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    Principles & Practices of Management Paper Code -101

    ____________________________________________________________________

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    dG9wJyB3aWR0 Brow ser Name:

    LIST OF ATTEMPTED QUESTIONS AND ANSWERS

    True/FalseQuestion Robert Owen was a railroad builder in America.

    Correct Answer False

    Your Answer False

    Multiple Choice Single AnswerQuestion What is lacking in Indian business companies management?

    Correct Answer Professionalism

    Your Answer Professionalism

    Match The Following

    Question Correct Answer Your Answer

    Social effectiveness This component allowsyou to settle disputesamicably

    This component allows youto settle disputes amicably

    Alfred Bennet He is the father ofintelligence quotient

    He is the father ofintelligence quotient

    Daniel Goleman He is an AmericanBehavioural Scientist

    He is an AmericanBehavioural Scientist

    Empathy It is a component ofleadership due to therapid pace of globalisation

    It is a component ofleadership due to the rapidpace of globalisation

    Multiple Choice Multiple AnswerQuestion Features of direction would be :-

    Correct Answer Pervasive function , Communication , Continuous process

    Your Answer Pervasive function , Communication , Continuous process

    Select The BlankQuestion Management as a discipline does not require any ________ of

    practice.Correct Answer Certificate

    Your Answer Certificate

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    Multiple Choice Single AnswerQuestion What would essentially shape the growth and future of any

    economy?Correct Answer Adequate and quality corporate governance

    Your Answer Corporate laws

    Multiple Choice Single AnswerQuestion What is possible to enforce among workers when morale is high

    and when they are given participating opportunities?Correct Answer Self-discipline

    Your Answer Self-motivating

    Multiple Choice Single Answer

    Question "The structure of consumer demand in India is like an iceberg".What is the rationale behind this statement?

    Correct Answer We see only parts of ready potential on the surface

    Your Answer We see only parts of ready potential on the surface

    Multiple Choice Single AnswerQuestion Which of the following is not an area of operation of event

    management?Correct Answer Banking

    Your Answer Banking

    True/FalseQuestion Wrong medium of communication is a physical barrier.

    Correct Answer False

    Your Answer False

    Select The BlankQuestion Chesterd Bernard developed a theory of organization and

    ________ functions.Correct Answer Executive

    Your Answer Executive

    True/FalseQuestion The Indian consumer does not see shopping as an end in itself.

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    Correct Answer False

    Your Answer False

    Multiple Choice Multiple AnswerQuestion David C M cCelland identified three motives. Those are :-

    Correct Answer Affiliation , Power , Achievement

    Your Answer Affiliation , Power , Achievement

    Select The BlankQuestion Different rates are levied by different states for ________ tax.

    Correct Answer Entertainment

    Your Answer Entertainment

    True/FalseQuestion Board members should have an independent sense of judgment.

    Correct Answer True

    Your Answer True

    Multiple Choice Multiple Answer

    Question Any morale improvement programme of management mustembrace the following rules :-Correct Answer Respect individual , Be fair and just , Encourage initiative

    Your Answer Respect individual , Be fair and just , Encourage initiative

    Select The BlankQuestion The basic assumptions regarding human nature has been

    classified in ________ which says he is gullible, not very brightand by nature resistant to change.

    Correct Answer Theory X

    Your Answer Theory X

    Multiple Choice Multiple AnswerQuestion The various departments that an event management company

    will have are :-Correct Answer Creative , Production , Client servicing

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    Your Answer Creative , Production , Client servicing

    True/False

    Question Insider trading issue is an important aspect of corporategovernance.Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion Communication forms the link between every individual and

    between one group and the other groups. What are the mainfacts which flow through individuals at various levels?

    Correct Answer Concepts, opinions

    Your Answer Concepts, co-ordination

    Multiple Choice Multiple AnswerQuestion Vedanta being a systematic and formulated knowledge of life

    and living, helps us to gain :-Correct Answer Harmony , Peace , Bliss

    Your Answer Harmony , Peace , Bliss

    True/FalseQuestion In principle the chairman and the CGO have the same role to

    play.Correct Answer False

    Your Answer False

    Select The BlankQuestion Management is management of people and not the ________of

    things.Correct Answer Direction

    Your Answer Direction

    True/FalseQuestion You should never measure the process and develop tools that

    will measure your progress.Correct Answer False

    Your Answer True

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    Select The BlankQuestion Business ________ is the calculation of probable events to

    provide against future.

    Correct Answer Forecasting

    Your Answer Planning

    Multiple Choice Multiple AnswerQuestion A responsible leader always encourages his team members to :-

    Correct Answer Think creatively , Think differently

    Your Answer Think creatively , Think differently , Think logically

    Multiple Choice Single AnswerQuestion Who is primarily known for his Time and motion studies?

    Correct Answer Frank Gilberth

    Your Answer F.W.Taylor

    Select The BlankQuestion Govt. services comprise ________, defence and social goods.

    Correct Answer Public administration

    Your Answer Public administration

    Select The BlankQuestion Physical needs are at the base of the hierarchy theory of

    motivation while self actualization needs are at the ________.Correct Answer Apex

    Your Answer Apex

    Multiple Choice Single AnswerQuestion Which theory assumes that people are naturally lazy and will

    avoid work and responsibilities if possible?Correct Answer Theory X

    Your Answer Theory X

    Multiple Choice Single AnswerQuestion Objectives are classified on the basis of :-

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    Correct Answer Time and Levels

    Your Answer Time and Levels

    Multiple Choice Multiple AnswerQuestion EQ is born largely in the neurotransmitters if the brains limbic

    system that governs the following :-Correct Answer Drives , Impulses , Feelings

    Your Answer Drives , Impulses , Feelings

    Select The BlankQuestion In management process, the most misinterpreted word is

    ________.Correct Answer Organizing

    Your Answer Organizing

    Select The BlankQuestion The four A's of the service section are acceptability, ________ ,

    affordability, availability.Correct Answer Awareness

    Your Answer Awareness

    Select The Blank

    Question Management is a creative and ________ process.

    Correct Answer Continuous

    Your Answer Continuous

    Multiple Choice Multiple AnswerQuestion The old control techniques which were used through the years

    are :-Correct Answer Unity of policies , Break-even analysis , Budgetary control

    Your Answer Unity of policies , Break-even analysis , Budgetary control

    Multiple Choice Multiple AnswerQuestion Emotional intelligence is said to be the ability to sense,

    understand and effectively apply the power and acumen ofemotions as a source of :-

    Correct Answer Information , Trust , Human energy

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    Your Answer Information , Trust , Human energy

    True/False

    Question Correction of deviations is the point at which control can be seenas a part of the whole system of management and can berelated to other managerial functions.

    Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion Who said "Management is a multi-purpose organ that manages

    a business, manages workers and work?Correct Answer Peter Drucker

    Your Answer Peter Drucker

    Multiple Choice Single AnswerQuestion Name the need under the level of hierarchy which has the

    highest potency and a person who lacks basic necessities of lifewill primarily be motivated by such needs :-

    Correct Answer Physiological

    Your Answer Physiological

    True/False

    Question "When an insurance policy is sold, a promise is sold".

