest of other shareholders

True/FalseQuestion Policy is supposed to be immutable, unchanging and eternal.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion A procedure has the following advantagesCorrect Answer ensures uniformity of action , increases co-ordination , provides good standard for the manageYour Answer ensures uniformity of action , increases co-ordination , provides good standard for the manage

True/FalseQuestion Management is always defined as dynamic, universal, ever-changing subject.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Under principle of effective communication what should be fully understood by all concerned.Correct Answer tasks , policies , responsibilitiesYour Answer tasks , policies , responsibilities

Multiple Choice Single AnswerQuestion One of the popular forecast isCorrect Answer DemandYour 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 RamdasSetting goals and accomplishing it.Conception of administration and managementKing AkbarCreator of social progress and prosperitySetting goals and accomplishing it.

Select The BlankQuestion Costliness of the ________ is the overriding factor determining the extent of decentralization.Correct Answer DecisionYour Answer Staffing

Multiple Choice Single AnswerQuestion What is essential for the management to get things done in the organization?Correct Answer DelegationYour Answer Delegation

True/FalseQuestion Indian companies because of confused status have lacked self-confidence.Correct Answer TrueYour Answer True

Select The BlankQuestion Charles Babbage built the first prototype of modern ________.Correct Answer ComputersYour Answer Computers

Select The BlankQuestion Consultants must conduct diagnosis to redefine ________.Correct Answer ProblemYour Answer Problem

True/FalseQuestion Lower level managers need EQ most.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion Companies seeking to improve have taken a plethora of initiatives such asCorrect Answer TQMYour Answer TQM

Multiple Choice Multiple AnswerQuestion Some of the limitations of business planning areCorrect Answer Time Consuming , Expensive device , Heavy cost of planningYour Answer Time Consuming , Expensive device , Heavy cost of planning

Select The BlankQuestion Events are occurrences designed for ________ interests.Correct Answer marketingYour Answer marketing

Select The BlankQuestion Positive motivation makes people willing to do their work in the best way they can and improve their ________.Correct Answer performanceYour Answer productivity

Multiple Choice Single AnswerQuestion To which practice is the term "corporate governance" given?Correct Answer ManagementYour Answer Management

Select The BlankQuestion Under the types of motivators, non-financial motivators are encouragement, freedom ________.Correct Answer recognitionYour Answer recognitionat 6:00 AM 0 comments Links to this post Labels: Principles and Practices of Management (Set II) Thursday, June 5, 2008Principles and Practices of Management - 5 LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/FalseQuestion Good motivation lead to low morale. High morale is the manifestation of a weak or defective motivating process.Correct Answer FalseYour Answer False

True/FalseQuestion Management exists only at the top levels of the organization.Correct Answer FalseYour Answer False

Select The BlankQuestion The ________ principle, which is the inherent process in organization through which authority, the antecedent co-coordinative principle, permeates the entire organized structure.Correct Answer ScalarYour Answer Scalar

Multiple Choice Single AnswerQuestion Learning organizations must cope with challenge and :-Correct Answer UncertaintyYour Answer Uncertainty

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

Multiple Choice Single AnswerQuestion One of the internal environment factors that influences management isCorrect Answer PlaceYour Answer Place

Multiple Choice Multiple AnswerQuestion Human thoughts are classified as :-Correct Answer Inactive , Active , TransactiveYour Answer Inactive , Active , Transactive

Multiple Choice Single AnswerQuestion Which of the options mentioned below would be categorized as a Franchisee store?Correct Answer Footwear storesYour Answer Footwear stores

Multiple Choice Multiple AnswerQuestion The process of forecasting is based on :-Correct Answer Future trends , Current analysis , Past performanceYour Answer Future trends , Current analysis , Production trends forecasts

Multiple Choice Multiple AnswerQuestion The characteristics of knowledge worker would be :-Correct Answer Egoistic , Right consciousYour Answer Humble , Duty conscious , Right conscious

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

Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management isCorrect Answer LegalYour Answer Legal

Multiple Choice Single AnswerQuestion Management isCorrect Answer CreativeYour Answer Creative

Multiple Choice Single AnswerQuestion Name the specialization where the economists consider necessary for efficiency in the use of labour :-Correct Answer Division of workYour Answer Division of work

True/FalseQuestion Decreased productivity is a cost of low IQ.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Management is the combination of Arts, Science andCorrect Answer ProfessionYour Answer Profession

Multiple Choice Single AnswerQuestion Management isCorrect Answer MultidisciplinaryYour Answer Multidisciplinary

