Principles and Practices of Management 2

Principles and Practices of Management - 2

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


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

Multiple Choice Multiple Answer
Question
Name the physical aspects of an enterprise.
Correct Answer
Name, Location, Address

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

Multiple Choice Multiple Answer
Question
Certain important motivational techniques are
Correct Answer
Monetary incentives , Job-based techniques , MBO techniques

Multiple Choice Multiple Answer
Question
The concept of SBU includes
Correct 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/False
Question
Decision-making is a primary part of the managerial process.
Correct Answer
True


Multiple Choice Single Answer
Question
Of which type of knowledge is science a body of?
Correct Answer
Organized

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

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

True/False
Question
Learning organizations should imitate a task force.
Correct Answer
True

Multiple Choice Single Answer
Question
Learning organizations must cope with challenge and
Correct Answer
uncertainty

Select The Blank
Question
LPG stands for liberalization, ________ and globalization.
Correct Answer
Privatization

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

Multiple Choice Multiple Answer
Question
Every company undertakes the process of forecasting by various competent authorities which can be listed as
Correct Answer
CII , RBI , CMIE

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

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

Select The Blank
Question
Events are occurrences designed for ________ interests.
Correct Answer
marketing

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

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

Multiple Choice Single Answer
Question
Management is
Correct Answer
Multidisciplinary

Select The Blank
Question
General Insurance Corporation was nationalized in________.
Correct Answer
1972

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

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

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

Multiple Choice Multiple Answer
Question
Retailing categories based on ownership arrangement would be
Correct Answer
Super Markets, Consumer Durables Stores, Departmental Stores

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

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

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

Select The Blank
Question
Necessity of control in business organization arises due to number of factors, one of which is ________ of organizations themselves.
Correct Answer
complexity


Multiple Choice Single Answer
Question
Which of the options best describes the employment capacity of the retailing sector? It is the
Correct Answer
second largest employer after agriculture

Select The Blank
Question
________organizations have systems, mechanisms and processes in place.
Correct Answer
Learning

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


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

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

True/False
Question
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
True

Multiple Choice Multiple Answer
Question
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 recognition




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


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

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

Select The Blank
Question
________ is the ability to sense, understand and effectively apply emotion.
Correct Answer
Emotional Intelligence

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

Match The Following
Question
Correct Answer

Management and Leadership studies - Value based management
Maharshi Institute of Management - Eighteen centres in India and Abroad
Amritanandamayi Math's centre - Dr. S.K. Chakraborty
Indian Vedanta Philosophy - Swami Budhananda



Multiple Choice Multiple Answer
Question
Some of the public insurance companies are
Correct Answer
LIC, Oriental Insurance, General Insurance

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

Select The Blank
Question
Brands are associated with lifestyles and people's________.
Correct Answer
aspirations

Multiple Choice Single Answer
Question
Management is
Correct Answer
Creative