    Correct Answer True

    Your Answer True

    True/FalseQuestion 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

    Match The Following

    Question Correct Answer Your Answer

    W.Edward Deming Introduced quality controlin Japan

    Introduced quality controlin Japan

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    Henry Fayol Referred to as 'The fatherof modern managementtheory'

    Referred to as 'The fatherof modern managementtheory'

    Federick W.Taylor Referred to as 'The father

    of scientific management'

    Referred to as 'The father

    of scientific management'

    Vilfredo Pareto Referred to as 'The fatherof the social systemsapproach' to organizationand management

    Referred to as 'The fatherof the social systemsapproach' to organizationand management

    Multiple Choice Multiple AnswerQuestion Components of planning would include :-

    Correct Answer Objectives , Budgets , Procedures

    Your Answer Objectives , Budgets , Procedures

    Multiple Choice Multiple AnswerQuestion The family owned businesses like Tata and Birla, also face major

    fears likeCorrect Answer Right successor , Stumbling self confidence , Lack of

    professional managementYour Answer Right successor , Stumbling self confidence , Lack of

    professional management

    Multiple Choice Single AnswerQuestion Of which type of knowledge is science a body of?

    Correct Answer Organized

    Your Answer Organized

    Multiple Choice Multiple AnswerQuestion Budgetary control involves budgets such as :-

    Correct Answer Sales , Production , Cash

    Your Answer Sales , Production , Cash

    Brow ser Name:

    LIST OF ATTEMPTED QUESTIONS AND ANSWERS

    Select The BlankQuestion Positive motivation makes people willing to do their work in the best way

    they can and improve their ________.

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    Correct Answer Performance

    Your Answer Productivity

    Select The BlankQuestion ________ degree of delegation is that in which a superior states a

    particular task to his subordinates and tells them to investigate on thattask and report back.

    Correct Answer LowYour Answer Moderate

    Multiple Choice Single AnswerQuestion Who said, Management is the creation and maintenance of internal

    environment in an enterprise, where individuals working in groups canperform efficiently and effectively towards the attainment of gr

    Correct Answer Koontz & O Donell

    Your Answer Koontz & O Donell

    Multiple Choice Single AnswerQuestion Who said, 'Direction is telling people what to do and seeing that they do it

    to the best of their ability'?Correct Answer Dale

    Your Answer Dale

    True/FalseQuestion It is said that always lines of communication should be open.

    Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion Which ethical factor argues that there is no universal set of principles by

    which to judge mortality?Correct Answer Ethical Relativism

    Your Answer Ethical Relativism

    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

    Select The Blank

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    Question ________ activities include co-ordination and control.

    Correct Answer Managerial

    Your Answer Managerial

    Multiple Choice Multiple AnswerQuestion The following are the elements of control

    Correct Answer Authority and knowledge , Guidance and direction , Constraint andrestraint

    Your Answer Guidance and direction , Comparison and correctiveness

    Multiple Choice Multiple AnswerQuestion The negative type of motivators will include :-

    Correct Answer Fear , Force , Reprimands

    Your Answer Fear , Force

    Multiple Choice Single AnswerQuestion The share of services in GDP changes with the economic cycle. A

    cyclical upturn would thus result in :-Correct Answer Resource allocation away from the service sector

    Your Answer Resource allocation away from the service sector

    Multiple Choice Multiple AnswerQuestion The different components of EQ would be :-

    Correct Answer Self-awareness , Emotional management , Empathy

    Your Answer Self-awareness , Emotional management , Empathy

    Multiple Choice Single AnswerQuestion What should be kept open for effective delegation?

    Correct Answer Communication

    Your Answer Communication

    Multiple Choice Multiple AnswerQuestion To get over tensions and stress one must practice the yogic exercises

    that consist of :-Correct Answer Abstinence , Meditation , Breath-control

    Your Answer Abstinence , Meditation , Breath-control

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    Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management is

    Correct Answer Legal

    Your Answer Legal

    Select The BlankQuestion Brands are associated with lifestyles and people's ________.

    Correct Answer Aspirations

    Your Answer Expectations

    Multiple Choice Single AnswerQuestion Management is

    Correct Answer Creative

    Your Answer Supportive

    Multiple Choice Single AnswerQuestion This is a type of motivational technique training given to the groups of

    managers themselves so that they may behave with and motivate theirsubordinates better :-

    Correct Answer Sensitivity training

    Your Answer Leadership training

    True/FalseQuestion Under pre-requisites of planning performance budgeting is meaningful

    without control.Correct Answer False

    Your Answer False

    Multiple Choice Single AnswerQuestion Management is the combination of Arts, Science and

    Correct Answer Profession

    Your Answer Profession

    Select The BlankQuestion Management is a creative and ________ process.

    Correct Answer Continuous

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    Your Answer Continuous

    True/FalseQuestion Demand forecast is one of the popular forecasts.

    Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion Management is not just a

    Correct Answer Process

    Your Answer Process

    Select The BlankQuestion ________ means draw prior conclusions about the probable of

    production, sales, profits in the future, on the basis of research.Correct Answer Forecasting

    Your Answer Forecasting

    Multiple Choice Multiple AnswerQuestion The family owned businesses like Tata and Birla, also face major fears

    likeCorrect Answer Right successor , Stumbling self confidence , Lack of professional

    management

    Your Answer Right successor , Stumbling self confidence , Lack of professionalmanagement

    Multiple Choice Single AnswerQuestion What hampers organisational communication?

    Correct Answer Barrier

    Your Answer Barrier

    Multiple Choice Multiple AnswerQuestion Under the kinds of motivation, employees are different individually yet,

    they all want the following things from the job :-Correct Answer Job security , Congenial associates , Fair wages

    Your Answer Job security , Congenial associates , Fair wages

    True/FalseQuestion The larger the organization, the more easier is the control process with

    respect to overall results.

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    Correct Answer False

    Your Answer False

    True/FalseQuestion Good motivation lead to low morale. High morale is the manifestation of a

    weak or defective motivating process.Correct Answer False

    Your Answer False

    True/FalseQuestion Vision without mission is incomplete and mission without vision is

    meaningless.Correct Answer True

    Your Answer True

    Multiple Choice Multiple AnswerQuestion The neocortex governs the abilities such as :-

    Correct Answer Technical , Analytical , Conceptual

    Your Answer Technical , Analytical

    Match The Following

    Question Correct Answer Your Answer

    Management requireslearning

    Art requires knowledge Art requires knowledge

    Science is developed Over a period of time Over a period of time

    Management as a discipline Has no centralized rule-making authority

    Has no centralized rule-making authority

    Management is amultipurpose organ

    That manages a business That manages a business

    Management is understoodby performance

    Management is whatmanagement does

    Management is whatmanagement does

    Multiple Choice Single AnswerQuestion Of which type of knowledge is science a body of?

    Correct Answer Organized

    Your Answer Organized

    Multiple Choice Multiple Answer

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    Question The general management challenges faced by the service sector are :-

    Correct Answer Communicating the concept , Differentiating factors , Revenue model

    Your Answer Communicating the concept , Differentiating factors , Revenue model

    Multiple Choice Multiple AnswerQuestion Under the role of management consultant, consultant acts as a :-

    Correct Answer Motivator , Leader , Counselor

    Your Answer Motivator , Leader , Counselor

    True/FalseQuestion Learning organizations must adopt processes that encourage interaction

    across boundaries

    Correct Answer True

    Your Answer True

    Select The BlankQuestion The service sector has expanded because of the virtual stagnation of the

    ________ sector.Correct Answer Agricultural

    Your Answer Agricultural

    Select The BlankQuestion ________ with sympathy can reduce some of the daily frustrations inorganised life and result in better communication.