Multiple Choice Single AnswerQuestion Name the department which plays a major role in developing a learning organization :-Correct Answer MISYour Answer HRM

Select The BlankQuestion Objectives' is a wider term and ________ is part and parcel of it.Correct Answer MissionYour Answer Vision

True/FalseQuestion The non-executive directors on the board of the company should be 50%.Correct Answer TrueYour Answer False

Multiple Choice Multiple AnswerQuestion Name the flagship companies under the Business family "Munjals" :-Correct Answer Hero Honda , Hero CyclesYour Answer Hero Honda , Hero Cycles

Match The FollowingQuestionCorrect AnswerYour AnswerKnowledge 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 qualificationAnybody can become a managerAnybody can become a manager

Multiple Choice Single AnswerQuestion Who said, Management is a multiple organ that manages a business, manages a manager and manages workers and work?Correct Answer Peter DruckerYour Answer Peter Drucker

Multiple Choice Single AnswerQuestion Who is the 'founder of Human Relation'?Correct Answer Elton MayoYour Answer Elton Mayo

Multiple Choice Single AnswerQuestion What should be included in the new governance charter?Correct Answer Qualified and independent audit committeeYour Answer Rewards for corporate governance

Select The BlankQuestion Managers should be effective ________ so that they may influence the activities of subordinates without dissatisfying them.Correct Answer LeadersYour Answer Leaders

True/FalseQuestion Posture' and Observance' are not included under the 'yogic' exercisesCorrect Answer FalseYour Answer False

Select The BlankQuestion Management is a creative and ________ process.Correct Answer ContinuousYour Answer Continuous

Select The BlankQuestion Charles Babbage built the first prototype of modern ________.Correct Answer ComputersYour Answer Computers

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

Select The BlankQuestion ________ is practiced like all other managerial functions at all levels of management.Correct Answer All level exerciseYour Answer All level decision making

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

Multiple Choice Single AnswerQuestion Who is the father of Intelligence Quotient ?Correct Answer Alfred BennetYour Answer Alfred 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 authorityThat 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/FalseQuestion Parting with authority means parting with friendship.Correct Answer FalseYour Answer False

True/FalseQuestion Indian companies because of confused status have lacked self-confidence.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Research indicates that the limbic system learns best through :-Correct Answer Motivation , Extended practice , FeedbackYour Answer Motivation , Feedback , Response

Multiple Choice Single AnswerQuestion According to Abraham Maslow, human needs can be classified into how many types?Correct Answer FiveYour Answer Five

Multiple Choice Single AnswerQuestion Which of the options best describes the employment capacity of the retailing sector? It is the :-Correct Answer Second largest employer after agricultureYour Answer Largest employer of people in the country

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

Select The BlankQuestion ________ organizations have systems, mechanisms and processes in place.Correct Answer LearningYour Answer Modern

Multiple Choice Single AnswerQuestion Who 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 Answer Koontz & O DonellYour Answer Koontz & O Donell

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

True/FalseQuestion Fear among managers is not a barrier to delegation of authority.Correct Answer FalseYour Answer False

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

Select The BlankQuestion Henry Fayol finds ________ and responsibility to be related, with the latter arising from the former.Correct Answer AuthorityYour Answer Authority

Multiple Choice Multiple AnswerQuestion The key management processes in the learning organizations would be :-Correct Answer Competitor analysis , Performance measurement , Capability planningYour Answer Competitor analysis , Performance measurement , Capability planningat 4:27 AM 0 comments Links to this post Labels: Principles and Practices of Management (Set II) Principles and Practices of Management - 4 LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion Who said, Management is management of Men, Money, Machinery Materials and Information?Correct Answer AnonymousYour Answer Anonymous

True/FalseQuestion Emotional distress shrinks working memory.Correct Answer TrueYour Answer True

Select The BlankQuestion A new sector has emerged in modern times, known as ________ management.Correct Answer EventYour Answer Event

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

Multiple Choice Single AnswerQuestion Where is the attack on business families coming from?Correct Answer TransnationalYour Answer Transnational

Multiple Choice Multiple AnswerQuestion What type of skills does management require?Correct Answer Conceptual , Human relations , TechnicalYour Answer Conceptual , Human relations , Technical

Multiple Choice Single AnswerQuestion Management isCorrect Answer CreativeYour Answer Creative

Multiple Choice Multiple AnswerQuestion Name the books on management written by Peter Drucker :-Correct Answer Frontiers of Management , The practice of management , Management, tasks, responsibilityYour Answer Drucker on Asia , Frontiers of Management , Management, tasks, responsibility

True/FalseQuestion Actuary is one who specializes in the mathematics of insurance.Correct Answer TrueYour Answer False

