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Friday, August 22, 2008

Principles and Practices of Management - 15

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Multiple Choice Single Answer
Question
One of the causes of low morale would be
Correct Answer
No delegation of authority
Your Answer
No delegation of authority

Multiple Choice Single Answer
Question
A business unit must meet specific criteria, if it wants to be called an SBU. These are
Correct Answer
Definable group of competitors
Your Answer
Definable group of competitors

Multiple Choice Multiple Answer
Question
An SBU is an independent business with a coherent set of
Correct Answer
products , competitors , objectives
Your Answer
products , competitors , objectives

Select The Blank
Question
In management process, the most misinterpreted word is ________.
Correct Answer
Organizing
Your Answer
Organizing

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

Multiple Choice Multiple Answer
Question
Name the flagship companies under the Business family "Munjals"
Correct Answer
Hero Honda , Hero Cycles
Your Answer
Hero Honda , Hero Cycles

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

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

Multiple Choice Multiple Answer
Question
The main strategies adopted by business families for growth are
Correct Answer
Raising their capital , Appoint professional manager , Technology upgradation
Your Answer
Raising their capital , Appoint professional manager , Technology upgradation

Multiple Choice Single Answer
Question
Management is purposeful and what?
Correct Answer
Goal oriented
Your Answer
Goal oriented

Multiple Choice Multiple Answer
Question
Select the guidelines for effective decision making.
Correct Answer
Adopt a diagnostic approach to decision making , Involve subordinates in decision making process , Evaluate the results
Your Answer
Adopt a diagnostic approach to decision making , Involve subordinates in decision making process , Evaluate the results

Select The Blank
Question
________is at the core of corporate governance.
Correct Answer
trust
Your Answer
planning

Match The Following
Question
Correct Answer
Your Answer
Empathy
It is a component of leadership due to the rapid pace of globalisation
It is a component of leadership due to the rapid pace of globalisation
Social effectiveness
This component allows you to settle disputes amicably
This component allows you to settle disputes amicably
Alfred Bennet
He is the father of intelligence quotient
He is the father of intelligence quotient
Daniel Goleman
He is an American Behavioural Scientist
He is an American Behavioural Scientist

Multiple Choice Single Answer
Question
Audit is an effective tool of corporate governance and can act/enable
Correct Answer
self-regulation
Your Answer
self-regulation

Multiple Choice Single Answer
Question
Which among the following is an event management company?
Correct Answer
Planet E
Your Answer
Planet E

Multiple Choice Single Answer
Question
Management is
Correct Answer
Multidisciplinary
Your Answer
Multidisciplinary

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

Multiple Choice Single Answer
Question
Management exists at which levels of the organization?
Correct Answer
All
Your Answer
All

Multiple Choice Single Answer
Question
Profession requires definite period of what?
Correct Answer
Learning
Your Answer
Learning

Multiple Choice Single Answer
Question
Motivating a worker is to create a need and what else on the part of a worker to better his present performance.
Correct Answer
Desire
Your Answer
Desire

Multiple Choice Single Answer
Question
Science is a body of which type of Knowledge?
Correct Answer
Organized
Your Answer
Organized

Multiple Choice Multiple Answer
Question
Features of Management are as follows
Correct Answer
goal oriented , universal , continuous process
Your Answer
goal oriented , universal , continuous process

Multiple Choice Multiple Answer
Question
Management is multidisciplinary, it includes knowledge/ information from
Correct Answer
economics , maths , psychology
Your Answer
economics , maths , psychology

Select The Blank
Question
The process of control is complete only when the organisation take ________ action.
Correct Answer
corrective
Your Answer
corrective

Multiple Choice Multiple Answer
Question
Empathy is particularly important today as a component of leadership for the following
Correct Answer
rapid pace of globalisation , increasing use of teams , growing need to retain talent
Your Answer
rapid pace of globalisation , increasing use of teams , growing need to retain talent

True/False
Question
The purpose of control is not to appraise current and completed action but to provide a basis for regulating future activities.
Correct Answer
False
Your Answer
True

Select The Blank
Question
Business ethics can be defined as the study of what is________for the business.
Correct Answer
good and right
Your Answer
profitable

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

Multiple Choice Single Answer
Question
Corporatization of the service sector is essentially
Correct Answer
professionally managed services
Your Answer
professionally managed services

Select The Blank
Question
With liberalization markets are undergoing fundamental changes including ________ and pressure on prices.
Correct Answer
competition
Your Answer
sales

Multiple Choice Single Answer
Question
One of the external factors that influence management is
Correct Answer
Legal
Your Answer
Legal

Select The Blank
Question
Management as a discipline is the function of________.
Correct Answer
creativity
Your Answer
science

Multiple Choice Single Answer
Question
Management is not just a
Correct Answer
Process
Your Answer
Performance

True/False
Question
Decreased productivity is a cost of low IQ.
Correct Answer
False
Your Answer
False

Select The Blank
Question
A rule governing Indian companies states that policy holder's funds must be________only in India.
Correct Answer
invested
Your Answer
invested

True/False
Question
The financial structure is not one of the five channels of corporate governance.
Correct Answer
False
Your Answer
False

Match The Following
Question
Correct Answer
Your Answer
Goals
It is a dream with a deadline and articulates the long-term goals of the enterprise.
More specific, financial, non-financial issues reached with a stretch.
MBO
More specific, financial, non-financial issues reached with a stretch.
The philosophy that emphasizes self-control and self direction
Mission
The philosophy that emphasizes self-control and self direction
The basically indicate the purpose of business
Vision
The basically indicate the purpose of business
It is a dream with a deadline and articulates the long-term goals of the enterprise.

Select The Blank
Question
A set of actions that you start with and must maintain is also called as ________.
Correct Answer
Strategy
Your Answer
Strategy

Select The Blank
Question
Being more attuned to the feelings of those you work with is a benefit of ________.
Correct Answer
Emotional Quotient
Your Answer
Emotional Quotient

True/False
Question
The 7 S Framework first appeared in 'The Art of Japanese management' by Richard Pascale and Anthony Athos in 1981.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
What does decoding mean ?
Correct Answer
Message interpretation
Your Answer
Message interpretation

Multiple Choice Multiple Answer
Question
Some tips for improving written communication would be
Correct Answer
Avoid unnecessary words , Use simple words and phrases , Use short and familiar words
Your Answer
Avoid unnecessary words , Use simple words and phrases

Multiple Choice Multiple Answer
Question
Types of degree of delegations are:
Correct Answer
Low degree , Moderate degree , High degree
Your Answer
Low degree , Moderate degree , High degree

True/False
Question
Under pre-requisites of planning performance budgeting is meaningful without control.
Correct Answer
False
Your Answer
True

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

Multiple Choice Multiple Answer
Question
The products that are grouped under strategic business units share common factors, like
Correct Answer
underlying technology , the market , the skill
Your Answer
underlying technology , the market , the skill

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