    Correct Answer Listening

    Your Answer Listening

    Match The Following

    Question Correct Answer Your Answer

    Disclosures Transparent Transparent

    Shareholder democracy Myth in India Myth in India

    Planning Board of directors Board of directors

    Trust Corporate governance Corporate governance

    Multiple Choice Multiple Answer

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    Question Some of the management functions mentioned by Henry Fayol are :-

    Correct Answer Planning , Control , Co-ordination

    Your Answer Planning , Control , Co-ordination

    Select The BlankQuestion ________ is a tool for corporate governance.

    Correct Answer Communication

    Your Answer Communication

    Multiple Choice Single AnswerQuestion Who is the father of Intelligence Quotient ?

    Correct Answer Alfred Bennet

    Your Answer Alfred Bennet

    True/FalseQuestion Standard Batteries is a flagship company of the Thapar Group.

    Correct Answer False

    Your Answer False

    True/FalseQuestion Good competitive skills are a potential external opportunity of learning

    organizations.Correct Answer False

    Your Answer False

    Multiple Choice Single AnswerQuestion Who said, Management is management of Men, Money, Machinery

    Materials and Information?

    Correct Answer Anonymous

    Your Answer Anonymous

    Multiple Choice Multiple AnswerQuestion Virtuous acts include:-

    Correct Answer Honesty , Integrity , Tolerance

    Your Answer Honesty , Tolerance

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    True/FalseQuestion Safety needs are those where the person feel important and must also

    receive recognition from others.Correct Answer False

    Your Answer True

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    Multiple Choice Multiple AnswerQuestion Ethical concepts include:

    Correct Answer Ethical subjectivism , Consequentialism , Ethics of Virtue

    Your Answer Ethical subjectivism , Consequentialism , Ethics of Virtue

    Select The BlankQuestion Producer services are trade,________communication and financial

    services.

    Correct Answer transport

    Your Answer transport

    Multiple Choice Single AnswerQuestion Management is the combination of Arts, Science and

    Correct Answer Profession

    Your Answer Profession

    Select The BlankQuestion As Koonfz comments, ________ is deciding in advance what to do,how to do it and who is to do it.

    Correct Answer Planning

    Your Answer Planning

    Multiple Choice Multiple AnswerQuestion Objectives can be classified as

    Correct Answer On the basis of time , On the basis of functions , On the basis oflevels

    Your Answer On the basis of time , On the basis of functions , On the basis oflevels

    Multiple Choice Single AnswerQuestion Who said, Management is the creation and maintenance of internal

    environment in an enterprise, where individuals working in groupscan perform efficiently and effectively towards the attainment of gr

    Correct Answer Koontz & O Donell

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    Your Answer Koontz & O Donell

    Multiple Choice Multiple AnswerQuestion Components of planning would include

    Correct Answer objectives , budgets , procedures

    Your Answer objectives , budgets , procedures

    Multiple Choice Single AnswerQuestion Management is

    Correct Answer Creative

    Your Answer Creative

    Select The BlankQuestion Objectives' is a wider term and ________ is part of parcel of it.

    Correct Answer mission

    Your Answer vision

    Multiple Choice Multiple AnswerQuestion The different types of motivators would be

    Correct Answer Positive , External , Financial

    Your Answer Positive , External , Financial

    Multiple Choice Single AnswerQuestion Management is

    Correct Answer Multidisciplinary

    Your Answer Multidisciplinary

    Multiple Choice Single AnswerQuestion Organization is apart of which type of system?

    Correct Answer Social

    Your Answer Social

    True/FalseQuestion It is said that always lines of communication should be open.

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    Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion The main role of management consultant to the organisation is to

    provideCorrect Answer Recommendations

    Your Answer Recommendations

    Multiple Choice Single AnswerQuestion 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 AnswerQuestion Who said, 'Direction is telling people what to do and seeing that they

    do it to the best of their ability'.Correct Answer Dale

    Your Answer Dale

    Select The BlankQuestion Govt. services comprise________, defence and social goods.

    Correct Answer public administration

    Your Answer public administration

    True/FalseQuestion Demand forecast is one of the popular forecasts.

    Correct Answer True

    Your Answer True

    True/FalseQuestion Board members should have an independent sense of judgment.

    Correct Answer True

    Your Answer True

    Select The Blank

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    Question The process of control is complete only when the organisation take________ action.

    Correct Answer corrective

    Your Answer corrective

    Multiple Choice Multiple AnswerQuestion Advantages of SBU's are

    Correct Answer Quick response to environmental changes , Increased focus onproducts and market , Facilitating development of General Managers

    Your Answer Quick response to environmental changes , Increased focus onproducts and market , Facilitating development of General Managers

    Multiple Choice Single AnswerQuestion In addition to Place, Labor and Money which other internal

    environment Factor influences Management?Correct Answer Machines

    Your Answer Machines

    Multiple Choice Multiple AnswerQuestion Research into the average Indian buying habits have brought about

    the following factsCorrect Answer they prefer to pay in cash , they like to touch and feel the

    merchandise , they want attention to be given to all members of theirgroup

    Your Answer they prefer to pay in cash , they like to touch and feel the

    merchandise , they want attention to be given to all members of theirgroup

    True/FalseQuestion Decision-making is a primary part of the managerial process.

    Correct Answer True

    Your Answer True

    Multiple Choice Multiple AnswerQuestion Few of the management principles given by Henry Fayol are:

    Correct Answer Division of work , Discipline , Authority and responsibility

    Your Answer Division of work , Discipline , Authority and responsibility

    True/FalseQuestion Expectancy theory of motivation predicts that an individual will

    generally be a high performer when he see a high probability that his

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    efforts will lead to high performance.

    Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion One of the external factors that influence management is

    Correct Answer Legal

    Your Answer Legal

    Match The Following

    Question Correct Answer Your Answer

    Appley L Management ismanagement of people andnot the direction of things

    Management ismanagement of people andnot the direction of things

    Definition of Management Management ismanagement of men,money, machinery,materials and information

    Management ismanagement of men,money, machinery, materialsand information

    Koontz and O'Donell Management is the creationand maintenance of internalenvironment in anenterprise

    Management is the creationand maintenance of internalenvironment in an enterprise

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

    Management is a multi-purpose organ that managesa business, managesworkers and work

    Select The BlankQuestion ________ is effective only in big organizations.

    Correct Answer Decentralization

    Your Answer Decentralization

    Multiple Choice Single AnswerQuestion People with high EQ understand people's which factor ?

    Correct Answer Expectations

    Your Answer Expectations

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    Multiple Choice Single AnswerQuestion Decision-making is what type of process ?