Multiple Choice Single AnswerQuestion Management is the combination of Arts, Science andCorrect Answer ProfessionYour Answer Profession

True/FalseQuestion "Measuring Intellectual Capital" is one of the examples of performance measurement.Correct Answer TrueYour Answer False

Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management isCorrect Answer LegalYour Answer Legal

Select The BlankQuestion Individuals are encouraged to develop ________, to speak out, to challenge actions.Correct Answer IdeasYour Answer Goals

Multiple Choice Single AnswerQuestion What is the set-up of an organization?Correct Answer RelationshipsYour Answer Relationships

Select The BlankQuestion Morale is the term usually applied to armed forces during war time and athletics teams. It refers to team spirit and ________ of people for a common purpose.Correct Answer TogethernessYour Answer Togetherness

True/FalseQuestion The essence of control is that it is aimed at results and not necessarily at people as such.Correct Answer TrueYour Answer True

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

Multiple Choice Multiple AnswerQuestion Virtuous acts include:-Correct Answer Honesty , Integrity , ToleranceYour Answer Honesty , Tolerance , Leadership

True/FalseQuestion International artists' performance in India is diminishing in recent times.Correct Answer FalseYour Answer False

True/FalseQuestion The service sector has not corporatised itself.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Which segment of event management has the potential to gross the largest in India?Correct Answer Live entertainmentYour Answer Talent bank

Multiple Choice Multiple AnswerQuestion Few of the management principles given by Henry Fayol are:-Correct Answer Authority and responsibility , Division of work , DisciplineYour Answer Division of work , Discipline , Authority and responsibility

Match The FollowingQuestionCorrect AnswerYour 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 AnswerQuestion To become a successful consultant, name the skill required :-Correct Answer NegotiationYour Answer Experience

Multiple Choice Multiple AnswerQuestion Advantages of SBU's are :-Correct Answer Quick response to environmental changes , Increased focus on products and market , Facilitating development of General ManagersYour Answer Quick 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 LIFEHDFCHDFCAMPSanmarSanmar

True/FalseQuestion According to Swami Vivekananda people have intuition or sacred power to face difficult task.Correct Answer TrueYour Answer True

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

Multiple Choice Multiple AnswerQuestion In the various versus of Gita, there are many practical messages for which level of people in management?Correct Answer Leaders , Team leadersYour Answer Leaders

Multiple Choice Multiple AnswerQuestion The potential external threats faced by an organization are :-Correct Answer Entry of low cost foreign players , Adverse demographic changes , Slower market growthYour Answer Entry of low cost foreign players , Adverse demographic changes , Faster market growth

Multiple Choice Single AnswerQuestion How many rules govern Indian and Foreign insurance companies?Correct Answer 12Your Answer 12

Select The BlankQuestion Management as a discipline is the function of ________.Correct Answer CreativityYour Answer Creativity

Multiple Choice Single AnswerQuestion What require a high level of optimism and persistence despite rejection?Correct Answer Self-MotivationYour Answer Self-Motivation

Select The BlankQuestion Henry Fayol was trained as a ________ engineer.Correct Answer MiningYour Answer Mining

Select The BlankQuestion ________ is the result of human limitation to the span of management.Correct Answer DelegationYour Answer Organization

Select The BlankQuestion In management process, the most misinterpreted word is ________.Correct Answer OrganizingYour Answer Planning

Select The BlankQuestion To enhance emotional intelligence, ________ must refocus their training to include the limbic system.Correct Answer OrganisationsYour Answer Organisations

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

True/FalseQuestion The strategic factor in social integration is the development and selection of leaders.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Who said, Management is a multiple organ that manages a business, manages a manager and manages workers and work?Correct Answer Peter DruckerYour Answer Peter Drucker

Multiple Choice Single AnswerQuestion One of the internal environment factors that influences management isCorrect Answer PlaceYour Answer Place

Multiple Choice Single AnswerQuestion Who 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 Answer Koontz & O DonellYour Answer Koontz & O Donell

Select The BlankQuestion ________ establishes, cause and effect relationship.Correct Answer ScienceYour Answer Science

Select The BlankQuestion Business ________ is the calculation of probable events to provide against future.Correct Answer ForecastingYour Answer Controlling

True/FalseQuestion The technique of control is associated with planning, as a part of scientific management.Correct Answer TrueYour Answer True

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

Multiple Choice Multiple AnswerQuestion Name the various characteristics of science :-Correct Answer Organized knowledge , Cause and effect relationship , Predictive powerYour Answer Organized knowledge , Cause and effect relationship , Predictive power