Principles and Practices of Management - 3

Principles and Practices of Management - 3

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 globalisation

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



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 organisation arises due to number of factors, one of which is ________ of organisations 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
Swami Budhananda
Maharshi Institute of Management
Eighteen centres in India and Abroad
Eighteen centres in India and Abroad
Amritanandamayi Math's centre
Dr. S.K. Chakraborty

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