    Correct Answer Intellectual

    Your Answer Managerial

    Multiple Choice Single AnswerQuestion Which among the following is a general management challenge in

    the insurance sector?Correct Answer Training

    Your Answer Training

    Multiple Choice Single Answer

    Question The purpose of communication is informing others and becominginformed, directing others and being directed andCorrect Answer Influencing others and being influenced

    Your Answer understanding others and being understood

    Multiple Choice Multiple AnswerQuestion Franchisee stores can be categorized as

    Correct Answer Gift and Card Stores , Apparel Stores , Jewellery Stores

    Your Answer Gift and Card Stores , Apparel Stores , Jewellery Stores

    Multiple Choice Single AnswerQuestion Who said, Management is management of Men, Money, Machinery

    Materials and Information?Correct Answer Anonymous

    Your Answer Anonymous

    Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management

    is

    Correct Answer Legal

    Your Answer Legal

    Multiple Choice Single AnswerQuestion Who said "Management is a multi-purpose organ that manages a

    business, manages workers and work?

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    Correct Answer Peter Drucker

    Your Answer Peter Drucker

    True/FalseQuestion Correction of deviations is the point at which control can be seen as

    a part of the whole system of management and can be related toother managerial functions.

    Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion One of the popular forecast is

    Correct Answer Demand

    Your Answer Demand

    True/FalseQuestion Indian business families are still avoiding joint ventures and tie-ups.

    Correct Answer False

    Your Answer False

    Multiple Choice Single AnswerQuestion One of the internal environment factors that influences management

    isCorrect Answer Place

    Your Answer Place

    Multiple Choice Multiple AnswerQuestion The experts who dealt in Behavioral Sciences are :

    Correct Answer Max Weber , Vilfredo Pareto , Elton Mayo

    Your Answer Max Weber , Vilfredo Pareto , Elton Mayo

    True/FalseQuestion Science is a body of organized knowledge

    Correct Answer True

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    Your Answer True

    Multiple Choice Single Answer

    Question Management is not just a

    Correct Answer Process

    Your Answer Process

    Select The BlankQuestion A new sector has emerged in modern times, known as ________

    management.Correct Answer event

    Your Answer event

    True/FalseQuestion The essence of control is that it is aimed at results and not

    necessarily at people as such.Correct Answer True

    Your Answer True

    Brow ser Name:

    LIST OF ATTEMPTED QUESTIONS AND ANSWERS

    Select The BlankQuestion A rule governing Indian companies states that policy holder's

    funds must be________only in India.Correct Answer invested

    Your Answer invested

    Select The BlankQuestion Events like trade fairs are handled by government

    authorities, for example the biggest concourse under thesun, ________ is again handled by Allahabad MunicipalCorporation.

    Correct Answer Kumbhmela

    Your Answer Kumbhmela

    Multiple Choice Multiple Answer

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    Question Name the flagship companies under the group of "AdityaBirla"

    Correct Answer Hindalco , Indo-Gulf Fertilizers , Birla Corporation

    Your Answer Hindalco , Indo-Gulf Fertilizers , Birla Corporation

    True/FalseQuestion Financial institutions should maintain a close relationship to

    seek a seat on the board.Correct Answer False

    Your Answer True

    Select The BlankQuestion The retailing sector in India has been quite________.

    Correct Answer staid and boring

    Your Answer staid and boring

    Match The Following

    Question Correct Answer Your Answer

    Robert Owen He was a cotton millowner, pioneered ideasabout better treatment of

    workers

    He was a cotton millowner, pioneered ideasabout better treatment of

    workersMax Weber His ideas have had great

    influence on how peopleview large organizations

    His ideas have had greatinfluence on how peopleview large organizations

    Hugo Munsterberg He applied psychology toadvertising, marketingand personnel

    He was a Germanpsychologist pioneered inthe field of industrialpsychology

    Henry Towne He was an engineer andrealized the importanceof good business skills

    He was an engineer andrealized the importance ofgood business skills

    Select The BlankQuestion To solve the HR issues, one of the remedy is to emphasis on

    overall ________ development through training andexposure.

    Correct Answer Personality

    Your Answer Personality

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    Multiple Choice Single AnswerQuestion Name the group of related businesses that can be taken for

    the sake of strategic planning, distinct from the rest of the

    businessesCorrect Answer strategic business units

    Your Answer strategic business units

    True/FalseQuestion 'Span of control' is also referred to as span of management.

    Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion How many billion dollars is our Retailing sector estimated to

    be?Correct Answer $ 180 billion

    Your Answer $ 180 billion

    Multiple Choice Single AnswerQuestion What would essentially shape the growth and future of any

    economy?

    Correct Answer Adequate and quality corporate governance

    Your Answer Insider training

    True/FalseQuestion Planning can eliminate risk, but can not minimize it.

    Correct Answer False

    Your Answer False

    Multiple Choice Multiple AnswerQuestion The summary of important trends in retailing is

    Correct Answer non store retailing , global players vs local players , efficiencyand focus

    Your Answer non store retailing , global players vs local players , efficiencyand focus

    Multiple Choice Multiple Answer

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    Question RBI's present report on currency and finance divides thesector into

    Correct Answer consumer services , Govt. services , producer services

    Your Answer consumer services , Govt. services , producer services

    Match The Following

    Question Correct Answer Your Answer

    Functional managementchallenges

    Management accountingand taxation

    Management accountingand taxation

    Corporatization ofservices

    Accountants Accountants

    Reason for expansion ofservice sector

    Failure to sustain anadvantage inmanufacturing activities

    Failure to sustain anadvantage inmanufacturing activities

    Service sector is notinfluenced by this system

    licensing system licensing system

    True/FalseQuestion Decreased productivity is a cost of low IQ.

    Correct Answer False

    Your Answer False

    Multiple Choice Multiple AnswerQuestion Corporate governance aims at

    Correct Answer better transparency , ethics , accountability

    Your Answer better transparency , ethics , accountability

    Multiple Choice Multiple AnswerQuestion In the complex new liberalized economy business families

    face common problems such asCorrect Answer Unproductive labour , Falling share value , Transnational

    attachYour Answer Unproductive labour , Falling share value , Transnational

    attach

    Select The BlankQuestion The statement "We sell for Less" is deliberately ambiguous,

    it raises the question; 'Less than what', this is called as,________ to communication.

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    Correct Answer Semantic barrier

    Your Answer Semantic barrier

    True/FalseQuestion Good competitive skills are a potential external opportunity of

    learning organizationsCorrect Answer False

    Your Answer True

    Multiple Choice Single AnswerQuestion Which among the following is a component of planning ?

    Correct Answer Rules

    Your Answer Rules

    Multiple Choice Single AnswerQuestion Which of the options best describes the employment

    capacity of the retailing sector? It is theCorrect Answer second largest employer after agriculture

    Your Answer second largest employer after agriculture

    Multiple Choice Multiple AnswerQuestion Any morale improvement programme of management must

    embrace the following rules.Correct Answer Be fair and just , Encourage initiative , Respect individual

    Your Answer Respect individual , Be fair and just , Encourage initiative

    Multiple Choice Multiple AnswerQuestion Under principle of effective communication what should be

    fully understood by all concerned.Correct Answer tasks , policies , responsibilities

    Your Answer tasks , policies , responsibilities

    Multiple Choice Single AnswerQuestion Which of the options mentioned below would be categorized

    as a Franchisee store?Correct Answer Footwear stores

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    Your Answer Footwear stores

    Multiple Choice Single Answer

    Question Indians like to be served

    Correct Answer preferably by the same salesman every time

    Your Answer preferably by the same salesman every time

    Multiple Choice Single AnswerQuestion Which of the following business houses has gone the retail

    way?Correct Answer Rahejas

    Your Answer Rahejas

    True/FalseQuestion Empathy is important for the need to retain talent.

    Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion Who included Espirit De Corps as a management principle?

    Correct Answer Henry Fayol

    Your Answer Henry Fayol

    Select The BlankQuestion Direction is a ________ function performed by all the

    managers at all levels of the organisation.Correct Answer managerial

    Your Answer managerial

    Multiple Choice Multiple AnswerQuestion The channels through which corporate governance may bear

    on performance areCorrect Answer managerial incentives , disciplining , corporate restructuring

    Your Answer managerial incentives , disciplining , corporate restructuring

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    Select The BlankQuestion Actuary is one who specializes in the________of insurance.

    Correct Answer mathematics

    Your Answer mathematics

    Multiple Choice Multiple AnswerQuestion Fredrick Winslow Taylor's Mechanism of scientific

    management includes,Correct Answer Scientific task setting , Planning task setting ,

    Standardization of toolsYour Answer Scientific task setting , Planning task setting ,

    Standardization of tools

    Multiple Choice Single AnswerQuestion What is the essential process of adaption in organizations?

    Correct Answer Decision

    Your Answer Co-ordinating

    Select The BlankQuestion Govt. services comprise________, defence and social

    goods.Correct Answer public administration

    Your Answer public administration

    Multiple Choice Multiple AnswerQuestion Application of general management functions to the

    insurance sector isCorrect Answer co-ordinating , controlling , directing

    Your Answer co-ordinating , controlling , directing

    Multiple Choice Single AnswerQuestion What are the difficulties business houses face while

    restructuring their businesses.Correct Answer Painful, expensive

    Your Answer Painful, expensive

    True/FalseQuestion The unorganized sector is mainly concentrated in

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    metropolitan cities.

    Correct Answer False

    Your Answer False

    Multiple Choice Multiple AnswerQuestion Name the factors determining decentralization of authority.

    Correct Answer Size of the organization , Uniformity of policy , History of theenterprise

    Your Answer Size of the organization , Uniformity of policy , History of theenterprise

    True/FalseQuestion W.Edward Deming introduced quality control in Japan.

    Correct Answer True

    Your Answer True

    True/FalseQuestion India should borrow management skill from other countries

    but one should never borrow the use of the mechanical artsand applied sciences -

    Correct Answer False

    Your Answer True

    True/FalseQuestion You should never measure the process and develop tools

    that will measure your progress.Correct Answer False

    Your Answer False

    Select The BlankQuestion Planning, organizing and controlling demand effective

    ________ at all stages if they are to be successful.Correct Answer decision making

    Your Answer decision making

    Select The BlankQuestion The scope for retailing in India is great as it is dominated by

    the________.

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    Correct Answer unorganized sector

    Your Answer unorganized sector

    Multiple Choice Single AnswerQuestion "The structure of consumer demand in India is like an

    iceberg". What is the rationale behind this statement?Correct Answer we see only parts of ready potential on the surface

    Your Answer we see only parts of ready potential on the surface

    Multiple Choice Multiple AnswerQuestion Certain important motivational techniques are

    Correct Answer Monetary incentives , Job-based techniques , MBO

    techniquesYour Answer Monetary incentives , Job-based techniques , MBO

    techniques

    Select The BlankQuestion ________ degree of delegation is that in which a superior

    states a particular task to his subordinates and tells them toinvestigate on that task and report back.

    Correct Answer Low

    Your Answer Low

    PPM assgn :12: Mayur

    Multiple Choice Single Answer

    Question Corporatization of the service sector is essentially

    Correct

    Answer

    professionally managed services

    YourAnswer

    professionally managed services

    True/False

    Question Management as a discipline needs certificate of practice.

    CorrectAnswer

    False

    YourAnswer

    False

    Select The Blank

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    Question Peter Durcker's classic book is known as 'The ________ ofmanagement'.

    Correct

    Answer

    Practice

    YourAnswer Practice

    Match The Following

    Question Correct Answer Your Answer

    Science is developed Over a period of time Over a period of time

    Management as a discipline Has no centralized rule-

    making authority

    Has no centralized rule-

    making authority

    Management is a

    multipurpose organ

    That manages a business That manages a business

    Management is understood

    by performance

    Management is what

    management does

    Management is what

    management does

    Management requires

    learning

    Art requires knowledge Art requires knowledge

    Multiple Choice Single AnswerQuestion What is that the consultant must be able to recognise about the

    client's future needs ?

    CorrectAnswer

    Vision

    Your

    Answer

    Vision

    True/FalseQuestion Management is the combination of Arts,Science and Profession.

    Correct

    Answer

    True

    YourAnswer

    True

    Multiple Choice Multiple AnswerQuestion Name the leading ad agencies in India that have a separate event

    section.Correct

    Answer

    Vigennet , Ogilvy , Mathers

    YourAnswer

    Vigennet , Ogilvy , Mathers

    Multiple Choice Single AnswerQuestion State Bank of India has collaborated with which foreign insurance

    company?

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    CorrectAnswer

    Cardiff

    Your

    Answer

    IWG Group

    True/False

    Question Delegation and decentralization are closely related to each other.

    CorrectAnswer

    True

    Your

    Answer

    True

    True/FalseQuestion Event management in India is an ancient activity.

    Correct

    Answer

    False

    YourAnswer

    False

    Multiple Choice Single AnswerQuestion Management is purposeful and what?

    CorrectAnswer

    Goal oriented

    Your

    Answer

    Goal oriented

    True/FalseQuestion Science is a body of organized knowledge.

    Correct

    Answer

    True

    YourAnswer

    True

    Multiple Choice Single AnswerQuestion This is the most suitable form of communication but if misused, it is

    the most stupid form, what is it ?

    Correct

    Answer

    Silence

    YourAnswer

    Body language

    True/False

    Question Gita has nothing to do with leadership in management

    Correct

    Answer

    False

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    YourAnswer

    False

    Multiple Choice Multiple Answer

    Question The external environmental factors that influence management are

    Correct

    Answer

    Economic , Political , Technological

    YourAnswer

    Economic , Political , Technological

    Multiple Choice Single Answer

    Question Successful consultants should promote their consultancy through

    what ?Correct

    AnswerNetwork

    Your

    Answer

    Network

    Select The Blank

    Question To enhance emotional intelligence, ________ must refocus theirtraining to include the limbic system.

    CorrectAnswer

    Organisations

    YourAnswer

    Organisations

    Multiple Choice Single Answer

    Question A business unit must meet specific criteria, if it wants to be called an

    SBU. These areCorrect

    Answer

    Definable group of competitors

    YourAnswer

    Definable group of competitors

    Multiple Choice Multiple Answer

    Question The various departments that an event management company willhave are

    Correct

    Answer

    creative , production , client servicing

    Your

    Answer

    creative , production , client servicing

    Multiple Choice Single Answer

    Question Planning is based on future conditions which are dynamic, hence it issaid to be

    Correct

    Answer

    Flexible

    YourAnswer

    Flexible

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    Multiple Choice Single AnswerQuestion Profession requires definite period of what?

