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Thursday, June 5, 2008

Principles and Practices of Management - 4

LIST OF ATTEMPTED QUESTIONS AND ANSWERS



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

True/False
Question
Emotional distress shrinks working memory.
Correct Answer
True
Your Answer
True

Select The Blank
Question
A new sector has emerged in modern times, known as ________ management.
Correct Answer
Event
Your Answer
Event

Multiple Choice Multiple Answer
Question
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 stores
Your Answer
Apparel retailing stores , Pharmaceutical retailing stores , Books, Music and Lifestyle retailing stores

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

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

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

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

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

Multiple Choice Single Answer
Question
Management is the combination of Arts, Science and
Correct Answer
Profession
Your Answer
Profession

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

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

Select The Blank
Question
Individuals are encouraged to develop ________, to speak out, to challenge actions.
Correct Answer
Ideas
Your Answer
Goals

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

Select The Blank
Question
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
Togetherness
Your Answer
Togetherness

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

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

Multiple Choice Multiple Answer
Question
Virtuous acts include:-
Correct Answer
Honesty , Integrity , Tolerance
Your Answer
Honesty , Tolerance , Leadership

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

True/False
Question
The service sector has not corporatised itself.
Correct Answer
False
Your Answer
False

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

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

Match The Following
Question
Correct Answer
Your Answer
Management requires learning
Art requires knowledge
Has no centralized rule-making authority
Science is developed
Over a period of time
Art requires knowledge
Management as a discipline
Has no centralized rule-making authority
That manages a business
Management is a multipurpose organ
That manages a business
Management is what management does
Management is understood by performance
Management is what management does
Over a period of time

Multiple Choice Single Answer
Question
To become a successful consultant, name the skill required :-
Correct Answer
Negotiation
Your Answer
Experience

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

Match The Following
Question
Correct Answer
Your Answer
Zurich
Hero group
Hero group
ING Group
Vyasa Bank
Vyasa Bank
STANDARD LIFE
HDFC
HDFC
AMP
Sanmar
Sanmar

True/False
Question
According to Swami Vivekananda people have intuition or sacred power to face difficult task.
Correct Answer
True
Your Answer
True

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

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

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

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

Select The Blank
Question
Management as a discipline is the function of ________.
Correct Answer
Creativity
Your Answer
Creativity

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

Select The Blank
Question
Henry Fayol was trained as a ________ engineer.
Correct Answer
Mining
Your Answer
Mining

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

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

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

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

True/False
Question
The strategic factor in social integration is the development and selection of leaders.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Who said, “Management is a multiple organ that manages a business, manages a manager and manages workers and work”?
Correct Answer
Peter Drucker
Your Answer
Peter Drucker

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

Multiple Choice Single Answer
Question
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 gr
Correct Answer
Koontz & O ‘Donell
Your Answer
Koontz & O ‘Donell

Select The Blank
Question
________ establishes, cause and effect relationship.
Correct Answer
Science
Your Answer
Science

Select The Blank
Question
Business ________ is the calculation of probable events to provide against future.
Correct Answer
Forecasting
Your Answer
Controlling

True/False
Question
The technique of control is associated with planning, as a part of scientific management.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
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 Asia
Your Answer
The future of industrial man , The age of discontinuity , Drucker on Asia

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

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