Sunday, February 6, 2011

Principles and Practices of Management 7

Principles and Practices of Management - 21
True/False
Question

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

True

True/False
Question

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

True

Multiple Choice Multiple Answer
Question

Name the leading event management companies in India
Correct Answer

Midas , Pinnacle , Wizcraft

Multiple Choice Single Answer
Question

Who said, “Management is management of Men, Money, Machinery Materials and Information?”
Correct Answer

Anonymous

Multiple Choice Multiple Answer
Question

A procedure has the following advantages
Correct Answer

ensures uniformity of action , increases co-ordination , provides good standard for the manage

Multiple Choice Single Answer
Question

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

Morale

Match The Following
Question Correct Answer

Disclosures - transparent

Shareholder democracy - myth in India

Planning - board of directors

Trust - corporate governance


Select The Blank
Question

The retailing sector in India has been quite________.
Correct Answer

staid and boring

Multiple Choice Single Answer
Question

India has been experiencing the unique stranglehold of our_____
Correct Answer

traditional kirana stores

Multiple Choice Single Answer
Question

Emotional Quotient increases with age commonly known as
Correct Answer

maturity

Select The Blank
Question

The service sector has expanded because of the virtual stagnation of the________sector.
Correct Answer

agricultural

Multiple Choice Single Answer
Question

Span of management depends upon the ability of whom?
Correct Answer

Employees

Multiple Choice Single Answer
Question

What would essentially shape the growth and future of any economy?
Correct Answer

Adequate and quality corporate governance

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

Select The Blank
Question

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

Forecasting

Select The Blank
Question

Limitations of business planning is that it has been considered as time consuming and ________ device.
Correct Answer

expensive

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


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 growth
Correct Answer

Koontz & O ‘Donell

Select The Blank
Question

Management as a discipline does not require any________of practice.
Correct Answer

certificate

Select The Blank
Question

________is at the core of corporate governance.
Correct Answer

trust

True/False
Question

Financial institutions should maintain a close relationship to seek a seat on the board.
Correct Answer

False

True/False
Question

Wrong medium of communication is a physical barrier.
Correct Answer

False


Multiple Choice Single Answer
Question

One of the internal environment factors that influences management is
Correct Answer

Place

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


Multiple Choice Multiple Answer
Question

Name the three important Generic Competitive Strategies.
Correct Answer

Overall cost leadership , Differential , Focus


True/False
Question

Delegation and decentralization are closely related to each other.
Correct Answer

True


Multiple Choice Single Answer
Question

It is said "Controlling can not take place in a vacuum", which means there can be no controlling without previous
Correct Answer

planning


True/False
Question

Morale is the sum total of various physical qualities.
Correct Answer

False

Select The Blank
Question

Direction is a ________ function performed by all the managers at all levels of the organisation.
Correct Answer

managerial


Multiple Choice Multiple Answer
Question

Principles of effective delegation are:
Correct Answer

Train the subordinates , Reward delegation , Appropriate reporting system

Select The Blank
Question

________, weakness, threats, opportunities are the long form SWOT analysis.
Correct Answer

strength

Multiple Choice Multiple Answer
Question

To be called an SBU, a business unit must meet specific criteria such as
Correct Answer

having a definable group of competitors , having a mission similar to other SBUs , preparing its own integrated plans


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


Match The Following
Question Correct Answer

Appley L - Management is management of people and not the direction of things

Definition of Management - Management is management of men, money, machinery, materials and information

Koontz and O'Donell - Management is the creation and maintenance of internal environment in an enterprise

Peter Drucker - Management is a multi-purpose organ that manages a business, manages workers and work

Select The Blank
Question

________ are at a minimum where the morale is high.
Correct Answer

Grievances


True/False
Question

The heart of administration is the directing function.
Correct Answer

True


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


Multiple Choice Multiple Answer
Question

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

Hindalco , Indo-Gulf Fertilizers , Birla Corporation


Multiple Choice Multiple Answer
Question

Fredrick Winslow Taylor's Mechanism of scientific management includes,
Correct Answer

Scientific task setting , Planning task setting , Standardization of tools


Multiple Choice Multiple Answer
Question

Future of Insurance sector would be
Correct Answer

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


Multiple Choice Single Answer
Question

To which practice is the term "corporate governance" given?
Correct Answer

Management


Multiple Choice Single Answer
Question

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

mentor

Select The Blank
Question

Govt. services comprise________, defence and social goods.
Correct Answer

public administration


True/False
Question

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

True


True/False
Question

Posture' and Observance' are not included under the 'yogic' exercises
Correct Answer

False


Select The Blank
Question

Management is a creative and________process.
Correct Answer

continuous


True/False
Question

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

True

No comments:

Post a Comment

Post a Comment