    CorrectAnswer

    Learning

    Your

    Answer

    Learning

    True/False

    Question Science has no predictive power

    CorrectAnswer

    False

    Your

    Answer

    False

    True/FalseQuestion An organization consists of individuals in which their formal roles and

    structural positions bring them closer.Correct

    Answer

    True

    YourAnswer

    True

    Select The BlankQuestion ________ learning requires skills for sharing information and

    knowledge, particularly implicit knowledge, assumptions and benefitsthat are traditionally beneath the surface.

    Correct

    Answer

    Collective

    YourAnswer

    Collective

    Multiple Choice Single Answer

    Question What are the difficulties business houses face while restructuring theirbusinesses.

    CorrectAnswer

    Painful, expensive

    Your

    Answer

    Expensive, low profit

    True/FalseQuestion Unity of command means that employees should receive orders from

    one superior only.

    CorrectAnswer

    True

    YourAnswer

    True

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    Select The BlankQuestion Many large corporations consist of a number of SBU's. Each SBU will

    have its own ________.

    Correct

    Answer

    CEO

    Your

    Answer

    Director

    Multiple Choice Single AnswerQuestion Which ethical factor argues that there is no universal set of principles

    by which to judge mortality?

    CorrectAnswer

    Ethical Relativism

    YourAnswer

    Ethical Subjectivism

    Multiple Choice Single Answer

    Question Science is a body of which type of Knowledge?

    Correct

    Answer

    Organized

    Your

    Answer

    Organized

    Multiple Choice Single AnswerQuestion Which leading television channel has separate event sections that

    work for the promotion of the programmes aired by their network?

    CorrectAnswer

    Zee T.V.

    YourAnswer MTV

    True/FalseQuestion Human thoughts are classified under Tamas Rajas and Hettwa

    CorrectAnswer

    False

    YourAnswer

    True

    Select The BlankQuestion ________ is effective only in big organizations.

    Correct

    Answer

    Decentralization

    Your

    Answer

    Decentralization

    True/FalseQuestion Indian companies because of confused status have lacked self-

    confidence.

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    CorrectAnswer

    True

    Your

    Answer

    True

    Multiple Choice Single Answer

    Question What type of planning Indian business families are doing

    CorrectAnswer

    Succession

    Your

    Answer

    Succession

    Multiple Choice Single AnswerQuestion In addition to Place, Labor and Money which other internal

    environment Factor influences Management?

    Correct

    Answer

    Machines

    Your

    Answer

    Machines

    True/False

    Question Before 1990, Global players were allowed to enter and operate inIndian Market.

    CorrectAnswer

    False

    YourAnswer

    False

    Multiple Choice Multiple AnswerQuestion David C Mc Celland identified three motives those are

    CorrectAnswer

    Affiliation , Power , Achievement

    YourAnswer

    Affiliation , Power , Achievement

    True/False

    Question Demand forecast is one of the popular forecasts.

    Correct

    Answer

    True

    YourAnswer

    True

    True/FalseQuestion Procedures establish a useful method of doing work and thus it can

    eliminate friction between departments.

    Correct

    Answer

    True

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    YourAnswer

    True

    Multiple Choice Single Answer

    Question Management exists at which levels of the organization?

    CorrectAnswer

    All

    Your

    Answer

    All

    Multiple Choice Multiple Answer

    Question The defination of decision involves following characteristics

    CorrectAnswer

    Involves Rationality , Involves Commitment , Involves Mental Process

    Your

    Answer

    Involves Rationality , Involves Commitment , Involves Mental Process

    Multiple Choice Multiple AnswerQuestion Delegation becomes a necessity due to the following reasons:

    Correct

    Answer

    Structure of authority , Accountability , Superiors need to address

    important issuesYour

    Answer

    Structure of authority , Accountability , Superiors need to address

    important issues

    Brow ser Name:

    LIST OF ATTEMPTED QUESTIONS AND ANSWERS

    True/FalseQuestion Positive morale definitely influences the productivity of a group

    and reduces the amount of supervision necessary for the desiredoutput.

    Correct Answer True

    Your Answer True

    Match The FollowingQuestion Correct Answer Your Answer

    Feature of management Management is dynamic Management is dynamic

    Fundamental functions ofmanagement

    Planning, organizing,actuating and controlling

    Planning, organizing,actuating and controlling

    Characteristic of Management is an Management is an

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    management endeavour to achieve thepre-determined objectives

    endeavour to achieve thepre-determined objectives

    Scope of management Management is an inter-disciplinary approach

    Management is an inter-disciplinary approach

    Select The BlankQuestion One of the earlier users of this strategic business unit was

    ________.Correct Answer General Electrical Co.

    Your Answer General Electrical Co.

    Select The BlankQuestion The ________ appeared in the book, In search of Excellence.

    Correct Answer 7 S model

    Your Answer 7 S model

    Multiple Choice Multiple AnswerQuestion Research into the average Indian buying habits have brought

    about the following factsCorrect Answer they prefer to pay in cash , they like to touch and feel the

    merchandise , they want attention to be given to all members oftheir group

    Your Answer they prefer to pay in cash , they like to touch and feel themerchandise , they want attention to be given to all members of

    their group

    True/FalseQuestion Standard Batteries is a flagship company of the Thapar Group.

    Correct Answer False

    Your Answer False

    Multiple Choice Multiple AnswerQuestion The components of competitive analysis are :

    Correct Answer Future goals , Current strategy , Capabilities

    Your Answer Future goals , Current strategy , Capabilities

    True/FalseQuestion A wisdom worker is one who focuses on self-control.

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    Correct Answer True

    Your Answer False

    Multiple Choice Multiple AnswerQuestion The concept of SBU includes

    Correct Answer unrelated products and businesses that are separated , the factthat each SBU has its own CEO , a scientific method of groupingthe business

    Your Answer unrelated products and businesses that are separated , the factthat each SBU has its own CEO , a scientific method of groupingthe business

    Multiple Choice Single AnswerQuestion The service sector is the most diverse sector in the economy

    and one of the oldest professions present today areCorrect Answer Indian administrative services

    Your Answer Indian administrative services

    Multiple Choice Single AnswerQuestion One of the external environment factors that influences

    Management isCorrect Answer Legal

    Your Answer Legal

    Multiple Choice Single AnswerQuestion In which form does event management exist in India?

    Correct Answer nascent

    Your Answer nascent

    Multiple Choice Single AnswerQuestion Who said, Management is management of Men, Money,

    Machinery Materials and Information?Correct Answer Anonymous

    Your Answer Anonymous

    Multiple Choice Multiple AnswerQuestion The process of forecasting is based on

    Correct Answer Future trends , Current analysis , Past performance

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    Your Answer Future trends , Current analysis , Past performance

    Multiple Choice Single Answer

    Question Management is the combination of Arts, Science and

    Correct Answer Profession

    Your Answer Profession

    Select The BlankQuestion Management as a discipline is the function of________.

    Correct Answer creativity

    Your Answer creativity

    Multiple Choice Single AnswerQuestion What is the authority for the SBU which is delegated to each

    person heading it, and can adapt quickly to any environmentalchange?

    Correct Answer Decision-making

    Your Answer Decision-making

    Multiple Choice Single AnswerQuestion To become a successful consultant, name the skill required

    Correct Answer negotiation

    Your Answer negotiation

    Multiple Choice Single AnswerQuestion Management is not just a

    Correct Answer Process

    Your Answer Process

    Multiple Choice Multiple AnswerQuestion Types of degree of delegations are:

    Correct Answer Low degree , Moderate degree , High degree

    Your Answer Low degree , Moderate degree , High degree

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    Multiple Choice Single AnswerQuestion What is possible to enforce among workers when morale is high

    and when they are given participating opportunitiesCorrect Answer Self-discipline

    Your Answer Self-motivating

    Multiple Choice Multiple AnswerQuestion Some of the limitations of business planning are

    Correct Answer Time Consuming , Expensive device , Heavy cost of planning

    Your Answer Time Consuming , Expensive device , Heavy cost of planning

    Multiple Choice Single Answer

    Question The goal of human activity is pure consciousness but some alsopreferCorrect Answer Patanjali Yoga Sutra

    Your Answer Patanjali Yoga Sutra

    Multiple Choice Multiple AnswerQuestion Delegation becomes a necessity due to the following reasons:

    Correct Answer Structure of authority , Accountability , Superiors need toaddress important issues

    Your Answer Structure of authority , Accountability , Superiors need to

    address important issues

    Multiple Choice Single AnswerQuestion One of the internal environment factors that influences

    management isCorrect Answer Place

    Your Answer Place

    True/FalseQuestion Fast food chains are not a corporatised service.

    Correct Answer False

    Your Answer False

    Select The BlankQuestion ________means that private and foreign investors can

    participate in the Indian Insurance Sector.

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    Correct Answer Liberalization

    Your Answer Liberalization

    True/FalseQuestion There are three central ideas associated with consequentialism.

    Correct Answer False

    Your Answer False

    True/FalseQuestion Science is a body of organized knowledge

    Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion State the barriers to delegation of authority?

    Correct Answer Over-confidence

    Your Answer Over-confidence

    True/False

    Question The purpose of control is not to appraise current and completedaction but to provide a basis for regulating future activities.Correct Answer False

    Your Answer False

    Multiple Choice Single AnswerQuestion The fundamental objective of corporate governance is

    essentiallyCorrect Answer enhancement of long term shareholder value

    Your Answer enhancement of long term shareholder value

    True/FalseQuestion It is said that no company is allowed to deal in life and non-life

    insurance as a single entity.Correct Answer True

    Your Answer False

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    Select The BlankQuestion Training your subordinate means ________ them.

    Correct Answer Motivating

    Your Answer Motivating

    Multiple Choice Single AnswerQuestion How many rules govern Indian and Foreign insurance

    companies?Correct Answer 12

    Your Answer 12

    Select The BlankQuestion LPG stands for liberalization, ________ and globalization.

    Correct Answer Privatization

    Your Answer Privatization

    Select The BlankQuestion ________ is said to be the first contributor to management.

    Correct Answer Robert Owen

    Your Answer Henry Fayol

    True/FalseQuestion Management is that important process which continues till the

    objectives set by the administrator are actually achieved.Correct Answer True

    Your Answer True

    Match The Following

    Question Correct Answer Your Answer

    Management requireslearning

    Art requires knowledge Art requires knowledge

    Science is developed Over a period of time Over a period of time

    Management as adiscipline

    Has no centralized rule-making authority

    Has no centralized rule-making authority

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    Question Taj Mahal are living symbols of 'creation and result ofmanagement practices'.

    Correct Answer True

    Your Answer True

    Multiple Choice Multiple AnswerQuestion 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 AsiaYour Answer The future of industrial man , The age of discontinuity , Drucker

    on Asia

    Multiple Choice Multiple AnswerQuestion Research indicates that the limbic system learns best through

    Correct Answer motivation , extended practice , feedback

    Your Answer motivation , extended practice , feedback

    Z249J3RvcCcgY Brow ser Name:

    LIST OF ATTEMPTED QUESTIONS AND ANSWERS

    Select The BlankQuestion General Insurance corporation was nationalized in________.

    Correct Answer 1972

    Your Answer 1972

    True/FalseQuestion The theory of Bureaucracy was first propounded by Henry

    L.Gantt.Correct Answer False

    Your Answer True

    Multiple Choice Multiple AnswerQuestion The qualities that matter for International teamwork are,

    Correct Answer Mutual respect , Sense of time , Team spirit

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    Your Answer Automation spirit , Mutual respect , Sense of time , Team spirit

    Select The Blank

    Question ________ decisions relate to the day to day operations of theenterprise generally taken by middle and lower levelmanagement.

    Correct Answer Operative

    Your Answer Organisational

    True/FalseQuestion Event management in India is an ancient activity.

    Correct Answer False

    Your Answer False

    Select The BlankQuestion The board should set up________committee to determine

    package for executive directors.Correct Answer remuneration

    Your Answer remuneration

    Multiple Choice Multiple AnswerQuestion The experts who dealt in Behavioral Sciences are :

    Correct Answer Max Weber , Vilfredo Pareto , Elton Mayo

    Your Answer Max Weber , Vilfredo Pareto , Elton Mayo

    Multiple Choice Single AnswerQuestion Name the group of related businesses that can be taken for the

    sake of strategic planning, distinct from the rest of thebusinesses

    Correct Answer strategic business units

    Your Answer strategic business units

    True/FalseQuestion Learning organizations should imitate a task force.

    Correct Answer True

    Your Answer True

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    Multiple Choice Single AnswerQuestion 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

    True/FalseQuestion Fast food chains are not a corporatised service.

    Correct Answer False

    Your Answer False

    Multiple Choice Single AnswerQuestion What is vital to all management activities and helps to set

    definite objectives, prepare plans of action and introduceinnovations ?

    Correct Answer Decision making

    Your Answer Decision making

    Select The BlankQuestion Physical needs are at the base of the hierarchy theory of

    motivation while self actualisation needs are at the ________.Correct Answer apex

    Your Answer second level

    Multiple Choice Multiple AnswerQuestion Emotional intelligence is said to be the ability to sense,

    understand and effectively apply the power and acumen ofemotions as a source of

    Correct Answer information , trust , human energy

    Your Answer information , trust , human energy

    Multiple Choice Single AnswerQuestion Under the climate of morale what is the result of broadening the

    interest of the individual to include the whole group.Correct Answer Team-work

    Your Answer Team-work

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    Select The BlankQuestion The ________ appeared in the book, In search of Excellence.

    Correct Answer 7 S model

    Your Answer 7 S model

    Select The BlankQuestion One of the merits of ________ is that it recognizes importance of

    various individual needs and motivation, and yields acontingency model.

    Correct Answer Vroom's theory

    Your Answer Vroom's theory

    Multiple Choice Multiple AnswerQuestion The channels through which corporate governance may bear onperformance are activated through several structural andinstitutional factors as follows

    Correct Answer legal, political and regulatory environment , financial structure ofcorporation , structure and functioning of co.

    Your Answer structure and functioning of co. , legal, political and regulatoryenvironment , financial structure of corporation

    True/FalseQuestion Taj Mahal are living symbols of 'creation and result of

    management practices'.Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion Which among the following is an event management company?

    Correct Answer Planet E

    Your Answer Planet E

    Multiple Choice Single AnswerQuestion What is the reason that Indian Business houses were not able to

    take courageous decisions.Correct Answer stagger or stumbling self-confidence

    Your Answer over-self-confidence

    Select The Blank

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    Question ________, weakness, threats, opportunities are the long formSWOT analysis.

    Correct Answer strength

    Your Answer strength

    Select The BlankQuestion It is said that waking and dream world are both illusions,

    according to vedanta world as ________.Correct Answer Maya Mithya

    Your Answer Maya Mithya

    Multiple Choice Multiple AnswerQuestion Certain important motivational techniques are

    Correct Answer Monetary incentives , Job-based techniques , MBO techniques

    Your Answer Security technique , Monetary incentives , Job-based techniques

    True/FalseQuestion 'Span of control' is also referred to as span of management.

    Correct Answer True

    Your Answer True

    Multiple Choice Single AnswerQuestion Which is the technique where the completion of all tasks is

    checked in the order planned in the time scheduled is known asCorrect Answer Critical path method

    Your Answer Critical path method

    Multiple Choice Single AnswerQuestion What does an SBU do to unrelated products and businesses?

    Correct Answer It separates them

    Your Answer It dissolves them

    Multiple Choice Single AnswerQuestion What did chanakya write ?

    Correct Answer Arthashastra

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    Your Answer Arthashastra

    True/False

    Question Successful consultants must be foreign culture savvy.

    Correct Answer True

    Your Answer True

    Select The BlankQuestion In management process, the most misinterpreted word is

    ________.Correct Answer Organizing

    Your Answer Organizing

    Multiple Choice Multiple AnswerQuestion Some of the external factors that limit control are

    Correct Answer govt. policies , market changes , economic changes

    Your Answer govt. policies , market changes , economic changes

    Select The BlankQuestion Management as a discipline is the function of________.

    Correct Answer creativity

    Your Answer creativity

    Match The Following

    Question Correct Answer Your Answer

    Internet Further development ofretail sector in India

    Further development ofretail sector in India

    Important trends inretailing

    Market concentration Market concentration

    Exclusive retailing Apparel retailing stores Strength to any largeretailer

    Retailing category basedon shop area/location

    High street stores Apparel retailing stores

    Match The Following

    Question Correct Answer Your Answer

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    Making sense of situations organizing information andthoughts

    embedding new knowledgeinto mental models

    Creativity brainstorming, associatingideas

    organizing information andthoughts

    Inquiry interviewing, seekinginformation

    interviewing, seekinginformation

    Making choices deciding courses ofactions

    deciding courses of actions

    Multiple Choice Multiple AnswerQuestion Some of the public insurance companies are

    Correct Answer LIC , Oriental Insurance , General Insurance

    Your Answer LIC , Oriental Insurance , General Insurance

    Multiple Choice Multiple AnswerQuestion In the insurance sector the rules governing the foreign

    companiesCorrect Answer are 26% of equity participation , affect only special resolutions ,

    do not appoint majority directors on the company boardYour Answer are 26% of equity participation , affect only special resolutions ,

    do not appoint majority directors on the company board

    Multiple Choice Single AnswerQuestion What is the authority for the SBU which is delegated to each

    person heading it, and can adapt quickly to any environmental

    change?Correct Answer Decision-making

    Your Answer Decision-making

    True/FalseQuestion Competitive is a common word in all of Michael E.Porter's three

    famous books.Correct Answer True

    Your Answer True

    Multiple Choice Multiple AnswerQuestion Corporate governance aims at

    Correct Answer better transparency , ethics , accountability

    Your Answer better transparency , ethics , accountability

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    True/FalseQuestion Insurance never faces the challenges of branding, packaging

    and revenue model.Correct Answer False

    Your Answer False

    True/FalseQuestion 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 To which practice is the term "corporate governance" given?

    Correct Answer Management

    Your Answer Management

    Multiple Choice Multiple AnswerQuestion Some of the limitations of business planning are

    Correct Answer Time Consuming , Expensive device , Heavy cost of planning

    Your Answer Time Consuming , Expensive device , Heavy cost of planning

    Select The BlankQuestion Learning organizations are adaptive to

    their________environmentCorrect Answer external

    Your Answer external

    Multiple Choice Single AnswerQuestion Of which type of knowledge is science a body of?

    Correct Answer Organized

    Your Answer Organized

    Multiple Choice Multiple AnswerQuestion Select the guidelines for effective decision making.

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    Correct Answer Adopt a diagnostic approach to decision making , Involvesubordinates in decision making process , Evaluate the results

    Your Answer Adopt a diagnostic approach to decision making , Involvesubordinates in decision making process , Evaluate the results

    Multiple Choice Multiple AnswerQuestion 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 , The practice of management

    Brow ser Name:

    LIST OF ATTEMPTED QUESTIONS AND ANSWERS

    Multiple Choice Multiple AnswerQuestion Some of the popular forecasts are

    Correct Answer Specific industry forecast , Demand forecast , Sales forecast

    Your Answer Demand forecast , Sales forecast , Specific industry forecast

    Select The Blank

    Question There are ________ forces of competition.

    Correct Answer Five

    Your Answer Five

    Multiple Choice Single AnswerQuestion What is the fundamental tool employed by managers in

    directing their subordinates ?Correct Answer Order

    Your Answer Order

    Match The Following

    Question Correct Answer Your Answer

    Definition ofManagement

    Management ismanagement of men,money, machinery,

    Management ismanagement of men,money, machinery,

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    materials and information materials and information

    Koontz and O'Donell Management is thecreation and

    maintenance of internalenvironment in anenterprise

    Management is thecreation and maintenance

    of internal environment inan enterprise

    Peter Drucker Management is a multi-purpose organ thatmanages a business,manages workers andwork

    Management is a multi-purpose organ thatmanages a business,manages workers andwork

    Appley L Management ismanagement of peopleand not the direction of

    things

    Management ismanagement of peopleand not the direction of

    things

    Multiple Choice Single AnswerQuestion Whose feelings and difficulties should the manager know for

    direction to become effective ?Correct Answer Subordinates

    Your Answer Subordinates

    Select The BlankQuestion ________means that private and foreign investors can

    participate in the Indian Insurance Sector.Correct Answer Liberalization

    Your Answer Liberalization

    Multiple Choice Multiple AnswerQuestion The old control techniques which were used through years

    areCorrect Answer Unity of policies , break-even analysis , budgetary control

    Your Answer Unity of policies , break-even analysis , budgetary control

    Multiple Choice Single AnswerQuestion How many event management companies are there in

    Pune?Correct Answer 215

    Your Answer 215

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    Multiple Choice Multiple AnswerQuestion Objectives can be classified as

    Correct Answer On the basis of time , On the basis of functions , On the

    basis of levelsYour Answer On the basis of time , On the basis of functions , On thebasis of levels

    True/FalseQuestion Management is the combination of Arts, Science and

    profession.Correct Answer True

    Your Answer True

    True/False

    Questio